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Haptics Market Size to Surpass USD 15.84 Billion growth by 2025 at 15.96% CAGR - Report by Technavio

·5 min read

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.

Attractive Opportunities in Haptics Market by Application, Component, and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Haptics Market by Application, Component, and Geography - Forecast and Analysis 2021-2025

Dig Deeper to Get Exhaustive Analytical Insights

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:

Report coverage

Details

Base Year

2020

Forecast Period

2021-2025

Incremental Growth

$ 15.84 billion

CAGR

Accelerating at 15.96%

No. of Pages

120

Segmentation

By geography-


APAC


Europe


North America


South America


MEA


By component-


Actuators


Drivers and controllers


Software and technology


By application-


Consumer electronics


Automotive

Drivers

Adoption of HD haptics


Demand for interactive sensory experience


Increased demand for in-car infotainment services

Challenges

High power consumption


Slower adoption rate with the short product lifecycle


Design constraints

Haptic Technology Market 2021-2025: Segmentation

Haptics Market is segmented as below:

  • Component

  • Application

  • Geography

Buy our market report now to gain access to detailed analysis on the haptic technology market: https://www.technavio.com/talk-to-us?report=IRTNTR43350

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:

Global Haptics Technology Market

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:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • 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 condition

Market Segmentation by Application

  • Market segments

  • 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

  • Market segments

  • 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

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • 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 drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • 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.

  • Texas Instruments Inc.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

Technavio's in-depth latest market research reports and top findings with exhaustive COVID insights have aided various Fortune 500 Companies to lead with confidence! Download Haptic Market to Uncover Report Coverage

About Us

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.

Contact

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Email: media@technavio.com
Website: www.technavio.com/

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