Capacitive Sensors Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 31.33 Billion |
| Market Size (2029) | USD 39.84 Billion |
| CAGR (2024 - 2029) | 4.92 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Capacitive Sensors Market Analysis
The Capacitive Sensors Market size is estimated at USD 31.33 billion in 2024, and is expected to reach USD 39.84 billion by 2029, growing at a CAGR of 4.92% during the forecast period (2024-2029).
Capacitive sensing technology is witnessing swift developments to meet modern applications' advanced user interface requirements. The increasing preference for capacitive sensors, due to their exceptional durability, superior sensitivity, and higher measurement accuracy than resistive or inductive sensors, is one of the primary factors driving the market's growth.
- The rise in automation of complex production systems has increased the demand for components capable of providing critical data related to the production process. These sensors facilitate process control in factories by detecting the presence and position of metal objects.
- Implementing 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. Additionally, the increasing factory automation of production processes is expected to spur the demand for capacitive sensors in the healthcare and automotive industries.
- The outlook of the market studied is positive. It is expected to grow significantly due to the emergence of enhanced applications in high-growth sectors, such as healthcare and machine handling. These sensors offer better price-performance than other sensors by relying on economies of scale advantages. The growth of capacitive ceramic pressure sensors has been driven by the development of medical, industrial, and automotive applications, majorly in the oil and gas, marine, and chemical industries.
- The spread of advanced electronic control systems has provided sensor users with advances in sensor accuracy, reliability, response time, robustness, miniaturization, communications capability, and efficiency. This has fueled research and development in the sensors industry, creating opportunities for technological advancements in the industrial sector. Capacitive ceramic pressure sensor manufacturers have significantly improved measurement technology for industries.
- Indium is used to make touchscreens and other smart devices, but its supply is not guaranteed long-term. Indium tin oxide is utilized in a wide range of high-tech gadgets, including touch displays, smartphones, solar panels, and smart windows. This substance is both optically transparent and electrically conductive, which are necessary for touch screens to function correctly. However, issues related to the supply shortage of indium tin oxide are estimated to challenge the market's growth studied during the forecast period.
Capacitive Sensors Market Trends
The Automotive End-user Industry is Expected to Hold Significant Market Share
- Human-machine interface technologies have witnessed a paradigm shift due to the increasing information interchange between social and various car systems. This has resulted in a surge in demand for capacitive sensors deployed to implement human-machine interface (HMI) applications, such as indoor illumination control, navigation control, etc.
- The automated vehicle will be nested with a position, humidity, temperature, and capacitive sensor, among others. These sensors are used in the infotainment system, keyless entry system, 3D gesture, interior lighting control, etc. With the increase in global automotive penetration, the demand for these sensors, including the capacitive sensor, will increase in the forecast period.
- For example, in the parking assistance system, these sensors can detect the presence of objects in the pathway of the reversing vehicle and can raise the alarm to warn the driver. These sensors also prevent collisions with pedestrians while parking, and the demand is expected to continue during the forecast period.
- The global pandemic has influenced the automotive and manufacturing industries significantly over the period of last year. The manufacturing industry shrunk significantly due to the pandemic as the industry faced unprecedented challenges in the supply chain and procurement of raw materials, which resulted in significant losses for manufacturers.
- According to OICA, In 2023, approximately 85 million motor vehicles were produced globally. This figure translates into an increase of around six percent compared with the previous year. China, Japan, and Germany were the largest producers of cars and commercial vehicles in 2022.
Asia Pacific is Expected to Hold Significant Market Share
- The established electronics industry in Asia Pacific and the 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 growing strategic collaborations in the country to boost the electric vehicle production are set to boost the market in the country. Sony Group Corporation and Honda Motor Co., Ltd. stated in March 2022 that they would continue to discuss and explore the possibility of forging a strategic alliance to usher in a new era of mobility and mobility services. The two firms have signed a memorandum of understanding outlining their intention to form a joint venture to collaborate on the development and sale of high-value-added battery electric vehicles, as well as to commercialize them in conjunction with mobility services.
- India is one of the major countries leading in electronics and automotive manufacturing sector. The country is one of the largest consumer electronics market in Asia pacific region. As stated by the India Brand Equity Foundation, Indian appliance and consumer electronics industry is expected to double to reach RUP 1.48 lakh crore (USD 18 Billion) by 2025. According to Retailers Association of India (RAI), sales of consumer electronics and appliances in the third quarter of FY21 increased by 23.5 percent, as compared with same period in the last fiscal year.
- Moreover in 2020, the Indian government targeted China with new restrictions on color television and mobile phoneswhich isset to increase their production by 5-8 percent in FY22. Furthermore, the government anticipates that the Indian electronics manufacturing sector will reach USD 300 billion by 2024–25.
- Under a national roadmap devised by the South Korean Government, Samsung Electronics Co. and SK Hynix Inc. would lead more than 510 trillion won in investment in semiconductor research and production in the years through 2030. Samsung plans to increase its spending by 30 percent to USD 151 billion by 2030, while Hynix plans to invest USD 97 billion in current facilities in addition to its USD 106 billion investment in four new factories.
Capacitive Sensors Industry Overview
The capacitive sensors market is fragmented, with the presence of major players like Fujitsu Limited, Omron Corporation, 3M Company, Analog Devices Inc., and NXP Semiconductors NV. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- May 2024: Delta Faucet Company is set to unveil its latest innovation, the Touch2O, featuring cutting-edge Touchless Technology. Unlike traditional infrared motion-activation, this Touchless Technology employs capacitive sensing. This advancement enables the faucet to detect human presence, specifically, within a four-inch range of the surface—rather than mere objects. As a result, users can swiftly activate the water while ensuring the faucet remains pristine. Additionally, the built-in TempSense LED light transitions from blue to magenta and finally to red, mirroring the rising temperature. This feature is designed to eliminate any unexpected temperature surprises or discomfort.
- November 2023 – Infineon Technologies AG introduced the PSoC 4000T family of microcontrollers (MCUs). These advanced MCUs provide a superior low-power capacitive sensing solution, featuring an excellent signal-to-noise ratio, liquid tolerance, and multi-sense capabilities, all while ensuring the highest levels of reliability and robustness. The PSoC 4000T MCUs expand the PSoC 4 product family, which is based on the Arm Cortex-M0+ architecture. They incorporate Infineon’s fifth-generation high-performance CAPSENSE capacitive sensing technology. This latest generation offers a tenfold improvement in signal-to-noise ratio performance and a tenfold reduction in power consumption compared to previous generations and competing solutions.
Capacitive Sensors Market Leaders
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Fujitsu Limited
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Omron Corporation
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3M Company
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Analog Devices
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NXP Semiconductors
*Disclaimer: Major Players sorted in no particular order
Capacitive Sensors Market News
- January 2024: Baumer has introduced the PL240 capacitive level sensor. This non-contact sensor accurately measures liquid levels in tanks, even through thick plastic walls. A key feature is its resistance to false readings caused by thin liquid films on tank walls. Additionally, the sensor allows for an air gap of up to 1 mm from the tank, making it adaptable to various mounting methods such as cable ties, screws, and adhesive tape.
- November 2023: Touch Biometrix launched its TFT capacitive fingerprint sensor. The TCAP60 device, designed as a half module, is primed for integration into security services applications. This sensor, developed in partnership with Sharp Display Technology, leverages the company's Active Pixel architecture and is fabricated by Sharp on its IGZO TFT-based substrate.
Capacitive Sensors Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Bargaining Power of Suppliers
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Value Chain Analysis
- 4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increasing Implementation of Touch Screen Displays as Human Machine Interaction Systems
- 5.1.2 Rising Usage of Scratch-resistant Non-glass Surfaces
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5.2 Market Restraints
- 5.2.1 Supply Shortage of Indium Tin Oxide
- 5.3 Technology Snapshot
6. MARKET SEGMENTATION
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6.1 By Type
- 6.1.1 Touch Sensor
- 6.1.2 Motion Sensor
- 6.1.3 Position Sensor
- 6.1.4 Other Types
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6.2 By End-user Industry
- 6.2.1 Consumer Electronics
- 6.2.2 Automotive
- 6.2.3 Aerospace and Defense
- 6.2.4 Healthcare
- 6.2.5 Food and Beverages
- 6.2.6 Oil and Gas
- 6.2.7 Other End-user Industries
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6.3 By Geography***
- 6.3.1 North America
- 6.3.1.1 United States
- 6.3.1.2 Canada
- 6.3.2 Europe
- 6.3.2.1 United Kingdom
- 6.3.2.2 Germany
- 6.3.2.3 France
- 6.3.2.4 Italy
- 6.3.3 Asia
- 6.3.3.1 China
- 6.3.3.2 Japan
- 6.3.3.3 India
- 6.3.3.4 South Korea
- 6.3.4 Latin America
- 6.3.4.1 Mexico
- 6.3.4.2 Brazil
- 6.3.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles
- 7.1.1 Fujitsu Limited
- 7.1.2 Omron Corporation
- 7.1.3 3M Company
- 7.1.4 Analog Devices Inc.
- 7.1.5 NXP Semiconductors NV
- 7.1.6 Siemens AG
- 7.1.7 Infineon Technologies AG
- 7.1.8 Texas Instruments Inc.
- 7.1.9 STMicroelectronics NV
- 7.1.10 Microchip Technology Inc.
- 7.1.11 TDK Corporation
- 7.1.12 Sony Corporation
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityCapacitive Sensors Industry Segmentation
Capacitive sensors are contact or non-contact devices that sense electrically charged objects that can detect the presence or absence of any object despite any material (metallic or non-metallic). They can even sense the non-conductors since they can be electrically charged, i.e., any object can be detected with a capacitive sensor. They can be widely used in consumer electronics, automotive, aerospace, and defense.
The capacitive sensors market is segmented by type (touch sensor, motion sensor, position sensor), by end-user industry (consumer electronics, automotive, aerospace and defense, healthcare, food and beverage, oil and gas), by geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Type | Touch Sensor | |
| Motion Sensor | ||
| Position Sensor | ||
| Other Types | ||
| By End-user Industry | Consumer Electronics | |
| Automotive | ||
| Aerospace and Defense | ||
| Healthcare | ||
| Food and Beverages | ||
| Oil and Gas | ||
| Other End-user Industries | ||
| By Geography*** | North America | United States |
| Canada | ||
| By Geography*** | Europe | United Kingdom |
| Germany | ||
| France | ||
| Italy | ||
| By Geography*** | Asia | China |
| Japan | ||
| India | ||
| South Korea | ||
| By Geography*** | Latin America | Mexico |
| Brazil | ||
| By Geography*** | Middle East and Africa |
Capacitive Sensors Market Research FAQs
How big is the Capacitive Sensors Market?
The Capacitive Sensors Market size is expected to reach USD 31.33 billion in 2024 and grow at a CAGR of 4.92% to reach USD 39.84 billion by 2029.
What is the current Capacitive Sensors Market size?
In 2024, the Capacitive Sensors Market size is expected to reach USD 31.33 billion.
Who are the key players in Capacitive Sensors Market?
Fujitsu Limited, Omron Corporation, 3M Company, Analog Devices and NXP Semiconductors are the major companies operating in the Capacitive Sensors Market.
Which is the fastest growing region in Capacitive Sensors Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Capacitive Sensors Market?
In 2024, the Asia Pacific accounts for the largest market share in Capacitive Sensors Market.
What years does this Capacitive Sensors Market cover, and what was the market size in 2023?
In 2023, the Capacitive Sensors Market size was estimated at USD 29.79 billion. The report covers the Capacitive Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Capacitive Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Capacitive Sensors Industry Report
Statistics for the 2024 Capacitive Sensors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Capacitive Sensors analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
