The global tactile sensor market is forecast to reach USD 21.98 Billion by 2028, according to a new report by Reports and Data. The tactile sensor work as the adoptive sensing technology, which accumulates and provides feedback in response of the physical interaction. These sensors basically work as the cutaneous sense and the kinesthetic sense in the human body. The advanced adaptive tactile sensing technology can be sensitive to both the dynamic and static forces and is capable of measuring the internal and external state of systems. The rising requirement of the robotics technology in different sectors and an increase in the practice of machine learning and its research and development are helping in the market growth highly. Capacitive & axial array sensors will likely be in high demand during the forecast period.
APAC is forecasted to achieve the fastest growth of
about 18.9% in the period 2019 – 2026, due to its extensive growth in the
consumer electronics products market coupled with the massive demand for this sensor
in the electronic gadgets and appliances manufacturing industries. China,
Japan, and India are some of the fastest-growing markets due to the immense
growth in the consumer base.
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Key
participants include Synaptics Incorporated, Tekscan
Inc., Tacterion GmbH, Weiss Robotics GmbH, Pressure Profile Systems, Barrett
Technology, Touch International Inc., Cirque Corporation, Annon Piezo
Technology, and Romheld.
Further key findings from the report
suggest
- The
tactile mechanism in the machineries reacts instantly and having no
latencies to mechanical force-feedback interfaces. These sensors provide
directional vibration and the adoptive sensing feedbacks. The heavy-duty
industrial machines perform very smooth and make the operation safe. The
industrial machinery segment had a market share of 13.4% in 2018 and will
likely be growing at a CAGR of 13.2% in the forecast period.
- The
automotive industry is one of the largest contributors to this market.
Incorporating tactile sensors in various alerting systems are highly useful
for the drivers. The market revenue for this segment in 2026 is estimated
to be approximately USD 2.61 Billion, having grown with a rate of 15.4%
during the period 2019 – 2026.
- Using
conductive rubber material helps in measuring the pressure from the external
interactions. The market share is estimated to be about 8.4% by 2026 for
this segment, growing at a CAGR of 13.1% during the forecast period.
- APAC
is forecasted to achieve the fastest growth of about 18.9% throughout the
forecast period, owing to its extensive growth in the consumer electronics
products coupled with global shift of the manufacturing units in the Asia
Pacific counties such as China, India, and Taiwan from the North America
and European regions.
- Europe
would reach a market share of 27.7% by 2026 and would grow at a CAGR of
14.1% in the forecast period. Germany has the highest number of valuable
manufacturers in this region, while U.K. and France are the
fastest-growing markets.
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For the purpose of this report, Reports and Data
have segmented the global tactile sensor market on the basis of the type,
technology, sales type, end-use verticals, and region:
Type Outlook (Revenue: USD Billion;
2018-2028)
- Conductive
Rubber
- Carbon
Sponge
- Pneumatic
Reset
- Micro
Switch
- Carbon
Fiber
- Others
Technology Outlook (Revenue: USD
Billion; 2018-2028)
- Resistive
- Capacitive
- Force/Torque
Sensitive
- Thermal
- Piezoresistive
- Piezoelectric
- Hydraulic
- Magnetic
- Axial
Arrays
Sales Type Outlook (Revenue: USD
Billion; 2018-2028)
- OEM
- Aftermarket
End-Use Verticals Outlook (Revenue: USD
Billion; 2018-2028)
- Robotics
- Automotive
- Aerospace
& Marine
- Consumer
Electronics
- Healthcare
Equipment
- Industrial
Machinery
- Media
& Entertainment
- Others
Regional Outlook (Revenue: USD Billion;
2018-2028)
- North
America
- U.S.
- Europe
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- MEA
- Latin
America
- Brazil
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Identifying the basic business
drivers, challenges, and tactics adopted:
·
The report
provides intrinsic details and fluctuating aspects that influence the
commercial dynamics of the Tactile Sensor market along with integral factors of
the rise in the demand for the product have been mapped across vital
geographical regions.
·
An overview of
the multifarious applications, business areas and the latest trends observed in
the industry has been laid out by this study.
·
Various
challenges overlooking the business and the numerous strategies employed by the
industry players for successful marketing of the product have also been
illustrated.
·
The research
inspects the sales channels (indirect, direct, marketing) that companies have
chosen for the primary product distributors and the superior clientele of the
market.
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region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
