MarketsandMarkets: Global Touch Controller IC Market Worth $7.7 Billion by 2016
DALLAS, April 23, 2012 /PRNewswire/ –
According to a new market research report “Touch Controller IC Market – Global
Forecast & Analysis (2011 – 2016) By Technology (ASIC, MCU, Custom Controllers, & Analogue
Controllers), By Products Types (Resistive, Capacitive, Optical, Infrared, In-Cell, &
On-Cell), By Applications (Entertainment, Infotainment, Retail, Education, Medical,
Banking, & Industrial), & By Geography (North America, Europe, APAC, & ROW)” published by
MarketsandMarkets (http://www.marketsandmarkets.com), the total touch controller IC
market is expected to reach $7.7 billion by 2016 at a CAGR of 42.8% from 2011 to 2016.
Browse 127 tables and 70 figures/charts combined with an in-depth analysis of various
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players for sustainability. Market activity includes mergers, acquisitions, new product
developments, collaborations, joint ventures and partnerships by the players in the
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The popularity of smartphones, tablet computers and many types of information
appliances is driving the demand and acceptance of common touchscreens, for portable and
functional electronics. With a display of a simple smooth surface, and direct interaction
without any hardware (keyboard or mouse) between the user and content, fewer accessories
are required. Touchscreens are popular in the medical field, and in heavy industry, as
well as kiosks such as museum displays or room automation, where keyboard and mouse
systems do not allow a suitably intuitive, rapid, or accurate interaction by the user with
the display’s content.
Historically, the touchscreen sensor and its accompanying controller-based firmware
have been made available by a wide array of after-market system integrators, and not by
display, chip, or motherboard manufacturers. Display manufacturers and chip manufacturers
worldwide have acknowledged the trend toward acceptance of touchscreens as a highly
desirable user interface component and have begun to integrate touchscreens into the
fundamental design of their products.
The market for the touch controller IC has emerged due to the heavy penetration of
touch screens in electronics devices. More than 80% of the revenue of the touch controller
IC market is contributed by the consumer electronics segment. The reason for the high
share of the consumer electronics segment is due to the rapid adoption of touch screens
for mobile phone and tablets.
The technology segment of the touch controller IC market
[http://www.marketsandmarkets.com/Market-Reports/touch-controller-ic-market-650.html ] is
split in to the four different IC types. Different IC types are used for different
applications. These types are; ASIC, MCU, Custom Controller, and Analogue Controllers. Of
all four IC types, ASIC and MCU are the ones with maximum market share. Analogue
Controller’s share is on decline.
The product market for the touch controller IC is segmented in three different ways;
by functionality, by module type, and by the panel technology type. Panel technology is
the working principle of a touch panel/module. These technologies are resistive,
capacitive, infrared, optical, on-cell, and in-cell. Capacitive technology heavily
dominates the market because of the advantages such as multi-touch, zero pressure touch,
and long life. Because of these advantages, many mobile phones and tablets come with
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