Growth in telerobotics devices will escalate the haptic touchscreen Market at a CAGR of 13.92%
Published Date : 04/10/2017
Latest market study on "Haptic Touchscreen Market to 2025 - Global Analysis and Forecasts by Component (Hardware and Software); Device (Telerobotic Device and Feedback Device); Interaction Type (Tactile Feedback and Forced Feedback) and Application (Consumer Electronics, Healthcare, Automotive, Digital Advertisement and Entertainment) - Global Analysis and Forecast?, the haptic touchscreen market is estimated to reach US$ 20.48 billion by 2025 from US$ 6.34 billion in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Browse market data tables and in-depth TOC of the Global Haptic Touchscreen Market (2016-2025)
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Haptic touchscreen market by application is segmented into consumer electronics, healthcare, automotive, Digital Advertisement and Kiosk, entertainment and others. Haptic technology has been implemented in several devices such as for vibrating notification or alerts in smartphones, input confirmation in an industrial scanner, or tension-building in a video game controller. The dominance of consumer electronics is attributed to the increasing integration of haptics into various consumer electronic devices such as tablets, smartphones, and wearable devices. Consumer electronics includes devices such as touch screen smartphones, laptops, tablets and household appliances among others. The increased demand for better and technologically upgraded products due to rising living standard of people across the world along with companies dedicated to offer better user-machine interface to its customers is driving the market for haptic technologies in the consumer electronics market segment. However, in coming years the healthcare segment is anticipated to showcase significant growth rate in the coming years.
Furthermore, haptic touchscreen technology is witnessing a high growth owing to its increasing applications in several new industries such as medical, ARVR, digital advertising and others. Several companies are investing in the developing of haptic touchscreen technologies to introduce better and efficient solutions for enhanced user experience.
There has been constant development in haptic touchscreen industry. Recently, immersion deployed its Touchsense technology to Lenovo android tab. whereas, the company SMK introduced capacitive touch panels and in-dash displays and connectivity for advanced automotive. Some of the leading haptic touchscreen market players are Cypress Semiconductor Corporation, Immersion Corporation, Johnson Electric Group, Cardinal IP Microchip Technology, Inc., ON Semiconductor, Precision Microdrives Limited, SMK Corporation, Senseg Ltd., Texas Instruments Incorporated and Ultrahaptics, among others.
Haptic Touchscreen Market, Global Breakdown by Regions, 2016-2025 (%) (%)
Source: The Insight Partners Analysis, December 2016
The report segments the global Haptic Touchscreen market as follows:
Global Haptic Touchscreen Market - By Component
Global Haptic Touchscreen Market - By Device
Global Haptic Touchscreen Market - By Application
Global Haptic Touchscreen Market - By Interaction Type
Global Haptic Touchscreen Market - By Geography
Rest of Europe
Asia Pacific (APAC)
Rest of APAC
Middle East & Africa (MEA)
Rest of MEA
South America (SA)
Rest of SA