Touch Sensor Market Size, Share, Growth Analysis, By Application(Consumer Electronics, Home Appliances, Medical Devices, Automated Teller Machines (ATM)), By Channel(Single Channel and Multi-channel), By Flexibility(Conventional, Flexible, and Others), By Type(Resistive, Capacitive, Surface Acoustic Wave (Saw), Infrared and Optical), By Region - Industry Forecast 2024-2031

Global Touch Sensor Market size was valued at USD 5.4 Billion in 2022 and is poised to grow from USD 6.27 Billion in 2023 to USD 20.86 Billion by 2031, growing at a CAGR of 16.2% in the forecast period (2024-2031).

Touch Sensor (AFM) is a powerful technique that allows imaging of virtually any surface including polymers, ceramics, composites, glass, and biological samples. AFM is used to measure and establish a wide range of forces such as adhesion strength, magnetic properties and mechanical properties. The AFM consists of a sharp edge about 10 to 20 nm in diameter, attached to the cantilever. The front moves in response to the front–back interaction, and this motion is measured by focusing the laser beam onto a photodiode. Increasing adoption of power electron microscopes and scanning force microscopes for research and manufacturing acts as a major driving force for the global Touch Sensor market.

Moreover, atomic energy microscopes find significant application in the semiconductor field for repairing the circuits and circuit failures, raising the demand remarkably, thus driving the market development increases. Touch Sensor can further be used to characterize materials, study their composition, and other applications. Moreover, they are used in various industries such as food, law, medicine, pharmaceuticals and healthcare.