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The total yielded area of resistive, projected capacitive, sensor-on-cover, and on-cell touch sensors grew to 9.6 million square meters in 2011, up 66% from 5.8 million in 2010, according to NPD DisplaySearch. The research firm forecasts this segment will reach 13.0 million sq m in 2012 and 16.4 million sq m in 2014.
The quick-growing touch panel industry went from $4 billion in 2009 to more than $13 billion in 2011. Strong demand should continue, particularly for the manufacture of smart phones, tablet PCs, and other mobile devices, as well as for PCs and point-of-information device displays. New companies such as display and color filter manufacturers are driving to gain share of this market.
"Capacity in 2010 and 2011 was slightly higher--13%--than demand, but this level of oversupply is healthy, given the rapid pace of growth in the touch industry," said Jennifer Colegrove, Ph.D., vice president of Emerging Display Technologies for NPD DisplaySearch. "However, the glut is expected to more than double in 2012, to 27%, causing touch sensor prices to reduce rapidly. The oversupply will also force touch suppliers to move to larger size applications to utilize capacity, such as notebook and all-in-one PCs, ATM/finance and point of information."
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