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Touch Controller IC Market to Grow at CAGR of 15.9%
June 29, 2015 | PRNewswireEstimated reading time: 1 minute
Touch controller IC is a component of the touch panel that connects the touch sensor and the display panel in a touch-based device. The function of a touch controller IC is to translate the information from touch sensor into information that the device can comprehend. It is usually connected to the touch sensor screen. Touch panel overlay is usually made of plastic integrated above the display module. The touch controller is modified according to the interface or connection required for the device type. The demand for touch panel directly influences the demand for touch controller IC.
Technavio's analysts forecast the revenue of the global touch controller IC market to grow at a CAGR of 15.9% in terms of revenue during the period 2014-2019.
Covered in this report
This report focuses on the present scenario and the future prospects of the global touch controller IC market for the period 2015-2019. In this report, revenue of the total shipment of touch controller ICs to the OEMs is considered to present the market size for the base year 2014. The report also focuses on the ASP of the touch controller ICs across all the technologies and for all the applications. To calculate the market size the following aspects were not considered:
- Shipment of touch controller ICs integrated in touch panels for aftermarket sales
- Cost of touch sensors layer
- Cost of any other component integrated in touch panel
Technavio's report, Global Touch Controller IC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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