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Touch Screen Display Market Size, Share & Growth Report 2031

Touch Screen Display Market

Name: Growth Market Reports
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Segments - by Products (Monitors, Signage Displays, POS Terminals, Kiosks, Open Frame Touchscreen Displays, and Medical Displays), Types (Capacitive, Resistive, Infrared, Surface Acoustic Wave Type Displays, and Others), Applications (Personal Use and Professional Use), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Report ID: ICT-SE-256
Author: Growth Market Reports

Rating: 4.1
Total Reviews: 78

No. Of Pages: 124
Format:

Pub. Date: Upcoming
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Report Description

The touch screen display market size was valued at nearly USD 30.8 Bn in 2022 and is anticipated to reach USD 65.8 Bn by 2031, expanding at a CAGR of 8.8% during the forecast period, 2023 – 2031. The growth of the market is attributed to the ease in accessibility of devices through interactive responses, appealing ergonomics, and increased spending abilities of consumers on luxury goods.

Touch screen displays allow users to interact and use screen functions with the aid of touch. The physical touch of the finger or a stylus is mostly preferred to operate touch screen displays. The use of a navigation medium like a mouse, keyboard, or trailing interface device is eliminated through the use of touch screen displays.

Touch screen displays find applications in banking services such as cash withdrawal and deposit machines. Ticketing counters, self-service interactive kiosks, and secured access swiping mechanisms have touch screen panels. They facilitate the monitoring and availing of services without dedicated deployment of personnel as security guards or service providers.

The market report finds that the COVID-19 pandemic positively affected the touch screen display market growth with the increased use of online learning mediums in educational institutions worldwide. Corporates switched to work-from-home modes of work operations which led to an increased demand for touch screen smartphones, tablets, and convertible laptops that boosted the market growth during the pandemic. As per a survey by Pew Research before the pandemic of COVID-19, 77% of Americans owned a smartphone and 51% were regular users of a tablet or touch screen personal computer.

Touch Screen Display Market Dynamics

Drivers

The increasing innovations in smartphone technology coupled with developments in hardware technology are boosting market growth. With improved hardware functioning the need for improved touch screen displays is propelling market growth thereby improving the end-user experience.

Restraints

Increasing advancements in voice-based interactive systems for end-user applications may hamper market growth in the coming years. Superior security offerings through voice inputs than touch displays pose a challenge for market growth of touch screen displays.

Opportunities

Inventions of ultra-slim thin glass panels present growth opportunities for market expansion. Growing consumer interest in buying interactive touch devices is a major market expansion opportunity for the touch screen display market.

Scope of Touch Screen Display Market Report

The report on the global touch screen display market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Touch Screen Display Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2020 – 2021
Forecast Period	2023–2031
Segmentation	Product (Monitors, Signage Displays, POS Terminals, Kiosks, Open Frame Touchscreen Displays, and Medical Displays), Type (Capacitive, Resistive, Infrared, Surface Acoustic Wave Type Displays, and Others), and Application (Personal Use and Professional Use)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Displax; Samsung; AD metro; Atmel Corporation; Microsoft Corporation; Fujitsu Ltd.; 3M; BOE Technology; Sharp; NEC Corporation; Qisda Corp.; AU Optronics; Panasonic; and LG Electronics.

Touch Screen Display Market Segment Insights

Based on the product segment, the touchscreen display market is divided into monitors, signage displays, pos terminals, open frame touchscreen displays, and medical displays.

The monitors segment is expected to expand at a significant growth rate during the projection period, owing to the increasing demand for incorporating touch screens in the latest IT gadgets. Rising demand for tablets, laptops, and smart TV is expected to enhance the monitors segment growth in the forecast period.

The kiosks segment is anticipated to hold a key share of the market, owing to the enhanced user experience they provide in the form of self-service options. Engaging shopping experiences and ease of using banking and financial services are expected to propel the segment growth in the forecast period.

On the basis of the type segment, the market is subdivided into capacitive, resistive, infrared, surface acoustic wave type displays and others.

The capacitive touch screen segment is anticipated to record a substantial growth rate with the growing use of electronic gadgets. Dirt and fingerprints have less impact on the performance of capacitive touch screens which is expected to drive the segment growth in the forecast period.

The infrared touch segment is anticipated to hold a key share of the market due to its extensive use in industrial control for process automation, ATMs, plant control systems, and ticketing systems. Applications that require round-the-clock robust use of touch screens effectively make use of infrared technology. Infrared touch screens make use of beam break technology for determining the precise touch location. Effective use of infrared touch screens in large-sized applications is expected to bolster segment growth in the coming years.

On the basis of the application segment, the touch screen display market is divided into personal use and professional use.

The personal use segment is projected to dominate the expansion of the touch screen display market, owing to the rapid development of technology for laptops, smartphones, and tablet manufacturing. Growing demand for hand-held mobile devices is providing expansion opportunities for the personal use segment in the coming years.

The professional use segment is anticipated to gain significant revenue shares of the touch screen display market, owing to the growing use of touch screen displays in ATMs, digital signage, payment systems, kiosks, POS machines, and commercial billboards which are likely to boost the segment growth in the upcoming years.

In terms of region, the global touch screen display market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

North America is expected to dominate the touch screen display market during the projection period owing to the growth in demand for improved display interfaces and interactive screens in the region. The rising use of technology-intensive products and services such as live streaming of sports, events, daily shows, and news has boosted the market growth for the touch screen display market.

Asia-Pacific is expected to witness significant growth during the forecast period due to the high adoption rate of mobile devices such as tablets and smartphones in the region. Advancements in technology such as the rolling out of 4G and 5G data services are expected to enhance the market in the Asia Pacific.

Segments

The global touch screen display market has been segmented on the basis of

Product

Monitors
Signage Displays
POS Terminals
Kiosks
Open Frame Touchscreen Displays
Medical Displays

Types

Capacitive
Resistive
Infrared
Surface Acoustic Wave Type Displays
Others

Applications

Personal Use
Professional Use

Region

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Displax
Samsung
AD metro
Atmel Corporation
Microsoft Corporation
Fujitsu Ltd.
3M
BOE Technology
Sharp
NEC Corporation
Qisda Corp.
AU Optronics
Panasonic
LG Electronics

Competitive Landscape

Key players competing in the touch screen display market are Displax; Samsung; AD metro; Atmel Corporation; Microsoft Corporation; Fujitsu Ltd.; 3M; BOE Technology; Sharp; NEC Corporation; Qisda Corp.; AU Optronics; Panasonic; and LG Electronics.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.

On September 08, 2022, Trident Motion Technologies acquired TRU-Vu Monitors, Inc. thereby strengthening its market hold in multi-grade and industrial-grade touch screens and LCD monitors.

Global Touch Screen Display Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Touch Screen Display Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Touch Screen Display Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Touch Screen Display Market - Supply Chain
  4.5. Global Touch Screen Display Market Forecast
     4.5.1. Touch Screen Display Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Touch Screen Display Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Touch Screen Display Market Absolute $ Opportunity
5. Global Touch Screen Display Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Touch Screen Display Market Size and Volume Forecast by Types
     5.3.1. Capacitive
     5.3.2. Resistive
     5.3.3. Infrared
     5.3.4. Surface Acoustic Wave Type Displays
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Touch Screen Display Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Touch Screen Display Market Size and Volume Forecast by Applications
     6.3.1. Personal use
     6.3.2. Professional use
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Touch Screen Display Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Touch Screen Display Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Touch Screen Display Demand Share Forecast, 2019-2026
8. North America Touch Screen Display Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Touch Screen Display Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Touch Screen Display Market Size and Volume Forecast by Types
     8.4.1. Capacitive
     8.4.2. Resistive
     8.4.3. Infrared
     8.4.4. Surface Acoustic Wave Type Displays
     8.4.5. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Touch Screen Display Market Size and Volume Forecast by Applications
     8.7.1. Personal use
     8.7.2. Professional use
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Touch Screen Display Demand Share Forecast, 2019-2026
9. Latin America Touch Screen Display Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Touch Screen Display Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Touch Screen Display Market Size and Volume Forecast by Types
     9.4.1. Capacitive
     9.4.2. Resistive
     9.4.3. Infrared
     9.4.4. Surface Acoustic Wave Type Displays
     9.4.5. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Touch Screen Display Market Size and Volume Forecast by Applications
     9.7.1. Personal use
     9.7.2. Professional use
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Touch Screen Display Demand Share Forecast, 2019-2026
10. Europe Touch Screen Display Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Touch Screen Display Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Touch Screen Display Market Size and Volume Forecast by Types
     10.4.1. Capacitive
     10.4.2. Resistive
     10.4.3. Infrared
     10.4.4. Surface Acoustic Wave Type Displays
     10.4.5. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Touch Screen Display Market Size and Volume Forecast by Applications
     10.7.1. Personal use
     10.7.2. Professional use
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Touch Screen Display Demand Share Forecast, 2019-2026
11. Asia Pacific Touch Screen Display Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Touch Screen Display Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Touch Screen Display Market Size and Volume Forecast by Types
     11.4.1. Capacitive
     11.4.2. Resistive
     11.4.3. Infrared
     11.4.4. Surface Acoustic Wave Type Displays
     11.4.5. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Touch Screen Display Market Size and Volume Forecast by Applications
     11.7.1. Personal use
     11.7.2. Professional use
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Touch Screen Display Demand Share Forecast, 2019-2026
12. Middle East & Africa Touch Screen Display Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Touch Screen Display Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Touch Screen Display Market Size and Volume Forecast by Types
     12.4.1. Capacitive
     12.4.2. Resistive
     12.4.3. Infrared
     12.4.4. Surface Acoustic Wave Type Displays
     12.4.5. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Touch Screen Display Market Size and Volume Forecast by Applications
     12.7.1. Personal use
     12.7.2. Professional use
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Touch Screen Display Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Touch Screen Display Market: Market Share Analysis
  13.2. Touch Screen Display Distributors and Customers
  13.3. Touch Screen Display Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Samsung
     13.4.2. AD metro
     13.4.3. Atmel Corporation
     13.4.4. Microsoft Corporation
     13.4.5. Fujitsu Ltd.
     13.4.6. 3M
     13.4.7. BOE Technology
     13.4.8. Sharp
     13.4.9. NEC Corporation
     13.4.10. Qisda Corp.
     13.4.11. AU Optronics
     13.4.12. Panasonic
     13.4.13. LG Electronics

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