+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Haptics - Global Market Trajectory & Analytics

  • ID: 2832340
  • Report
  • June 2020
  • Region: Global
  • 134 Pages
  • Global Industry Analysts, Inc
1 of 2
Amid the COVID-19 crisis and the looming economic recession, the Haptics market worldwide will grow by a projected US$30 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 20.9%. Tactile Feedback, one of the segments analyzed and sized in this study, is forecast to grow at over 22.2% and reach a market size of US$25.2 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Tactile Feedback market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 19.9% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$984.1 Million to the region's size over the next 7 to 8 years. In addition, over US$1.3 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Tactile Feedback segment will reach a market size of US$1.3 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Haptics market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 17.9% over the next couple of years and add approximately US$3.6 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Haptics market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,
  • 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

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 2
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
A Quick Primer
Recent Market Activity
Haptic Technology Developments - A Brief Review
Market Outlook
Global Competitor Market Shares
Haptics Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
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)

3. MARKET TRENDS & DRIVERS
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

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Haptics Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Haptics Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Tactile Feedback (Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Tactile Feedback (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Force Feedback (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Force Feedback (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Mobile Terminal (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 8: Mobile Terminal (Application) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 9: Automotive (Application) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 10: Automotive (Application) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Medical (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: Medical (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Other Applications (Application) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 14: Other Applications (Application) Global Market Share Distribution by Region/Country for 2020 and 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Haptics Market Share (in %) by Company: 2018 & 2025
Market Analytics
TABLE 15: United States Haptics Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 16: United States Haptics Market Share Breakdown by Type: 2020 VS 2027
TABLE 17: United States Haptics Latent Demand Forecasts in US$ Million by Application: 2020 to 2027
TABLE 18: Haptics Market Share Breakdown in the United States by Application: 2020 VS 2027

CANADA
TABLE 19: Canadian Haptics Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 20: Haptics Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 21: Canadian Haptics Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
TABLE 22: Canadian Haptics Market Share Analysis by Application: 2020 VS 2027

JAPAN
TABLE 23: Japanese Market for Haptics: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 24: Japanese Haptics Market Share Analysis by Type: 2020 VS 2027
TABLE 25: Japanese Demand Estimates and Forecasts for Haptics in US$ Million by Application: 2020 to 2027
TABLE 26: Haptics Market Share Shift in Japan by Application: 2020 VS 2027

CHINA
TABLE 27: Chinese Haptics Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 28: Chinese Haptics Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 29: Chinese Demand for Haptics in US$ Million by Application: 2020 to 2027
TABLE 30: Chinese Haptics Market Share Breakdown by Application: 2020 VS 2027

EUROPE
Market Facts & Figures
European Haptics Market: Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
TABLE 31: European Haptics Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 32: European Haptics Market Share Shift by Region/Country: 2020 VS 2027
TABLE 33: European Haptics Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 34: European Haptics Market Share Breakdown by Type: 2020 VS 2027
TABLE 35: European Haptics Addressable Market Opportunity in US$ Million by Application: 2020-2027
TABLE 36: European Haptics Market Share Analysis by Application: 2020 VS 2027

FRANCE
TABLE 37: Haptics Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 38: French Haptics Market Share Analysis by Type: 2020 VS 2027
TABLE 39: Haptics Quantitative Demand Analysis in France in US$ Million by Application: 2020-2027
TABLE 40: French Haptics Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027

GERMANY
TABLE 41: Haptics Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 42: German Haptics Market Share Breakdown by Type: 2020 VS 2027
TABLE 43: Haptics Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2020-2027
TABLE 44: Haptics Market Share Distribution in Germany by Application: 2020 VS 2027

ITALY
TABLE 45: Italian Haptics Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 46: Italian Haptics Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 47: Italian Demand for Haptics in US$ Million by Application: 2020 to 2027
TABLE 48: Italian Haptics Market Share Breakdown by Application: 2020 VS 2027

UNITED KINGDOM
TABLE 49: United Kingdom Market for Haptics: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 50: United Kingdom Haptics Market Share Analysis by Type: 2020 VS 2027
TABLE 51: United Kingdom Demand Estimates and Forecasts for Haptics in US$ Million by Application: 2020 to 2027
TABLE 52: Haptics Market Share Shift in the United Kingdom by Application: 2020 VS 2027

REST OF EUROPE
TABLE 53: Rest of Europe Haptics Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 54: Rest of Europe Haptics Market Share Breakdown by Type: 2020 VS 2027
TABLE 55: Rest of Europe Haptics Addressable Market Opportunity in US$ Million by Application: 2020-2027
TABLE 56: Rest of Europe Haptics Market Share Analysis by Application: 2020 VS 2027

ASIA-PACIFIC
TABLE 57: Haptics Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 58: Asia-Pacific Haptics Market Share Analysis by Type: 2020 VS 2027
TABLE 59: Haptics Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2020-2027
TABLE 60: Asia-Pacific Haptics Market Share Analysis: A 7-Year Perspective by Application for 2020 and 2027

REST OF WORLD
TABLE 61: Rest of World Haptics Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 62: Haptics Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 63: Rest of World Haptics Market Quantitative Demand Analysis in US$ Million by Application: 2020 to 2027
TABLE 64: Rest of World Haptics Market Share Analysis by Application: 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 34
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll