North America Haptic Technology Market Forecast 2017-2024
KEY FINDINGS The North America Haptic Technology market is poised to rise at an estimated CAGR of 14.13%, increasing its net worth from $2064.0 million to $5925.1 million over the forecast period of 2017-2024.
MARKET INSIGHTS The market is categorized according to the feedback type, application and component type. The potential use of haptics for the visually impaired and in the educational display technology is predicted to revolutionize the North American market. Also, the demand for the haptic technology in the holographic display products is likely to increase the growth potential of the market. Still, there are certain technical challenges related to product design that are likely to create certain issues for the market in the coming future.
COMPETITIVE INSIGHTS Haption S.A, 3D Systems, Johnson Electric, Texas Instruments Inc, On Semiconductor Corporation, Microchip Technologies Inc, and Immersion Corporation are some of the important market players in this region.