Increasing smartphone/tablet penetration rate coupled with rapid urbanization in emerging economies across the world is driving the global touch tablet touch panel market.
COVID-19 Impact & Market Status
The global impact covid-19 had a significant impact on the tablet touch panel market in 2020. It caused stock market volatility, declining business confidence, growing population panic, and uncertainty about the future. The outbreak of COVID19 affected many aspects, including travel ban and quarantine.
The Tablet Touch Panel market is expected to grow at a CAGR of 9% to reach USD 60.41 billion in 2029.
The report gives a better understanding of the key drivers and constraints in the market and their impact on the global market. Learn about the market strategies adopted by major organizations. The report focuses on the tablet touch panel market with development forecast 2022-2029 in the world.
The report includes global and regional market conditions and outlook 2022-2029. In addition, the report provides details of each region and country covered in the report. The report discusses the production, consumption, import / export, sales volume and sales forecast.
The report covers majority Product Types in the Tablet Touch Panel Industry, including its product specifications by each key player, volume, sales by Volume and Value (Bn USD). This includes industry, major players / suppliers around the world, and regional market share such as launches and locations of companies and products. In the market, market status and development trends by type and application, providing price and profit status, marketing status, market growth drivers, and base year 2020 challenges.
Resistive Technology Type Segment Accounted For Highest Market
The global tablet touch panel market is classified into resistive, capacitive & infrared touch on the basis of technology. Among these, the resistive technology type segment accounted for highest market share in global tablet touch panel market owing to factors such as water resistance, and are resistant to moisture and other liquids. Also, tablets are resistive to harsh environments.
Smart Phones Tablet Touch Panel Segment Experienced Higher Market Demand And Sales Revenue
The global tablet touch panel market is classified into smart phones, tablet pc, notebook pc, all in one (AIO) PCs, LCD touch monitors, and others (smart TV, smartwatch on the basis of application. Among these, the smart phones tablet touch panel segment experienced higher market demand and sales revenue in 2021. The segment is anticipated to grow significantly at a faster speed in forthcoming years.
Consumer Electronics Segment Rallied To An Upward March
The global tablet touch panel market is classified into industrial, healthcare, consumer electronics, retail, automotive, BFSI, and other on the basis of End User. Among these, the consumer electronics segment rallied to an upward march in previous years and is likely to grow at a same pace through the forecast period.
The increasing need of using touch panels that produce less reflection than traditional screens due to rapid penetration of smartphones is improving the reliance on tablet touch panel market.
The Tablet touch panel market has also been witnessing an increasing demand for glassbased products in recent years due to the growing adoption of touchscreen technology by various industries including the automotive and consumer electronics sector among others.
Owing to benefits such as reality based interaction, durability, speed, improved accessibility, better user interface, easy navigation, the tablet touch panel is experiencing rapid adoption as opposed to traditional screens thus fostering remarkable progress in global tablet touch panel market.
The factors such as increasing demand for tablet phones to fulfil remote learning goals, government relaxing lockdown restrictions, students looking tablets as a better studying option, companies bringing innovation in products and launching new models, growing demand for tablets from both consumer and enterprise segments is boosting the global tablet touch panel market.
The advantages such as physiological development in children, intuitive touch-screen interface, easily downloadable apps, and apromising tool for fostering aspects of emergent literacy encourage further adoption of tablet touch panel.
Touch panel technology is an important issue for today's digital devices such as smartphones, slate devices such as iPads, digital camera back screens, Nintendo DS, and Windows 7 devices. The term touch panel encompasses various technologies for sensing the touch of a finger or stylus. In this session, we'll look at basic touch panel sensing methods and introduce the characteristics and optimal applications of each.
The touch panel is actually a type of screen that helps users interact with their tablets without having to rely on other hardware devices such as a stylus or pointer.
However, due to its hindrance in children’s experience in non-digital environment and side effect such as weakened eyesight limit the adoption of tablet touch panel at homes. Furthermore, the significant costs unaffordable to middle class people, high repair and maintenance costs are also some other key factors hampering the global tablet touch panel market.
At the same time, increasing popularity of tablets in pre-schoolers, smartphone/tablet penetration, increasing demand for tablet phones to fulfil remote learning goals, government relaxing lockdown restrictions, students looking tablets as a better studying option, companies bringing innovation in products and launching new models, growing demand for tablets from both consumer and enterprise segments is anticipated to be a good opportunity for the global tablet touch panel market.
The leading companies in global tablet touch panel market are AU Optronics, Cambrios Technologies, 3M Touch Systems, TPK holdings, Winter, Tovis, Chunghwa Picture Tubes, Digitech Systems, J-Touch, and Fujitsu among others.
Latest Innovation In Global Tablet Touch Panel Market: A Snapshot
- Xiaomi is about to launch its first tablet phone on April 27. This will be company’s first tablet phone in past seven years.
Tablet Touch Panel Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2029||USD 60.41 billion|
|Growth Rate||CAGR of 9 % during 2019-2029|
|Segment Covered||By Screen Types, Aplication, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||3M (US), Corning Incorporated (US), Displax (Portugal), Mouser Electronics, Inc. (US), FUJITSU (Japan), Cypress Semiconductor Corporation. (US), Microsoft (US), SAMSUNG (South Korea), Synaptics Incorporated (US), LG Electronics. (South Korea), and WINTEK Corporation (US), among others|
Key Segments of the Global Tablet Touch Panel Market
Technology Overview (USD Billion)
- Resistive Touch Panel
- Capacitive Touch Panel
- Infrared Touch Panel
By Application Overview, (USD Billion)
- Smart Phones
- Tablet PC
- Notebook PC
- All in one (AIO) PCs
- LCD Touch Monitors
- Others (Smart TV, Smartwatch)
End-user Overview, (USD Billion)
- Consumer Electronics
Regional Overview, (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa