Pune, India, June, 2018 /press release/- Market Research Future Published a Half Cooked Research Report on Global Capacitive Stylus Market Research Report.
Capacitive Stylus is gaining popularity with the increasing demand for smart and moveable gadgets across industries. Market Research Future (MRFR) reports that the global capacitive stylus market is expected to grow at an unprecedented pace until the end of the forecast period (2017-2023). Capacitive Stylus works with an electrostatic field and works well with both iOS and Android devices.
Drivers and Restraints:
The growing demand for smart gadgets in myriad fields, chiefly in the education sector, can give a boost to the global market of capacitive stylus. One big advantage of the capacitive stylus is its ability to work on all touchscreens. Rapid urbanization has also made a significant impact on consumer behavior leading to an increase in tablets and touch-enabled laptops sale, a factor that the capacitive stylus market can capitalize on. The inclusion of Windows Ink in Windows 10 has helped in growing demand for such products.
However, there are some drawbacks. The tips are big and not accurate and consume more power. Lack of pressure sensitivity is also a major concern.
To stay in sync with continuous advancement in capacitive screens, key market players are offering the latest technology in capacitive stylus sector. Hence, they are coming up with modern designs and infusing them with multiple features. For instance, Adonit has launched a wide range of styluses, such as Adonit Pixel, Adonit Mark, Adonit Jot Pro with precise and fine tip, and Adonit Switch with a combination of both stylus and actual pen.
Wacom has designed its Bamboo Fineline fine tip smart stylus, for writing and note-taking. It provides pressure sensitivity and ergonomic design and gives a comfortable pen-like feel.
The global capacitive stylus market is segmented into by type and application.
Type-wise segmentation of capacitive stylus includes fine tip capacitive stylus and art capacitive stylus. In the fine tip segment, Adonit Jot comes at a lower price and is revolutionizing the segment by working precisely both for iOS and Android. Among the art capacitive styluses’, Nomad Brush is more like a painter’s brush and is made of aluminum with synthetic bristles. Sensu’s Artist Brush and Stylus provide the best of both worlds with its real paintbrush tip and built-in stylus tip.
By application, the market is segmented into monitors, cellular handsets, and portable media devices. Portable media devices are the market leaders owing to multi-touch motions enabling the user to use the device in diverse scenarios.
Geographical segmentation of the global capacitive stylus market includes North America, Europe, Asia Pacific and Rest of the World (RoW).
Asia Pacific is driving the sale forward by holding the maximum share of the global market. The presence of prominent players and availability of resources and technology in the region have helped Asia Pacific grow at a stellar rate.
North America is following the lead of Asia Pacific. The region has advanced technologies and quickly adopts latest innovations. With increasing number of tablet and touch notebook users, the region is experiencing a market penetration by capacitive styluses.
Europe is also experiencing rapid growth as the booming education sector of this region is creating a huge demand for capacitive styluses.
The global market of capacitive stylus appears to be highly fragmented and competitive owing to the presence of several major well-established players. Based on Market Research Future (MRFR) profiling, some of the key players of the capacitive stylus market across the world are Hunt wave Industry, ACE pen Ltd., Hanns Touch Solution, A&L manufacturing corp., DIY network, Wesco enterprises Ltd. and Box wave corp.