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(Hosting-NewsWire.com, February 16, 2016 ) Haptic technology deals with touch sensation while interacting with touchscreen devices such as smartphones, tablets, and infotainment systems through a tactile feedback technology. Touch sensations can be in the form of applied forces, motions, or vibrations and can be felt by users through devices. This stimulation enhances the user experience and can be used to create and control virtual objects. Haptic devices are deployed with tactile sensors that measure the force exerted by a user on the interface. Actuators or motors produce the haptic sensation, which is managed by software incorporated into the device interface through an application programming interface.
Market analysts forecast the global haptic technology market to grow at a CAGR of 11.64% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global haptic technology market for 2016-2020. To calculate the market size, the report considers the revenue generated from the licensing of haptic technology
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The market is divided into the following segments based on application: Consumer electronics Automotive Medical Others (desktop phones, printers, POS devices, and industrial controls)
New report, Global Haptics Technology Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Immersion
Other prominent vendors AAC Technologies ADI Alps Electric Atmel Bluecom Cypress Semiconductor Daesung Dongwoon Anatech Fairchild Hokuriku Hysonic Imagis Jahwa Electronics Jinlong Johnson Electric Konghong Methode Electronics Microchip NEC TOKIN Nidec Copal RAONTECH SEMCO SMK Texas Instruments Visteon Yeil Electronics.
Market driver Growing demand for interactive sensory experience For a full, detailed list, view our report
Market challenge Constant need for design upgrades For a full, detailed list, view our report
Market trend High usage of touch screens For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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Table Of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by application Market overview Consumer electronics Automotive Medical Others PART 07: Geographical segmentation Market overview Haptics technology market in APAC Haptics technology market in EMEA Haptics technology market in Americas PART 08: Key leading countries South Korea US Japan PART 09: Market drivers Growing demand for interactive sensory experience Strategic partnerships with OEMs and software developers Rising need for product differentiation and customer comfort in automobiles Emergence of HD haptics PART 10: Impact of drivers PART 11: Market challenges Need for design upgrade Lengthy design cycles Low consumer awareness High power consumption PART 12: Impact of drivers and challenges PART 13: Market trends High usage of touch screens Haptics for wearables Emergence of ultra-haptics Next-generation smart material actuator technologies PART 14: Vendor landscape Competitive scenario PART 15: Appendix List of abbreviations PART 16: Explore Technavio
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