Global Surface Haptics Technology Market – Industry Trends and Forecast to 2031

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Global Surface Haptics Technology Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Surface Haptics Technology Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 8.12 Billion
Diagram Market Size (Forecast Year)
USD 24.33 Billion
Diagram CAGR
%
Diagram Major Markets Players
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Global Surface Haptics Technology Market, By Type (Piezoelectric, Electrostatic, Electroadhesion, and Tactile Feedback), By Application (Consumer Electronics, Automotive, Healthcare, Gaming, and Others) - Industry Trends and Forecast to 2031.

Surface Haptics Technology Market

Surface Haptics Technology Market Analysis and Size

Surface haptics technology is tactile feedback technology that simulates the sense of touch by applying forces, vibrations, or motions to the user's skin. It enhances user interaction with digital interfaces by providing tactile sensations on flat surfaces such as screens, touchpads, or touchscreens. Surface haptics technology finds applications in various sectors, including consumer electronics, automotive, healthcare, gaming, and others, to improve user experience and usability.

Data Bridge Market Research analyzes that the global Surface Haptics Technology Market was valued at USD 8.12 billion in 2023 and is expected to reach USD 24.33 billion by 2031, registering a CAGR of 14.70% during the forecast period of 2024-2031. Type segments account for the highest market share due to the increasing equipment usage by consumers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 - 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Piezoelectric, Electrostatic, Electroadhesion, and Tactile Feedback), Application (Consumer Electronics, Automotive, Healthcare, Gaming, and Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa

Market Players Covered

Ultraleap Limited (U.K.), Tanvas Inc. (U.S.), Haption S.A. (France), Novasentis Inc. (U.S.), Redux Labs (U.S.), Senseg Ltd. (Finland), Bayerische Motoren Werke AG (Germany), Immersion Corporation (U.S.), 3D Systems Corporation (U.S.), and Precision Microdrives Ltd. (U.K.)

Market Opportunities

  • Expansion of Automotive Electronics Market
  • Increasing Adoption of Industrial Automation
  • Growth in the Aerospace and Defense Sector

Market Definition

The surface haptics technology refers to the industry involved in developing, manufacturing, and deploying tactile feedback solutions that enhance user interaction with digital interfaces. Surface haptics technology enables the simulation of tactile sensations on flat surfaces, such as screens, touchpads, or touchscreens, to provide users with a sense of touch and feedback. This technology enhances user experience and usability across various applications, including consumer electronics, automotive, healthcare, gaming, and others, by enabling intuitive and immersive interactions with digital devices and interfaces.

Surface Haptics Technology Market Dynamics

Drivers

  • Rising Demand for Enhanced User Experience

Surface haptics technology enhances user interaction with digital interfaces by providing tactile sensations and feedback, making interactions more intuitive, engaging, and immersive. In sectors such as consumer electronics, automotive, healthcare, and gaming, where user experience is a key differentiator, surface haptics technology enables the development of innovative and user-friendly products and applications. As consumer requirement for seamless and intuitive interactions with digital devices continue to rise, the demand for surface haptics technology is expected to grow significantly.

  • Growing Integration of Haptic Feedback in Devices

Manufacturers across various sectors are increasingly incorporating haptic feedback capabilities into their products to enhance user experience and differentiate their offerings in the market. Surface haptics technology enables the development of touch-sensitive surfaces that provide tactile feedback, allowing users to feel textures, buttons, and controls on flat screens or touchpads. This technology is widely used in smartphones, tablets, wearable devices, automotive touchscreens, medical devices, and gaming consoles, among others, to improve usability and functionality..

  • Advancements in Haptic Technology

Ongoing research and development efforts in the field of haptic feedback technology lead to the introduction of new materials, actuators, sensors, and algorithms that enhance the performance and capabilities of surface haptics solutions. Piezoelectric, electrostatic, and electroadhesive technologies are among the key advancements in surface haptics technology, enabling precise and responsive tactile feedback on flat surfaces. Moreover, advancements in software algorithms and signal processing techniques improve the realism and fidelity of tactile sensations, enhancing the overall user experience.

Opportunities

  • Expansion of Haptic Applications in Healthcare and Automotive Sectors

In healthcare, haptic feedback technology is used in medical simulation, surgical training, rehabilitation, and telemedicine applications to provide users tactile feedback and sensory cues. Surface haptics technology enables the development of medical devices and virtual reality systems that enhance medical training, patient rehabilitation, and diagnostic procedures. Similarly, in the automotive sector, haptic feedback technology is integrated into vehicle infotainment systems, touchscreens, and driver assistance systems to improve safety, convenience, and driver engagement.

  • Rapid Growth of Virtual Reality (VR) and Augmented Reality (AR) Markets

VR and AR technologies rely on immersive sensory experiences to create virtual environments and overlays that enhance user engagement and interaction. Surface haptics technology plays a crucial role in VR and AR applications by providing tactile feedback and haptic sensations that complement visual and auditory stimuli, creating more immersive and realistic experiences.

Restraint/Challenge

  • Technical Complexity and Integration Issues

Technical complexity and integration challenges pose significant obstacles to the widespread adoption of surface haptics technology. Developing and implementing surface haptics solutions requires materials science, mechanical engineering, electrical engineering, and software development expertise. Integrating haptic feedback capabilities into devices and systems while ensuring compatibility, reliability, and performance can be challenging, especially for small form factor devices and complex interfaces. Moreover, optimizing haptic feedback algorithms, calibrating actuators, and synchronizing tactile sensations with visual and auditory stimuli require careful design and testing. Addressing these technical challenges and ensuring seamless integration of surface haptics technology remains a key focus for manufacturers and developers.

Recent Development

  • In March 2023, Haption SA announced the launch of its latest surface haptics technology platform, featuring advanced tactile feedback capabilities for virtual reality and simulation applications
  • In February 2023, Tanvas Inc. introduced a new line of surface haptics controllers designed for integration into smartphones and tablets, offering customizable tactile feedback for enhanced user interactions

Surface Haptics Technology Market Scope

The global surface haptics technology market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 Type

  • Contact Type
  • Non-contact Type

Application

  • Automotive
  • Industrial
  • Consumer Electronics
  • Aerospace & Defense

Surface Haptics Technology Market Region Analysis/Insights

The global Surface Haptics Technology Market is analyzed and market size insights and trends are provided by country, application, and product as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America U.A.E., Saudi Arabia, South Africa, and Rest of Middle East and Africa.

North America is expected to dominate the market due to its well-established and highly developed oil and gas industry infrastructure. The region boasts a significant presence of major oilfield service companies and technological innovation hubs.

Asia-Pacific is expected to be the fastest growing region in the market due to its rapid growth is fueled by burgeoning oil and gas exploration activities, especially in emerging economies. The region's dynamic market landscape and increasing demand for energy resources position it as a key market for casing cleaning tools. With robust investment in oilfield development and well-maintenance, Asia Pacific continues to drive significant growth and innovation in the market.

The country section of the market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Semiconductor Infrastructure growth Installed base and New Technology Penetration

The market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Surface Haptics Technology Market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the spin on carbon market. The data is available for the historic period 2010-2020.

Competitive Landscape and Surface Haptics Technology MarketShare Analysis

The market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • Ultraleap Limited (U.K.)
  • Tanvas Inc. (U.S.)
  • Haption S.A. (France)
  • Novasentis Inc. (U.S.)
  • Redux Labs (U.S.)
  • Senseg Ltd. (Finland)
  • Bayerische Motoren Werke AG (Germany)
  • Immersion Corporation (U.S.)
  • 3D Systems Corporation (U.S.)
  • Precision Microdrives Ltd. (U.K.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The surface haptics technology market size will be worth USD 24.33 billion by 2031
The growth rate of the surface haptics technology market is 14.70%.
Rising Demand for Enhanced User Experience & Growing Integration of Haptic Feedback in Devices are the growth drivers of the surface haptics technology market.
Type and application are the factors on which the surface haptics technology market research is based.
Major companies in the surface haptics technology market are Ultraleap Limited (U.K.), Tanvas Inc. (U.S.), Haption S.A. (France), Novasentis Inc. (U.S.), Redux Labs (U.S.), Senseg Ltd. (Finland), Bayerische Motoren Werke AG (Germany), Immersion Corporation (U.S.), 3D Systems Corporation (U.S.), and Precision Microdrives Ltd. (U.K.).