Haptic Technology Market worth $51.77 Billion by 2018
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 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.
Buy a copy of this report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=443
Browse Related Reports to Semiconductor and Electronics Market @http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
More by this Source
Mobile Health Apps & Solutions Market Worth $20.7 Billion by 2018
Dec 11, 2013, 10:32 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.