CAPACITIVE SENSOR MARKET ANALYSIS

Capacitive Sensor MarketSize and Trends

The Global Capacitive Sensor Market is estimated to account for US$ 38,500 Mn in terms of value by the end of 2030.

Global Capacitive Sensor Market was valued at US$ 26,680 Mn in 2021 and is expected to reach US$ 38,500 Mn by 2030, growing at a CAGR of 5.6% between 2022 and 2030.         

Market Trends

1. Trends

The market's growth prospects are projected to be aided by rise in demand for consumer electronic products. When it comes to smartphones, capacitive touch sensors are used by major smartphone manufacturers such as Samsung. The introduction of 5G devices and services, as well as rise in demand in emerging economies such as India, Russia, and Indonesia, is expected to aid the global smartphone market's rapid growth. Apart from the typical use in touch pads and tablets, researchers are looking at novel uses. For example, in the healthcare sector, research is being conducted to merge capacitive touch sensors with nylon fibers of 1-micron size for patient monitoring.

2. Trends

Human-machine interface technologies have witnessed a paradigm shift, owing to the increasing information interchange between social and various systems in cars. This has resulted in a surge in demand for capacitive sensors, as they are deployed for the implementation of human-machine interface (HMI) applications, such as indoor illumination control, navigation control, etc.