The global capacitive sensors market was valued at USD 24 billion in 2017 and is anticipated to grow at a CAGR of 6% during the forecast period. Capacitive sensors are used for non-contact detection of metallic objects & nonmetallic objects such as liquid, plastic, and wood among others. These sensors are small, affordable, and less power-hungry. They are non-directional while offering a short range. Capacitive sensors are used in varied applications such as consumer electronics, automobiles, touch screen devices, bio-medical instruments, and industrial devices. These sensors offer improved sensitivity, higher durability, and greater accuracy.
The growing demand of capacitive sensors for consumer electronics, and rising adoption of touch screen displays primarily drive the capacitive sensors market. The growing modernization of vehicles, and increasing demand for luxury and technologically advanced vehicles has accelerated the adoption of capacitive sensors. The growing applications in industrial, consumer, automotive, and medical sectors boosts the demand for capacitive sensors. The growing implementation of scratch-resistant non-glass surfaces, and miniaturization of sensors are factors expected to provide growth opportunities during the forecast period. The growing technological advancements, and development of dynamic interactive display would drive the market growth during the forecast period.
North America Capacitive Sensors Market Share, By Type, 2017 - 2026 (USD Billion)
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The global capacitive sensors market is segmented on the basis of type, end-user, and geography. Based on the type, the market is segmented into Motion Sensors, Touch Sensors, Position Sensors, and others. The touch sensors dominated the global market in 2017 owing to growing demand for consumer electronics.
The end-users in the global capacitive sensors market include Consumer Electronics, Healthcare, Automotive, Industrial, and others. The consumer electronics sector dominated the global capacitive sensors market in 2017 owing to rising demand from emerging economies, and increasing disposable income of consumers.
This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Asia-Pacific dominated the global capacitive sensors market in 2017 owing to increasing disposable income of consumers, and growing demand for consumer electronics. The rising need for automation, and growing demand from the healthcare sector support the market growth in this region.
The vendors in the market are launching new products to meet the growing customer needs. In addition, the leaders in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. The capacitive sensors market is highly competitive with the presence of a large number of small and large vendors. The leading players in the market include Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments, Inc., 3M Company, Fujitsu Limited, Cypress Semiconductor Corporation, Analog Devices Inc., TPK Holding Co. Ltd., Siemens AG, and STMicroelectronics NV among others.