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Growth Virtual And Augmented Reality Adoption Fuels Surface Haptics Technology Market Driver: Leading Transformation in the Surface Haptics Technology Market in 2025

03-25-2025 07:45 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Surface Haptics Technology Market

Surface Haptics Technology Market

How Are the key drivers contributing to the expansion of the surface haptics technology market?
The growing adoption of virtual reality (VR) and augmented reality (AR) is expected to drive the surface haptics technology market. VR immerses users in a digital world, while AR enhances the real world with digital elements, both offering immersive experiences. Surface haptics technology adds tactile feedback, enhancing these experiences. For example, a report from the UK's Department for Business and Trade in 2024 projected a 78.3% increase in spending on VR and AR by 2030, underscoring the growing demand for surface haptics in these technologies.

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What growth opportunities are expected to drive the surface haptics technology market's CAGR through 2034?
The surface haptics technology market has seen rapid growth, expected to grow from $5.01 billion in 2024 to $5.73 billion in 2025, at a CAGR of 14.5%. The growth is attributed to the increasing adoption of industrial automation, the spread of virtual and augmented reality across sectors, greater use of surface haptics technology, and its expanding applications.

The surface haptics technology market is projected to reach $9.75 billion by 2029, at a CAGR of 14.2%. Growth is driven by increased demand for enhanced user experiences, smartphone adoption, touch-based device usage, growing gaming markets, and the rise of consumer electronics. Key trends include technological advancements, immersive tech, integration into smartphones, AI integration, and innovations in tactile feedback design.

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What are the emerging trends shaping the future of the surface haptics technology market?
Companies in the surface haptics technology market are working on developing advanced solutions like haptics control surfaces, which are designed to make tactile interaction with digital content more accessible. These surfaces typically respond to user input with physical sensations or vibrations. For example, in September 2023, Densitron Technologies Limited, a UK-based tech company, introduced a 2RU haptics control surface that enhances user experience and efficiency across various industries such as broadcast and live events. The device combines haptic feedback with an ergonomic design, providing seamless interaction for complex systems and offering a more immersive experience.

Which growth-oriented segments of the surface haptics technology market are leading the industry's development?
The surface haptics technology market covered in this report is segmented -

1) By Component: Actuators, Sensors, Electronics, Other Components
2) By Feedback Type: Tactile Feedback, Force Feedback, Haptic Feedback
3) By Application: Consumer Devices, Automotive And Transportation, Education And Research, Commercial And Industrial, Healthcare, Other Applications

Subsegments:
1) By Actuators: Electromechanical Actuators, Piezoelectric Actuators, Electroactive Polymer Actuators, Ultrasonic Actuators
2) By Sensors: Force Sensors, Touch Sensors, Pressure Sensors, Vibration Sensors
3) By Electronics: Signal Processors, Power Management ICs, Controllers And Interface Circuits
4) By Other Components: Haptic Feedback Modules, Materials, Drivers And Amplifiers

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Which regions are key players in the growth of the surface haptics technology market?
North America was the largest region in the surface haptics technology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surface haptics technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the surface haptics technology market?
Major companies operating in the surface haptics technology market are Apple Inc., Samsung Electronics Co Ltd., Texas Instruments Incorporated, TDK Corporation, Infineon Technologies AG, On Semiconductor Corporation, Microchip Technology Incorporated, Johnson Electric, Cirrus Logic Inc., Synaptics Incorporated, SMK Corporation, 3D Systems Corporation, Elo Touch Solutions Inc., Actronika SAS, Ultraleap Limited, Immersion Corporation, Aito BV, Hap2u, Teslasuit, Alpine Electronics Inc., Boréas Technologies, Precision Microdrives Limited, Force Dimension, Novasentis, Tanvas Inc.

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What Is Covered In The Surface Haptics Technology Global Market Report?

•Market Size Forecast: Examine the surface haptics technology market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the surface haptics technology market for a structured understanding.
•Key Players Overview: Analyze major players in the surface haptics technology market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the surface haptics technology market.
•Segment Contributions: Evaluate how different segments drive overall growth in the surface haptics technology market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the surface haptics technology market.
•Industry Challenges: Identify potential risks and obstacles affecting the surface haptics technology market.
•Competitive Landscape: Review strategic developments in the surface haptics technology market, including expansions, agreements, and new product launches.

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