HOME Top Market Reports Haptics Technology Market by Technology (Tactile & Force Feedback), by Components ( Actuators, Drivers & Controllers, Sensors, Software), Application (Consumer, Automotive, Medical), and Geography - Analysis and Forecast up to 2020

Haptics Technology Market by Technology (Tactile & Force Feedback), by Components ( Actuators, Drivers & Controllers, Sensors, Software), Application (Consumer, Automotive, Medical), and Geography - Analysis and Forecast up to 2020

By: marketsandmarkets.com
Publishing Date: May 2015
Report Code: SE 3384

 

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Haptics is a basic channel of communication which functions through the sense of touch. It acts as an interface between the haptics enabled device and the user. This technology is not new to the market as scientists have developed and used haptics enabled devices for many applications; for example, a robotic tele-operation haptics device was used in the nuclear environment in 1954. Haptics technology especially force feedback technology was developed later and used in various devices such as in electro-mechanical arm in molecular docking, force feedback gloves like Phantom Arm, and many more. Tactile feedback devices were being developed in 1990.  Consistent R&D activities have taken place in this sector, resulting in technological advancements and innovation. This technology is now being commercialized in many applications such as consumer devices, smartphones, tablets, gaming consoles, smart watches, automotive touchscreen dashboards, medical and healthcare devices and instruments, industrial devices, and in military and aerospace applications.

Haptics technology is majorly categorized into tactile feedback and force feedback. This segmentation can be done on the basis of senses felt by human being. Tactile/touch feedback is associated with the sensations felt by skin such as surface texture, temperature, and vibration. Force feedback is associated with muscles and tendons, which create physical aspects such as direction force, weight, and mechanical compliance. Both of these technologies are used together or separately in many applications. There are four major components, which help the haptics system function, which include actuators, drivers and controllers, sensors, and software. Combining these components in a particular product, the haptics feedback is created to enhance the user experience.

In haptics technology market many component manufacturers and system integrators are present. The major companies present in this market include Immersion Corp (U.S.), AAC Technologies Holdings, Inc.  (China), Densitron Technologies Plc (U.K.), Haption SA (France), Johnson Electric Group (China), Maxim Integrated Products, Inc.  (U.S.), Tactus Technology Inc. (U.S.), Precision Microdrives Ltd (U.K.), Texas Instruments, Incorporated (U.S.), 3D systems Corp (U.S.), and many more.

Key Take-Aways:

  • The overall Haptics technology market (HTM) is expected to reach $29.84 billion by 2020 at an estimated CAGR of 25.39% from 2014 to 2020
  • Analysis of the global market with a special focus on high growth applications in various verticals
  • The haptic technology market has been segmented based on technology, component, application, and geography with detailed classification splits by revenue
  • Detailed Porterís analysis and overview of the said market
  • Major market trends, drivers, and restraints for the haptics technology market
  • Illustrative segmentation, analysis, and forecast of the major geographical markets to provide an overall view of the haptics technology market
  • The future of haptics technology from technical as well as market oriented perspectives
  • Detailed competitive landscape with identification of the key players

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Secondary Data
           2.1.1 Key Data From Secondary Sources
    2.2 Primary Data
           2.2.1 Key Data From Primary Sources
           2.2.2 Key Industry Insights
           2.2.3 Breakdown of Primaries
    2.3 Factor Analysis
           2.3.1 Introduction
           2.3.2 Demand Side Analysis
                    2.3.2.1 Growth in Smartphone and Tablets
                    2.3.2.2 Growth in World Population
                    2.3.2.3 Growth in GDP of Developing vs. Developed Countries
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Market Breakdown & Data Triangulation
    2.6 Research Assumptions and Limitations
           2.6.1 Assumptions
           2.6.2 Limitations

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 38)
    4.1 Attractive Market Opportunities for Haptics Technology
    4.2 Haptics Technology Market Ė Major Segments
    4.3 Haptic Technology Market in the Asia-Pacific Region
    4.4 Asia-Pacific is Expected to Emerge as the Fastest Growing Market At A CAGR of 26.59% 
    4.5 Market: Application (2020)
    4.6 Market: Developed vs. Developing Nations
    4.7 Market: Consumer and Healthcare Sectors (2013)

5 Market Overview (Page No. - 44)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 the Haptics Technology Market, By Component
           5.2.2 the Haptics Technology Makret, By Type
           5.2.3 the Haptics Technology Makret, By Application
    5.1 History and Evolution of Haptic Technology
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Use of Haptic Technology in Consumer Application
                    5.2.1.2 Enhanced User Experience Which Makes Haptics Technology Integrated Products More Personalized
                    5.2.1.3 Haptic Technology is Revolutionizing the Medical Industry
           5.2.2 Restraints
                    5.2.2.1 Cost Factor is Restraining the Adoption of Haptic Technology
                    5.2.2.2 Power Consumption
           5.2.3 Opportunities
                    5.2.3.1 Penetration of Haptics Technology in Automotive Applications
                    5.2.3.2 Emerging Application of the Haptic Touchscreens for Visually Impaired People
                    5.2.3.3 Haptic Technology Next Leading Edge in Wearableís and Holographic Display Products
           5.2.4 Challenges
                    5.2.4.1 Product Design Challenges to the Haptic Technology Market

6 Industry Analysis (Page No. - 58)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
           6.3.1 Key Influencers
    6.4 Industry Trends
    6.5 Porterís Five Forces Model
           6.5.1 Threat of New Entrants
           6.5.2 Threat 0f Substitutes
           6.5.3 Bargaining Power of Buyers
           6.5.4 Bargaining Power of Suppliers
           6.5.5 Intensity of Rivalry
    6.6 Strategic Benchmarking
           6.6.1 Technology Integration & Product Enhancement

7 Haptics Technology Market By Technology (Page No. - 71)
    7.1 Introduction
    7.2 Tactile Feedback
    7.3 Force Feedback

8 Haptics Technology Market By Components (Page No. - 77)
    8.1 Introduction
    8.2 Actuators
           8.2.1 Eccentric Rotating Mass (ERM)
           8.2.2 Piezoelectric Actuator
           8.2.3 Linear Resonant Actuators (LRA)
           8.2.4 Electro - Active Polymer Actuators
    8.3 Drivers and Controllers
    8.4 Sensors
    8.5 Softwares

9 Haptics Technology Market By Application (Page No. - 82)
    9.1 Introduction
    9.2 Consumer
           9.2.1 Smartphones and Tablets
           9.2.2 Gaming Devices
           9.2.3 Others
    9.3 Automotive
    9.4 Medical & Healthcare
    9.5 Industrial
    9.6 Others

10 Haptics Technology Market By Geography (Page No. - 100)
     10.1 Introduction
     10.2 APAC (Asia Pacific)
             10.2.1 China
             10.2.2 India
             10.2.3 Japan
             10.2.4 South Korea
             10.2.5 Others
     10.3 Europe
             10.3.1 U.K.
             10.3.2 Germany
             10.3.3 France
             10.3.4 Others
     10.4 North America
             10.4.1 U.S.
             10.4.2 Others
     10.5 RoW (Rest of World)
             10.5.1 Middle East
             10.5.2 Latin America
             10.5.3 Africa

11 Competitive Landscape (Page No. - 146)
     11.1 Overview
     11.2 Competitive Situation and Trends
             11.2.1 New Product Launches
             11.2.2 Agreements, Partnerships, Collaborations, and Joint Ventures
             11.2.3 Mergers and Acquisitions
             11.2.4 Othere Developments

12 Company Profiles (Page No. - 157)
     12.1 Immersion Corporation
             12.1.1 Business Overview
             12.1.2 Products & Services
             12.1.3 Recent Developments
             12.1.4 MnM View
                        12.1.4.1 SWOT Analysis
     12.2 Texas Instruments, Inc.
             12.2.1 Business Overview
             12.2.2 Products Offered
             12.2.3 Recent Developments
             12.2.4 MnM View
                        12.2.4.1 SWOT Analysis
     12.3 AAC Technologies Holdings, Inc.
             12.3.1 Business Overview
             12.3.2 Products Offered
             12.3.3 Recent Developments
             12.3.4 MnM View
                        12.3.4.1 SWOT Analysis
     12.4 Johnson Electric Holdings Limited
             12.4.1 Business Overview
             12.4.2 Products Offered
             12.4.3 Recent Developments
     12.5 Densitron Technologies PLC.
             12.5.1 Business Overview
             12.5.2 Products Offered
             12.5.3 Recent Developments
     12.6 Precision Microdrives Ltd
             12.6.1 Business Overview
             12.6.2 Products Offered
             12.6.3 Recent Developments
     12.7 Tactus Technology Inc.
             12.7.1 Business Overview
             12.7.2 Products Offered
             12.7.3 Recent Developments
     12.8 Haption SA
             12.8.1 Business Overview
             12.8.2 Products Offered
             12.8.3 Recent Developments
     12.9 3D Systems Corporation
             12.9.1 Business Overview
             12.9.2 Products and Services
             12.9.3 Recent Developments
             12.9.4 MnM View
                        12.9.4.1 SWOT Analysis
     12.10 Maxim Integrated Products Inc.
             12.10.1 Business Overview
             12.10.2 Products Offered
             12.10.3 Recent Developments
             12.10.4 MnM View
                        12.10.4.1 SWOT Analysis

13 Appendix (Page No. - 182)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports


List of Tables (74 Tables)

Table 1 The Growing Demand of Haptics Technology in Gaming Application
Table 2 Cost Factor and Power Consumption is Restraining the Adoption of Haptic Technology
Table 3 Haptics Technology Have the Potential to Be Dominant in Wearable Devices in the Coming Years
Table 4 Haptic-Enabled Touch Interface Systems Rely on Actuators to Produce Tactile Sensations
Table 5 Some of the Prominent Companies in the Haptic Technology Market
Table 6 Haptics Technology Market, By Technology, 2014-2020 ($Billion)
Table 7 Tactile Feedback: Haptics Technology, By Applications, 2014-2020 ($Million)
Table 8 Force Feedback: Haptics Technology, By Applications, 2014-2020 ($Million)
Table 9 Market, By Components, 2014-2020 ($Billion)
Table 10 Market By Applications, 2014-2020 ($Billion)
Table 11 Market By Consumer Application, 2014-2020 ($Billion)
Table 12 Consumer: Haptic Technology Market, By Geography, 2014-2020 ($Million)
Table 13 Consumer: Market, By Technology, 2014-2020 ($Million)
Table 14 Automotive: Haptics Technology Market, By Geography, 2014-2020 ($Million)
Table 15 Automotive: Market, By Technology, 2014-2020 ($Million)
Table 16 Medical & Healthcare: Haptic Technology Market, By Geography, 2014-2020 ($Million)
Table 17 Medical and Healthcare: Market, By Technology, 2014-2020 ($Million)
Table 18 Industrial: Market, By Geography, 2014-2020 ($Million)
Table 19 Industrial: Market, By Technology, 2014-2020 ($Million)
Table 20 Others: Market, By Geography, 2014-2020 ($Million)
Table 21 Others: Market, By Technology, 2014-2020 ($Million)
Table 22 Market, By Geography, 2014-2020 ($Million)
Table 23 APAC: Market, By Application, 2014-2020 ($Million)
Table 24 APAC: Conusmer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 25 APAC: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 26 APAC: Medical & Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 27 APAC: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 28 APAC: Others Haptic Technology Market, By Technology, 2014-2020 ($Million)
Table 29 APAC: Haptics Technology Market, By Country, 2014-2020 ($Million)
Table 30 Consumer: Haptic Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 31 Automotive: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 32 Medical & Healthcare: Haptic Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 33 Industrial: Haptics Technology Market, By APAC Countries, 2014-2020 ($Million)
Table 34 Others: Market, By APAC Countries, 2014-2020 ($Million)
Table 35 Europe: Market, By Application, 2014-2020 ($Million)
Table 36 Europe: Conusmer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 37 Europe: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 38 Europe: Medical and Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 39 Europe: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 40 Europe: Others Haptic Technology Market, By Technology, 2014-2020 ($Million)
Table 41 Europe: Market, By Country, 2014-2020 ($Million)
Table 42 Consumer: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 43 Automotive: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 44 Medical & Healthcare: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 45 Industrial: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 46 Others: Haptic Technology Market, By Europe Countries, 2014-2020 ($Million)
Table 47 North America: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 48 NA: Consumer Haptic Technology Market, By Technology, 2014-2020 ($Million)
Table 49 NA: Automotive Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 50 NA: Medical and Healthcare Market, By Technology, 2014-2020 ($Million)
Table 51 NA: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 52 NA: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 53 North America: Haptic Technology Market, By Country, 2014-2020 ($Million)
Table 54 Consumer: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 55 Automotive: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 56 Medical & Healthcare: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 57 Industrial: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 58 Others: Haptic Technology Market, By NA Countries, 2014-2020 ($Million)
Table 59 RoW: Haptics Technology Market, By Application, 2014-2020 ($Million)
Table 60 RoW: Consumer Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 61 RoW: Automotive Haptic Technology Market, By Technology, 2014-2020 ($Million)
Table 62 RoW: Medical and Healthcare Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 63 RoW: Industrial Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 64 RoW: Others Haptics Technology Market, By Technology, 2014-2020 ($Million)
Table 65 RoW: Market, By Country, 2014-2020 ($Million)
Table 66 Consumer: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 67 Automotive: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 68 Medical & Healthcare: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 69 Industrial: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 70 Others: Haptic Technology Market, By RoW Regions, 2014-2020 ($Million)
Table 71 New Product Launches, 2013 - 2014
Table 72 Agreements, Partnerships, Collaborations, and Joint Ventures, 2013 - 2014
Table 73 Mergers and Acquisitions, 2014
Table 74 Other Developments, 2014
 
 
List of Figures (85 Figures)
 
Figure 1 Markets Covered
Figure 2 Research Methodology
Figure 3 Growth in Smartphone Users (2012-2017)
Figure 4 Population Growth in Region (2008 vs. 2012)
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Assumptions of the Research Study
Figure 8 Limitations of the Study
Figure 9 Haptics Technology Market, 2013 to 2020
Figure 10 Haptics Technology Component Market Size, 2013
Figure 11 Tactile vs. Force Feedback Technology
Figure 12 Market, By Application, 2013 vs. 2020
Figure 13 Market, Best Market to Invest
Figure 14 Market, Geographic Overview
Figure 15 Consumer Sectors Accounted for A Major Market Share in 2013
Figure 16 Tactile Feedback Segment is Expected to Grow At the Highest Rate Due to Growth of Smartphones and Tablets
Figure 17 The Consumer Sector Accounted for the Maximum Market Share in the Emerging APAC in 2013
Figure 18 In APAC, China and India are Estimated to Emerge as the Fastest Growing Markets
Figure 19 Medical and Healthcare  Sectors are Expected to Dominate the APAC Market From 2014 to 2020
Figure 20 Developing Markets are Expected to Grow Faster Than the Developed Ones
Figure 21 The Medical & Healthcare Segment has A Promising Future in Emerging Economies of APAC
Figure 22 The Haptics Technology Market Segmentation: By Component
Figure 23 The HT Market Segmentation: By Type
Figure 24 The HT Market Segmentation: By Application
Figure 25 Evolution of the Haptic Enabled Devices
Figure 26 Demand of Smartphones and Tablets Will Boost Growth of Haptics Technology Market
Figure 27 Value Chain Analysis (2013): Major Value Addition is Done During Manufacturing and Assembling Phases
Figure 28 Supply Chain of Major Players in the Haptic Technology  Market
Figure 29 Key Industry Trends in the Haptic Technology  Market
Figure 30 Porterís Five Forces Analysis
Figure 31 The Porterís Five Forces Analysis for the Haptic Technology  Market
Figure 32 Threat of New Entrants
Figure 33 Threat of Substitutes
Figure 34 Bargaining Power of Buyers
Figure 35 Bargaining Power of Suppliers
Figure 36 Intensity of Rivalry
Figure 37 Strategic Benchmarking: Organic and Inorganic Growth Strategies for Technology Integration and Product Enhancement
Figure 38 Haptics Market, By Technology
Figure 39 Tactile Feedback Technology Accounted for the Largest Market Share in 2014
Figure 40 Market, By Components
Figure 41 Haptics Software Market is Projected to Show High Growth in the Coming Years
Figure 42 Market, By Application
Figure 43 Medical and Healthcare Application is Projected to Show High Growth in the Coming Five Years
Figure 44 Other Consumer Haptics Devices Such as Smart watches are Projected to Drive the Consumer Haptics Application
Figure 45 Tactile Feedback Technology Held Largest Share in Cosumer Application in 2013
Figure 46 European Region Accounted for the Largest Share in Automotive Haptics Application Market in 2014
Figure 47 The APAC Region is Projected to Show Highest Growth in Medical & Healthcare Haptics Application, From 2014 to 2020
Figure 48 Tactile Feedback Technology Accounted for the Highest Sahre in the Industrial Application in 2014
Figure 49 Haptics Technology Market, By Geography
Figure 50 Market, Geographic Analysis
Figure 51 In the Haptics Technology Market, APAC Region Accounted for the Largest Share in 2013
Figure 52 APAC Haptics Market Overview: 2013
Figure 53 Consumer Application Accounted for the Largest Share in the APAC Haptics Market in 2013
Figure 54 In the Other Application Market Tactile Feedback Accounted for the Largest Size in 2014
Figure 55 China Was the Largest Haptics Market in the APAC Region in 2013
Figure 56 In the Medical and Healthcare Application, China is Projected to Show High Growth in the Coming Years
Figure 57 European Haptics Technology Market Overview: 2013
Figure 58 Consumer Application is the Major Application of European Haptics Market in 2013
Figure 59 In the European Haptics Market, Tactile Technology Was Accounted for the Largest Share in 2014
Figure 60 Germany is Projected to Grow At High CAGR From 2014 to 2020
Figure 61 German Medical and Healthcare Market is the Largest Market in Europe an Region Among Other Countries
Figure 62 Medical and Healthcare Application is Projected to Grow Rapidly in the North American Haptics Market From 2014 to 2020
Figure 63 Tactile Feedback Technology is Projected to Grow Rapidly in the Coming Years
Figure 64 U.S. Accounted for the Largest Market in the North American Region in 2014
Figure 65 In the RoW Haptics Market Consumer Application Accounted for the Largest Share in 2014
Figure 66 Latin America is the Largest Market in the RoW Regions in 2014
Figure 67 In the Medical and Healthcare Haptics Market of RoW, African Region is Projected to Grow Rapidly From 2014 to 2020
Figure 68 Companies Adopted Partnerships and Agreements as Key Growth Strategies Over the Last Three Years
Figure 69 Market Evaluation Framework- A Significant Product Development  Through Partnerships has Fueled Growth and Innovation, 2014
Figure 70 Battle for the Market Share: New Product Launches Was the Key Strategy
Figure 71 Immerison Corporation : Business Overview
Figure 72 Immersion Corporation.: SWOT Analysis
Figure 73 Texas Instruments Inc.: Business Overview
Figure 74 Texas Instruments Inc.: SWOT Analysis
Figure 75 AAC Technologies Holdings, Inc.: Company Snapshot
Figure 76 AAC Technologies, Inc.: SWOT Analysis
Figure 77 Johnson Electric Holdings Limited: Company Snapshot
Figure 78 Densitron Technologoes PLC.: Company Snapshot
Figure 79 Precision Microdrives Ltd: Company Snapshot
Figure 80 Tactus Technology, Inc.: Company Snapshot
Figure 81 Haption SA: Company Snapshot
Figure 82 3D Systems Corp.: Company Snapshot
Figure 83 3D Systems Corp.: SWOT Analysis
Figure 84 Maxim Integrated Products Inc.: Company Snapshot
Figure 85 Maxim Integrated Products Inc.: SWOT Analysis

Haptics technology entails the manipulation of sensing through touch. The haptic feedback provided by the system is a combination of tactile information and force information. Haptics technology can be used to increase the usersí immersive feeling in virtual reality environments.

Haptics technology is a promising technology and is used in applications in consumer, automotive, medical, and industrial sectors. During the past few years, there has been extensive research for haptics technology pertaining to entertainment and gaming applications which has led to much technological advancement. The medical application is another popular area where the haptics feedback is used for surgery and training purposes. Mobile phones are integrated with haptics for re-forming touch and feel over artificial stimuli. The aerospace and defense industry uses flight simulators with force feedback to train pilots before they manage a real aircraft; this is enabled by the haptics feedback. The major advantages include sensing and manipulating objects, computer generated reality, fidelity and convenience, and convenience gaming and training.

This report describes market trends, drivers, and challenges for the haptics technology market; forecasts the haptics technology market size from 2014 to 2020 on the basis of component, type, application, and geography. The company profiles consist of the company overview, financial overview, products & services, and the recent developments. This report covers regions such as North America, Europe, APAC, and RoW (Rest of the World).

Some of the major companies present in the market are Immersion Corp (U.S.), AAC Technologies Holdings, Inc.  (China), Densitron Technologies Plc (U.K.), Haption SA (France), Johnson Electric Group (China), Maxim Integrated Products, Inc.  (U.S.), Tactus Technology Inc. (U.S.), Precision Microdrives Ltd (U.K.), Texas Instruments, Incorporated (U.S.), 3D systems Corp (U.S.), and others.

Haptics Technology Market Size, 2013-2020

Haptic Touchscreen Market

The market size for haptics technology is expected to reach to $29.84 Billion by 2020, growing at a CAGR of 25.39% from 2014 to 2020. The major application for the haptics technology market comprises the consumer application. The tactile feedback segment dominates the other types and accounts for the highest share of this market. Asia Pacific is the leading region in the overall market followed by North America.

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