The Major Factor Driving the Capacitive Sensor Market Is the Increasing Number of Smartphone Manufacturers Worldwide
The capacitive sensor market is witnessing significant growth due to the increasing adoption of capacitive sensors in consumer electronics, such as tablets, mobile devices, smartphone, and others. For example, in November 2020, Fingerprint Cards announced the launch of a new, slim, and curved capacitive touch sensor for biometric authentication. Following the success of the FPC1540 sensor, the uniquely curved FPC1542 sensor is set to enable innovation in the latest borderless smartphone designs. Capacitive sensors are used to measure the change in position of a conductive target. These sensors are often used to detect virtually the presence or absence of an object. They can also be effective in measuring thickness, density, presence, and location of non-conductors as well.
Moreover, capacitive sensors are less expensive and are used to measure pressure, level, flow, angle position, linear position, etc. In emerging economies, demand for consumer electronics, such as smartphone, tablets, mobile devices, and others, has increased due to the increasing penetration of Internet of Things (IoT). According to the India Brand Equity Foundation, India is expected to have more than 829 million smartphone users by 2022, and with the growing internet penetration, internet users in India are expected to increase from 429.23 million as of September 2017 to 829 million by 2021. Furthermore, the major factor increasing the demand for capacitive sensors is the increasing number of smartphone manufacturers.
The growth of the capacitive sensor market is also driven by the adoption of these sensors in the healthcare industry, as several governments have mandated the use of capacitive sensors to address heat-related issues in the medical industry. For instance, in November 2019, Integrated Device Technology, Inc. launched the ZSSC3230, a new energy efficient and highly precise 18-bit sensor signal conditioner for capacitive sensor applications. Capacitive sensors can be used to measure many different physical parameters that are important to monitor the health of the patients. Therefore, various healthcare projects worldwide are using such sensors to collect efficient and accurate data and provide better care to patients, which in turn is expected to fuel the growth of the capacitive sensor market.
The ongoing research and development activities focusing on the implementation of capacitive sensors in the healthcare sector have also fueled market growth. However, due to the emergence of COVID-19 (the global pandemic), the demand for capacitive sensors has been hampered, as they are used in various end-use industries, such as oil and gas, automotive, and aerospace and defense, among others.
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