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Global Capacitive Sensor Market to Grow at 5.37% During 2022-2027, Bolstered by Rising Automation in Various Industries

Published on Jul 16, 2021

According to the latest report by IMARC Group, titled “Capacitive Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global capacitive sensor market reached a value of US$ 28.9 Billion in 2021. A capacitive sensor is a device that detects the presence or absence of virtually any object regardless of its material. It produces an electrostatic field, unlike an inductive sensor that has an electromagnetic field. It acts like a simple capacitor with a metal plate electrically connected to an internal oscillator circuit, and the target to be sensed functions as the second plate of the capacitor. In recent years, the demand for capacitive sensors has escalated as they offer various advantages, such as exceptional durability, superior sensitivity, and higher measurement accuracy.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Capacitive Sensor Market Trends:

The global capacitive sensor market is primarily driven by the rising automation trend. Due to this, these sensors are widely used in parking assistance systems to detect the presence of objects in the pathway of the reversing vehicle and raise the alarm to prevent a collision with pedestrians while parking. Besides this, in the consumer electronics industry, capacitive sensors are utilized in multi-media players, tablets, smartphones and gaming consoles. Furthermore, with advancements in technology, these sensors are undergoing rapid developments to meet advanced user demands and facilitate modern applications. Moreover, several ongoing research and development (R&D) activities have enabled manufacturers to focus on implementing capacitive sensors in the healthcare sector for patient monitoring by integrating them with the 1-micron size of nylon fibers. On account of these factors, the market is anticipated to grow at a CAGR of 5.37% during the forecast period (2022-2027).

Market Summary:

  • Based on the type, the market has been segmented into touch, motion, position and other sensors.
  • On the basis of the end use industry, the market has been segregated into consumer electronics, automotive, aerospace and defense, healthcare, food and beverages, oil and gas, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined with some of the key players being 3M Company, Analog Devices Inc., Cirque Corporation (Alps Electric Co. Ltd.), Infineon Technologies AG, Microchip Technology Inc, NXP Semiconductors N.V., Omron Corporation, Renesas Electronics Corporation, Schneider Electric, STMicroelectronics N.V., Synaptics Incorporated and Texas Instruments Incorporated.

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