Market Research Report
Capacitive Sensor Market, By Type, By Industry, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
|Published by||Coherent Market Insights||Product code||979983|
|Published||Content info||150 Pages
Delivery time: 2-3 business days
|Capacitive Sensor Market, By Type, By Industry, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027|
|Published: December 16, 2020||Content info: 150 Pages||
Capacitive Sensor Market, By Type (Touch Sensor, Motion Sensor, Position Sensor and Others), By Industry (Consumer Electronics, Food & Beverages, Oil & Gas, Healthcare, Automotive, Aerospace & Defense, Manufacturing and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.
Capacitive sensors are used for non-contact detection of metallic and non-metallic objects such as liquid, plastics, wood, and others. Capacity sensors are small, affordable, and consume less power. Capacitive sensors are used in industries such as automotive, healthcare, food & beverages, oil& gas, and others. The increasing demand for capacitive sensors from the automotive industry is expected to drive market growth during the forecast period. Capacitive sensors are used for the implementation of human-machine interface applications such as navigation and illumination control. Furthermore, governments are promoting the use of position sensors in autonomous vehicles which is expected to drive the market growth. For instance, in October 2019, the Japanese government launched a driverless taxi used as olympic transport to provide fast and safe delivery of goods to its final destination. These factors are expected to drive market growth during the forecast period.
The growing adoption of medical robots in the healthcare industry is expected to drive market growth during the forecast period. For instance, in November 2019, Toyota Motor Corporation launched Welwalk WW-2000, a specially designed robot to provide rehabilitation support to individuals with lower-limb paralysis and reduce the burden on therapists. The increasing adoption of minimally invasive surgery is providing a platform for medical robots by utilizing capacitive sensor technology. For instance, in December 2019, Apollo Hospitals Enterprise Ltd. launched a robot-assisted cardiac unit in India. Minimally invasive surgery helps patients to recover faster. Moreover, demand for medical robots is increasing due to the adoption of innovation, growing healthcare expenditure, and well-established healthcare infrastructure. Furthermore, technological advancements and the rising application of medical robots such as medical transportation, sanitation & disinfectant, surgery, and rehabilitation among others is driving the market growth.
The global capacitive sensor market is expected to witness significant growth during the forecast period owing to the increasing adoption of capacitive sensors in the healthcare industry. Capacitive sensors need less power for functioning and provide results with high accuracy. Government regulations are mandating use of capacitive sensors to detect heat-related issues in the medical industry. Various IoT projects across the world are using capacitive sensors for collecting efficient and accurate data, and also, to provide better care to patients. According to Coherent Market Insights' analysis, the medical device market has reached US$ 398,000 million in 2017 due to increasing disease incidence. According to the American Heart Association (AHA), heart disease kills around 17.3 million people annually, which is expected to increase to 23.6 million by 2030. Innovative temperature sensors are used to mitigate heat-related mortality rates.
"*" marked represents similar segmentation in other categories in the respective section.