KEY FINDINGS
The Asia Pacific haptic technology market is projected to record growth at a CAGR of 14.46% during the forecast period, 2020-2028. The presence of growing economies like Japan, China, and South Korea, is one of the prominent drivers of market growth, along with the presence of major haptic components suppliers.
MARKET INSIGHTS
The Asia Pacific haptic technology market growth analysis involves the market analysis of Thailand, Indonesia, India, Japan, China, Australia & New Zealand, South Korea, Vietnam, and the rest of Asia Pacific. Japan is known for its advanced technological products. The rising demand for consumer electronic devices like tablets and smartphones has resulted in a well-established VR market in Japan. The products of the Japanese consumer electronics companies like Panasonic Corporation, Toshiba Corporation, Sony Corporation, etc. have embraced the haptics feedback. With companies like Sony Corporation expanding its gaming portfolio by launching products like the PlayStation controller, the adoption of new touch screen technologies, along with the touch screen controllers market, gets boosted. The brick-and-mortar retailers are adopting touchscreen systems for enhanced customer interaction. The adoption of touch-enabled kiosks is further boosting the market growth. The prominent automotive sector of the country is witnessing increasing demands for convenience, safety, and comfort. The research and development expenditure is also growing in order to develop improved display technologies for meeting the connected car features.
The growing usage of smartphones is set to drive market growth in India. The surging disposable incomes have increased the demand for Smart Televisions. The flourishing automotive sector of the country provides immense growth opportunities for the market. Since touch controllers find major applications in consumer electronics, the thriving consumer electronics market is beneficial for haptic technology market growth.
COMPETITIVE INSIGHTS
The leading companies operating in the market are Senseg OY, Precision Microdrives Ltd, SMK Corporation, ON Semiconductor Corporation, Synaptics Incorporated, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia Pacific Haptic Technology Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Increasing Adoption Of Haptics In Consumer Electronic Devices
3.2.2. Growing Demand For Haptics In Gaming Consoles
3.2.3. Haptic Technology In Automotive Safety Applications
3.2.4. Growing Use Of Touch Screen Interfaces
3.3. Key Restraints
3.3.1. Declining Adoption Of Force Feedback Haptic Technology Due To High Cost
3.3.2. High Power Consumption
3.3.3. Technical Challenges Related To Product Design
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
5. Market Feedback Type
5.1. Tactile
5.2. Force
6. Market By Components
6.1. Actuators
6.2. Drivers & Controllers
6.3. Software
6.4. Others
7. Market By Application
7.1. Consumer Electronics
7.2. Engineering
7.3. Gaming
7.4. Automotive & Transportation
7.5. Education & Research
7.6. Healthcare
7.7. Others
8. Geographical Analysis
8.1. Asia Pacific
8.1.1. China
8.1.2. Japan
8.1.3. India
8.1.4. South Korea
8.1.5. Indonesia
8.1.6. Thailand
8.1.7. Vietnam
8.1.8. Australia & New Zealand
8.1.9. Rest Of Asia Pacific
9. Company Profiles
9.1. 3d Systems
9.2. Densitron Technologies
9.3. Force Dimension
9.4. Haption S.A.
9.5. Imagis
9.6. Immersion Corporation
9.7. Johnson Electric Holdings Limited
9.8. Microchip Technology Incorporated
9.9. On Semiconductor Corporation
9.10. Precision Microdrives Ltd
9.11. Senseg Oy
9.12. Smk Corporation
9.13. Synaptics Incorporated
9.14. Texas Instruments Inc
9.15. Ultraleap
List of Tables
Table 1: Market Snapshot - Haptic Technology
Table 2: Asia Pacific Haptic Technology Market, Feedback Type, Historical Years, 2016-2019 (In $ Million)
Table 3: Asia Pacific Haptic Technology Market, Feedback Type, Forecast Years, 2020-2028 (In $ Million)
Table 4: Asia Pacific Haptic Technology Market, By Components, Historical Years, 2016-2019 (In $ Million)
Table 5: Asia Pacific Haptic Technology Market, By Components, Forecast Years, 2020-2028 (In $ Million)
Table 6: Asia Pacific Haptic Technology Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 7: Asia Pacific Haptic Technology Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 8: Asia Pacific Haptic Technology Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 9: Asia Pacific Haptic Technology Market, By Country, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five-Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Asia Pacific Haptic Technology Market, Growth Potential, Feedback Type, In 2019
Figure 7: Asia Pacific Haptic Technology Market, By Tactile, 2020-2028 (In $ Million)
Figure 8: Asia Pacific Haptic Technology Market, By Force, 2020-2028 (In $ Million)
Figure 9: Asia Pacific Haptic Technology Market, Growth Potential, By Components, In 2019
Figure 10: Asia Pacific Haptic Technology Market, By Actuators, 2020-2028 (In $ Million)
Figure 11: Asia Pacific Haptic Technology Market, By Drivers & Controllers, 2020-2028 (In $ Million)
Figure 12: Asia Pacific Haptic Technology Market, By Software, 2020-2028 (In $ Million)
Figure 13: Asia Pacific Haptic Technology Market, By Others, 2020-2028 (In $ Million)
Figure 14: Asia Pacific Haptic Technology Market, Growth Potential, By Application, In 2019
Figure 15: Asia Pacific Haptic Technology Market, By Consumer Electronics, 2020-2028 (In $ Million)
Figure 16: Asia Pacific Haptic Technology Market, By Engineering, 2020-2028 (In $ Million)
Figure 17: Asia Pacific Haptic Technology Market, By Gaming, 2020-2028 (In $ Million)
Figure 18: Asia Pacific Haptic Technology Market, By Automotive & Transportation, 2020-2028 (In $ Million)
Figure 19: Asia Pacific Haptic Technology Market, By Education & Research, 2020-2028 (In $ Million)
Figure 20: Asia Pacific Haptic Technology Market, By Healthcare, 2020-2028 (In $ Million)
Figure 21: Asia Pacific Haptic Technology Market, By Others, 2020-2028 (In $ Million)
Figure 22: Asia Pacific Haptic Technology Market, Regional Outlook, 2019 & 2028 (In %)
Figure 23: China Haptic Technology Market, 2020-2028 (In $ Million)
Figure 24: Japan Haptic Technology Market, 2020-2028 (In $ Million)
Figure 25: India Haptic Technology Market, 2020-2028 (In $ Million)
Figure 26: South Korea Haptic Technology Market, 2020-2028 (In $ Million)
Figure 27: Indonesia Haptic Technology Market, 2020-2028 (In $ Million)
Figure 28: Thailand Haptic Technology Market, 2020-2028 (In $ Million)
Figure 29: Vietnam Haptic Technology Market, 2020-2028 (In $ Million)
Figure 30: Australia & New Zealand Haptic Technology Market, 2020-2028 (In $ Million)
Figure 31: Rest Of Asia Pacific Haptic Technology Market, 2020-2028 (In $ Million)
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