The global tactile sensors market expected to expand at a CAGR of 9.2% during the forecast period from 2018 to 2026. An increase in the uptake of tactile sensing technologies across different industry verticals can be observed over the last few years, which can be indicated by the total patents being filed and research paper being published. For instance, since 2014, the number of related products patented with the US Patent office have increased by almost a factor of 10 and research activities have doubled. Surge in the adoption of tactile sensing technologies can be largely credited to advances in development of new special structural engineering methods and materials in combination with existing physical principals. In addition, introduction of state-of-the-art flexible tactile sensors that use distinct sensing structures along with capacitive or piezoresistive schemes for achieving higher-pressure sensitivity is expected to drive market adoption during the forecast period from 2018 to 2026.
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"Huge Industrial Base makes Asia Pacific the Largest Tactile Sensors Market Worldwide"
Asia Pacific represents the largest tactile sensors market worldwide in terms of both market value and volume. The region accounted for over 34% of the total market value in 2017 and will continue to dominate, offering healthy investment and growth opportunities for all participants involved in the tactile sensor value chain during the forecast period. The dominance and forecasted growth can be largely credited to huge industrial sector coupled with increasing adoption of automation and robotics across the sector. The growth will also be driven by the proliferation of consumer electronics industry in the region. On the other hand, sluggish growth in industrial sector of developed regions like North America and Europe will be offset by strong and steady growth in the healthcare sector.
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Key Players:
Some of the leading tactile sensor manufacturers profiled in the research study include Annon Piezo Technology, Tekscan Inc., Pressure Profile Systems, Inc. APC International Ltd., Airmar Technology Corporation, TRS Technologies, Inc., Weiss Robotics, Cirque Corporation, Tacterion GmbH, Synaptics Incorporated, Touch International Inc, X-sensors and Barrett Technology among others.
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Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.
Report Scope by Segments
Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2016-2026 |
| Base Year |
2017 |
| Forecast Period |
2018-2026 |
| Historical Year |
2016 |
| Unit |
USD Billion |
| Segmentation |
Type Segment (2016–2026; US$ Bn)
• Resistive Tactile Sensors
• Capacitive Tactile Sensors
• Piezoelectric Tactile Sensors
• Piezoresistive Tactile Sensors
• Inductive Tactile Sensors
• Optoelectric Tactile Sensors
• Others (Magnetic, Ultrasonic, etc.)
|
|
End-use Vertical Segment (2016–2026; US$ Bn)
• Automotive
• Industrial
• Consumer Electronics
• Healthcare
• Others (Aerospace, Oil & Gas etc.)
|
|
Geography Segment (2016–2026; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the global tactile sensors market size in 2016 & 2017?
- What is estimated forecast and market projections from 2018 up to 2026?
- Which region is largest regional market for tactile sensors?
- Which tactile sensor type contributes the largest revenue worldwide?
- Predominant trends shaping the global tactile sensors market worldwide
- Who are the leading manufacturers in the global tactile sensors market worldwide?
- What are the key strategies adopted by the leading manufacturers in the global management market?
