DUBLIN, August 05, 2021--(BUSINESS WIRE)--The "Multi Touch Screens - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Multi Touch Screens estimated at US$9.1 Billion in the year 2020, is projected to reach a revised size of US$24.8 Billion by 2027, growing at a CAGR of 15.4% over the analysis period 2020-2027.
Resistive, one of the segments analyzed in the report, is projected to record a 15.1% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Capacitive segment is readjusted to a revised 15.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.7 Billion, While China is Forecast to Grow at 14.8% CAGR
The Multi Touch Screens market in the U.S. is estimated at US$2.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2027 trailing a CAGR of 14.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 13.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.
Infrared Segment to Record 17.2% CAGR
In the global Infrared segment, USA, Canada, Japan, China and Europe will drive the 17.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$3.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3 Billion by the year 2027.
Select Competitors (Total 63 Featured):
Hewlett-Packard Development Company LP
Panasonic Corporation of North America
Samsung Electronics Co., Ltd.
TPK Holding Co., Ltd.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/5iomtn
View source version on businesswire.com: https://www.businesswire.com/news/home/20210805005831/en/
Laura Wood, Senior Press Manager
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