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China Touch Panel Market Size, share And Growth Report To 2018 : Radiant Insights,Inc

San Francisco, May 17, 2016 (GLOBE NEWSWIRE) -- After the brewing in 2007-2010, rapid development in 2010-2011 and total explosion of market demand, at present, the global touch panel industry has entered in to maturity stage. Seeing from shipments, two thirds of touch panels in global are applied to mobile phone, which is the main application field. Meanwhile, touch panel enterprises develop in roller-coaster way, having gone through severe product homogeneity, product surplus, price dropping and profit reduction etc caused by the flood of large resources in touch panel industry, under the disorder market competition, the shut-down, merging and integration of enterprises in touch panel industry has begun since 2012, like a mighty wave crashes on a sandy shore, this trend becomes more obvious since 2014, in future, it is possible that the integration of touch panel industry chain will be speeded up overall.

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At present, the major touch panel manufacturers in global mainly concentrate into Japan, South Korea and Taiwan, followed by China Mainland. Statistics data suggests: by the end of 2014, the output value of global touch panel industry was about USD 33.8 billion, up 35.2% over the same period of 2014, the growth rate was large. In overall, the global touch panel industry will enter into the new pattern of all-round integration.

Output Value of Global Touch Panel Industry and Growth Rate, 2011-2014

Development in Main Countries and Regions

At present, Taiwan still is the largest production region of touch panel in Global. In 2014, the shipments of touch panel in Taiwan accounted for 36.1%, followed by South Korea (16.3%) and Japan (13.8%) successively. These three parties control the speaking right of industry chain by their advantages. In which, Taiwan manufacturers have advantages in mass production, South Korea Manufacturers take the leading position in technology and Japan manufacturers hold key materials. After the rapid development in recent 2 years, by the end of 2014, the global market shares of touch panel industry in China Mainland had increased to 28.5%.

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With the transfer of global manufacturing center of touch panel industry in future, it is predicted preliminarily that the shipments of touch panel in China Mainland will be increased further, exceed Taiwan and become one of the regions with the largest shipment in global.

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About Radiant Insights

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy.Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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Source: Radiant Insights