IDTechEx Research: Emerging haptics boosting market to $2.3bn by 2026

The new IDTechEx Research report "Haptics 2016-2026: Technologies, Markets, Players” forecasts that the global market for haptics technologies will reach $2.3bn by 2026.

BOSTON--()--Haptics are an essential feature of the user experience (UX) platform in many electronic products today. Whether as notification provision in a vibrating smartphone, to excite the user via a vibrating video game controller, or providing input confirmation in an industrial scanner, this billion dollar industry is experienced by most people every day. The brand new IDTechEx Research report "Haptics 2016-2026: Technologies, Markets, Players" provides comprehensive details of each haptic technology, the main players, key case studies, interviews and company profiles throughout, and full market forecasts from 2015 to 2026.

Cheap, reliable and largely adequate, eccentric rotating mass (ERM) motors are supplied in huge volumes from China, and dominate the marketplace. However, the diversity of alternative technologies is growing, and now includes everything from linear resonant actuators (LRAs) and voice coils to piezoelectric polymeric films and microfluidic display overlays.

The report concludes that the market as a whole will grow at a steady 7.2% to 2026, reaching a total size of $2.3bn. However, it is the emerging sector, starting small in comparison but growing at 30.2% CAGR to over $500m in the next decade where the most potential lies. The largest players are already backing new haptics with both financial support and product reputations, typified by Apple's announcement of their custom LRA, the Taptic module.

"Haptics 2016-2026: Technologies, Markets, Players" is the best resource available to gain a detailed understanding of the haptics industry. It describes all of the technology options available on the market today, benchmarking their performance against each other. It outlines the opportunities in this industry, both by detailing the unmet needs of end-users and the limitations of current technology, and via market forecasts. Finally, because understanding the player ecosystem is key to this industry, it characterises all of the key players with over 20 separate company profiles, direct interviews and case studies covering the entire industry and value chain, conducted directly by the analyst team at IDTechEx Research.

Learn more at www.IDTechEx.com/haptics.

Contacts

IDTechEx
Alison Lewis
Marketing Manager, Reports
a.lewis@idtechex.com
www.IDTechEx.com
twitter.com/IDTechEx
UK: +44-1223-810290
US: +1-617-577-7890

Contacts

IDTechEx
Alison Lewis
Marketing Manager, Reports
a.lewis@idtechex.com
www.IDTechEx.com
twitter.com/IDTechEx
UK: +44-1223-810290
US: +1-617-577-7890