Last updated on April 21, 2014 at 11:58 EDT

Haptic Technology Market worth $51.77 Billion by 2018

April 16, 2013

DALLAS, April 16, 2013 /PRNewswire/ –

According to a new market research report of “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)”, published by MarketsandMarkets, is expected to grow at
a CAGR of 41% from 2013 to 2018 and reach $51.77 billion in 2018.


        - 92 market data tables
        - 46 figures
        - 283 pages and an in-depth Table of Content on "Haptic Technology Market"


Early buyers will receive 10% customization on this report.

Haptics creates multi modal experiences that improve the usability by engaging touch,
sound, and sight. Haptics improve the usability by fully engaging the user’s 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.

The overall haptic touchscreens market is segmented into three major segments namely:
application, touch technologies and geography. All the major segments are further
segmented into sub segments. All the segments and sub segments are separately described in
the report.

Global haptic touchscreens market is expected to reach $51.77 billion by 2018, at an
estimated CAGR of 41% from 2013 to 2018.

The major driving factors for the haptic technology market
[http://www.marketsandmarkets.com/Market-Reports/haptic-technology-market-443.html ] are
the growth of the Smartphone’s and virtual interfaces. In the report, different
Touchscreen 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
software’s required for a haptic system are also discussed in the report.

Geographical split for every application is included in the report as the market share
of different applications of haptic touchscreens varies from one region to another. This
report describes the overall market into four major geographical segments, namely, North
America, Europe, Asia Pacific, and Rest of the World (ROW). APAC is the market leader in
the overall haptic touchscreens market; followed by North America and Europe. In ROW, the
Middle East, and Africa are the largest contributors.

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Source: PR Newswire