According to the latest report by IMARC Group, titled “Capacitive Sensor Market Share, Size, Trends, Demand, Growth, Opportunity and Forecast 2020-2025”, the global capacitive sensor market grew at a CAGR of 7% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth by 2025.
A capacitive sensor is an electronic device that is utilized to detect the presence or absence of objects in its proximity. These sensors are used to measure the distance of the object to calculate its current position and acceleration rate. They are extremely durable as well as reliable in nature due to which they are widely utilized across numerous industry verticals, such as automotive, aerospace, healthcare and consumer electronics.
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The capacitive sensor market is primarily driven by considerable growth in the consumer electronics sector. This is facilitated by the inflating disposable income levels of the masses and the increasing penetration of high-speed internet across the globe. Apart from this, the rising adoption of automation across numerous industrial processes is another major factor contributing to the market growth. Capacitive sensors are extensively being employed in the industrial segment for process control in manufacturing units. The market is further driven by the increasing applications of these sensors in the automotive sector for preventing accidents by avoiding the chances of vehicle collision with pedestrians or other objects. Some of the other factors providing an impetus to the market growth include their widespread utilization in the infotainment industry and the advancements in the miniaturization of sensors.
Competitive Landscape With Key Players:
The competitive landscape of the capacitive sensor market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Omron Corporation
- 3M Company
- Infineon Technologies AG
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- Analog Devices Inc.
- Schneider Electric
- Renesas Electronics Corporation
- Microchip Technology Inc
- Synaptics Incorporated
- Cirque Corporation (Alps Electric Co. Ltd.)
- Texas Instruments Incorporated
Key Market Segmentation:
The report has segmented the global capacitive sensor market on the basis of region, type and end use industry.
Breakup by Type:
- Touch Sensor
- Motion Sensor
- Position Sensor
Breakup by End Use Industry:
- Consumer Electronics
- Aerospace and Defense
- Food and Beverages
- Oil and Gas
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Historical, Current and Future Trends
- Market Drivers and Success Factors
- Structure of the Global Market
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
- The Impact of COVID-19 on the Global Market
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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