A capacitive sensor is a non-contact device that is used to detect virtually the presence or absence of an object. They are less expensive and non-directional sensors used for non-contact detection of metallic and non-metallic objects. Capacitive sensor technology is used to measure flow, level, pressure, linear position, angle position, etc. The high-resolution sensing capability of capacity sensors makes them highly popular in measurement and detection of position, acceleration, proximity, and fluid level. Capacitive sensors do not require any physical contact with the materials and they can operate on the principle of the capacitor. Capacity sensors are used in consumer electronics, oil & gas and in industries such as automotive and healthcare. Moreover, the increasing demand for consumer electronics such as mobile devices, tablets, smartphones, and keypads is expected to drive the market growth during the forecast period. These sensors offer high accuracy, great stability and improved sensitivity.
The Global Capacitive Sensor Market is estimated to account for US$ 38,500 Mn in terms of value by the end of 2030.
Recent Developments:
Market Driver:
High proliferation of consumer electronics
One of the major factors driving market growth is the increasing proliferation and penetration of consumer electronics. In other words, increased demand for and availability of smartphones, laptops, tablets, television kiosks, and large interactive screens directly impacts market growth. Furthermore, growing acceptance and application by the aerospace industry will pave the way for market growth. witnessed the highest retail sales growth for packaged food and beverages, at 92.2%. Therefore, these factors are expected to drive growth of the Global Capacitive Sensor Market during the forecast period.
Market collaborations and technology advancements
The growing number of strategic market collaborations has increased the amount of money available for advancing and developing advanced and automated technology/machinery. Furthermore, increased investment in research and development capabilities would pave the way for manufacturing technology innovations.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 26,680 Mn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 5.6% | 2030 Value Projection: | US$ 38,500 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Honeywell International Inc., NXP Semiconductors, Panasonic Corporation, Siemens, STMicroelectronics, Emerson Electric Co., Microchip Technology Inc., Robert Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, Amphenol Advanced Sensors, Infineon Technologies AG, Analog Devices, Inc., Cypress Semiconductor Corporation, Synaptics Incorporated, Schneider Electric, Renesas Electronics Corporation, FUJITSU, 3M,Eaton,Rockwell Automation, General Electric, ALPS ALPINE CO., LTD. |
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| Restraints & Challenges: |
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Restraint:
Lack of awareness in underdeveloped regions and high manufacturing costs will act as growth restraints for the market. Lack of strong infrastructure facilities in developing economies, lack of product differentiation, high ownership costs, lack of procedures to measure position sensor performance standards, and complexities involved in integrating devices with this technology will all pose challenges to the market's growth rate.
Capacitive Sensor Market - Impact of Coronavirus (Covid-19) Pandemic:
Several countries across the globe have been affected by the COVID-19 pandemic and governments have announced nationwide lockdowns to curb the spread of the virus. The growth of the capacitive sensor market has been hampered as capacitive sensors are used in many industries such as aerospace & defense, automotive, oil & gas and many others. Demand and price of crude oil have fallen due to lockdowns. Most companies have witnessed a slowdown in their manufacturing operations due to the pandemic. For instance, in March 2020, the price of crude oil decreased from US$ 61.06 to US$ 23.36 in the U.S. Moreover, international and domestic travel has been banned which has led to a significant decline in the consumption of aviation turbine fuel across the globe. Capacitive sensors are used in the aerospace & defense sector in the thrust reverser and power door operating systems.
Figure 1. Global Capacitive Sensor Market, Revenue Share (%), By Country, 2021
Market 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.
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.
Market Opportunity:
Figure 2: Global Capacitive Sensor Market (US$ Mn) Analysis and Forecast, 2022 - 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.
Major players operating in the Global Capacitive Sensor Market are Honeywell International Inc., NXP Semiconductors, Panasonic Corporation, Siemens, STMicroelectronics, Emerson Electric Co., Microchip Technology Inc., Robert Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, Amphenol Advanced Sensors, Infineon Technologies AG, Analog Devices, Inc., Cypress Semiconductor Corporation, Synaptics Incorporated, Schneider Electric, Renesas Electronics Corporation, FUJITSU, 3M,Eaton,Rockwell Automation, General Electric, ALPS ALPINE CO., LTD.
Capacitive sensors are used for non-contact detection of metallic and non-metallic objects such as liquid, plastics, wood, and others. Capacity sensors are small, affordable, and consume less power. Capacitive sensors are used in industries such as automotive, healthcare, food & beverages, oil& gas, and others. The increasing demand for capacitive sensors from the automotive industry is expected to drive market growth during the forecast period. Capacitive sensors are used for the implementation of human-machine interface applications such as navigation and illumination control. Furthermore, governments are promoting the use of position sensors in autonomous vehicles which is expected to drive the market growth.
In 2021, Global Capacitive Sensor Market is estimated to reach US$ 26,680 billion in terms of value.
Market Dynamics
The global capacitive sensor market is expected to witness significant growth during the forecast period owing to the increasing adoption of capacitive sensors in the healthcare industry. Capacitive sensors need less power for functioning and provide results with high accuracy. Government regulations are mandating use of capacitive sensors to detect heat-related issues in the medical industry. Various IoT projects across the world are using capacitive sensors for collecting efficient and accurate data, and also, to provide better care to patients.
These sensors are widely used in the detection and measurement of position, proximity, acceleration, and fluid levels due to their high-resolution sensing capability. Capacitive sensing is currently used in a wide range of devices, including smartphones, tablets, other mobile devices, laptop trackpads, and a variety of other applications.
Key features of the study:
Detailed Segmentation
“*” marked represents similar segmentation in other categories in the respective section.
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