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Haptic Touchscreen Market 2022 Top Countries Data with Future Scope, Size, Definition, Opportunities with Strategic Growth and Top Key Players Analysis and Forecasts to 2025
Latest market study on "Haptic Touchscreen Market to 2025 - Global Analysis and Forecasts by Component (Hardware and Software); Device (Telerobotic Device and Feedback Device); Interaction Type (Tactile Feedback and Forced Feedback) and Application (Consumer Electronics, Healthcare, Automotive, Digital Advertisement and Entertainment) - Global Analysis and Forecast?, the haptic touchscreen market is estimated to reach US$ 20.48 billion by 2025 from US$ 6.34 billion in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.Haptic Touchscreen Market: Competitive Landscape and Key Developments
There has been constant development in haptic touchscreen industry. Recently, immersion deployed its Touchsense technology to Lenovo android tab. whereas, the company SMK introduced capacitive touch panels and in-dash displays and connectivity for advanced automotive. Some of the leading haptic touchscreen market players are Cypress Semiconductor Corporation, Immersion Corporation, Johnson Electric Group, Cardinal IP Microchip Technology, Inc., ON Semiconductor, Precision Microdrives Limited, SMK Corporation, Senseg Ltd., Texas Instruments Incorporated and Ultrahaptics, among others.
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Haptic touchscreen market by application is segmented into consumer electronics, healthcare, automotive, Digital Advertisement and Kiosk, entertainment and others. Haptic technology has been implemented in several devices such as for vibrating notification or alerts in smartphones, input confirmation in an industrial scanner, or tension-building in a video game controller. The dominance of consumer electronics is attributed to the increasing integration of haptics into various consumer electronic devices such as tablets, smartphones, and wearable devices. Consumer electronics includes devices such as touch screen smartphones, laptops, tablets and household appliances among others.
The increased demand for better and technologically upgraded products due to rising living standard of people across the world along with companies dedicated to offer better user-machine interface to its customers is driving the market for haptic technologies in the consumer electronics market segment. However, in coming years the healthcare segment is anticipated to showcase significant growth rate in the coming years.
Haptic Touchscreen Market: Key Insights - Future Trend
Key trend which will predominantly effect the haptic touchscreen market in coming year includes rising adoption of consumer electronics with additional features for visually impaired. The Haptic technology changed the way human interact with screens of smartphone, tablets, watches, and mouse pads of laptop which can help user bring the sensation of texture, vibration, and motion to those interactions. Besides this, haptic technology also assistances visually impaired people in order to get a better understanding of their surroundings. The needs and wants of customer increase each passing day and a simple share and sync application
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Furthermore, haptic touchscreen technology is witnessing a high growth owing to its increasing applications in several new industries such as medical, ARVR, digital advertising and others. Several companies are investing in the developing of haptic touchscreen technologies to introduce better and efficient solutions for enhanced user experience.
Haptic Touchscreen Market: Segmental Overview
Haptic touchscreen market by application is segmented into consumer electronics, healthcare, automotive, Digital Advertisement and Kiosk, entertainment and others. Haptic technology has been implemented in several devices such as for vibrating notification or alerts in smartphones, input confirmation in an industrial scanner, or tension-building in a video game controller. The dominance of consumer electronics is attributed to the increasing integration of haptics into various consumer electronic devices such as tablets, smartphones, and wearable devices.
Consumer electronics includes devices such as touch screen smartphones, laptops, tablets and household appliances among others. The increased demand for better and technologically upgraded products due to rising living standard of people across the world along with companies dedicated to offer better user-machine interface to its customers is driving the market for haptic technologies in the consumer electronics market segment. However, in coming years the healthcare segment is anticipated to showcase significant growth rate in the coming years.
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Haptic touchscreen technology is witnessing a high growth owing to its increasing applications in several new industries such as medical, ARVR, digital advertising and others. Also, there are several companies in the market that are investing in development of haptic touchscreen technologies to introduce better and efficient solutions for enhanced user experience.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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