SYDNEY, Australia -- According to a new report published by ApacMarket.com, the APAC Touch Panel Market (Technology, Application and Country) - Market Size, Asia-Pacific Trends, Company Profiles, Analysis, Opportunities, Segmentation and Forecast, 2013 - 2020, the Asia-Pacific touch panel market is expected to reach $13.48 billion by 2020, registering a CAGR of 12.8% during 2014 - 2020.
With the highest technology adoption rate, China region holds around 57.65% share of the touch panel market by revenue in 2013. The major applications of touch panels include smartphone, tablet Pcs, notebook PCs, all in one PCs, LCD touch monitor. Amongst all the application areas of touch panels, smartphone segment holds more than 70% market share followed by tablet PCs. In the coming years applications such as Smartwatch, smart TV, and industrial display would exhibit incremental growth, with CAGR of 41.9%.
To view the report, visit the website at http://www.apacmarket.com/top-market/touch-panel-china-japan-malaysia-singapore-market
The major technologies used in touch panels include resistive, capacitive (surface, projected), and infrared. Amongst these technologies, capacitive technology should remain the most preferred technology over the analysis period, due to its applications in smartphones, tablet PCs. The emerging structure such as one glass solution (OGS) in projected capacitive is boosting the growth of capacitive technology in touch panel market. The infrared technology is expected to grow at a higher pace due to its applications in large public displays. The market for resistive touch technology would witness declination due to the growing popularity of multi touch capacitive panels.
Key Findings:
Asia-Pacific touch panel market would show significant growth due to increasing demand for smartphones and tablet PCs
Application segment including smartwatch, smart TV, and industrial control panels would grow at fastest rate during 2014-2020 with a CAGR of 41.9%
The declining cost of smartphones and tablets, and rising adoption of simpler UI devices would act as major drivers for the market
New infrared technology is expected to commercialize in consumer electronics sector and to grow five-fold by 2020
The market for touch panels is not limited to one-size-fit all solution. Different applications such as smartphones, tablet PCs, monitors and others have made the market complex in terms of determining the demand for particular size of touch panels. The manufacturing companies in Asia-Pacific are adopting various strategies to sustain high degree of market complexity and to plan their growth in the future. TPK touch Solutions, Wintek Inc, AUO Inc., CPT Inc., HanssTouch Inc., and 3M touch systems are the key companies involved in the manufacturing of touch panels. The companies are primarily focusing on production of touch panels covering all the required sizes for the various applications to gain share in application market.
About Us
With cutting edge innovative solution, ApacMarket.com is a world leader in providing market research strategies in Asia Pacific region. We make a comprehensive coverage of Asia Pacific market so that you understand your customers and markets in-depth. Offering unbiased data and minute details of this region, ApacMarket.com ensures you and your organization best research strategies to implement. Keeping your organization's need in mind, our team of experts provides you with the finest of market and customer information along with socio-economic status of the region.
We operate on multi-knowledge chain to provide you with deep analysis, useful information, actionable insights that will help you and you're organization in strategically planning your business moves. Our highly qualified and well experienced analysts will give you a deep understanding of local, national and global events that will prove immensely beneficial to your business needs.
ApacMarket.com formed with the intention to deliver best research services; provides you with unmatchable actionable business insights and solutions. ApacMarket.com has demonstrated high potential to locate opportunities for business expansion. We have a powerful knack to present the ground realities of your consumers and markets like no one else.
Contact Us
Syed Ali
101 Miller Street, North Sydney
Level 32, North Sydney, NSW 2060
Toll Free: +1-800-765-615 (International)
Landline: +91 (20) 60604041 (India)
Email: sales@apacmarket.com
Web - http://www.apacmarket.com
Contact
Syed Ali
