Market Overview
The Global Multi-Touch Screen Market is expected to reach a value of
USD 3.9 billion in 2023, and it is further anticipated to reach a market value of
USD 13.7 billion by 2032 at a
CAGR of 14.9% from 2023 to 2032. The market has seen a significant increase in the recent past and is predicted to grow significantly during the forecasted period as well.
The Global Multi-Touch Screen Market manages the manufacture, supply and demand of the multi-touch screen display technology which can respond to & recognize multiple points of contact from fingers or touch inputs simultaneously. The Multi-touch Screen Display is designed to detect and respond to multiple points of contact simultaneously. Multi-touch Screens are used in various electronic devices like mobile phones, laptops, tablets, smartwatches, personal computers and others. Their use is not only bound to electronic devices but they are also used in
digital signage, healthcare equipment and hospitality.
Market Dynamic
The market dynamics of the Global Multi-Touch Screen Market are influenced by innovation, consumer preferences, recent trends and global economic conditions. The continuous research to improve the touch sensitivity, screen fingerprint recognition & accuracy of the screens has led to the growth of this market. The growing consumer base of smart devices like phones, laptops, tablets and wearables is directly influencing the growth of the multi-touch screen market positively. Now the major companies are focusing on making the devices more accurate and user friendly which is another factor behind the growth of this market. Large interactive displays are widely used in various industries like retail, corporate & healthcare. These large
display screens are used as digital signage or in conferencing systems.
Like any other market, the government has issued certain guidelines and regulations for the multiple touch screen manufacturers so they have to focus on producing energy-efficient and environment-friendly touch screens. To solve this problem many industries are exploring green materials & technologies to reduce the negative impact of multi-touch screens. These market dynamics contribute to the growth of the global multi-touch screen market.
Research Scope and Analysis
By Technology
Based on technology used in multi-touch screens, the Global Multi-Touch Screen Market is segmented into Resistive, Capacitive, Optical, Pressure-sensitive and Surface EMG. In this segment, the resistive holds the largest share and is anticipated to acquire a larger share in the forthcoming years. Resistive touch technology is based on pressure as it uses two layers of conductive material separated by a small gap. So, when the user touches the screen and applies pressure the two layers make contact and register the touch. These screens are extensively used in
medical, and industrial instruments. Resistive touch screens are popular because they are durable, and can withstand temperature fluctuations and harsh conditions. Another factor of their popularity in the smart device manufacturing industries is their accuracy in registering touches and durability.
By Application
Based on application, The Global Multi-Touch Screen Market is segmented into Consumer Electronics, Retail and hospitality, Education, Hospital and healthcare and Industrial and manufacturing. In this segmentation, consumer electronics hold a significant portion of the market. This segment consists of the use of multi-touch technology in devices like smartphones, laptops, computers, watches, smart home appliances & gaming consoles. This segment focuses on enhancing the product to be more user-friendly. These consumer electronics have become more popular among the masses during the pandemic which has boosted their growth. Many major companies provide diverse features in this, by which the consumers can easily monitor any appliance any time they want. These new advancements & innovations are the main driving force behind the growth of this segment in the global multi-touch screen market.
The Multi-touch Screen Market Report is segmented on the basis of the following:
By Technology
- Resistive
- Capacitive
- Optical
- Pressure-sensitive
- Surface EMG
- Others
By Application
- Consumer Electronics
- Retail & Hospitality
- Education
- Hospitals & Healthcare
- Industrial & Manufacturing
- Others
Regional Analysis
The Asia Pacific region has firmly secured a significant market share, contributing
32.8% of the total revenue in the Global Multi-Touch Screen Market in 2023, and is anticipated to witness growth for the forecasted period. This growth can be accredited to the rise in urbanization, which has elevated the disposable income levels in this region. Also, the increased awareness, upcoming trends and new advancements in technology are motivating customers to switch to smart devices and wearables such as watches, phones, and tables. Some major smartphone manufacturers who hold a significant share of the global market emerge from this region such as Xiaomi, Samsung, Huawei, Panasonic & One Plus.
This region’s extensive consumer base and major market footing in smartphone manufacturing are anticipated to fuel the demand for multi-touch screens. After evaluating the growth potential of this region many global companies are trying to establish their manufacturing unit in this region as this region provides a wide consumer base and cheap labor cost.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The Global Multi-Touch Screen Market is characterized by fierce competition, with various key players competing for prominence. These companies are vigorously expanding their market presence through strategic partnerships & investments in innovative product offerings, thereby gaining a competitive advantage. In the Global Multi-Touch Screen Market, with few key players they account for the majority of the market revenue. The key players of this industry play many strategies to gain the edge over others and for that, they use mergers, acquisitions, contracts, and strategic agreements as the method of growth.
The key players in the Global Multi-Touch Screens Compounds Market are Wintel Corporation, Microsoft Corporation, 3M, LG Electronics, SAMSUNG, Japan Display Inc, Innolux Optoelectronics Co., Ltd., HannStar, BOE Technology Group Co., Ltd., SHARP CORPORATION, Infineon Technologies AG, Immersion, FUJITSU, Synaptics Incorporated, Gesture Tek technologies, Apple Inc., TPK Holding Co., ALPS ALPINE CO. LTD., Microchip Technology Inc. & Other Key Players.
Some of the prominent players in the Global Multi-touch Screen Market are:
- Wintel Corporation
- Microsoft Corporation
- 3M
- LG Electronics
- SAMSUNG
- Japan Display Inc
- Innolux Optoelectronics Co. Ltd.
- HannStar
- BOE Technology Group Co. Ltd.
- SHARP CORPORATION
- Infineon Technologies AG
- Immersion
- FUJITSU
- Synaptics Incorporated
- Gesture Tek technologies
- Apple Inc.
- TPK Holding Co.
- ALPS ALPINE CO. LTD.
- Microchip Technology Inc.
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Multi-touch Screen Market
The COVID-19 Pandemic had a significant impact on the Global Multi-Touch Screen Market, affecting different aspects of the market. During the pandemic, the market faced both positive and negative impacts. From a positive point of view, the pandemic raised awareness among consumers of the need for touchless technology to reduce the spread of germs. This thinking led to a surge in demand for touchless and contactless interfaces. After this manufacturer started to develop a touch screen with anti-microbial coating & materials that are easy to use.
The use of multi-touch screens has also become an essential healthcare tool in hospitals where it is used for monitoring the patient condition, virtual consultations and information displays. This market has also seen a rise in online shopping during the pandemic which led to the demand for touch-based interfaces that have directly related to the growth of multi touch screen market. the Global Multi-Touch Screen Market has adopted a few of these changes, with a focus on providing a safe interactive solution for various industries and applications.
Report Details
| Report Characteristics |
| Market Size (2023) |
USD 3.9 Bn |
| Forecast Value (2032) |
USD 13.7 Bn |
| CAGR (2023-2032) |
14.9% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Technology (Resistive, Capacitive, Optical,
Pressure-sensitive, Surface EMG and others), By
Application (Consumer Electronics, Retail and
hospitality, Education, Hospitals and Healthcare,
Industrial & Manufacturing and others) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Wintel Corporation, Microsoft Corporation, 3M, LG
Electronics, SAMSUNG, Japan Display Inc, Innolux
Optoelectronics Co., Ltd., HannStar, BOE Technology
Group Co., Ltd., SHARP CORPORATION, Infineon
Technologies AG, Immersion, FUJITSU, Synaptics
Incorporated, Gesture Tek technologies, Apple Inc.,
TPK Holding Co., ALPS ALPINE CO. LTD., Microchip
Technology Inc. & Other Key Players. |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Multi-Touch Screen Market is expected to reach a value of USD 3.9 billion in 2023, and it is
further anticipated to reach a market value of USD 13.7 billion by 2032 at a CAGR of 14.9%.
The Global Multi-Touch Screen Market manages the manufacture, supply and demand of the multi-
touch screen display technology which can respond to & recognize multiple points of contact from
fingers or touch inputs simultaneously.
The key players in the Global Multi-Touch Screens Compounds Market are Wintel Corporation,
Microsoft Corporation, 3M, LG Electronics, SAMSUNG, Japan Display Inc, Innolux Optoelectronics Co.,
Ltd., HannStar, BOE Technology Group Co., Ltd., SHARP CORPORATION, Infineon Technologies AG,
Immersion, FUJITSU, Synaptics Incorporated, Gesture Tek technologies, Apple Inc., TPK Holding Co.,
ALPS ALPINE CO. LTD., Microchip Technology Inc. & Other Key Players.
The multi-touch screen allows the user to have a more natural and effortless interaction supported by
gestures like pinch to zoom, rotation & swiping. They enhance user experience in various applications.