The touch panel market in Asia-Pacificis expected to grow from US$ 24,676.1Mn in 2019 to US$ 60,791.6Mn by 2027; it is estimated to grow at a CAGR of 12.8% from 2020 to 2027.
China region held the largest share of Asia-Pacific touch panel market owing to the widespread penetration of smartphones and e-learning in various countries of the region.The mounting adoption of e-learning techniques across schools, universities, and corporate organizations for organizing effective class-room and training programs is one of the substantial factors for the growth of the touch panel market. Presently, the Asia-Pacific touch panel market is in the developing phase and is compatible with many devices such as smartphones, notebook PCs, tablet PCs, and monitors.
The increasing development and integration of multi-touch technology with capacitive touch technology instead of resistive touch technology is boosting the touch panel market growth. The multi-touch technology offers a substitute solution for traditional keyboards, keypads, and mouse.
The touch panel plays a vital role in the user experience; the choice of its design can be an influential factor in a product’s ultimate success. The smartphone is one of the fastest-growing products in the consumer electronics industry, and it has an enormous impact on the touchscreen technology industry. Touch panel technology for smartphones is gaining popularity in the market, owing to the attraction surrounding iconic mobile phones.
Asia-Pacific Touch Panel Market Revenue and Forecast to 2027 (US$ Million)
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Asia-Pacific Touch Panel MarketSegmentation
Asia-Pacific Touch Panel Market,by Technology
- Resistive
- Capacitive
- Infrared
Asia-Pacific Touch Panel Market,byProduct Type
- Consumer
- Commercial and Industrial
Asia-Pacific Touch Panel Market,byApplication
- Consumer
- Medical
- Retail
- Industrial
- Others
Asia-Pacific Touch Panel Market,by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific Touch Panel Market-Companies Mentioned
- 3M
- Samsung
- Xenarc Technologies Corporation
- Renesas Electronics Corporation
- FUJITSU LIMITED
- Advantech Co. Ltd.
- Planar
- Hitachi, Ltd
- Innolux Corporation
- LG Display Co., Ltd.
Asia Pacific Touch Panel Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 24,676.1 Million |
Market Size by 2027 | US$ 60,791.6 Million |
Global CAGR (2020 - 2027) | 12.8% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Technology
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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