Thursday, December 7, 2023

Capacitive Sensor Market’s Phenomenal Journey: Projected 6.2% CAGR, Aiming for US$ 54.5 Billion Valuation by 2032 | Future Market Insights, Inc.

Last updated Sunday, September 24, 2023 19:03 ET , Source: Future Market Insights, Inc.

Newark, United States, 09/24/2023 / Future Market Insights, Inc. /

The global capacitive sensor market is currently valued at US$ 29.8 billion. Over the projection period 2022 to 2032, global capacitive sensor sales will thrive at a 6.2% CAGR. By 2032, the total market valuation will cross the US$ 54.5 billion mark.

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Consumer electronics will continue to dominate the global market during the assessment period. This is due to the rising adoption of capacitive sensors in consumer electronic products. The target segment is forecast to expand at a CAGR of 5.9% from 2022 to 2032.

Rising applications of capacitive sensors across diverse industries will drive the global market. In recent years, the consumer electronics industry has been at the forefront of implementing capacitive sensor technology.

Capacitive sensors are being incorporated into numerous consumer electronic devices. This includes multi-media players, multi-touch screens, mobiles, tablets, & gaming consoles.

The increasing need for capacitive sensors in these consumer electronics goods will boost the global market. Besides this, the growing popularity of touch-screen gadgets will propel demand for capacitive touch sensors.

The rising usage of capacitive sensors in automobiles will fuel sales in the market through 2032. Capacitive sensors are being incorporated into modern cars to perform various functions.

Key Takeaways from the Capacitive Sensor Market Report

  • Global capacitive sensor sales will likely surge at 6.2% CAGR through 2032.
  • By type, touch sensor demand is forecast to rise at 6.1% CAGR over the next ten years.
  • Based on industry, the consumer electronics segment will thrive at 5.9% CAGR through 2032.
  • The USA capacitive sensor market will reach a valuation of US$ 16.7 billion by 2032.
  • Demand for capacitive sensors in China is forecast to increase at 7.2% CAGR through 2032.
  • Japan’s capacitive sensor market is set to cross the US$ 3.9 billion mark by 2032.
  • Sales of capacitive sensors across Korea will rise 6.6% CAGR during the projection period.

Leading Companies

  • Honeywell International Inc.
  • NXP Semiconductors
  • Panasonic Corporation
  • Siemens
  • STM Microelectronics
  • Emerson Electric Co.
  • Microchip Technology Inc.
  • Robert Bosch GmbH
  • TE Connectivity
  • DENSO Corporation
  • Omron Corporation
  • Amphenol Advanced Sensors
  • Infineon Technologies AG
  • Analog Devices Inc.
  • Synaptics Incorporated
  • Schneider Electric

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Capacitive Sensor Market Segmentation:

By Type

  • Touch Sensor
  • Motion Sensor
  • Position Sensor

By Industry:

  • Healthcare
  • Aerospace and Defense
  • Automotive
  • Consumer Electronics
  • Food and Beverages
  • Oil and Gas
  • Manufacturing

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

About the Author

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management across verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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