Global Retail Touch Screen Display Market, By Screen Types (Capacitive Touch Screens, Resistive Touch Screens, Surface Acoustic Wave Type Displays, Infrared Touch Screens, Others), Application (Personal Use, Professional Use) – Industry Trends and Forecast to 2030.
Retail Touch Screen Display Market Analysis and Size
Touchscreen technology is being highly deployed as a way of interacting with computer systems, especially mobile devices. Nowadays, regular laptop and desktop computers utilize touchscreen displays so the users can touch along with the traditional ways of input, including keyboards and mice.
Data Bridge Market Research analyses that the retail touch screen display market which was USD 28,870.14 million in 2022, would rocket up to USD 60,415.32 million by 2030, and is expected to undergo a CAGR of 9.5% during the forecast period. This indicates that the market value. “Capacitive Touch Screens” dominates the screen type segment of the retail touch screen display market owing to the high demand of this type of screens in the market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Retail Touch Screen Display Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Screen Types (Capacitive Touch Screens, Resistive Touch Screens, Surface Acoustic Wave Type Displays, Infrared Touch Screens, Others), Application (Personal Use, Professional Use)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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3M (U.S.), Corning Incorporated (U.S.), Displax (Portugal), Mouser Electronics, Inc. (U.S.), FUJITSU (Japan), Cypress Semiconductor Corporation. (U.S.), Microsoft (U.S.), SAMSUNG (South Korea), Synaptics Incorporated (U.S.), LG Electronics. (South Korea), and WINTEK Corporation (U.S.), among others
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Market Opportunities
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Market Definition
A touchscreen refers to an electronic visual display that can be used by individuals for controlling by touching the screen with one or more fingers. A touchscreen enables a much more direct interaction with what is displayed compared to a device. These electronic visual displays are widely utilized on smart phones, tablet computers and other mobile devices.
Retail Touch Screen Display Market Dynamics
Drivers
- The Increase in the Smartphone and Tablets
The increase in the smartphone and tablets proliferation acts as one of the major factors driving the growth of touch screen display market. Technological advancements are leading a radical shift from traditional slow, bulky and imprecise resistive mono touch to highly sensitive multi-touch capacitive screen have a positive impact on the industry.
- Indoor Commercial Displays
The increase in use of indoor commercial displays at indoor arenas, retail stores, hotels, sports stadiums, airports, retail stores, schools, and restaurants, among others accelerate the market growth. These displays are used in various industries, including education, retail, healthcare, and corporate and broadcast industries.
- Advancement in Hardware Technology
The developments in the hardware technology rising the demand for more improved touchscreens further influence the market. The use of the aforementioned value-added features to touchscreen improves the end-user experience.
Opportunities
- Automotive Infotainment Systems
The automotive industry is increasingly incorporating touch screen displays in infotainment systems. Touch screen interfaces provide intuitive and convenient control options for navigation, media, and vehicle settings. With the rising demand for connected cars and advanced infotainment features, the automotive sector offers opportunities for touch screen display manufacturers to cater to this market segment.
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Retail and Point-of-Sale Solutions
Touch screen displays are widely used in retail and point-of-sale (POS) systems for efficient and user-friendly interactions. Retailers are adopting touch screen displays to enhance customer experiences, streamline transactions, and improve inventory management. The growth of e-commerce and the need for seamless omnichannel experiences further drive the demand for touch screen displays in the retail industry.
Restraints/Challenges
- Rising Competition
The retail touch screen display market is highly competitive, with numerous companies offering a wide range of products. This can make it challenging for new entrants or smaller companies to gain market share and establish a strong presence.
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High Cost Associated with Implementation
The cost of retail touch screen display systems is very high in the market. Automotive systems and payers face cost pressures, and there is a growing demand for cost-effective solutions. Manufacturers need to balance the development of innovative implants with affordability to meet market demands
This retail touch screen display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Retail Touch Screen Display Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In March 2020, NEC Corporation and Sharp Corporation joined agreed for a joint venture by combining NEC Display Solutions, Ltd. (NDS), a subsidiary of NEC, with Sharp. The move was made the production and development of visual solutions. The agreement will allow both the companies to build upon their strengths.
- In April 2020, LG Electronics Launched the new transparent OLED display with touch screen technology for digital signage. The product uses projected capacitive film technology on its touchscreen and offers enhanced transparency.
Global Retail Touch Screen Display Market Scope
The retail touch screen display market is segmented on the basis of screen type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Screen Type
- Capacitive Touch Screens
- Resistive Touch Screens
- Surface Acoustic Wave Type Displays
- Infrared Touch Screens
- Others
Application
- Personal Use
- Tablets
- Smartphones
- Consumer Electronics
- Others
- Professional Use
- Health Care
- Kiosks
- Education
- Retail
- Government Sectors
- Others
Retail Touch Screen Display Market Regional Analysis/Insights
The retail touch screen display market is analysed and market size insights and trends are provided by screen type and application as referenced above.
The countries covered in the retail touch screen display market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the retail touch screen display market because of the strong base of automotive facilities, strong presence of major players in the market.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in government initiatives to promote awareness, rise in automotive facilities, growing research activities in the region, availability of massive untapped markets, large population pool.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Semiconductor and Electronics Infrastructure Growth Installed Base and New Technology Penetration
The retail touch screen display market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for retail touch screen display market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the retail touch screen display market. The data is available for historic period 2015 to 2020.
Competitive Landscape and Retail Touch Screen Display Market Share Analysis
The retail touch screen display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to retail touch screen display market.
Some of the major players operating in the retail touch screen display market are:
- 3M (U.S.)
- Corning Incorporated (U.S.)
- Displax (Portugal)
- Mouser Electronics, Inc. (U.S.)
- FUJITSU (Japan)
- Cypress Semiconductor Corporation. (U.S.)
- Microsoft (U.S.)
- SAMSUNG (South Korea)
- Synaptics Incorporated (U.S.)
- LG Electronics. (South Korea)
- WINTEK Corporation (U.S.)
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