The Driving Forces for Haptics Market

Cellphone and tablets is demonstrating its power and impact in haptics market. Since the first touch-screen iPhone was introduced in 2007, touch-screen electronic products rapidly boom in five years; the surge will future drive haptics market to grow 16-fold, reaching $13.8 Billion in 2025, according to market research firm Lux Research.

Haptics is communication via touch, which faster our operation and increase user experience. For instance, via touch, we can reduce broken key without frequent press to extend the life of our consumer electronics, which, Lux Research notes, is projected to account to 89% of the total market by 2025 with revenue swelling to $12.3 billion.

However, there are emerging applications drawing attention also, mainly including automotive, fitness and medical segments. Anthony Vicari, analyst in Lux Research said ““An emerging wave of haptics offers the potential for a more intuitive and information-rich touch experience than today’s simple whole-device vibration.”

Piezoelectric actuator, producing finely controlled vibrations across a broad range of frequencies, is the largest market with anticipated sales of $9.2 billion in 2025.

Public interface ranks the second. Its $1.3 billion market will comes from the help of ATMs, information kiosks, touch-enabled vending machines, office copiers and even voting machines.

With the application of surface coverage haptics coming to commercial device and the advantage of offering richer user experience, surface coverage haptics is going to zoom in 2016. Its market size will amount to $4.5 billion market in 2025.