Touch screen technology has evolved and innovated since its inception, leading to various types tailored to diverse industries and needs. Presently, touch screens find extensive applications in mobile phones, tablet computers, finance, retail, industrial control, entertainment, catering, public information, education, and more, enhancing convenience.
The Global Touch Screen Display Market scale reached USD 65.60 Billion in 2021 and $66.91 billion in 2022. Furthermore, the global touch screen display market is projected to reach USD 163.10 billion by 2029, with a compound annual growth rate of 13.9%.
Three Sections of the Touch Screen Display Industry
The touch screen display industry chain divides into three sections: the upstream, the midstream, and the downstream.
The upstream
The upstream of the touch screen industry chain is manufacturers of raw materials, touch sensors and electronic components. The main raw materials include glass substrates, ITO conductive glass, polarizers, color filters, etc.
The midstream
The midstream is touch screen manufacturers, which use various upstream materials to manufacture it
The downstream
The downstream are manufacturers of various types of touch terminal equipment, using midstream touch screens to integrate various complete products.
Touch Screen Classification Based on the Size Of the Terminal Product’s Panel
In the touch display industry chain, touch screens occupy a crucial position in the middle, significantly contributing to industry development. When categorized by the size of the terminal product’s panel, touch screens are classified into small-size (1 to 3 inches), medium-size (3 to 10.4 inches), and large-size (10.4 inches or larger).
Small and medium size
It generally refer to touch screens smaller than 10.4 inches. Small and medium-sized touch screens are mainly used in mobile phones, PDAs, digital cameras, digital camcorders, and vehicle displays.
Large size
On the contrary, large-sized touch screens (larger than 10.4 inches) primarily find application in notebook computers, monitors, and LCD TVs.
Due to the substantial investment in large-size touch screen production lines and the use of large glass substrates, proximity among upstream, mid-stream, and downstream manufacturers is essential. Consequently, if the local supply chain is incomplete or inadequate, it will directly result in high production costs.
In the industry chain, the core competitiveness of enterprises lies in whether they master innovative touch screen technology independently. Additionally, manufacturers and companies with independent R&D capabilities and their own intellectual property rights will have strong competitive advantages. Moreover, in the assembly and debugging stages, companies with strong manufacturing, assembly, and testing capabilities also have certain competitive advantages.
The Key Players of Touch Display Industry
Key players in the touch display industry include Displax, Samsung, AD metro, Atmel Corporation, Microsoft Corporation, Fujitsu Ltd., 3M, Elo, BOE Technology, Sharp, NEC Corporation, Qisda Corp., AU Optronics, Panasonic, and LG Electronics. Most companies in the touch display industry primarily focus on manufacturing and supplying small-size capacitive screens. Recently, many companies have aggressively launched consumer capacitive screen projects, heightening competition in the small-size touch screen industry, especially in mobile phones. As the medium and large-size touch screen market develops, companies specializing in these screens will encounter greater opportunities for growth. Currently, leading companies in the medium and large size touch screen market include ELO, TouchSystems, and 3M. ELO and 3M specialize in surface acoustic wave screens and infrared screens, respectively.
The Market for Touch Screens Display
The market for touch screen displays is segmented into regions including Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. The rising demand for enhanced display interfaces and interactive screens in this region propels North America to the forefront of touch screen display market leadership. The increasing utilization of technology-intensive products and services like sports broadcasts, events, television programming, and news coverage propels touch screen display market growth. With the widespread adoption of devices like tablets and smartphones in Asia Pacific, we expect significant growth in this region over the forecast period. Furthermore, technological developments, including the deployment of 4G and 5G data services, will further stimulate the market in the Asia Pacific.
Global informatization advancements facilitate increased information dissemination and accelerate the digitalization of market transactions, work, life, and entertainment. Consequently, we require a large number of interactive information input and output devices. Touch displays will see wide usage in personal portable products and fixed public facilities. Moreover, with technological maturity, it adeptly fulfills varied market demands, while moderate industry competition nurtures development without excessive monopolization or competition.
About Top One Tech
Located in Shenzhen, China, Top One Tech provides comprehensive electronic product production services, specializing in touch screens and related equipment. Offering customization, design, production, and sales, they ensure cost-effective solutions. With independent research and development capabilities and advanced technology, we serve global markets.
See Also : Our Wide Range Of Touch Screen Products
