The prime factor driving the growth of the Capacitive Sensor Market is the increase in the use of smartphone & gaming consoles igniting the demand for capacitive touch displays. Also increase in the production of automotive is one major driving factor.
The use of professional robots in end use industries is driving the demand for capacitive sensors.
As per the report, the Capacitive Sensor Market is projected to grow at a CAGR of 6.79% to reach US$32.665 billion by 2025, from US$22.020 billion in 2019.
Capacitive sensors are non-contact devices that detect the presence or absence of nearly any object. It is often used to sense flow, pressure, thickness, ice detection, etc. Capacitive sensors are widely being introduced in all sphere of industry. It is majorly going to fuel the healthcare industry by introducing medical robots.
During surgical procedures, it provides a platform for medical robots in utilizing capacitive sensors that eliminate the healing period to minimum, provides more assistance in giving reports of internal organs, reducing the stay of the patients and other benefits. It is also estimated to fuel the automotive, smartphones, gaming industry and the requirement of professional robots in different industries. Aside from the increasing number of applications for medical robots as surgical assistants, rehabilitation robots, medical transportation robots, sanitation, and disinfection robots will drive market growth in the forecast period and in the coming years.
Based on type of sensors, capacitive sensors are classified into mutual and self-capacitance. The ability of an object to hold an electric charge is referred to as self-capacitance. Mutual capacitance is an unintentional capacitance that occurs between two charge-holding objects or conductors in relatively close proximity.
Based on end-user type, Automotive & healthcare industry is expected to grow exponentially. It is also used in airport and in helping the world in defense sector. With advancement in technology & digitization at the global level, a growing adoption of interactive displays has been observed among a diverse range of end-users. This includes the use of touch-screen displays in a variety of industries such as retail, hospitality, and entertainment, among others.
Based on geography segmentation, North America and Europe are expected to account for a sizable share of the global capacitive sensor market. The Asia Pacific region, on the other hand, will experience the fastest regional market growth during the forecast period, owing to the booming consumer electronics industry in countries such as China and India, as well as the growing adoption of automation processes across various end-use industries
As a part of the report, the major players operating in the capacitive sensors market that have been covered are: OMROn Corporation, Texas Instruments Incorporated, NXP Semiconductors, Capacitec Inc, ELK Corporation, Pepperl & Fuchs * Schneider Electric
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This analytics report segments capacitive sensors the market on the following basis
By Type of Sensor
By End-user type
Aerospace & defense
The Middle East and Africa