Haptic Technology Interface Market Size, Industry Growth, Share, Opportunities, Emerging Technologies, Competitive Landscape, Future Plans and Global Trends by Forecast 2023

“Haptic Technology Interface Market”
Global Haptic Technology Interface Market Research Report, By Technology (Tactile Feedback, Force Feedback), Operating System (Windows, Mobile OS), Application (Education & Training, Gaming Console, Automotive Industry, Military and Defense) — Forecast till 2023

The Haptic Technology Interface Market is growing rapidly over 16% of CAGR and is expected to reach at USD 18 billion by the end of forecast period factor is expected to drive the global Haptic Technology Interface Market.

Global Haptic Technology Interface Market Research Report, By Technology (Tactile Feedback, Force Feedback), Operating System (Windows, Mobile OS), Application (Education & Training, Gaming Console, Automotive Industry, Military and Defense) — Forecast till 2023

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Key Players:

The prominent players in the Haptic Technology  Interface Market are – Apple (U.S.), Google (U.S.), Haption SA (France), AAC Technologies (China), Immersion Corporation (U.S.), 3D Systems (U.S.), Nuance Communications (U.S.), Novasentis (U.S.), Ultrahaptics (U.K.), Qualcomm (U.S.) among others, are profiled in Market Research Future analysis and are at the forefront of competition in the global Haptic Technology  Interface Market.

Haptic Technology Interface Market Global Market – Overview

The key driving factor for haptic interface is increasing adoption of haptic in consumer electronic devices, growing demand for haptic in gaming consoles and demand for interactive sensory experience. Power consumption is a major challenge that is expected to affect the performance of haptic enabled devices. Declining adoption of force feedback haptic technology due to high cost is hindering the growth of Haptic Technology Interface Market.

Haptic Interface is a technology that enables humans to interact with computers, laptops and smartphones through body sensations and body movements. Haptic refers to a human computer interaction technology that incorporates tactile feedback or other body sensations to perform actions or task on a computing device. Haptic interface has inbuilt sensors that send an electrical signal to the computer based on different sensory movements or interactions. Each electrical signal is interpreted by the computer to implement a process or action. Haptic interface is primarily used in virtual reality environments, where an individual interacts with virtual objects and elements. Haptic feedback is a force or touch feedback in a man–machine interface which allows computer simulations of various tasks to relay realistic, tangible sensations to a user. Haptic devices are controlled in one of two ways namely, impedance or admittance control. Impedance control of a robot involves using motion input from the manipulator and also calculates the corresponding forces specific to a given system model. Admittance control of robot measures forces with a load cell and calculates the corresponding motion of the endpoint according to the simulation equations of motion and thus position control approaches are used to move the robot accordingly. Different haptic devices that enables physical contact between computer and users are joysticks and data gloves that senses the body movement. Also, haptic interface has its application in games, multimedia publishing, scientific discovery, arts & creation, editing sounds & images, vehicle operation & control rooms, telerobotics & teleoperation, education & training and others. Another factor that drives the Haptic Technology Interface Market is increasing demand for gaming applications and advances in technology in the gaming sector. The global market for the haptic interface is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Haptic Technology Interface Market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

Haptic Technology Interface Market Global Market – Segmentation

Segmentation by Components: Hardware and Software.

Segmentation by Feedback: Tactile Feedback and Force Feedback.

Segmentation by Application: Automotive & Transportation, Consumer Electronics, Education & Research, Gaming, Healthcare, Engineering and Others.

Segmentation by region: North America, Europe, Asia Pacific and rest of the world.

Industry News

April 18, Scientists develop haptic interface with seven degrees of freedom.

Researchers from the Chinese Academy of Sciences has developed an expansive haptic interface that enables seven degrees of movement. These interfaces is expected to be used in medical simulation, virtual assembly, and remote manipulation tasks.

June 18, McGill University partners with industries to develop VR training tech for spinal surgery training.

McGill University has announced an agreement with CAE Healthcare, DePuy Synthes Prodcts and part of Johnson & John Medical Devices companies to develop a virtual reality platform to train orthopedic and neuro surgeons in advanced spinal surgery techniques. These technology is expected to use haptic feedback which reduces training time for spine surgeons.

June 18, Next-gen Apple Watch models to integrate solid-state buttons & EKG functions.

Apple is planning to upgrade the movable switch controls on Apple Watch devices with integrate solid state buttons that rely on Taptic Engine haptic feedback technology to simulate clicks. Taptic engine haptic feedback technology is a dedicated linear actuator capable of transforming advanced control signals into a wide range of feedback models.

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Jan 18, H2L and NTT develops new haptic interface with functional material hitoe.

H2L Inc. and Nippon Telegraph and Telephone Corporation have developed an interface that enables sharing of haptic experiences within virtual reality and augmented reality environments by combining the use finger motion capture and electrical muscle stimulus control owned by H2L, and the appraised hitoe owned by NTT.

Haptic Technology Interface Market Global Market – Regional Analysis

The regional analysis of Haptic Technology Interface Market is studied for North America, Europe, Asia Pacific and Rest of the World. North America is expected to dominate the market of haptic interface owing to technological advancement and presence of global players in this region. The key factor driving Haptic Technology Interface Market in this region is due to heavy investment in R&D from private sector towards the development of haptic. Asia Pacific is expected to be the fastest growing market as strong manufacturing sector in China and Japan is adopting this technology for the efficient flow of work.

LIST OF TABLES

Table1 World Population By Major Regions (2018–2023)

Table2 Global Haptic Technology Interface Market, By Country, 2018–2023

Table3 North America: Haptic Technology Interface Market, By Country, 2018–2023

Table4 Europe: Haptic Technology Interface Market, By Country, 2018–2023

Continued…

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LIST OF FIGURES

FIGURE 1 Global Haptic Technology Interface Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Haptic Technology Interface Market

FIGURE 4 Value Chain Of Global Haptic Technology Interface Market

Continued…

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