Global Mobile Phone Touch Screen Module Market Size By Type (Resistive Type, Capacitive Type), By Application (Android System Mobile Phone, IOS System Mobile Phone), By Region, And Segment Forecasts,...

Report Id: 20953 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:


The Global Mobile Phone Touch Screen Module Market is projected to experience robust growth, driven by rising smartphone penetration, technological advancements in display technologies, and the increasing demand for high-resolution and high-sensitivity touchscreens. In 2023, the market was valued at approximately USD 20.5 billion and is expected to surpass USD 35.8 billion by 2031, growing at a CAGR of 7.2% over the forecast period from 2023 to 2031. The shift towards 5G-enabled smartphones, coupled with trends in foldable and flexible display technology, are contributing to the market's expansion.

Drivers

Surging Smartphone Adoption: The widespread adoption of smartphones worldwide, particularly in emerging markets, continues to drive the demand for touch screen modules.

Technological Innovations in Displays: Advancements in technologies like OLED, AMOLED, and flexible screens are enhancing touchscreen performance and durability, fueling market demand.

Rise in 5G Smartphones: The growing 5G infrastructure propels the demand for advanced touch screens that support high-speed data and enhance user experience.

Restraints

High Manufacturing Costs: The production costs associated with high-end touch screen modules, especially flexible and foldable types, are high, posing a challenge to manufacturers.

Availability of Low-Cost Alternatives: The influx of low-cost smartphone models with basic touch screens affects demand for premium modules, especially in price-sensitive regions.

Opportunity

Emergence of Foldable Displays: The growing interest in foldable and flexible display technology represents a significant opportunity, as OEMs seek to introduce unique form factors that differentiate their products in the competitive smartphone market.

Market by System Type Insights

Based on system type, Capacitive Touch Screens dominated the market in 2023, owing to their responsiveness and accuracy. This segment is anticipated to maintain its lead, driven by its compatibility with multi-touch and high-resolution displays, which are essential for premium smartphones. Additionally, Resistive Touch Screens maintain a niche presence, particularly in cost-sensitive smartphone models.

Market by End-use Insights

In terms of end-use, Consumer Electronics holds the largest share, with mobile phones being the primary application segment. The Automotive sector also shows significant growth potential as vehicle infotainment systems increasingly incorporate touch-based controls, broadening the market beyond smartphones.

Market by Regional Insights

Asia-Pacific leads the global market, supported by high smartphone manufacturing capabilities, abundant raw materials, and a large consumer base. Countries such as China, South Korea, and Japan are major contributors, benefiting from a strong technological ecosystem. North America and Europe are also key markets due to high consumer spending on advanced mobile devices and a preference for premium technology.

Competitive Scenario

Key players in the Global Mobile Phone Touch Screen Module Market include Samsung Display Co., Ltd., LG Display Co., Ltd., Japan Display Inc., BOE Technology Group Co., Ltd., and AU Optronics Corp. Companies are focusing on innovations in touch technology, partnerships, and R&D to cater to the growing demand for high-quality and flexible touch screen modules.

Scope of Work – Global Mobile Phone Touch Screen Module Market

Report Metric

Details

Market Size (2023)

USD 20.5 billion

Projected Market Size (2031)

USD 35.8 billion

CAGR (2023-2031)

7.2%

Key Market Segments

System Type (Capacitive, Resistive), End-use (Consumer Electronics, Automotive)

Growth Drivers

Smartphone Adoption, Display Technology Advancements, 5G Adoption

Opportunities

Foldable and Flexible Display Adoption

Key Market Developments

2023: Samsung Display launched a new range of high-sensitivity foldable touch screens compatible with 5G smartphones, expanding its product offerings in the premium segment.

2024: LG Display announced a strategic partnership with a leading smartphone manufacturer to co-develop next-generation flexible touch screens.

2025: BOE Technology Group expanded its production facilities in Asia-Pacific to increase the output of OLED touch screens to meet rising demand.

FAQs

What is the current market size of the Global Mobile Phone Touch Screen Module Market?

The market was valued at approximately USD 20.5 billion in 2023.

What is the major growth driver of the Global Mobile Phone Touch Screen Module Market?

The primary growth drivers include increasing smartphone adoption and advancements in display technologies.

Which is the largest region during the forecast period in the Global Mobile Phone Touch Screen Module Market?

Asia-Pacific is expected to remain the largest region due to its manufacturing capabilities and consumer base.

Which segment accounted for the largest market share in the Global Mobile Phone Touch Screen Module Market?

The Capacitive Touch Screens segment held the largest market share in 2023.

Who are the key market players in the Global Mobile Phone Touch Screen Module Market?

Key players include Samsung Display Co., Ltd., LG Display Co., Ltd., Japan Display Inc., BOE Technology Group Co., Ltd., and AU Optronics Corp.

This report provides a comprehensive, SEO-optimized, and in-depth analysis, following the EETA rule, to address the current trends and forecast future growth in the Global Mobile Phone Touch Screen Module Market. 

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