Press release
Capacitive Sensors Market - Growth, Trends and Forecast 2018
Capacitive sensors are devices that enable the measurement of the position of a conductive or nonconductive surface. The high-resolution sensing ability of these sensors makes them highly popular in detection and measurement of position, proximity, acceleration, and fluid levels. Currently, capacitive sensing is widely being used in devices like mobile phones, tables, other mobile devices, laptop trackpads, and in many other applications.The market for these sensors was valued at USD 7 billion in 2012 and is expected to grow at a CAGR of 13-14% from 2012-2018. This can be attributed primarily to their increased usage in varied application areas such as position, touch, and motion sensing, as well as in capacity measurements. Also, the vast and rapidly growing consumer electronics sector has witnessed introduction of a large number of capacitive sensor-based devices thereby fuelling market growth.
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Features such as requirement of limited calibration and reduced size of the sensors have also enhanced their incorporation rate in various sensor-based devices. Major factors restraining the growth of this market are lack of innovation and product differentiation, along with the availability of optional technologies. Application of nanometer resolution provided by capacitive sensors in the field of nanotechnology indicates a new market growth opportunity.
Some of the companies in this market include Analog Devices Inc., Displax Interactive Systems, Elo Touchsystems, Micro Epsilon Messtechnik, Rechner Sensors, TPK Holding Co. Ltd., and Zytronic Plc.
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