Touch Screen Display Market Size, Share, Opportunities, And Trends By Screen Type (Capacitive Touch Screens, Resistive Touch Screens, Surface Acoustic Wave Type Displays, Infrared Touch Screens, Others), By Application (Laptop, Smartphone, Smart Tv, Others), And By Geography - Forecasts From 2023 To 2028

The touch screen display market has experienced significant growth in recent years, driven by the increasing demand for user-friendly and interactive devices across various industries. Touchscreen displays offer a seamless user interface and have become an essential component in modern electronic devices, including smartphones, tablets, laptops, and gaming consoles. The touch screen displays market is expected to continue its growth trajectory, driven by advancements in touch screen technologies such as capacitive, resistive, and surface acoustic wave (SAW) displays. Additionally, the emergence of new technologies such as flexible touch screens, transparent displays, and haptic feedback displays are expected to further fuel the growth of this market. The touch screen display market is highly competitive, with several key players dominating the industry. These companies invest heavily in research and development to introduce new and innovative touchscreen technologies to the market. Some of the leading companies in the touch screen display market include Samsung Electronics Co. Ltd., LG Electronics Inc., Fujitsu Limited, Wintek Corporation, and 3M Company.

Drivers: The touch screen display market is driven by increasing demand for smartphones and tablets and rising demand for interactive displays in the retail and hospitality industries.

• Increasing demand for smartphones and tablets.

The global smartphone market has witnessed significant growth in recent years, fueled by the increasing demand for mobile devices that offer advanced features and functionalities. Touchscreen displays have become an essential component of smartphones and tablets, providing a seamless user interface that enables users to interact with their devices more intuitively. In addition, the increasing availability of low-cost smartphones and the rising adoption of mobile devices in emerging economies are expected to further fuel the growth of the touch screen display market.

• Rising demand for interactive displays in retail and hospitality industries.

Interactive touchscreen displays are being increasingly used in the retail and hospitality industries to provide a more engaging and personalized customer experience. Interactive displays are being used for various applications such as product demonstrations, ordering systems, and wayfinding, among others. With the growing trend towards experiential retail, touch screen displays are becoming an essential component of retail environments, providing retailers with a means to differentiate themselves and offer a unique customer experience.

Based on screen type, the touch screen display market is expected to witness positive growth in the capacitive touch screen segment.

The use of capacitive touch screen displays in various industries such as healthcare, retail, and hospitality is driving the growth of the segment. Capacitive touchscreen displays are known for their high responsiveness, durability, and multi-touch capabilities, making them ideal for interactive displays in public spaces. For example, capacitive touchscreen displays are increasingly being used in healthcare facilities to improve patient engagement and streamline workflows. In addition, the popularity of digital signage, education, and gaming applications that require high-quality touchscreen displays is also contributing to the growth of the capacitive touch screen display market. Interactive displays provide a more engaging and immersive experience for users, leading to increased adoption in various industries.

North America accounted for a significant share of the global touch screen display market.

Based on geography, the touch screen display market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The North American touch screen display market is expected to see substantial growth during the projected period, driven by a variety of factors. One key factor is the increasing adoption of touchscreen displays in retail, healthcare, and other sectors, where they are being used to enhance customer experience and increase operational efficiency. Additionally, advancements in touchscreen technology, such as haptic feedback and pressure sensing, are also driving growth in the market as they enable more immersive and intuitive user experiences. Another important factor is the growing demand for touchscreen displays in the automotive industry, where they are being used for infotainment systems and other applications.

Key developments.

• In October 2021, AG Neovo, a provider of touch screen displays worldwide, unveiled the TX-4302, a 43-inch touch screen that is installed behind glass to enhance customer engagement and provide a powerful means for commercial users to advertise their products and services.
• In February 2021, TES America LLC acquired assets from 3M Touch Systems, including the MicroTouch brand of touch screen monitors, surface capacitive and projected capacitive components, and displays for commercial applications.
• In September 2020, SigmaSense, a global leader in touch screen technology, completed a $22m series A funding round led by Foxconn Technology Group with participation from other investors. The funds enabled SigmaSense to develop proprietary semiconductor and software solutions for a new generation of touch and touchless human-machine interfaces, enabling interactive touch, pressure sensing, object recognition, digital pens, and high hover for touchless gestures on various types of screens.

Key Market Segments

• By Screen Type
  • Capacitive Touch Screens
  • Resistive Touch Screens
  • Surface Acoustic Wave Type Displays
  • Infrared Touch Screens
  • Others
• By Application
  • Laptop
  • Smartphone
  • Smart Tv
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others