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Global Touch Screen Display Market to Displays Remarkable Growth with a CAGR of 8.90% during 2016-2024

Press release Description

Albany, New York, April 4, 2017: Nowadays, the leading manufacturers of touch screen displays across the world are increasingly adopting the latest technologies in order to enhance customer experience. Due to this, the global market of touch screen display is exhibiting robust growth in coming years, it is clearly stated in a new study added to the online repository of Market Research Reports Search Engine (MRRSE). The publication is titled “Global Touch Screen Display Market- Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024”. This study presents a fair case of the market dynamics influencing its trajectory. It also includes an assessment of its segments and the factors that are impacting their growth.

According to the research analysts, the market is projected to expand at a CAGR of 8.90% during the period from 2016 to 2024 and is anticipated to attain a value of US$93.8 billion by the end of the forecast period. Constant expansion in touch display material making new innovative and more feature intensive touch screen may provide avenues for market progress. The primary driver for this market growth is the technological advancements, which has led to the replacement of traditional interactive displays with touch screen displays, thus increasing the demand for touch screen displays globally.

Geographically, the report segments the global touchscreen display market into Europe, Asia-Pacific, North America, Middle East & Africa (MEA) and Asia-Pacific which are analyzed in terms of revenue generation. As per the research, North America currently dominates the global market due to the presence of a large number of touch screen display manufacturers.

Touch screens in mobile phones act as an interface between users and devices that allows easy interaction and visual experience. There are basically four types of touchscreen technologies used for mobile devices, like

  • Capacitive touch screen
  • Resistive touch screen
  • Surface acoustic wave touch screen
  • Infrared touch screens

Browse Full Global Touch Screen Display Market Report with TOC :

Furthermore, the report provides complete insights into the different application of touch screen displays, which includes ATMs, parking terminal kiosks, kiosks at trade shows and exhibitions, public transport kiosks, self-service gas station kiosks, retail kiosks, touch screen kiosks in sports arenas, touch screens in medical equipment and devices. Of these, Retail kiosks show the highest demand for touch screen displays over other application segments due to growing number of retail channels across the world.

The key market players profiled in this study include Panasonic Corporation, iNEXIO Co. Ltd., Fujitsu Ltd., UICO, The 3M Company, American Industrial Systems Inc. (AIS), LG Electronics, Displax and Samsung Electronics. Additionally, the report includes Porter’s five forces analysis that highlights the intensity of the competitive rivalry present in the overall market.

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