Sweft Frequency Capacitive Sensing (SFCS) technology is Projected to Witness High Growth Rate of CAGR 35% during 2017-2023

Swept Frequency Capacitive Sensing (SFCS) is an innovative sensing technology which have the capability to detect touch and the recognition of complex configurations of human hands as well as the body during touch interaction. Touch technology has been witnessing significant adoption in the smartphones devices since past decade and has turned out to be a major end users of touchscreen technology. Surge in the demand of multi-touch screen technology for advanced applications in automotive, manufacturing and healthcare sector is projected to fuel the demand for SFCS technology. Additionally, the concept of integration multi-touch displays with wireless devices for better connectivity is set to rise the demand for communication systems and touch sensing sensors including SFCS sensors.

Booming R&D investments and innovative platforms in the developed economies from North America is projected to offer enormous opportunities for the market players over the next decade and are projected to be the pioneers in the overall market. Currently, SFCS market has been limited to R&D with no patents being issued as of 2016. However, with the significant number of companies have been focusing on entering the market, the patent race is set to begin which is projected to play a key role to determine the market leaders. With the rising young population and increasing disposable income, the demand for the consumer electronics devices is rising significantly and the associated markets including touch sensors have been gaining the momentum from the past decade.

IndustryARC estimated that SFCS market is projected to grow with a CAGR of 35.30% till 2023 expected to commercialized by 2017. Surface capacitance technology is expected to dominate the market till 2023 and is projected to witness high growth during 2017-2023. Self-capacitance technology is estimated to witness brisk growth rate among other technologies owing to the low cost, long distance field projection, quick measurement and some other features. Smartphone segment is expected to dominate the market and is projected to account for over 75% of the total market value by the end of 2023.

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