Market By Feedback Type, Components, Application And Geography | Forecast 2019-2027
Triton Market Research’s report on the North American haptic technology market depicts the market would grow at a CAGR of 14.03% in the estimated period.
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The countries evaluated in the
North American haptic technology market are:
•          Canada
•          United States
North America is one of the largest markets for haptic technology in the world. The growing importance of haptics in augmented & virtual reality, as well as, in different industries like automobile, gaming, and medical devices, are some of the factors driving the haptic technology market in the region. Technological advancements have led to the development of the IT industry in North America. Adoption of developed technologies like virtual reality for applications in different sectors such as defense and education are driving the IT sector in the region.
There is an excellent development in the virtual reality & augmented reality segment in the United States, accounting for about 45% of the global investment. The development of sensing technology and the interactive sensing experience has helped enrich virtual reality. Haptic technology has many growth opportunities in this segment. Besides, the gaming industry is yet another flourished sector of the United States. It is reported that about 63% of the total population spends an average of $16.91 every month on gaming. With the use of haptics, gaming consoles give a better user experience. The development of the gaming industry is also expected to propel the market growth in the region.
Immersion is a company that deals with creating, designing, developing and licensing of hardware and software technologies to improve digital devices using the sense of touch.
The company provides haptic technologies, which allow people to use touch interaction while operating applications, including medical simulation, mobile phones, robotic surgical systems, video console gaming and consumer electronics. Headquartered in San Jose, California, the company has operations in North America, Europe and Asia.
1. NORTH AMERICA 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. NORTH AMERICA HAPTIC TECHNOLOGY MARKET OUTLOOK - BY FEEDBACK TYPE
3.1. TACTILE
3.2. FORCE
4. NORTH AMERICA HAPTIC TECHNOLOGY MARKET OUTLOOK - BY COMPONENTS
4.1. ACTUATORS
4.2. DRIVERS & CONTROLLERS
4.3. SOFTWARE
4.4. OTHERS
5. NORTH AMERICA 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. NORTH AMERICA HAPTIC TECHNOLOGY MARKET – REGIONAL OUTLOOK
6.1. UNITED STATES
6.2. CANADA
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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FEEDBACK TYPE, 2019-2027 (IN $ MILLION)
TABLE 4: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA 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: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY FORCE, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY GAMING, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 18: UNITED STATES HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: CANADA HAPTIC TECHNOLOGY MARKET, 2019-2027 (IN $ MILLION)