Global Haptic Technology Market: Factors Helping to Maintain Strong Position Globally 2020-2026 - PowerPoint PPT Presentation

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Global Haptic Technology Market: Factors Helping to Maintain Strong Position Globally 2020-2026

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More Information @ the ongoing COVID-19 health crisis may damper overall haptic technology market growth in 2020 as the global economy takes a huge dip due to government-enforced lockdowns. Various countries have restrained consumer movement and temporarily shut down major distribution and manufacturing facilities to curb the spread of COVID-19. – PowerPoint PPT presentation

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Title: Global Haptic Technology Market: Factors Helping to Maintain Strong Position Globally 2020-2026


1
Haptic Technology Market Experts Anticipate
Market Boom in 2026
2
Industry Overview
  • Accordingly, to Global Market Insights research
    report The haptic technology market is estimated
    to garner remarkable growth on account of
    proliferating use of self-service kiosks with
    enhanced haptic feedback and 3D touchscreens.
    Numerous kiosk manufacturers have begun to
    integrate 3D and haptic technology in their
    products to offer improved visualization of
    objects.
  • Rising adoption of haptic technology in the
    automobile sector could play a crucial role in
    boosting product penetration. Automakers are
    driving heavy demand for 3D touchscreen displays
    that improve driver communication. This has
    compelled manufacturers to develop haptic
    solutions specific for automotive applications.
    Considering these aspects, Global Market
    Insights, Inc., forecasts that the haptic
    technology market might surpass USD 10 billion by
    2026.
  • However, the ongoing COVID-19 health crisis may
    damper overall haptic technology market growth in
    2020 as the global economy takes a huge dip due
    to government-enforced lockdowns. Various
    countries have restrained consumer movement and
    temporarily shut down major distribution and
    manufacturing facilities to curb the spread of
    COVID-19.

3
Continue
  • Analysts predict that this could affect the sales
    of automobiles, gaming equipment, and consumer
    electronics, in turn disrupting haptic technology
    Market growth. But the market is projected to see
    steady growth from 2021 as the effects of the
    pandemic lessen.
  • In terms of application, haptic technology is
    mainly used in gaming, consumer electronics,
    robotics, healthcare, and automotive sectors.
    Over the years, robots has managed to make its
    presence in industrial automation, healthcare,
    and manufacturing sectors. Rapid expansion in the
    robotic industry could fuel the demand for haptic
    technology. Haptic solutions offer accurate
    control over robots for improved precision in
    surgical and sensitive manufacturing
    applications.
  • Virtual reality (VR) has taken the gaming
    industry by a storm. VR haptics technology comes
    as an exciting piece of offering that provides an
    extra dimension to the VR world. The technology
    enables users to feel the virtual environment
    through the sense of touch along with the aural
    and visual perception.

4

Browse Full Market Research Report _at_
https//bit.ly/36GONwb Request for a
Sample of this Research report _at_
https//bit.ly/3c9gqPQ
5
Growth Drivers
  • Increasing penetration of smartphones across the
    globe
  • Rising use of haptic technology in medical and
    robotics industry

6
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  • Companies operating in the haptic technology
    Market are 3D Systems, Inc., Aito B.V., Force
    Dimension, Haption S.A., Haptx Inc., Immersion
    Corporation, ON Semiconductor, SENSEG OY, Texas
    Instruments, Ultraleap

7
Stay In Touch Website www.gminsights.com Soci
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