Global Sensors Market By Sensor Type (Single Touch Sensor, Multi-Touch Sensor, And Fingerprint Sensor), End-Use Application (Consumer Electronics, Automotive & Aerospace, And Other Industries), and Region - Global Forecast to 2029

The Sensors Market report has been segmented on the basis of sensor type, end-use application, and region.

Request Covid - 19 Impact

Sensors Market Overview:

“The Sensors Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

A touch sensor is a device that captures and records physical touch or objects. It enables a device to detect touch, usually by a human operator and records the same.

It mainly works when an individual touches the touch panel. A touch sensor is more sensitive than a button or a manual control device and is used as a mode to take the input of the user.

A touch sensor is reliable and convenient to use as it does not require any mechanical motion such as mechanical controls and switches.

It is also known as a tactile sensor or touch detector, which is used in various applications such as home appliances, cellular handsets, portable media devices, gaming controllers, public information displays, and others.

Report Coverage and Deliverables

PDF report and online dashboard will help you understand:

• Competitive benchmarking
• Market forecasts
• Company market shares
• Market opportunities
• Latest trends & dynamics

Request a Free Sample Copy

View Infographic

Some types of sensors available include single touch, multi-touch, and fingerprint sensors. A single touch only has to be touched once by an object, while a multi-touch sensor allows the object to detect multiple touches.

During the early stage of touch screen technology, devices were limited to single touch by supporting the input from a single touch — for instance, a single touch on the screen to open the app on smartphones. Unlike single touch, multi-touch uses two or more simultaneous touch-based commands.

For instance, multi-touch is the pinch of zoom feature that is found in the touchscreens of smartphones, laptops,s or tablets. Conversely, a fingerprint scanner recognizes and authenticates the fingerprints of registered individuals.

Sensors Market Dynamics:

Continuous advancements in technology, particularly a significant advent of multi-touch sensors from single-touch devices, is one among some of the major factors driving the adoption of this novel technology.

The rising popularity of smartphones among individuals of all age groups and shifting preference from manual keypad phones to touchscreen phones is expected to result in higher adoption of sensors. This is expected to drive the growth of the sensors market in the next few years.

The increasing application of touch sensors in different industries such as consumer electronics, automotive, aerospace, government & military, healthcare, and others along with several benefits related to the use of touch sensors is expected to have a positive impact on the growth of the global sensors market.

Security systems rely on smart and intelligent sensor technologies, and hence sensors have become an essential part of military security systems. These sensors are integrated with smart features and are reliable, flexible, multifunctional, and fully secured.

Therefore, the government and defense of various countries are adopting touch sensors for high and critical security assets, which is expected to drive the growth of the target market.

Demand for consumer electronic devices such as convertible laptops, tablets, and TVs is increasing significantly, and in turn, is expected to encourage leading companies to expand their existing production capacity and set up new production facilities.

This in turn is expected to drive the growth of the global sensors market. Robust growth of the automotive industry, with the amalgamation of several sensors in applications ranging from engines to electronic control units, as well as in communication control, emission control, engine fault diagnosis, and electronic control units is another major factor expected to drive market growth in the next 10 years.

Moreover, the advent of autonomous vehicles is expected to lead to the adoption of a higher number of various sensors, thereby propelling the market growth.

Rapid growth in the pharmaceutical industry, especially in emerging economies, coupled with the adoption of sensors in various equipment are additional factors expected to support the growth of the target market.

The adoption of touch sensors is increasing rapidly in medical devices for various applications in scanning, imaging, lab information safety, and patient ID security, which require a high level of security.

Global Sensors Market Segment Analysis:

By Sensor Type:

Among the sensor type segments, the multi-touch sensor segment is projected to account for the majority of revenue share, and register a CAGR of over 13.3% over the forecast period.

By End-use Application:

Among the application segments, the consumer electronics segment is projected to account for the majority of revenue share, and register a CAGR of 13.2% over the forecast period.

Global Sensors Market Regional Analysis: 

The market in North America currently accounts for the highest revenue share among the regional markets, followed by Europe, Asia Pacific, and the Middle East & Africa respectively.

The Asia Pacific market is projected to register the highest CAGR of over 13.1% in the global sensors market.

Global Sensors Market Segmentation: 

By Sensor Type:

• Single Touch Sensor
• Multi-Touch Sensor
• Fingerprint Sensor

By End-use Application:

• Consumer Electronics
• Automotive & Aerospace
• Government & Military
• Healthcare
• Commercial & BFSI
• Other Industries

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa