TechNavio recognizes the following companies as the key players in the Global Touch Panel Display Market: Chimei Innolux Corp., Nissha Printing Co. Ltd., TPK Holding Co. Ltd., Wintek Corp., and Young Fast Optoelectronics Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “Vendors in the market are currently shifting their focus from double glass touch panel displays and thin film touch panel displays to single glass touch panel displays and in-cell touch panel displays. Since double glass touch panel displays are expensive and highly prone to damage, many touch panel display manufacturers are adopting thin film touch panel displays. Further, single glass touch panel displays and in-cell touch panel displays are considered the next-generation touch panel displays. Vendors are increasingly adopting single glass touch panel displays as such displays are attributed with features such as high transmitting capabilities and low cost. Apple is in the process of adopting in-cell touch panel displays for its next-generation iPhones because of their higher yield rate when compared to double glass touch panel displays and single glass touch panel displays. Thus, the increasing preference for single glass touch panel displays is one of the major factors contributing to the growth of the market.”
According to the report, one of the main drivers in this market is the increasing adoption of smartphones and tablets. As a result of the increased functionality provided by smartphones when compared to feature phones, smartphones are gaining immense popularity among consumers. Tablet PCs are also rapidly emerging as next-generation computing devices, owing to their high flexibility and enhanced functionality. Factors like these have led to the increasing adoption of smartphones and tablet PCs. Their adoption is expected to increase further during the forecast period, thereby increasing the demand for touch panel displays.
Further, the report states that one of the key challenges in this market is the high cost of glass touch panel displays. The glass touch panel display is among the various key touch panel display technologies. As the cost of production of glass touch panel displays is high, their adoption among consumers is low. This has resulted in the declining profitability of vendors in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-touch-panel-display-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Touch Panel Display Market 2012-2016
