Commercial Touch Display Market

Market Leadership - Commercial Touch Display Market

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% during the forecast period. High adoption of touchscreen displays in retail, hospitality, healthcare, and transportation verticals, dynamic nature of touchscreen displays leads to enhanced customer experience, and  rapid adoption of technologically advanced, energy-efficient, attractive, and high-end-specification display products are the key driving factors for the commercial touch display market.

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). are the key players in the commercial touch display market. These top players have strong portfolios of products and services and presence in both mature and emerging markets.

To know about the assumptions considered for the study download the pdf brochure

Samsung Electronics is one of the leaders in the commercial touch display market. It is a pioneer in commercializing technologically advanced commercial touch displays. Samsung is focused on developing innovative products and solutions in the commercial touch display market. The company has a strong financial background and invests large amounts in R&D activities. The company is focused on providing touch displays for retail, hospitality, medical, and transportation industries. Samsung continues to maintain its position through its state-of the-art technologies that suit a wide range of business needs, including smart signage solutions. Samsung has wide geographic presence and is focused on developing innovative products and solutions in the commercial touch display market. The company has a strong financial background and invests large amounts in R&D activities. The company is focused on providing touch displays for retail, hospitality, medical, and transportation industries. Samsung continues to maintain its position through its state-of the-art technologies that suit a wide range of business needs, including smart signage solutions. Samsung has improved cost competitiveness by increasing its production yields through developing advanced process technologies and high transmission panels, as well as producing core manufacturing equipment internally.

BOE is one of the very few companies that have witnessed rapid growth in the display panel market. The company focuses on developing technologically advanced products, thereby investing significant amount in R&D. The company is focused on market expansion and strategic client cooperation in new application areas, such as automotive, retail, industrial, healthcare, and education sectors. The revenue of company has hit badly due to the closure of its production units and delayed orders from key customers, such as Huawei. BOE Technology is likely to lose out to Samsung Display in a shipment for handset panels in 2020 as most of China's panel makers are likely to be forced to delay their production due to unsteady supplies of raw materials in the wake of the coronavirus. There has not been any news on the announcements made by the company related to COVID-19; however, its position among industry leaders gives it an edge to recover from the potential revenue loss even if the company does not plan to switch over to a potentially in-demand product line at present.

Related Reports:

Commercial Touch Display Market by Product (Monitors, Signage Displays, POS Terminals, Open Frame Touchscreen Displays, and Medical Displays), Touch Technology, Resolution, Application, Size, Aspect Ratio, Industry, and Geography - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Commercial Touch Display Market Size,  Share & Growth Report
Report Code
SE 1676
RI Published ON
8/13/2020
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2023 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status