Global Capacitive Sensor Market – Industry Analysis and Forecast (2019-2027)

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Global Capacitive Sensor Market size was valued at US$ 22.57 Bn in 2019 and is expected to reach US$ 35.40 Bn by 2027 to exhibit a CAGR of 5.79% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Global Capacitive Sensor Market Dynamics:

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated Market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding global capacitive sensor market dynamics, structure by identifying and analyzing the Market segments and project the global market size.

Further, the report also focuses on the competitive analysis of key players by type, price, financial position, type portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global capacitive sensor market.

The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Capacitive sensing technology is witnessing rapid developments, to meet the advanced user interface necessities of modern applications. The growing preference for capacitive sensors, due to their greater durability, superior sensitivity, and higher measurement accuracy than resistive or inductive sensors is one of the main factors driving the growth of the market studies.

The major driving factors behind the growth of the global capacitive sensor market are technological development in capacitive sensors, the growing trend of miniaturization of sensors, the rapid growth of the consumer electronics industry, increasing use of scratch-resistant non-glass surfaces in electronics, and a rising preference for replacement of resistive sensors.

The key restraining factors for the growth of the capacitive sensor market is decreasing demand for all-in-one PCs and a short supply of indium tin oxide. The lack of proper guidelines to measure performance standards is one of the major challenges for this global capacitive sensor market. The growing opportunity of capacitive sensors in the dynamic interactive display market will generate many opportunities in this market.

The capacitive sensors are widely used in consumer electronics products like touchpads, TV controls, smartphones, multimedia players, tablets, multi-touch screens, gaming consoles. Also, the application of the capacitive sensor is increasing for the touchscreens in smartphones & input devices such as buttons, sliders, and touchpad. Owing to these applications is anticipated to grow the demand of the capacitive sensor market.
Touch sensing is the largest application segment in the capacitive sensors market while motion sensing is expected to grow at a high rate over the upcoming years because of the growing production of virtual gaming consoles. Further, rising government support for research and development activities in nanotechnology-based applications like medicine, space exploration, food packaging, and water purification is expected to increase the market demand in the forecast period. This segment is anticipated to grow in proportion to the consumer electronics market.

Motion sensing application is projected to hold the highest growth rate owing to growing applications of capacitive magnetometers and accelerometers in the automotive and smartphone segment and increasing government support for research and development activities in nanotechnology-based applications.

Position capacitive sensors are segmented into displacement sensors and proximity sensors. The position capacitive sensors are projected to grow at a high rate during the forecast period owing to the increased utilization of proximity sensors in industrial applications. The capacitive displacement sensor has a high-resolution measurement property. Because of this feature capacitive displacement sensors are mostly used in semiconductor processing, for assembly line testing, and for precise thickness measurements.

The automotive industry is anticipated to grow at a high rate during the forecast period because capacitive sensors are in high demand in all the manufacturing sectors of the automotive industry for almost all processing of machines and for other supporting functions. Also, the consumer electronics segment is expected to raise at high speed in the upcoming years owing to the increased use of capacitive sensors in electronic products such as smartphones, tablets, TVs, touchpads, especially in developing countries.

The Asia Pacific is projected to hold the major market share of the global capacitive sensor market during the forecast period owing to increased technological developments and increasing spending power in developing economies including India, China, South Korea, and Japan. The rising number of electronics manufacturers in the Asia Pacific and the growing purchase of electronics by developing countries is expected to drive the market for capacitive sensors over the forecast period.
Global Capacitive Sensor Market, Key Highlights:

• Global Capacitive Sensor Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Capacitive Sensor Market

• Global Capacitive Sensor Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Capacitive Sensor Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Capacitive Sensor Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Capacitive Sensor Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Scope of the Global Capacitive Sensor Market: Inquire before buying

Global Capacitive Sensor Market, by Sensor Type

• Touch Sensors
• Motion Sensors
• Position Sensors
• Others
Global Capacitive Sensor Market, by Industry

• Healthcare
• Automotive
• Consumer Electronics
• Industrial Manufacturing
• Defense
• Oil & Gas
• Food & Beverages
• Others
Global Capacitive Sensor Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Capacitive Sensor Market Key Players

• Synaptics Inc.
• Microchip Technology, Inc.
• Cypress Semiconductor Corp.
• Stmicroelectronics NV
• NXP Semiconductors NV
• Texas Instruments, Inc.
• Renesas Electronics Corp.
• Infineon Technologies AG
• Analog Devices, Inc.
• Cirque Corp.
• 3M Company
• Micro-Epsilon
• Omron Corporation
• Fujitsu Limited
• Lion Precision Inc.,
• ALPS Electric Company Limited.

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