TechNavio's analysts forecast the Global Automotive Haptic Technology market to grow at a CAGR of 1.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need to improve driver and passenger safety. The Global Automotive Haptic Technology market has also been witnessing a growing need for product differentiation from automobile manufacturers. However, the impact of the long design cycles in the Automotive Sector could pose a challenge to this market.
TechNavio's report, the Global Automotive Haptic Technology Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global Automotive Haptic Technology market landscape and its growth prospects in the coming years. The scope of this report is restricted to just Haptic Technology for the Automotive sector.
The key vendor dominating this market space is Immersion Corp.