The global industrial touchscreen display market was valued at US$ 835.3 Mn in 2017 and is projected to expand at a CAGR of over 6.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Industrial Touchscreen Display Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’
Growth of the market is primarily attributable to advancements in technology and increase in the need to enhance end-user experience. Moreover, high demand for industrial touchscreen displays across industries such as automotive manufacturing and food & beverages is expected to propel the global industrial touchscreen display market during the forecast period.
The global industrial touchscreen display market has been segmented based on touchscreen type, component, end-use industry, and region. Based on touchscreen type, the market has been divided into resistive, capacitive, surface acoustic wave, infrared, and others (including optical imaging and near-field imaging). In terms of component, the market has been categorized into hardware and software. The hardware segment has been sub-divided into display, touch sensor, and controller. In terms of end-use industry, the market has been classified into oil & gas, chemical, food & beverages, mining & metal, automotive, and others (including rubber, plastics, and paper & pulp). Based on geography, the global industrial touchscreen display market has been segregated into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Automotive segment expected to hold a prominent share
Among end-use industries, the automotive segment is anticipated to constitute a significant market share in 2017. The segment is expected to be driven by rising demand for next-generation touchscreen display panels that can withstand harsh environments. This can be further attributed to the rising demand for custom touch panels with full display enhancements such as sunlight readability and custom rugged cover glass with logos and graphics.
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The research study includes profiles of leading companies operating in the global industrial touchscreen display market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments in and spending on industrial touchscreen displays and developments by major market players have been tracked. Some of the key players operating in the global industrial touchscreen display market are Advantech Co., Ltd, Cypress Semiconductor Corporation, Dell, Inc., B&R Industrial Automation GmbH, Elo Touch Solutions, Inc., Fujitsu Ltd., Hewlett Packard Enterprise, LG Electronics, Panasonic Corporation, Planar Systems, Kontron AG, Schneider Electric S.E., Siemens AG, Beckhoff Automation GmbH & Co. KG, Captec Ltd., and American Industrial Systems.
The global industrial touchscreen display market has been segmented as follows:
Global Industrial Touchscreen Display Market, by Touchscreen Type
- Surface Acoustic wave
- Others (Including Optical Imaging and NFI)
This post was originally published on Market Reports