Market Insights
Multitouch screen displays provide a collaborative workspace for the user to perform multitouch operations. Multitouch technology used in such displays is responsible for detecting and responding to more than one or two points of contact on its surface at the same time.
It has an interactive user interface such as windows, icons, menus, and pointers that allow users to control the digital environment inside the gadget directly or indirectly using their bare fingers or palm. Such types of screens are used in smartphones, tablets, laptops, smart T.V.s, smart watches, etc. As the demand for these devices is very high, the multitouch screens that are used in them are growing impressively across the globe.
The multitouch sensing ability of the screen is possible due to the presence of application-specific integrated circuit (ASIC) sensors that are attached to the touch screen. It allows users to perform a variety of finger gestures, such as zooming in or zooming out by double tapping on the screen, scrolling the page up and down, swiping left or right to go to the previous or next page, swiping the three fingers or palm to take a quick screenshot, and so on.
Apart from these features, multitouch screens also provide better resolution and clarity of characters such as text, video, photos, satellite images, 3D simulations, etc., which enhances the user experience.
Increasing adoption of multitouch screen displays and growing investments from major companies like Apple Inc., Microsoft Corporation, etc., are projected to drive the global multitouch screen market in the years to come.
Major companies are now focusing on offering multitouch displays with a see-through screens. This technological advancement is expected to provide lucrative opportunities for the market in the near future.
In terms of geography, Asia-Pacific is the largest and fastest-growing multitouch screen market worldwide. The growth of this region is mainly attributed to a large number of people of working age and the popularity of smart devices among them.
The original equipment manufacturers (OEMs) are establishing their manufacturing units in developing countries, as they provide cheap labor and the availability of raw materials at a lower cost. Moreover, the presence of some major players, including Fujitsu Ltd., Samsung Electronics Co., Ltd., Alps Electric Co., Ltd., Panasonic Corporation, etc., is further enhancing regional market growth.
On the other hand, the high cost of glass touch displays and the lack of availability of indium tin oxide, one of the key materials that are required in the manufacturing of multitouch screen displays, are some of the factors expected to hinder the market’s growth.
The global multitouch screen market is segmented on the following basis:
By Technology
- Resistive
- Capacitive
- Infrared
- Surface Acoustic Wave (SAW)
- Optical
By Application
- Consumer Electronics
- Medical
- Enterprise
- Retail
- Government
- Others (education, military, etc.)
By Geography
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified in the multitouch screen market include:
Apple Inc., Microsoft Corporation, Fujitsu Ltd., H.P. Development Company, L.P., Samsung Electronics Co. Ltd., Immersion Corporation, Panasonic Corporation, Corning Inc., L.G. Electronics Inc., Sharp Corporation, Display, and Alps Electric Co. Ltd., etc.
