Market By Feedback Type, Components, Application And Geography | Forecast 2019-2027
A Triton Market Research report has forecasted the haptic technology market in the Asia-Pacific region to depict growth in revenue and expand at a CAGR of 14.87% during the estimated period 2019-2027.
The countries studied in the Asia-Pacific haptic technology market are:
•          China
•          Japan
•          South Korea
•          ASEAN countries
•          India
•          Australia & New Zealand
•          Rest of APAC countries
The growing economies in the Asia-Pacific countries such as China, Japan, South Korea and Rest of Asia-Pacific are expected to boost the market growth of haptic technology in the region. Also, the growth of information technology and the telecom industries in emerging economies are other factors affecting the market growth positively. Besides, the presence of influential companies like Johnson Electric and SMK Corporation is promoting the haptic technology market growth in Asia-Pacific.
Most of the housing retailers are adopting the touch screen feature to enhance consumer interaction. As the touch-enabled kiosks allow the users to browse through various products quickly, the adoption rate of these systems is on the rise. Besides, Japanese companies such as Sony Corporation are expanding their gaming segment with the development of the PlayStation controller, which is touch-screen. The increasing adoption of touch-enabled systems in different sectors is thereby driving the haptic technology market. The affordable cost of consumer electronics like smartphones and tablet PCs, the growing adoption of user-friendly interface and favorable government initiatives toward e-learning education have promoted the usage of these devices in Japan. All these factors are expected to proliferate the regional haptic technology market further.
Johnson Electric Holdings Limited is a company that provides motion products and control systems to different industry segments, including medical devices, home technologies, industrial equipment, automotive, building automation & security and defense & aerospace. It provides haptic actuators that allow interaction between user and machine in any vibratory environment. Headquartered in Shatin, Hong Kong, the company has a major business presence in Asia, Europe and the Americas.
1. ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. TACTILE HAPTIC TECHNOLOGY LEADS THE MARKET
2.2.2. CONSUMER ELECTRONICS SEGMENT CAPTURES LARGEST MARKET SHARE
2.2.3. HD HAPTICS & ULTRA HAPTICS GIVES FURTHER PUSH TO THE MARKET
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. INDUSTRY COMPONENTS
2.7. MARKET DRIVERS
2.7.1. INCREASED ADOPTION BY GAMING CONSOLE COMPANIES
2.7.2. GROWTH IN CONSUMER ELECTRONIC DEVICES
2.7.3. INCREASED USE OF TOUCH SCREEN INTERFACE
2.7.4. GROWING INNOVATION AND APPLICATION IN AUTOMOTIVE INDUSTRY
2.8. MARKET RESTRAINTS
2.8.1. HIGH COST OF ADOPTING THE TECHNOLOGY
2.8.2. INCREASED POWER CONSUMPTION
2.9. MARKET OPPORTUNITIES
2.9.1. APPLICATIONS FOR VISUALLY IMPAIRED
2.9.2. HOLOGRAPHIC DISPLAY PRODUCTS PROVIDE POTENTIAL APPLICATIONS
2.10. MARKET CHALLENGES
2.10.1. TECHNICAL CHALLENGES FACED BY MANUFACTURERS
3. ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET OUTLOOK - BY FEEDBACK TYPE
3.1. TACTILE
3.2. FORCE
4. ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET OUTLOOK - BY COMPONENTS
4.1. ACTUATORS
4.2. DRIVERS & CONTROLLERS
4.3. SOFTWARE
4.4. OTHERS
5. ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET OUTLOOK - BY APPLICATION
5.1. CONSUMER ELECTRONICS
5.2. ENGINEERING
5.3. GAMING
5.4. AUTOMOTIVE & TRANSPORTATION
5.5. EDUCATION & RESEARCH
5.6. HEALTHCARE
5.7. OTHERS
6. ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET – REGIONAL OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH KOREA
6.5. ASEAN COUNTRIES
6.6. AUSTRALIA & NEW ZEALAND
6.7. REST OF ASIA-PACIFIC
7. COMPETITIVE LANDSCAPE
7.1. 3D SYSTEMS INC
7.2. DENSITRON TECHNOLOGIES LTD
7.3. FORCE DIMENSION
7.4. HAPTION
7.5. IMAGIS
7.6. IMMERSION
7.7. JOHNSON ELECTRIC HOLDINGS LIMITED
7.8. MICROCHIP TECHNOLOGY INC
7.9. SEMICONDUCTOR COMPONENTS INDUSTRIES LLC
7.10. PRECISION MICRODRIVES LTD
7.11. SENSEG OY
7.12. SMK MANUFACTURING INC
7.13. SYNAPTICS
7.14. TEXAS INSTRUMENTS INCORPORATED
7.15. ULTRALEAP LIMITED
8. METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCE ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2019-2027 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY FORCE, 2019-2027 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2019-2027 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2019-2027 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2019-2027 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY GAMING, 2019-2027 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2019-2027 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 18: CHINA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: JAPAN HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: INDIA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: SOUTH KOREA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: ASEAN COUNTRIES HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: AUSTRALIA & NEW ZEALAND HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: REST OF ASIA-PACIFIC HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)