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Posted on : Thursday, 24 October, 2019  11:03
Location : Karmiel, Northern
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URL : https://www.maximizemarketresearch.com/market-report/global-touch-sensor-market/3002/

Global Touch Sensor Market is expected to grow from USD XX Billion in 2016 to USD XX Billion by 2024, at a CAGR of 9.8% between 2017 and 2024. (Detailed analysis of the market CAGR is provided in the report)
Global Touch sensors market is segmented on the basis of Technology, Application, and Geography. Rising demand for touch-sensors devices, increased integration in touch-enabled devices that are used in the retail and corporate sector, increasing usage of touch-enabled displays, and digital technology, growing demand for smartphones and tablets among others are the major factors driving the growth of overall touch sensor market.
Global Touch Sensors Market
However, a high cost of a product, high sensitivity and accidental touch, and high power consumption are the key restraining factors for the market growth.

Further key findings from the report:

• Global Touch sensors market for smartphones segment is anticipated to witness the highest CAGR during the forecast period owing to the increasing popularity of phablets and launch of upgraded smartphones. Currently, smartphones segment accounts for the share of over 58% of the overall Touch sensors market
• From the technology segment, capacitive technology segment holds the largest share of over 57% of the touch sensors market. Features offered by capacitive touch technology such as its ability to support multi-touch gestures, highly responsive nature, and they do not require pressure to register a touch makes them useful in a variety of applications
• Among geographical regions, APAC accounted for the largest share of the touch sensor market and is anticipated to dominate the touch sensor market by 2024. Countries in APAC such as China and India contribute a major share of touch sensor market owing to extensive availability of low-cost smartphones and tablets and the emerging trend of using digital technology
• The major and leading vendors in the touch sensors market are 3M, Freescale Semiconductor, Honeywell, Infineon, ON Semiconductor, Texas Instruments

Key Highlights:

• Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Global Touch Sensor Market
• The objective of the report is to provide a detailed analysis of the Touch Sensor Market on the basis of technology, application, and geography
• Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Analysis of the Global Touch Sensor Market with respect to individual growth trends, prospects, and contribution to the total market
• Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business
• Provides detailed information regarding the major factors influencing the growth of the Global Touch Sensor Market (drivers, restraints, opportunities, and challenges)
• This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business

Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered

Research Methodology:

Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Global Touch Sensor Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Global Touch Sensor Market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Touch Sensor Market globally.

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