Haptics Technology Market By Feedback Type 2023 | IndustryARC
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Haptics Technology Market
Haptics Technology Market: By Feedback Type (Force, Tactile); By Components (Actuator, Haptic Drive, Microcontroller and Others); By Application (Consumer, Medical, Automotive and Others) and By Geography - Forecast (2018-2023)
Report Code : ESR 0146
Updated Date: 09 May, 2018  
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  • Report Description
  • Table of Contents
  • Tables And Figures
  • Customization Options
1. Market Overview
2. Executive Summary
3. Haptic technology Market Landscape
   3.1. Market Share Analysis
   3.2. Comparative Analysis
      3.2.1. Product Benchmarking
      3.2.2. End User profiling
      3.2.3. Patent Analysis
      3.2.4. Top 5 Financials Analysis
4. Haptic technology Market Forces
   4.1. Market Drivers
   4.2. Market Constraints
   4.3. Market Challenges
   4.4. Attractiveness of the Industry
      4.4.1. Power of Suppliers
      4.4.2. Power of Customers
      4.4.3. Threat of New entrants
      4.4.4. Threat of Substitution
      4.4.5. Degree of Competition
5. Haptic technology Market – Strategic Analysis
   5.1. Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunities Analysis
   5.4. Product/Market Life Cycle Analysis
   5.5. Suppliers and Distributors
6. Haptic technology Market - By Feedback Type
   6.1. Introduction
   6.2. Force Feedback
      6.2.1. Joysticks
      6.2.2. Gloves
      6.2.3. Steering wheels
      6.2.4. Trackball
      6.2.5. Game pads
   6.3. Tactical feedback
7. Haptic technology Market - By Components
   7.1. Introduction
   7.2. Actuators
      7.2.1. Linear resonant actuator (LRA)
      7.2.2. Eccentric rotating mass actuator ( ERM)
      7.2.3. Piezo actuator
      7.2.4. Electro active Polymer Actuators
   7.3. Haptic drive
   7.4. Microcontroller 
   7.5. Others
8. Haptic technology Market – By Technology
   8.1. Captive Technology
   8.2. Resistive Technology
9. Haptic Technology Market – By Application
   9.1. Introduction
   9.2. Industrial
      9.2.1. Aerospace
      9.2.2. Automotive
            9.2.2.1. Remote keyless entry
            9.2.2.2. Body control module
      9.2.3. Medical
            9.2.3.1. Infusion pump
            9.2.3.2. Pulse Oximetry
            9.2.3.3. Digital stethoscope
            9.2.3.4. Others
      9.2.4. Aerospace and Defense
      9.2.5. Military
      9.2.6. Consumer Electronics
            9.2.6.1. Mobile phones
            9.2.6.2. Tablets
            9.2.6.3. PC
            9.2.6.4. Wireless keyboards and Mouse
            9.2.6.5. Printers
            9.2.6.6. Wearable
            9.2.6.7. Washing Machines
            9.2.6.8. Gaming remotes
            9.2.6.9. Refrigerators
   9.3. Others
10. Haptic technology Market - By Geography
   10.1. North America 
      10.1.1. U.S.  
      10.1.2. Canada 
      10.1.3. Mexico 
      10.1.4. Rest of North America
   10.2. South America 
      10.2.1. Brazil 
      10.2.2. Venezuela
      10.2.3. Argentina
      10.2.4. Ecuador
      10.2.5. Peru
      10.2.6. Colombia 
      10.2.7. Costa Rica
      10.2.8. Rest of South America
   10.3. Europe 
      10.3.1. U.K. 
      10.3.2. Germany 
      10.3.3. Italy 
      10.3.4. France
      10.3.5. Netherlands
      10.3.6. Belgium
      10.3.7. Spain
      10.3.8. Denmark
      10.3.9. Rest of Europe
   10.4. APAC
      10.4.1. China 
      10.4.2. Australia 
      10.4.3. South Korea
      10.4.4. India
      10.4.5. Taiwan
      10.4.6. Malaysia
      10.4.7. Hong Kong  
      10.4.8. Rest of APAC
   10.5. Middle East& Africa 
      10.5.1. Israel
      10.5.2. South Africa
      10.5.3. Saudi Arabia
   10.6. Rest of Middle East and Africa
11. Market Entropy
   11.1. New Product Launches
   11.2. M&As, Collaborations, JVs, Partnership
12. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
   12.1. Immersion Corporation
   12.2. Texas Instruments, Inc.
   12.3. AAC Technologies Holdings, Inc.
   12.4. Johnson Electric Holdings Limited
   12.5. Densitron Technologies PLC
   12.6. Company 6
   12.7. Company 7
   12.8. Company 8
   12.9. Company 9
   12.10. Company 10
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
13. Appendix
   13.1. Abbreviations
   13.2. Sources
   13.3. Research Methodology
   13.4. Bibliography
   13.5. Compilation of Expert Insights
   13.6. Disclaimer
The global haptic technology market is valued $18.31 billion in the year 2017 and is expected to grow at a CAGR of 19.8% from the year 2017 to 2022. Based on the feedback type available the haptic technology is segmented as force and tactile. Among the two different types available tactile is having the highest market share of $11.80 billion in the year 2017 and is anticipated to grow at a CAGR of 20.9% from the year 2018-2022 and force feedback is valued $7.75 billion in the year 2017 and is expected to grow at a CAGR of 17.9% from the year 2018-2022. Increasing usage of haptic technology in healthcare and consumer market may increase the market share for haptic technology.

What is Haptic Technology Market?
Haptic technology is the sense of touch which can interact with computers, PC’s and many others. The first use of haptic technology is aircrafts that relied on servomechanism system to operate control systems. Haptic technology can also be used to study human sense of touch by enabling the creation of controlled virtual objects. Haptic technology market is segmented based on the feedback types and also the components available. There are different components used in haptic technology like actuators, haptic drive and microcontroller unit. Actuators are the electronic devices which convert the electric energy to mechanical energy. Haptic actuators convert electric signals to vibrate which can be sensed by the user operating the end product. 

What are the major applications for Haptic Technology Market?
The major applications of haptic technology includes in many industries like aerospace, automotive, medical and in many other industries. In automotive haptic technology is applied for remote keyless entry whereas in consumer electronics is haptic technology is applied in mobile phones, PC’s, tablets and also in gaming devices.

Haptics Technology Market

Market Research and Market Trends Haptic technology Market:
  • Haptic technology is increasing its applications in textile industry. By using haptic technology in textile industry the customers will be able to feel the texture of the clothes by using internet.
  • Disney research has launched a force jacket by using haptic technology which can create embodied experiences such as AR and VR.by using this force jacket the person can feel the haptic effects such as hug, pinch and it can even create a haptic effect of snake slithering around the body.
  • Haptic technology in gloves which is using virtual reality. By using these gloves it monitor how the person is interacting with the real objects. This haptic gloves measures how the skin is stretching or contracting when a person lift any object. When an object is lifted the object is pressed in different places of the hand haptic gloves measures how hard the object is pressed. 
  • Cinionic and ultrahaptics have launched a turnkey visualization solution that engages the people in an interactive sensory experience in movie theatres. People in movie theaters are going to experience a thrill ride of sorts engaging in game play with virtual tools and feeling sensations like static fields of electricity, bubbles and other phenomena without touching the surface of the screen. There is even a possibility for people in avatar like gaming where an individual is actually present in the story. 
  • Haptic technology is increasing its application in healthcare. By using this technology the trainee surgeons are able to carry out a virtual operation using haptic controls. This process of conducting a virtual operation as a trainee will reduce the risk of cutting a human being.

Who are the Major Players in Haptics Technology market?
The companies referred in the market research report includes Immersion Corporation, Texas Instruments, Inc., AAC Technologies Holdings, Inc., Johnson Electric Holdings Limited, Densitron Technologies PLC and more than 10 other companies.

What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.

All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.

Key Takeaways from this Report
  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.
  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes. 
  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years. 
  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
List of Tables:

Table 1: Global Haptics Technology Market Revenue, By Feedback Type, 2015-2022 ($Billion)
Table 2: Global Haptics Technology Market Revenue, By Component, 2015-2022 ($Billion)
Table 3: Global Other Haptics Components Market Revenue, By Type, 2015-2022 ($Billion)
Table 4: Haptics Technology Market Revenue, By Application, 2015-2022 ($Billion)
Table 5: Haptics Technology Market Revenue, By Region, 2015-2022 ($Billion)
Table 6: Americas Haptics Technology Market Revenue, By Region, 2015-2022 ($Million)
Table 7: Americas Haptics Technology Market, By Application, 2015-2022 ($Million)
Table 8: Europe Haptics Technology Market Revenue, By Region, 2015-2022 ($Million)
Table 9: Europe Haptics Technology Market, By Application, 2015-2022 ($Million)
Table 10: APAC Haptics Technology Market Revenue , By Application, 2015-2022 ($Million)
Table 11: RoW Haptics Technology Market Revenue, By Countries 2015-2022 ($Million)
Table 12: RoW Haptics Technology Market Revenue, By Application, 2015-2022 ($Million)


List of Figures:

Figure 1: Haptics Technology Market Revenue, By Region, 2015 and 2022 (%)
Figure 2: Haptics Technology Market Revenue, By Components, 2015-2022 ($Billion)
Figure 3: Haptics Technology Market Revenue, By Application, 2015-2022 ($Billion)
Figure 4: Haptics Technology Market Share Analysis, By Company, 2015 (%)
Figure 5: AAC Technologies Holdings Inc.
Figure 6: Johnson Electric Holdings Ltd
Figure 7: Immersion Corporation
Figure 8: Texas Instruments Inc.
Figure 9: Earnings Per Share (EPS – Top Lighting System Suppliers)
Figure 10: Porter’s Five Forces - Impacts
Figure 11: Supplier’s Bargaining Power Analysis
Figure 12: Buyer’s Bargaining Power Analysis
Figure 13: Threat of Substitutes Analysis
Figure 14: Threat of New Entrants Analysis
Figure 15: Competitive Rivalry Analysis
Figure 16: Haptic Technology Devices Prices, By Application, 2015-2022 ($/Unit)
Figure 17: Haptic Technology Market Life Cycle, 2015-2022
Figure 18: Force Feedback Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 19: Tactile Feedback Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 20: Haptics Technology Market: Actuators, 2015-2022 ($Billion)
Figure 21: Haptics Technology Market: Haptics Drive, 2015-2022 ($Billion)
Figure 22: Haptics Technology Market: Microcontroller, 2015-2022 ($Billion)
Figure 23: Global Other Haptics Components Market Revenue, By Type, 2015-2022 ($Billion)
Figure 24: Haptics Technology Market Revenue, By Application, 2015 (%)
Figure 25: U.S.’s Sales of Computer and Video Game, 2013-2014 ($Billion)
Figure 26: Consumer Application: Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 27: Medical Application: Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 28: Automobile Production, By Country, 2015 (‘000 Units)
Figure 29: Automobile Production, By Vehicle Type, 2015 (‘000 Units)
Figure 30: Automotive Application: Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 31: Other Applications: Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 32: Global Haptics Technology Market Revenue, 2015-2022 ($Billion)
Figure 33: Americas Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 34: Americas Haptics Technology Market Revenue, By Feedback Type, 2015-2022 ($Million)
Figure 35: Americas Haptics Technology Market Revenue, By Component, 2015-2022 ($Million)
Figure 36: Americas Haptics Technology Component Market, By Others, 2015-2022 ($Million)
Figure 37: North America Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 38: North America Haptics Technology Market Revenue, By Country, 2015-2022 ($Million)
Figure 39: Brazil Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 40: Argentina Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 41: Rest of Americas Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 42: Europe Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 43: Europe Haptics Technology Market Revenue, By Feedback Type, 2015-2022 ($Million)
Figure 44: Europe Haptics Technology Market Revenue, By Component, 2015-2022 ($Million)
Figure 45: Europe Haptics Technology Component Market, By Others, 2015-2022 ($Million)
Figure 46: U.K. Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 47: France Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 48: Germany Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 49: Rest of Europe Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 50: APAC Haptics Technology Market Revenue , By Country, 2015-2022 ($Million)
Figure 51: APAC Haptics Technology Market Revenue, By Feedback Type, 2015-2022 ($Million)
Figure 52: APAC Haptics Technology Market Revenue , By Component, 2015-2022 ($Million)
Figure 53: APAC Haptics Technology Component Market Revenue , By Others, 2015-2022 ($Million)
Figure 54: China Haptics Technology Market Revenue , 2015-2022 ($Million)
Figure 55: South Korea Haptics Technology Market Revenue , 2015-2022 ($Million)
Figure 56: Japan Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 57: India Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 58: Rest of APAC Haptics Technology Market Revenue , 2015-2022 ($Million)
Figure 59: RoW Haptics Technology Market Revenue, 2015-2022 ($Million)
Figure 60: RoW Haptics Technology Market Revenue, By Feedback Type, 2015-2022 ($Million)
Figure 61: RoW Haptics Technology Market Revenue, By Component, 2015-2022 ($Million)
Figure 62: RoW Haptics Technology Component Market Revenue, By Others, 2015-2022 ($Million)
Figure 63: Haptics Technology Market Entropy, By Total Number of Developments, 2013-2016* 
Figure 64: Haptics Technology Market Entropy Share, By Strategies, 2012-2016* (%)
Figure 65: 3D Systems, Inc. Revenue,, 2012-2015 ($Million)
Figure 66: 3D Systems, Inc. Revenue Share, By Business Segment, 2015 (%)
Figure 67: 3D Systems, Inc. Revenue Share, By Geography, 2015 (%)
Figure 68: Maxim Integrated Inc. Revenue 2013 – 2016 ($Billion) 
Figure 69: Maxim Integrated, Inc. Revenue Share, By Geography, 2016 (%) 
Figure 70: Immersion Corporation Revenue, 2013-2015 ($Million)
Figure 71: Immersion Corporation Revenue Share, By Geography, 2015 (%)
Figure 72: Immersion Corporation Revenue Share, By End-user Market, 2015 (%)
Figure 73: Immersion Corporation Revenue Share, By Country, 2015 (%)
Figure 74: Johnson Electric Holdings Ltd. Revenue, 2013-2016 ($Billion)
Figure 75: Johnson Electric Holdings Ltd Revenue Share, By Business Segment, 2015-16 (%)
Figure 76: Johnson Electric Holdings Ltd. Revenue Share, By Geography, 2015-16 (%)
Figure 77: AAC Technologies Holdings Inc. Revenue 2013 – 2016* ($Million) 
Figure 78: AAC Technologies Holdings Inc. Revenue, By Geography, 2015 (%) 
Figure 79: Texas Instruments Incorporated Revenue, 2013 – 2015 ($Billion) 
Figure 80: Texas Instruments Incorporated Revenue Share, By Business Segment, 2015 (%) 
Figure 81: Texas Instruments Incorporated Revenue Share, By Geography, 2015 (%) 
Figure 82: SMK Corporation Revenue, 2012-2015 ($Million)
Figure 83: SMK Corporation Revenue Share, By Product Group, 2015 (%)
Figure 84: SMK Corporation Revenue Share, By Geography, 2015 (%)
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