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Global Haptics Technology Market 2016-2020

About Haptics Technology

Haptic technology deals with touch sensation while interacting with touchscreen devices such as smartphones, tablets, and infotainment systems through a tactile feedback technology. Touch sensations can be in the form of applied forces, motions, or vibrations and can be felt by users through devices.

This stimulation enhances the user experience and can be used to create and control virtual objects. Haptic devices are deployed with tactile sensors that measure the force exerted by a user on the interface. Actuators or motors produce the haptic sensation, which is managed by software incorporated into the device interface through an application programming interface.

Technavio’s analysts forecast the global haptic technology market to grow at a CAGR of 11.64% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global haptic technology market for 2016-2020. To calculate the market size, the report considers the revenue generated from the licensing of haptic technology

The market is divided into the following segments based on application:

  • Consumer electronics
  • Automotive
  • Medical
  • Others (desktop phones, printers, POS devices, and industrial controls)
Technavio's report, Global Haptics Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Immersion
Other
    prominent vendors
  • AAC Technologies
  • ADI
  • Alps Electric
  • Atmel
  • Bluecom
  • Cypress Semiconductor
  • Daesung
  • Dongwoon Anatech
  • Fairchild
  • Hokuriku
  • Hysonic
  • Imagis
  • Jahwa Electronics
  • Jinlong
  • Johnson Electric
  • Konghong
  • Methode Electronics
  • Microchip
  • NEC TOKIN
  • Nidec Copal
  • RAONTECH
  • SEMCO
  • SMK
  • Texas Instruments
  • Visteon
  • Yeil Electronics.
Market
    driver
  • Growing demand for interactive sensory experience
  • For a full, detailed list, view our report
Market
    challenge
  • Constant need for design upgrades
  • For a full, detailed list, view our report
Market
    trend
  • High usage of touch screens
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Haptics Technology Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Haptics Technology Market: Immersion

Other Prominent Vendors in the market are: AAC Technologies, ADI, Alps Electric, Atmel, Bluecom, Cypress Semiconductor, Daesung, Dongwoon Anatech, Fairchild, Hokuriku, Hysonic, Imagis, Jahwa Electronics, Jinlong, Johnson Electric, Konghong, Methode Electronics, Microchip, NEC TOKIN, Nidec Copal, RAONTECH, SEMCO, SMK, Texas Instruments, Visteon, and Yeil Electronics.

Commenting on the report, an analyst from Technavio’s team said: “Haptic technology has huge potential in the smartphone sector mainly because of the rise in smartphones equipped with large touch screen interfaces. The growing market for large-screen smartphones equipped with haptic technology will drive growth in the haptic technology market during the forecast period.”

According to the report, the usage of smartphones and tablets has increased primarily in web-based and media-based applications, resulting in high penetration among individual customers. The demand for an interactive sensory experience by consumers drives the demand for devices with haptics.

Further, the report states that end-users are highly price sensitive, and any upgrade in technology results in incremental changes in price, thereby affecting the market growth of vendors.

Companies Mentioned

Immersion,AAC Technologies, ADI, Alps Electric, Atmel, Bluecom, Cypress Semiconductor, Daesung, Dongwoon Anatech, Fairchild, Hokuriku, Hysonic, Imagis, Jahwa Electronics, Jinlong, Johnson Electric, Konghong, Methode Electronics, Microchip, NEC TOKIN, Nidec Copal, RAONTECH, SEMCO, SMK, Texas Instruments, Visteon, Yeil Electronics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global haptic technology market
      • Table Value chain of global haptic technology market
    • Market size and forecast
      • Table Global haptic technology market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global haptic technology market by application 2015-2020
      • Table Global haptic technology market by application 2015-2020 ($ millions)
    • Consumer electronics
      • Table Segmentation of consumer electronics 2015
    • Automotive
    • Medical
    • Others
  • Geographical segmentation
    • Market overview
      • Table Geographical segmentation of global haptic technology market 2015-2020
      • Table Geographical segmentation of global haptic technology market 2015-2020 ($ millions)
    • Haptics technology market in APAC
    • Haptics technology market in EMEA
    • Haptics technology market in Americas
  • Key leading countries
    • Table Key leading countries
    • South Korea
    • US
    • Japan
  • Market drivers
    • Growing demand for interactive sensory experience
    • Strategic partnerships with OEMs and software developers
    • Rising need for product differentiation and customer comfort in automobiles
    • Emergence of HD haptics
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Need for design upgrade
    • Lengthy design cycles
    • Low consumer awareness
    • High power consumption
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • High usage of touch screens
    • Haptics for wearables
    • Emergence of ultra-haptics
    • Next-generation smart material actuator technologies
  • Vendor landscape
    • Competitive scenario
  • Appendix
    • List of abbreviations
  • Explore Technavio

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