Touch Sensors Market Research Report-Global Forecast till 2027

Touch Sensors Market Research Report by Type (Resistive, Capacitive, Surface Acoustic Wave (SAW), Infrared, Optical Imaging, Acoustic Pulse Recognition), Application (Consumer electronics, home appliances medical devices), and Region- Forecast till 2027

ID: MRFR/SEM/0395-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3. Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4. Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of suppliers

4.2 Value Chain/Supply Chain of Global Touch Sensor Market

5. Industry Overview of Global Touch Sensor Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6. Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Touch Sensor Market by Type

7.1 Introduction

7.2 Resistive sensor

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Capacitive sensor

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Surface Acoustic Wave (SAW) Sensor

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Infrared Sensor

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Optical Imaging Sensor

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

7.7 Acoustic Pulse Recognition Sensor

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Touch Sensor Market by Application

8.1 Introduction

8.2 Consumer electronics

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Home appliances

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Medical devices

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Gaming controller

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Portable media devices

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Touch Sensor Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Type, 2020-2027

9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Type, 2020-2027

9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5 France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6 UK

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Rest of Asia-Pacific

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4 The Middle East & Africa

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Type, 2020-2027

9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Latin America

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 3M

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Honeywell

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Siemens

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Infineon

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 On Semiconductor

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Texas instruments

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Fujitsu

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Atmel

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Banpil photonics

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 NXP Semiconductor

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Qualcomm Inc

11.11.1 Company Overview

11.11.2 Product/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 STMicroelectronics

11.12.1 Company Overview

11.12.2 Product/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 Microchip technology

11.13.1 Company Overview

11.13.2 Product/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Zytronic PLC

11.14.1 Company Overview

11.14.2 Product/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 Cypress Semiconductor Corporation

11.15.1 Company Overview

11.15.2 Product/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments

11.16 Azoteq

11.16.1 Company Overview

11.16.2 Product/Business Segment Overview

11.16.3 Financial Updates

11.16.4 Key Developments

11.17 SHURTER

11.17.1 Company Overview

11.17.2 Product/Business Segment Overview

11.17.3 Financial Updates

11.17.4 Key Developments

11.18 TouchSensors

11.18.1 Company Overview

11.18.2 Product/Business Segment Overview

11.18.3 Financial Updates

11.18.4 Key Developments

12. Conclusion

List of Tables

Table 1 Global Touch Sensor Market, by Region, 2020β€”2027

Table 2 North America: Touch Sensor Market, by Country, 2020β€”2027

Table 3 Europe: Touch Sensor market, by Country, 2020β€”2027

Table 4 Asia-Pacific: Touch Sensor market, by Country, 2020β€”2027

Table 5 Middle East & Africa: Touch Sensor market, by Country, 2020–2027

Table 6 Latin America: Touch Sensor market, by Country, 2020β€”2027

Table 7 Global Touch Sensor Type Market, by Region, 2020–2027

Table 8 North America: Touch Sensor Type Market, by Country, 2020–2027

Table 9 Europe: Touch Sensor Type Market, by Country, 2020–2027

Table 10 Asia-Pacific: Touch Sensor Type Market, by Country, 2020β€”2027

Table 11 Middle East & Africa: Touch Sensor Type Market, by Country, 2020β€”2027

Table 12 Latin America: Touch Sensor Type Market, by Country, 2020β€”2027

Table 13 Global Touch Sensor Application Market, by Region, 2020β€”2027

Table 14 North America: Touch Sensor Application Market, by Country, 2020–2027

Table 15 Europe: Touch Sensor Application Market, by Country, 2020–2027

Table 16 Asia-Pacific: Touch Sensor Application Market, by Country, 2020β€”2027

Table 17 Middle East & Africa: Touch Sensor Application Market, by Country, 2020β€”2027

Table 18 Latin America: Market, by Country, 2020β€”2027

Table 19 Latin America: Touch Sensor Market, by Type, 2020β€”2027

Table 20 Latin America: Touch Sensor Market, by Application, 2020β€”2027

Table 21 North America: Touch Sensor Market, by Country

Table 22 North America: Touch Sensor Market, by Type

Table 23 North America: Touch Sensor Market, by Application

Table 24 Europe: Touch Sensor Market, by Country

Table 25 Europe: Touch Sensor Market, by Type

Table 26 Europe: Touch Sensor Market, by Application

LIST OF FIGURES

FIGURE 1 Global Touch Sensor Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Touch Sensor Market

FIGURE 4 Value Chain of Global Touch Sensor Market

FIGURE 5 Share of Global Touch Sensor Market in 2020, by country (in %)

FIGURE 6 Global Touch Sensor Market, 2020-2027,

FIGURE 7 Global Touch Sensor Market size by Type, 2020

FIGURE 8 Share of Touch Sensor Market by Type, 2020 TO 2027

FIGURE 9 Global Touch Sensor Market size by application, 2020

FIGURE 10 Share of Touch Sensor Market by application, 2020 TO 2027

Touch Sensors Market

The Touch Sensor Market is expected to grow at USD 8.4 Billion by 2027, at 12.8% of CAGR between 2020 and 2027

Segmentation

By Type Resistive Capacitive Surface Acoustic Wave (Saw) Infrared Optical Imaging Acoustic Pulse Recognition
By Application Consumer Electronics Home Appliances Medical Devices

Key Players

  • TouchSensors
  • SHURTER
  • Azoteq
  • Cypress Semiconductor Corporation
  • Zytronic PLC
  • Microchip technology
  • STMicroelectronics
  • Qualcomm
  • NXP Semiconductor
  • Banpil Photonics
  • Atmel
  • Fujitsu
  • Texas Instruments
  • On Semiconductor
  • Infineon
  • Siemens
  • Honeywell
  • 3M

Drivers

  • The increasing adoption of touch-enabled displays.
  • Growing demand for consumer electronics devices.
  • Government initiatives for the adoption of digital technologies.
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Touch Sensor Market Overview


The Touch Sensor Market was valued at USD 4.5 billion in 2020, and it is expected to grow at a higher CAGR of 12.8% in the global market during the forecasted period to account for a higher market share value of approximately USD 8.4 billion by the end of the review period.


Owing to the increasing penetration of various electronic devices such as remote controls, tablets, control panels of various appliances in the automotive and industrial industry increase the demand for Touch Sensor Market. Moreover, this can be further categorized as acoustic pulse recognition touch sensors, optical imaging, infrared, surface acoustic wave, capacitive, and resistive. These touch sensors help in recording and detecting physical contact made between a user and an electronic device. It usually works after applying a little bit of pressure on the screen.


COVID 19 Analysis


The global pandemic of COVID 19 has affected a major chunk of the population. Many people have lost their livelihood because of this global pandemic. It has affected the dynamics and growth of several industries. Owing to the shortage of vaccines, everyone is concerned about their immunity and follows social distancing. During the lockdown situation, operational activities of various end-user industries were halted which resulted in a demand shrink for the touch sensor market which further leads to decreased sales revenue. The supply chain networks were also disrupted which lead to a decline in profit margin.


However, the touch sensor market is expected to recover from this global pandemic by the end of the third quarter of the coming year by properly strategizing according to the needs of the market.


Market Dynamics


Drivers


Numerous factors drive the market growth rate. The capacitive touch sensors (one of the most used sensor) provides various benefits like better durability, longer product life, better optical qualities when compared with other sensor technologies drives the Touch Sensor Market demand in the global market. Moreover, increasing integration of smartphones and capacitive touch sensors drives the market demand during the review period. These are also used for detecting the change in capacitance by checking the presence of conductive objects on the sensor pad. Growing demand for consumer electronics devices is also a contributing growth factor.


Opportunities


The rise in demand for the touch sensor market in the global market. The increasing need to measure the flow, pressure, and level in various manufacturing industries especially in pharmaceutical industries and oil and gas industries provides various growth opportunities in the global market during the review period. Moreover, the use of sensors in control panels consumes less power, provides a user-friendly interface, and controls low and high voltage devices in various electrical appliances boost growth opportunities all across the globe. Increasing government initiatives for adopting advanced technologies also provide growth opportunities during the review period.


Restraints


Though the touch sensor market is increasing tremendously in the global market, some factors restrict Touch Sensor Market growth. High costs associated with the touch display are not afforded by consumers living in underdeveloped countries which hampers the Touch Sensor Market demand in the global market. Moreover, high sensitivity is another factor that restricts Touch Sensor Market growth. Also, accidental touch may lead to leakage of confidential data is another restraining factor.


Value Chain Analysis


The touch sensors market is increasing at an incredible rate in the global market owing to various benefits associated with it. These sensor panels can be sealed which protects the electronic devices from dust and liquid spills. Additionally, it helps in enhancing the physical appearance of electronic or smart appliances. They are very convenient to use as it does not require any mechanical control or switch. Moreover, these are also known by the name tactile sensors and are used in public information displays, cellular headsets, home appliances, home entertainment devices, gaming controllers, and portable media devices.


Market Segmentation


The touch sensor market has been segregated all across the globe based on the type, application, and region.


Based on the Type



  • The Touch Sensors Market has been divided all across the globe based on the type into acoustic pulse recognition, optical imaging, infrared sensors, acoustic wave sensor (SAW), capacitive sensor, resistive sector. The capacitive touch sensors are largely used in light touch and good optics. Moreover, the supercapacitor touch sensor technology is used in various industries like ATMs, ticketing machines, industrial automation, and control panels.


Based on the Application



  • The Touch Sensors Market has been divided all across the globe based on the application into portable media devices, home appliances, gaming controllers, medical devices, and others.


Based on the Region



  • The Touch Sensors Market has been divided all across the globe based on the region into the North American region, European region, Asia-Pacific region, Latin American region, and the Middle East and African region.


Regional Analysis


The touch sensor market has been divided all across the globe based on the region into North American region, European region, Asia-Pacific region, Latin American region, and the Middle East and African region. The largest market share in the touch sensor market all across the globe is held by the North American region owing to the presence of several major key players like Microchip Technology, Atmel, Qualcomm Inc., Texas Instruments, ON Semiconductor, Honeywell, 3M, and others as well.


The second-largest market share in the touch sensor market all across the globe is held by the Asia-Pacific region owing to the increasing penetration of tablets and smartphones coupled with early technology adopters drives the market demand in this region. Also, an increase in per capita income is another contributing factor.


The third-largest market share in the touch sensor market all across the globe is held by the European region as it witnesses rapid growth during the review period. Moreover, increasing demand for smart grids and well-established technology infrastructure drives the market demand.


The least market share is held by the Latin American region and the Middle East and African region owing to the presence of low infrastructure in both these regions. Low per capita disposable income is another factor that restricts the market growth in these regions.


Competitive Landscape


The most prominent major key players in the touch sensor market all across the globe are mentioned below:



  • TouchSensors

  • SHURTER

  • Azoteq

  • Cypress Semiconductor Corporation

  • Zytronic PLC

  • Microchip technology

  • STMicroelectronics

  • Qualcomm

  • NXP Semiconductor

  • Banpil Photonics

  • Atmel

  • Fujitsu

  • Texas Instruments

  • On Semiconductor

  • Infineon

  • Siemens

  • Honeywell

  • 3M


These major key players use various strategies to sustain their market position in the touch sensors market in the global market by going for mergers, and acquisitions, by collaborating, establishing a partnership, developing a new production process, setting up a new joint venture, developing a new product line, innovation in the existing product, and many others to expand their customer base in the untapped market of the touch sensors all across the globe.


Recent Developments



  • In April 2018, a joint venture was formed between a Japanese company and Integrated Micro-Electronics Inc. for manufacturing copper-based touch sensors.

  • In April 2020, Infineon Technologies AG has been acquired for a sum of USD 10.8 million by Cypress Semiconductor Corporation. This acquisition will help the company in broadening its portfolio for becoming a leader in the upcoming IoT and industrial market.

  • In April 2020, a new range of capacitive touch screen series, DFS has been launched by DMC CO., LTD. These are manufactured for ILITEK and EETI controllers. These glasses are thinner, resilient to UV rays, and lighter.

  • NXP Semiconductor is spending a huge sum of money on research and development to get an upper edge over its competitors.


Report Overview


This global touch sensor market research report consists of the following elements mentioned below:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This market research report contains factors that drive the growth of the touch sensors market in the global market along with the factors that restrict its growth in the global market. The opportunities available for growth during the forecasted period are mentioned. The impact of COVID 19 on the touch sensors market all across the globe is mentioned. The future growth rate in the touch sensors market during the forecasted period is estimated and mentioned.


Intended Audience


Government bodies, universities and research organizations, technology standards associations, alliances, forums, and organizations, original equipment manufacturers (OEMs), technology providers, sensor manufacturers, consumer electronics manufacturers, electronics and semiconductor companies, chip designers, component manufacturers, and others.



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 8.4 billion
  CAGR   12.8%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   3M, Honeywell, Siemens, Infineon, On Semiconductor, Texas Instruments, Fujitsu, Atmel, Banpil Photonics, NXP Semiconductor, Qualcommm Inc., STMicroelectronics, Microchip technology, Zytronic PLC, Cypress Semiconductor Corporation, Azoteq, SHURTER, TouchSensors
  Key Market Opportunities   Increased demand in industrial applications.
  Key Market Drivers

  • The increasing adoption of touch-enabled displays.
  • Growing demand for consumer electronics devices.
  • Government initiatives for the adoption of digital technologies.


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    Frequently Asked Questions (FAQ) :

    The global touch sensors market is expected to record a substantial market valuation of up to USD 8.4 billion by 2023.

    The global touch sensors market is projected to register a moderate 12.8% CAGR in the forecast period.

    The optical imaging segment is slated to expand as the fastest-growing segment.

    The consumer electronics deployment segment is expected to witness substantial growth.

    A few major market players operating in the global touch sensors market are Zytronic PLC, Azoteq, SHURTER, Cypress Semiconductor Corporation, TouchSensors, among others.