Haptic Devices Market 2020 Industry Top Manufacturers-Immersion Corporation, Force Dimensions, Haption S.A., ON Semiconductor Corporation, Johnson Electric
Haptic Devices Market latest industry research report provides in-depth analysis of definitions, size, share, growth, demand, classifications, applications and industry chain structure Forecasts until 2025. The report also consists of development trends, competitive landscape analysis, and key regions development status of the market.
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Haptic devices recreate the sense of touch by applying various forces such as vibrations or motions. This helps in creating virtual reality and objects, and controlling them in computer simulations. Haptic devices provide an enhanced user interface by taking the user experience to a whole new level. These devices also have a potential market in medical and automotive sectors.
Lack of technological awareness and high cost is also expected to pose a challenge to market growth. However, increasing incorporation of haptic devices in education has made teaching and learning easy as the students experience the practical applications of haptics and this helps them in understanding and further improving their skills.
Asia Pacific dominated the market in 2017, followed by North America and Europe. Asia Pacific is expected to hold significant market share over the forecasted period as well. This growth is largely driven by the consumer electronics sector.
The Tactile Feedback segment held the highest market share in 2017 of the global Haptic Devices market. This growth is primarily driven by its applications in consumer electronic devices such as smartphones and tablets. Almost all the smartphones and tablets are inbuilt with tactile feedback and the trend has been shifting to wearable devices such as smart watches and wristbands.
No of pages- 121
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Some of the key players operating in this market include Immersion Corporation, Force Dimensions, Haption S.A., ON Semiconductor Corporation, Johnson Electric and Others.
Key Benefits of the Report:
* Global, Regional, Country, Application, and Power Sources Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Power Sources & application, and competitive landscape with qualitative and quantitative information and facts
Target Audience:
* Haptic Devices providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Component Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Haptic Devices Market — Industry Outlook
4 Haptic Devices Market Feedback Outlook
5 Haptic Devices Market Application Outlook
6 Haptic Devices Market Regional Outlook
7 Competitive Landscape
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