Market Overview:
The global haptic motors market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for haptic feedback in mobile devices and other consumer electronics products. Additionally, the growing demand for haptics in automotive applications is also contributing to the growth of this market. The global haptic motors market can be segmented on the basis of type into eccentric rotating mass (ERM) actuators, linear resonant actuators (LRAS), and others. The ERM actuator segment is expected to account for a major share of the global haptic motors market during the forecast period owing to its high adoption rate in mobile devices and other consumer electronics products.
Product Definition:
A haptic motor is a device that uses vibration or other forms of stimulation to create tactile feedback. This feedback can be used to provide information about the environment or to control the movement of a robotic arm. Haptic motors are important for creating immersive virtual reality experiences and for controlling robots.
Eccentric Rotating Mass (ERM) Actuators:
Massive investment in the defense sector by countries around the world has been a major driving factor for this market. The growing need for advanced technologies to increase soldier's survivability and mobility is expected to fuel product demand over the forecast period.
ERM actuators are used in various applications such as helicopters, unmanned aerial vehicles (UAVs), land-based cruise missiles, remotely piloted aircraft systems (RPAS),.
Linear Resonant Actuators (LRAS):
Linear Resonant Actuators (LRAS) are used in Haptic Motors to create haptic effects. They are vibration motors that produce tactile sensations by creating vibrations at a specific frequency. The actuator is placed inside the device and its movement creates the sensation of touch on the skin of hands or arms, typically for virtual reality applications.
Application Insights:
The mobile terminal segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The increasing adoption of smartphones has led to an increase in the demand for haptic feedback systems that provide realistic touch experiences on phones. Furthermore, introduction of advanced technologies such as Taptic Engine by Apple Inc. and Vibration Motor by Lenovo Corporation is expected to drive the product demand over the forecast period.
The wearable devices segment accounted for a significant market share in 2017 owing to high product demand from gaming, medical and industrial applications such as robotic exoskeletons among others which require precise control over force feedback mechanisms.
Regional Analysis:
North America dominated the global market in 2017 owing to the high adoption of haptic technology in gaming and augmented reality applications. The increasing use of smartphones, tablets, and personal computers is also expected to drive the regional market over the forecast period. Europe accounted for a significant share due to growing investments by companies such as Siemens AG; HTC Corporation; and Airbus S.A.S.
The increasing popularity of online shopping has boosted sales volume of consumer electronics products such as laptops & desktops etc.
Growth Factors:
- Increasing demand for haptic feedback in consumer electronics
- Rising demand from the automotive industry
- Growing popularity of virtual and augmented reality applications
- Proliferation of wearable devices
- Development of next-generation haptic technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Haptic Motors Market Research Report
By Type
Eccentric Rotating Mass (ERM) Actuators, Linear Resonant Actuators (LRAS), Others
By Application
Mobile Terminal (Smartphone/Tablet), Wearable Devices, Automotive, Household Appliances, Others
By Companies
AAC Technologies, Nidec Corporation, MPlus Co.LTD, Jinlong Machinery & Electronics, Bluecom, Johnson Electric, Texas Instruments, TDK, Jahwa, PI Ceramic, AAC Technologies, Novasentis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Haptic Motors Market Report Segments:
The global Haptic Motors market is segmented on the basis of:
Types
Eccentric Rotating Mass (ERM) Actuators, Linear Resonant Actuators (LRAS), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mobile Terminal (Smartphone/Tablet), Wearable Devices, Automotive, Household Appliances, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AAC Technologies
- Nidec Corporation
- MPlus Co.LTD
- Jinlong Machinery & Electronics
- Bluecom
- Johnson Electric
- Texas Instruments
- TDK
- Jahwa
- PI Ceramic
- AAC Technologies
- Novasentis
Highlights of The Haptic Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Eccentric Rotating Mass (ERM) Actuators
- Linear Resonant Actuators (LRAS)
- Others
- By Application:
- Mobile Terminal (Smartphone/Tablet)
- Wearable Devices
- Automotive
- Household Appliances
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Haptic Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Haptic motors are devices that use vibrations to create haptic feedback. This type of feedback is used in virtual reality (VR), gaming, and other applications that involve the user feeling a physical sensation.
Some of the major companies in the haptic motors market are AAC Technologies, Nidec Corporation, MPlus Co.LTD, Jinlong Machinery & Electronics, Bluecom, Johnson Electric, Texas Instruments, TDK, Jahwa, PI Ceramic, AAC Technologies, Novasentis.
The haptic motors market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Haptic Motors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Haptic Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Haptic Motors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Haptic Motors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Haptic Motors Market Size & Forecast, 2020-2028
4.5.1 Haptic Motors Market Size and Y-o-Y Growth
4.5.2 Haptic Motors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Eccentric Rotating Mass (ERM) Actuators
5.2.2 Linear Resonant Actuators (LRAS)
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mobile Terminal (Smartphone/Tablet)
6.2.2 Wearable Devices
6.2.3 Automotive
6.2.4 Household Appliances
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Haptic Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Haptic Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Eccentric Rotating Mass (ERM) Actuators
9.6.2 Linear Resonant Actuators (LRAS)
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mobile Terminal (Smartphone/Tablet)
9.10.2 Wearable Devices
9.10.3 Automotive
9.10.4 Household Appliances
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Eccentric Rotating Mass (ERM) Actuators
10.6.2 Linear Resonant Actuators (LRAS)
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mobile Terminal (Smartphone/Tablet)
10.10.2 Wearable Devices
10.10.3 Automotive
10.10.4 Household Appliances
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Eccentric Rotating Mass (ERM) Actuators
11.6.2 Linear Resonant Actuators (LRAS)
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mobile Terminal (Smartphone/Tablet)
11.10.2 Wearable Devices
11.10.3 Automotive
11.10.4 Household Appliances
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Eccentric Rotating Mass (ERM) Actuators
12.6.2 Linear Resonant Actuators (LRAS)
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mobile Terminal (Smartphone/Tablet)
12.10.2 Wearable Devices
12.10.3 Automotive
12.10.4 Household Appliances
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Eccentric Rotating Mass (ERM) Actuators
13.6.2 Linear Resonant Actuators (LRAS)
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mobile Terminal (Smartphone/Tablet)
13.10.2 Wearable Devices
13.10.3 Automotive
13.10.4 Household Appliances
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Haptic Motors Market: Competitive Dashboard
14.2 Global Haptic Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AAC Technologies
14.3.2 Nidec Corporation
14.3.3 MPlus Co.LTD
14.3.4 Jinlong Machinery & Electronics
14.3.5 Bluecom
14.3.6 Johnson Electric
14.3.7 Texas Instruments
14.3.8 TDK
14.3.9 Jahwa
14.3.10 PI Ceramic
14.3.11 AAC Technologies
14.3.12 Novasentis
