The advent of first smartphone with a touch interface took place in 2006. Now, almost every smartphone is enabled with a touch interface. There are numerous other devices which are now equipped with a touch interface technology. All this has been made possible due to touch controller ICs. A touch controller IC basically enables an electrical output based on an input, which could either be through force or through a change in the capacitance over a specific area. Thus, touch controller IC makes an integral part of any touch interface system.
Touch Controller IC Market- Notable Highlights
Some of the leading players operating in touch controller IC market are Synaptics Inc., Samsung Electronics Co. Ltd., Analog Devices Inc., Melfas Inc. and Focal tech systems co. ltd., Solomon Systech Limited, ST Microelectronics, Parade Technologies, Integrated Device Technology Inc., Texas Instruments Inc., NXP Semiconductors N.V., and ROHM Semiconductors.
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Wide Adoption of IoT devices to Escalate Touch Controller IC Demand
IoT devices are witnessing steady adoption by users who are gradually gravitating towards touch screens for an optimal experience. Manufacturers are redesigning operating systems and software solutions to enable optimal performance of touch devices incorporating touch controller IC. This will bring traction to touch controller ICs and touch screens in the forthcoming years.
Growing AR & VR Devices Underpinning Gains in Touch Controller IC Market
The introduction of new and advanced AR and VR devices will drive the demand for touch controller ICs. There are numerous AR and VR devices that are based on touch controller ICs and touchscreens. The ever-evolving gaming trend has further augmented the adoption of VR devices, which are designed for the gaming world.
Demand for Flexible Displays to Positively Impact the Growth of Touch Controller IC Market
The introduction of flexible displays by consumer electronic device manufacturers will appeal consumers to try this technology. As flexible displays are installed in high-end devices with advanced features, and are compatible with almost all kinds of electronic devices, the demand for flexible displays is likely to have a positive impact on the growth of touch controller ICs. Flexible displays, such as AMOLED and OLED displays encompass touch controller IC, which is placed between the touch sensor and the flexible display.
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Touch Controller IC Market Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and Products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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