As the latest report furnished by Market Research Future (MRFR) states, the capacitive stylus market is on its way to gain immense popularity in the coming years, showcasing relentless growth pattern throughout the forecast period (2019-2023).
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Growth Drivers and Key Challenges
The capacitive stylus market position is on a steady rise with the surging demand, sale as well as market penetration of smartphones. Many of the electronic devices like smartphones, tablets, and connected devices comprise of capacitive touch screens. This incredible technology lets its users interact with the screen using their fingers. But the interface turns into a messy affair during the times when fingers leave traces of fingerprints on the screen.
Moreover, some users prefer pattern lock on their devices, however, in these cases, finger interface can be risky. This is due to the fact that the device is not password protected anymore when the finger trails reveal the gatekeeper. This is where a Capacitive Stylus comes in handy, where the pattern locks are required to be a protective mean like massive data stores where organizational secrets and data are stored, and of course, smartphones.
Several types of the capacitive stylus are easily available which makes use of an array of sensors for monitoring the electrostatic field around the screen. The electrical capacitance of the particular location on the screen changes where the finger touches the screen, following which the voltage fluctuation of various locations is then detected. After this, the microprocessor captures, filters, and analyzes the data for calculating and coordinating with the part which was touched by the finger. These benefits bestowed by the product has been vital in elevating the appeal of the capacitive stylus market in recent years.
The Capacitive Stylus Market is segmented on the basis of type and application.
Depending on the type, the market caters to fine tip capacitive stylus and art capacitive stylus. The fine tip segment includes Adonit Jot, which is available at a lower price, meanwhile revolutionizing the segment by functioning for iOS as well as Android. On the other hand, the art capacitive styluses’ Nomad Brush is mostly similar to a painter’s brush, made of aluminum that has synthetic bristles. Whereas, Sensu’s Artist Brush and Stylus offer the user with various benefits, with its real paintbrush tip and built-in stylus tip.
The global capacitive stylus market, application-wise, is considered for monitors, cellular handsets, and portable media devices. Out of these, the portable media devices are presumed to be the leaders in the global market, as a result of the multi-touch motions that allow the user to make use of the device in diverse scenarios.
In order to stay in sync with the constant development of capacitive screens, the prominent players in the capacitive stylus market are making continuous efforts by providing the consumer with the latest technology in the capacitive stylus sector. Thus, they are developing modern designs, infusing them with diverse features to augment their appeal among a broader consumer base. For instance, Adonit recently came up with a broad range of styluses, like Adonit Jot Pro, Adonit Mark, Adonit Pixel, with fine and precise tip, in addition to Adonit Switch that boasts of a combination of a stylus as well as an actual pen.
In addition, Wacom has created a Bamboo Fineline fine tip smart stylus that can be used for note-taking and writing. The attractive product helps provide pressure sensitivity as well as ergonomic design, providing a comfortable pen-like feel.
Based on the geographical distribution of the global capacitive stylus market, the key regions where the market will be expanding are Europe, Asia Pacific, North America, and the Rest of the World (RoW).
On the global front, the product sale is projected to be extremely high in Asia Pacific, with the region touted to be the leader among all the regions. The lavish market growth in the region is the result of the presence of well-established players coupled with the easy availability of resources and technology.
North America is making somewhat similar strides, with the regional market gaining significant momentum globally on account of the advanced technologies and rapid adoption of the latest and modern innovations. Furthermore, with the elevated number of tablets and touch-notebook users, the regional market will be noting high infiltration of capacitive styluses in the near future, further propelling the market position.
Also, the market in Europe is noting an attractive growth pattern as the flourishing education sector gives rise to the demand for capacitive styluses. The surging demand for the large screen size of smart devices will also work in favor of the market growth in the region.
The rest of the world, for instance, the Middle East and Africa will also fare moderately well backed by the rapid industrialization and steadily growing economy in the regions.
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The leading vendors in the capacitive stylus market globally include ACE pen Ltd., Hunt wave Industry, A&L manufacturing corp., Hanns Touch Solution, Box wave corp., DIY network, Wesco enterprises Ltd., among others.
February 2019 – Microsoft has come up with a new concept for making the Surface Pen more accurate. As the engineers are required to compromise with the accuracy of the stylus location and the touch scanning frequency many times, the company has a solution in tow. They are working on an idea that will help to locate an active stylus better than a capacitive touchscreen. This concept involves determining a motion vector for the pen associated with the touch sensor.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
LIST OF TABLES
Table 1 Global Capacitive Stylus Market: By Region, 2019-2023
Table 2 North America Capacitive Stylus Market: By Country, 2019-2023
Table 3 Europe Capacitive Stylus Market: By Country, 2019-2023
Table 4 Asia Pacific Capacitive Stylus Market: By Country, 2019-2023
Table 5 The Middle East & Africa Capacitive Stylus Market: By Country, 2019-2023
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LIST OF FIGURES
FIGURE 1 Global Capacitive Stylus Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Capacitive Stylus Market
FIGURE 4 Value Chain Of Global Capacitive Stylus Market
FIGURE 5 Share Of Global Capacitive Stylus Market In 2019, By Country (In %)
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