Haptic Technology: Applications and Global Markets

Published - May 2015| Analyst - Shalini Ramamurthy| Code - IAS101A
Haptic Technology: Applications and Global Markets
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Report Highlights

The global haptic technology actuator market reached $1.6 billion in 2014. This market is expected to grow to nearly $2.7 billion in 2015  and nearly $10.3 billion in 2020, with a CAGR (compound annual growth rate) of 30.7%. 

Report Includes

  • An overview of the global markets for haptic technology and applications.
  • Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
  • Focused evaluations and breakdowns of the following components associated with haptic technology: sensors, drivers, and actuators.
  • Examination of the market's dynamics including drivers, restraints, and opportunities.
  • Information on haptic technology components in the following end-use applications: automotive; consumer electronics and gaming; education; government, defense, surveillance, aerospace. and others; healthcare; industrial and automotive applications; mobile and portable devices; and sports.
  • Comprehensive profiles of major players in the field.

Report Scope

This report presents the forecasts for haptic actuators and drivers for 2015 through 2020 by value, and forecasts for device-embedded haptic actuators and drivers for 2015 through 2020 by volume.

Sales values are presented in million U.S. dollars, while shipment volumes are presented in million units.

All forecasts are further broken down by haptic actuation technology, end-use application and geographical region.

This report covers the following haptic actuation technologies:

  • Eccentric rotating mass (ERM).
  • Linear resonant actuator (LRA).
  • Piezoelectric.
  • Electroactive polymer (EAP).
  • Others, including fluid, electric-field and acoustic wave-based. 

Breakdown by end-use applications includes:

  • Automotive and transportation.
  • Consumer electronics and residential applications.
  • Education.
  • Gaming.
  • Government and defense.
  • Healthcare.
  • Industry, energy and outdoors.
  • Mobile computing and portable devices.

The regional breakdown focuses on the following geographical areas:

  • The Americas.
  • Europe, the Middle East and Africa (EMEA).
  • Asia-Pacific (APAC).

The Executive Summary chapter provides a snapshot of the haptic actuator market, broken down by end-use applications. The chapter unravels the taxonomy of the report with reference to quantitative and qualitative analyses.

The Haptic Technologies and Market Overview chapter expounds the technology underpinning haptic actuators and drivers. It provides a closer look at the market size for haptic actuators and drivers. The chapter also covers a detailed analysis of the prospects of individual actuator technologies.

The Global Markets for End-use Applications of Haptic Technology Actuators and Drivers chapter delves into individual end-use application markets for haptic actuators and drivers. Each end-use application is broken down along actuator technologies as well as geographical regions.

The Taxonomy of the Vendor Landscape chapter provides insight into offerings, initiatives, analysis and prospects of key companies associated with haptic actuators and drivers and devices based on haptic technology.

The U.S. Patent Analysis chapter covers innovations that impact haptic technologies. Patents are categorized in terms of end-use applications and technology as well on the basis of allocation by year, assignee countries and assignee organizations.

Analyst Credentials

Shalini Ramamurthy has extensive experience analyzing and evaluating advanced information technology, including telecommunications and optical networks. She holds a Bachelor of Engineering degree in Electronics and Telecommunications from Kumaraguru College of Technology in Coimbatore, India, as well as a Master of Science degree in Telecommunications and Software Engineering from the Illinois Institute of Technology in Chicago.

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