Haptic Interface Market 2020 – Market Trends and Forecast to 2027 | Impact of COVID-19

Market Research Future published a research report on “Haptic Interface Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Overview:

The global review of the haptic interfaces market includes a proper study of various factors that can provide a tailwind to ensure a rise up to USD 18 billion by 2023 at a CAGR of 16% during the forecast period of 2018 to 2023. Market Research Future (MRFR) tries to trace changes in the market to get a hold of trends that are impacting market growth. These factors are rising use of the system in the healthcare sector, application of it in the development of gaming consoles, the inclusion of it in the automotive industry, rising expenditure to assist its percolation in the defense sector, and others.

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Segmentation:

The global study of the Haptic Interface Market, as discussed by MRFR analysts, includes three segments; technology, operating systems platform, and application. These segments and their information are expected to inspire strategic changes in the market.

By technology, the global haptic interface market has been sub-segmented into tactile feedback and force feedback.

By operating systems platform, the review of the market includes a study of Windows, mobile operating systems, and others.

By application, the haptic interface market review includes segments like manufacturing industries, gaming console, medical and healthcare, military defense, automotive, consumer electronics, and others.

Regional Analysis:

Infrastructural backing and investment scope are supporting the growth of the North American market for haptic interfaces. In Europe, research facilities are getting thrusts from government initiatives.

Competitive Landscape:

Haption SA (France), AAC Technologies Holdings Inc. (China), Apple Inc. (US), Google LLC (US), Nuance Communications (US), Ultrahaptics Ltd. (UK), Novasentis Inc. (US), Immersion Corporation (US), 3D Systems (US), Qualcomm Technologies, Inc (US), and others are names inspiring growth in the haptic interface market by implementing strategic tools that not just cement their own market position but help the market to progress. 

Industry News:

Recently, researchers came up with a new tool, designed with the help of haptic technology, for firefighters. An interdisciplinary research team from Carnegie Mellon University (CMU) is working on developing haptic interfaces as alternative communication channels for firefighters. This system allows communication with a computer through their body movements. These researchers have modified a firefighter's helmet by including haptic actuators, a control box that comes with a radio module, and other important devices to empower firefighters with real-time information. They are calling the prototype "Haptic Helmet." This helmet is expected to communicate with firefighters by sending a buzz to different sides of the head to inform about movement. The helmet will receive these signals from an RF remote controller.

In July 2020, Actronika announced the launch of its new product Skinetic, a haptic effects engine providing developers that come with a new type of designing and touch interfaces. The system incorporates diverse types of haptic interfaces to deliver amazing tactile experiences for any mainstream game engine. This desktop app will allow gamers to have a simple, deep, effective tool irrespective of the level of the knowledge of the haptics. Actronika is influencing the ecosystem of High Definition Haptic products that shows up to 95% of tactile fidelity with its hardware through unique VR Vests, VR gamepads, and smartphones. The company has launched the product in such a way that it would perform well with most of the up-to-grade hardware.

The haptic interface market is slated to gain significantly from its ability to introduce telemanipulation as a method. This new technology would help various sectors like the healthcare industry and the COVID-19 crisis is inspiring this change a lot. 

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