Touch Screen Module Revenues Forecast to Reach $9B by 2015

DisplaySearch forecasts the total touch screen module market will grow to $9 billion by 2015.

By Video/Imaging DesignWire Staff

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Video/Imaging DesignWire
(6/12/2009 12:29:07 AM)

Austin, TX — In its recently released 2009 Touch Panel Market Analysis Report, DisplaySearch forecasts the total touch screen module market will grow to $9 billion by 2015, from $3.6 billion in 2008, with a CAGR of 14%.

Figure 1: Touch Screen Module Revenue Forecast

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Source: DisplaySearch 2009 Touch Panel Market Analysis

“Touch screens are becoming widespread due to the ease of use and intuitive interfaces they enable, which can save time and increase productivity. Falling prices have also spurred adoption. Finally, touch screen devices are now perceived as cool and fun,” noted Jennifer Colegrove, PhD, Director of Display Technologies at DisplaySearch. “Touch screen penetration has been rapidly increasing in mobile phones, portable navigation devices, gaming and other applications. Over the next several years, touch screens will undergo strong growth in large-size applications, such as retail, ticketing, point of information and education/training.”

DisplaySearch surveyed over 170 suppliers of touch screen modules, controller ICs, ITO films and other technologies to produce the 2009 Touch Panel Market Analysis. These firms are profiled in the report, and 2008 shipments and revenues for over 100 touch screen suppliers are included.

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