Technavio expects global tablet touch panel market to reach over $12 billion by 2020

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This market research report includes a detailed segmentation of the global tablet touch panel market by technology (GG, G1F, GFF, in-cell, on-cell, OGS, and others) and by screen size (7 inches, 8 inches, 9 inches, and above 9 inches). It also outlines the market shares for key regions like the Americas, APAC, and EMEA. The leading vendors analyzed in this market research are Nissha Printing, TPK, Wintek, and Young Fast.

Technavio’s market research analysts estimate the global tablet touch panel market, to grow at a CAGR of more than 6% between 2016 and 2020. Much of this market’s growth can be attributed to the rising shipments of tablets worldwide. Tablet enhances several limited functions on smartphones such as navigation, web browsing, watching videos, and working on documents due to its bigger touch screen monitors. APAC is the largest region in the global tablet touch panel market due to the high concentration of tablet manufacturers here.

The new market research report from Technavio provides a breakdown and analysis of the tablet touch panel segments by technology.

“Vendors are making huge investments to improve the sales and distribution platforms for tablets. They are incorporating drastic changes in the distribution networks of tablets. Currently, there are multiple channels, such as retail stores, dealers, and e-commerce websites, through which tablets are sold to customers. The decline in the average selling prices (ASPs) of the tablets is increasing their sales,” says Sunil Singh, Hardware & Semiconductor, Technavio Research

Technavio’s market research analyst predicts the 7-inch segment to account for more than 79% of the total market share by 2020. Since most of the 7-inch tablets have a SIM-card slot, customers can use them as a cellphone. This tablets’ high mobility coupled with its ability to offer a better handling experience to customers will lead to its augmented adoption during the predicted period.

Global tablet touch panel market segmentation by screen size

Source: Technavio, 2016

The major players in the global tablet touch panel market include Nissha Printing, TPK, Wintek, and Young Fast. The market is highly fragmented owing to the presence of numerous small and large vendors. The vendors in the market compete on the basis of product price, quality, innovation, service, reputation, distribution, and promotion. To survive and succeed in this market, the vendors focus on establishing partnerships with their customers as it will help them to boost their revenue generating capacity.

A more detailed analysis is available in the Technavio report, Global Tablet Touch Panel Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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