Global Capacitive Sensors Market by Type, End-user Industry and Region - Forecast to 2023: The Market is Set to Exceed $31 Billion - ResearchAndMarkets.com

The "Global
Capacitive Sensors Market - Segmented By Type (Touch Sensor, Motion
Sensor, Position Sensor), End-user Industry (Consumer Electronics,
Automotive, Aerospace and Defense), and Region - Growth, Trends, and
Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's
offering.

The capacitive sensors market was valued at USD 22.57 billion in 2017,
and is expected to reach USD 31.08 billion by 2023, recording a CAGR of
5.48%, during the forecast period of 2018-2023.

Capacitive sensing technology is witnessing swift developments, to meet
the advanced user interface requirements of modern applications. The
increasing preference for capacitive sensors, due to their greater
durability, superior sensitivity, and higher measurement accuracy than
resistive or inductive sensors, is one of the primary factors driving
the growth of the market studied.

The implementation of touchscreen display systems as human-machine
interaction, by end-users, such as consumer, industrial, automotive, and
medical, is also anticipated to drive the demand for capacitive sensors.
The increasing factory automation of production processes is also
expected to spur the demand for capacitive sensors, in the healthcare
and automotive industries.

However, issues related to supply shortage of indium tin oxide are
estimated to challenge the growth of the market studied, during the
forecast period.

Automotive Sector Expected to Fuel the Growth

Human machine interface technologies have witnessed a paradigm shift,
owing to the increasing information interchange between a human and
various systems in cars. This has resulted in a surge in the 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.

According to the World Intellectual Property Organization, about 5,839
patents related to autonomous driving were filed, worldwide. Bosch
accounts for a significant share in patent filings related to autonomous
driving, (around 958 patents, during 2010-2017).

Moreover, government across the globe are also increasingly investing in
the development of autonomous vehicles, further augmenting the demand
for the capacitive sensors market. For instance, the Japanese government
has proposed an ambitious strategy to be implemented during Tokyo 2020
Summer Games - the introduction of a self-driving vehicle force, to be
used as Olympic transport.

Asia-Pacific Expected to Account for a Substantial Market Share

The established electronics industry in Asia-Pacific and adoption of
innovative technologies have provided the regional organizations a
competitive edge, in the market studied. Moreover, the region enjoys the
presence of several major capacitive sensor vendors, such as Omron
Corporation (Japan), and Fujitsu Ltd (Japan), among others.

The increasing demand for smartphones in the region is expected to
further drive the market's growth prospects, as major smartphone
manufacturers, like Samsung (South Korea), are using capacitive touch
sensors for smartphones.

According to Ericsson, the estimated number of smartphone subscriptions
is the highest in Asia-Pacific, at about 2,077 million, during
2015-2017. The National Development and Reform Commission of China has
also unveiled a three-year plan for the development of smart cars, which
is anticipated to drive the demand for capacitive sensors, in the region.

Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Capacitive Sensors Market Dynamics

4.1 Capacitive Sensors Market Overview

4.2 Industry Value Chain

4.3 Factors Driving the Capacitive Sensors Market

4.3.1 Increasing Implementation of Touch Screen Displays as Human
Machine Interaction Systems

4.3.2 Rising Usage of Scratch-resistant Non-glass Surfaces

4.4 Factors Restraining the Capacitive Sensors Market

4.4.1 Supply Shortage of Indium Tin Oxide

4.5 Industry Attractiveness - Porter's Five Forces Analysis

4.6 Technology Snapshot

5. Global Capacitive Sensors Market Segmentation

5.1 By Type

5.1.1 Touch Sensor

5.1.2 Motion Sensor

5.1.3 Position Sensor

5.1.4 Other Types

5.2 By End-user Industry

5.2.1 Consumer Electronics

5.2.2 Automotive

5.2.3 Aerospace and Defense

5.2.4 Healthcare

5.2.5 Other End-user Industries (Oil and Gas, Food & Beverage,
Industrial)

5.3 By Geography

5.3.1 North America Capacitive Sensors Market (2018-2023)

5.3.2 Europe Capacitive Sensors Market (2018-2023)

5.3.3 Asia-Pacific Capacitive Sensors Market (2018-2023)

5.3.4 Latin America Capacitive Sensors Market (2018-2023)

5.3.5 Middle East & Africa Capacitive Sensors Market (2018-2023)

6. Competitive Intelligence - Company Profiles of the Capacitive
Sensors Market

6.1 Microchip Technology Inc.

6.2 Cypress Semiconductor Corp.

6.3 STMicroelectronics N.V.

6.4 Texas Instruments Inc.

6.5 Infineon Technologies AG

6.6 NXP Semiconductors N.V.

6.7 Analog Devices Inc.

6.8 3M Company

6.9 Siemens AG

6.10 Omron Corporation

6.11 Rechner Electronics Industries Inc.

6.12 Fujitsu Limited

List Not Exhaustive

7. Investment Analysis of the Capacitive Sensors Market

8. Opportunities in the Global Capacitive Sensors Market

For more information about this report visit https://www.researchandmarkets.com/research/wswb57/global_capacitive?w=4

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