Haptics Global Strategic Business Report 2023: Market to Reach $47 Billion by 2030, from $16 Billion in 2022 - UltraHaptics to Bring In a New Era

Dublin, Dec. 11, 2023 (GLOBE NEWSWIRE) -- The "Haptics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Haptics Market to Reach $47 Billion by 2030

The global market for Haptics estimated at US$16.8 Billion in the year 2022, is projected to reach a revised size of US$47 Billion by 2030, growing at a CAGR of 13.7% over the analysis period 2022-2030. Tactile, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$36 Billion by the end of the analysis period. Growth in the Force segment is estimated at 11.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 16.2% CAGR

The Haptics market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 11.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.

Select Competitors (Total 119 Featured)

  • Cypress Semiconductor Corporation
  • Alps Alpine Co., Ltd.
  • 3D Systems Inc. (USA)
  • Alpine Electronics, Inc.
  • CyberGlove Systems LLC
  • Aito BV
  • Ducere Technologies
  • FundamentalVR
  • Core
  • Dexta Robotics
  • exiii Inc.
  • Butterfly Haptics
  • Bristol Robotics Laboratory
  • Dongwoon Anatech

Key Attributes:

Report AttributeDetails
No. of Pages401
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$16.8 Billion
Forecasted Market Value (USD) by 2030$47 Billion
Compound Annual Growth Rate13.7%
Regions CoveredGlobal


  • Haptic Presents Potent Marketing Tool to Lift Customer Experience & Retention
  • New Opportunities for Haptic Touchpads in Laptops
  • World Shipment of Laptops in Million Units: 2016-2025
  • Smart Homes and Home Automation Systems to Provide Robust Opportunities
  • Growing Number of Smart Homes Catalyzes Opportunities for Haptic Technology: Global Smart Homes Market (In US$ Billion) for the Years 2021, 2023 & 2025
  • Global Smart Homes Market by Category (in %) for the Years 2020 and 2022
  • Growing Significance of Haptics in AR and VR Application
  • Multi-Channel Haptics to Drive Growth
  • Automotive & Transportation to Broader Uptake
  • World Automotive Cockpit Electronics Market by Product (2021 & 2027): Percentage Breakdown of Sales for Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, and Other Products
  • Automotive Electronics as a Percentage (%) of Vehicle Production Cost for the Years 2010, 2020 & 2030
  • For Electric Car Makers, Haptic Technology is New Option to Stand Out & Differentiate
  • Global Electric Car Fleet Size (In Thousand Units) for the Years 2016, 2018, 2020, and 2022
  • Faurecia and Immersion Corporation Come together for developing highly interactive Haptic User Interfaces
  • Demand for More Immersive User Experience Drives Incorporation of Haptics in Video Gaming
  • Impact of COVID-19 Pandemic on Gaming Industry
  • Percentage of Internet Users Playing Video Games by Device: April 2020
  • To Cope With the Pandemic, Sequestered People Around the Globe Escape to Gaming: Average Increase in Time Spent on Video Games (In %) Feb-to-Apr-2020
  • Key Statistical Findings
  • Global Number of Gamers (in Billion) for the Years 2015, 2017, 2019 and 2021
  • Global Console Operating System Market (in %) for 2020
  • Gaming Platforms Attracting Developer Interest: % of Game Developers Working on a Game by Gaming Platform
  • Strong Growth in Mobile Video Usage Drives the Business Case for Haptics
  • Opportunity Indicator
  • Mobile Video Traffic (in petabytes per month): 2017-2022
  • Haptics Gain at the Expense of Home Button in Smartphones
  • Opportunity Indicators
  • Number of Smartphone Users Worldwide (in Million): 2012, 2014, 2016, 2020, 2022, and 2024
  • Penetration Rate of Smartphones as a % of Total Population: 2016-2021
  • Advanced Haptics from Qualcomm for Android
  • Tactile Computing Revolution Opens a New Window of Opportunity for Haptics
  • An Introduction to High-Definition Haptic Feedback
  • Haptics Emerges As a Key Strategy for Product Differentiation
  • Haptics Technology for Virtual Prototyping
  • Haptics in Healthcare: A Growing Field
  • Simulated Training Drive Adoption of Haptics in Surgical Procedures
  • Increasing Role of Haptic Technology in Designing of Innovative Products with Increased Functionalities
  • Haptic Technology Finds Opportunities in Retail to Boost Shopping Experience
  • UltraHaptics to Bring In a New Era of Touchless Touch Screens
  • Wearable Haptics Gain Prominence in Personalized Devices
  • Global Wearable Device Shipments in Million Units for the Years 2017, 2019 and 2021
  • Global Wearable Technology Market by Application: 2021E
  • Robotics Emerges as an Essential Applications of Haptic Feedback
  • Proliferation of Touchscreens, Touch Surfaces & Their Inherent UI Limitations Amplify Interest in Haptics
  • Adoption of Touch Screens in Public Shared Devices: An Attractive Opportunity for Growth
  • Haptic Technology Brings Myriad of Exciting Possibilities
  • Strong Focus on Industrial Automation Drives Interest in Haptics
  • Development of New Generation Automated Aircrafts Drives Demand for Haptics in Commercial Flight Simulation Equipment
  • Haptic Technology Finds Application in Space
  • Haptics Set to Revolutionize Molecular Biology & Cellular Research
  • Potential Application of Haptic Technology for Creating Mobility Devices for Visually Impaired People
  • Haptics in Entertainment Industry


  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Haptics Gains Significance as Contactless Technologies Attract Interest
  • From a Modest Start, Haptic Technology Garners Immense Attention
  • Haptics - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Haptics: A Prelude
  • Types of Haptic Feedback
  • Advantages of Using Haptics
  • Challenges in Haptics Usage
  • Major Use Cases of Haptic Technology
  • Market Outlook
  • Key Future Trends in Haptic Technology
  • Recent Market Activity
  • Select Innovations

For more information about this report visit https://www.researchandmarkets.com/r/vvi0wr

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