Haptic Technology Market Report

Haptic Technology Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2014 To 2020

  • Published Date: ---
  • Base Year for Estimate: ---
  • Report ID: 843
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Number of Pages: 0

Haptic technology provides an improved multi modal experience to the user by engaging sight, sound and touch. This technology is increasingly used in consumer electronics such as smartphones and tablets as it provides tactile feedback to its users. Growing need for product differentiation in consumer electronics is expected to be the major driving force for the haptic technology market. Increasing demand for touchscreens in consumer electronics such as media players and home appliances for enhanced customer experience is expected to favor market growth. Additionally, increasing demand for gaming applications and technological advancements is further expected to drive market demand.

High power consumption of devices using haptic technology may act as a restraint to market growth. Technical limitations such as touchscreen size and handset designs are further expected to hinder the haptic technology market. Lack of technological awareness and high cost is also expected to pose a challenge to market growth. Increasing use of haptic technology in home appliances, automobile and education sectors may provide new opportunity to market participants.

The haptic technology market can be segmented on the basis of application and technology. Application segment includes automotive, consumer electronics, industrial, healthcare, defense, gaming and POS & kiosks. Defense and healthcare applications are expected to grow rapidly over the forecast period. Automobile manufacturers have adopted this technology to increase the security and safety standards for their customers. Different touchscreen technologies include resistive, capacitive, surface acoustic wave (SAW) and optical imaging. Capacitive touchscreen, which is majorly used for multi-touchscreens, is expected to dominate the haptic technology market over the forecast period. Asia Pacific is expected to grow at a considerable rate owing to its increasing smartphones & tablet user base. North America and Europe are expected to contribute significantly to defense, automobile and healthcare applications.

Few key players in the market include Immersion, Senseg, and SMK Electronics. Immersion is expected to account for considerable market share. Market participants such as Samsung and LG Electronics are expected to increasingly incorporate haptic technology into their products over the next six years.

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified