Los Angeles, CA -- (SBWire) -- 07/03/2019 --The tiny vibration motors used in mobile terminals, game machines, etc. Small and high efficiency types are provided. The eccentric rotating mass (ERM) motor and linear resonant actuator (LRA) are two of the most common types of haptic feedback actuators used in the market today. AAC Technologies, Nidec Corporation, MPlus Co.LTD, Jinlong Machinery & Electronics, Bluecom, Johnson Electric and Texas Instruments are major players in the Tactile Actuator in 2017. AAC Technologies dominated with 22.46% revenue share.
On the basis of region, China is the largest market segment of Tactile Actuator, with a consumption market share nearly 83.77% in 2017; Asia region has great market potential in the future. Tactile Actuator used in industry including Automotive, Medical, Mobile Terminal (Smartphone/Tablet), Home and Wearable. Report data showed that 71.70% of the Tactile Actuator market demand in Mobile Terminal (Smartphone/Tablet) in 2017.
The global Tactile Actuator market was 5800 million US$ in 2018 and is expected to 10800 million US$ by the end of 2025, growing at a CAGR of 9.4% between 2019 and 2025.
This report studies the Tactile Actuator market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Tactile Actuator in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
AAC Technologies
Nidec Corporation
Mplus
Jinlong Machinery & Electronics
Bluecom
Johnson Electric
Texas Instruments
TDK
Jahwa
PI Ceramic
Precision Microdrives
Novasentis
By the product type, the market is primarily split into
ERM Actuators
LRAS
Others
By the end users/application, this report covers the following segments
Mobile Terminal
Wearable Device
Automotive
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Tactile Actuator Market Recent Trends, Growth Factor with Key Drivers and Forecast Till Period, 2025
Tactile Actuator Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.