The Touch Sensors Industry 2023 market is projected to showcase rapid growthe due to growth in consumer electronics, automotive systems and industrial automation. The global touch sensor market is expected to reach USD 13.30 billion by 2030, growing at a CAGR of 12.9% during 2023-2030, according to a recent report by Maximize Market Research.

The Most Market Share in the Top Five Companies

The leading competitors in the touch sensor market include the following five companies:

Texas Instruments Incorporated (TI): TI is a translation of energy efficient capacitive touch sensors for automotive and industrial applications. Its TPD2E2U06 family is a case in point of strength and accuracy. TI has a strong share in both North America and Europe, despite its more than $1.5 billion annual investment in R&D.

Synaptics Incorporated: A trailblazer in multi-touch and gesture recognition technologies, Synaptics enjoys a strong presence in Asia-Pacific driven by collaborations with prominent smartphones original equipment manufacturers (OEMs). Its innovative offering is best represented by the AI-enabled ClearPad family, while the recent, on-strategy acquisition of Broadcom’s wireless IoT business illustrates how committed it is to expanding its portfolio. Synaptics spends about $400 million a year on R&D, focusing on IoT and consumer electronics.

Infineon Technologies AG: Known for its capacitive multi-touch solutions with added security features, Infineon bolstered its capabilities with the acquisition of Cypress Semiconductor and the incorporation of CapSense technology. With the Villach facility in Austria, the company focuses on greenfield expansion in both Europe and Asia, R&D spend reaching over € 1 billion per year.

NXP Semiconductors: NXP provides an extensive array of touch sensor solutions, especially for automotive and industrial sector. Its focus on secure connection and processing solution has secured it a leading global positioning in the market.

Atmel Corporation (part of Microchip Technology): Atmel's maXTouch controllers are the most popular controller in the world among smartphones, tablets, and automotive touchscreen applications that require the lowest power and highest performance.

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Recent Mergers and Acquisitions

Some notable mergers and acquisitions in the touch sensor industry that have occurred in the past are:

Synaptics Incorporated: In October 2022, Synaptics announced the acquisition of Emza Visual Sense, an Israel-domiciled company with expertise in ultra-low-power AI for visual sensing, expanding Synaptics' edge AI portfolio.

Infineon Technologies AG: In October 2024, Infineon launched the Automotive PSoC™ Multitouch GEN8XL (IAAT818X), a next-generation touch controller for OLED and micro-LED displays measuring up to 24 inches, offering high performance and automotive EMC compliance.

Acuity Brands: Acuity Brands acquired KE2 Therm, a refrigeration control solutions company, in May 2023 to expand upon its building management system products. Acuity further consolidated its portfolio in November 2023 with the adoption of a horticultural brand from Current as part of a move towards a more comprehensive solutions offering in the lighting space.

Market Upcoming Moves

There have been a number of developments in the touch sensor market and strategic moves:

Texas Instruments — Apr-2024: TI introduced the MSP430FR2522 and MSP430FR2672 microcontroller in April, added support for capacitive touch sensing. These MCUs provide support for a variety of touch interfaces, including buttons, sliders, wheels, and proximity sensors, and are compatible with TI's CAPTIVATE-BSWP demonstration boards to facilitate the development and evaluation of touch sensing applications.

Synaptics Incorporated: Synaptics increased its headcount in Hsinchu, Taiwan to become its largest headcount facility in the world turning into a big money outlet in October 2024. Note: This expansion emphasizes strengthening engineering skills and operations to serve the rapidly expanding $24 Billion AI IoT market. Focus: Synaptics will create AI-powered Edge devices for IoT applications in consumer, automotive, enterprise, and industrial sectors. Edges out the competitionSynaptics is also ramping up touch sensing technology and its new facilities will house teams that are working on core PC touch and fingerprint sensor solutions. This investment highlights Taiwan's strategic importance in the semiconductor domain, as well as Synaptics' commitment to innovation and customer success. Synaptics also introduced the Astra AI-Native IoT Compute Platform, enabling higher edge computing performance with scalable AI solutions for IoT use cases. Also in that month, the company unveiled the Veros platform as a home for connecting high performance Bluetooth, Wi-Fi and Zigbee/Thread SoCs with every IoT edge device. In contrast, the Triton series launched by Synaptics in December 2023 is that of a 500-dpi silicon fingerprint sensor and comes with a variety of flexible package for Match-in-Sensor (MiS) biometric authentication. Core IoT R&D revenue soared 55% Year-on-Year during Synaptics Q1 2025 (ended October 7, 2023. The Cygnal IoT design pipeline increased to $3 billion, underlining its continued commitment to delivering innovative touch sensor solutions for IoT.

New Funding and Investments

New funds and investments in touch sensor companies:

Lumotive: Lumotive, a Redmond, Washington-based chip co, closed a $45 million Series B funding round in February 2025. Gates Frontier and MetaVC Partners led the round. Developing LiDAR sensors for self-driving cars and beyond, Lumotive is working to boost the power of touch sensor tech.