Haptic Technology Market trends research and projections for 2018-2024 - PowerPoint PPT Presentation

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Haptic Technology Market trends research and projections for 2018-2024

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More Information @ Tactile feedback segment in the haptic technology market has witnessed high revenue and growth prospects in the recent years. This is attributed to the rising implementation across several consumer electronics devices such as smartphones, tablets, and laptops. Additionally, increasing usage in various other applications such as wearables, gaming, healthcare, and automotive products is fueling the demand. – PowerPoint PPT presentation

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Title: Haptic Technology Market trends research and projections for 2018-2024


1
Haptic Technology Industry analysis research and
trends report for 2018-2024 Global Market
Insights Inc.
2
Regional Analysis of Haptic Technology Market
  • India, China, and Japan are expected to grow at
    high rates in the haptic technology market owing
    to the presence of a large number of consumer
    electronics manufacturers in these countries. A
    high demand in the Asia Pacific region is
    attributed to the increased buying power of
    customers in purchasing such products. The U.S.
    has dominated the haptic technology market due to
    the early adoption of advanced technologies and
    growing research and development practices
    related to these technologies.
  • Growing number of automobile manufacturers in the
    country are increasing the technology
    consumption. These are used in vehicles that
    provide communication essential information to
    the driver at times of emergency situations and
    accidents. Additionally, this is used in creating
    non-visual communication and control systems in
    vehicles by improving the reaction time and
    providing necessary warnings. The increasing
    demand for automotive user interface in the U.S.
    that supports safe driving is creating large
    development opportunities for the haptic
    technology market. The ultrasonic mid-air
    advancement enables three-dimensional vehicle
    interaction, reducing the need for buttons,
    knobs, and screens.

3
Application Analysis of Haptic Technology Market
  • A major trend impacting the haptic technology
    market is the implementation of the 3D
    touchscreen with haptic feedback. For instance,
    Microsoft has developed devices incorporating
    these technologies along with 3D screens, which
    can provide feedback to operators and give them
    the ability to push 3D objects around in a
    virtual space. The trend of manufacturing
    self-service kiosks by implementing these
    technologies will aid in increasing the usability
    of touch senses in the kiosks. Advanced
    electrostatics is used to create movement
    sensations on kiosk touch screens, eliminating
    the need for movable components such as servers
    scanners and suitable for all screen sizes and
    types. The implementation of IoT systems with
    these components is an advanced technical trend
    in the haptic technology market owing to its use
    in eccentric rotating mass, linear resonant, and
    piezoelectric actuators. Apples Taptic Engine,
    which is an IoT system based on the LRA
    technology provides a localized experience for
    improving users touch on the keyboard.
  • The haptic technology market has growth
    opportunities in healthcare machines as doctors
    are able to navigate through and view the
    patients 3D brain scan. It is increasingly
    implemented in cases of perceptual deficiencies
    by health professionals and patients to alert
    them in performing necessary actions and can be
    used in both home and hospital settings.

4
Browse Full Market Research Report On Haptic
Technology Market _at_ https//bit.ly/2m3EID7
Request for an in-depth table of contents
for this report _at_ https//bit.ly/2L4lZCm
5
Market research reports Key analytical components
6
Competitive Market Share of Haptic Technology
Market
  • Players operating in the haptic technology market
    include SMK Electronics, Immersion Corporation,
    Texas Instruments, Inc., Haption S.A., Force
    Dimension, and Geomagic, Inc. Companies have
    adopted strategies such as new product
    developments or innovations, mergers,
    acquisitions, collaborations, and partnerships to
    sustain the increasing competition in the haptic
    technology market. For instance, in May 2018,
    Immersion Corporation signed a licensing
    agreement with Panasonic to add haptics to
    automotive interfaces application, strengthening
    its hold in the haptic technology market.

7
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