The Global Market for Capacitive Sensors is Projected to Reach US$17.5 Billion by 2020

Rising Demand for Electronic Devices with Touch Interface Capabilities Drives the Capacitive Sensors Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Capacitive Sensors market. The global market for capacitive sensors is projected to reach US$17.5 billion by 2020, driven by the steady rise in demand for electronic devices with touch interfaces coupled with the widespread use of capacitive touch sensing as a standard technology.

Capacitive sensing technology based on capacitive coupling, accepts capacitance as an input. The technology is growing in prominence as the standard for all touch interfaces. Benefits such as superior sensitivity, higher measurement accuracy, greater durability and easier operability are fuelling the preference for capacitive sensing over other competing technologies such as resistive, inductive and acoustic sensing. Capacitive sensing technology finds widespread use in touch sensors used in a wide range of electronic devices. The emergence of touchscreen displays as the standard human-machine interface system for consumer, industrial, automotive and medical electronic devices is a major factor driving robust demand for capacitive sensors. 

Capacitive sensing has also gained considerable penetration in flow sensors, level sensors and position sensor applications. Factory automation and digitalization of manufacturing approaches are forecast to additionally spur opportunities in the food and beverage, oil & gas, petrochemicals, pharmaceuticals and automotive industries. Increasing use in POS systems, medical equipment, and automobile sub-systems will also boost market prospects for capacitive sensors. Technology developments and improvement in features and capabilities will drive demand growth. The consumer electronics market will especially benefit from the miniaturization trend, which will continue to expand application possibilities for capacitive sensors.

As stated by the new market research report on Capacitive Sensors, Asia-Pacific represents the largest and the fastest growing market worldwide with demand from the region waxing at a CAGR of 14.9% over the analysis period. The growth in the region is driven by rising investments in industrial automation, stable automobile production trends, and digitalizing lifestyles of the growing base of affluent middle class population in economies like China and India. Touch sensors represents the largest application area, while motion sensors such as accelerometers and magnetometers are set to emerge the fastest growing end-use market for capacitive sensors. Growing integration of motion sensing capabilities in smartphones and automobiles will especially boost demand for motion sensors over the next few years.

Major players covered in the report include 3M Company (US), ALPS Electric Co., Ltd. (Japan), Contrinex (Switzerland), Cypress Semiconductor Corporation (US), ELK Corporation (Korea), General Electric Company (US), Fujitsu Limited (Japan), IDEX ASA (Norway), Iljin Display Co. Ltd. (Korea), Infineon Technologies AG (Germany), Lion Precision Inc. (US), Micro-Epsilon (Germany), Microchip Technology, Inc. (US), MicroSense LLC (US), MTI Instruments (US), NXP Semiconductors N.V. (Netherlands), Omron Corporation (Japan), RECHNER Industrie- Elektronik GmbH (Germany), Synaptics Corporation (US), Siemens AG (Germany), STMicroelectronics NV (Switzerland), Texas Instruments, Inc. (US), and Zytronic Plc (UK).

The research report titled “Capacitive Sensors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and strategic industry activities of major companies worldwide. The report provides market estimates and projections for Capacitive Sensors in US$ Thousand for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.  The global market for Capacitive Sensors is also analyzed by the following applications - Touch Sensors, Flow, Level, & Pressure Sensors, Position Sensors, and Motion Sensors.

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