Global And China Touch Screen (Panel) Industry Analysis, Growth, Trends and Forecast Report, 2014-2015
Albany, NY (PRWEB) January 12, 2015 -- The report analyzes the growth of the touch screen industry with a special focus on China. It studies the key growth drivers, the factors impacting it negatively, the trends key players need to watch out for, and indicates the weaknesses that can be turned into great opportunities for the players.
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The global and China touch screen market research report states that the market is driven by smartphones and tablet PCs, which are expected to experience a slight sluggishness in the next three years. The slump in the smartphone and tablet PC market will be mainly due to saturation in the market. This slowdown will be especially reflected in the Chinese smartphone market, which is characterized by two smartphones for every individual. A key fallout of this will be seen in stagnating touch screen industry, especially so in China. The statistics from January to October 2014 clearly indicate that China’s smartphone shipment was down by 10.4% as compared to 2013 to 312 million units. The poor show of touch screen market in China will also be due to its wavering economy.
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Treading the same path as the smartphone market, the tablet PC market will also go through a phase of saturation. As people prefer bigger and bigger smartphones, the need for tablet PCs is slowly diminishing. The tablet PC market is slowly shifting towards children as adults prefer one gadget such as a phone to perform all functions. However, due to children being potential consumers of tablet PCs, the replacement frequency of these gadgets is dropping at a fast pace. According to research analysts, the tablet PC market will suffer a massive blow in a few years from now which will be irreversible even with Apple’s launch of a 12.9-inch tablet PC.
The global and China touch screen market will also be affected by slow extinction of touch laptops. Additionally, in 2014, the Out-Cell touch screen market was caught in a tough price war and the market lost its size by 16.2%. The biggest losers were the South Korean and Taiwanese vendors, while some had to shut shop. The toughest competition for Out-Cell touch screen vendors comes from In-Cell and On-Cell vendors.
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The report on global and China touch market provides a complete understanding of developments in touch screen technology, trends in the touch screen market, analysis of the touch screen market, and company profiles of 22 key players in the touch screen business. The report helps the readers to get a professional grip on the market to formulate strategic business plans for a lucrative outcome.
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