Global Industrial Touchscreen Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Touchscreen Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A touchscreen, or touch screen, is a both input and output device and normally layered on the top of an electronic visual display of an information processing system. A user can give input or control the information processing system through simple or multi-touch gestures by Touching the screen with a special stylus or one or more fingers.

Market Overview:

The latest research study on the global Industrial Touchscreen market finds that the global Industrial Touchscreen market reached a value of USD 1477.89 million in 2022. It’s expected that the market will achieve USD 1721.0 million by 2028, exhibiting a CAGR of 2.57% during the forecast period.

Influence of COVID-19 Outbreak on Industrial Touchscreen Industry Development

Due to the global epidemic and the severe epidemic in Europe and the United States, the government issued a policy on social isolation, and many factories were shut down. The manufacture and production of industrial touch screens are restricted. The shutdown of other factories has reduced the demand for industrial touch screens, and the development of the industrial touch screen market has been limited. Subsequent epidemic situations and changes in control policies will continue to affect the development of the industrial touch screen market.

Development of multi-touch capacitive screen

Advances in technology have led to a fundamental shift from traditional bulky, slow and inaccurate resistive single-touch to highly sensitive multi-touch capacitive screens. Multi-touch technology can identify multiple touch points on the screen. It has a touch screen interface and a touchpad. Traditional touch only allows one click / tap, while multi-touch allows users to zoom, select and scroll. Therefore, multi-touch enables input through gestures and pressure at multiple points on the display surface of the device. The development of multi-touch screens has become an important growth point for industrial touch screens.

Limited supply of raw materials

The availability of raw materials is the main challenge for market growth. Insufficient supply of raw materials, resulting in price fluctuations will limit the development of the industrial touch screen market. Increased production costs and fierce competition may also reduce market profitability.

Development of the automobile manufacturing industry

With the development of the economy and the increase in per capita disposable income, people's desire for car consumption continues to increase, and the number of cars per capita continues to rise. This will continue to promote the development of the automobile manufacturing industry. Environmentally-friendly and energy-saving vehicles also bring new growth points to the automobile manufacturing industry. The manufacture of automobiles requires industrial touch screens for process monitoring. Therefore, the development of the automobile manufacturing industry is expected to provide impetus to the development of the industrial touch screen market.

Region Overview:

In 2022, the share of the Industrial Touchscreen market in United States stood at 38.07%.

Company Overview:

Schneider Electric is one of the major players operating in the Industrial Touchscreen market, holding a share of 14.23% in 2023.

Schneider Electric

Schneider Electric SE is a French multinational corporation specializing in electrical equipment that is headquartered in Rueil-Malmaison, France. It is also based at the World Trade Center of Grenoble.

Siemens

Siemens is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad. The principal divisions of the company are Industry, Energy, Healthcare (Siemens Healthineers), and Infrastructure & Cities, which represent the main activities of the company.

Segmentation Overview:

By type, Resistive segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Manufacturing segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Industrial Touchscreen market covered in Chapter 3:

Siemens
Panasonic
Beckhoff Automation
B&R Industrial Automation
Fujitsu
weinview
Captec
Kontron
Schneider Electric
Red Lion
Kinco
Elo Touch Solutions
Sparton
Advantech
Allen-Bradley

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Touchscreen market from 2018 to 2029 is primarily split into:

Resistive
Capacitive
Surface Acoustic Wave
Infrared

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Touchscreen market from 2018 to 2029 covers:

Mining industry
Manufacturing
Energy industry
Construction industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)