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(Wireless-NewsWire.Com, February 27, 2016 ) The use of hi-tech touchscreen display is a major driver contributing to the growth of the retail touch screen display market. With the developments in technology, the touchscreen displays are becoming more advanced rather than being a personalized experience. The touch screen technology market is also driven by factors, such as increased consumer spending on electronic devices, increasing efficiency and ease of access for these devices. The increasing usage of touch screen displays in the healthcare and entertainment applications is expected to create several growth opportunities in the market.
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A touchscreen display includes a protection layer, a touch sensor and other components used to sense the touch. A touchscreen is commonly worked upon using fingers, or using a stylus depending on the ease, and the type of the touchscreen. The touch screen display finds widespread application in tablets and smartphones. Apart from these, they are also used in several other industries such as gaming, education, ATMs, kiosks, retail signage, transportation, POP devices, media players, laptops, and personal computers (PCs).
The development of multi-touch screens in retail touch screen displays is one of the major trends, in the global retail touch screen display market. The multi-touch technology in touchscreen solutions are also expected to augment user experience during the forecast period. The multi-touch technology is also an additional advantage to touchscreen resolutions. The touch panel display producers are progressively approving the multi-touch panel technology. For example, in 2010, TPK Holding Co. Ltd. launched a projective capacitive technology, which provides multi-touch functionalities. The increased usage of touchscreen by users is encouraging the display manufacturers, to focus on the development of display multi-touchscreen functionalities.
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The key competitors in the global retail touch screen display market include 3M, Atmel Corporation, Innolux Corporation, Cypress Semiconductor Corporation, Promethean Limited, Nissha Printing Co., Ltd., SHARP CORPORATION, Wintek Corporation and TPK Holding Co., Ltd. Some of the other competitors in the market are Elo Touch Solutions, Key Tech inc., MELFAS Co. Ltd., Planar Systems, Inc., Touch International, and Shenzhen L&M Electronic Technology Co. Ltd.
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