According to a new market report by Lucintel, the future of the global capacitive sensor market looks promising with opportunities in the consumer electronics and automotive industries. The global capacitive sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this market are rising demand for multi-touch screens and growing demand for capacitive sensors in consumer electronic products, such as multi touchscreens, multi-media players, tablets, smartphones, and gaming consoles.
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In this market, touch sensors, position sensors, and motion sensors are the major sensor types. Lucintel forecasts that the touch sensor segment will witness the highest growth during the forecast period due to increase in demand for consumer electronic products, such as multi touchscreens, touchpads, sliders, TV controls, smartphones, multi-media players, tablets, kiosks, and gaming consoles, among others.
Within the capacitive sensor market, consumer electronics will remain the largest end use industry, and it is expected to witness the highest growth over the forecast period due to growing demand for multi touchscreens, touchpads, sliders, tablets, kiosks, and gaming consoles, among others.
APAC is expected to witness the highest growth over the forecast period, supported by the growth of the automotive and consumer electronic industries.
Analog Devices, Inc, Infineon Technologies AG, Microchip Technology, Inc, and Micro-Epsilon are among the major manufacturers of the capacitive sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the capacitive sensor market by sensor type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Capacitive Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data on the capacitive sensor market by sensor type, end use industry, and region as follows:
By Sensor Type [$M shipment analysis for 2014 – 2025]:
Touch Sensors
Displays & Input Devices
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Automotive
Consumer Electronics
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.