Reports

Global Haptic Technology Market: By Technology: Resistive Technology, Captive Technology; By Component: Microcontrollers, Drivers, Actuators, Software; By Feedback: Force, Tactile; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Haptic Technology Market Outlook

The global haptic technology market witnessed a healthy growth in the historical period of 2018-2022 aided by the rising demands for consumer electronic devices. The market is expected to grow at a CAGR of 14% during the forecast period of 2023-2028.

 

Global Haptic Technology Market

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Asia Pacific Expected to hold a Major Share of Global Haptic technology Market

With growing digitization and increasing penetration and usage of internet enabled devices, the demand for haptic technologies is expected to grow in the coming years, especially in the Asia Pacific region. Additionally, technological advancements are expected to drive the haptic technology market forward. Early adoption of technology and rapid advancements in the field have provided impetus to the market growth in the region. Furthermore, research and development activities across the globe and the drive to develop newer applications for haptic technology are expected to drive the industry forward. Changing lifestyles coupled with an increasing demand for touchscreens for enhanced consumer experience is expected to bolster market growth.

 

Haptic Technology: Market Segmentation

Haptic technology recreates the sense of touch through vibration or other means. It acts as an interface between the user and the connected device, providing tactile, or force feedback to the users. Haptics find wide applications, and is known to enhance user experience by engaging sound, light, and touch, especially in joysticks, controllers, and steering wheels in video games.

 

Global Haptic Technology Market By Component

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On the basis of technology, the market can be bifurcated into:

  • Resistive Technology
  • Captive Technology
  • Others

Based on component, the industry is being segmented into:

  • Microcontrollers
  • Drivers
  • Actuators
  • Software
  • Others

By feedback, the market is bifurcated into:

  • Force
  • Tactile

Based on application, the market is divided into:

  • Automotive and Transportation
  • Consumer Electronics
  • Education and Research
  • Healthcare
  • Engineering
  • Gaming
  • Others

The regional markets for the product include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Haptic Technology Market By Region

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Increasing Demand for Consumer Electronics Devices Driving the Market Growth

Rapidly growing demands for consumer electronics devices, like smartphones, tablets, home appliances, and the need for product differentiation are driving the global haptic technology market forward. As new industries are joining the market, there have been a rise in new technologies and improvements in the existing structures of haptic technologies, taking the market forward. Moreover, increasing demand for gaming applications is acting as a catalyst to market growth. The adoption of haptic technology structures in the medical sector to train doctors in various surgical procedures is providing impetus to the market. Moreover, adoption of technologies like internet of things (IoT) are expected to drive the market forward.

 

Key Industry Players in the Global Haptic technology Market

The report gives a detailed analysis of the following key players in the global haptic technology market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Immersion Corporation
  • Johnson Electric Holdings Limited
  • Force Dimension
  • 3D Systems, Inc.
  • Ultraleap Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, Component, Feedback, Application, Region
Breakup by Technology Resistive Technology, Captive Technology, Others
Breakup by Component Microcontrollers, Drivers, Actuators, Software, Others
Breakup by Feedback Force, Tactile
Breakup by Application Automotive and Transportation, Consumer Electronics, Education and Research, Healthcare, Engineering, Gaming, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Immersion Corporation, Johnson Electric Holdings Limited, Force Dimension, 3D Systems, Inc., Inc, Ultraleap Limited, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Haptic Technology Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Haptic Technology Historical Market (2018-2022) 
    8.3    Global Haptic Technology Market Forecast (2023-2028)
    8.4    Global Haptic Technology Market by Technology
        8.4.1    Resistive Technology
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Captive Technology
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Haptic Technology Market by Component
        8.5.1    Microcontrollers
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Drivers
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Actuators
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Software
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Haptic Technology Market by Feedback
        8.6.1    Force
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Tactile
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Haptic Technology Market by Application
        8.7.1    Automotive and Transportation
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Consumer Electronics
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Education and Research
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Engineering
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
        8.7.6    Gaming
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2018-2022)
            8.7.6.3    Forecast Trend (2023-2028)
        8.7.7    Others 
    8.8    Global Haptic Technology Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022)
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022)
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Haptic Technology Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Haptic Technology Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Haptic Technology Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Haptic Technology Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Haptic Technology Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Immersion Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Johnson Electric Holdings Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Force Dimension
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    3D Systems, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Ultraleap Limited
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and  Developments in the Market

 

List of Key Figures and Tables

1.    Global Haptic Technology Market: Key Industry Highlights, 2018 and 2028
2.    Global Haptic Technology Historical Market: Breakup by Technology (USD Billion), 2018-2022
3.    Global Haptic Technology Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4.    Global Haptic Technology Historical Market: Breakup by Component (USD Billion), 2018-2022
5.    Global Haptic Technology Market Forecast: Breakup by Component (USD Billion), 2023-2028
6.    Global Haptic Technology Historical Market: Breakup by Feedback (USD Billion), 2018-2022
7.    Global Haptic Technology Market Forecast: Breakup by Feedback (USD Billion), 2023-2028
8.    Global Haptic Technology Historical Market: Breakup by Application (USD Billion), 2018-2022
9.    Global Haptic Technology Market Forecast: Breakup by Application (USD Billion), 2023-2028
10.    Global Haptic Technology Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Haptic Technology Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Haptic Technology Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Haptic Technology Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Haptic Technology Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Haptic Technology Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Haptic Technology Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Haptic Technology Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Haptic Technology Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Haptic Technology Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Haptic Technology Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Haptic Technology Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Global Haptic Technology Market Structure

Key Questions Answered in the Report

What is the growth rate of the haptic technology market?

The market is projected to grow at a CAGR of 14% between 2021 and 2026.

What are the major industry drivers?

The major drivers of the industry, such as increasing digitization, rising demands for consumer electronics devices, and improvements in technologies are expected to aid the market growth.

What are the key industry trends of the global haptic technology market?

The key market trend guiding the growth of the haptic technology market is increasing rural penetration of internet, especially in emerging economies.

What are the major regional markets of haptic technology, according to the EMR report?

The major regions in the industry are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

What are the leading types of technology in the industry?

The leading technologies in the industry are resistive technology, captive technology, among others.

What are the leading component types in the industry?

The leading component types in the industry are microcontrollers, drivers, actuators, and software, among others.

What are the major feedback types?

The segments include force and tactile.

What are the major application sectors in the industry?

The major application sectors in the industry are automotive and transportation, consumer electronics, education and research, healthcare, engineering, and gaming, among others.

Who are the key industry players, according to the report?

The major players in the industry are Immersion Corporation, Johnson Electric Holdings Limited, Force Dimension, 3D Systems, Inc., and Ultraleap Limited, among others.

Analyst Review

The global haptic technology market is being driven by rising demands for consumer electronics devices. Aided by technological advancements, the market is expected to grow at a CAGR of 14% in the forecast period of 2023-2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By technology, the market is bifurcated into resistive technology, captive technology, among others. Based on component, the market is divided into microcontrollers, drivers, actuators, and software, among others. On the basis of feedback, the market is divided into force, and tactile. Based on application, the industry is majorly divided into automotive and transportation, consumer electronics, education and research, healthcare, engineering, and gaming, among others. The major regional markets for the product include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Immersion Corporation, Johnson Electric Holdings Limited, Force Dimension, 3D Systems, Inc., and Ultraleap Limited among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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