+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)

Haptic Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • PDF Icon

    Report

  • 144 Pages
  • June 2022
  • Region: Global
  • IMARC Group
  • ID: 5615272
The global haptic technology market reached a value of US$ 8.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 17.7 Billion by 2027, exhibiting a CAGR of 13.92% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.



Haptic technology, or kinesthetic communication, refers to virtual and mixed reality solutions that offer multi-model experiences by engaging sight, sound and touch. It involves technology that uses physical feedback and pressure sensitivity to operate through various devices, such as actuators, haptic drives and microcontroller units. The haptic actuators are electronic devices that convert electric signals to vibrations that can be sensed by the user operating the device. This technology is commonly used for creating and controlling virtual objects, game consoles, surgical equipment and wearable devices, and to enhance the efficiency of remote-controlled machines and telerobots.

Significant growth in the consumer electronics sector, along with the increasing adoption of haptic technology solutions for improved scalability of devices, are among the key factors creating a positive impact on the market. The widespread adoption of haptics in smart-phones, tablets, media players, home appliances and virtual interfaces for enhanced sound, touch and visual effects have facilitated improvements in product designs and operational efficiencies. Furthermore, increasing utilization of haptic technology in gaming applications is also driving the market growth. Gaming input devices, such as operating consoles and joysticks, use the technology to provide different intensities of vibrations and mechanical signals, thereby providing immersive user experience. Additionally, the growing usage of 3D-touchscreen displays in automobiles and medical electronics is contributing to the growth of the market. Other factors, including the proliferation of haptics in robotics, manufacturing and industrial automation, along with the development of efficient tools and devices for visually-impaired individuals, are expected to drive the market further.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global haptic technology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, feedback, technology and application.

Breakup by Component:

  • Actuators
  • Drivers and Controllers
  • Software
  • Others

Breakup by Feedback:

  • Tactile
  • Force

Breakup by Technology:

  • Captive
  • Resistive
  • Others

Breakup by Application:

  • Automotive and Transportation
  • Consumer Electronics
  • Education and Research
  • Gaming
  • Healthcare
  • Engineering
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:


The report has also analysed the competitive landscape of the market with some of the key players being 3d Systems Corporation, Haption, Immersion Corporation, Johnson Electric Holdings Limited, Microchip Technology Inc., ON Semiconductor Corporation, Precision Microdrives Ltd., Senseg Oy (O-film Global HK Trading Limited), SMK Corporation, Synaptics Incorporated, Tactus Technology Inc., Texas Instruments Incorporated and Ultrahaptics.

Key Questions Answered in This Report:

  • How has the global haptic technology market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global haptic technology market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the feedback?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global haptic technology market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Haptic Technology Market

What is the estimated value of the Global Haptic Technology Market?

The Global Haptic Technology Market was estimated to be valued at $8.1 Billion in 2021.

What is the growth rate of the Global Haptic Technology Market?

The growth rate of the Global Haptic Technology Market is 13.9%, with an estimated value of $17.7 Billion by 2027.

What is the forecasted size of the Global Haptic Technology Market?

The Global Haptic Technology Market is estimated to be worth $17.7 Billion by 2027.

Who are the key companies in the Global Haptic Technology Market?

Key companies in the Global Haptic Technology Market include 3d Systems Corporation, Haption, Immersion Corporation, Johnson Electric Holdings Limited, Microchip Technology Inc., ON Semiconductor Corporation, Precision Microdrives Ltd., Senseg Oy (O and SMK Corporation.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Haptic Technology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Actuators
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Drivers and Controllers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Software
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Feedback
7.1 Tactile
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Force
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Technology
8.1 Captive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Resistive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Automotive and Transportation
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Consumer Electronics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Education and Research
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Gaming
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Healthcare
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Engineering
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3d Systems Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Haption
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Immersion Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Johnson Electric Holdings Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Microchip Technology Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 ON Semiconductor Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Precision Microdrives Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Senseg Oy (O-film Global HK Trading Limited)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 SMK Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Synaptics Incorporated
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Tactus Technology Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Texas Instruments Incorporated
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.13 Ultrahaptics
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Haptic Technology Market: Major Drivers and Challenges
Figure 2: Global: Haptic Technology Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Haptic Technology Market: Breakup by Component (in %), 2021
Figure 4: Global: Haptic Technology Market: Breakup by Feedback (in %), 2021
Figure 5: Global: Haptic Technology Market: Breakup by Technology (in %), 2021
Figure 6: Global: Haptic Technology Market: Breakup by Application (in %), 2021
Figure 7: Global: Haptic Technology Market: Breakup by Region (in %), 2021
Figure 8: Global: Haptic Technology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Haptic Technology (Actuators) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Haptic Technology (Actuators) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Haptic Technology (Drivers and Controllers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Haptic Technology (Drivers and Controllers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Haptic Technology (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Haptic Technology (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Haptic Technology (Other Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Haptic Technology (Other Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Haptic Technology (Tactile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Haptic Technology (Tactile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Haptic Technology (Force) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Haptic Technology (Force) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Haptic Technology (Captive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Haptic Technology (Captive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Haptic Technology (Resistive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Haptic Technology (Resistive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Haptic Technology (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Haptic Technology (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Haptic Technology (Automotive and Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Haptic Technology (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Haptic Technology (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Haptic Technology (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Haptic Technology (Education and Research) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Haptic Technology (Education and Research) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Haptic Technology (Gaming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Haptic Technology (Gaming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Haptic Technology (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Haptic Technology (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Haptic Technology (Engineering) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Haptic Technology (Engineering) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Haptic Technology (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Haptic Technology (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia Pacific: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia Pacific: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: Haptic Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: Haptic Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Global: Haptic Technology Industry: SWOT Analysis
Figure 90: Global: Haptic Technology Industry: Value Chain Analysis
Figure 91: Global: Haptic Technology Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Haptic Technology Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Haptic Technology Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Haptic Technology Market Forecast: Breakup by Feedback (in Million US$), 2022-2027
Table 4: Global: Haptic Technology Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 5: Global: Haptic Technology Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Haptic Technology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Haptic Technology Market Structure
Table 8: Global: Haptic Technology Market: Key Players

Companies Mentioned

  • 3d Systems Corporation
  • Haption
  • Immersion Corporation
  • Johnson Electric Holdings Limited
  • Microchip Technology Inc.
  • ON Semiconductor Corporation
  • Precision Microdrives Ltd.
  • Senseg Oy (O-film Global HK Trading Limited)
  • SMK Corporation
  • Synaptics Incorporated
  • Tactus Technology Inc.
  • Texas Instruments Incorporated
  • Ultrahaptics.

Methodology

Loading
LOADING...