FEATURED COMPANIES
- CyberGlove Systems LLC
- Ergos-Technologies
- Haption SA
- Moog Inc.
- Novasentis, Inc.
- Quanser Inc.
Global Haptics Market to Reach $40.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Haptics estimated at US$12.9 Billion in the year 2020, is projected to reach a revised size of US$40.9 Billion by 2027, growing at a CAGR of 17.9% over the period 2020-2027. Tactile Feedback, one of the segments analyzed in the report, is projected to record 19% CAGR and reach US$25.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Force Feedback segment is readjusted to a revised 16.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 17.1% CAGR
The Haptics market in the U.S. is estimated at US$3.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2027 trailing a CAGR of 17.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 15.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.
Select Competitors (Total 34 Featured):
Amid the COVID-19 crisis, the global market for Haptics estimated at US$12.9 Billion in the year 2020, is projected to reach a revised size of US$40.9 Billion by 2027, growing at a CAGR of 17.9% over the period 2020-2027. Tactile Feedback, one of the segments analyzed in the report, is projected to record 19% CAGR and reach US$25.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Force Feedback segment is readjusted to a revised 16.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 17.1% CAGR
The Haptics market in the U.S. is estimated at US$3.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2027 trailing a CAGR of 17.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 15.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.
Select Competitors (Total 34 Featured):
- AAC Technologies Holdings Inc.
- CyberGlove Systems LLC
- Entact Robotics Inc.
- Ergos-Technologies
- Force Dimension
- Haption SA
- Immersion Corporation
- Moog Inc.
- MPB Technologies Inc.
- Murata Manufacturing Co., Ltd.
- Novasentis, Inc.
- Novint Technologies Inc.
- Quanser Inc.
- Reachin Technologies AB
- Senseg OY
- Tactical Haptics, LLC
- Tactus Technology, Inc.
- Tanvas
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- CyberGlove Systems LLC
- Ergos-Technologies
- Haption SA
- Moog Inc.
- Novasentis, Inc.
- Quanser Inc.
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- A Quick Primer
- Recent Market Activity
- Haptic Technology Developments - A Brief Review
- Market Outlook
- Impact of Covid-19 and a Looming Global Recession
- AAC Technologies Holdings Inc. (China)
- CyberGlove Systems LLC (USA)
- Entact Robotics Inc. (Canada)
- Ergos-Technologies (France)
- Force Dimension (Switzerland)
- Haption SA (France)
- Immersion Corporation (USA)
- Moog Inc. (USA)
- MPB Technologies Inc. (Canada)
- Murata Manufacturing Co., Ltd. (Japan)
- Novasentis, Inc. (USA)
- Novint Technologies Inc. (USA)
- Quanser Inc. (Canada)
- Reachin Technologies AB (Sweden)
- Senseg OY (Finland)
- Tactical Haptics, LLC (USA)
- Tactus Technology, Inc. (USA)
- Tanvas (USA)
- Haptic Technology to Boost Online Shopping Experience
- Use of Haptic Technologies in Mobile Advertisements
- Emergence of Haptics in AR and VR
- Haptics to Transform Mobile Advertising
- Haptic Technology for Maritime Applications
- Haptics in Healthcare
- Haptics in Automobiles
- Haptics in the Audio Industry
- Haptics Technology Makes inroads into Automotive and Gaming Industries
- Haptics Based Ads on the Rise
- VR and AR Applications Hold Immense Potential
- Haptics Gain at the Expense of Home Button in Smartphones
- Proliferation of Mobile Internet Drives the Need for Haptic Feedback in Mobile Devices
- Opportunity Indicators
- Skyrocketing Mobile Video Usage Drives the Business Case for Haptics
- Opportunity Indicator
- Tactile Computing Revolution Opens a New Window of Opportunity for Haptics
- Haptics Emerges As a Key Strategy for Product Differentiation
- UltraHaptics to Bring In a New Era of Touchless Touch Screens
- Demand for HD Haptics Grows in Parallel to the Need to Enhance User Experience
- Wearable Haptics to Make the First Cut Impact on Healthcare
- OEM Adoption of Morphing Touch Screen Technology to Fuel Future Growth
- Proliferation of Touchscreens, Touch Surfaces & Their Inherent UI Limitations Amplify Interest in Haptics
- Adoption of Touch Screens in Public Shared Devices: An Attractive Opportunity for Growth
- Haptic Technology Boosts Gaming Experience to a New Level
- Rise in Mobile Gaming Opens a Lucrative Niche for Haptics in the Gaming Industry
- Haptic Technology Brings Myriad of Exciting Possibilities
- Future Potential
- Applications of Haptic Technology
- Haptic Technology to Find New Applications in VR Arena
- Developments in Robotic Technology Powers Demand for Haptics
- Opportunity Indicators
- Increasing Activity in Nuclear Power Sector to Power Growth in the Haptics Market
- Opportunity Indicator
- Haptics in the Military & Defense Sector: A Review
- Intelligent Automotive Technologies to Spur Demand for Haptics in the Automotive End-Use Sector
- Robotic Surgery, Medical Prosthetics & Simulated Training Drive Adoption of Haptics in the Healthcare Sector
- Strong Focus on Industrial Automation Drives Interest in Haptics
- Development of New Generation Automated Aircrafts Drives Demand for Haptics in Commercial Flight Simulation Equipment
- Haptics Set to Revolutionize Molecular Biology & Cellular Research
- A Peek into Emerging Application Areas of Haptic Technology
- Wearables
- Education and Health
- Automotive
- Other Potential Applications
- Operator Feedback
- Video Gaming and Medical Simulation
- Touchscreen Interfaces
- Handheld Devices
- Haptic Technology for Creating Mobility Devices for Visually Impaired People
- Table 1: World Current & Future Analysis for Haptics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Haptics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- Table 3: World Current & Future Analysis for Tactile Feedback by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 4: World 7-Year Perspective for Tactile Feedback by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 5: World Current & Future Analysis for Force Feedback by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 6: World 7-Year Perspective for Force Feedback by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 7: World Current & Future Analysis for Mobile Terminal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 8: World 7-Year Perspective for Mobile Terminal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 9: World Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 10: World 7-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 11: World Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 12: World 7-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- Table 13: World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 14: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- UNITED STATES
- Table 15: USA Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 16: USA 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 17: USA Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 18: USA 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- CANADA
- Table 19: Canada Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 20: Canada 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 21: Canada Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 22: Canada 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- JAPAN
- Table 23: Japan Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 24: Japan 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 25: Japan Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 26: Japan 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- CHINA
- Table 27: China Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 28: China 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 29: China Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 30: China 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- EUROPE
- Table 31: Europe Current & Future Analysis for Haptics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 32: Europe 7-Year Perspective for Haptics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
- Table 33: Europe Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 34: Europe 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 35: Europe Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 36: Europe 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- FRANCE
- Table 37: France Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 38: France 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 39: France Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 40: France 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- GERMANY
- Table 41: Germany Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 42: Germany 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 43: Germany Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 44: Germany 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- ITALY
- Table 45: Italy Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 46: Italy 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 47: Italy Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 48: Italy 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- UNITED KINGDOM
- Table 49: UK Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 50: UK 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 51: UK Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 52: UK 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- REST OF EUROPE
- Table 53: Rest of Europe Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 54: Rest of Europe 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 55: Rest of Europe Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 56: Rest of Europe 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- ASIA-PACIFIC
- Table 57: Asia-Pacific Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 58: Asia-Pacific 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 59: Asia-Pacific Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 60: Asia-Pacific 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- REST OF WORLD
- Table 61: Rest of World Current & Future Analysis for Haptics by Type - Tactile Feedback and Force Feedback - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 62: Rest of World 7-Year Perspective for Haptics by Type - Percentage Breakdown of Value Sales for Tactile Feedback and Force Feedback for the Years 2020 & 2027
- Table 63: Rest of World Current & Future Analysis for Haptics by Application - Mobile Terminal, Automotive, Medical and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 64: Rest of World 7-Year Perspective for Haptics by Application - Percentage Breakdown of Value Sales for Mobile Terminal, Automotive, Medical and Other Applications for the Years 2020 & 2027
- Total Companies Profiled: 34
Note: Product cover images may vary from those shown
- AAC Technologies Holdings Inc.
- CyberGlove Systems LLC
- Entact Robotics Inc.
- Ergos-Technologies
- Force Dimension
- Haption SA
- Immersion Corporation
- Moog Inc.
- MPB Technologies Inc.
- Murata Manufacturing Co. Ltd.
- Novasentis, Inc.
- Novint Technologies Inc.
- Quanser Inc.
- Reachin Technologies AB
- Senseg OY
- Tactical Haptics, LLC
- Tactus Technology, Inc.
- Tanvas
Note: Product cover images may vary from those shown
