Artificial Intelligence
Capacitive Sensors Market In-Depth Analysis and Regional Forecast to 2030
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New York, April 19, 2023 (GLOBE NEWSWIRE) — According to a recent report by Reports Insights, the Capacitive Sensors market is poised for robust expansion and is anticipated to hit around US$ 41.05 Billion by 2030. The market, which was worth US$ 27.6 Billion in 2022, is expected to grow at a compound annual growth rate of 5.3% during the period 2023-2030. The report highlights factors such as the need for automation in industries, advancements in sensor technology, the demand for smart homes and buildings, stringent government regulations, and the growing demand for IoT that push the sales of capacitive sensors. Reports Insights conducted a study on the capacitive sensors market, which offers analysis on the competitive landscape, regional trends, market segmentation, and emerging technologies. The study aims to provide a comprehensive understanding of the market dynamics and factors driving its growth.
The growing demand for automotive safety features, such as collision avoidance systems and blind spot detection, is driving the capacitive sensors market. Capacitive sensors are used in these systems to detect the presence of objects and provide real-time feedback to the driver.
Capacitive sensors are expected to reduce the fatalities in manufacturing facilities by decreasing human interference between hazardous heavy industrial equipment. For instance, according to the National Safety Council, incorporating proximity sensors can help in reducing workplace fatalities caused by struck-by and caught-between injuries, which are among OSHA’s top four leading causes of such incidents.
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Increasing adoption of capacitive sensors in automotive industry for applications such as touchscreens, parking assist, and tire pressure monitoring systems will push the sales of capacitive sensors. With the increasing demand for electric and autonomous vehicles, the demand for capacitive sensors in the automotive industry is expected to grow significantly. For instance, according to the World Economic Forum, the amount of electric passenger cars powered solely by batteries in the countries of the European Union reached 1.9 million in 2021, which represents a 76% increase from the previous year, when there were 1.1 million such electric vehicles in 2020.
Capacitive Sensors Market Growth Drivers:
- Growing investments in industrial automation applications such as robotics, material handling, and assembly fuels the demand for capacitive sensors in these applications for converting physical stimulus into readable output.
- Increased demand of automotive telematics in vehicles also boosts the demand for capacitive sensors such as proximity sensors, position sensors and motion sensors for electric vehicles and advanced driver assistance systems (ADAS).
- Rising demand for consumer electronics such as smartphones, tablets, and wearables also propels the demand for capacitive sensors as touchscreen input devices.
Restraints
- Capacitive sensors have a limited sensing range, which means that they can only detect objects that are in close proximity to the sensor. This limitation can make them unsuitable for applications that require long-distance sensing.
- Capacitive sensors are also affected by environmental factors such as humidity, dust, and moisture, which can impact their performance and reliability. This can limit their adoption in applications that require robust sensors.
Competitive Landscape
As per the research, the market is dominated by leading market players such as Texas Instruments, TE Connectivity Ltd., OMRON Corporation, Infineon Technologies AG, followed by Balluff Automation India Pvt. Ltd., STMicroelectronics International N.V., and Baumer Group. The capacitive sensors market is highly competitive, with such companies competing for market share. Capacitive sensors are used in a wide range of industries such as automotive, consumer electronics, healthcare, and industrial manufacturing. The market is expected to grow at a steady pace over the next few years, driven by the increasing demand for touch-based interfaces, automation, and the Internet of Things (IoT) devices.
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| Report Attributes | Report Details |
| Market Size By 2030 | USD 41.05 Billion |
| Forecast Period | 2023-2030 |
| CAGR (2023-2030) | 5.3% |
| Base Year | 2022 |
| Study Timeline | 2017-2030 |
| Key Players | Baumer Group, Texas Instruments, Balluff Automation India Pvt. Ltd., Carlo Gavazzi, Fargo Controls Inc., TE Connectivity Ltd., Hans Turck GmbH & Co. KG, OMRON Corporation, Infineon Technologies AG, STMicroelectronics International N.V., and others. |
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| By Mounting |
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| By Housing |
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| By Application |
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| By End Use Industry |
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| Report Coverage | Company Ranking and Market Share, Regional Competitive Landscape, Growth Factors, Total Revenue Forecast, Business Strategies, and more. |
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The growing healthcare industry is also driving the capacitive sensors market. These sensors are used in medical devices to monitor vital signs, detect changes in patient condition, and provide real-time feedback to healthcare professionals. Such adoption of technology and advanced medical devices, especially in developing countries such as India, Brazil and Mexico will help population get access to improved healthcare. For instance, on March 3, 2023, the Government of India and the World Bank signed two loans worth USD 500 million each to improve and strengthen India’s healthcare sector.
The market for wearable devices such as smartwatches and fitness trackers is expected to continue to grow in the coming years. Capacitive sensors are ideal for these devices because they are small, lightweight, and highly sensitive. As the demand for wearable devices grows, the demand for capacitive sensors is also expected to witness an increase.
The development of new materials and manufacturing processes is driving the growth of the capacitive sensors market. For instance, the usage of graphene, a highly conductive and flexible material, in capacitive sensors is expected to improve their sensitivity and accuracy. In addition, the usage of additive manufacturing techniques such as 3D printing is anticipated to reduce the cost of manufacturing capacitive sensors, making them more accessible to a wider range of industries.
Key Market Takeaways
- North America is anticipated to offer favorable circumstances for the market growth in terms of revenue due to large expenditures on adoption of advanced technologies in various end-use industries.
- The global capacitive sensors market size is anticipated to reach around USD 41.05 Billion by 2030 with an amazing CAGR of 5.3% during the forecast period (2023-2030).
- Based on type, the touch sensors segment held a dominant position in 2022 and is anticipated to maintain the lead during the forecast period.
- By mounting, the flush-mountable procedure accounted for the largest shares contribution to the market growth in 2022.
- Based on housing, the metal segment accounted for highest capacitive sensors market share in 2022.
- In the context of application, the installation/handling segment contributed the largest share to the market growth and is projected to maintain the lead over the coming years.
- Based on the end use industry, the consumer electronics industry segment accounted for the largest market share contribution to the market circumstances in 2022.
- Further, rising government initiatives along with increased foreign direct investments for technology integration in major manufacturing facilities is expected to support the market growth in the Asia Pacific region.
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Recent Developments
In February 2022, STMicroelectronics announced the release of two new high-side switches, the IPS2050H and the IPS2050H-32. These switches could efficiently drive capacitive loads with high startup current and provide the option to program two different current-limit values to cater to this need.
In February 2023, TE Connectivity partnered with Preddio Technologies to improve equipment monitoring and efficiency in multiple operations. This collaboration involves integrating Preddio’s wireless technology and cloud-based analytics with TE’s low-power sensors, offering businesses of all sizes the ability to proactively identify and prevent issues while optimizing their equipment performance.
List of Major Capacitive Sensors Market Players
- Baumer Group
- Texas Instruments
- Balluff Automation India Pvt. Ltd.
- Carlo Gavazzi
- Fargo Controls Inc.
- TE Connectivity Ltd.
- Hans Turck GmbH & Co. KG
- OMRON Corporation
- Infineon Technologies AG
- STMicroelectronics International N.V.
Global Capacitive Sensors Market Segmentation:
- By Type
- Touch Sensors
- Pressure Sensors
- Motion Sensors
- Others
- By Mounting
- Flush-Mountable Procedure
- Non-Flush Mounting Procedure
- By Housing
- Metal
- Plastic
- By Application
- Machine Tools
- Graphic Machinery
- Packaging Machinery
- Installation/Handling
- Medical Devices
- Laboratory Automation
- By End Use Industry
- Automotive Industry
- Food and Beverage Industry
- Pharmaceutical Industry
- Consumer Electronics Industry
- Other End Use Industries
Key Questions Covered in the Capacitive Sensors Market Report
- How big is the current market for capacitive sensors?
- What are the major latest trends in capacitive sensors market circumstances?
- What are current driving and restricting factors and what factors will create opportunities for the market growth in coming years?
- What future projections could be used to take further strategic steps in decision-making?
- What is the current level of competition in the capacitive sensors industry, and what are the main factors that are anticipated to impact this level of competitiveness?
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Artificial Intelligence
DCI Indonesia Awarded by Frost & Sullivan for World-class Operational Excellence, Enabling Customers to Grow and Thrive, and Securing a Market-leading Position
DCI Indonesia’s expansions, backed by its focus on industry best practices, sustainability, and alignment with customer trends, reinforce its strategic advantage.
SAN ANTONIO, July 3, 2024 /PRNewswire/ — Frost & Sullivan recently analyzed the data center services industry and, based on its findings, recognized DCI Indonesia with the 2024 Company of the Year Award for a fifth consecutive time. The company is the leading data center services provider in Indonesia, offering best-in-class, scalable, and reliable data center colocation services and solutions. Its portfolio includes colocation, bare metal, physical security, data center connectivity, cooling, and power management to improve operational excellence, enabling customers to grow and thrive. The company supports a diverse client base, including global cloud service providers, major e-commerce and social media companies, telecommunication service providers, financial services industries, and enterprises from various verticals.
DCI currently offers 83 megawatts (MW) of power capacity across Cibitung, Karawang and Jakarta, where clients can directly connect with 4 of the world’s biggest cloud platforms. The DCI Indonesia Platform maximizes headcount efficiency in data center operations and provides customers with improved power usage effectiveness and energy cost stability. Furthermore, DCI offers Renewable Energy Certificates (RECs), as well as green energy from biomass and solar farms as they lead the sustainability front in the industry.
Nishchal Khorana, global vice president and program leader for ICT at Frost & Sullivan, observed, “DCI Indonesia reinforces its strategic advantage with a compelling value proposition of tailored solutions and carrier-neutral facilities–the highest Tier IV service quality, best practice AI-driven operations, and competitive pricing. The company is an established data center operator with a 100% power uptime track record for over a decade, trusted by hundreds of clients in its portfolio to house their most critical IT infrastructure.”
DCI Indonesia is a member of a global business community that meets high social and environmental impact standards. With its sterling reputation and a client-centric approach at its core, it establishes ongoing trust with customers and fosters long-lasting relationships that extend throughout the data center service lifecycle. The company generates over USD $90 million in revenue, achieving at least 25% year-on-year growth with an impressive net profit margin. Its stellar growth momentum and trajectory are a testament to its service leadership, its ability to earn client trust and loyalty, and its capability to capture market share. The company is well-positioned to drive the data center service space into its next growth phase, capturing market share and sustaining its strategic leadership in the coming years.
“DCI Indonesia pioneers the highest standards, enabling its scalable, reliable, and carrier-neutral capabilities and services to meet clients’ ever-evolving digital infrastructure needs. Backed by its focus on operational excellence and sustainability, the company continues to expand in Indonesia,” added Riana Barnard, Best Practices Research Analyst.
Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare industry participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the sector.
About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:Tarini SinghP: +91-9953764546E: [email protected]
About DCI Indonesia PT DCI Indonesia Tbk (DCI) is the first Tier IV data center in Southeast Asia that provides secure data center infrastructure services, guaranteeing a 99.999% SLA colocation or only five minutes of downtime per year. As a neutral data center operator, DCI is supported by 70+ network service providers. DCI Platform has 7 data centers in 3 locations: Cibitung, Karawang, and Jakarta with a total potential power capacity approaching 1,000 megawatts (MW).
With world-class operating standards, and equipped with state-of-the-art data center equipment, DCI provides maximum availability for customers to access their critical assets. This includes financial institutions, network service providers, e-commerce players, cloud service providers, and companies from other sectors. DCI has maintained a 100% uptime track record since its establishment. This performance stems from the proven experience of the leadership team in information technology, data center services, and infrastructure management, spanning over 25 years.
The demand for data centers in Indonesia continues to grow rapidly. DCI responds to this by committing to build sustainable data centers across its existing and new locations.
Contact:DCI MarketingE: [email protected]
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Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy
American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.
Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!”
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024
Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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