Middle East & Africa Haptic Devices Market Size & Outlook
The haptic devices market in Middle East & Africa is expected to reach a projected revenue of US$ 839.6 million by 2030. A compound annual growth rate of 16.6% is expected of Middle East & Africa haptic devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$287.1
Forecast, 2030 (US$M)
$839.6
CAGR, 2024 - 2030
16.6%
Report Coverage
Middle East & Africa
MEA haptic devices market highlights
- The MEA haptic devices market generated a revenue of USD 287.1 million in 2023.
- The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 287.1 million |
| Market revenue in 2030 | USD 839.6 million |
| Growth rate | 16.6% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | Aito, Boréas Technologies, Cirrus Logic Inc, Hap2U, Immersion Corp, Johnson Electric Holdings Ltd, Yageo Corp ADR, Microchip Technology Inc, Mouser Electronics, Synaptics Inc, TDK Corp, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global haptic devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,368.3 million by 2030.
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Haptic Devices Market Scope
Haptic devices market segmentation & scope
Usage
Graspable
Touchable
Wearable
Type
Active Haptic Devices
Passive Haptic Devices
Feedback
Force
Vibrotactile
Electrotactile
Thermal
Others
End Use
Use
Entertainment
Gaming
Automotive
Aerospace & Defense
Healthcare
Education
Others
Countries
Canada
Mexico
U.S.
France
Germany
Italy
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Haptic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mouser Electronics | View profile | 5001-10000 | Mansfield, Texas, United States, North America | http://mouser.com |
| Hap2U | View profile | 11-50 | Saint-martin-d'heres, Rhone-Alpes, France, Europe | http://www.hap2u.net/ |
| Boréas Technologies | View profile | 1-10 | Bromont, Quebec, Canada, North America | https://www.boreas.ca/ |
| Aito | View profile | 11-50 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://aito-touch.com |
| Cirrus Logic Inc | View profile | 1625 | 800 West 6th Street, Austin, TX, United States, 78701 | https://www.cirrus.com |
| Yageo Corp ADR | View profile | 9415 | No. 233-1, Baoqiao Road, 3rd Floor, Xindian District, New Taipei, Taiwan, 23145 | https://www.yageo.com |
| Synaptics Inc | View profile | 1891 | 1109 McKay Drive, San Jose, CA, United States, 95131 | https://www.synaptics.com |
| Johnson Electric Holdings Ltd | View profile | 35000 | 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong | https://www.johnsonelectric.com |
| Immersion Corp | View profile | 14 | 2999 N.E. 191st Street, Suite 610, Aventura, FL, United States, 33180 | https://www.immersion.com |
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
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