LATIN AMERICA HAPTIC TECHNOLOGY MARKET 2019-2027

ICT | Semiconductor

LATIN AMERICA HAPTIC TECHNOLOGY MARKET 2019-2027

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

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Triton Market Research has concluded that the haptic technology market in Latin America would exhibit a CAGR of 17.39% during the forecasted period 2019-2027.



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The countries reviewed in the Latin American haptic technology market are:

           Mexico

           Brazil

           Rest of Latin America

In Mexico, substantial foreign investments, the growing vehicle output, the growing videogame sector and a large number of skilled & salaried employees explain the presence of 21 OEM (original equipment manufacturer) production, including giants like Ford, Volkswagen/Audi, BMW, Mercedes-Benz, Toyota and Kia. With increasing awareness of robotic surgeries, this segment is expected to grow after the initial resistance to the new technology.

The government of Brazil has regulated favorable investment and trade policies to promote private investments. Also, it has made provisions for the investors to be exempted from taxes and customs duties on the purchase of some products and infrastructure. These initiatives have attracted huge investments in the automobile sector in the country. The development in the telecom and automotive industries, where touch screen implementation is on a large scale, is creating opportunities for the haptic technology market to bloom in the region.

Moreover, robotic surgeries are increasingly gaining popularity among the Brazilian surgeons for assistance in delicate microsurgeries. With the help of controls similar to a joystick, the doctors use advanced Da Vinci medical robots for sensitive nerve operations. These surgeries depend on advanced haptic technology for an exact feedback mechanism. The demand from the medical field will propel the market growth of haptic technology in the region further.

Microchip Technology Inc is a company that is involved in the development, manufacturing and marketing of specialized semiconductor devices for embedded control applications. The company has a broad portfolio that includes microcontrollers, various wired & wireless connectivity devices. Headquartered in Chandler, Arizona, the company has business operations in Latin America.

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Table of Content

1. LATIN AMERICA 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. LATIN AMERICA HAPTIC TECHNOLOGY MARKET OUTLOOK - BY FEEDBACK TYPE

3.1. TACTILE

3.2. FORCE

4. LATIN AMERICA HAPTIC TECHNOLOGY MARKET OUTLOOK - BY COMPONENTS

4.1. ACTUATORS

4.2. DRIVERS & CONTROLLERS

4.3. SOFTWARE

4.4. OTHERS

5. LATIN AMERICA 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. LATIN AMERICA HAPTIC TECHNOLOGY MARKET – REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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 table

TABLE 1: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

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

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

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

TABLE 6: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 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: LATIN AMERICA HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2019-2027 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 20: REST OF LATIN AMERICA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)

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