GLOBAL HAPTIC TECHNOLOGY MARKET 2019-2027

ICT | Semiconductor

GLOBAL HAPTIC TECHNOLOGY MARKET 2019-2027

Market By Feedback Type, Components, Application And Geography | Forecast 2019-2027

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After a detailed analysis, Triton Market Research has concluded that the haptic technology market is expected to display an upward trend in terms of revenue. In addition, it is estimated to grow at a CAGR of 14.85% during the forecasting years 2019 to 2027. The market accounted for $ 9651.39 million in 2018 and is expected to reach $ 33477.03 million by 2027.

‘Haptikos,’ the Greek word from which haptics is derived, means to come in contact. Haptic technology thus gives the user the experience of touch by using forces such as vibrations and motions. Smartphones and wearables are applications that use haptic technology on a large scale. The automotive sector is another upcoming application for the haptic market and is expected to grow in the coming years. Augmented reality (AR) and virtual reality (VR) will change the dynamics with which the business is conducted. Haptic technology forms an important component that enhances the user experience of AR and VR.

    


The haptic technology market report from Triton Market Research gives a detailed analysis of market definition, key insight, key impact analysis, Porter’s five force analysis, market attractiveness index, vendor scorecard and industry components.

The growth in the use of touch screen interfaces is driving the market. Almost all smartphones nowadays are equipped with touch screens. Haptic technology is being used by many smartphone manufacturers to enhance the way mobile phones communicate with the user. Touch screens are also used in laptops and some television sets. There will be a time when most of the electronics will have touch screen interfaces. This will provide a huge opportunity for the haptics market. Automobiles have also started to adopt a touch screen interface to control various car functions such as climate change, sunroof control, windscreen control, car lights and others.

Key opportunities, such as applications for visually impaired and holographic display products, must be leveraged to reach the projected growth. Haptic devices are widely used to help the visually impaired. Haptic technology not only permits users to touch the screen but also allows them to feel the texture on their fingertips. Haptics technology in holograms allows users to interact with holograms by using acoustic radiation pressure to receive the tactile response. In addition, the upcoming field of ultra haptics is being developed that uses ultrasonic transducers to create a range of sensations on the skin, mostly using sound waves to simulate the touch without actually touching the display.


The geographies covered for haptic technology market are:

           North America: United States and Canada

           Europe: United Kingdom, Germany, France, Italy, Spain, Russia and Rest of Europe

          Asia-Pacific: China, Japan, India, South Korea, ASEAN countries, Australia & New Zealand and Rest of Asia-Pacific

           Latin America: Brazil, Mexico and Rest of Latin America

        Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa and Rest of Middle East & Africa


The haptic technology market, in this report, is segmented as:

           Feedback Type is sub-segmented into:

o          Tactile

o          Force

           Components is sub-segmented into:

o          Actuators

o          Drivers & Controllers

o          Software

o          Others

           Application is sub-segmented into:

o          Consumer Electronics

o          Engineering

o          Gaming

o          Automotive & Transportation

o          Education & Research

o          Healthcare

o          Others

The top players engaged in the haptic technology market are Semiconductor Components Industries LLC, Texas Instruments Incorporated, Immersion, Ultraleap Limited, Synaptics, Precision Microdrives Limited, Force Dimension, Haption, 3D Systems Inc, Imagis, Johnson Electric Holdings Limited, Senseg Oy, Microchip Technology Inc, SMK Manufacturing Inc and Densitron Technologies Ltd. The strategic analysis for each of these companies in the haptic technology market is covered in detail.

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Table of Content

1. GLOBAL HAPTIC TECHNOLOGY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. TACTILE HAPTIC TECHNOLOGY LEADS THE MARKET

2.2.2. CONSUMER ELECTRONICS SEGMENT CAPTURES LARGEST MARKET SHARE

2.2.3. HD HAPTICS & ULTRA HAPTICS GIVES FURTHER PUSH TO THE MARKET

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. MARKET DRIVERS

2.7.1. INCREASED ADOPTION BY GAMING CONSOLE COMPANIES

2.7.2. GROWTH IN CONSUMER ELECTRONIC DEVICES

2.7.3. INCREASED USE OF TOUCH SCREEN INTERFACE

2.7.4. GROWING INNOVATION AND APPLICATION IN AUTOMOTIVE INDUSTRY

2.8. MARKET RESTRAINTS

2.8.1. HIGH COST OF ADOPTING THE TECHNOLOGY

2.8.2. INCREASED POWER CONSUMPTION

2.9. MARKET OPPORTUNITIES

2.9.1. APPLICATIONS FOR VISUALLY IMPAIRED

2.9.2. HOLOGRAPHIC DISPLAY PRODUCTS PROVIDE POTENTIAL APPLICATIONS

2.10. MARKET CHALLENGES

2.10.1. TECHNICAL CHALLENGES FACED BY MANUFACTURERS

3. GLOBAL HAPTIC TECHNOLOGY MARKET OUTLOOK - BY FEEDBACK TYPE

3.1. TACTILE

3.2. FORCE

4. GLOBAL HAPTIC TECHNOLOGY MARKET OUTLOOK - BY COMPONENTS

4.1. ACTUATORS

4.2. DRIVERS & CONTROLLERS

4.3. SOFTWARE

4.4. OTHERS

5. GLOBAL HAPTIC TECHNOLOGY MARKET OUTLOOK - BY APPLICATION

5.1. CONSUMER ELECTRONICS

5.2. ENGINEERING

5.3. GAMING

5.4. AUTOMOTIVE & TRANSPORTATION

5.5. EDUCATION & RESEARCH

5.6. HEALTHCARE

5.7. OTHERS

6. GLOBAL HAPTIC TECHNOLOGY MARKET – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY FEEDBACK TYPE

6.1.2. MARKET BY COMPONENTS

6.1.3. MARKET BY APPLICATION

6.1.4. COUNTRY ANALYSIS

6.1.4.1. UNITED STATES

6.1.4.2. CANADA

6.2. EUROPE

6.2.1. MARKET BY FEEDBACK TYPE

6.2.2. MARKET BY COMPONENTS

6.2.3. MARKET BY APPLICATION

6.2.4. COUNTRY ANALYSIS

6.2.4.1. UNITED KINGDOM

6.2.4.2. GERMANY

6.2.4.3. FRANCE

6.2.4.4. SPAIN

6.2.4.5. ITALY

6.2.4.6. RUSSIA

6.2.4.7. REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1. MARKET BY FEEDBACK TYPE

6.3.2. MARKET BY COMPONENTS

6.3.3. MARKET BY APPLICATION

6.3.4. COUNTRY ANALYSIS

6.3.4.1. CHINA

6.3.4.2. JAPAN

6.3.4.3. INDIA

6.3.4.4. SOUTH KOREA

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND

6.3.4.7. REST OF ASIA-PACIFIC

6.4. LATIN AMERICA

6.4.1. MARKET BY FEEDBACK TYPE

6.4.2. MARKET BY COMPONENTS

6.4.3. MARKET BY APPLICATION

6.4.4. COUNTRY ANALYSIS

6.4.4.1. BRAZIL

6.4.4.2. MEXICO

6.4.4.3. REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA

6.5.1. MARKET BY FEEDBACK TYPE

6.5.2. MARKET BY COMPONENTS

6.5.3. MARKET BY APPLICATION

6.5.4. COUNTRY ANALYSIS

6.5.4.1. UNITED ARAB EMIRATES

6.5.4.2. TURKEY

6.5.4.3. SAUDI ARABIA

6.5.4.4. SOUTH AFRICA

6.5.4.5. REST OF MIDDLE EAST & AFRICA

7. COMPETITIVE LANDSCAPE

7.1. 3D SYSTEMS INC

7.2. DENSITRON TECHNOLOGIES LTD

7.3. FORCE DIMENSION

7.4. HAPTION

7.5. IMAGIS

7.6. IMMERSION

7.7. JOHNSON ELECTRIC HOLDINGS LIMITED

7.8. MICROCHIP TECHNOLOGY INC

7.9. SEMICONDUCTOR COMPONENTS INDUSTRIES LLC

7.10. PRECISION MICRODRIVES LTD

7.11. SENSEG OY

7.12. SMK MANUFACTURING INC

7.13. SYNAPTICS

7.14. TEXAS INSTRUMENTS INCORPORATED

7.15. ULTRALEAP LIMITED

8. METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: GLOBAL HAPTIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: GLOBAL HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 4: GLOBAL HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 5: GLOBAL HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 6: GLOBAL HAPTIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 7: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 8: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 9: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 10: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 11: EUROPE HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 12: EUROPE HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 13: EUROPE HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 14: EUROPE HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 15: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 16: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 17: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 18: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 19: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 20: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 21: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 22: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 23: MIDDLE EAST AND AFRICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 24: MIDDLE EAST AND AFRICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)

TABLE 25: MIDDLE EAST AND AFRICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)

TABLE 26: MIDDLE EAST AND AFRICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: GLOBAL HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2019-2027 (IN $ MILLION)

FIGURE 5: GLOBAL HAPTIC TECHNOLOGY MARKET, BY FORCE, 2019-2027 (IN $ MILLION)

FIGURE 6: GLOBAL HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2019-2027 (IN $ MILLION)

FIGURE 7: GLOBAL HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2019-2027 (IN $ MILLION)

FIGURE 8: GLOBAL HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)

FIGURE 9: GLOBAL HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 10: GLOBAL HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)

FIGURE 11: GLOBAL HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2019-2027 (IN $ MILLION)

FIGURE 12: GLOBAL HAPTIC TECHNOLOGY MARKET, BY GAMING, 2019-2027 (IN $ MILLION)

FIGURE 13: GLOBAL HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)

FIGURE 14: GLOBAL HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2019-2027 (IN $ MILLION)

FIGURE 15: GLOBAL HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 16: GLOBAL HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 17: GLOBAL HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 18: UNITED STATES HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19: CANADA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: UNITED KINGDOM HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: GERMANY HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: FRANCE HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: SPAIN HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: ITALY HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: RUSSIA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: REST OF EUROPE HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: CHINA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: JAPAN HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: INDIA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30: SOUTH KOREA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31: ASEAN COUNTRIES HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32: AUSTRALIA & NEW ZEALAND HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: REST OF ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: BRAZIL HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35: MEXICO HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36: REST OF LATIN AMERICA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 37: UNITED ARAB EMIRATES HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 38: TURKEY HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 39: SAUDI ARABIA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 40: SOUTH AFRICA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 41: REST OF MIDDLE EAST & AFRICA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

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