The Global Haptic Technology Market is Expected to grow over $23.28 Billion by 2024

“The global Haptic Technology market was valued $7.70 billion in 2016 and is anticipated to reach $23.28 billion by 2024, growing at an estimated CAGR of 14.85%, during the forecast period 2017-2024.”
According to new market research report launched by Inkwood Research, The global Haptic Technology market was valued $7.70 billion in 2016 and is anticipated to reach $23.28 billion by 2024, growing at an estimated CAGR of 14.85%, during the forecast period 2017-2024.

Browse 48 market data Tables and 33 Figures spread through 150 Pages and in-depth analysis on “Global Haptic Technology Market by Feedback Type (Tactile Feedback, Force Feedback), by Components (Actuator, Eccentric Rotating Mass (ERM), Piezoelectric Actuator Linear Resonant Actuators (LRAS) Electro-active Polymer Actuators, Drivers & Controllers, Software, Other Components), by Application (Consumer Electronics, Engineering, Gaming, Automotive & Transportation, Education & Research, Healthcare & Other Applications) & by Geography – Regional Trends & Forecast to 2025”

Read Complete Report with TOC @ https://www.inkwoodresearch.com/reports/global-haptic-technology-market-2017-2024/

This insightful market research report from Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, and Rest of World the report is a valuable asset for the existing players, new entrants, and the future investors. The study presents detailed market analysis with inputs derived from industry professionals across the value chain.

Haptic Technology market scenario

The increasing use of consumer electronic devices such as smart phones, tablets, and other smart wearable devices is the primary factor, which is responsible for the advancement of the market. Almost all the smart phones and tablets are inbuilt with the haptics, and the trend is now being shifted to smart watches and wrist bands. Some of the other drivers that are boosting the market growth are; increasing adoption of haptics in consumer electronics devices, growing demand for haptics in gaming consoles, Integration of haptic technology in automotive safety applications & in Education display technology and potential demand for haptics in holographic display product.

The Haptic Technology Market report provides data tables, includes charts and graphs for visual analysis.

Market Segmentation

On the basis of feedback type, the global Haptic Technology market is segmented as follows;

  • Tactile Feedback
  • Force Feedback

On the basis of its components, the global Haptic Technology market is segmented as follows;

  • Actuators
    • Eccentric Rotating Mass (ERM)
    • Piezoelectric actuator
    • Linear Resonant Actuators (LRAS)
    • Electro-active Polymer Actuators
    • Drivers & Controllers
    • Software
    • Other Components

On the basis of its applications, the global Haptic Technology market is segmented as follows;

  • Consumer Electronics
  • Engineering
  • Gaming
  • Automotive & Transportation
  • Education & Research
  • Healthcare
  • Other Applications

 

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Report Highlights

– The report provides a detailed analysis of current and future market trends to identify the investment opportunities
– Market forecasts till 2024, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2024
– Market opportunities and recommendations for new investments

Companies Profiled

–          Immersion Corporation

–          Texas Instruments Inc.

–          Precision Microdrives Ltd.

–          Johnson Electric

–          Ultrahaptics

–          On Semiconductor Corporation

–          Microchip Technologies Inc.

–          Synaptics Inc.

–          SMK Corporation

–          Haption S.A.

–          Densitron Technologies

–          3D Systems

 

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