Key Findings
Europe's Haptic Technology market was calculated to be at $ 2220.52 million in 2017 and is expected to reach $ 8312.02 million by 2026, growing at an estimated CAGR of 15.24%, during the forecast period of 2018-2026.
Market Insights
The market is divided on the basis of feedback segment, component, and applications. The potential use of haptic technology in automotive safety applications combined with the increasing demand for gaming consoles and consumers electronic devices is primarily responsible for the prosperity of the market. However, the declining adoption of force feedback haptic technology due to its high associated costs might prove to be a cause of concern for the market in the coming years. The German market contributed the highest share to the European haptic market. The country is a manufacturing powerhouse when it comes to industrial electronics, automobile electronics, and medical electronics.
Competitive Insights
The well-established companies for this market include Immersion Corporation, Precision Microdrives Ltd, Densitron Technologies, Microchip Technologies Inc, Synaptics Inc, and others.
Europe Haptic Technology Market Forecast 2018-2026
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Tactile Haptic Technology Accounts For The Largest Share
3.2.2. Consumer Electronics - Key End-User Industry
3.2.3. Emergence of Hd Haptics & Ultra Haptics
4. Market Dynamics
4.1. Market Definition
4.2. Drivers
4.2.1. Increasing Adoption of Haptics In Consumer Electronic Devices
4.2.2. Growing Demand For Haptics In Gaming Consoles
4.2.3. Haptic Technology In Automotive Safety Applications
4.2.4. Growing Use of Touch Screen Interfaces
4.3. Restraints
4.3.1. Declining Adoption of Force Feedback Haptic Technology Due To High Cost
4.3.2. High Power Consumption
4.4. Opportunities
4.4.1. Use of Haptics For The Visually Impaired
4.4.2. Potential Demand For Haptic Technology In Holographic Display Products
4.4.3. Use In Education Display Technology
4.5. Challenges
4.5.1. Technical Challenges Related To Product Design
4.5.2. Low Consumer Awareness
5. Market By Feedback Type
5.1. Tactile Feedback
5.2. Force Feedback
6. Market By Components
6.1. Actuators
6.1.1. Eccentric Rotating Mass (Erm)
6.1.2. Piezoelectric Actuator
6.1.3. Linear Resonant Actuators (Lras)
6.1.4. Electroactive Polymer Actuators
6.2. Drivers & Controllers
6.3. Software
6.3.1. Control Software
6.3.2. Application Software
6.4. Other Components
7. Market By Application
7.1.1. Consumer Electronics
7.1.2. Engineering
7.1.3. Gaming
7.1.4. Automotive & Transportation
7.1.5. Education & Research
7.1.6. Healthcare
7.1.7. Other Applications
8. Key Analytics
8.1. Porter's Five Force Model
8.1.1. Threat of New Entrants
8.1.2. Threat of Substitute
8.1.3. Bargaining Power of Suppliers
8.1.4. Bargaining Power of Buyers
8.1.5. Threat of Competitive Rivalry
8.2. Opportunity Matrix
8.3. Vendor Landscape
8.4. Value Chain Analysis
8.4.1. Technology Suppliers
8.4.2. Component Suppliers
8.4.2.1. Actuator Vendors
8.4.2.2. Controller Integrated Circuits Vendors
8.4.3. Device Manufacturers
9. Geographical Analysis
9.1. Germany
9.2. United Kingdom
9.3. France
9.4. Rest of Europe
10. Company Profiles
10.1. 3d Systems
10.2. Densitron Technologies
10.3. Force Dimension
10.4. Haption S.A.
10.5. Imagis Co., Ltd.
10.6. Immersion Corporation
10.7. Johnson Electric Holdings Limited
10.8. Microchip Technology Incorporated
10.9. On Semiconductor Corporation
10.10. Precision Microdrives Ltd.
10.11. Senseg Oy
10.12. Smk Corporation
10.13. Synaptics Incorporated
10.14. Texas Instruments, Inc.
10.15. Ultrahaptics
List of Tables
Table 1: Europe Haptic Technology Market, By Geography, 2018-2026 (In $ Million)
Table 2: Europe Haptic Technology Market, By Feedback Type, 2018-2026, (In $ Million)
Table 3: Europe Haptic Technology Market, By Components, 2018-2026 (In $ Million)
Table 4: Europe Haptic Technology Market, By Application, 2018-2026 (In $ Million)
Table 5: Opportunity Matrix For Haptic Technology Market
Table 6: Vendor Landscape of Haptic Technology Market
Table 7: Europe Haptic Technology Market, By Country, 2018-2026 (In $ Million)
Table 8: Germany Haptic Technology Market, By Application, 2018-2026 (In $ Million)
Table 9: United Kingdom Haptic Technology Market, By Application, 2018-2026 (In $ Million)
Table 10: France Haptic Technology Market, By Application, 2018-2026 (In $ Million)
Table 11: Rest of Europe Haptic Technology Market, By Application, 2018-2026 (In $ Million)
List of Figures
Figure 1: Europe Haptic Technology Market, By Applications, 2017 & 2026 (In %)
Figure 2: Europe Haptic Technology Market, By Tactile Feedback Type, 2017 & 2026 (In $ Million)
Figure 3: Smartphone Users Across The World, 2016-2020 (In Billion)
Figure 4: Haptic Technology Market, By Feedback Type
Figure 5: Europe Haptic Technology Market, By Tactile Feedback, 2018-2026 (In $ Million)
Figure 6: Europe Haptic Technology Market, By Force Feedback, 2018-2026 (In $ Million)
Figure 7: Europe Haptic Technology Market, By Actuators, 2018-2026 (In $ Million)
Figure 8: Europe Haptic Technology Market, By Drivers & Controllers, 2018-2026 (In $ Million)
Figure 9: Europe Haptic Technology Market, By Software, 2018-2026 (In $ Million)
Figure 10: Europe Haptic Technology Market, By Other Components, 2018-2026 (In $ Million)
Figure 11: Europe Haptic Technology Market, By Application
Figure 12: Europe Haptic Technology Market, By Consumer Electronics, 2018-2026 (In $ Million)
Figure 13: Europe Haptic Technology Market, By Engineering, 2018-2026 (In $ Million)
Figure 14: Europe Haptic Technology Market, By Gaming, 2018-2026 (In $ Million)
Figure 15: Europe Haptic Technology Market, By Automotive & Transportation, 2018-2026 (In $ Million)
Figure 16: Europe Haptic Technology Market, By Education & Research, 2018-2026 (In $ Million)
Figure 17: Europe Haptic Technology Market, By Healthcare, 2018-2026 (In $ Million)
Figure 18: Europe Haptic Technology Market, By Other Applications, 2018-2026 (In $ Million)
Figure 19: Porter's Five Force Model of Haptic Technology Market
Figure 20: Value Chain of Haptic Technology Market
Figure 21: Europe Haptic Technology Market, Regional Outlook, 2017 & 2026 (In %)
Figure 22: Germany Haptic Technology Market, 2018-2026 (In $ Million)
Figure 23: United Kingdom Haptic Technology Market, 2018-2026 (In $ Million)
Figure 24: France Haptic Technology Market, 2018-2026 (In $ Million)
Figure 25: Rest of Europe Haptic Technology Market, 2018-2026 (In $ Million)
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