Capacitive Tactile Sensor Market By Type (Projected Capacitive Tactile Sensor, Surface Capacitive Tactile Sensor), By Application (Consumer Eletronics, Automotive, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global capacitive tactile sensor market was valued at $3.87 billion in 2021 and is projected to reach $10.68 billion by 2031, registering a CAGR of 10.7% from 2022 to 2031. Capacitive tactile sensors distinguish and detect precise points of contact based on electrical impulses from a human body, often from the fingertips.
The growth of the global capacitive tactile sensor market is majorly driven by rising in government initiatives for digitalization, coupled with the rising adoption of touch-based display solutions. Further, an increase in demand for consumer electronics applications is anticipated to drive the growth of the capacitive tactile sensor market. However, the short supply of indium tin oxide, with the lack of availability of skilled workforce acts as a prime restraint of the global market. On the contrary, the surge in industrial applications of touch-based panels and equipment is anticipated to provide lucrative opportunities for the capacitive tactile sensor industry during the forecast period.
The capacitive tactile sensor market is segmented based on type, application, and region. On the basis of type, the market is divided into the surface capacitive tactile sensors and projected capacitive tactile sensors. Based on application, the market is bifurcated into consumer electronics, automotive, industrial, and others. Region-wise, the capacitive tactile sensor market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Analog Devices, Inc., Azoteq, Cypress Semiconductor Corporation, Integrated Silicon Solutions, Inc., Microchip Technology, Inc., Micro-Epsilon, NXP Semiconductors N.V., Ohmite Mfg. CO., OMRON Corporation, Renesas Electronics Corporation, ROHM Semiconductor, Semiconductor Components Industries, LLC, Semtech, Silicon Labs, Texas Instruments Incorporated, and 3M.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the capacitive tactile sensor market analysis from 2021 to 2031 to identify the prevailing capacitive tactile sensor market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the capacitive tactile sensor market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global capacitive tactile sensor market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Projected Capacitive Tactile Sensor
Surface Capacitive Tactile Sensor
By Application
Consumer Eletronics
Automotive
Industrial
Others
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Analog Devices, Inc.
Cypress Semiconductor Corporation
Infineon Technologies AG
Microchip Technology, Inc.
Micro-Epsilon
NXP Semiconductors N.V.
OMRON Corporation
Renesas Electronics Corporation
Schneider Electric
Texas Instruments Incorporated
3M
ON Semiconductor
atmel corporation
ROHM Semiconductor
ISSI
Semtech Corp.
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