What is Tactile Sensor?
Rising adoption of a tactile sensor in a various application will help to boost global tactile sensor market in the forecasted period. A tactile sensor is a type of device that measures information arising from physical interaction with its environment. Mostly, a tactile sensor consists of an array of touch sensitive sites where it may be capable of measuring more than one holding. It appears in everyday life consisting of elevator buttons and lamps which dim or brighten by touching the base. Tactile sensor systems are involved and equipped into assistance systems, manufacturing, machines, and robots in medical, household sectors, healthcare with pressure sensitive surfaces.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Largest Market | North Amercia |
Unit | Value (USD Million) |
Key Companies Profiled | Piezo Technology, Inc. (United States), Tekscan Inc. (United States), APC International Ltd (United States), AIRMAR Technology Corporation (United States), TRS Technologies Inc (United States), Weiss Robotics GmbH & Co. KG (Germany), Cirque Corporation (United States), Tacterion GmbH (Germany), Synaptics Incorporated (United States) and Touch International Inc. (United States) |
CAGR | 11.78% |
The Global Tactile Sensor market is expected to see growth rate of 11.78% and may see market size of USD17997.7 Million by 2027. The study covers a detailed analysis segmented by key business segments i.e. by type (Resistive, Capacitive, Piezoelectric, Piezoresistive, Inductive, Optoelectric and Others (Magnetic, Ultrasonic, & Others)) , by application (Electronics, Automotive, Aerospace and Consumer Goods) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Tactile Sensor market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Tactile Sensor market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Piezo Technology, Inc. (United States), Tekscan Inc. (United States), APC International Ltd (United States), AIRMAR Technology Corporation (United States), TRS Technologies Inc (United States), Weiss Robotics GmbH & Co. KG (Germany), Cirque Corporation (United States), Tacterion GmbH (Germany), Synaptics Incorporated (United States) and Touch International Inc. (United States).
Market Overview:
On January 7, 2019, the leading developer of human interface solutions , "Synaptics Incorporated" has launched its new AS3xx series which is a comprehensive family of Smart Edge AudioSmart solutions including the world’s first fully integrated SoCs comprising neural network acceleration, a proprietary wake word engine with support for custom wake words, and highly-advanced far-field voice processing.
Market Trend
Introduction to Elastomeric Sensors which are the Sticky Substances used for Fixing the Surface Topography and Increasing Adoption of Robotic Fingertips Equipped with Piezoelectric Sensing Elements
Restraints
- Integration Complexities between the Tactile Sensors and Biomimetic Robots
- Higher Investments in Manufacturing Tactile Sensors
Opportunities
Increasing Applications of Tactile Sensors Social Assistance, Autonomous Systems, and Unstructured Environments
Key highlights of the Global Tactile Sensor market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Tactile Sensor market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Tactile Sensor market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Tactile Sensor Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tactile Sensor market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tactile Sensor market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Tactile Sensor manufacturers, Tactile Sensor Distributors and Traders, Tactile Sensor Upstream Downstream Buyers, Research and Development Institutes, Government Agencies, Electronics & Automotive Industry Associations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.