PUBLISHER: Allied Market Research | PRODUCT CODE: 1140229
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140229
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
Key Market Segments
By Type
By Application
By Region