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

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 Technlogies 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

• 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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