Close Lucintel Chat
Didn't Find What You're Looking for?
Call us at +1972 636 5056 or write at helpdesk@Lucintel.com
Ask an Expert Provide Custom Requirements Download Sample Report Search Available Reports
  • helpdesk@Lucintel.com
  • |
  • Call Lucintel +1 972 636 5056
  • |
  • Login
  • |
  • Register
  • |
  • Search
  • |
'
...

The Impact of COVID-19 is included in Haptic Technology Market Report. Buy it today to get an advantage.

Request the impact of COVID-19 on your product or industry


Haptic Technology Market Trends and Forecast
The future of the haptic technology market looks promising with opportunities in the consumer devices, automotive & transportation, education & research, commercial & industrial, and healthcare market. The global haptic technology market is expected to grow with a CAGR of 11% to 13% from 2023 to 2028. The major drivers for this market are increasing adoption in automobile safety and rising incorporation of haptics into consumer devices.
Haptic Technology Market by Component, Feedback Type, and Application

A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope of benefits, companies researched, and other details of the haptic technology market report, please download the report brochure.
Haptic Technology Market by Segments

Haptic Technology Market by Segment
The study includes a forecast for the global haptic technology market by component, feedback type, application, and region as follows:

Haptic Technology Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
Haptic Technology Market by Feedback Type [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Tactile
  • Force
Haptic Technology Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Haptic Technology Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
  • North America
  • Europe
  • Asia Pacific  
  • The Rest of the World
List of Haptic Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies haptic technology companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the haptic technology companies profiled in this report includes.
Haptic Technology Market Insight
  • Lucintel forecasts that tactile will remain the largest segment over the forecast period due to increasing demand of devices such as smartphones and tablets.
  • Automotive and transportation grow with the highest CAGR over the forecast period due to rising demand for high performance electronic systems in hybrid electric vehicles and other automobiles.
  • Asia Pacific is expected to remain the largest region over the forecast period due to growing adoption of consumer devices owing to rising disposable income and rising adoption of advaced technologies in automobiles such as touchscreens and infotainment system
Features of Haptic Technology Market
  • Market Size Estimates: Haptic technology market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Market size by component, feedback type, and application.
  • Regional Analysis: Haptic technology market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different component, feedback type, and application, and regions for the haptic technology market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the haptic technology market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the haptic technology market size?
Answer: The global haptic technology market is expected to reach an estimated $xx billion by 2028. 
Q2. What is the growth forecast for haptic technology market?
Answer: The haptic technology market is expected to grow at a CAGR of 11% to 13% from 2023 to 2028.           
Q3. What are the major drivers influencing the growth of the haptic technology market?
Answer: The major drivers for this market are increasing adoption in automobile safety and rising incorporation of haptics into consumer devices.          
Q4. What are the major applications or end use industries for haptic technology?
Answer: The future of the haptic technology market looks promising with opportunities in the consumer devices, automotive & transportation, education & research, commercial & industrial, and healthcare market.
Q5. Who are the key haptic technology companies?
Answer: Some of the key haptic technology companies are as follows:
  • Texas Instruments
  • Johnson Electric
  • AAC Technologies
  • TDK
  • Immersion Technology
  • Haption
  • Force Dimension
  • Microchip Technology
Q6. Which haptic technology feedback type segment will be the largest in future?
Answer: Lucintel forecasts that tactile will remain the largest segment over the forecast period due to increasing demand of devices such as smartphones and tablets.
Q7. In haptic technology market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region over the forecast period due to growing adoption of consumer devices owing to rising disposable income and rising adoption of advaced technologies in automobiles such as touchscreens and infotainment system.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global haptic technology market by component (hardware and software), feedback type (tactile and force), application (commercial devices, automotive & transportation, education & research, commercial & industrial, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
 
For any questions related to haptic technology market or related to haptic technology companies, haptic technology market size, haptic technology market share, haptic technology analysis, write Lucintel analyst at email:
helpdesk@lucintel.com  we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Haptic Technology Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Haptic Technology Market by Component 
3.3.1: Hardware 
3.3.2: Software 
3.4: Global Haptic Technology Market by Feedback Type
3.4.1: Tactile 
3.4.2: Force 
3.5: Global Haptic Technology Market by Application
3.5.1: Commercial Devices
3.5.2: Automotive and Transportation
3.5.3: Education and Research
3.5.4: Commercial and Industrial
3.5.5: Healthcare
3.5.6: Others  
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Haptic Technology Market by Region
4.2: North American Haptic Technology Market
4.2.1: Market by Component: Hardware and Software
4.2.2: Market by Application: Commercial Devices, Automotive and Transportation, Education and Research, Commercial and Industrial, Healthcare, and Others
4.3: European Haptic Technology Market
4.3.1: Market by Component: Hardware and Software
4.3.2: Market by Application: Commercial Devices, Automotive and Transportation, Education and Research, Commercial and Industrial, Healthcare, and Others
4.4: APAC Haptic Technology Market
4.4.1: Market by Component: Hardware and Software
4.4.2: Market by Application: Commercial Devices, Automotive and Transportation, Education and Research, Commercial and Industrial, Healthcare, and Others
4.5: ROW Haptic Technology Market
4.5.1: Market by Component: Hardware and Software
4.5.2: Market by Application: Commercial Devices, Automotive and Transportation, Education and Research, Commercial and Industrial, Healthcare, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Haptic Technology Market by Component
6.1.2: Growth Opportunities for the Global Haptic Technology Market by Feedback Type
6.1.3: Growth Opportunities for the Global Haptic Technology Market by Application
6.1.4: Growth Opportunities for the Global Haptic Technology Market by Region 
6.2: Emerging Trends in the Global Haptic Technology Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Haptic Technology Market
6.3.3: Mergers and Acquisitions, and Joint Ventures in the Global Haptic Technology Industry
 
7. Company Profiles of Leading Players
7.1: Texas Instruments
7.2: Johnson Electric
7.3: AAC Technologies
7.4: TDK
7.5: Immersion Technology
7.6: Haption
7.7: Force Dimension
7.8: Microchip Technology
 
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Haptic Technology Market Report: Trends, Forecast and Competitive Analysis Full Report $ 4,850
150-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.