Skip to main content

Haptic and Touch Technology Market to Grow at a Remarkable Pace in the Coming Years

Haptic technology is a mechanical simulation that uses different motion, forces, and vibration to create the sense of touch in numerous electronic devices. The haptic and touch screen technology market has observed a noteworthy growth due to its application in controllers, joysticks, steering wheels, and future video games. It helps in improving the user experience by engaging light, sound, and touch.

Based on feedback, the global market for haptic and touch technology can be segmented into tactile and force. In terms of components, the market can be classified into controllers, actuators, and others. On the basis of end user industry, the global haptic technology market can be categorized into consumer electronics, aerospace & defense, automotive, healthcare, and others.

In the report, Transparency Market Report (TMR) offers a complete analysis of challenges and prospects in the global haptic and touch technology market. It also provides insight into the major segments and regions of the market.

Browse Our Report @ http://www.transparencymarketresearch.com/haptic-and-touch-technology.html

The primary drivers for the growth of the global haptic and touch technology market are rising requirements for product differentiation and growing application of touch screen technology in numerous consumer electronic goods such as in digital cameras, mobile devices, and other devices. In addition, increasing concern for driver and passenger safety in vehicles is supplementing the demand for haptic and touch technology. Fast changing technology and high cost are the crucial factors that might pose as a threat to the growth of the global haptic and touch technology market.

On the basis of feedback, the tactile segment will hold a large share of the market, and is expected to drive the market in the forecast period. The demand for this segment is high due to its varied application in consumer electronic devices such as smartphones and tablets. Presently, tactile feedback is inbuilt in practically all smartphones and tablets, and even wearable devices such as wristbands and smartwatches are slowly adopting this technology. In addition, the growth can be attributed to rising demand in several applications such as healthcare, automotive, and gaming.

In terms of end user industry, the education & research segment is pegged to grow over the said period. Due to increased incorporation of haptics into AR & VR devices, the education sector has boosted the demand for haptic and touch technology. With the aid of haptics, learning and teaching would relatively become easier as the students will get a hands-on experience of haptics, and will further help in understanding and improving their skills.

Brochure With Latest Advancements With Application @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=883

Europe, Asia Pacific, North America, and Rest of the World are the geographical segments on which the market can be based upon. Due to remarkable increase in demand for smartphones and tablets, Asia Pacific is expected to lead the market. In the forecast period, this region is predicted to register a strong CAGR. Whereas, high application in end user industry such as defense, automobile and healthcare, North America and Europe will contribute largely to the market share during the said period.


Immersion Corp, Precision Microdrives Ltd, AAC Technologies Holdings, Inc., Tactus Technology Inc., Haption SA, Johnson Electric Group, Maxim Integrated Products, Inc., Immersion Corp, Texas Instruments, Incorporated, Densitron Technologies Plc, and 3D systems are some of the prominent players in the global haptic and touch technology market.

Comments

Popular posts from this blog

Global Thin Wafer Processing and Dicing Equipment Market - A cutting-edge technology, industry survey and new business opportunities 2024

Global Thin Wafer Processing and Dicing Equipment Market: Overview Rising demand for three dimensional integrated circuit used extensively across various miniature semiconductor devices is one of the important factor anticipated to boost the demand for thin wafer processing and dicing equipment in the coming years. Three dimensional integrated circuit are increasingly adopted across various space constrained applications including portable consumer electronic devices, sensors, MEMS and industrial products as it increases the overall performance of the products in terms of speed, durability, low power consumption, light weight and memory. Moreover, three dimensional integrated circuit also helps to reduce the area of consumption in a printed circuit board and in turn enables extensive cost reduction. Thin wafer of thickness 20 um – 50 um is an integral part of the three dimensional integrated circuit technology. Thus, anticipated increasing demand for three dimensional integra...

Automotive Valves Market to Showcase Continued Growth in the Coming Years

The global  automotive valves market  is anticipated to be pampered by the soaring demand for automobiles underlining the significance of the valves in evaluating their performance. Automobiles equipped with ecofriendly and advanced engines being highly demanded are envisioned to subsequently benefit the growth of the market. Owing to the inclination of consumers toward electric automobiles, solenoid valves could welcome a growing demand in the market. The electrification of automobiles, introduction of sophisticated technology, and increased manufacturing are projected to be crucial factors important for the growth of the market. New government regulations enforced on automobile manufacturers for safeguarding the environment could augment the demand for automotive valves with the production of efficient and environment-friendly automobiles. Request A Sample Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30977 The global a...

RFID Tags Market is Expected to Grow at the Highest CAGR During the Forecast Period

Key players in the  U.S. RFID tags market  are Atmel Corporation, HID USA Corporation, Invengo Information Technology Ltd. Co., and NXP Semiconductors N.V. Competition among them and among other players are expected to heat up further over the course of next few years as they try to expand their market shares both via the inorganic route of mergers and acquisitions and organic route of product development and diversification. A report on the market published by Transparency Market Research finds that it would rise at an 8.5% CAGR over the course of the forecast period starting from 2017 and ending in 2025. At this pace, the market which was valued at US$809.4 mn in 2016, will likely become worth US$1,672.5 mn by 2025-end. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24536 The two types of RFID tags available in the market are active and passive tags. Between the two, the demand for passive RFI...