Haptic Interface Market Research Report – Forecast to 2027

Haptic Interface Market Research Report, By Technology (Tactile Feedback, Force Feedback), Operating System (Windows, Mobile OS), Application (Education & Training, Gaming Console, Automotive Industry, Military and Defense) — Forecast till 2027

ID: MRFR/SEM/1013-HCR | February 2021 | Region: Global | 110 pages

Market Overview:


The haptic interface market allows you for physical interaction with the virtual environment. This is a popular technology that performs tasks by using tactile feedback. Haptic devices display the activity on the screen by receiving signals from the motor action. The motor action receives signals from the user's body movement. There are multiple actions of the haptic interface like keyboard, trackballs, etc. The haptic interface is also used in the gloves that are developed for tracking hand movements. These are also used in the gaming joysticks, which provide vibrational feedback to the users.


The Haptic Interface Industry is used in many appli8ances that include media players, home appliances, laptops, etc. These are also used in the smartphones and feedback of the gaming controller. The gaming controlled is a haptic interface that is used in between the user and controller. The overview of the market report consists of multiple things. It includes the strengths and weaknesses of the market in the global range. Multiple factors increase the demand for the haptic interface market. Another factor that drives the haptic interface market is the increasing demand for gaming applications and advances in technology in the gaming sector. The haptic interface is used in various application areas such as automotive, education & training, healthcare, and others.


The Global Haptic Interface Market is used in various sectors that include medical and industrial fields. This is used in the health care sector for giving training to the doctors for surgical procedures. The haptic interface is complex that needs maintenance and also hamper the growth for the forecast period of 2023. The global Haptic Technology Market is expected to grow at 13.89% CAGR, witnessing substantial growth during the forecast period of 2026. 


Market Scenario:


The Haptic Interface Market Size is growing rapidly in the global world. This is the popular interface that is a combination of tactile information. This is the combination of kinesthetic information and tactile information. The tactile information is acquired by the sensors that refer to the information of the sensors. The haptic technology is recreating the sense of applying forces. This haptic interface is used to create virtual objects and control them for the simulation of computers. 


Market Segmentation:


The Haptic Interface Market Share is segmented into various segments. The market is segmented into the factors like technology, operating systems, and application. The market is divided by technology, and it is sub-segmented by feedback and force feedback. The market is also segmented according to the operating system platform, which is further sub-segmented into the windows, mobile operating system, and others. The global market report is also segmented into applications. This is further sun segmented into the manufacturing industry, gaming console, consumer electronics, military and medical, healthcare sector, etc. The market is sub-segmented into the feedback that contains force and tactile. The tactile segmentation includes the existence of tablets and laptops, mobile phones. This is also used in consumer electronics. As the popularity of smartwatches, the wrist band increases, the global market of haptic technology and increases by gaining the prominence sector. 


The Key Factors that are aspiring the Global Market:


A key pattern affecting the market is the execution of the 3D touchscreen with haptic criticism. Microsoft, for example, has created gadgets executing haptic innovation with 3D screens. This gives input to the administrators, subsequently offering the capacity to push 3D articles in a virtual space. Unexpectedly, the powerful utilization of gadgets utilizing haptic innovation is probably going to confine the market development soon. Also, specialized restrictions like handset plan and touchscreen size are probably going to restrict the market development. Likewise, the absence of mechanical mindfulness, combined with the significant expense, is anticipated to obstruct the market development.


The Regional Analysis of the Global Market:


The Haptic Technology Market is estimated to grow at a significant rate for the forecast period of 2018 to 2023. The haptic interface's geographical analysis is applied for Europe, Nory America and Asia Pacific, and the rest of the world. The Asia pacific country is expected to become a dominating region for the global haptic market because of the growing ownership of smartphones the consumer electronics. The rising demand for wearable devices also increases the growth of the haptic interface market. The market is growing for the adoption of china, japan, India, and Korea. Multiple brands also use haptic techniques and integrate them in various devices for mobile phones and gaming controller devices. These manufacturing brands are LG, Meizu, Lenovo, Samsung, Panasonic, and Sony, etc. The Asia Pacific region is also the expected and fastest-growing region for the market during the forecast period of 2026. There are many large manufacturing units available in the market that are china, India, and Japan. These regions also use the haptic interface technology for enhancing the workflow. Along with that, North America is the second-largest region for the growth of the haptic market. The advancement of technology and the presence of key factors support the growth of the interface market. 


Haptic Interface Market Market Size, (USD Billion)


Haptic Interface Market


Source: MRFR Analysis


Key Players


The prominent key players of the Haptic Technology Market Size are Google LLC (US), Apple Inc. (US), Caption SA (France), Google LLC (US), Immersion Corporation (US), AAC Technologies Holdings Inc. (China), Nuance Communications (US), 3D Systems (US), Ultrahaptics Ltd. (UK), Novasentis Inc. (US), Qualcomm Technologies, Inc (US), etc. 


The Drivers and Restraints of the Interface Market


The global market of a haptic interface application is driven by gaming and technological applications' various rising options. This is also used in the architecture and complex structure of the global haptic interface. The architecture associated with global haptic architecture is associated with the complex structure. The cost raises the because of the maintenance of global market growth. In the field of health are the haptic interface is prepared for the different surgical procedures.


The future market of the haptic interface device displays the products of holographic structure. The increasing growth of educational display technology opportunities is also available for the haptic and increased virtual reality. This industry is gaining popularity and growth because of sports, cars, and medical devices. Increasing investment in the private sector research demands the implementation of advanced haptic that is expected to grow in the upcoming future. 


The Covid-19 Analysis of the Market:


Because of the covd19 pandemic, many lives are affected worldwide. The pandemic also creates a bad impact on multiple industries. Because of the pandemic, the haptic interface market faces many challenges which affect the market growth. These factors are known as restraint factors, including a shortage in equipment, shortage in labor, and challenges for health and safety. The market revenue generation is also creating a halt because no one wants to purchase the service and invest the money in this. The pandemic not only restrains this industry but also affects the growth of private and government industries. Because of these reasons, the market demand is getting lower day by day, but still, the industrial players get up and buckle up their energy to get back the market revenue and requirements. 


What is the Haptic Technology Market?


The haptic interfaces and devices market interacts with computers, Pc and etc. The main use of haptic technology is used in aircraft. This is used to operate the control system that can be used to study human senses. The haptic technology market is segmented into the base of feedback and components. Different components are used in the haptic technology, which concludes actuators, microcontroller unit, haptic drive, etc. The actuators are an electronic device that converts the electrical energy into the mechanical energy. The haptic actuators are used for the conversion of electric signals that helps to vibrate and sense by the end-user operating products. 


The overall market report key strategies:



  • The overall market report includes the evaluation of market potential. The analyzing growth rate is getting a higher growth rate for CAGR, Volume, and value. The country-level market report produces the product types, different industry verticals, and end-user applications. 

  • The report overviews to understand the different dynamics of haptic user interface. It depicts and overviews the influence of the market and key driving factors. It also depicts the challenges and hidden opportunities.

  • The market overview also provides an in-depth insight into the competitor's performance. It offers market shares, strategies, and the product, financial benchmarking. To find out these things, the analysts perform Swot analysis and Porter's five force model. 

  • The market overview also provides the sales and distribution of channels across the geographic revenues.

  • To understand the haptic interface design supply chain, weakness, strength, and value augmentation at each step. This market report is provided to optimize the value and brand efficiency.

  • The report also provides an outlook on the market that includes the deals, partnerships, and product launch.




 



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 18 Billion
  CAGR   16%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Operating System, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Google LLC (US), Apple Inc. (US), Caption SA (France), Google LLC (US), Immersion Corporation (US), AAC Technologies Holdings Inc. (China), Nuance Communications (US), 3D Systems (US), Ultrahaptics Ltd. (UK), Novasentis Inc. (US), Qualcomm Technologies, Inc (US)
  Key Market Opportunities   The growing importance of haptic and increased virtual reality (AR & VR), as well as in sports, cars, and medical devices.
  Key Market Drivers

  • Increasing demand for gaming applications and advances in technology in the gaming sector.
  • Significant interest in private sector R&D towards the development of haptic


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    Frequently Asked Questions (FAQ) :


    North America, Europe, Asia-Pacific, and the rest of the world are the main regions mentioned in the study of the haptic interface market.

    Asia-Pacific could become the dominating region in the growing market of the haptic interface market.

    The haptic interface market consists of segments that are technology, operating systems platform, and application.

    The global market for the haptic interface will be witnessing its growth in the period of 2020 to 2027.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Rivalry

    4.1.5 Bargaining Power of Suppliers

    4.2 Value Chain/Supply Chain of Haptic Interface Market

    5 Market Overview of Haptic Interface Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Haptic Interface Market, by Technology

    7.1 Introduction

    7.2 Tactile Feedback

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.3 Force Feedback

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Haptic Interface Market, by Operating System

    8.1 Introduction

    8.2 Windows

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3 Mobile OS

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3.3 iOS

    8.3.3.1 Market Estimates & Forecast, 2020–2027

    8.3.3.2 Market Estimates & Forecast, 2020–2027

    8.3.4 Android

    8.3.4.1 Market Estimates & Forecast, 2020–2027

    8.3.4.2 Market Estimates & Forecast, 2020–2027

    8.4 Others

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Region, 2020–2027

    9. Haptic Interface Market, by Application

    9.1 Introduction

    9.2 Consumer Electronics

    9.2.1 Market Estimates & Forecast, 2020–2027

    9.2.2 Market Estimates & Forecast, by Region, 2020–2027

    9.3 Automotive Industry

    9.3.1 Market Estimates & Forecast, 2020–2027

    9.3.2 Market Estimates & Forecast, by Region, 2020–2027

    9.4 Media & Healthcare Sector

    9.4.1 Market Estimates & Forecast, 2020–2027

    9.4.2 Market Estimates & Forecast, by Region, 2020–2027

    9.5 Defense and Military

    9.5.1 Market Estimates & Forecast, 2020–2027

    9.5.2 Market Estimates & Forecast, by Region, 2020–2027

    9.6 Education & Training

    9.6.1 Market Estimates & Forecast, 2020–2027

    9.6.2 Market Estimates & Forecast, by Region, 2020–2027

    9.7 Others

    9.7.1 Market Estimates & Forecast, 2020–2027

    9.7.2 Market Estimates & Forecast, by Region, 2020–2027

    10. Haptic Interface Market, by Region

    10.1 Introduction

    10.2 North America

    10.2.1 Market Estimates & Forecast, 2020–2027

    10.2.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.2.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.2.4 Market Estimates & Forecast, by Application, 2020–2027

    10.2.5 US

    10.2.5.1 Market Estimates & Forecast, 2020–2027

    10.2.5.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.2.5.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.2.5.4 Market Estimates & Forecast, by Application, 2020–2027

    10.2.6 Mexico

    10.2.6.1 Market Estimates & Forecast, 2020–2027

    10.2.6.5 Market Estimates & Forecast, by Technology, 2020–2027

    10.2.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.2.6.4 Market Estimates & Forecast, by Application, 2020–2027

    10.2.7 Canada

    10.2.7.1 Market Estimates & Forecast, 2020–2027

    10.2.7.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.2.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.2.7.4 Market Estimates & Forecast, by Application, 2020–2027

    10.3 Europe

    10.3.1 Market Estimates & Forecast, 2020–2027

    10.3.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.3.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.3.4 Market Estimates & Forecast, by Application, 2020–2027

    10.3.5 Germany

    10.3.5.1 Market Estimates & Forecast, 2020–2027

    10.3.5.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.3.5.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.3.5.4 Market Estimates & Forecast, by Application, 2020–2027

    10.3.6 France

    10.3.6.1 Market Estimates & Forecast, 2020–2027

    10.3.6.5 Market Estimates & Forecast, by Technology, 2020–2027

    10.3.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.3.6.4 Market Estimates & Forecast, by Application, 2020–2027

    10.3.7 UK

    10.3.7.1 Market Estimates & Forecast, 2020–2027

    10.3.7.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.3.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.3.7.4 Market Estimates & Forecast, by Application, 2020–2027

    10.4 Asia-Pacific

    10.4.1 Market Estimates & Forecast, 2020–2027

    10.4.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.4.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.4.4 Market Estimates & Forecast, by Application, 2020–2027

    10.4.5 China

    10.4.5.1 Market Estimates & Forecast, 2020–2027

    10.4.5.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.4.5.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.4.5.4 Market Estimates & Forecast, by Application, 2020–2027

    10.4.6 India

    10.4.6.1 Market Estimates & Forecast, 2020–2027

    10.4.6.5 Market Estimates & Forecast, by Technology, 2020–2027

    10.4.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.4.6.4 Market Estimates & Forecast, by Application, 2020–2027

    10.4.7 Japan

    10.4.7.1 Market Estimates & Forecast, 2020–2027

    10.4.7.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.4.7.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.4.7.4 Market Estimates & Forecast, by Application, 2020–2027

    10.4.8 Rest of Asia-Pacific

    10.4.8.1 Market Estimates & Forecast, 2020–2027

    10.4.8.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.4.8.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.4.8.4 Market Estimates & Forecast, by Application, 2020–2027

    10.5 Rest of the World

    10.5.1 Market Estimates & Forecast, 2020–2027

    10.5.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.5.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.5.4 Market Estimates & Forecast, by Application, 2020–2027

    10.5.5 Middle East & Africa

    10.5.5.1 Market Estimates & Forecast, 2020–2027

    10.5.5.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.5.5.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.5.6.4 Market Estimates & Forecast, by Application, 2020–2027

    10.5.6 Latin Countries

    10.5.6.1 Market Estimates & Forecast, 2020–2027

    10.5.6.2 Market Estimates & Forecast, by Technology, 2020–2027

    10.5.6.3 Market Estimates & Forecast, by Operating System, 2020–2027

    10.5.7.4 Market Estimates & Forecast, by Application, 2020–2027

    11. Company Profiles

    11.1 Immersion Corporation

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Apple Inc.

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 3D Systems

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Ultrahaptics Ltd.

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Nuance Communications

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Novasentis Inc.

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 AAC Technologies Holdings Inc.

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Haption SA

    11.8.1 Company Overview

    11.8.5 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Google LLC

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Qualcomm Technologies, Inc

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12 Conclusion 

    LIST OF TABLES

    Table1 World Population by Major Regions (2020–2027)

    Table2 Global Haptic Interface Market, by Country, 2020–2027

    Table3 North America: Haptic Interface Market, by Country, 2020–2027

    Table4 Europe: Haptic Interface Market, by Country, 2020–2027

    Table5 Asia-Pacific Haptic Interface Market, by Country, 2020–2027

    Table6 Middle East & Africa: Haptic Interface Market, by Country, 2020–2027

    Table7 Latin America: Haptic Interface Market, by Country, 2020–2027

    Table8 North America: Haptic Interface Market, by Country

    Table9 North America: Haptic Interface Market, by Technology

    Table10 North America: Haptic Interface Market, by Operating System

    Table11 North America: Haptic Interface Market, by Application

    Table12 Europe: Haptic Interface Market, by Country

    Table13 Europe: Haptic Interface Market, by Technology

    Table14 Europe: Haptic Interface Market, by Operating System

    Table15 Europe: Haptic Interface Market, by Applications

    Table16 Asia-Pacific: Haptic Interface Market, by Country

    Table17 Asia-Pacific: Haptic Interface Market, by Technology

    Table20 Asia-Pacific Haptic Interface Market, by Operating System

    Table19 Asia-Pacific Haptic Interface Market, by Applications

    Table20 Rest of the World: Haptic Interface Market, by Country

    Table21 Rest of the World: Haptic Interface Market, by Technology

    Table22 Rest of the World: Haptic Interface Market, by Operating System

    Table27 Rest of the World: Haptic Interface Market, by Application

    LIST OF FIGURES

    FIGURE 1 Global Haptic Interface Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Haptic Interface Market

    FIGURE 4 Value Chain of Global Haptic Interface Market

    FIGURE 5 Share of Haptic Interface Market in 2020, by Country (in %)

    FIGURE 6 Global Haptic Interface Market, 2020–2027,

    FIGURE 7 Sub-segments of Technology

    FIGURE 8 Global Haptic Interface Market Size, by Technology, 2020–2027

    FIGURE 9 Share of Global Haptic Interface Market, by Technology, 2020–2027

    FIGURE 10 Global Haptic Interface Market Size, by Operating System, 2020

    FIGURE 11 Share of Global Haptic Interface Market, by Operating System, 2020–2027

    FIGURE 12 Global Haptic Interface Market Size, by Application, 2020

    FIGURE 10 Share of Global Haptic Interface Market, by Application, 2020–2027

    FIGURE 11 Share of Global Haptic Interface Market, by Operating System, 2020–2027