Track Pad Market

Introduction

Global trackpad/touchpad shipments continue to recover in 2021, finds a new analysis by research firm Fact.MR. As per the latest analysis on global trackpad demand, global sales will grow at a high single-digit CAGR.

The study tracks global touchpad shipments for 2016-2020, offering forecasts for the period 2021-2031.

How are Key Trackpad Manufacturers Innovating?

Touchpad or trackpads provide a mouse-like interface for navigating programs on your laptop. For improved mobility or space limitations, most laptop users prefer trackpads over external devices.

Their versatility makes them perfect for a wide variety of tasks, from editing pictures and interacting with PDFs to just surfing the web. With the haptic feedback technology, trackpads recreate the sense of touch by reproducing vibrations and other movements.

The force-sensing resistors in the device use quantum tunneling to increase the tracking accuracy. Trackpads from Sensel have revolutionized the way you interact with your smartphone or laptop. Sensel force touch technology helps to track and control devices in a revolutionary way.

Both the medical and industrial sectors use them to achieve accurate tracking, even when wearing gloves. This technology is widely used by many manufacturers. For instance, ThinkPad X1 Titanium uses Sensel’s Force Touch technology in building their trackpad. 

Another technology, GlidePoint used by Cirque touch technology, provides OEM touchpad modules that are compatible with your device.

With a wide operating temperature range, GlidePoint modules are ideal for integration in industrial and ruggedized devices. In an effort to remain competitive and expand their market footprint, businesses have embraced a variety of strategies including mergers, acquisitions, partnerships, and new product developments.

For instance, Sensel collaborated with Lenovo to design a touchpad, with force touch technology. 

Digital market growth is enhanced by the introduction of new products. For instance, Brydge released a new iTrack standalone trackpad that supports iPadOS and USB charging. This wireless trackpad uses multitouch technology and includes six-month battery life.

A trackpad or a touchpad or a glide pad is an input pointing device having a specialized surface that helps translate the motion and position of a user’s finger to a relative position on the screen of the device.

Track pads are considered as one of the best alternatives for pointing devices such as portable media players and mouse in laptops where space limitation is a concern.

Globally, track pads have been conventionally featured in laptops and computers, but now they can be purchased separately as portable devices as well.

A track pad contains a grid of cables called transmitting and receiving cables, which are capable of recognizing the touch of a finger on the screen and transferring the signal through cables, resulting in the movement of the cursor on the screen. Furthermore, track pads are also used for navigating computers from a couch when connected to the TV.

Apple Magic, Lenovo Wireless, and Perixx PERIPAD-501 are some of the popular track pads available in the market. Furthermore, track pads can detect a varied range of gestures such as clicking, zooming, and scrolling. The selection of the track pad depends on gesture, application, and cost, among other factors.

Key Trackpad Market Dynamics

Drivers

The major factors driving the growth of the global track pad market include the high resistance of track pads to dirt, surface scratches, and moisture.

Track pads can be considered as the most efficient pointing devices if portability and space are the prime criteria as they can be connected via Bluetooth or wireless technologies, which in turn acts as a driver for the growth of the track pad market globally.

Moreover, the requirement of a slight motion and no pressure increase the durability of track pads.

Restraints 

Limitations on the devices that can use track pads and the sensitivity of track pads are some of the factors hindering the growth of the track pad market globally.

Other factors hampering the growth of the track pad market globally include the less possibility of heavy movement and insensibility to gloved fingers and pencil tips.

Furthermore, the limited area provided for the motion of fingers and scrolling problems is some other factors restraining the market growth. Sometimes, the sensitivity of the track pad may prove to be a problem for some users.

Also, for operations that require precise control use of track pad becomes a little difficult these all things restrain the growth of the global track pad market.

Trends

The integration of double-finger scrolling track pads in laptops makes working on a track pad easier and more interesting.

Furthermore, track pads now come equipped with features such as tap-to-click, zoom-in or -out, rotation and smart swiping may further surge the demand and sales of the product.

Region-Wise Outlook

Japan and North America are the two prominent regions estimated to account for dominant shares in the global track pad market due to the presence of recognized manufacturers and the growing pace of technological advancements in these regions.

Europe as well as Asia pacific are expected to witness substantial growth during the forecast period, owing to the growing adoption and awareness amongst consumers towards choosing advanced products.

Moreover, growth of the sales network and mergers of prominent manufacturers with local distributors in the Middle East and Africa region may contribute towards the growth of the market in the region.

Competitive Landscape

Examples of some of the market participants identified across the value chain of the global track pad market include,

• Apple Inc.
• Lenovo
• Wacom
• HP Development Company, L.P.
• Synaptic
• Elan Tech
• Cirque Corporation
• Alps Electric Corporation
• Logitech
• Panasonic Corporation

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast.

Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study.

Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

A thorough analysis has been offered by the report on

• Market Dynamics
• Market Size
• Market Segments
• Demand & Supply Trends
• Current Issues and Challenges
• Companies and Competitor Landscape
• Value Chain
• Technology

Regional Segments Analyzed Include

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain.

Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed.

Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

• Elaborated scenario of the parent market
• Transformations in the market dynamics
• Detailed segmentation of the target market
• Historical, current and forecast market size based on value and volume
• Latest industry developments and trends
• Competition landscape
• Strategies adopted by the market players and product developments made
• Potential and niche segments, along with their regional analysis
• Unbiased analysis on performance of the market
• Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Segmentation

The global track pad market can be segmented on the basis of supported platform, connectivity, mode of power, type of touch, application, market price and region.

On the basis of the supported platform, the global track pad market can be segmented into:

• Windows
• Mac

On the basis of connectivity, the global track pad market can be segmented into:

• Wireless
• USB connection
• Bluetooth

On the basis of the mode of power, the global track pad market can be segmented into:

• AA battery and
• USB

On the basis on touch type, the global track pad market can be segmented into:

• Force touch
• Multi touch

On the basis of application, the global track pad market can be segmented into:

• Mobile phones,
• Mac book and
• Computers

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR