Global Haptics Market 2023-2027

Description

List of Tables

Technavio has been monitoring the haptics market and it is poised to grow by $7,523.18 mn during 2023-2027, accelerating at a CAGR of 11.4% during the forecast period. Our report on the haptics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the adoption of HD haptics, demand for interactive sensory experience, and increased demand for in-car infotainment services.

Technavio's haptics market is segmented as below:

By Application

Consumer electronics
Automotive and Transportation
Others

By Component

Hardware
Software

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the evolution of smart material actuator technologies as one of the prime reasons driving the haptics market growth during the next few years. Also, the emergence of ultrahaptics and the integration of haptics with driver-state monitoring systems will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the haptics market covers the following areas:

Haptics market sizing
Haptics market forecast
Haptics market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading haptics market vendors that include 3D Systems Corp, AAC Technologies Holdings Ltd., Alps Alpine Co. Ltd, Analog Devices Inc., Dongwoon Anatech Co. Ltd., Force Dimension, HAPTION SA, IMAGIS Co. Ltd., Immersion Corp., Infineon Technologies AG, Johnson Electric Holdings Ltd, Microchip Technology Inc., ON Semiconductor Corp, OSRAM GmbH, Precision Microdrives Ltd., SMK Corp., Synaptics Inc., Texas Instruments Inc., Toyoda Gosei Co. Ltd., and Ultraleap Ltd. Also, the haptics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43350

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Component
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global haptics market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global haptics market 2017 - 2021 ($ million)
4.2 Applicaton Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Applicaton Segment 2017 - 2021 ($ million)
4.3 Component Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Consumer electronics - Market size and forecast 2022-2027
Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
6.4 Automotive and transportation - Market size and forecast 2022-2027
Exhibit 38: Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Component

7.1 Market segments
Exhibit 47: Chart on Component - Market share 2022-2027 (%)
Exhibit 48: Data Table on Component - Market share 2022-2027 (%)
7.2 Comparison by Component
Exhibit 49: Chart on Comparison by Component
Exhibit 50: Data Table on Comparison by Component
7.3 Hardware - Market size and forecast 2022-2027
Exhibit 51: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
7.4 Software - Market size and forecast 2022-2027
Exhibit 55: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Software - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Component
Exhibit 59: Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.11 South Korea - Market size and forecast 2022-2027
Exhibit 97: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 105: Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 3D Systems Corp
Exhibit 112: 3D Systems Corp - Overview
Exhibit 113: 3D Systems Corp - Business segments
Exhibit 114: 3D Systems Corp - Key news
Exhibit 115: 3D Systems Corp - Key offerings
Exhibit 116: 3D Systems Corp - Segment focus
12.4 AAC Technologies Holdings Ltd.
Exhibit 117: AAC Technologies Holdings Ltd. - Overview
Exhibit 118: AAC Technologies Holdings Ltd. - Business segments
Exhibit 119: AAC Technologies Holdings Ltd. - Key offerings
Exhibit 120: AAC Technologies Holdings Ltd. - Segment focus
12.5 Alps Alpine Co. Ltd
Exhibit 121: Alps Alpine Co. Ltd - Overview
Exhibit 122: Alps Alpine Co. Ltd - Business segments
Exhibit 123: Alps Alpine Co. Ltd - Key news
Exhibit 124: Alps Alpine Co. Ltd - Key offerings
Exhibit 125: Alps Alpine Co. Ltd - Segment focus
12.6 Analog Devices Inc.
Exhibit 126: Analog Devices Inc. - Overview
Exhibit 127: Analog Devices Inc. - Business segments
Exhibit 128: Analog Devices Inc. - Key offerings
Exhibit 129: Analog Devices Inc. - Segment focus
12.7 Dongwoon Anatech Co. Ltd.
Exhibit 130: Dongwoon Anatech Co. Ltd. - Overview
Exhibit 131: Dongwoon Anatech Co. Ltd. - Product / Service
Exhibit 132: Dongwoon Anatech Co. Ltd. - Key offerings
12.8 IMAGIS Co. Ltd.
Exhibit 133: IMAGIS Co. Ltd. - Overview
Exhibit 134: IMAGIS Co. Ltd. - Product / Service
Exhibit 135: IMAGIS Co. Ltd. - Key offerings
12.9 Immersion Corp.
Exhibit 136: Immersion Corp. - Overview
Exhibit 137: Immersion Corp. - Business segments
Exhibit 138: Immersion Corp. - Key offerings
Exhibit 139: Immersion Corp. - Segment focus
12.10 Infineon Technologies AG
Exhibit 140: Infineon Technologies AG - Overview
Exhibit 141: Infineon Technologies AG - Business segments
Exhibit 142: Infineon Technologies AG - Key news
Exhibit 143: Infineon Technologies AG - Key offerings
Exhibit 144: Infineon Technologies AG - Segment focus
12.11 Johnson Electric Holdings Ltd
Exhibit 145: Johnson Electric Holdings Ltd - Overview
Exhibit 146: Johnson Electric Holdings Ltd - Business segments
Exhibit 147: Johnson Electric Holdings Ltd - Key offerings
Exhibit 148: Johnson Electric Holdings Ltd - Segment focus
12.12 Microchip Technology Inc.
Exhibit 149: Microchip Technology Inc. - Overview
Exhibit 150: Microchip Technology Inc. - Business segments
Exhibit 151: Microchip Technology Inc. - Key offerings
Exhibit 152: Microchip Technology Inc. - Segment focus
12.13 ON Semiconductor Corp
Exhibit 153: ON Semiconductor Corp - Overview
Exhibit 154: ON Semiconductor Corp - Business segments
Exhibit 155: ON Semiconductor Corp - Key offerings
Exhibit 156: ON Semiconductor Corp - Segment focus
12.14 Precision Microdrives Ltd.
Exhibit 157: Precision Microdrives Ltd. - Overview
Exhibit 158: Precision Microdrives Ltd. - Product / Service
Exhibit 159: Precision Microdrives Ltd. - Key offerings
12.15 SMK Corp.
Exhibit 160: SMK Corp. - Overview
Exhibit 161: SMK Corp. - Business segments
Exhibit 162: SMK Corp. - Key offerings
Exhibit 163: SMK Corp. - Segment focus
12.16 Synaptics Inc.
Exhibit 164: Synaptics Inc. - Overview
Exhibit 165: Synaptics Inc. - Product / Service
Exhibit 166: Synaptics Inc. - Key news
Exhibit 167: Synaptics Inc. - Key offerings
12.17 Texas Instruments Inc.
Exhibit 168: Texas Instruments Inc. - Overview
Exhibit 169: Texas Instruments Inc. - Business segments
Exhibit 170: Texas Instruments Inc. - Key news
Exhibit 171: Texas Instruments Inc. - Key offerings
Exhibit 172: Texas Instruments Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 175: Currency conversion rates for US$
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations
- demand for infrastructure-as-a-service (IaaS): The ongoing migration from on-premise infrastructure to cloud-based services is having an impact on the revenues of original equipment manufacturers (OEMs) of servers, albeit the adverse impact on them is slightly milder than the effect on storage equipment. The emergence of IaaS has had a strong impact on the IT hardware market. The biggest advantage of IaaS is that it allows enterprises to scale operations or introduce innovations in the workflow without the need to make substantial investments in storage and servers for the traditional on-premise hardware environment. At the same time, cloud-focused infrastructure spending is expected to increase in terms of server, disk storage, and networking hardware.