Touch panel market is projected to reach $137.1 billion globally by 2027

Touch panel market is projected to reach $137.1 billion globally by 2027

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According to our latest market study on “touch panel market” was valued at $59.06 billion in 2019 and is expected to reach $137.1 billion by 2027; it is expected to grow at a CAGR of 12.0% from 2020 to 2027. APAC held the largest share of the global touch panel market due to the widespread adoption of smartphones and e-learning in various countries in the region. The presence of some well-known touch panel manufacturers in the region such as AU Optronincs, J-Touch Corporation, Fujitsu and Digitech Systems is the main driving factor behind the growth of touch panel market in APAC countries. In terms of market share, North America, Europe and MEA ranked second, third and fourth respectively in 2019. In order to give the smartphone market a boost, the growing availability of 4G connectivity in the USA plays an important role. This factor will help the touch panel market to grow. Faytech North America and Unytouch are some of the companies involved in touch screen technology business.

The sample pages demonstrate the content structure and type of information included in this research study, which presents a qualitative and quantitative analysis: https://www.theinsightpartners.com/sample/TIPTE100000627/

List Of TOP KEY PLAYERS in Touch Screen Market Report are –

  • 3M
  • Samsung
  • Xenarc Technologies Corporation
  • Renesas Electronics Corporation
  • FUJITSU LIMITED
  • Advantech Co.Ltd
  • planar
  • Hitachi, Ltd
  • Innolux Corporation
  • LG Display Co.,Ltd.

Synopsis of Touch Panel Market:

Significant spending by consumer electronics users in Europe will impact smartphone penetration rate. The importance of electronic computing and related devices is becoming more popular as the usage of e-readers, smartphones, laptops and virtual reality headsets increases. In addition, factors such as the increase in digitalization, e-commerce, social media, online advertising and mobile devices, the acceptance rate of smartphones, LCD touch monitors, tablets, and monitors and computers are being driven by…

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