April 30, 2012 - BUSINESS WIRE -- The global touch controller IC market is growing quickly, thanks to emerging natural user interface (NUI) devices and touchscreens’ rapid adoption in consumer electronics. In 2011, global touch controller revenue was only 0.4% of the total semiconductor industry’s $312.5 billion. In 2016, this share will increase to 1.65%.
Resistive- and capacitive-type touch panels were about 85% of the total touch controller IC market in 2011. Capacitive touch controllers will remain dominant, taking over about 55% of the total touch market in 2016.
Touch controller applications are broadly divided in to three segments: consumer, commercial, and industrial. Specific usage segments include retail, education, transport, medical, entertainment, and infotainment. In 2011, more than 80% of touchscreen controller IC revenues came from the consumer application segment, due to the huge volumes of touch-based mobile phones and tablets.
Also read: Touchscreen controller IC market tripling thanks to mobile devices
The demand for touch controller ICs from the Asia-Pacific (APAC) region should grow at a CAGR of 50% from 2011 to 2016. More than 60% of the product supply, however, comes from North America.
Access the report “Touch Controller IC Market Global Forecast & Analysis (2011 - 2016) by Technology, by Products Types, by Applications & by Geography” at http://marketpublishers.com/report/technologies_electronics/electronic_devices/touch_controller_ic_market_global_forecast_analysis_2011_2016_by_technology_by_products_types_by_applications_by_geography.html
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