Touch Controller IC: Global Strategic Business Report

Global Touch Controller IC Market to Reach $25.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Touch Controller IC estimated at US$9.8 Billion in the year 2020, is projected to reach a revised size of US$25.2 Billion by 2027, growing at a CAGR of 14.5% over the analysis period 2020-2027. Smartphones, one of the segments analyzed in the report, is projected to record a 15.2% CAGR and reach US$10.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tablets segment is readjusted to a revised 12.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 13.9% CAGR

The Touch Controller IC market in the U.S. is estimated at US$2.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2027 trailing a CAGR of 13.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.9% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.

ATMS Segment to Record 13.5% CAGR

In the global ATMS segment, USA, Canada, Japan, China and Europe will drive the 13.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$2.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3 Billion by the year 2027.

Select Competitors (Total 37 Featured) -

• 3M Company
• Atmel Corporation
• Cirque Corporation
• DMC Co., Ltd.
• Dongbu Hitek Co. Ltd.
• ELAN Microelectronics Corporation
• FocalTech Systems Co., Ltd.
• LG Electronics, Inc.
• Mediatek, Inc.
• Microchip Technology, Inc.
• Pixcir Microelectronics Co., Ltd.
• ROHM Co., Ltd.
• Samsung Electronics Co., Ltd.
• Sitronix Technology Corporation
• STMicroelectronics NV
• Synaptics, Inc.
• Texas Instruments, Inc.

What`s New for 2022?

• Global competitiveness and key competitor percentage market shares
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• Complimentary updates for one year