Haptic Technology Market Research Report- Global Forecast 2023

Haptic Technology Market Research Report- Global Forecast 2023

ID: MRFR/ICT/2694-HCRR | December, 2017 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Haptic Technology Market, By Component (Actuators, Drivers & Controllers, Software) By Feedback (Tactile, Force) and Application (Consumer Electronics, Research & Education, Gaming, Healthcare, Engineering) - Forecast 2023



Market Synopsis of
Haptic Technology Market:


Market Scenario:


Haptic is derived from the Greek word "haptesthai" which means to touch. Haptic is a combination of tactile information and kinesthetic information. Tactile information refers to the information acquired by the sensors connected to the body whereas, kinesthetic information refers to the information acquired by the sensors in the joints. Haptic technology deals with recreating the sense of touch by applying forces to it like vibrations or motions. It helps in creating virtual objects and controlling them in computer simulation.


Major factors driving the growth of haptic technology market is the increasing adoption of haptics technology into consumer electronics like mobile phones and tablets, gaming consoles, automotive sector and many others. Haptic devices have integrated tactile devices that measure the force exerted by users. Haptics provides with an enhanced user interface by taking the user experience to a whole new level.


Haptic technology market has been segmented on the basis of component, feedback and application. The component segment is further bifurcated into actuators, drivers and controllers, software and others. Out of which, the software component is expected to grow at the highest CAGR during the forecast period. This owing to the increasing adoption of haptics software in to various applications like gaming, automotive, healthcare, wearables and virtual reality among others.


Global Haptic Technology Market is expected to grow at approx. USD 22 Billion by 2023, at 16% of CAGR between 2017 and 2023.



Study Objectives of
Haptic Technology Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the haptic technology market.

  • To provide insights about factors affecting the market growth.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future perspective.

  • To provide country level analysis of the market for segmentation on the basis of component, feedback and application.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for haptic technology market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the haptic technology market.



Haptic Technology Market


Haptic Technology Market

Key Players:


The prominent players in haptic technology market are – Immersion Corporation (U.S.), Texas Instruments Incorporated (U.S.), Ultrahaptics (U.K.), Haption S.A. (France), ON Semiconductor Corporation (U.S.), Johnson Electric (Hong Kong), SMK Corporation (Japan), Microchip Technologies Incorporated (U.S.), Synaptics Incorporated (U.S.), Force Dimension (Switzerland) among others.


Segments:


Haptic technology market can be segmented on the basis of following:


By Component



  • Actuators

  • Drivers & Controllers

  • Software

  • Others



By Feedback



  • Tactile

  • Force



By Application



  • Consumer Electronics

  • Automation & Transportation

  • Education & Research

  • Gaming

  • Healthcare

  • Engineering

  • Others



Regional Analysis:


The regional analysis of haptic technology market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Asia Pacific is estimated to account for the largest share of the market, whereas North America is projected to grow at the fastest rate during the forecast period. The major growth in haptic technology market in Asia Pacific is attributed to technical advancements and increasing demand for mobiles and tablets in that region.



Intended Audience



  • Haptic technology investors

  • Haptic technology solution providers

  • Haptic technology-related service providers

  • Research/Consultancy firms

  • Government and corporate offices

  • Venture capitalists, private equity firms, and start-up companies

  • Distributors and traders

  • Forums, alliances, and associations

TABLE OF CONTENTS

1    MARKET INTRODUCTION

      1.1    INTRODUCTION    

      1.2    SCOPE OF STUDY

            1.2.1    RESEARCH OBJECTIVE

            1.2.2    ASSUMPTIONS

            1.2.3    LIMITATIONS

      1.3    MARKET STRUCTURE

2    RESEARCH METHODOLOGY

      2.1    RESEARCH TYPE

      2.2    PRIMARY RESEARCH

      2.3    SECONDARY RESEARCH

      2.4    FORECAST MODEL

            2.4.1    MARKET DATA COLLECTION, ANALYSIS & FORECAST

            2.4.2    MARKET SIZE ESTIMATION

3    MARKET DYNAMICS 

      3.1    INTRODUCTION

      3.2    MARKET DRIVERS

      3.3    MARKET CHALLENGES

      3.4    MARKET OPPORTUNITIES 

      3.5    MARKET RESTRAINTS

4    EXECUTIVE SUMMARY 

5.    MARKET FACTOR ANALYSIS

      5.1    PORTER’S FIVE FORCES ANALYSIS

      5.2    SUPPLY CHAIN ANALYSIS

6    HAPTIC TECHNOLOGY MARKET, BY SEGMENTS

      6.1    INTRODUCTION

      6.2    MARKET STATISTICS

            6.2.1    BY COMPONENT

                6.2.1.1    ACTUATOR

                6.2.1.2    DRIVERS & CONTROLLERS

                6.2.1.3    SOFTWARE

                6.2.1.4    OTHERS

            6.2.2    BY FEEDBACK

                6.2.2.1    TACTILE

                6.2.2.2    FORCE

    6.2.3    BY APPLICATION

                6.2.3.1    CONSUMER ELECTRONICS

                6.2.3.2    AUTOMATION & TRANSPORTION

                6.2.3.3    EDUCATION & RESEARCH

                6.2.3.4    GAMING

                6.2.3.5    HEALTHCARE

                6.2.3.6    ENGINEERING

                6.2.3.7    OTHERS

            6.2.4    BY REGION

                6.2.4.1    NORTH AMERICA

                6.2.4.2    EUROPE

                6.2.4.3    ASIA-PACIFIC

                6.2.4.4    REST OF THE WORLD



7    COMPETITIVE ANALYSIS

      7.1    MARKET SHARE ANALYSIS

7.2    COMPANY PROFILES

            7.2.1    IMMERSION CORPORATION (U.S.)

            7.2.2    TEXAS INSTRUMENTS INCORPORATED (U.S.)

            7.2.3    ULTRAHAPTICS (U.K.)

            7.2.4    HAPTION S.A. (FRANCE)

            7.2.5    ON SEMICONDUCTOR CORPORATION (U.S.)

            7.2.6    JOHNSON ELECTRIC (HONG KONG)

            7.2.7    SMK CORPORATION (JAPAN)

            7.2.8    MICROCHIP TECHNOLOGIES INCORPORATED (U.S.)

            7.2.9    SYNAPTICS INCORPORATED (U.S.)

            7.2.10    FORCE DIMENSION (SWITZERLAND)

            7.2.11    OTHERS



LIST OF TABLES

TABLE 1    HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 2    HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 3    HAPTIC TECHNOLOGY MARKET, BY APPLICATION

TABLE 4        HAPTIC TECHNOLOGY MARKET, BY REGIONS

TABLE 5    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 6    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 7    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 8    U.S. HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 9    U.S. HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 10    U.S. HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 11    CANADA HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 12    CANADA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 13    CANADA HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 14    GERMANY HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 15    GERMANY HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 16    GERMANY HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 17    U.K. HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 18    U.K. HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 19    U.K. HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 20    EUROPE HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 21    EUROPE HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 22    EUROPE HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 23    FRANCE HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 24    FRANCE HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 25    FRANCE HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 26    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 27    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 28    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION 

TABLE 29    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY COMPONENT

TABLE 30    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY FEEDBACK

TABLE 31    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY APPLICATION 



LIST OF FIGURES

FIGURE 1    RESEARCH TYPE

FIGURE 2    HAPTIC TECHNOLOGY MARKET, BY COMPONENT (%)

FIGURE 3    HAPTIC TECHNOLOGY MARKET, BY FEEDBACK (%)

FIGURE 4    HAPTIC TECHNOLOGY MARKET, BY APPLICATION (%)

FIGURE 5    HAPTIC TECHNOLOGY MARKET, BY REGIONS (%)

FIGURE 6    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENT (%)

FIGURE 7    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK (%)

FIGURE 8    NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION (%)

FIGURE 9    EUROPE HAPTIC TECHNOLOGY MARKET, BY COMPONENT (%)

FIGURE 10    EUROPE HAPTIC TECHNOLOGY MARKET, BY FEEDBACK (%)

FIGURE 11    EUROPE HAPTIC TECHNOLOGY MARKET, BY APPLICATION (%)

FIGURE 12    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENT (%)

FIGURE 13    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY FEEDBACK (%)

FIGURE 14    ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION (%)

FIGURE 15    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY COMPONENT (%)

FIGURE 16    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY FEEDBACK (%)

FIGURE 17    REST OF THE WORLD HAPTIC TECHNOLOGY MARKET, BY APPLICATION (%)