Investment Opportunities for Haptics Technology in India - 2017 - 2022

  • ID: 4388120
  • Report
  • Region: India
  • 123 pages
  • Mordor Intelligence
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Haptics is a tactile feedback technology, which is a major area of innovation and provides many opportunities in India. Emerging Haptic technologies will grow into a billion dollar opportunity. The technology is transforming the user interface experience through a sense of touch. Haptic sensation, along with its audio and visual setup, enhances user experience. Users feel assured on receiving feedback that the task is being executed on the device interface. Haptic technology engages a user's senses and aids in better usage. Haptics enable users to experience a realistic environment, with users feeling the action of the application being accessed. The technology is still in its nascent stage and is yet to be commercialized at its full potential. Currently, most electronic devices, from mobiles to public displays, use touch enabled displays. With the Touch screen market reaching saturation, vendors are exploring Haptic technology to maintain a competitive advantage in the market. Enhanced user experience, along with the tactile feedback provided by this technology, is attracting several industries including Automotive, Consumer Electronics, Retail, and Healthcare.

Indian consumers are fast adopters to wearable technology devices like fitness monitors, smart watches and Internet enabled eyeglasses. Ducere Technologies Ltd, has launched LeChal, an interactive Haptic based footwear for fitness enthusiasts, and they are also building fitness and navigation together. Haptics is a fast growing field in gaming, with the rise of virtual reality and the desire of players to feel just as vividly as they see and hear their virtual environments. Haptic technology is also used to train the next generation of surgeons and improving simulations in the industrial sector for pilots and large machinery operators. Even the clothing retail industry is benefited from Haptic technology by allowing users to feel the texture of clothes for sale online. The fast pace of development in a country such as India facilitates its application in a variety of domains due to the growing avenues of application of the Haptic science ensuring higher investment returns in India. In addition to the launch of Lechal in India, the market for haptic is going to grow enormously in the coming future. Investors who are looking forward to investing will gain a snowballing profits in the coming years while the industry leaders like Samsung, on the other hand, continue to invest in Haptic technologies.

The Haptics market is segmented on the basis of Technology (Tactile Feedback, Force Feedback), Component (Sensors, Inertial Haptic Actuators, EAP Piezoelectric Actuator, Ceramic Piezoelectric Actuator, Actuator Control Software, Micro fluidics and Others), and Application (Consumer Electronics, Automotive, Industrial, Medical and Healthcare, Video Gaming, Aerospace, Telerobotics and Others).

This report contains the Porter's five forces analysis with respect to this market in detail along with the analysis of market segments, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players that includes the key growth strategies and competition analysis.

The report also considers the companies showing growth for Haptics market in India along with a list of their Financials and presents a host of investment opportunities ready for the taking. This report on the outlook for lucrative investment areas reviews the potential future returns, technological advancements, regulations and market responses so as to provide a clear perspective on the potential implications for the growth prospects of Haptics market in India during the forecast period (2017-2022).

This Report Offers:

Market Definition of Investment Opportunities for Haptics Market in India along with identification of key drivers and restraints for the market.

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market.

Extensively researched competitive landscape section with profiles of Emerging companies along with their financials, strategic initiatives and market shares.

Identification and analysis of the Macro and Micro factors that affect the Investment Opportunities for Haptics Market in India.
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Report Description
1.2 Research Methodology
1.3 Market Definition
1.4 Areas Covered
2. Executive Summary
3. Industry Analysis
3.1 Introduction
3.2 Current Market Scenario
3.3 Porter's Five Forces
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Competitive Rivalry within the Industry
4. Market Overview
4.1 Current Market Scenario
4.2 Factors Driving the Market
4.2.1 Growing Market of Consumer Electronics
4.2.2 Enhanced User Experience
4.2.3 Rising Demand For Advanced Gaming Applications
4.3 Factors Restraining the Market
4.3.1 High Power Consumption
4.3.2 High Costs
4.4 Current Opportunities in the Market
4.4.1 Advancements in Applications in Automotive and Medical Industries
4.4.2 Use of Haptic Technology In Wearables
5. Haptics Market Breakdown By Technology
5.1 Haptic Feedback
5.1.1 Tactile Feedback
5.1.2 Force Feedback
6. Haptics Market Breakdown By component
6.1 Sensors
6.2 Inertial Haptic Actuators
6.2.1 Eccentric Rotating Mass Actuator
6.2.2 Linear Resonant Actuator
6.3 EAP Piezoelectric Actuator
6.4 Ceramic Piezoelectric Actuator
6.5 Actuator Control Software
6.6 Microfluidics
6.7 Others
7. Haptics Market Breakdown By Application
7.1 Consumer Electronics
7.2 Automotive
7.3 Industrial
7.4 Medical & Healthcare
7.5 Video Gaming
7.6 Aerospace
7.7 Telerobotics
7.8 Others
8. Emerging Companies For Haptics Market in India
8.1 Introduction
8.2 Emerging Companies in India - Merkel Haptic System, RHLvision, Ducere Technologies Pvt Ltd., Visteon, Yantric
8.2.1 Company Overview
8.2.2 Products and Services
8.2.3 New and Existing Contracts
8.2.4 Client List
8.2.5 Financial Overview Basic Financial Structure Recent Fundings Major Investors Funding Pattern Number of Employees
9. Market Landscape
9.1 Market Trends
9.2 Market Forecasts
9.3 New Product Development and Innovations
10. Investment Analysis
10.1 Recent Mergers and Acquisitions
10.2 Investor Outlook
11. Future Outlook
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown