Capacitive Sensors Market to Benefit From Growing Demand for Consumer Electronics

Capacitive sensors are popularly used in several consumer electronics as part of a touchscreen display. They work on the principle of capacitive coupling, where electrical energy is transferred between two bodies with capacitance. The latter refers to the ability of a body to store electric energy. Capacitive sensors can hence be used as proximity meters and accelerometers. Some of the major and well-known applications of capacitive sensors are the touchscreens of mobile phones, tablets, music and multimedia players, and laptop trackpads. Most major mobile phone manufacturers, including and not limited to Apple and Samsung - the two most popular mobile phone brands in 2014 according to sales figures - use capacitive touchscreens in their products owing to the higher sensitivity and durability they offer in comparison to resistive touchscreens.

Rising Applications of Touchscreens Major Propellant

The rapid expected growth of the consumer electronics industry is a major growth driver for the capacitive sensors market. The convenience and aesthetic advantage of touchscreens over conventional QWERTY keyboards is expected to lead to a near-total domination of touchscreen devices in the consumer electronics market, encompassing not just mobile phones but multimedia players, tablets, and laptops as well. This will directly propel the capacitive sensors market.

The capacitive sensors market was worth US$7 billion in 2012 and is expected to rise at a CAGR of close to 15% by 2018.

Apart from the consumer electronics market, increasing applications of touchscreens in other fields, in addition to applications of capacitive sensors in motion and position sensing, are also leading to the expansion of the global capacitive sensors market. The major factor enabling this integration into novel applications is the small size of capacitive sensors, which makes them invaluable in sensing application where size is a concern.

This presents a valuable market opportunity within the capacitive sensors. These sensors offer nanometer resolution, which makes them ideal for nanotechnology-based applications. Increasing governmental support for research and development into nanotechnology is expected to increase the applications and sophistication in nanotechnology, which will aid the capacitive sensors market in the process. Nanotechnology has several applications in medicine, space exploration, and many other fields. This is expected to drive up the demand for research and innovation in nanotechnology in the coming years. This will aid the capacitive sensors market massively in the near future.

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Touch sensing is expected to remain the dominant application of the capacitive sensors market. However, the application of motion sensing is also expected to show promising growth in the coming years. The consumer electronics market also has a role to play in the growth of the motion-sensing application of capacitive sensors; these sensors are used in most virtual gaming devices such as gaming consoles. The growth of the markets for these devices will also aid the expansion of the capacitive sensors market.

Asia Pacific Emerges as the Leader of the Global Market

The global capacitive sensors market can be divided into the geographical segments of North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to dominate the global market for capacitive sensors in the coming years thanks to technological development in emerging economies such as China, India, South Korea, and Japan. The growing purchases of consumer electronics from Asian consumers, aided by their growing spending power thanks to the increasing development of their national economy, is also boosting the capacitive touchscreens market significantly. Rising Asian electronics manufacturers, particularly in China and India, are also a significant factor in the future of the capacitive sensors market in Asia Pacific.

The competitive landscape of the global capacitive sensors market comprises companies that specialize in a particular area of the market rather than all-encompassing industry giants. Some of the major players in the market include TPK Holdings Co. Ltd., which has a fruitful and influential partnership with Apple, Elo Touchsystems, Zytronic Plc Displax Interactive Systems, Micro Epsilon Messtechnik, Analog Devices Inc., and Rechner Sensors.

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