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2021
Capacitive Touch Screen Market

Capacitive Touch Screen Market by Outlook (Position Sensor, Touch Sensor, Motion Sensor and Others), Application (Consumer Electronics, Food & Beverages, Oil & Gas, Healthcare, Automotive, Aerospace & Defense, Manufacturing and Others) Global Opportunity Analysis and Industry Forecast, 2021–2030

A13170
Pages: NA
Nov 2021 | 86 Views
   
Author(s) : Vineet Kumar
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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A capacitive touch screen is a control display that uses the conductive touch of a human finger or a specialized device for input. Unlike resistive and surface wave panels, which can sense input from either fingers or simple styluses, capacitive touch screen panels must be touched with a finger or a special capacitive pen or glove. The panel is coated with a material that can store electrical charges and the location of touch to the screen is signaled by the change in capacitance in that location. Many modern smartphones, tablets, and other mobile devices, including Android phones and Microsoft Surface, as well as Apple's iPhone, iPad, and iPod Touch, rely on capacitive touch. The growing demand for capacitive sensors over resistive or inductive sensors is due to its greater durability, sensitivity, and measurement accuracy. All these factors are assisting the capacitive touch screen market growth globally.

The global capacitive touch screen market share is segmented on the basis of outlook, application, and region. Based on product outlook, the market is divided into position sensor, touch sensor, motion sensor and others. In terms of application, the market is categorized into consumer electronics, food & beverages, oil & gas, healthcare, automotive, aerospace & defense, manufacturing and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global capacitive touch screen industry include Analog Devices, Inc., Texas Instruments Incorporated, Cypress Semiconductor Corporation, Micro-Epsilon, NXP Semiconductors N.V., Renesas Electronics Corporation, Infineon Technologies AG, OMRON Corporation, Schneider Electric, Microchip Technology, Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global capacitive touch screen market.

COVID-19 impact analysis

The decline in the manufacturing of new auto products, cars, and electronic gadgets has had a significant impact on capacitive touch screen market growth. The electronics and semiconductor manufacturing industries have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand. It has three major effects on the capacitive market: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. In response to the pandemic, smartphone manufacturers have reduced output. Revenue declines and shutdowns due to health concerns have significantly hampered smartphone production. Therefore, this hampered the growth of the capacitive touch screen market size.

Top impacting factors

According to touch screen market trends, government funding for research and development in nanotechnology-based applications such as space exploration, health, food packaging, and water purification has fueled industry expansion. For example, the National Science Foundation (NSF) has been awarding grants to firms such as Texas Instruments Incorporated and Synaptics Inc. since September 2016, for the development of capacitive sensors for the healthcare and food & beverage industries. Furthermore, as capacitive sensors have shrunk in size, they can now be used in unmanned aerial vehicles for motion stabilization and mobile robots. The increasing emphasis on the development of signal conditioner for capacitive sensors by electronic component makers such as SK Hynix, Inc. and Integrated Device Technology (IDT), Inc. has favorably impacted market growth. For example, IDT, Inc. released the ZSSC3230, an energy-efficient 18-bit signal conditioner for capacitive sensors, in November 2019. Attributed to its low power consumption, it is appropriate for use in battery-powered devices such as UAVs and wearable devices. The continuing R&D activities focusing on the adoption of capacitive sensors in the healthcare sector have further supported market expansion. Japan's research institutes are now collaborating on the integration of capacitive touch sensors with 1-micron nylon fibers for patient monitoring. However, challenges connected to indium tin oxide supply shortages are impeding market expansion. Furthermore, touch sensors perform poorly when the person operating the device is wearing gloves, making them unsuitable for applications in industries, such as oil and gas, food & beverages, and construction, are restraining factors for the capacitive touch screen market opportunity.

Market Trends

New product launches to flourish the market

In July 2021, Nintendo, a Japanese multinational consumer electronics and video game company, introduced a new OLED model for its popular handheld Switch series of game consoles, with an October 8 2021 release date. The new Nintendo Switch has a larger multi-touch capacitive touch screen 7-inch OLED display than the first Switch, which had a 6.2-inch LCD display. The console also includes a new larger kickstand, improved audio through its new in-built speakers, a wired LAN port in the docking station, and 64 GB of internal storage, which is double what the regular model offers. Users can easily expand storage capacity by utilizing microSDHC or microSD cards with capacities of up to 2TB.

Surge in usage in defense sector and machinery

The increasing demand for applications such as power door operating systems and thrust reversers from the aerospace and defense sectors has greatly bolstered capacitive touch screen industry growth. For instance, in September 2018, MTS Systems Corporation obtained a USD 187 million purchase order from the US Department of Defense. The purchase order called for the provision of capacitive motion sensors as well as proximity sensors. Furthermore, the advancement of Projected Capacitive Touch (PCT) technology, which allows capacitive touch sensors to operate even when covered by screen protectors, is considerably propelling capacitive touch screen market forecast. Furthermore, PCT technology improves touchscreen accuracy by generating a triangulated grid around the point of touch. The rising adoption of position sensors in machine tools such as assembly and welding robots, laser cutting machines, bending presses, and sheet metal processing equipment is driving the expansion of the position sensor sector. These sensors are increasingly being utilized to measure mistakes in machine tools such as surface grinders, lathes, and milling machines, which is helping to drive capacitive touch screen market opportunity. Furthermore, capacitive position sensors are finding use in areas such as precision positioning and precision thickness measuring. Precision positioning is utilized in the semiconductor industry to position wafers for exposure, and capacitive sensors can measure the location of wafers as small as nanometers.

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

 2020–2030

 Base Year Considered

 2020

 Forecast Period

 2021–2030

 Forecast Unit

 Value ($)

 Segments Covered

 Outlook, Application, and Region

 Regions Covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)

 Companies Covered

Analog Devices, Inc., Texas Instruments Incorporated, Cypress Semiconductor Corporation, Micro-Epsilon, NXP Semiconductors N.V., Renesas Electronics Corporation, Infineon Technologies AG, OMRON Corporation, Schneider Electric, Microchip Technology, Inc.

 

Key Benefits of the Report

  • This study presents the analytical depiction of the capacitive touch screen market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the capacitive touch screen market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight capacitive touch screen market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed capacitive touch screen market analysis based on competitive intensity and how the competition will take shape in the coming years.

Key segments covered

Segment

Sub-segment

 Outlook

  • Position Sensor
  • Touch Sensor
  • Motion Sensor
  • Others

 Application

  • Consumer Electronics
  • Food & Beverages
  • Oil & Gas
  • Healthcare
  • Automotive
  • Aerospace & Defense
  • Manufacturing
  • Others


Questions answered in the research report

  • Which are the leading players active in the capacitive touch screen market?
  • What are the detailed impacts of COVID-19 on the market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
 
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