Global Haptics Market to Exhibit Robust Growth and Reach US$2.3 Billion by 2016: MarketResearchReports.biz

MarketResearchReports.biz has recently announced the addition of a new market study on the global haptics market. It studies the market over the period from 2016 to 2026.

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Albany, NY -- (SBWire) -- 09/22/2015 --

The report, titled "Haptics Markets 2016-2026", presents a comprehensive study of this market, analyzing the performance of each of the market segments. It also studies the prevailing trends in the regional markets for haptics.

Haptics is defined as any form of communication, which involves touch, recreating the sense of touch by vibration, motion to user, or by applying force. At present, haptics technologies are applied to a number of electronic devices such as smartphones, industrial scanner, and gaming consoles. According to the research study, the global haptics market is expected to reach a value of US$2.3 billion by the end of 2016.

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Eccentric rotating mass motor, electrostatic friction, piezoelectric polymers, electro active polymers, ultrasonic vibration, contactless haptics, bending wave haptics, and other haptics technologies are the key components of the global haptics market. Of these, the market for eccentric rotating mass motor has acquired the leading position, states the report.

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The 107-page market study is prepared with an objective to provide a comprehensive overview of the global haptics market over the period from 2016 to 2026. It aims at assisting market players, consultants, and stakeholders in making crucial decisions to win over their peers.

The research report also analyzes the company profiles of the key players in the worldwide haptics market to study the prevailing competitive landscape of the market. Artificial Muscle Inc., Novasentis, Redux Labs, Immersion Corp., Precision Microdrives, Ultrahaptics Ltd., Solvay, Tactus Technologies, Arkema, Aito, and General Vibration are major participants in the global haptics market.

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