Surface haptics technology market is predicted to reach at a CAGR of 18.2% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Surface haptics technology market”.


The Surface Haptics Technology market is estimated to register a CAGR of 18.2% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Surface Haptics Technology market— Actronika, Haption S.A., Immersion Corporation, Microchip Technologies, Inc., On Semiconductor Corporation, SMK Corporation, Synaptics Incorporated, Tanvas, TDK Corporation, Texas Instruments Incorporated


Market Highlights


The global surface haptics technology market is accounted to register a CAGR of 18.2% during the forecast period and is estimated to reach USD 13.3 billion by 2032.


The worldwide surface haptics technology market is characterized via dynamic and strong market dynamics driven via technological advancements, increasing consumer demand for superior person reviews, and the massive adoption of haptic remarks across numerous industries. Growing emphasis on growing more immersive and tactile interactions, propelling the marketplace ahead. The growing demand for immersive technologies, specially in gaming and virtual reality programs, contributes considerably to the market's growth. The integration of floor haptics in customer electronics, such as smartphones and wearables, is turning into ubiquitous, reflecting a patron choice for more responsive and intuitive devices. Moreover, the car industry's adoption of touchscreen controls and superior human-gadget interfaces similarly fuels the call for for surface haptics, emphasizing safety and progressed consumer interfaces. With a non-stop cognizance on innovation, the worldwide Surface Haptics Technology marketplace is poised for sustained boom, pushed through a convergence of factors fostering a heightened person experience throughout multiple sectors.


Segment Analysis


The global surface haptics technology market has been segmented based on Component, and End-use Industry


Based on component, the global surface haptics technology market has been segmented into Hardware, and Software. The software segment was expected to hold the largest market share in 2022. The miniaturization of haptic components allows for the integration of tactile feedback into smaller devices without compromising performance.


Based on end-use industry, the global surface haptics technology market has been segmented into consumer electronics, retail, automotive, others. The automotive segment was expected to hold the largest market share in 2022. In the e-commerce space, surface haptics contribute to the development of more immersive and interactive virtual shopping experiences.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Surface Haptics Technology Market Research Report


Regional Analysis


The global surface haptics technology market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe surface haptics technology market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The surface haptics technology market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World surface haptics technology market comprises of Middle East, Africa, and Latin America.


The largest market share for surface haptics technology was maintained by the North American regional sector. In North America, the marketplace for Surface Haptics Technology is vibrant and dynamic, driven by way of the location's early adoption of superior technologies and a strong consumer electronics enterprise. The United States, mainly, plays a crucial role within the development and integration of haptic feedback throughout diverse applications, from smartphones to gaming consoles. The call for for immersive technology, especially within the gaming sector, fuels the growth of floor haptics. Moreover, the automobile enterprise's emphasis on in-automobile touchscreens and human-system interfaces contributes to the significant adoption of haptic feedback in North America. With a quite tech-savvy client base, the place continues to be a key market for improvements in Surface Haptics Technology.


Moreover, the Europe is a large player inside the Surface Haptics Technology marketplace, with a strong presence in automotive, commercial, and gaming sectors. Countries like Germany, France, and the UK are at the vanguard of studies and development in haptic remarks era. The automobile industry's focus on driving force safety and consumer experience has brought about the mixing of haptic comments in automobile interfaces. Additionally, the gaming industry in Europe drives the adoption of surface haptics, contributing to a more immersive gaming experience.


Additionally, the Asia Pacific vicinity is witnessing speedy growth in the Surface Haptics Technology marketplace, fueled by using the increasing penetration of smartphones, strong gaming industries, and a burgeoning automotive quarter. Countries like China, Japan, and South Korea are enormous contributors to the marketplace, with a robust awareness on purchaser electronics and generation innovation. The demand for haptic feedback in smartphones and gaming peripherals is particularly high, pushed by using a tech-savvy population.


Furthermore, the Rest of the World (RoW) vicinity, encompassing Latin America, the Middle East, and Africa, is regularly emerging as a capability marketplace for Surface Haptics Technology. While the adoption isn't as sizeable as in different regions, there may be a developing interest in haptic comments answers, specifically in packages like healthcare and business education. Latin American nations, mainly, are witnessing extended call for for haptic era in gaming and patron electronics.


Key Findings of the Study



  • The global Surface Haptics Technology market is expected to reach USD 13.3 billion by 2032, at a CAGR of 18.2% during the forecast period.

  • The increasing popularity of virtual and augmented reality applications has driven the demand for haptic feedback. Surface haptics add a tactile dimension to these immersive experiences, making them more realistic.

  • Based on component, the software segment was attributed to holding the largest market in 2022, with an approximate market share of 45-57%.

  • Actronika, Haption S.A., Immersion Corporation, Microchip Technologies, Inc., On Semiconductor Corporation, SMK Corporation, Synaptics Incorporated, Tanvas, TDK Corporation, Texas Instruments Incorporated

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