GLOBAL SWIPE SENSORS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global swipe sensors market is estimated to be valued at USD 2.94 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.

Swipe sensors are proximity or touch sensors that detect the near presence or contact of a fingertip or other object. These are primarily used as an input control method to swipe through screens, scroll through lists or pages, and navigate within applications and interfaces on connected devices like smartphones, tablets, and laptops. Rising adoption of multifunctional mobile devices and touch-enabled interfaces across consumer electronics has boosted demand for swipe sensors in recent years. The convenience of gesture-based interaction using swipe motions is driving its preference over other input methods like buttons, keys, or wheels.

Market Dynamics:

Global swipe sensors market is expected to witness robust growth due to factors such as increasing proliferation of touch-enabled consumer electronic devices, growing adoption of gesture-based user interfaces, and continuous technology advancements leading to improved sensitivity and functionality of swipe sensors. However, high manufacturing costs and availability of alternative input technologies could hamper the market growth. Emerging opportunities surrounding areas like virtual and augmented reality applications, in-display fingerprint sensors, and development of swipe-based biometric authentication methods can drive the market growth over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global swipe sensors market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global swipe sensors market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Synaptics Incorporated, Atmel Corporation, Goodix, Idemia, Fingerprint Cards AB, CrucialTec, Shenzhen Goodix Technology, Validity Sensors, Egis Technology, Qualcomm Technologies, Inc, Texas Instruments Incorporated, NXP Semiconductors N.V., TE Connectivity, id3 technologies, and Elliptic Laboratories ASA.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global swipe sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global swipe sensors market.

Market Segmentation:

• By Type
  • Capacitive Swipe Sensors
  • Optical Swipe Sensors
  • Thermal Swipe Sensors
  • Others
• By Industry Vertical
  • Consumer Electronics
  • Government & Law Enforcement
  • Automotive
  • BFSI
  • Healthcare
  • Others
• By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Key Players Insights
  • Synaptics Incorporated
  • Atmel Corporation
  • Goodix
  • Idemia
  • Fingerprint Cards AB
  • CrucialTec
  • Shenzhen Goodix Technology
  • Validity Sensors
  • Egis Technology
  • Qualcomm Technologies, Inc
  • Texas Instruments Incorporated
  • NXP Semiconductors N.V.
  • TE Connectivity
  • id3 technologies
  • Elliptic Laboratories ASA