Global Touch Sensor Market Growth 2023-2029

Global Touch Sensor Market Growth 2023-2029

Touch sensors detect touch or the presence of close objects without relying on physical contact. Since, it does not have any moving parts like that of mechanical switch or potentiometer, it is more convenient and reliable to use.

LPI (LP Information)' newest research report, the “Touch Sensor Industry Forecast” looks at past sales and reviews total world Touch Sensor sales in 2022, providing a comprehensive analysis by region and market sector of projected Touch Sensor sales for 2023 through 2029. With Touch Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Touch Sensor industry.

This Insight Report provides a comprehensive analysis of the global Touch Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Touch Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Touch Sensor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Touch Sensor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Touch Sensor.

The global Touch Sensor market size is projected to grow from US$ 5517.8 million in 2022 to US$ 11050 million in 2029; it is expected to grow at a CAGR of 11050 from 2023 to 2029.

The growing demand for touch-enabled devices like smartphones and tablets coupled with the rising adoption of touch-enabled e-readers, interactive displays, and digital signage will aid in the growth of this market. Also, the widespread availability of low-cost smartphones in emerging markets, such as China and India, and the increasing number of end users accessing the Internet on smartphones and tablets will bolster the demand for touch-enabled smartphones and tablets during the forecast period. This increase in the demand for smartphones and tablets will, in turn, necessitate the utilization of touch sensors for the production of such devices; thus, resulting in market growth.

This report presents a comprehensive overview, market shares, and growth opportunities of Touch Sensor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Resistive
Capacitive
Others

Segmentation by application
Smartphones
Laptops
Monitors
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
NXP Semiconductors
Infineon
ON Semiconductor
Texas Instruments
Atmel
Cypress Semiconductor
FUJITSU
BeanAir

Key Questions Addressed in this Report

What is the 10-year outlook for the global Touch Sensor market?

What factors are driving Touch Sensor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Touch Sensor market opportunities vary by end market size?

How does Touch Sensor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.