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Retail Touch Screen Display Market: Size, Growth, Market Share, Global Trends, Demand and Forecast to 2023
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The touch screen technology market is also driven by factors, such as increased consumer spending on electronic devices, increasing efficiency and ease of access for these devices. The increasing usage of touch screen displays in the healthcare and entertainment applications is expected to create several growth opportunities in the market.
On the basis of technology, the global retail touch screen display market could be segmented into capacitive technology, resistive technology, embedded technology, optical technology, acoustic technology, infrared technology, and others.
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The capacitive technology is further divided into surface capacitive, and projected capacitive technology. The acoustic technology is further categorized into surface acoustic, pulse recognition, wave acoustic, and dispersive signal touch. The resistive touch and capacitive touch technologies hold the maximum market share by volume. In terms of revenue, mobile and tablet segments is the largest application segment for the touch screen technology market.
The development of multi-touch screens in retail touch screen displays is one of the major trends, in the global retail touch screen display market. The multi-touch technology in touchscreen solutions are also expected to augment user experience during the forecast period. The multi-touch technology is also an additional advantage to touchscreen resolutions. The touch panel display producers are progressively approving the multi-touch panel technology.
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The key competitors in the global retail touch screen display market include 3M, Atmel Corporation, Innolux Corporation, Cypress Semiconductor Corporation, Promethean Limited, Nissha Printing Co., Ltd., SHARP CORPORATION, Wintek Corporation and TPK Holding Co., Ltd. Some of the other competitors in the market are Elo Touch Solutions, Key Tech inc., MELFAS Co. Ltd., Planar Systems, Inc., Touch International, and Shenzhen L&M Electronic Technology Co. Ltd.
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