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Wednesday, October 18, 2023

The Global Digitizer Market is Expected to Grow with a CAGR of 16% from 2024 to 2030

According to a market report by Lucintel, the future of the global digitizer market looks promising with opportunities in the automotive, aerospace and defense, and industrial machinery markets. The global digitizer market is expected to reach an estimated $4.24 billion by 2030 with a CAGR of 16% from 2024 to 2030. The major drivers for this market are growing market for CAD, increasing demand for digitizers in a variety of applications, such as consumer electronics, automotive, and industrial. and introduction of various innovative products.

In this market, embedded display digitizer and digitizer without display are the major segments of digitizer market by type.

Lucintel forecasts that embedded display digitizer will remain the larger segment over the forecast period due to its higher adaption in smartphones, tablets, laptops, and all-in-one computers.

Within this market, automotive will remain the largest segment due to its increasing usage in several applications, such as navigation systems, infotainment systems, and climate control systems.

North America is expected to witness highest growth over the forecast period due to increasing demand for digitizers in a variety of applications, such as consumer electronics, automotive, and industrial and rising R&D spending in the region.

Tektronix, Keysight, Low Profile Digitizer, Guzik Technical, Teledyne Signal Processing Devices, Greenfield, Dynamicsignals, Spectrum, Nutaq, and Adlink Technology are the major suppliers in the digitizer market.

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 write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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