DUBLIN, Feb. 16, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/3frrm5/global_haptics) has announced the addition of the "Global Haptics Technology Market 2016-2020" report to their offering.
The global haptic technology market is expected to grow at a CAGR of 11.64% during the period 2016-2020.
Haptic technology has huge potential in the smartphone sector mainly because of the rise in smartphones equipped with large touch screen interfaces. The growing market for large-screen smartphones equipped with haptic technology will drive growth in the haptic technology market during the forecast period.
According to the report, the usage of smartphones and tablets has increased primarily in web-based and media-based applications, resulting in high penetration among individual customers. The demand for an interactive sensory experience by consumers drives the demand for devices with haptics.
Further, the report states that end-users are highly price sensitive, and any upgrade in technology results in incremental changes in price, thereby affecting the market growth of vendors.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- AAC Technologies
- Alps Electric
- Cypress Semiconductor
- Dongwoon Anatech
- Jahwa Electronics
- Johnson Electric
- Methode Electronics
- NEC TOKIN
- Nidec Copal
- Texas Instruments
- Yeil Electronics.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/3frrm5/global_haptics
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SOURCE Research and Markets