Global Automotive Haptic Technology Market Will grow at a CAGR of 15.64% over Forecast 2015-2019

Albany, NY, Nov 08: Haptics is a tactile feedback technology that uses the sense of touch by applying forces and vibrations motions to users. Through this technology, consumers are able to perceive touch sensations when using electronic devices. Haptics are enabled by actuators and are embedded in electronic devices; it makes the user experience more physical and realistic. Automotive systems are becoming complex and also the major car manufacturers are trying to come up with differentiating features for their respective products. Automotive designers are integrating innovative interface solutions that can support dynamic interfaces. There has been an increase in the usage of haptics provided as a unique solution for user interface by automobile manufacturers.

The global automotive haptic technology market to grow at a CAGR of 15.64% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global automotive haptic technology market for the period 2015-2019. Technavio's report, Global Automotive Haptic Technology Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key vendor: Technology provider
- Immersion
- Key vendor: Component supplier

Atmel
- Cypress Semiconductor
- Johnson Electric
- Konghong
- Microchip Technology
- Texas Instruments

Key vendor:
- System integrator
- Alps Electric
- Continental
- Daesung
- Marquardt
- Methode Electronics
- Panasonic
- SMK
- Tokai Rika
- Valeo
- Visteon

Key market driver
- Increased need to improve driver and passenger safety
- For a full, detailed list, view our report

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Key questions answered in this report:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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