ASIA PACIFIC HAPTIC TECHNOLOGY MARKET FORECAST 2020-2028

The Asia Pacific haptic technology market is projected to garner a CAGR of 14.46% during the forecast period, 2020-2028. The growing IT and Telecom industry in the emerging economies of the market region is one of the most important drivers of market growth.

Asia Pacific Haptic Technology Market

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The countries analyzed for market growth in the Asia Pacific haptic technology market are Vietnam, Thailand, Indonesia, India, China, South Korea, Australia & New Zealand, Japan, and the rest of Asia Pacific. China is considered as a major manufacturing hub and is also one of the largest consumer electronics markets. The presence of smartphones is one of the factors influencing the market growth in China. The touch screen controllers have high chances and opportunities for adoption, since the country encompasses three of the top five largest smartphone companies in the world. Another factor that is estimated to drive the market growth is the emerging trend of foldable smartphones. Huawei launched a super-luxury smartphone in February 2018, which has a folding screen called the Mate X.

The automotive sector has been recording rapid growth in China. The automotive manufacturers are installing touchscreens in various applications like navigation systems, center stack displays, car window switches, rear-seat entertainment systems, etc. Moreover, these screens can endure tough conditions like humidity, extreme cold, and hot temperatures. The trend of replacing electromechanical controls with touchscreen displays is set to continue with the increasing shipments of automotive applications. China is also evaluated to have lucrative market growth opportunities in the gaming sector, since the country has the biggest gaming industry in the world.

SMK manufactures and sells telecommunications components and electronic equipment. The product portfolio includes jacks, plugs, remote control units, camera modules, communication modules, connectors, Capacitive Touch Panel with Haptic Feedback, etc. The company has its operations in Japan, China, Singapore, Hong Kong, Malaysia, South Korea, Taiwan, and the Philippines. The company has its headquarters in Tokyo, Japan.

 

TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
  3. MARKET DYNAMICS
    1. MARKET DEFINITION
    2.    KEY DRIVERS
      1. INCREASING ADOPTION OF HAPTICS IN CONSUMER ELECTRONIC DEVICES
      2. GROWING DEMAND FOR HAPTICS IN GAMING CONSOLES
      3. HAPTIC TECHNOLOGY IN AUTOMOTIVE SAFETY APPLICATIONS
      4. GROWING USE OF TOUCH SCREEN INTERFACES
    3.    KEY RESTRAINTS
      1. DECLINING ADOPTION OF FORCE FEEDBACK HAPTIC TECHNOLOGY DUE TO HIGH COST
      2. HIGH POWER CONSUMPTION
      3. TECHNICAL CHALLENGES RELATED TO PRODUCT DESIGN
  4. KEY ANALYTICS
    1. KEY INVESTMENT INSIGHTS
    2.    PORTER’S FIVE FORCE ANALYSIS
      1. BUYER POWER
      2. SUPPLIER POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. OPPORTUNITY MATRIX
    4. VENDOR LANDSCAPE
    5. VALUE CHAIN ANALYSIS
  5. MARKET FEEDBACK TYPE
    1. TACTILE
    2. FORCE
  6. MARKET BY COMPONENTS
    1. ACTUATORS
    2. DRIVERS & CONTROLLERS
    3. SOFTWARE
    4. OTHERS
  7. MARKET BY APPLICATION
    1. CONSUMER ELECTRONICS
    2. ENGINEERING
    3. GAMING
    4. AUTOMOTIVE & TRANSPORTATION
    5. EDUCATION & RESEARCH
    6. HEALTHCARE
    7. OTHERS
  8. GEOGRAPHICAL ANALYSIS
    1.    ASIA PACIFIC
      1. CHINA
      2. JAPAN
      3. INDIA
      4. SOUTH KOREA
      5. INDONESIA
      6. THAILAND
      7. VIETNAM
      8. AUSTRALIA & NEW ZEALAND
      9. REST OF ASIA PACIFIC
  9. COMPANY PROFILES
    1. 3D SYSTEMS
    2. DENSITRON TECHNOLOGIES
    3. FORCE DIMENSION
    4. HAPTION SA
    5. IMAGIS
    6. IMMERSION CORPORATION
    7. JOHNSON ELECTRIC HOLDINGS LIMITED
    8. MICROCHIP TECHNOLOGY INCORPORATED
    9. ON SEMICONDUCTOR CORPORATION
    10. PRECISION MICRODRIVES LTD
    11. SENSEG OY
    12. SMK CORPORATION
    13. SYNAPTICS INCORPORATED
    14. TEXAS INSTRUMENTS INC
    15. ULTRALEAP
LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – HAPTIC TECHNOLOGY

TABLE 2: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, FEEDBACK TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, FEEDBACK TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY COMPONENTS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE-FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, GROWTH POTENTIAL, FEEDBACK TYPE, IN 2019

FIGURE 7: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY TACTILE, 2020-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY FORCE, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, GROWTH POTENTIAL, BY COMPONENTS, IN 2019

FIGURE 10: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY ACTUATORS, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY DRIVERS & CONTROLLERS, 2020-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY SOFTWARE, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 15: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY CONSUMER ELECTRONICS, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY ENGINEERING, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY GAMING, 2020-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY AUTOMOTIVE & TRANSPORTATION, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY EDUCATION & RESEARCH, 2020-2028 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY HEALTHCARE, 2020-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 23: CHINA HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 24: JAPAN HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 25: INDIA HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 26: SOUTH KOREA HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 27: INDONESIA HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 28: THAILAND HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 29: VIETNAM HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 30: AUSTRALIA & NEW ZEALAND HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

FIGURE 31: REST OF ASIA PACIFIC HAPTIC TECHNOLOGY MARKET, 2020-2028 (IN $ MILLION)

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