Collaboration and Product Launches as Key Drivers of Demand in the Touchscreen Display Market

Published: Jul 2023

The global touchscreen display market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. Collaboration among key players and product launches are key drivers of demand in this market. This means that when different companies work together and release new products, it leads to technological advancements, diversifies product offerings, facilitates market penetration, and boosts consumer adoption. All of these factors contribute to the overall growth of the market. The increasing adoption of touch screens by different industries such as commercial, residential, transportation, automotive, hospitality, corporate, and others is also a key driving factor. Overall, the Touchscreen display market is a rapidly growing industry that is driven by collaboration, innovation, and technological advancements. For instance,

Browse the full report description of “Touchscreen Display Market Size, Share & Trends Analysis Report by Type (LCD, LED, OLED, Others), by End-Users (Consumer Electronics, Retail, and Hospitality, Healthcare, Automotive, Industrial, Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/touchscreen-display-market

In May 2023, LG Display signed a deal with Samsung Electronics to supply high-end 77- and 83-inch white OLED panels, which will be a major boost for LG Display. The deal will help LG Display turn profitable amid fierce competition in LCD panels from Chinese rivals. The shipments of 2 million OLED panels will be a significant boost for LG Display, worth at least $1.5 billion and amounting to around 20%-30% of its total manufacturing capacity for large-size OLED panels.

In May 2022, LG Display showcased innovative OLED technology at an event. The new touch technologies provide an interactive and improved touch-screen experience while retaining a slim design and stellar image quality. OLED is an emerging display technology that uses thin films of organic materials to make efficient, thin, and high-quality displays.

In January 2020, Innolux Corp. and Tanvas partnered to deliver a new touch experience for automotive displays. The partnership will combine Innolux's display technology with Tanvas' haptic technology to create a new touch experience that allows users to feel textures and shapes on the screen.

Market Coverage

The market number available for – 2023-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By End-Users

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Includes Samsung Electronics Co., Ltd., LG Display Co., Ltd., Sharp Group, Innolux Corp., and other AUO Corp., among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Touchscreen Display Market Report Segment

By Type

  • LCD
  • LED
  •  OLED
  •  Others( e-paper displays, MicroLED displays)

By End-Users

  • Consumer Electronics
  • Retail and Hospitality
  • Healthcare
  • Automotive
  • Industrial
  • Others(Banking and Financial Services, Education,Transportation)

Global Touchscreen Display Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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