Market Size of North America Touch Screen Controllers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 13.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Touch Screen Controllers Market Analysis
The North America touch screen controllers market is expected to register a CAGR of 13.4% over the forecast period. For proper working of screens, there is a need for an intermediate medium for which the touch screen controllers are used. Touch screens are being highly used screens across various applications, which is bolstering the market growth.
- The growing demand for touch screens in the electronics products such as tablets, door lock systems, smart home appliances, and automobile infotainment systems is propelling the growth of touch screen controllers in the market.
- In addition, the rapid digitalization in the BFSI industry has resulted in the integration of ATM machines, biometric devices for KYC, POS machines for online payments, and printing machines for passbook printing at banks, which is significantly boosting market growth.
- Touch screen displays are in huge demand across the world. The need for touchscreen has been rising exponentially as the vendors launch their own versions of smart devices. This growth is driving the touch screen controller market, with the increasing application of touch screens across industries. However, the technical complexity and more power consumption are straining the market growth.
- The imposition of lockdown during COVID-19, the employees were preferably working from, has positively impacted the touchscreen controller market as the demand increased for touch-enabled devices like smartphones, tablets, kindles, etc. Moreover, the supply chain disruptions caused due to the pandemic outbreak also impacted production activities across the globe.
North America Touch Screen Controllers Industry Segmentation
A touch screen controller detects positional contact pressure on a visual display surface and interface data between a processing system and touchscreen element associated with the display. It is used in products that include cellphones, touchscreen monitors, portable instruments, and tablets.
North America Touch Screen Controllers Market is segmented by Type (Resistive, Capacitive), By End-user (Industrial, Healthcare, Consumer Electronics, Retail, Automotive, BFSI), and Country
| By Type | |
| Resistive | |
| Capacitive |
| By End-user | |
| Industrial | |
| Healthcare | |
| Consumer Electronics | |
| Retail | |
| Automotive | |
| BFSI | |
| Other End-users |
| By Country | |
| United States | |
| Canada |
North America Touch Screen Controllers Market Size Summary
The North America touch screen controllers market is experiencing significant growth, driven by the increasing demand for touch screens in various electronic products such as tablets, smart home appliances, and automobile infotainment systems. The rapid digitalization in the BFSI sector, with the integration of touch screens in ATM machines, biometric devices, and POS systems, is further propelling market expansion. The COVID-19 pandemic has also positively impacted the market, as the demand for touch-enabled devices surged due to remote work and increased reliance on digital solutions. Despite the technical complexities and power consumption challenges, the market continues to thrive with the rising application of touch screens across industries.
Capacitive touch screen controllers, particularly those using metal-oxide-semiconductor chips, are gaining traction due to their reliability, accuracy, and multi-touch support. The growing integration of these controllers in energy monitoring devices, door access systems, and medical devices is expected to drive future demand. The consumer electronics segment plays a crucial role in market growth, with technological advancements attracting consumers to switch to touch screen-based products. The competitive landscape is marked by innovation, with companies like Microchip Technology Inc. and Texas Instruments Incorporated introducing new products to enhance user experience and maintain a competitive edge.
North America Touch Screen Controllers Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Resistive
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2.1.2 Capacitive
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2.2 By End-user
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2.2.1 Industrial
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2.2.2 Healthcare
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2.2.3 Consumer Electronics
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2.2.4 Retail
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2.2.5 Automotive
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2.2.6 BFSI
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2.2.7 Other End-users
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2.3 By Country
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2.3.1 United States
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2.3.2 Canada
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North America Touch Screen Controllers Market Size FAQs
What is the current North America Touch Screen Controllers Market size?
The North America Touch Screen Controllers Market is projected to register a CAGR of 13.40% during the forecast period (2024-2029)
Who are the key players in North America Touch Screen Controllers Market?
Texas Instruments Incorporated, Infineon Technologies, Analog Devices, Inc., NXP Semiconductors and Microchip Technology Incorporated are the major companies operating in the North America Touch Screen Controllers Market.
