NORTH AMERICA HAPTIC TECHNOLOGY MARKET FORECAST 2018-2026
KEY FINDINGS
The North America Haptic Technology market is poised to rise at an estimated CAGR of 14.72%, increasing its net worth from $ 2416.92 million to $8286.36 million over the forecast period of 2018-2026.
MARKET INSIGHTS
The market is categorized according to the feedback type, application and component type. The potential use of haptics for the visually impaired and in the educational display technology is predicted to revolutionize the North American market. Also, the demand for the haptic technology in the holographic display products is likely to increase the growth potential of the market. Still, there are certain technical challenges related to product design that are likely to create issues for the market in the coming future. The U.S haptic technology market is expected to emerge as a clear winner by the end of the forecast period by generating the highest revenue share.
COMPETITIVE INSIGHTS
Haption S.A, 3D Systems, Johnson Electric, Texas Instruments Inc, On Semiconductor Corporation, Microchip Technologies Inc, and Immersion Corporation are some of the important market players in this region.
The North America Haptic Technology market is poised to rise at an estimated CAGR of 14.72%, increasing its net worth from $ 2416.92 million to $8286.36 million over the forecast period of 2018-2026.
MARKET INSIGHTS
The market is categorized according to the feedback type, application and component type. The potential use of haptics for the visually impaired and in the educational display technology is predicted to revolutionize the North American market. Also, the demand for the haptic technology in the holographic display products is likely to increase the growth potential of the market. Still, there are certain technical challenges related to product design that are likely to create issues for the market in the coming future. The U.S haptic technology market is expected to emerge as a clear winner by the end of the forecast period by generating the highest revenue share.
COMPETITIVE INSIGHTS
Haption S.A, 3D Systems, Johnson Electric, Texas Instruments Inc, On Semiconductor Corporation, Microchip Technologies Inc, and Immersion Corporation are some of the important market players in this region.
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. UNITED STATES
9.2. CANADA
9.3. MEXICO
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
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. UNITED STATES
9.2. CANADA
9.3. MEXICO
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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2018-2026 (IN $ MILLION)
TABLE 2: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2018-2026, (IN $ MILLION)
TABLE 3: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2018-2026 (IN $ MILLION)
TABLE 4: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)
TABLE 8: UNITED STATES HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
TABLE 9: CANADA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
TABLE 10: MEXICO HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
TABLE 1: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY GEOGRAPHY, 2018-2026 (IN $ MILLION)
TABLE 2: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2018-2026, (IN $ MILLION)
TABLE 3: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2018-2026 (IN $ MILLION)
TABLE 4: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2018-2026 (IN $ MILLION)
TABLE 8: UNITED STATES HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
TABLE 9: CANADA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
TABLE 10: MEXICO HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2018-2026 (IN $ MILLION)
LIST OF FIGURES
FIGURE 1: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATIONS, 2017 & 2026 (IN %)
FIGURE 2: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY TACTILE FEEDBACK, 2018-2026 (IN $ MILLION)
FIGURE 6: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FORCE FEEDBACK, 2018-2026 (IN $ MILLION)
FIGURE 7: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2018-2026 (IN $ MILLION)
FIGURE 8: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2018-2026 (IN $ MILLION)
FIGURE 9: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2018-2026 (IN $ MILLION)
FIGURE 10: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY OTHER COMPONENTS, 2018-2026 (IN $ MILLION)
FIGURE 11: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION
FIGURE 12: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2018-2026 (IN $ MILLION)
FIGURE 13: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2018-2026 (IN $ MILLION)
FIGURE 14: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY GAMING, 2018-2026 (IN $ MILLION)
FIGURE 15: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2018-2026 (IN $ MILLION)
FIGURE 16: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2018-2026 (IN $ MILLION)
FIGURE 17: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2018-2026 (IN $ MILLION)
FIGURE 18: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)
FIGURE 22: UNITED STATES HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
FIGURE 23: CANADA HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
FIGURE 24: MEXICO HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
COMPANIES MENTIONED
1. 3D SYSTEMS
2. DENSITRON TECHNOLOGIES
3. FORCE DIMENSION
4. HAPTION S.A.
5. IMAGIS CO LTD.
6. IMMERSION CORPORATION
7. JOHNSON ELECTRIC HOLDINGS LIMITED
8. MICROCHIP TECHNOLOGY INCORPORATED
9. ON SEMICONDUCTOR CORPORATION
10. PRECISION MICRODRIVES LTD.
11. SENSEG OY
12. SMK CORPORATION
13. SYNAPTICS INCORPORATED
14. TEXAS INSTRUMENTS, INC.
15. ULTRAHAPTICS
FIGURE 1: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATIONS, 2017 & 2026 (IN %)
FIGURE 2: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY TACTILE FEEDBACK, 2018-2026 (IN $ MILLION)
FIGURE 6: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FORCE FEEDBACK, 2018-2026 (IN $ MILLION)
FIGURE 7: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2018-2026 (IN $ MILLION)
FIGURE 8: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2018-2026 (IN $ MILLION)
FIGURE 9: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2018-2026 (IN $ MILLION)
FIGURE 10: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY OTHER COMPONENTS, 2018-2026 (IN $ MILLION)
FIGURE 11: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION
FIGURE 12: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2018-2026 (IN $ MILLION)
FIGURE 13: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2018-2026 (IN $ MILLION)
FIGURE 14: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY GAMING, 2018-2026 (IN $ MILLION)
FIGURE 15: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2018-2026 (IN $ MILLION)
FIGURE 16: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2018-2026 (IN $ MILLION)
FIGURE 17: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2018-2026 (IN $ MILLION)
FIGURE 18: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2017 & 2026 (IN %)
FIGURE 22: UNITED STATES HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
FIGURE 23: CANADA HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
FIGURE 24: MEXICO HAPTIC TECHNOLOGY MARKET, 2018-2026 (IN $ MILLION)
COMPANIES MENTIONED
1. 3D SYSTEMS
2. DENSITRON TECHNOLOGIES
3. FORCE DIMENSION
4. HAPTION S.A.
5. IMAGIS CO LTD.
6. IMMERSION CORPORATION
7. JOHNSON ELECTRIC HOLDINGS LIMITED
8. MICROCHIP TECHNOLOGY INCORPORATED
9. ON SEMICONDUCTOR CORPORATION
10. PRECISION MICRODRIVES LTD.
11. SENSEG OY
12. SMK CORPORATION
13. SYNAPTICS INCORPORATED
14. TEXAS INSTRUMENTS, INC.
15. ULTRAHAPTICS
