Last updateMon, 01 Feb 2021 12pm

Haptic TouchScreen Technology Market to see 41% CAGR During 2013 - 2018

Forecast to reach $51.77 Billion value in 2018, the global haptic technology market for touchscreen is growing at a very high CAGR. Haptic Technology Market for Touchscreen (2013- 2018): By Components (Kinesthetic & Tactile Sensing, Actuators); Technology (Resistive, Capacitive); Devices (Touchscreens, Input Devices); Applications (Consumer Electronics, Automotive, Medical) research report available with RnRMarketResearch.com, says Immersion covers about 95% of the overall market share in the haptic technology solution market. Some of the major companies dominating the haptic touchscreen industry are Immersion (U.S.), Senseg (Finland), SMK Electronics (U.S.), and others.

The major driving factors for the haptic touchscreens market are the growth of the Smartphones and virtual interfaces. In the report, different touchscreens technologies are discussed like capacitive touchscreens, resistive touchscreens, surface acoustic wave (SAW) touchscreens, optical imaging touchscreens, and others. Haptic technology is increasing in use for capacitive touchscreens. Haptic technology in touchscreens is based on two different types of sensing systems, namely Kinesthetic and tactile. Different types of actuators, electronic systems, and the softwares required for a haptic system are also discussed in the report. Adding haptic and sound feedback to touchscreens using different types of actuators is one of the emerging technologies in the field of the touchscreens. The haptic driver provides a touch sensation when a user interacts with a touchscreen. Handset design challenges and the high power consumption are the major barriers in the growth of haptic touchscreens market.

In-depth competitive landscape for each player and market share has been given in the report along with geographic analysis for haptic touchscreens market, covering the major regional markets, viz. North America, Europe, Asia-Pacific, and Rest of the World (ROW). Some of the major agreements like the agreement between Immersion Corporation (U.S.) and Motorola Inc. (U.S.) other the major acquisitions, collaborations, and partnerships that boost the sales of haptic touchscreens are discussed in the report. 23 companies like 3M, Alpine Electronics, Apple, Cypress Semiconductor Corporation, Densitron Technologies, Displax Interactive Systems, ELO Touch Solutions, Gesturetek, Haption S.A., Hiwave Technologies, Immersion Corporation, Johnson Electric, Maxim Integrated, Microchip Technology, National Semiconductor, Renesas Electronics Corporation, Samsung Electronics, Sensable, Senseg, SMK Electronics, Synaptics, Tactus Technology and Texas Instruments are profiled in this research available for purchase
Haptics creates multi modal experiences that improve the usability by engaging touch, sound, and sight. Haptics improve the usability by fully engaging the users' senses such as in a shooter game when a user selects a virtual button, he/she can sense the button due to the haptics and performs much better. Haptics provides the users with in-built and definite tactile confirmation. Haptics also makes a user more confident by improving the safety and overcoming the distractions. Haptics rebuilds the mechanical feeling as the user is able to touch and feel the buttons on the touchscreen.

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