According to a new report, published by KBV research, The Global Capacitive Tactile Sensor Market size is expected to reach $6.4 billion by 2028, rising at a market growth of 9.8% CAGR during the forecast period.
The Consumer Electronics segment acquired maximum revenue share in the Global Capacitive Tactile Sensor Market by Application in 2021 thereby, achieving a market value of $3.1 billion by 2028. Because of the growing integration of touch screens into other hardware applications, such as mobile phones, workstations, tablets, ATMs, office equipment, programmed electronic devices, electronic security frameworks, mechanized entryways, lifts, lights, smart TVs, and so forth, tactile sensors are primarily used in consumer Electronics applications.
The Projected segment is showcasing a CAGR of 10.6% during (2022 - 2028). The technology for projected-capacitive (PCAP) touch sensing is quickly developing to suit the sophisticated user-interface requirements of contemporary applications. Beyond these applications, there is a rising need for projected-capacitive touch solutions due to the widespread usage of multitouch and gestures in consumer products. The majority of gadgets are expected to function in a similar way to how people use their smartphones and tablets.
The Asia Pacific market dominated the Global Capacitive Tactile Sensor Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.4 Billion by 2028. The North America market is exhibiting a CAGR of 9.1% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 9.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/capacitive-tactile-sensor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Schneider Electric SE, Texas Instruments, Inc., Analog Devices, Inc., Omron Corporation, NXP Semiconductors N.V., Infineon Technologies AG, ON Semiconductor Corporation, Rohm Semiconductors Co., Ltd., Microchip Technology, Inc., and Renesas Electronics Corporation.
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