Market By Feedback Type, Components, Application And Geography | Forecast 2019-2027
A Triton Market Research report states that the haptic technology market in Europe is progressing at a CAGR of 15.29% during the forecast period 2019-2027.
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The countries evaluated in the Europe haptic technology market are:
•          United Kingdom
•          Germany
•          Russia
•          France
•          Italy
•          Spain Â
•          Rest of Europe
The recovering economic conditions in Europe, the increasing income of people and the improved standard of living are some of the significant factors affecting the market growth positively. Europe has one of the largest consumer electronics and automotive industries in the world. There is an increasing demand for haptic technology from these industries, thereby increasing the market growth in European countries, especially in the United Kingdom, France and Germany.
In France, McDonald’s, a major fast-food company, launched a new service that allowed consumers to order their meal using a touch-screen kiosk at their table. The advent of next-generation devices is expected to create a lot of market opportunities for haptic technology in the country.
The National Health Service (NHS) in the United Kingdom declared that the second phase of the diabetes prevention project would make use of digital tools and wearable devices to reach the goal. The implementation of this program is expected to boost the demand for medical wearables on a large scale, thereby providing market opportunities for the touch screen controllers. Besides, the growing trend of touch screen features into the automotive industry is expected to push the demand for touch screen controllers, thereby propelling the market growth of haptic technology in the United Kingdom.
Established in 2001, Haption is a company that is engaged in designing, manufacturing and marketing of haptic products and services to academic and industrial consumers. The company offers its products simulators for functional rehabilitation, medical training, telesurgery and virtual reality applications. The company is mostly engaged in force feedback application of the haptic technology for simulation applications. It has been focusing on the aspect of research and development for over 30 years and been involved in developing quality products. The company has its headquarters in Soulge-sur-Ouette, France.
1. EUROPE 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. EUROPE HAPTIC TECHNOLOGY MARKET OUTLOOK - BY FEEDBACK TYPE
3.1. TACTILE
3.2. FORCE
4. EUROPE HAPTIC TECHNOLOGY MARKET OUTLOOK - BY COMPONENTS
4.1. ACTUATORS
4.2. DRIVERS & CONTROLLERS
4.3. SOFTWARE
4.4. OTHERS
5. EUROPE 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. EUROPE HAPTIC TECHNOLOGY MARKET – REGIONAL OUTLOOK
6.1. UNITED KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. RUSSIA
6.7. REST OF EUROPE
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: EUROPE HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: EUROPE HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)
TABLE 4: EUROPE HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)
TABLE 5: EUROPE HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6: EUROPE 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: EUROPE HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2019-2027 (IN $ MILLION)
FIGURE 5: EUROPE HAPTIC TECHNOLOGY MARKET, BY FORCE, 2019-2027 (IN $ MILLION)
FIGURE 6: EUROPE HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2019-2027 (IN $ MILLION)
FIGURE 7: EUROPE HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2019-2027 (IN $ MILLION)
FIGURE 8: EUROPE HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 9: EUROPE HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: EUROPE HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 11: EUROPE HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2019-2027 (IN $ MILLION)
FIGURE 12: EUROPE HAPTIC TECHNOLOGY MARKET, BY GAMING, 2019-2027 (IN $ MILLION)
FIGURE 13: EUROPE HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 14: EUROPE HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2019-2027 (IN $ MILLION)
FIGURE 15: EUROPE HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 16: EUROPE HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 17: EUROPE HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 18: UNITED KINGDOM HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: GERMANY HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: FRANCE HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: SPAIN HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22: ITALY HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: RUSSIA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: REST OF EUROPE HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)