Lucintel Blog: Lucintel Forecasts Touch Sensor Market to Grow at a CAGR of 10%-12%

Thursday, February 17, 2022

Lucintel Forecasts Touch Sensor Market to Grow at a CAGR of 10%-12%

According to the recent study the touch sensor market is projected to grow at a CAGR of 10%-12% from 2020 to 2025. Growth in this market is primarily driven by increasing usage of sensor in various consumer electronic devices, such as tablets and smartphones, rising applications in home appliances, and adoption of touch enabled displays in the automotive industry.

Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in touch sensor market by product type (resistive, capacitive, infrared, surface acoustic wave, and optical and others), application (smartphones, tablets, monitors, laptops, all-in-one PCs, biometric systems, automated teller machines, and others), technology (conventional, flexible, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/touch-sensor-market.aspx

“Capacitive market is expected to remain the largest segment during the forecast period.”

Based on product type, the touch sensor market is segmented into resistive, capacitive, infrared, surface acoustic wave, and optical and others. Lucintel forecasts that the capacitive market is expected to remain the largest segment during the forecast period due to various benefits in consumer electronics, such as better optical qualities, longer product life, and better durability as compared to other touch sensor technologies.

“Asia Pacific will dominate the touch sensor market in near future.”

Asia Pacific is expected to be the highest growth over the forecast period, supported by the presence of a large number of consumer electronics manufacturers and growth of the automotive industry.

Download Brochure of this report by clicking on https://www.lucintel.com/touch-sensor-market.aspx

Major players of touch sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Texas Instruments, Microchip Technology Inc., Qualcomm Technologies., Zytronic PLC, SCHURTER Holding AG, Fujitsu Microelectronics Europe GmbH, Siemens, NXP Semiconductors., DMC CO, Infineon, and Neonode are among the major touch sensor providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/touch-sensor-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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