Press release
Haptic Interface Market Size & Share - Industry Trend and Forecast 2025
The main objective of this report is to define, describe, and forecast the global “Haptic Interface ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide Haptic Interface market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Haptic Interface is a technology, which allows a human to establish a connection with an electronic device such as computers and smartphones by the body sensations and body movements. Each action of body refers to certain tasks and assist the user by giving desired result. Features such as hands free use device, digital virtual assistance and scope in the virtual reality are playing the key role in the market driver.
Tactile feedback haptic technology driven by its applications in consumer electronic devices such as smartphones and tablets. the smartphones and tablets are inbuilt with tactile feedback and the trend has been shifting to wearable devices such as smartwatches and wristbands. The market for tactile feedback haptics is also expected to be driven by the increasing demand in several applications such as gaming, automotive, and healthcare, among others.
Haptic technology has huge potential in the smartphone sector mainly because of the rise in smartphones equipped with large touch screen interfaces. The growing market for large-screen smartphones equipped with haptic technology will drive growth in the haptic technology market during the forecast period.
According to the report, the usage of smartphones and tablets has increased primarily in web-based and media-based applications, resulting in high penetration among individual customers. The demand for an interactive sensory experience by consumers drives the demand for devices with haptics.
Future of Haptics Technology Future applications of haptic technology cover a wide spectrum of human interaction with technology. Current research focuses on the mastery of tactile interaction with holograms and distant objects, which if successful may result in applications and advancements in gaming, movies, manufacturing, medical, and other industries.[The medical industry stands to gain from virtual and telepresence surgeries, which provide new options for medical care. The clothing retail industry could gain from haptic technology by allowing users to "feel" the texture of clothes for sale on the internet. Future advancements in haptic technology may create new industries that were previously not feasible or realistic.
The Haptic Interface market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Haptic Interface.
The following manufacturers are covered in this report:
AACTechnologies
AlpsElectric
NidecCorporation
CypressSemiconductor
Texas Instruments
Bluecom Co. Ltd.
On Semiconductor
Microchip
Johnson Electric
Immersion Corporation
Jinlong Machinery & Electronics Co.,LTD
Precision Microdrives Limited.
Novasentis,Inc.
MPlus Co.LTD
TDK
Jahwa
PI Ceramic
Haptic Interface Breakdown Data by Type
Hardware (Controllers, Sensors, Actuators)
Software
Haptic Interface Breakdown Data by Application
Manufacturing
Education and training
Games
Automotive
Scientific
Haptic Interface Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions
Haptic Interface Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Haptic Interface status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Haptic Interface manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Haptic Interface :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Haptic Interface market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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