The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Haptic Technology Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Haptic Technology Industry (2023-2028):
According to the latest report, The Haptic Technology Market size was valued at around USD 3.88 billion in 2022 & is estimated to grow at a CAGR of about 3.9% during the forecast period, i.e., 2023-28. The report demonstrates the prominent factors propelling the exponential growth of the Haptic Technology industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2018-21
- Base Year: 2022
- Forecast Period: 2023-28
- CAGR: 3.9%
What are the major Driver the Haptic Technology industry?
Booming Deployment of Haptic Technology in Consumer Devices to Drive the Market – With the rising usage of consumer devices like smartphones, wearables, tablets, smart homes, laptops, virtual reality, etc., the Haptic Technology Industry is driving across the globe, as the usage of haptic technology in consumer devices aids in enhancing the performance, sensation, and achieving touchscreen accuracy. Also, nowadays, as many consumer devices are touch-enabled, thus the demand for haptic technology would increase, further positively affecting the market share.
Additionally, this technology assists in generating effective controls in a user-friendly manner, therefore gaining prevalence in the gaming sector in the past few years. Consequently, the ever-increasing adoption of smartphones & the growing interest in video games among the population would contribute to upscaling the Global Haptic Technology Market in the forthcoming years.
Download a sample PDF of this report to gain insights into the complete report structure – https://www.marknteladvisors.com/query/request-sample/haptic-technology-market.html
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2028, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Haptic Technology Market Segmentation
The Haptic Technology Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Component
- Hardware- Market Size & Forecast 2018-2028, USD Million
- Actuators- Market Size & Forecast 2018-2028, USD Million
- Drivers & Microcontrollers- Market Size & Forecast 2018-2028, USD Million
- Software- Market Size & Forecast 2018-2028, USD Million
- Hardware- Market Size & Forecast 2018-2028, USD Million
- By End Users
- Consumer Devices- Market Size & Forecast 2018-2028, USD Million
- Automotive & Transportation- Market Size & Forecast 2018-2028, USD Million
- Education & Research- Market Size & Forecast 2018-2028, USD Million
- Healthcare- Market Size & Forecast 2018-2028, USD Million
- Commercial & Industrial- Market Size & Forecast 2018-2028, USD Million
- Others- Market Size & Forecast 2018-2028, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Haptic Technology Market is expected to be dominated by North America by capturing the potential market share.
Explore further details about this research report – https://www.marknteladvisors.com/research-library/haptic-technology-market.html
Top Companies in the Haptic Technology Market
Texas Instruments Inc., Johnson Electric Holdings Ltd., AAC Technologies, TDK Corporation, Microchip Technology Inc., Immersion, Semiconductor Components Industries LLC, Precision Microdrives, Synaptics Inc., Ultraleap, Infineon Technologies AG, Novasentis Inc., Renesas Electronics Corp., Vybronics, Imagis, and Others
Global Haptic Technology Industry Recent Developments
January 2023: TDK Corporation in collaboration with Texas Instruments launched a TDK i3 Micro Module. This module has a built-in edge AI & wireless mesh connectivity.
June 2022: Microchip Technology Inc., announced the launch of maXTouch Knob-on-Display (KoD). It is an automotive-grade touch controller that allows capacitive rotary encoders and mechanical switches on a touch panel to be detected and reported.
Why Markntel Advisors Report?
Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comprehensive comparisons of products and services.
Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.
Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.
Need personalized insights? Click here to customize this report- https://www.marknteladvisors.com/query/request-customization/haptic-technology-market.html
For Further Queries:
Contact Us
MarkNtel Advisors
+1 628 895 8081, +91 120 4278433
Corporate Office: Office No.109,
H-159, Sector 63, Noida, Uttar Pradesh – 201281, India
