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Global Haptic Technology Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Global Haptic Technology Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Global Haptic Technology Market Research Report 2016" by OBRC, is an extensive study on present state of the Haptic Technology Market. The research report includes a basic outline of the industry comprising definitions, classifications, applications and industry structure. The synopsis is professionally researched and articulated for the international markets gives an insight of the market via competitive landscape analysis, development trends and significant regionals analysis. Upcoming and present development plans and policies are examined, including manufacturing operations and cost framework.

Haptic technology also known as haptic communications or kinaesthetic communication reinvents the sense of touch by applying forces, vibrations, or motions to the user. Video game makers were the first to use haptic technology such as vibrating joysticks, controllers and steering wheels. Haptic technologies are being used in graphical user interface such as to feel graphic buttons on the screen. By means of haptic technology surgeon can train to perform the most delicate operation via computer. Haptic technology can be used in defence to simulate battlefield and train soldiers. In Aerospace haptic technology can be used for training fighter jet pilots via simulator.

The global haptics technology market is anticipated to reach $29.84 Billion by 2022 at a CAGR of 25.39% between periods 2016-2022. Significant applications in smartphones, tablets, wearables, gaming devices of haptic technology is set to drive the global haptic technology market for the forecasted period.

Growing use of haptic technology in consumer applications, medical industry, and personalized products are driving the global haptic technology market for the forecasted period. Automobiles, products for visually impaired, wearables and holographic display are some of the key market opportunities for haptic technology. Automobile companies are using haptic technology for passenger and driver safety. Holographic display and wearables have wide applications in defence and healthcare.

When it comes to haptic technology in healthcare sector innovations revolve around the realism and relevance of the subject under study. Haptic technology can be used to imitate patients, anatomic regions, a given clinical tasks mirroring real life situations wherein medical service are provided. 3D representation of body parts, computer enhanced mannequins (CEM), patient problem management and realistic high tech patient simulators form a part of haptic technology applications.

High power consumption of haptic technology device is set to restraint market growth. High cost of the device, software compatibility, lack of technology awareness and right design of products are some factors that hamper the growth of global haptic technology market for the forecasted period.

The research report is segmented in terms of technology, component, and applications. By technology market is sub segmented into tactile feedback and force feedback. Component is classified into actuators, sensors, software and drivers & controllers. Actuators are further classified into eccentric rotating mass, piezoelectric actuator, linear resonant actuator, and electro active polymer actuators. Eccentric rotating mass actuators applications in smartphones, surgical devices, gaming consoles. Piezoelectric actuators are commonly used in MRI scans and helicopter rotor blades. Linear resonant actuators are used in telescopes and automobiles. Electro active polymer actuators have applications in robotics and in surgical devices. Application is divided into consumer, automotive, medical & healthcare, industrial, and others. Consumer market is sub segmented into smartphones & tablets, gaming devices and others.

Some of the leading companies in haptic technology market are, Immersion Corporation, Texas Instruments Inc., Johson Electric Holdings Ltd., Precision Microdrives Ltd., Hapiton SA, 3D systems corporation, Maxim Integrated Products Inc., tactus Technology Inc., AAC Technologies Holdings Inc., Densitron Technologies PLC, Dexta Robotics, NeuroDigital Technologies, Virtuix, Novint Technologies, and SensAble Technologies. The report provides comprehensive information like company profile, sales, revenue, market share and contact information.

Joint ventures, agreements, partnerships, collaborations, expansion in different countries,and strengthening supply chain network with distributors are some of the strategies taken by pioneers in haptic technology market, to increase their global presence. Research & development investments are high with the urge to develop quality and user friendly products.

The research report analysed haptic technology market geographically. Region wise the report is segmented as North America, Europe, Asia Pacific, and Rest of the World. Overall defence, healthcare, and smartphones & tablets applications of haptic technology are growing fast for the forecasted period. North America and Europe are the largest market for haptic technology. Increasing applications in healthcare, automobiles, defence and consumers are backing to the growing market of haptic technology in North America and Europe.

Asia Pacific is the fastest growing market for haptic technology for the forecasted period. With large income disposable population, applications for haptic technology in Asia Pacific is focused on consumer segment especially in smartphones and tablets. Countries like China, Japan, South Korea, Australia, and India are among the nations in Asia Pacific leading in haptic technology market. New low cost innovations are driving the haptic technology market in China and Japan. Medical applications of haptic technology are most sought in high density population countries like China and India.

Please note: The delivery time for the electronic version of this report is between 1-3 business days to allow the preparation of an updated version prior to dispatch.


1. INTRODUCTION
1.1. EXECUTIVE SUMMARY
1.2. ESTIMATION METHODOLOGY
2. MARKET OVERVIEW
2.1. MARKET DEFINITION AND SCOPE
2.2. KEY FINDINGS
2.3. PARAMETRIC ANALYSIS
2.4. KEY MARKET INSIGHTS
2.4.1. TOP EMERGING COUNTRIES
2.4.2. TOP REVENUE GENERATING SEGMENTS
2.4.3. TOP GROWING MARKETS AND EMERGING TRENDS
2.4.4. TOP GEOGRAPHY
2.5. COMPETITIVE LANDSCAPE
2.5.1. MARKET SHARE ANALYSIS
2.5.2. TOP WINNING STRATEGIES
2.5.3. CASE STUDIES: TOP COMPETITIVE MOVES
2.6. PORTER’S FIVE FORCE MODEL
2.7. KEY BUYING CRITERIA
2.8. STRATEGIC RECOMMENDATION
2.9. STRATEGIC CONCLUSIONS
3. MARKET DETERMINANTS
3.1. MARKET DRIVERS
3.1.1. GROWING HAPTIC TECHNOLOGY IN CONSUMER APPLICATIONS
3.1.2. HAPTIC TECHNOLOGY BEING USED IN MEDICAL INDUSTRY
3.1.3. PERSONALIZED PRODUCTS USING HAPTIC TECHNOLOGY ENHANCING USER EXPERIENCE
3.2. MARKET RESTRAINTS
3.2.1. POWER CONSUMPTION BY HAPTIC TECHNOLOGY
3.2.2. HIGH COST FOR HAPTIC TECHNOLOGY
3.3. MARKET OPPORTUNITIES
3.3.1. EMERGING APPLICATIONS FOR VISUALLY IMPAIRED PEOPLE
3.3.2. USE OF TECHNOLOGY IN AUTOMOTIVE APPLICATIONS
3.3.3. APPLICATIONS IN WEARABLES AND HOLOGRAPHIC DISPLAY PRODUCTS
3.4. MARKET CHALLENGES
3.4.1. RIGHT DESIGN OF THE PRODUCT
3.4.2. SOFTWARE COMPATIBILITY
3.5. PARENT MARKET
3.6. COMPETITORS MARKET
3.7. ALTERNATIVE MARKET
4. MARKET SEGMENTATION
4.1. BY TECHNOLOGY
4.1.1. TACTILE FEEDBACK MARKET 2014-2022 ($MILLION)
4.1.2. FORCE FEEDBACK MARKET 2014-2022 ($MILLION)
4.2. BY COMPONENT
4.2.1. ACTUATORS MARKET 2014-2022 ($MILLION)
4.2.1.1. ECCENTRIC ROTATING MASS MARKET 2014-2022 ($MILLION)
4.2.1.2. PIEZOELECTRIC ACTUATOR MARKET 2014-2022 ($MILLION)
4.2.1.3. LINEAR RESONANT ACTUATOR MARKET 2014-2022 ($MILLION)
4.2.1.4. ELECTRO ACTIVE POLYMER ACTUATORS MARKET 2014-2022 ($MILLION)
4.2.2. SENSORS MARKET 2014-2022 ($MILLION)
4.2.3. SOFTWARE MARKET 2014-2022 ($MILLION)
4.2.4. DRIVERS AND CONTROLLERS MARKET 2014-2022 ($MILLION)
4.3. BY APPLICATION
4.3.1. CONSUMER MARKET 2014-2022 ($MILLION)
4.3.1.1. SMART PHONES AND TABLETS MARKET 2014-2022 ($MILLION)
4.3.1.2. GAMING DEVICES MARKET 2014-2022 ($MILLION)
4.3.1.3. OTHERS MARKET 2014-2022 ($MILLION)
4.3.2. AUTOMOTIVE MARKET 2014-2022 ($MILLION)
4.3.3. MEDICAL AND HEALTHCARE MARKET 2014-2022 ($MILLION)
4.3.4. INDUSTRIAL MARKET 2014-2022 ($MILLION)
4.3.5. OTHERS MARKET 2014-2022 ($MILLION)
5. GEOGRAPHIC ANALYSIS
5.1. NORTH AMERICA HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.1.1. US HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.1.2. CANADA HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.2. EUROPE HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.2.1. UK HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.2.2. FRANCE HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.2.3. GERMANY HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.2.4. REST OF EUROPE HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.3. ASIA PACIFIC HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.3.1. INDIA HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.3.2. CHINA HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.3.3. JAPAN HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.3.4. REST OF ASIA PACIFIC HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
5.4. REST OF THE WORLD HAPTIC TECHNOLOGY MARKET 2014-2022 ($MILLION)
6. COMPANY PROFILE: - (OVER, SCOT ANALYSIS, STRATEGIC REVIEW)
IMMERSION CORPORATION
TEXAS INSTRUMENTS INC
JOHNSON ELECTRIC HOLDINGS LTD
PRECISION MICRODRIVES LTD
HAPITON SA
SYSTEMS CORPORATION
MAXIM INTEGRATED PRODUCTS INC
TACTUS TECHNOLOGY INC
AAC TECHNOLOGIES HOLDINGS INC
DENSITRON TECHNOLOGIES PLC
DEXTA ROBOTICS
NEURODIGITAL TECHNOLOGIES
VIRTUIX
NOVINT TECHNOLOGIES
SENSABLETECHNOLGIES
LIST OF TABLES
GLOBAL HAPTIC TECHNOLOGY MARKET BY TECHNOLOGY ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY TACTILE FEEDBACK ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY FORCE FEEDBACK ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY COMPONENT ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ACTUATORS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ECCENTRIC ROTATING MASS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY PIEZOELECTRIC ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY LINEAR RESONANT ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ELECTRO ACTIVE POLYMER ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SENSOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SOFTWARE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY DRIVERS AND CONTROLLERS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY APPLICATIONS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY CONSUMER ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SMART PHONES AND TABLETS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY GAMING DEVICES ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY OTHERS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY AUTOMOTIVE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY MEDICAL AND HEALTHCARE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY INDUSTRIAL ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY OTHERS ($MILLION)
NORTH AMERICA HAPTIC TECHNOLOGY MARKET ($MILLION)
EUROPE HAPTIC TECHNOLOGY MARKET ($MILLION)
ASIA PACIFIC HAPTIC TECHNOLOGY MARKET ($MILLION)
REST OF THE WORLD HAPTIC TECHNOLOGY MARKET ($MILLION)
LIST OF FIGURES
GLOBAL HAPTIC TECHNOLOGY MARKET BY TACTILE FEEDBACK ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY FORCE FEEDBACK ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ACTUATORS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ECCENTRIC ROTATING MASS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY PIEZOELECTRIC ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY LINEAR RESONANT ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY ELECTRO ACTIVE POLYMER ACTUATOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SENSOR ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SOFTWARE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY DRIVERS AND CONTROLLERS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY CONSUMER ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY SMART PHONES AND TABLETS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY GAMING DEVICES ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY OTHERS ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY AUTOMOTIVE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY MEDICAL AND HEALTHCARE ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY INDUSTRIAL ($MILLION)
GLOBAL HAPTIC TECHNOLOGY MARKET BY OTHERS ($MILLION)
NORTH AMERICA HAPTIC TECHNOLOGY MARKET ($MILLION)
U.S. HAPTIC TECHNOLOGY MARKET ($MILLION)
CANADA HAPTIC TECHNOLOGY MARKET ($MILLION)
EUROPE HAPTIC TECHNOLOGY MARKET ($MILLION)
UK HAPTIC TECHNOLOGY MARKET ($MILLION)
FRANCE HAPTIC TECHNOLOGY MARKET ($MILLION)
GERMANY HAPTIC TECHNOLOGY MARKET ($MILLION)
REST OF EUROPE HAPTIC TECHNOLOGY MARKET ($MILLION)
ASIA PACIFIC HAPTIC TECHNOLOGY MARKET ($MILLION)
INDIA HAPTIC TECHNOLOGY MARKET ($MILLION)
CHINA HAPTIC TECHNOLOGY MARKET ($MILLION)
JAPAN HAPTIC TECHNOLOGY MARKET ($MILLION)
REST OF ASIA PACIFIC HAPTIC TECHNOLOGY MARKET ($MILLION)
REST OF THE WORLD HAPTIC TECHNOLOGY MARKET ($MILLION)

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