Market Insights
The sense of touch conveys better information about an object, thereby, encouraging the adoption of haptic interface technology across numerous sectors, which is likely to intensify the global haptic interface technology market growth. In the healthcare industry, applications of haptic interface technology in simplifying complex surgeries. Interactive segmentation of medical images, haptics-assisted assembly of fractured objects, and cranio-maxillofacial (CMF) surgery planning are some of the medical systems that use haptic interface technology for better treatment. Furthermore, haptic interface technology is also aiding treatment remotely. Hence, these benefits are expected to intensify the global haptic interface technology market growth.
Video games are gaining high popularity among people, especially youngsters. The incorporation of haptic interface technology in video games that improves the virtual reality of video games is surging customer satisfaction. This factor is anticipated to boost the global haptic interface technology market growth.
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Teleoperation is a prominent end-user of the haptic interface technology market. Teleoperation, utilizing features of haptic interface technology allows a human operator to experience activities in distant area. The increases transparency, where the operator is not able to distinguish local and remote environment is anticipated to favor the global haptic interface technology market growth.
Industry News
July 2019: An updated Taptic Engine, introduced by Apple under the code name “Leap Haptics,” is likely to be more beneficial for Haptic Touch.
Key Players
MRFR enlisted some of the prominent players operating in the global haptic interface technology market. They are; Google (US), Apple (US), Qualcomm (US), Immersion Corporation (US), Nuance Communications (US), AAC Technologies (China), Novasentis (US), Ultrahaptics (UK), Haption SA (France), and 3D Systems (US).
Market Segmentation
The global haptic interface technology market has been segmented based on components, applications, and end-users.
By components, the global haptic interface technology market has been segmented into hardware and software. The hardware segment has been further narrowed down to actuators, controllers, and sensors.
By applications, the global haptic interface technology market has been segmented into machine haptic, computer haptic, and human haptic. Technical advancements are expected to encourage the growth of the application segment of the global haptic technology market.
By end-users, the global haptic interface technology market has been segmented into manufacturing, automotive, education and training, games, scientific, and others. Game and education and training end-users are noted to experience an increase in the adoption of haptic interface technology.
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Regional Outlook
Regionally, the haptic interface technology market has been analyzed across North America, Asia Pacific, Europe, and the Rest-of-the-World (RoW).
North America is likely to be at the forefront of the global haptic interface technology market over the forecast period. High demand for this technology across numerous sectors is expected to gain traction for revenue generation for the North American haptic interface technology market in the review period.
The European haptic interface technology market is expected to capitalize on substantial funding made by the government for research and developmental activities. The well-established healthcare and automotive sectors that are significant end-users of the haptic interface technology is anticipated to intensify its market growth over the evaluation period.
The presence of renowned market players in emerging economies like China, India, and Japan is likely to reinforce the Asia Pacific haptic interface technology market growth.
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