ReportsnReports.com adds report Global Retail Touch Screen Display Market 2014-2018to its store. Global Retail Touch Screen Display market to grow at a CAGR of 30.33 percent over the period 2013-2018. One of the key factors contributing to this market growth is the use of hi-tech touch screen displays for customer engagement. The Global Retail Touch Screen Display market has also been witnessing the increasing focus on the development of multi-touch screens. However, the increasing cost of production could pose a challenge to the growth of this market.
The development of multi-touchscreens in retail touchscreen display is one of the major trends witnessed in the Global Retail Touchscreen Display market. The implementation of multi-touch technology in touchscreen solutions is likely to enhance user experience by enabling end-users to operate the product with multiple touch points on the screen. This multi-touch technology is an added advantage to touchscreen solutions. Touch panel display manufacturers are increasingly adopting the multi-touch panel technology. For instance, TPK's projective capacitive technology has multi-touch functionalities. In addition, Fujitsu Components America's multi-touch panel displays provide multi-touch functionalities along with other competitive features that are available in resistive and projected capacitive technologies. The high usage of touchscreens by consumers has driven vendors to focus on the development of multi-touchscreen solutions for retail display.
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According to the report, one of the main drivers contributing to the market's growth is the use of hi-tech touchscreen display. With technological advancements, retailers across the globe are customizing touchscreen displays to provide customers with a personalized experience.
Further, the report states that one of the key challenges in this market is the increasing cost of production. The increasing cost of raw materials is one of the main factors leading to the increase in the overall cost of production. As a result of this, the profitability of vendors is becoming affected.Global Retail Touch Screen Display Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, the Americas, Europe, and the ROW; it also covers the Global Retail Touch Screen Display market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are 3M Co., Atmel Corp., Chimei Innolux Corp., Cypress Semiconductor Corp., Nissha Printing Co. Ltd., Promethean World plc, Sharp Corp., TPK Holding Co. Ltd., and Wintek Corp.
Other vendors mentioned in the report are Elo Touch Solution, Key Tech Inc., Melfas Inc., Planar Systems, Shenzhen L&M Electronic Technology Co. Ltd., and Touch International Inc.
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Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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