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One Glass Solution touchscreen or OGS touchscreen is a technology that reduces a display’s thickness by eradicating layers of glass from the conventional capacitive touchscreen stack. It offers vital components for the touch interface, including software, controller, and sensor. Sensors are critical in improving user activities and experience. OGS touchscreen is widely utilized in laptops, tablets, smartphones, and other smart display products. The growing popularity of these products, coupled with the expansion of the consumer electronics industry, is expected to favor the industry’s development.
The demand for consumer electronics dramatically surged during the pandemic due to the swift digitalization spread across the globe. Work-from-home regimes and shift of educational institutes to online teaching methods have been beneficial for the industry. The demand for laptops, tablets, and smartphones rose exponentially during the pandemic, which, in turn, bolstered the demand for OGS touchscreen. Though the semiconductor shortage poses a threat to the industry’s expansion, favorable government efforts and continuous R&D activities by major industry players are expected to help the industry flourish. As per Business Research Insights, the global OGS touchscreen market size is predicted to hit USD 2,124 million by 2025. The growing demand for consumer electronics is likely to be a factor augmenting the industry development.
Business Research Insights Identifies the Following as the Top 5 Leading OGS Touchscreen Companies:
1. Microsoft Corporation
This American multinational technology corporation was founded in April 1975 and is headquartered in Washington, U.S. The company ranked 20th in the Fortune 500 rankings released in 2020. It is amongst the Big Five American IT companies, which include Meta, Apple, Amazon, and Google. It is a renowned producer of personal computers, consumer electronics, computer software, and related services. Its Microsoft Surface Lineup is amongst its flagship hardware products.
2. 3M Company
With its headquarters in Saint Paul, Minnesota, U.S., the company was founded in June 1902. This American multinational conglomerate operates in consumer goods, healthcare, and worker safety. The company manufactures more than 60,000 products, including consumer electronics, car-care products, medical products, electronic insulating and conducting materials, personal protective equipment, healthcare software, and others. 3M reported a revenue of USD 35.4 billion, registering a noteworthy year-on-year increase in sales by 9.9%.
3. Samsung
This South Korean multinational conglomerate was founded in March 1938 and is headquartered in Seoul, South Korea. The company had the 8th highest brand value globally in 2020. It offers products across consumer electronics, automotive, medical equipment, touchscreen, semiconductor, electronic components, and other applications. Its renowned subsidiaries include Samsung Electronics, Samsung Electro-mechanics, Samsung Life-Insurance, Samsung SDI, Samsung SDS, Samsung Heavy Engineering, and others.
4. LG Electronics
This South Korean multinational company was founded in October 1958 and is headquartered in Seoul, South Korea. Its subsidiary, LG Electronics, is the second-largest TV producer after Samsung Electronics. It embraces four business units, vehicle components, air solutions & home appliances, mobile communications, and home entertainment. In December 2021, LG Electronics launched a video campaign showing a few initiatives taken by the company during the COVID-19 pandemic for supporting India’s fight against COVID-19. The company generated a revenue of nearly USD 67 billion in 2021.
5. Synaptics
Founded in 1986 and headquartered in San Jose, California, U.S., Synaptics is a developer of Human Interface (HMI) software and hardware such as fingerprint biometrics technology for smartphones, touchpads for laptops, and far-field voice technology for smart home devices. The company’s offerings include VideoSmart processors, ClearPad touch controllers, Clear ID & Natural ID fingerprint sensors, AudioSmart DSPs and SOCs, ImagingSmart Processors, and ClearView display drivers.
The continuous research & development activities by industry players and the growing awareness amongst consumers for the latest technologies are anticipated to create lucrative growth opportunities for the industry players. The growing demand for consumer electronics, such as wearable devices, smartphones, tablets, laptops, and others, is likely to amplify the demand for OGS touchscreen. Further, increasing investments in education and retail segments are expected to fuel the demand for OGS touchscreen, thereby boosting the industry’s expansion. Moreover, partnerships and product developments are predicted to improve the positions of major industry players and proliferate the industry development.