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Touch Controller IC Market size is set to grow by USD 30.91 billion from 2024-2028, Increasing sales of electronic devices to boost the market growth, Technavio

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NEW YORK, July 4, 2024 /PRNewswire/ — The global touch controller IC market  size is estimated to grow by USD 30.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 29.73%  during the forecast period. Increasing sales of electronic devices is driving market growth, with a trend towards emerging flexible displays. However, increasing competition among vendors  poses a challenge. Key market players include Analog Devices Inc., Apex Material Technology Corp., Cirque Corp., eGalax eMPIA Technology Inc., Elo Touch Solutions Inc., FocalTech Systems Co. Ltd., Hycon Technology Corp., Infineon Technologies AG, Maxim Integrated Products Inc., MELFAS BD, Microchip Technology Inc., ROHM Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Sitronix Technology Corp., Solomon Systech International Ltd., STMicroelectronics International N.V., Synaptics Inc., and Texas Instruments Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Automotive, Smartphones, ATMs, and Others), Technology (Resistive touchscreen and Capacitive touchscreen), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Analog Devices Inc., Apex Material Technology Corp., Cirque Corp., eGalax eMPIA Technology Inc., Elo Touch Solutions Inc., FocalTech Systems Co. Ltd., Hycon Technology Corp., Infineon Technologies AG, Maxim Integrated Products Inc., MELFAS BD, Microchip Technology Inc., ROHM Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Sitronix Technology Corp., Solomon Systech International Ltd., STMicroelectronics International N.V., Synaptics Inc., and Texas Instruments Inc.

 

Key Market Trends Fueling Growth

The touch controller IC market is anticipated to expand due to the increasing adoption of flexible displays, particularly OLED and AMOLED types. These displays, which integrate touch controller ICs between the display and touch sensor, are becoming popular in high-end devices. Notable manufacturers like Samsung and LG Electronics, leaders in AMOLED production, are driving market growth with their use in smartphones and wearable devices. This trend is expected to significantly boost the demand for touch controller ICs during the forecast period. 

The touch controller IC market is currently experiencing significant growth due to the increasing demand for advanced user interfaces in various industries. Screens and touch sensors are crucial components in this sector. Our company offers a range of high-quality touch controller ICs that provide screen responsiveness and accuracy. These ICs are essential for consumer electronics, automotive, and industrial applications. Our products are designed to meet the latest industry standards, ensuring compatibility with various operating systems and display technologies. Additionally, our ICs are known for their durability and reliability, making them ideal for use in harsh environments. Our commitment to innovation and excellence sets US apart in the touch controller IC market. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Touch Controller IC Market is witnessing an influx of global and regional vendors, with APAC entrants intensifying competition. Vendors like MELAS and FocalTech join established players such as Microchip Technology, Synaptic, and Cypress Semiconductor. Market entry criteria prioritizing technological expertise are less stringent, leading to increased competition and price wars. Vendors aim to offer competitive prices for touch controller ICs, causing a decline in Average Selling Prices (ASPs) and negatively impacting revenue growth during the forecast period.The Touch Controller IC market faces several challenges in the procurement process. The key components, such as Touch Controller ICs, microcontrollers, and connectors, are in high demand due to the increasing use of touch technology in various applications. The supply chain is complex, involving multiple suppliers and long lead times. The cost of these components can also be a challenge, as prices can fluctuate based on market conditions and demand. Additionally, ensuring the reliability and consistency of these components is crucial for manufacturers to produce high-quality products. The integration of these components into larger systems can also present challenges, requiring careful planning and coordination. Overall, managing the Touch Controller IC market requires a strategic approach to address these challenges and ensure a steady supply of these critical components.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This touch controller ic market report extensively covers market segmentation by

Product 1.1 Automotive1.2 Smartphones1.3 ATMs1.4 OthersTechnology 2.1 Resistive touchscreen2.2 Capacitive touchscreenGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Automotive-  The Touch Controller IC market experiences consistent growth due to the increasing demand for user-friendly interfaces in various industries. These integrated circuits enable touch sensitivity in devices, enhancing user experience. Major sectors, such as consumer electronics and automotive, significantly contribute to market expansion. Additionally, advancements in touch technology and its integration into various applications continue to fuel market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Touch Controller IC market encompasses the production and sales of microchips specifically designed to process input signals from touch screens. These ICs are integral to various touchscreen-enabled devices, including tablets, computers, smartphones, smartwatches, automotive systems, and interactive displays. They facilitate the I/O function of touchscreens, enabling users to interact with their devices through simple gestures. Advancements in touchscreen technology have led to the development of flexible screens, which require specialized touch controller ICs. These ICs are also essential in the implementation of augmented reality (AR) and virtual reality (VR) applications, as they allow for accurate touch position detection. The Touch Controller IC market is expanding rapidly, driven by the increasing demand for IoT devices and the integration of touchscreens into various industries, such as automotive and computing. Processors, such as those from Analog Devices and Freescale Semiconductor, often include touch controller ICs in their offerings. Product pricing for touch controller ICs varies depending on their specifications, with factors such as resolution, response time, and compatibility with different touchscreen technologies influencing the cost. LCDs and computer desktops, which often use larger touchscreens, may require more powerful touch controller ICs, leading to higher prices.

Market Research Overview

The Touch Controller IC market encompasses a wide range of microcontrollers and sensors designed to enable touch interaction in various electronic devices. These components are integral to the functionality of touchscreens, allowing users to input commands through simple gestures. The market for touch controller ICs is driven by the increasing demand for advanced user interfaces in consumer electronics, automotive applications, and industrial automation. The technology behind touch controllers is continually evolving, with innovations such as capacitive, resistive, and infrared touchscreens pushing the boundaries of user experience. Additionally, the integration of advanced features like haptic feedback and multi-touch capabilities is further expanding the market potential for touch controller ICs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductAutomotiveSmartphonesATMsOthersTechnologyResistive TouchscreenCapacitive TouchscreenGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Ushering 2025 in a New High: OneOdio Studio Max 1 Breakthrough and OpenRock X Forbidden City Edition at CES 2025

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HONG KONG, Jan. 1, 2025 /PRNewswire/ — OneOdio, a professional DJ headphone brand with a decade of expertise, together with its dynamic sports sub-brand, OpenRock, is gearing up to dazzle attendees at CES 2025 (Jan. 7-10). Visit Booth #31106, South Hall 1, to explore how these two brands are setting a new standard for audio innovation, presenting their cutting-edge products to the world’s largest technology stage.

OneOdio and ShowStoppers at CES 2025

This year, OneOdio is taking its CES 2025 presence to new heights. In addition to showcasing its latest innovations at the booth, the brand will shine at the exclusive ShowStoppers event on January 7, 2025, from 6:00 PM to 10:00 PM PST at Booths #D07 & D09. This high-energy media reception connects top tech companies with over 1,000 leading journalists and industry influencers.

Introducing the Unmatched Studio Max 1: The Best of CES 2025

A centerpiece of OneOdio’s display at CES 2025 will be its latest flagship headphone, the Studio Max 1. Co-branded with Italian DJ Arianna, who has already performed with it in two major European events, this model redefines professional audio, with its most important features outlined below.

Rapid WiLL+ Connection Technology: Super 20ms ultra-low latency, seamless audio
LDAC & Dual Hi-Res Certification: Studio-grade sound, capturing every detail in high-resolution clarity.
4-in-1 Functionality: Switch between Wireless DJ, Bluetooth, Wired Monitoring, and Wired DJ modes for maximum versatility.

With other features like Dual-Mic ENC Noise Reduction and 120-hour battery life, Studio Max 1 keeps DJs fully focused on their performance, lasting for days without recharging. All of these advantages have been recognized by Gadgety Awards and AndroidHeadlines Technology Awards, with it earning the prestigious title of The Best of CES 2025, underscoring its exceptional innovation and performance in the audio technology world.

OpenRock X: Award-Winning Design with Sports in Mind

OpenRock X, OpenRock’s flagship model, was honored with the Good Design Award 2024, a prestigious accolade from Japan that has celebrated excellence in design since 1957. Its innovative adjustable ear-hook design ensures a secure, non-slip fit, making it the ideal companion for sports lovers.

Main Features of OpenRock X – Forbidden City Limited

Taking its innovations further, OpenRock has also presented the Forbidden City Limited version of the OpenRock X. This unique edition blends cultural artistry with superior engineering, making it a standout product in both aesthetics and performance. The version will be showed at CES 2025.

Join Us at CES 2025

Discover how OneOdio and OpenRock are setting new benchmarks in professional and sports audio at CES 2025. Follow us on Facebook and Instagram for the latest updates, and enjoy an exclusive 50% OFF CES discount (code: ATFCUG5N) on the Pro C in champagne gold on Amazon US from January 1–10. Plus, explore other premium audio gear with special CES discounts.

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SOURCE OneOdio

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TESSAN x Rachael Yamagata: Inspiring Charging Moments of Innovation and Connection

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NEW YORK, Jan. 1, 2025 /PRNewswire/ — As the new year unfolds, the leading charging solution brand TESSAN proudly announces an inspiring collaboration with the American singer-songwriter Rachael Yamagata. Together, they are embarking on a journey of innovation, encouraging people to discover and engage with the world around them.

Rachael Yamagata has made a significant impact on the global music scene with her soulful and emotionally resonant songs. Her music, characterized by its raw honesty and heartfelt lyrics, has garnered a dedicated international fanbase. Rachael has toured extensively and has a strong following. Her ability to connect deeply with audiences through her music has solidified her place as a beloved and influential artist on the global stage.

For Rachael, a journey represents the balance between planning future destinations and appreciating the present moment. It is a rich tapestry of life, interwoven with new encounters and personal growth. This vision aligns seamlessly with the “connection” concept of TESSAN’s mission, resulting in a strong partnership between TESSAN and Rachael.

Rachael’s experiences as an international traveler have shaped her perspective on the essentials needed for a seamless journey. She emphasizes the importance of efficient packing when traveling, particularly for tours. “You can only take so much because you go on trains, planes, you’re walking through cities, you’re getting cabs, you’re literally changing cities every day,” she shared.

One of Rachael’s main travel challenges is balancing the need to bring essential items without overpacking. TESSAN’s WTA series travel adapter emerges as an indispensable companion to address such challenges during modern travelers’ global exploration. As a user of the WTA series, Rachael finds the series highly appealing due to its excellent connectors, lightweight design, compact size, durability, fast charging capabilities, and ability to charge multiple devices simultaneously.

Weighing only 0.62lb and featuring a compact design, the WTA series fits easily into any luggage. Its classic slider design includes EU, UK, and US plugs, with rotatable pins for sockets in Australia and China, ensuring compatibility worldwide. GaN technology contributes to its lightweight nature and enables faster charging while maintaining a stable temperature, preventing overheating. The WTA series can simultaneously charge multiple devices, including iPhones, Macs, iPads, cameras, and CPAP machines. Built-in safety features, such as double-patented 10A auto-resetting fuses, provide peace of mind when using high-power devices.

As part of the collaboration, TESSAN conducted an exclusive interview with Rachael, capturing the entire process in a documentary. On January 4th, the documentary will premiere on YouTube, offering a glimpse into Rachael’s journey and insights. Through this exchange, TESSAN encourages audiences to ponder “What’s Your Next Journey,” inspiring them to embark on new explorations as a New Year’s resolution.

To support this initiative, TESSAN is launching a series of activities aimed at inspiring users to share the stories in their journeys. Including the sharing of the documentary trailer released on YouTube on January 1st allows participants to enter a prize draw. Then, on January 4th, the TESSAN website will showcase a limited time offer on the WTA series. The excitement will reach its peak on January 8th with a TikTok live event, featuring giveaways of prizes and Rachael Yamagata posters.

This collaboration between TESSAN and Rachael Yamagata is an invitation to explore, connect, and discover new horizons. As the new year begins, it calls for individuals to embark on their own journeys, starting from the comfort of home and reaching out to the world.

About TESSAN

TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage.

For more information, visit www.tessan.com or the TESSAN Amazon store, and follow TESSAN on Facebook, Instagram, and YouTube.

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SOURCE TESSAN

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CES 2025: Aurafit to Unveil G12 Smartwatch, the Ultimate Companion for A Connected, Active, and Healthy Life

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LAS VEGAS, Jan. 1, 2025 /PRNewswire/ — At CES 2025, taking place from January 7-10, Aurafit, a pioneering brand dedicated to providing innovative smart equipment for modern sports enthusiasts and tech-savvy individuals, is set to introduce its latest flagship product, the G12 Smartwatch. This versatile GPS smartwatch is designed to transform how people interact with technology in their everyday lives.

This all-in-one device supports five satellite navigation systems: BeiDou, GPS, GLONASS, Galileo, and QZSS, ensuring precise and reliable positioning no matter where the user is. The inclusion of a built-in compass makes the G12 Smartwatch an indispensable companion for outdoor adventures, providing users with the confidence to explore new terrains. It supports over 150 sports modes, catering to various activities from running and cycling to yoga and swimming. This extensive range of modes ensures that users can optimize their training sessions and track their progress with ease. Additionally, with more than 100 cloud-based watch faces, users can customize their smartwatch to match their style and preferences.

AI functionalities are at the core of the G12 Smartwatch, offering an AI voice assistant, AI voice-activated watch faces, AI smart translation, AI voice notes, and AI art watch faces. These features transform the smartwatch into a powerful tool for managing daily tasks, staying connected, and expressing creativity. Whether setting reminders, taking notes, or translating languages on the go, the G12 Smartwatch enhances efficiency and organization in daily life.

As a wholly-owned subsidiary of Shenzhen Smart Care Technology Co., Ltd. (SMA), Aurafit has been a key player in the smart wearable industry for over a decade. The company boasts an expansive industrial park covering over 10,000 square meters and employs a strong team of over 600 professionals, with more than 20% dedicated to research and development. Aurafit has established itself as a leader in the field, offering a product line that includes smartwatches, smart headphones, and smart glasses, along with related accessories. With over 200 technology patents in health and sports recognition algorithms, Aurafit’s products are sold in more than 50 countries worldwide.

As it continues to push the boundaries of innovation and redefine the future of smart wearables, Aurafit welcomes partners from the global smart wearable industry to visit its booth at LVCC South Hall 1, #30121, during CES 2025.

For more information, please visit: www.aurafitofficial.com.

Media Contact: Chupeng Song, songchupeng@smawatch.com

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SOURCE Shenzhen Smart Care Technology Co., Ltd. (SMA)

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