The global commercial touch display market size was valued at USD 4.3 billion in 2020 and is projected to reach USD 7.6 billion by 2025. It is expected to grow at a CAGR of 12.1%
NEW YORK, Sept. 9, 2020 /PRNewswire/ --
APAC to record the highest growth rate in commercial touch display market during the forecast period
APAC is the leading region in terms of production of the commercial touch displays.The region has witnessed significant advancements in the display device market, along with the rapid adoption of new technologies including OLED and quantum dots. APAC is an attractive market for the manufacturers of monitors, open frame touch screen displays, and signage displays, with major companies such as Samsung and LG Display being based in South Korea, and Sharp, Panasonic, and a few others being based in Japan. APAC is expected to register the highest growth rate in the market during the forecast period. However, North America and Europe are expected to be highly impacted by the COVID-19 outbreak because of its high dependency on China as a major chip and equipment supplier for the commercial touch display industry.
In-depth interviews have been conducted with chief executive officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the commercial touch display marketplace.
• By Company Type: Tier 1 - 56%, Tier 2 – 23%, and Tier 3 - 21%
• By Designation: C-Level Executives - 75% and Managers - 25%
• By Region: North America - 40%, Europe - 23%, APAC - 26%, and RoW - 11%
The commercial touch display market comprises major players such as Samsung Electronics (South Korea), Leyard Optoelectronics (Planar) (China), LG Electronics (South Korea), Innolux Corporation (Taiwan), BOE Technology (China), Sharp (Foxconn) (Japan), NEC Corporation (Japan), Qisda Corp. (Taiwan), AU Optronics (Taiwan), and Panasonic (Japan).
The study includes an in-depth competitive analysis of these key players in the commercial touch display market, with their company profiles, recent developments, and key market strategies.
The report defines, describes, and forecasts the commercial touch display market based on product, aspect ratio, touch technology, application, resolution, size, industry, and geography.It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the commercial touch display market.
It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and developments carried out by the key players to grow in the market.
Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall commercial touch display market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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