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Tactile Feedback Technology (Haptics)-Global Market Insights and Sales Trends 2024
Synopsis
The global Tactile Feedback Technology (Haptics) market size is expected to reach US$ 19660 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Tactile Feedback Technology (Haptics) in various end use industries. The expanding demands from the Automotive, Medical, Mobile Terminal (Smartphone/Tablet) and Smart Home Appliances, are propelling Tactile Feedback Technology (Haptics) market. Haptics Actuators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drivers & Controllers segment is estimated at % CAGR for the next seven-year period.
Market Drivers
Growing Demand in Consumer Electronics: Haptic actuators are widely used in consumer electronic devices like smartphones, tablets, gaming controllers, wearable devices, and VR/AR headsets to provide tactile feedback and enhance user experiences.
Adoption in Automotive Industry: The automotive sector has been incorporating haptic feedback systems in infotainment systems, touchscreens, and steering wheels to improve driver interaction and reduce distractions, contributing to enhanced safety and user satisfaction.
Virtual Reality and Augmented Reality: The increasing popularity of VR and AR applications in gaming, training, and other fields has driven the demand for haptic actuators to provide realistic touch sensations and enhance immersion.
Medical and Healthcare Applications: Haptic actuators are used in medical simulators, surgical training tools, and robotic-assisted surgery systems to offer realistic tactile feedback to healthcare professionals and trainees.
Gaming and Entertainment: In the gaming industry, haptic actuators are utilized in controllers and peripherals to create immersive and responsive gaming experiences.
Adoption in Industrial Applications: Haptic actuators find applications in industrial equipment and control panels to provide tactile feedback and improve the operator's understanding of complex machinery and processes.
Touchscreen Devices and User Interfaces: Haptic actuators are integrated into touchscreens to provide users with haptic feedback, simulating physical button presses and improving touchscreen interactions.
Wearable Devices and Smartwatches: The rise in wearable technology has led to the use of haptic actuators to provide subtle notifications and alerts to users without relying solely on visual or auditory cues.
Accessibility and Inclusive Design: Haptic actuators play a vital role in creating accessible interfaces for individuals with visual impairments, enabling them to perceive and interact with digital content through touch.
Advancements in Haptic Technology: Continuous advancements in haptic technology have led to more sophisticated and efficient haptic actuators, broadening their applications and driving market growth.
Integration with Internet of Things (IoT): Haptic actuators are being integrated into IoT devices to provide tactile feedback and haptic notifications, enhancing the overall user experience.
Wearable Health and Fitness Devices: The adoption of haptic actuators in health and fitness wearables allows for real-time feedback on biometric data, encouraging users to stay active and maintain healthy habits.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tactile Feedback Technology (Haptics), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tactile Feedback Technology (Haptics) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tactile Feedback Technology (Haptics) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tactile Feedback Technology (Haptics) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tactile Feedback Technology (Haptics) covered in this report include AAC Technologies, Alps Electric, Nidec Corporation, Cypress Semiconductor (Infineon Technologies), Texas Instruments, Bluecom, Onsemi, Microchip and Johnson Electric, etc.
The global Tactile Feedback Technology (Haptics) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AAC Technologies
Alps Electric
Nidec Corporation
Cypress Semiconductor (Infineon Technologies)
Texas Instruments
Bluecom
Onsemi
Microchip
Johnson Electric
Immersion
Vybronics
Precision Microdrives
KEMET
Mplus
Global Tactile Feedback Technology (Haptics) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tactile Feedback Technology (Haptics) market, Segment by Type:
Haptics Actuators
Drivers & Controllers
Haptics Software
Global Tactile Feedback Technology (Haptics) market, by Application
Automotive
Medical
Mobile Terminal (Smartphone/Tablet)
Smart Home Appliances
Wearable
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Tactile Feedback Technology (Haptics) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Tactile Feedback Technology (Haptics) market size is expected to reach US$ 19660 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Tactile Feedback Technology (Haptics) in various end use industries. The expanding demands from the Automotive, Medical, Mobile Terminal (Smartphone/Tablet) and Smart Home Appliances, are propelling Tactile Feedback Technology (Haptics) market. Haptics Actuators, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drivers & Controllers segment is estimated at % CAGR for the next seven-year period.
Market Drivers
Growing Demand in Consumer Electronics: Haptic actuators are widely used in consumer electronic devices like smartphones, tablets, gaming controllers, wearable devices, and VR/AR headsets to provide tactile feedback and enhance user experiences.
Adoption in Automotive Industry: The automotive sector has been incorporating haptic feedback systems in infotainment systems, touchscreens, and steering wheels to improve driver interaction and reduce distractions, contributing to enhanced safety and user satisfaction.
Virtual Reality and Augmented Reality: The increasing popularity of VR and AR applications in gaming, training, and other fields has driven the demand for haptic actuators to provide realistic touch sensations and enhance immersion.
Medical and Healthcare Applications: Haptic actuators are used in medical simulators, surgical training tools, and robotic-assisted surgery systems to offer realistic tactile feedback to healthcare professionals and trainees.
Gaming and Entertainment: In the gaming industry, haptic actuators are utilized in controllers and peripherals to create immersive and responsive gaming experiences.
Adoption in Industrial Applications: Haptic actuators find applications in industrial equipment and control panels to provide tactile feedback and improve the operator's understanding of complex machinery and processes.
Touchscreen Devices and User Interfaces: Haptic actuators are integrated into touchscreens to provide users with haptic feedback, simulating physical button presses and improving touchscreen interactions.
Wearable Devices and Smartwatches: The rise in wearable technology has led to the use of haptic actuators to provide subtle notifications and alerts to users without relying solely on visual or auditory cues.
Accessibility and Inclusive Design: Haptic actuators play a vital role in creating accessible interfaces for individuals with visual impairments, enabling them to perceive and interact with digital content through touch.
Advancements in Haptic Technology: Continuous advancements in haptic technology have led to more sophisticated and efficient haptic actuators, broadening their applications and driving market growth.
Integration with Internet of Things (IoT): Haptic actuators are being integrated into IoT devices to provide tactile feedback and haptic notifications, enhancing the overall user experience.
Wearable Health and Fitness Devices: The adoption of haptic actuators in health and fitness wearables allows for real-time feedback on biometric data, encouraging users to stay active and maintain healthy habits.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tactile Feedback Technology (Haptics), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tactile Feedback Technology (Haptics) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tactile Feedback Technology (Haptics) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tactile Feedback Technology (Haptics) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tactile Feedback Technology (Haptics) covered in this report include AAC Technologies, Alps Electric, Nidec Corporation, Cypress Semiconductor (Infineon Technologies), Texas Instruments, Bluecom, Onsemi, Microchip and Johnson Electric, etc.
The global Tactile Feedback Technology (Haptics) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AAC Technologies
Alps Electric
Nidec Corporation
Cypress Semiconductor (Infineon Technologies)
Texas Instruments
Bluecom
Onsemi
Microchip
Johnson Electric
Immersion
Vybronics
Precision Microdrives
KEMET
Mplus
Global Tactile Feedback Technology (Haptics) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tactile Feedback Technology (Haptics) market, Segment by Type:
Haptics Actuators
Drivers & Controllers
Haptics Software
Global Tactile Feedback Technology (Haptics) market, by Application
Automotive
Medical
Mobile Terminal (Smartphone/Tablet)
Smart Home Appliances
Wearable
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Tactile Feedback Technology (Haptics) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Tactile Feedback Technology (Haptics)
1.1 Tactile Feedback Technology (Haptics) Market Overview
1.1.1 Tactile Feedback Technology (Haptics) Product Scope
1.1.2 Tactile Feedback Technology (Haptics) Market Status and Outlook
1.2 Global Tactile Feedback Technology (Haptics) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Tactile Feedback Technology (Haptics) Market Size by Region (2018-2029)
1.4 Global Tactile Feedback Technology (Haptics) Historic Market Size by Region (2018-2023)
1.5 Global Tactile Feedback Technology (Haptics) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Tactile Feedback Technology (Haptics) Market Size (2018-2029)
1.6.1 North America Tactile Feedback Technology (Haptics) Market Size (2018-2029)
1.6.2 Europe Tactile Feedback Technology (Haptics) Market Size (2018-2029)
1.6.3 Asia-Pacific Tactile Feedback Technology (Haptics) Market Size (2018-2029)
1.6.4 Latin America Tactile Feedback Technology (Haptics) Market Size (2018-2029)
1.6.5 Middle East & Africa Tactile Feedback Technology (Haptics) Market Size (2018-2029)
2 Tactile Feedback Technology (Haptics) Market by Type
2.1 Introduction
2.1.1 Haptics Actuators
2.1.2 Drivers & Controllers
2.1.3 Haptics Software
2.2 Global Tactile Feedback Technology (Haptics) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Tactile Feedback Technology (Haptics) Historic Market Size by Type (2018-2023)
2.2.2 Global Tactile Feedback Technology (Haptics) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Tactile Feedback Technology (Haptics) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Tactile Feedback Technology (Haptics) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Tactile Feedback Technology (Haptics) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Tactile Feedback Technology (Haptics) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Tactile Feedback Technology (Haptics) Revenue Breakdown by Type (2018-2029)
3 Tactile Feedback Technology (Haptics) Market Overview by Application
3.1 Introduction
3.1.1 Automotive
3.1.2 Medical
3.1.3 Mobile Terminal (Smartphone/Tablet)
3.1.4 Smart Home Appliances
3.1.5 Wearable
3.1.6 Others
3.2 Global Tactile Feedback Technology (Haptics) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Tactile Feedback Technology (Haptics) Historic Market Size by Application (2018-2023)
3.2.2 Global Tactile Feedback Technology (Haptics) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Tactile Feedback Technology (Haptics) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Tactile Feedback Technology (Haptics) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Tactile Feedback Technology (Haptics) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Tactile Feedback Technology (Haptics) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Tactile Feedback Technology (Haptics) Revenue Breakdown by Application (2018-2029)
4 Tactile Feedback Technology (Haptics) Competition Analysis by Players
4.1 Global Tactile Feedback Technology (Haptics) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tactile Feedback Technology (Haptics) as of 2022)
4.3 Date of Key Players Enter into Tactile Feedback Technology (Haptics) Market
4.4 Global Top Players Tactile Feedback Technology (Haptics) Headquarters and Area Served
4.5 Key Players Tactile Feedback Technology (Haptics) Product Solution and Service
4.6 Competitive Status
4.6.1 Tactile Feedback Technology (Haptics) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 AAC Technologies
5.1.1 AAC Technologies Profile
5.1.2 AAC Technologies Main Business
5.1.3 AAC Technologies Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.1.4 AAC Technologies Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.1.5 AAC Technologies Recent Developments
5.2 Alps Electric
5.2.1 Alps Electric Profile
5.2.2 Alps Electric Main Business
5.2.3 Alps Electric Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.2.4 Alps Electric Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.2.5 Alps Electric Recent Developments
5.3 Nidec Corporation
5.3.1 Nidec Corporation Profile
5.3.2 Nidec Corporation Main Business
5.3.3 Nidec Corporation Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.3.4 Nidec Corporation Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.3.5 Cypress Semiconductor (Infineon Technologies) Recent Developments
5.4 Cypress Semiconductor (Infineon Technologies)
5.4.1 Cypress Semiconductor (Infineon Technologies) Profile
5.4.2 Cypress Semiconductor (Infineon Technologies) Main Business
5.4.3 Cypress Semiconductor (Infineon Technologies) Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.4.4 Cypress Semiconductor (Infineon Technologies) Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.4.5 Cypress Semiconductor (Infineon Technologies) Recent Developments
5.5 Texas Instruments
5.5.1 Texas Instruments Profile
5.5.2 Texas Instruments Main Business
5.5.3 Texas Instruments Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.5.4 Texas Instruments Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.5.5 Texas Instruments Recent Developments
5.6 Bluecom
5.6.1 Bluecom Profile
5.6.2 Bluecom Main Business
5.6.3 Bluecom Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.6.4 Bluecom Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.6.5 Bluecom Recent Developments
5.7 Onsemi
5.7.1 Onsemi Profile
5.7.2 Onsemi Main Business
5.7.3 Onsemi Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.7.4 Onsemi Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.7.5 Onsemi Recent Developments
5.8 Microchip
5.8.1 Microchip Profile
5.8.2 Microchip Main Business
5.8.3 Microchip Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.8.4 Microchip Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.8.5 Microchip Recent Developments
5.9 Johnson Electric
5.9.1 Johnson Electric Profile
5.9.2 Johnson Electric Main Business
5.9.3 Johnson Electric Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.9.4 Johnson Electric Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.9.5 Johnson Electric Recent Developments
5.10 Immersion
5.10.1 Immersion Profile
5.10.2 Immersion Main Business
5.10.3 Immersion Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.10.4 Immersion Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.10.5 Immersion Recent Developments
5.11 Vybronics
5.11.1 Vybronics Profile
5.11.2 Vybronics Main Business
5.11.3 Vybronics Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.11.4 Vybronics Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.11.5 Vybronics Recent Developments
5.12 Precision Microdrives
5.12.1 Precision Microdrives Profile
5.12.2 Precision Microdrives Main Business
5.12.3 Precision Microdrives Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.12.4 Precision Microdrives Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.12.5 Precision Microdrives Recent Developments
5.13 KEMET
5.13.1 KEMET Profile
5.13.2 KEMET Main Business
5.13.3 KEMET Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.13.4 KEMET Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.13.5 KEMET Recent Developments
5.14 Mplus
5.14.1 Mplus Profile
5.14.2 Mplus Main Business
5.14.3 Mplus Tactile Feedback Technology (Haptics) Products, Services and Solutions
5.14.4 Mplus Tactile Feedback Technology (Haptics) Revenue (US$ Million) & (2018-2023)
5.14.5 Mplus Recent Developments
6 North America
6.1 North America Tactile Feedback Technology (Haptics) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Tactile Feedback Technology (Haptics) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Tactile Feedback Technology (Haptics) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Tactile Feedback Technology (Haptics) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Tactile Feedback Technology (Haptics) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Tactile Feedback Technology (Haptics) Market Dynamics
11.1 Tactile Feedback Technology (Haptics) Industry Trends
11.2 Tactile Feedback Technology (Haptics) Market Drivers
11.3 Tactile Feedback Technology (Haptics) Market Challenges
11.4 Tactile Feedback Technology (Haptics) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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