Analysis By Technology (Resistive, Capacitive, Infrared); Product Type (Consumer, Commercial and Industrial); Application (Consumer, Medical, Retail, Industrial, Others), and Country
The touch panel market in North Americais expected to grow from US$ 16,377.0Mn in 2019 to US$ 35,972.8Mn by 2027; it is estimated to grow at a CAGR of 11.2% from 2020 to 2027.
With the rising penetration of tablets and smartphones, the touch panel technology is witnessing substantial growth. The falling price of smartphones, as well as tablets, mounting adoption of an innovative and advanced user interface, and rising government investment in e-learning education, are some of the significant drivers of the touch panel market. Furthermore, touchscreen kiosks have high adaptability in the market and have enhanced user experience. The technologically advanced kiosk has resulted in a modern touchscreen interface from the traditional keyboard interface design, and it performs a broad range of applications, which includes ticket vending, bill payment, and banking activities.
Companies are involved in designing innovative touchscreen kiosks that are durable, rugged, and cost-effective as well as ideal for use in a range of various environmental conditions. Owing to the benefits of touchscreen kiosk systems, there is a high demand for these systems across the world by the retailers, which, in turn, contributes to the growth of the touch panel market.
The growing adoption of consumer electronics such as smartphones, laptops, and tablets with rising disposable income is among the significant factors driving the touch panel market growth in the region. The rise in smartphone adoption across the region is anticipated to create new opportunities for touch panel manufacturers.
Exhibit: North America Touch Panel Market Revenue and Forecast to 2027 ( US$ Million)
North America Touch Panel MarketSegmentation
North America Touch Panel Market - by Technology
Resistive
Capacitive
Infrared
North America Touch Panel Market - by Product Type
Consumer
Commercial and Industrial
North America Touch Panel Market - by Application
Consumer
Medical
Retail
Industrial
Others
North America Touch Panel Market - by Country
US
Canada
Mexico
North America Touch Panel Market -Companies Mentioned
3M
Samsung
Xenarc Technologies Corporation
Renesas Electronics Corporation
FUJITSU LIMITED
Advantech Co. Ltd.
Planar
Hitachi, Ltd
Innolux Corporation
LG Display Co., Ltd.
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North America Touch Panel Market Strategic Insights
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North America Touch Panel Market Segmentation Analysis
North America Touch Panel Market Report Highlights
North America Touch Panel Report Scope
Report Attribute
Details
Market size in 2019
US$ 16,377.0 Million
Market Size by 2027
US$ 35,972.8 Million
CAGR (2020 - 2027)
11.2%
Historical Data
2017-2018
Forecast period
2020-2027
Segments Covered
By Technology
Resistive
Capacitive
Infrared
By Product Type
Consumer
Commercial and Industrial
By Application
Consumer
Medical
Retail
Industrial
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
3M
Samsung
Xenarc Technologies Corporation
Renesas Electronics Corporation
FUJITSU LIMITED
Advantech Co. Ltd.
Planar
Hitachi, Ltd
Innolux Corporation
LG Display Co., Ltd.
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North America Touch Panel Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America Touch Panel Market
The List of Companies - North America Touch Panel Market 1. 3M 2. Samsung 3. Xenarc Technologies Corporation 4. Renesas Electronics Corporation 5. FUJITSU LIMITED 6. Advantech Co. Ltd. 7. Planar 8. Hitachi, Ltd 9. Innolux Corporation 10. LG Display Co., Ltd.
Frequently Asked Questions
How big is the North America Touch Panel Market?
The North America Touch Panel Market is valued at US$ 16,377.0 Million in 2019, it is projected to reach US$ 35,972.8 Million by 2027.
What is the CAGR for North America Touch Panel Market by (2020 - 2027)?
As per our report North America Touch Panel Market, the market size is valued at US$ 16,377.0 Million in 2019, projecting it to reach US$ 35,972.8 Million by 2027. This translates to a CAGR of approximately 11.2% during the forecast period.
What segments are covered in this report?
The North America Touch Panel Market report typically cover these key segments-
Technology (Resistive, Capacitive, Infrared)
Product Type (Consumer, Commercial and Industrial)
What is the historic period, base year, and forecast period taken for North America Touch Panel Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Touch Panel Market report:
Historic Period : 2017-2018
Base Year : 2019
Forecast Period : 2020-2027
Who are the major players in North America Touch Panel Market?
The North America Touch Panel Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
3M
Samsung
Xenarc Technologies Corporation
Renesas Electronics Corporation
FUJITSU LIMITED
Advantech Co. Ltd.
Planar
Hitachi, Ltd
Innolux Corporation
LG Display Co., Ltd.
Who should buy this report?
The North America Touch Panel Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Touch Panel Market value chain can benefit from the information contained in a comprehensive market report.