NEW YORK, Sept. 28, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 15.84 billion is expected in the haptics market during 2021-2025. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the haptic technology market in optimistic, probable, and pessimistic forecast scenarios.
The adoption of HD haptics will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Scope of Haptic Technology Market Report:
$ 15.84 billion
Accelerating at 15.96%
No. of Pages
Drivers and controllers
Software and technology
Adoption of HD haptics
Demand for interactive sensory experience
Increased demand for in-car infotainment services
High power consumption
Slower adoption rate with the short product lifecycle
Haptic Technology Market 2021-2025: Segmentation
Haptics Market is segmented as below:
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Haptic Technology Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the Haptics Market in Technology, Hardware, Storage & Peripherals Industry include AAC Technologies Holdings Ltd., Alps Alpine Co. Ltd., Analog Devices Inc., Dongwoon Anatech Co. Ltd., IMAGIS Co. Ltd., Immersion Corp., Infineon Technologies AG, Microchip Technology Inc., SMK Corp., and Texas Instruments Inc.
To help businesses improve their market position, Technavio's report provides a detailed analysis of vendors operating in the market. Backed with competitive intelligence and benchmarking, our research reports on the haptics market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
The report also covers the following areas:
Haptics Market size
Haptics Market trends
Haptics Market analysis
The haptic technology market is fragmented, and the degree of fragmentation will accelerate. Factors such as high power consumption, slower adoption rate with the short product lifecycle, and design constraints will hamper the market growth.
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Related Reports on Information Technology Include:
Haptic Technology Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist haptics market growth during the next five years
Estimation of the haptic technology market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the haptics market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of haptic technology market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Application
Comparison by Application
Consumer electronics - Market size and forecast 2020-2025
Automotive - Market size and forecast 2020-2025
Market opportunity by Application
Market Segmentation by Component
Comparison by Component
Actuators - Market size and forecast 2020-2025
Drivers and controllers - Market size and forecast 2020-2025
Software and technology - Market size and forecast 2020-2025
Market opportunity by Component
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
AAC Technologies Holdings Ltd.
Alps Alpine Co. Ltd.
Analog Devices Inc.
Dongwoon Anatech Co. Ltd.
IMAGIS Co. Ltd.
Infineon Technologies AG
Microchip Technology Inc.
Texas Instruments Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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