Global Haptics Strategic Business Report 2023: Market to Reach $47 Billion by 2030 - Smart Homes and Home Automation Systems to Provide Robust Opportunities

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Apr 18, 2023, 21:00 ET

DUBLIN, April 18, 2023 /PRNewswire/ -- The "Haptics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Haptics Market to Reach $47 Billion by 2030

The global market for Haptics estimated at US$16.8 Billion in the year 2022, is projected to reach a revised size of US$47 Billion by 2030, growing at a CAGR of 13.7% over the analysis period 2022-2030.

Tactile, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$36 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Force segment is readjusted to a revised 11.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 16.2% CAGR

The Haptics market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 11.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
Haptics Gains Significance as Contactless Technologies Attract Interest
From a Modest Start, Haptic Technology Garners Immense Attention
Haptics - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Haptics: A Prelude
Types of Haptic Feedback
Advantages of Using Haptics
Challenges in Haptics Usage
Major Use Cases of Haptic Technology
Market Outlook
Key Future Trends in Haptic Technology
Recent Market Activity
Select Innovations

MARKET TRENDS & DRIVERS

Haptic Presents Potent Marketing Tool to Lift Customer Experience & Retention
New Opportunities for Haptic Touchpads in Laptops
Smart Homes and Home Automation Systems to Provide Robust Opportunities
Growing Number of Smart Homes Catalyzes Opportunities for Haptic Technology
Growing Significance of Haptics in AR and VR Application
Multi-Channel Haptics to Drive Growth
Automotive & Transportation to Broader Uptake
For Electric Car Makers, Haptic Technology is New Option to Stand Out & Differentiate
Faurecia and Immersion Corporation Come together for developing highly interactive Haptic User Interfaces
Demand for More Immersive User Experience Drives Incorporation of Haptics in Video Gaming
Impact of COVID-19 Pandemic on Gaming Industry
To Cope With the Pandemic, Sequestered People Around the Globe Escape to Gaming
Key Statistical Findings
Strong Growth in Mobile Video Usage Drives the Business Case for Haptics
Opportunity Indicator
Haptics Gain at the Expense of Home Button in Smartphones
Opportunity Indicators
Advanced Haptics from Qualcomm for Android
Tactile Computing Revolution Opens a New Window of Opportunity for Haptics
An Introduction to High-Definition Haptic Feedback
Haptics Emerges As a Key Strategy for Product Differentiation
Haptics Technology for Virtual Prototyping
Haptics in Healthcare: A Growing Field
Simulated Training Drive Adoption of Haptics in Surgical Procedures
Increasing Role of Haptic Technology in Designing of Innovative Products with Increased Functionalities
Haptic Technology Finds Opportunities in Retail to Boost Shopping Experience
UltraHaptics to Bring In a New Era of Touchless Touch Screens
Wearable Haptics Gain Prominence in Personalized Devices
Robotics Emerges as an Essential Applications of Haptic Feedback
Proliferation of Touchscreens, Touch Surfaces & Their Inherent UI Limitations Amplify Interest in Haptics
Adoption of Touch Screens in Public Shared Devices: An Attractive Opportunity for Growth
Haptic Technology Brings Myriad of Exciting Possibilities
Strong Focus on Industrial Automation Drives Interest in Haptics
Development of New Generation Automated Aircrafts Drives Demand for Haptics in Commercial Flight Simulation Equipment
Haptic Technology Finds Application in Space
Haptics Set to Revolutionize Molecular Biology & Cellular Research
Potential Application of Haptic Technology for Creating Mobility Devices for Visually Impaired People
Haptics in Entertainment Industry

FOCUS ON SELECT PLAYERS (Total 119 Featured)

3D Systems, Inc.
AAC Technologies
ALPS ALPINE CO., LTD.
CyberGlove Systems LLC
Dongwoon Anatech Co., Ltd.
Force Dimension
Haption S.A.
IMAGIS
Immersion Corporation
Infineon Technologies AG
Johnson Electric Holdings Limited
Microchip Technology Inc.
Moog Inc.
Precision Microdrives Ltd.
SMK Corporation
Synaptics Incorporated
TDK Corporation
Texas Instruments Incorporated
Ultrahaptics

For more information about this report visit https://www.researchandmarkets.com/r/t9b4us

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