Haptics Technology Market by Technology (Tactile & Force Feedback), by Components ( Actuators, Drivers & Controllers, Sensors, Software), Application (Consumer, Automotive, Medical), and Geography - Analysis and Forecast up to 2020

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Date: 08-May-2015
No. of pages: 187
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The haptics technology uses the sense of touch in devices to provide information to the user. This technology can be incorporated into products by using actuators or motors which generate vibration.  Many routine devices are haptic enabled such as smartphone dial pads, tablets, and gaming consoles which offer touch vibration feedback to the user; it also allows the users to know that their inputs have been recorded successfully. Haptic technology enables the users to sense and manipulate 3D objects with respect to characteristics like shape, texture, weight, and temperature. In the recent past, the haptics technology has attracted the attention of scientists and is also being utilizedfor various applications. This report covers the haptic technology market and provides an in-depth analysis of each sub-segment of the market. The market statistics are given from 2013 and have been further projected till 2020, thereby offering crucial insights about the market.

The haptic devices comprise certain components which offer haptic effects. The report segments the haptic technology components into actuators, drivers &controllers, sensors, and software. These components form a haptic ecosystem, offering real sensations to the user. These components are used per the need of the devices; each component is not a part of every haptic enabled device. There are many input devices which are used to interact with computers/systems, thus offering haptic effects such as sliders, buttons, touchpads, touchscreens, and others.

The haptic technology is being used in various products or devices such as smart phones, tablets, handheld devices like GPS units, desk phones, toys, barcode readers, game consoles, and others; automotive dashboards, medical device screens and instruments, and industrial instruments, among others. Different haptic effects are included in these products. The report covers the market for haptics technology for these products. The haptic technology is being used in various applications such as consumer, automotive, medical and healthcare, commercial, military, defense and aerospace, among others. In the coming years, the haptics technology is projected to find new applications with increasing R&D.

Immersion Corp (U.S.), AAC Technologies Holdings, Inc.  (China), Densitron Technologies Plc (U.K.), Haption SA (France), Johnson Electric Group (China), Maxim Integrated Products, Inc.  (U.S.), Tactus Technology Inc. (U.S.), Precision Microdrives Ltd (U.K.), Texas Instruments, Incorporated (U.S.), and 3D systems Corp (U.S.)are some of the major companies in the haptics technology market.This report covers the competitive landscape of these players, which includesthe key growth strategies and recent developments. The haptics technology market has been segmented based on region into North Americas, Europe, Asia-Pacific, and Rest of the World (RoW).

This report describes the value chain for the haptic technology market by considering the major stakeholders in the market and their subsequent roles in the analysis. The report also provides a detailed study of the Porter’s Five Forces analysis of the market. The five major factors pertaining to this framework have been quantified for this market by using the internal key parameters governing the same.

Haptics Technology Market by Technology (Tactile & Force Feedback), by Components ( Actuators, Drivers & Controllers, Sensors, Software), Application (Consumer, Automotive, Medical), and Geography - Analysis and Forecast up to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.2.2 Key Industry Insights
2.2.3 Breakdown of Primaries
2.3 Factor Analysis
2.3.1 Introduction
2.3.2 Demand Side Analysis
2.3.2.1 Growth in Smartphone and Tablets
2.3.2.2 Growth in World Population
2.3.2.3 Growth in GDP of Developing vs. Developed Countries
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Market Breakdown & Data Triangulation
2.6 Research Assumptions and Limitations
2.6.1 Assumptions
2.6.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities for Haptics Technology
4.2 Haptics Technology Market – Major Segments
4.3 Haptics Technology Market in the Asia-Pacific Region
4.4 Asia-Pacific is Expected to Emerge as the Fastest Growing Market At A CAGR of 26.59%
4.5 Haptics Technology Market: Application (2020)
4.6 Haptics Technology Market: Developed vs. Developing Nations
4.7 Haptics Technology Market: Consumer and Healthcare Sectors (2013)

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 the Haptics Technology Market, By Component
5.2.2 the Haptics Technology Makret, By Type
5.2.3 the Haptics Technology Makret, By Application
5.1 History and Evolution of Haptic Technology
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Use of Haptic Technology in Consumer Application
5.2.1.2 Enhanced User Experience Which Makes Haptics Technology Integrated Products More Personalized
5.2.1.3 Haptic Technology is Revolutionizing the Medical Industry
5.2.2 Restraints
5.2.2.1 Cost Factor is Restraining the Adoption of Haptic Technology
5.2.2.2 Power Consumption
5.2.3 Opportunities
5.2.3.1 Penetration of Haptics Technology in Automotive Applications
5.2.3.2 Emerging Application of the Haptic Touchscreens for Visually Impaired People
5.2.3.3 Haptic Technology Next Leading Edge in Wearable’s and Holographic Display Products
5.2.4 Challenges
5.2.4.1 Product Design Challenges to the Haptics Technology Market

6 Industry Analysis
6.1 Introduction
6.2 Value Chain Analysis
6.3 Supply Chain Analysis
6.3.1 Key Influencers
6.4 Industry Trends
6.5 Porter’s Five Forces Model
6.5.1 Threat of New Entrants
6.5.2 Threat 0f Substitutes
6.5.3 Bargaining Power of Buyers
6.5.4 Bargaining Power of Suppliers
6.5.5 Intensity of Rivalry
6.6 Strategic Benchmarking
6.6.1 Technology Integration & Product Enhancement

7 Haptics Technology Market By Technology
7.1 Introduction
7.2 Tactile Feedback
7.3 Force Feedback

8 Haptics Technology Market By Components
8.1 Introduction
8.2 Actuators
8.2.1 Eccentric Rotating Mass (ERM)
8.2.2 Piezoelectric Actuator
8.2.3 Linear Resonant Actuators (LRA)
8.2.4 Electro - Active Polymer Actuators
8.3 Drivers and Controllers
8.4 Sensors
8.5 Softwares

9 Haptics Technology Market By Application
9.1 Introduction
9.2 Consumer
9.2.1 Smartphones and Tablets
9.2.2 Gaming Devices
9.2.3 Others
9.3 Automotive
9.4 Medical & Healthcare
9.5 Industrial
9.6 Others

10 Haptics Technology Market By Geography
10.1 Introduction
10.2 APAC (Asia Pacific)
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Others
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Others
10.4 North America
10.4.1 U.S.
10.4.2 Others
10.5 RoW (Rest of World)
10.5.1 Middle East
10.5.2 Latin America
10.5.3 Africa

11 Competitive Landscape
11.1 Overview
11.2 Competitive Situation and Trends
11.2.1 New Product Launches
11.2.2 Agreements, Partnerships, Collaborations, and Joint Ventures
11.2.3 Mergers and Acquisitions
11.2.4 Othere Developments

12 Company Profiles
12.1 Immersion Corporation
12.1.1 Business Overview
12.1.2 Products & Services
12.1.3 Recent Developments
12.1.4 MnM View
12.1.4.1 SWOT Analysis
12.2 Texas Instruments, Inc.
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Recent Developments
12.2.4 MnM View
12.2.4.1 SWOT Analysis
12.3 AAC Technologies Holdings, Inc.
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 Recent Developments
12.3.4 MnM View
12.3.4.1 SWOT Analysis
12.4 Johnson Electric Holdings Limited
12.4.1 Business Overview
12.4.2 Products Offered
12.4.3 Recent Developments
12.5 Densitron Technologies PLC.
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 Recent Developments
12.6 Precision Microdrives Ltd
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments
12.7 Tactus Technology Inc.
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Recent Developments
12.8 Haption SA
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Developments
12.9 3D Systems Corporation
12.9.1 Business Overview
12.9.2 Products and Services
12.9.3 Recent Developments
12.9.4 MnM View
12.9.4.1 SWOT Analysis
12.10 Maxim Integrated Products Inc.
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 Recent Developments
12.10.4 MnM View
12.10.4.1 SWOT Analysis

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 The Growing Demand of Haptics Technology in Gaming Application
Table 2 Cost Factor and Power Consumption is Restraining the Adoption of Haptic Technology
Table 3 Haptics Technology Have the Potential to Be Dominant in Wearable Devices in the Coming Years
Table 4 Haptic-Enabled Touch Interface Systems Rely on Actuators to Produce Tactile Sensations
Table 5 Some of the Prominent Companies in the Haptic Technology Market
Table 6 Haptics Technology Market, By Technology, 2014-2020 ($Billion)
Table 7 Tactile Feedback: Haptics Technology, By Applications, 2014-2020 ($Million)
Table 8 Force Feedback: Haptics Technology, By Applications, 2014-2020 ($Million)
Table 9 Haptics Technology Market, By Components, 2014-2020 ($Billion)
Table 10 Market By Applications, 2014-2020 ($Billion)
Table 11 Market By Consumer Application, 2014-2020 ($Billion)
Table 12 Consumer: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 13 Consumer: Market, By Technology, 2014-2020 ($Million)
Table 14 Automotive: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 15 Automotive: Market, By Technology, 2014-2020 ($Million)
Table 16 Medical & Healthcare: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 17 Medical and Healthcare: Market, By Technology, 2014-2020 ($Million)
Table 18 Industrial: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 19 Industrial: Market, By Technology, 2014-2020 ($Million)
Table 20 Others: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 21 Others: Market, By Technology, 2014-2020 ($Million)
Table 22 Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 23 APAC: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 24 APAC: Conusmer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 25 APAC: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 26 APAC: Medical & Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 27 APAC: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 28 APAC: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 29 APAC: Haptics Technology Market, By Country, 2014-2020 ($Million)
Table 30 Consumer: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 31 Automotive: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 32 Medical & Healthcare: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 33 Industrial: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 34 Others: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 35 Europe: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 36 Europe: Conusmer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 37 Europe: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 38 Europe: Medical and Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 39 Europe: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 40 Europe: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 41 Europe: Haptics Technology Market, By Country, 2014-2020 ($Million)
Table 42 Consumer: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 43 Automotive: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 44 Medical & Healthcare: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 45 Industrial: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 46 Others: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 47 North America: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 48 NA: Consumer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 49 NA: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 50 NA: Medical and Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 51 NA: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 52 NA: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 53 North America: Haptics Technology Market, By Country, 2014-2020 ($Million)
Table 54 Consumer: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 55 Automotive: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 56 Medical & Healthcare: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 57 Industrial: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 58 Others: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 59 RoW: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 60 RoW: Consumer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 61 RoW: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 62 RoW: Medical and Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 63 RoW: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 64 RoW: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 65 RoW: Haptics Technology Market, By Country, 2014-2020 ($Million)
Table 66 Consumer: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 67 Automotive: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 68 Medical & Healthcare: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 69 Industrial: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 70 Others: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 71 New Product Launches, 2013 - 2014
Table 72 Agreements, Partnerships, Collaborations, and Joint Ventures, 2013 - 2014
Table 73 Mergers and Acquisitions, 2014
Table 74 Other Developments, 2014

List of Figures

Figure 1 Markets Covered
Figure 2 Research Methodology
Figure 3 Growth in Smartphone Users (2012-2017)
Figure 4 Population Growth in Region (2008 vs. 2012)
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Assumptions of the Research Study
Figure 8 Limitations of the Study
Figure 9 Haptics Technology Market, 2013 to 2020
Figure 10 Haptics Technology Component Market Size, 2013
Figure 11 Tactile vs. Force Feedback Technology
Figure 12 Haptics Technology Market, By Application, 2013 vs. 2020
Figure 13 Haptics Technology Market, Best Market to Invest
Figure 14 Haptics Technology Market, Geographic Overview
Figure 15 Consumer Sectors Accounted for A Major Market Share in 2013
Figure 16 Tactile Feedback Segment is Expected to Grow At the Highest Rate Due to Growth of Smartphones and Tablets
Figure 17 The Consumer Sector Accounted for the Maximum Market Share in the Emerging APAC in 2013
Figure 18 In APAC, China and India are Estimated to Emerge as the Fastest Growing Markets
Figure 19 Medical and Healthcare  Sectors are Expected to Dominate the APAC Market From 2014 to 2020
Figure 20 Developing Markets are Expected to Grow Faster Than the Developed Ones
Figure 21 The Medical & Healthcare Segment has A Promising Future in Emerging Economies of APAC
Figure 22 The Haptics Technology Market Segmentation: By Component
Figure 23 The Haptics Technology Market Segmentation: By Type
Figure 24 The Haptics Technology Market Segmentation: By Application
Figure 25 Evolution of the Haptic Enabled Devices
Figure 26 Demand of Smartphones and Tablets Will Boost Growth of Haptics Technology Market
Figure 27 Value Chain Analysis (2013): Major Value Addition is Done During Manufacturing and Assembling Phases
Figure 28 Supply Chain of Major Players in the Haptic Technology  Market
Figure 29 Key Industry Trends in the Haptic Technology  Market
Figure 30 Porter’s Five Forces Analysis
Figure 31 The Porter’s Five Forces Analysis for the Haptic Technology  Market
Figure 32 Threat of New Entrants
Figure 33 Threat of Substitutes
Figure 34 Bargaining Power of Buyers
Figure 35 Bargaining Power of Suppliers
Figure 36 Intensity of Rivalry
Figure 37 Strategic Benchmarking: Organic and Inorganic Growth Strategies for Technology Integration and Product Enhancement
Figure 38 Haptics Market, By Technology
Figure 39 Tactile Feedback Technology Accounted for the Largest Market Share in 2014
Figure 40 Haptics Technology Market, By Components
Figure 41 Haptics Software Market is Projected to Show High Growth in the Coming Years
Figure 42 Haptics Technology Market, By Application
Figure 43 Medical and Healthcare Application is Projected to Show High Growth in the Coming Five Years
Figure 44 Other Consumer Haptics Devices Such as Smart watches are Projected to Drive the Consumer Haptics Application
Figure 45 Tactile Feedback Technology Held Largest Share in Cosumer Application in 2013
Figure 46 European Region Accounted for the Largest Share in Automotive Haptics Application Market in 2014
Figure 47 The APAC Region is Projected to Show Highest Growth in Medical & Healthcare Haptics Application, From 2014 to 2020
Figure 48 Tactile Feedback Technology Accounted for the Highest Sahre in the Industrial Application in 2014
Figure 49 Haptics Technology Market, By Geography
Figure 50 Haptics Technology Market, Geographic Analysis
Figure 51 In the Haptics Technology Market, APAC Region Accounted for the Largest Share in 2013
Figure 52 APAC Haptics Market Overview: 2013
Figure 53 Consumer Application Accounted for the Largest Share in the APAC Haptics Market in 2013
Figure 54 In the Other Application Market Tactile Feedback Accounted for the Largest Size in 2014
Figure 55 China Was the Largest Haptics Market in the APAC Region in 2013
Figure 56 In the Medical and Healthcare Application, China is Projected to Show High Growth in the Coming Years
Figure 57 European Haptics Technology Market Overview: 2013
Figure 58 Consumer Application is the Major Application of European Haptics Market in 2013
Figure 59 In the European Haptics Market, Tactile Technology Was Accounted for the Largest Share in 2014
Figure 60 Germany is Projected to Grow At High CAGR From 2014 to 2020
Figure 61 German Medical and Healthcare Market is the Largest Market in Europe an Region Among Other Countries
Figure 62 Medical and Healthcare Application is Projected to Grow Rapidly in the North American Haptics Market From 2014 to 2020
Figure 63 Tactile Feedback Technology is Projected to Grow Rapidly in the Coming Years
Figure 64 U.S. Accounted for the Largest Market in the North American Region in 2014
Figure 65 In the RoW Haptics Market Consumer Application Accounted for the Largest Share in 2014
Figure 66 Latin America is the Largest Market in the RoW Regions in 2014
Figure 67 In the Medical and Healthcare Haptics Market of RoW, African Region is Projected to Grow Rapidly From 2014 to 2020
Figure 68 Companies Adopted Partnerships and Agreements as Key Growth Strategies Over the Last Three Years
Figure 69 Market Evaluation Framework- A Significant Product Development  Through Partnerships has Fueled Growth and Innovation, 2014
Figure 70 Battle for the Market Share: New Product Launches Was the Key Strategy
Figure 71 Immerison Corporation : Business Overview
Figure 72 Immersion Corporation.: SWOT Analysis
Figure 73 Texas Instruments Inc.: Business Overview
Figure 74 Texas Instruments Inc.: SWOT Analysis
Figure 75 AAC Technologies Holdings, Inc.: Company Snapshot
Figure 76 AAC Technologies, Inc.: SWOT Analysis
Figure 77 Johnson Electric Holdings Limited: Company Snapshot
Figure 78 Densitron Technologoes PLC.: Company Snapshot
Figure 79 Precision Microdrives Ltd: Company Snapshot
Figure 80 Tactus Technology, Inc.: Company Snapshot
Figure 81 Haption SA: Company Snapshot
Figure 82 3D Systems Corp.: Company Snapshot
Figure 83 3D Systems Corp.: SWOT Analysis
Figure 84 Maxim Integrated Products Inc.: Company Snapshot
Figure 85 Maxim Integrated Products Inc.: SWOT Analysis

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