Global capacitive sensors market worth $17.89 billion by 2018

USA: According to a new market research report of "Global Capacitive Sensors Market (2013-2018) By - Sensing Applications (Touch, Motion, Pressure, Proximity); Devices (Touchpad, Buttons, Slider, Screens); Verticals (Factory Automation, Medical, Consumer Electronics, Automotive), 2013-2018" published by MarketsandMarkets is likely to grow at a CAGR of 15 percent from 2013 to 2018 and reach $17.89 billion in 2018.

The capacitive sensor is one of the booming sensing technologies in the sensors industry. Capacitive sensors are continuously replacing other sensors in different applications that are used in various industry verticals. The report covers all the major applications of the capacitive sensors; namely touch sensing, motion sensing, position sensing, and capacity measurement applications.

In different industry verticals, different capacitive sensing applications are used. The report also covers the major industry verticals like consumer electronics sector and non-consumer electronics sector. The non-consumer electronics sector is further segmented into commercial and factory automation industry. The sub-segments of each and every sector are also described in the report.

Capacitive sensors are penetrating in the overall market of level sensors, flow sensors, and position sensors. The penetration rates of the capacitive sensors along with the total available market for each application are discussed in the report.

Smartphones and tablets market is expected to boost up the sales of the capacitive touch sensors market in the present sensors industry. Reducing price of the other similar technologies like gesture recognition is expected to be a major threat for the capacitive sensors market.

The market for capacitive sensors is expected to show a linear growth in the subsequent five years because of the continuous technological advancements and improvements in the features of capacitive sensors.