LAMEA Haptic Technology Market By Component (Hardware and Software), By Feedback Type (Tactile and Force), By End User (Consumer Devices, Education & Research, Automotive & Transportation, Healthcare, Commercial & Industrial and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The Latin America, Middle East and Africa Haptic Technology Market would witness market growth of 15.3% CAGR during the forecast period (2020-2026). Haptic technology refers to the sense of touch that is capable of interacting with PCs, computers, and many others. Aircraft is one of the earliest adopters of haptic technology and these aircrafts depended on servomechanism systems to handle control systems. With the help of haptic technology, it becomes easier to study a human sense of touch by allowing the development of controlled virtual objects. Various elements are used in haptic technology such as actuators, haptic drives, and microcontroller units. Actuators are considered as electronic devices that convert electric energy to mechanical energy.
Haptic technology was once restricted to smartphones, tablets, and other consumer devices. However, the technology is currently being utilized in new fields like education and robotics. In the field of robotics, robot operators use haptic devices such as gloves in order to control a robotic hand or other end effectors with accurate control. Robot operators use haptic gloves to accurately control the robot arms even while sitting away from the factory unit. HaptX (US) is one of the leading providers of haptic gloves for robotic applications.
The future of haptic technology is not just extremely hopeful but also evolving. There is a rapid evolvement in haptics with virtual reality technologies. Across the world, designers are engaged in developing real touch sensations, for video games, robots, and more. Various researches have proved that including haptic feedback to the control of these robot’s increases precision and decreases tissue damage and operation time. Hence, the aforementioned factors are likely to contribute to the growth of the haptic technology market in the next few years.
Based on Component, the market is segmented into Hardware and Software. Based on Feedback Type, the market is segmented into Tactile and Force. Based on End User, the market is segmented into Consumer Devices, Education & Research, Automotive & Transportation, Healthcare, Commercial & Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Infineon Technologies AG, TDK Corporation, Microchip Technology, Inc., Dialog Semiconductor PLC, ON Semiconductor Corporation, Synaptics, Inc., Immersion Corporation, SMK Corporation, HaptX, Inc., and Ultraleap Limited (Leap Motion, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Feedback Type
By End User
- Consumer Devices
- Education & Research
- Automotive & Transportation
- Commercial & Industrial
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Infineon Technologies AG
- TDK Corporation
- Microchip Technology, Inc.
- Dialog Semiconductor PLC
- ON Semiconductor Corporation
- Synaptics, Inc.
- Immersion Corporation
- SMK Corporation
- HaptX, Inc.
- Ultraleap Limited (Leap Motion, Inc.)
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