Europe Touch Panel Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Technology; Product Type; Application, and Country

The touch panel market in Europe is expected to grow from US$ 12,499.5Mn in 2019 to US$ 29,167.9Mn by 2027; it is estimated to grow at a CAGR of 12.0% from 2020 to 2027. Europe is a crucial market for the growth of touch panel market over the forecast period. Touch panels enable people to operate computers via direct touch, more specifically, through the use of internal sensors; a user's touch is detected, and then translated, into an instructional command that parlays into visible function. The adoption of touch panel products is used for various applications, such as home appliances, vehicles, smartphones, and others. Range of options such as tablet PCs, smartphones, notebook PCs, and monitors have developed a competitive environment in the market.

The Capacitive segment led the touch panel market based on technology in 2018/2019. Capacitive touch panel technology is usually made up of sensor glass, tempered glass, plastic materials, PC materials, and other components; it will activate with a bare finger or a capacitive stylus. Its major feature is to support corrosion resistance, high light transmittance, and high reliability. Several companies are focusing on technological development of capacitive touch panel to gain attraction in the market.

The overall touch panel market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Europe touch panel market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe touch panel market are 3M, Samsung, Xenarc Technologies Corporation, Renesas Electronics Corporation, and FUJITSU LIMITED are among a few players operating in the Europe touch panel market.

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