Touchscreen Display Glass Market: Introduction
Touchscreen display glass is a chemically strengthened glass used as display screen in a variety of consumer electronics. Touchscreen display glass has been gaining wide acceptance owing to the proliferating smartphone industry worldwide. There are various types of touchscreen display glass such as 2D touchscreen display glass, 2.5D touchscreen display glass and 3D touchscreen display glass.
Earlier, consumer electronics such as smartphones and smart TVs used 2D touchscreen display glass, however, with technological advancements companies introduced more superior 2.5D and 3D touchscreen display glass to cater to the increasing demand for highly efficient, low radiation emitting touchscreen display glass.
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Touchscreen Display Glass Market: Dynamics
Paradigm shift from keyboards to touchscreen has influenced the development of touchscreen display glass. With technological advances in the consumer electronics sector, touchscreen display glass has been gaining paramount importance across various applications such as smartphones, smart televisions, Tablet PC and others.
Against this backdrop, companies involved in the manufacturing of touchscreen display glass have been focused on research and development to enhance the quality of touchscreen display glass in terms of strength and thickness.
The concept of touch screen has widely penetrated across consumer electronics sector apart from mere smartphones and televisions. Other products such as wearable display and smart watches are also supporting the growth of the touchscreen display glass market.
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Touchscreen display glass market continues to witness significant growth rate with growing adoption of smartphones worldwide. The demand for advanced smartphones has remained instrumental in driving the application of touchscreen display glass, as manufacturers of touchscreen display glass seek to develop advanced products to cater to the growing demand.
The demand for highly durable touchscreen display glass has been witnessed and companies of touchscreen display glass are focusing on developing novel products to cater to this demand. This factor is likely to complement to the growth of the overall touchscreen display glass market in the coming years.
In addition, manufacturers are introducing new product developments in the touchscreen display glass market. For instance, Schott has been focused on innovations in touchscreen display glass, particularly for the smartphone market. The company is planning to introduce bendable ultra-thin touchscreen display glass, providing potential avenues for smartphone manufacturers.
Touchscreen Display Glass Market: Regional Outlook
The demand for touchscreen display glass is likely to witness a significant upsurge among the developing economies in the Asia Pacific, especially China and India. Macroeconomic aspects such as steadily increasing GDP per capita across these countries coupled with increasing population have fuelled the growth of the consumer electronics sector across Asia Pacific (APAC), in turn providing potential growth avenues for touchscreen display glass.
The report foresees that the manufactures of touchscreen display glass can expect momentous growth across these countries in the forthcoming years and can tap other regional markets in APAC to enhance their global footprint.
However, sales of touchscreen display glass are expected to remain concentrated across developed nations in North America and Europe on the back of large presence of international touchscreen display glass manufacturers. In addition, higher purchasing power parity in these regions is likely to influence the use of touchscreen display glass demand.
Touchscreen Display Glass: Key Market Participants
The touchscreen display glass market report includes detailed analysis on various key players in the touchscreen display glass market. The companies involved in the production and distribution of touchscreen display glass have been profiled in the report.
Various facets such as new developments and innovations, mergers and strategic alliances, product portfolio and key strategies of companies are covered. Few of the touchscreen display glass manufacturing companies profiled in the report include:
- Corning
- AGC
- Schott
- NEG
- TunghsuGroup
- Avanstrate
- KMTC
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