Market Size of Europe Touch Screen Controllers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 14.74 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Touch Screen Controllers Market Analysis
The European touch screen controllers market was valued at USD 0.706 billion in 2020, and it is expected to reach USD 1.68 billion by 2026 and register a CAGR of 14.74% over the forecast period (2021 - 2026).
- Since capacitive touchscreen control uses an electro-capacitive detection method, a layer of safety glass is mounted over the structure to seal it instead of using a flexible sheet of polyurethane for a resistive screen. This provides a more durable design to consumers. This property has made them prominent over resistive controllers.
- Technological advances in gesture recognition have spurred market expansion by enabling motions such as slide, pinch-to-zoom, swipe (or flick), twist, and press-and-hold (or long-press). Furthermore, the automobile industry has substantially influenced the touch screen controller market.
- A capacitive touchscreen uses two layers of ITO (indium tin oxide) or, in some cases, uses a patterned sensor similar to a checkerboard. Hence, only one full sheet covering the LCD is possible, providing a clearer screen.
- In addition to an increase in shipped touchscreen units, the projected capacitive touchscreens replace resistive technology in automotive applications. Automotive manufacturers are incorporating touchscreens into various applications, such as center stack displays, navigation systems, radio human-machine interfaces (HMIs), car window switches, keyless entry, and rear-seat entertainment systems.