Market Research Future published a research report on “Touch Screen Controllers Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Market OverviewThe global touch screen controllers market 2020 can touch a valuation of USD 10 billion by the end of the year 2022, projects Market Research Future (MRFR).
MRFR anticipates that the market can progress at an attractive growth rate of 16% during the forecast period (2016-2022).Top Growth Boosters and Primary ChallengesOver the years, the global touch screen controller market has become highly competitive, with a couple of leading touch screen manufacturers across the globe.
This is expected to lead the touch screen controller market to greater heights in the near future.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2352Manufacturers of tablets, mobile phones, laptops, phablets and other electronic devices are using highly advanced touch screen facilities to come up with top-quality products.
Apart from this, the short replacement cycle of a consumer electronic device boosts the manufacturing process, which can propel the demand for touch screen controllers in the following years and also lead to significant market expansion.Mounting demand for smart consumer electronic products with touch screen facilities is also gaining immense momentum in the touch screen controller market.
Based on the end-users, the touch screen controllers market is segmented into automotive, healthcare, banking, industrial and consumer electronics among others.Key PlayersThe key players of global touch screen controllers report include NXP Semiconductors N.V. (Netherlands), ELAN Microelectronic Corp (Taiwan), Integrated Device Technology, Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea) , Texas Instruments Incorporated (U.S.), Analog Devices, Inc (U.S.), STMicroelectronics (Switzerland), Broadcom Corporation (U.S.), MELFAS Co. Ltd (Korea), Synaptics Incorporated (U.S.) and others.Detailed Regional Analysis The regional evaluation of the touch screen controllers market covers regions such as North America, Europe, Asia-Pacific, and RoW.
The Asia Pacific region is responsible for the principal market share particularly in the nations such as China, Japan and India majorly owing to swift expansion of industrial automation, growing investments in the manufacturing sector and enhanced systems integrated with touchscreens.