April 28, 2024
ICT

Haptic Technology Market Size to Grow US$ 23.8 Billion By 2030

The global haptic technology market size was valued at US$ 9.2 billion in 2021 and is anticipated to grow US$ 23.8 billion by 2030, registering a compound annual growth rate (CAGR) of 11.14%  from 2022 to 2030.

Haptic Technology Market Size 2022 To 2030

The haptic technology market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the haptic technology market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the haptic technology report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the haptic technology market have been studied and analysed across many developments.

Market Scope

Report Coverage Details
Market Size in 2022 USD 9.2 Billion
Market Size by 2030 USD 23.8 Billion
Growth Rate from 2022 to 2030 CAGR of 11.14%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Component, Application, Feedback Type, and Geography

Research Approach

The comprehensive report on the global haptic technology market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global haptic technology market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Citizen Electronics Co. Ltd.
  • Immersion Corporation
  • Cree Inc.
  • Everlight Americas Inc.
  • LG INNOTEK
  • Merck KGaA
  • Lumileds Holding B.V.
  • Nichia Corporation
  • OSRAM GmbH
  • Seoul Semiconductor Co. Ltd.
  • Stanley Electric Co.
  • Toyoda Gosei Co. Ltd

Market Segmentations

By Component 

  • Solution
    • Actuators
    • Drivers and Controllers
    • Others
  • Software

By Application

  • Consumer Electronics
  • Gaming
  • Healthcare
  • Robotics
  • Education
  • Research
  • Others

By Feedback Type

  • Tactile
  • Force

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Haptic Technology Market 

5.1. COVID-19 Landscape: Haptic Technology Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Haptic Technology Market, By Component

8.1. Haptic Technology Market, by Component, 2022-2030

8.1.1 Solution

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Software

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Haptic Technology Market, By Application

9.1. Haptic Technology Market, by Application, 2022-2030

9.1.1. Consumer Electronics

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Gaming

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Healthcare

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Robotics

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.6. Education

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Research

9.1.7.1. Market Revenue and Forecast (2017-2030)

9.1.8. Others

9.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Haptic Technology Market, By Feedback Type 

10.1. Haptic Technology Market, by Feedback Type, 2022-2030

10.1.1. Tactile

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Force

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Haptic Technology Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Component (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Component (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Feedback Type (2017-2030)

Chapter 12. Company Profiles

12.1. Citizen Electronics Co. Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Immersion Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Cree Inc

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Everlight Americas Inc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. LG INNOTEK

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Merck KGaA

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Lumileds Holding B.V.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Nichia Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. OSRAM GmbH

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Seoul Semiconductor Co. Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global haptic technology market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for haptic technology are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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