Capacitive Sensor Market Trends, Scope, Drivers, Structure and Competitive Outlook by 2025
The global capacitive sensor market grew at a CAGR of 7% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during the next five years. A capacitive sensor is an electronic device that is utilized to detect the presence or absence of objects in its proximity. These sensors are used to measure the distance of the object to calculate its current position and acceleration rate. They are extremely durable as well as reliable in nature due to which they are widely utilized across numerous industry verticals, such as automotive, aerospace, healthcare and consumer electronics. The capacitive sensor market is primarily driven by considerable growth in the consumer electronics sector. This is facilitated by the inflating disposable income levels of the masses and the increasing penetration of high-speed internet across the globe. Apart from this, the rising adoption of automation across numerous industrial processes is another major fa...