The global touch controller IC market is likely to get hold of revenue of around US$ 4,297.3 million by 2033, up from US$ 1,243.3 million in 2023, skyrocketing with a CAGR of 6.2% during the forecast period.
The touch controller IC industry outlook is positively swayed by the technological advancements in devices used by end users in consumer and enterprise markets, being driven by the need for a better user interface and optimization of space.
The market of end-user devices, driven by this need, has moved towards touch screens, and there is hardly a device segment where touch screens have not been implemented, gauging well for the market's future trends.
The proliferation of touch screens in the market and the resulting growth in touch screen technology have to be complemented by touch controller IC, which functions as a control unit for the touch screen.
The demand for touch controller IC surges, as it also functions as a link between the processor of the device and the touch screen, which is responsible for most of the I/O function of a device. In addition to this, the need for touch controller ICs is anticipated to be driven by the release of cutting-edge AR and VR gadgets.
Many AR and VR gadgets rely on touchscreens and touch controller ICs, and the adoption of VR devices, which are made for the gaming industry, has been further accelerated by the always-changing gaming trend.
Consumer electronics manufacturers encourage users to try this technology by introducing flexible screens. The need for flexible displays is projected to have a beneficial effect on the sales of touch controller ICs, since they are installed in high-end devices with advanced features and are compatible with practically all types of electronic equipment.
What are the Various Drivers & Challenges in the Touch Controller IC Sector?
The touch controller IC business growth is boosted by the adoption of IoT devices by users rapidly, who are increasingly relying on touch screens for an enhanced user experience.
Operating systems and software solutions are also getting redesigned for smooth functioning on touch-enabled devices containing touch controller IC. This, in turn, is driving the demand for touch screens and touch controller ICs in the market.
While touch screens do enable functionalities like enhanced User Interface and Device Space Optimization, they are also prone to damage and are costlier than keypad-based systems, thereby dwindling the touch controller IC market size. This is the reason many devices that work in rugged or industrial environments still prefer keypad based systems over touch control.
| Attributes | Details |
|---|---|
| Touch Controller IC Market CAGR (2023 to 2033) | 6.2% |
| Touch Controller IC Market Size (2023) | US$ 1,243.3 million |
| Touch Controller IC Market Size (2033) | US$ 4,297.3 million |
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From 2018 to 2022, a CAGR of 10.2% was registered for the touch controller IC sector. Market valuation expanded from US$ 821.2 million in 2018 to US$ 1,213.3 million in 2022.
As market rivalry intensifies, suppliers are being forced to employ a variety of growth techniques.
This involves developing innovative products that, even before they are introduced, make competitors' products outdated and uncompetitive, in order to draw more attention to their own goods.
As a result, in order to be competitive in the market, the vendors are not only concerned with the technological improvement of their goods, but also with staying ahead of the competition from developing technologies.
One of the key reasons influencing the market growth is the rising demand for smartphones, together with the growing adoption of traditional touchscreen technology. Throughout the forecast period, the market is expected to expand due to the surging consumer electronics sector globally.
| Countries | Market Share (2023) |
|---|---|
| United States | 16.9% |
| Germany | 10.2% |
| Japan | 4.4% |
| Australia | 2.8% |
North America is projected to be at the forefront with a touch controller IC market share of 28.7% in 2022. The market growth is primarily fostered by the fact that North American users have a spending capacity and tend to adopt costlier devices faster than other geographies.
Moreover, the number of devices per user is expected to grow in the geography in the coming years, in turn driving the growth of touch controller IC in North America during the forecast period.
The touch controller IC sector in Europe is likely to hold a share of around 22.1% in 2022, with the leading growth in the area expected to be seen in Germany, France, the United Kingdom, and Italy in particular.
This is mostly on account of increased research and development efforts by businesses and the existence of significant market players committed to the development of capacitive technology and bringing about various developments, in turn expanding their market share.
Principal Consultant
Startups have received significant attention in various parts of the world in recent years, especially in regard to the market.
In the United States, the number of startups has rapidly expanded, and more assistance is now available in all aspects, facilitating the development of overall market growth.
Examples:
Capacitive imaging is used by the SigmaTouch Controller to produce user-friendly machine interfaces. SigmaSense technology provides access to a wide range of information about mobile device interactions, big size interactive displays, and specialized sensing applications.
Megahertz frequencies are used by MEMS-based technologies. It transmits and receives pressure wave signals through 5 mm of aluminum or glass, allowing it to detect tap strength while avoiding the necessity for cut outs or apertures in the enclosure.
The touch controller IC industry is fairly competitive, with key players involved in various strategies, such as mergers & acquisition, partnerships, collaborations, etc., in turn consolidating market position.
A couple of recent developments in the market are as follows:
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The market in 2023 is valued at US$ 1,243.3 million.
The market rose at a 10.2% CAGR from 2018 to 2022.
The market will register a 6.2% CAGR through 2033.
The market will reach US$ 4,297.3 million by 2033.
The market in 2022 was valued at US$ 1,213.3 million.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Billion) & Volume (Tonnes) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Screen Technology 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Analysis By Screen Technology, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Billion) & Volume (Tonnes) Analysis and Forecast By Screen Technology, 2023 to 2033 5.3.1. Solubilizers & Surfactants/Emulsifiers 5.3.2. Solubilizers & Surfactants/Emulsifiers 5.3.3. Solubilizers & Surfactants/Emulsifiers 5.3.4. Solubilizers & Surfactants/Emulsifiers 5.4. Y-o-Y Growth Trend Analysis By Screen Technology, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Screen Technology, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 6.1. Introduction 6.2. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Analysis By Region, 2018 to 2022 6.3. Current Market Size Value (US$ Billion) & Volume (Tonnes) Analysis and Forecast By Region, 2023 to 2033 6.3.1. North America 6.3.2. Latin America 6.3.3. Europe 6.3.4. Asia Pacific 6.3.5. MEA 6.4. Market Attractiveness Analysis By Region 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 7.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 7.2. Market Size Value (US$ Billion) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 7.2.1. By Country 7.2.1.1. USA 7.2.1.2. Canada 7.2.2. By Screen Technology 7.3. Market Attractiveness Analysis 7.3.1. By Country 7.3.2. By Screen Technology 7.4. Key Takeaways 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Billion) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. Brazil 8.2.1.2. Mexico 8.2.1.3. Rest of Latin America 8.2.2. By Screen Technology 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Screen Technology 8.4. Key Takeaways 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Billion) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Germany 9.2.1.2. UK 9.2.1.3. France 9.2.1.4. Spain 9.2.1.5. Italy 9.2.1.6. Russia 9.2.1.7. Rest of Europe 9.2.2. By Screen Technology 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Screen Technology 9.4. Key Takeaways 10. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Billion) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. China 10.2.1.2. Japan 10.2.1.3. India 10.2.1.4. South Korea 10.2.1.5. Australia 10.2.1.6. Rest of APAC 10.2.2. By Screen Technology 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Screen Technology 10.4. Key Takeaways 11. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Billion) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Billion) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. South Africa 11.2.1.2. Saudi Arabia 11.2.1.3. UAE 11.2.1.4. Israel 11.2.1.5. Rest of MEA 11.2.2. By Screen Technology 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Screen Technology 11.4. Key Takeaways 12. Key Countries Market Analysis 12.1. Value (US$ Billion) & Volume (Tonnes)ed States 12.1.1. Pricing Analysis 12.1.2. Market Share Analysis, 2022 12.1.2.1. By Screen Technology 12.2. Canada 12.2.1. Pricing Analysis 12.2.2. Market Share Analysis, 2022 12.2.2.1. By Screen Technology 12.3. Brazil 12.3.1. Pricing Analysis 12.3.2. Market Share Analysis, 2022 12.3.2.1. By Screen Technology 12.4. Mexico 12.4.1. Pricing Analysis 12.4.2. Market Share Analysis, 2022 12.4.2.1. By Screen Technology 12.5. Germany 12.5.1. Pricing Analysis 12.5.2. Market Share Analysis, 2022 12.5.2.1. By Screen Technology 12.6. UK 12.6.1. Pricing Analysis 12.6.2. Market Share Analysis, 2022 12.6.2.1. By Screen Technology 12.7. France 12.7.1. Pricing Analysis 12.7.2. Market Share Analysis, 2022 12.7.2.1. By Screen Technology 12.8. Spain 12.8.1. Pricing Analysis 12.8.2. Market Share Analysis, 2022 12.8.2.1. By Screen Technology 12.9. Italy 12.9.1. Pricing Analysis 12.9.2. Market Share Analysis, 2022 12.9.2.1. By Screen Technology 12.10. Russia 12.10.1. Pricing Analysis 12.10.2. Market Share Analysis, 2022 12.10.2.1. By Screen Technology 12.11. China 12.11.1. Pricing Analysis 12.11.2. Market Share Analysis, 2022 12.11.2.1. By Screen Technology 12.12. Japan 12.12.1. Pricing Analysis 12.12.2. Market Share Analysis, 2022 12.12.2.1. By Screen Technology 12.13. India 12.13.1. Pricing Analysis 12.13.2. Market Share Analysis, 2022 12.13.2.1. By Screen Technology 12.14. South Korea 12.14.1. Pricing Analysis 12.14.2. Market Share Analysis, 2022 12.14.2.1. By Screen Technology 12.15. Australia 12.15.1. Pricing Analysis 12.15.2. Market Share Analysis, 2022 12.15.2.1. By Screen Technology 12.16. South Africa 12.16.1. Pricing Analysis 12.16.2. Market Share Analysis, 2022 12.16.2.1. By Screen Technology 12.17. Saudi Arabia 12.17.1. Pricing Analysis 12.17.2. Market Share Analysis, 2022 12.17.2.1. By Screen Technology 12.18. UAE 12.18.1. Pricing Analysis 12.18.2. Market Share Analysis, 2022 12.18.2.1. By Screen Technology 12.19. Israel 12.19.1. Pricing Analysis 12.19.2. Market Share Analysis, 2022 12.19.2.1. By Screen Technology 13. Market Structure Analysis 13.1. Competition Dashboard 13.2. Competition Benchmarking 13.3. Market Share Analysis of Top Players 13.3.1. By Regional 13.3.2. By Screen Technology 14. Competition Analysis 14.1. Competition Deep Dive 14.1.1. Synaptics Inc. 14.1.1.1. Overview 14.1.1.2. Product Portfolio 14.1.1.3. Profitability by Market Segments 14.1.1.4. Sales Footprint 14.1.1.5. Strategy Overview 14.1.1.5.1. Marketing Strategy 14.1.1.5.2. Product Strategy 14.1.1.5.3. Channel Strategy 14.1.2. Texas Instruments Inc. 14.1.2.1. Overview 14.1.2.2. Product Portfolio 14.1.2.3. Profitability by Market Segments 14.1.2.4. Sales Footprint 14.1.2.5. Strategy Overview 14.1.2.5.1. Marketing Strategy 14.1.2.5.2. Product Strategy 14.1.2.5.3. Channel Strategy 14.1.3. NXP Semiconductors N.V. 14.1.3.1. Overview 14.1.3.2. Product Portfolio 14.1.3.3. Profitability by Market Segments 14.1.3.4. Sales Footprint 14.1.3.5. Strategy Overview 14.1.3.5.1. Marketing Strategy 14.1.3.5.2. Product Strategy 14.1.3.5.3. Channel Strategy 14.1.4. ROHM Semiconductors 14.1.4.1. Overview 14.1.4.2. Product Portfolio 14.1.4.3. Profitability by Market Segments 14.1.4.4. Sales Footprint 14.1.4.5. Strategy Overview 14.1.4.5.1. Marketing Strategy 14.1.4.5.2. Product Strategy 14.1.4.5.3. Channel Strategy 14.1.5. Samsung Electronics Co. Ltd. 14.1.5.1. Overview 14.1.5.2. Product Portfolio 14.1.5.3. Profitability by Market Segments 14.1.5.4. Sales Footprint 14.1.5.5. Strategy Overview 14.1.5.5.1. Marketing Strategy 14.1.5.5.2. Product Strategy 14.1.5.5.3. Channel Strategy 14.1.6. ST Microelectronics 14.1.6.1. Overview 14.1.6.2. Product Portfolio 14.1.6.3. Profitability by Market Segments 14.1.6.4. Sales Footprint 14.1.6.5. Strategy Overview 14.1.6.5.1. Marketing Strategy 14.1.6.5.2. Product Strategy 14.1.6.5.3. Channel Strategy 14.1.7. Integrated Device Technology Inc. 14.1.7.1. Overview 14.1.7.2. Product Portfolio 14.1.7.3. Profitability by Market Segments 14.1.7.4. Sales Footprint 14.1.7.5. Strategy Overview 14.1.7.5.1. Marketing Strategy 14.1.7.5.2. Product Strategy 14.1.7.5.3. Channel Strategy 14.1.8. Analog Devices Inc. 14.1.8.1. Overview 14.1.8.2. Product Portfolio 14.1.8.3. Profitability by Market Segments 14.1.8.4. Sales Footprint 14.1.8.5. Strategy Overview 14.1.8.5.1. Marketing Strategy 14.1.8.5.2. Product Strategy 14.1.8.5.3. Channel Strategy 14.1.9. Melfas Inc. 14.1.9.1. Overview 14.1.9.2. Product Portfolio 14.1.9.3. Profitability by Market Segments 14.1.9.4. Sales Footprint 14.1.9.5. Strategy Overview 14.1.9.5.1. Marketing Strategy 14.1.9.5.2. Product Strategy 14.1.9.5.3. Channel Strategy 14.1.10. Focal tech systems co. Ltd. 14.1.10.1. Overview 14.1.10.2. Product Portfolio 14.1.10.3. Profitability by Market Segments 14.1.10.4. Sales Footprint 14.1.10.5. Strategy Overview 14.1.10.5.1. Marketing Strategy 14.1.10.5.2. Product Strategy 14.1.10.5.3. Channel Strategy 15. Assumptions & Acronyms Used 16. Research Methodology
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Touch Controller IC Market
