Haptic technology refers to any technology which permits the user to create an impression of actual touch by applying physical forces, subtle vibrations, or even motions to the subject's skin. It is used in many technologies from computer displays to prosthetic limbs. While the ability to perceive touch using the skin has long been recognized as a key factor in human beings, it was not until the last decade or so that this was made possible. This process has now reached a new plateau, and researchers are now racing to develop new artificial techniques which will allow users to perceive touch in ways that are impossible right now.
Market Dynamics
Increasing launch of games with haptic technology compatibility is expected to propel growth of the global haptic technology market over the forecast period. For instance, in November 2020, D-BOX Technologies Inc. and Ubisoft announced the upcoming compatibility of D-BOX’s haptic technology with Assassin’s Creed Valhalla. Moreover, increasing adoption of smartphones is also expected to aid in growth of the market. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% in October 2018.
Launch of video game consoles with haptic feedback is expected to propel growth of the global haptic technology market over the forecast period. For instance, The Sony PlayStation 5, which is expected to be launched in 2020, offers precise haptic feedback through voice coil actuators. Moreover, launch of haptic touchpads is also expected to aid in growth of the global haptic technology market. For instance, in January 2021, Sensel launched its newest Haptic Touchpad with force field technology that captures the amount of force applied per finger and converts it into both force and shape data.
Key Takeaways
- Increasing launch of games with haptic technology compatibility is expected to propel growth of the global haptic technology market over the forecast period
- Major players in the global haptic technology market are focused on launching new products to expand their product portfolio. For instance, in May 2020, Cirrus Logic Inc. launched Cirrus Logic CS40L25 family of boosted haptic drivers for smartphones, PCs, wearables, gaming, virtual reality, and automotive applications.
- Major players operating in the global haptic technology market include, AAC Technologies, Alps Electric, Nidec Corporation, Cypress Semiconductor, D-BOX Technologies Inc., Texas Instruments, Bluecom, Sensel, On Semiconductor, Microchip, Johnson Electric, Immersion, Jinlong Machinery & Electronics, Precision Microdrives, and Novasentis
This report studies the global Haptic Technology market, analyzes and researches the Haptic Technology development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Immersion Corporation
Texas Instruments
Precision Microdrives Ltd
Johnson Electric
Ultrahaptics
ON Semiconductor
Microchip Technologies
Synaptics Inc
3D Systems
SMK Corporation
Haption S.A
Densitron Technologies
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market segment by Type, Haptic Technology can be split into
Drivers and Controllers
Actuators
Software
Other
Market segment by Application, Haptic Technology can be split into
Consumer Electronics
Gaming
Healthcare
Education & Research
Automotive & Transportation
Other
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Table of Contents
Global Haptic Technology Market Size, Status and Forecast 2024
1 Industry Overview of Haptic Technology
1.1 Haptic Technology Market Overview
1.1.1 Haptic Technology Product Scope
1.1.2 Market Status and Outlook
1.2 Global Haptic Technology Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Haptic Technology Market by Type
1.3.1 Drivers and Controllers
1.3.2 Actuators
1.3.3 Software
1.3.4 Other
1.4 Haptic Technology Market by End Users/Application
1.4.1 Consumer Electronics
1.4.2 Gaming
1.4.3 Healthcare
1.4.4 Education & Research
1.4.5 Automotive & Transportation
1.4.6 Other
2 Global Haptic Technology Competition Analysis by Players
2.1 Haptic Technology Market Size (Value) by Players (2016 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Immersion Corporation
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Haptic Technology Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 Texas Instruments
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Haptic Technology Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 Precision Microdrives Ltd
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Haptic Technology Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Johnson Electric
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Haptic Technology Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 Ultrahaptics
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Haptic Technology Revenue (Value) (2014-2019)
3.5.5 Recent Developments
3.6 ON Semiconductor
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Haptic Technology Revenue (Value) (2014-2019)
3.6.5 Recent Developments
3.7 Microchip Technologies
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Haptic Technology Revenue (Value) (2014-2019)
3.7.5 Recent Developments
3.8 Synaptics Inc
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Haptic Technology Revenue (Value) (2014-2019)
3.8.5 Recent Developments
3.9 3D Systems
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Haptic Technology Revenue (Value) (2014-2019)
3.9.5 Recent Developments
3.10 SMK Corporation
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Haptic Technology Revenue (Value) (2014-2019)
3.10.5 Recent Developments
3.11 Haption S.A
3.12 Densitron Technologies
4 Global Haptic Technology Market Size by Type and Application (2014-2019)
4.1 Global Haptic Technology Market Size by Type (2014-2019)
4.2 Global Haptic Technology Market Size by Application (2014-2019)
4.3 Potential Application of Haptic Technology in Future
4.4 Top Consumer/End Users of Haptic Technology
5 United States Haptic Technology Development Status and Outlook
5.1 United States Haptic Technology Market Size (2014-2019)
5.2 United States Haptic Technology Market Size and Market Share by Players (2016 and 2019)
6 EU Haptic Technology Development Status and Outlook
6.1 EU Haptic Technology Market Size (2014-2019)
6.2 EU Haptic Technology Market Size and Market Share by Players (2016 and 2019)
7 Japan Haptic Technology Development Status and Outlook
7.1 Japan Haptic Technology Market Size (2014-2019)
7.2 Japan Haptic Technology Market Size and Market Share by Players (2016 and 2019)
8 China Haptic Technology Development Status and Outlook
8.1 China Haptic Technology Market Size (2014-2019)
8.2 China Haptic Technology Market Size and Market Share by Players (2016 and 2019)
9 India Haptic Technology Development Status and Outlook
9.1 India Haptic Technology Market Size (2014-2019)
9.2 India Haptic Technology Market Size and Market Share by Players (2016 and 2019)
10 Southeast Asia Haptic Technology Development Status and Outlook
10.1 Southeast Asia Haptic Technology Market Size (2014-2019)
10.2 Southeast Asia Haptic Technology Market Size and Market Share by Players (2016 and 2019)
11 Market Forecast by Regions, Type and Application (2019-2024)
11.1 Global Haptic Technology Market Size (Value) by Regions (2019-2024)
11.1.1 United States Haptic Technology Revenue and Growth Rate (2019-2024)
11.1.2 EU Haptic Technology Revenue and Growth Rate (2019-2024)
11.1.3 Japan Haptic Technology Revenue and Growth Rate (2019-2024)
11.1.4 China Haptic Technology Revenue and Growth Rate (2019-2024)
11.1.5 India Haptic Technology Revenue and Growth Rate (2019-2024)
11.1.6 Southeast Asia Haptic Technology Revenue and Growth Rate (2019-2024)
11.2 Global Haptic Technology Market Size (Value) by Type (2019-2024)
11.3 Global Haptic Technology Market Size by Application (2019-2024)
12 Haptic Technology Market Dynamics
12.1 Haptic Technology Market Opportunities
12.2 Haptic Technology Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Haptic Technology Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Haptic Technology Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
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