Selbyville, DE -- (SBWIRE) -- 05/13/2019 -- This report studies the Haptics Technology market, Haptic technology,or haptics,is a tactile feedback technology which takes advantage of the sense of touch by applying forces, vibrations, or motions to the user.
AAC Technologies, Alps Electric, Nidec Corporation, Cypress Semiconductor, Texas Instruments, Bluecom, On Semiconductor, Microchip, Johnson Electric and Immersion are major players in the Haptics Technology in 2016. AAC Technologies dominated with 21.26% revenue share.
On the basis of region, China is the largest market segment of Haptics Technology, with a consumption market share nearly 29.92% in 2016; Asia region has great market potential in the future.
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Haptics Technology used in industry including Automotive, Medical, Mobile Terminal (Smartphone/Tablet), Home and Wearable. Report data showed that 36.04% of the Haptics Technology market demand in Mobile Terminal (Smartphone/Tablet) in 2016.
According to this study, over the next five years the Haptics Technology market will register a 14.2% CAGR in terms of revenue, the global market size will reach US$ 14100 million by 2024, from US$ 6370 million in 2019. In particular, this report presents the global revenue market share of key companies in Haptics Technology business.
The Haptics Technology market research study is basically a gist of the preface of this business space that elaborates on the parameters of consumption value and volume as well as the identification of numerous subsegments in this industry. Alongside, the study also includes detailed information regarding the pivotal factors influencing the growth of the Haptics Technology market as well as challenges and risks prevailing across this vertical.
Key questions answered in the report:
The segmentation of the Haptics Technology market:
Which among the product types of Haptics Actuators and Drivers & Controllers is slated to accumulate the maximum returns by the end of the forecast period?
How much is the remuneration of each product type currently and what is the revenue that every segment is projected to procure?
What is the consumption growth rate and sales price of each of those products over the estimated period?
How much market share is presently accumulated by the application segments of Automotive, Medical, Mobile Terminal (Smartphone/Tablet), Home, Wearable and Others?
What is the forecast valuation of each of the application types over the estimated duration?
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The competitive landscape of the Haptics Technology market:
Who are the top competitors in Haptics Technology market?
Which among the firms of AAC Technologies, Alps Electric, Nidec Corporation, Cypress Semiconductor, Texas Instruments, Bluecom, On Semiconductor, Microchip, Johnson Electric, Immersion, Jinlong Machinery & Electronics, Precision Microdrives and Novasentis are estimated to be the top-notch contenders of the Haptics Technology market Share?
What are the products that each of the companies offer?
How much is the sales estimate of every company in the Haptics Technology market?
How much valuation does each participant account for in the Haptics Technology market?
What are the price patterns and profit margins of each of the firms?
Market Drivers & Challenges
What are the major drivers impacting the revenue graph of the Haptics Technology market growth?
How is the escalating product demand from pivotal geographies and end-use domains impacting the commercialization matrix of this sphere?
What are the latest trends prevalent in the Haptics Technology market?
What are the challenges that the Haptics Technology market is remnant of?
Growth tactics undertaken by Haptics Technology market players to remain consistent in the industry
What are the myriad strategies adopted by prominent industry contenders to retain their stance in the Haptics Technology market?
What are the various sales channels that each firm opts for in order to advertise the product?
Who are the top distributors of the manufactured products in Haptics Technology market outlook?
A regional overview of the Haptics Technology market:
Which one amid the numerous geographies of Americas, APAC, Europe, Middle East & Africa accounts for the maximum contribution in the Haptics Technology market?
How much is the consumption rate of each of the topographies with respect to the product types and applications?
How much is the current valuation and the forecast revenue of every region?
How much is the consumption market share of each of the geographies in question?
The Haptics Technology market Size report is also inclusive of numerous other aspects like the market concentration ratio over the estimated timeline, an analysis of the market concentration rate, and an evaluation of the competitive landscape. The report also elucidates details about the most recent companies penetrating the Haptics Technology market and the impact of these firms on the overall vertical.
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Some of the Major Highlights of TOC covers:
2019-2024 Global Haptics Technology Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Haptics Technology Market Size 2014-2024
2.1.2 Haptics Technology Market Size CAGR by Region
2.2 Haptics Technology Segment by Type
2.2.1 Haptics Actuators
2.2.2 Drivers & Controllers
2.2.3 Haptics Software
2.3 Haptics Technology Market Size by Type
2.3.1 Global Haptics Technology Market Size Market Share by Type (2014-2019)
2.3.2 Global Haptics Technology Market Size Growth Rate by Type (2014-2019)
2.4 Haptics Technology Segment by Application
2.4.1 Automotive
2.4.2 Medical
2.4.3 Mobile Terminal (Smartphone/Tablet)
2.4.4 Home
2.4.5 Wearable
2.4.6 Others
2.5 Haptics Technology Market Size by Application
2.5.1 Global Haptics Technology Market Size Market Share by Application (2014-2019)
2.5.2 Global Haptics Technology Market Size Growth Rate by Application (2014-2019)
3 Global Haptics Technology by Players
3.1 Global Haptics Technology Market Size Market Share by Players
3.1.1 Global Haptics Technology Market Size by Players (2017-2019)
3.1.2 Global Haptics Technology Market Size Market Share by Players (2017-2019)
3.2 Global Haptics Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Haptics Technology by Regions
4.1 Haptics Technology Market Size by Regions
4.2 Americas Haptics Technology Market Size Growth
4.3 APAC Haptics Technology Market Size Growth
4.4 Europe Haptics Technology Market Size Growth
4.5 Middle East & Africa Haptics Technology Market Size Growth
5 Americas
5.1 Americas Haptics Technology Market Size by Countries
5.2 Americas Haptics Technology Market Size by Type
5.3 Americas Haptics Technology Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
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