Monday, 25 January 2021

Haptic Technology Market Size & Growth

 

 

The Global Haptic Technology Market registered a significant CAGR value of 11.96 percent between 2021-2026. Haptics is a technology involved in transmitting and understanding information through touch. The haptics is used to define tactile feedback. The growing integration of haptics in electronic devices, technological adoption in the medical industry, and development in vehicle security applications are the major factors positively impacting the market. The increasing demand for touchscreens, along with growing gaming applications are boosting the market growth. The technology offers various benefits such as increased accuracy, speed, and improve user satisfaction among others. However, the high cost of technology and technical challenges related to product design are hampering the market growth.

Browse 155 Market Data Tables and 117 Figures spread through 185 Pages and in-depth TOC on " Haptic Technology Market - Forecast to 2026

https://www.globalmarketestimates.com/market-report/global-haptic-technology-market-2630

By Component (Hardware, Software), By Feedback Type (Tactile, Force), By Application (Consumer Devices, Automotive & Transportation, Healthcare, Commercial & Industrial, Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Key Market Insights

·       The global haptics market will have a high penetration rate between the forecast period, due to the growing adoption of technology among end-users

·       Based on the component analysis the software will be the trending segment and holds the maximum share in the global market.

·       The automotive & transportation segment will register a high growth rate and follow the trend between the forecast period 2021-2026

·       Key players operating in the market include are Texas Instruments, Johnson Electric, Aac Technologies, TDK, Microchip Technology, Immersion, On Semiconductor, Precision Microdrives, Ultraleap, Synaptics, Aito Bv, Alps Alpine, Cirrus Logic, Dialog Semiconductor, Hap2u, Imagis, and Infineon among others.

Browse the Report https://www.globalmarketestimates.com/market-report/global-haptic-technology-market-2630

  Component Outlook (Revenue, USD Billion, 2020-2026)

·       Software

·       Hardware

Feedback Type Size Outlook (Revenue, USD Billion, 2020-2026)

·       Tactile

·       Force

Application Size Outlook (Revenue, USD Billion, 2020-2026)

·       Consumer Devices

·       Automotive & Transportation

·       Healthcare

·       Commercial & Industrial

·       Others

Regional Outlook (Revenue, USD Billion, 2020-2026)

North America                                                                                 

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

Central & South America

  • Brazil
  • Argentina
  • Rest of CSA

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of MEA

Contact: Tracy Simon

Email address: tracy.simon@globalmarketestimates.com

Phone Number: +16026667238

Website: https://www.globalmarketestimates.com/

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