Thursday, 13 February 2014

Haptic Technology Market expected to grow up to $51.77 Billion during 2013 - 2018

Haptic technology is the science of applying touch sensation and control to interaction with computer applications in various fields. The word ‘haptic’ has its roots from the Greek word ‘haptein’ meaning ‘to fasten’. So we can say haptics is quite literally the science of touch for making the movements faster in various computer related applications. By using special haptic input/output devices like joysticks, data gloves, etc. users can receive feedback from computer applications in the form of felt sensations in the hand or other parts of the body. Haptics technology in combination with a visual display, can be used for tasks requiring hand-eye coordination, such as surgery and space ship maneuvers. It can also be used for computer games in which you feel as well as see your interactions with images.

According to a market research report by MarketsandMarkets, Haptic technology market for touchscreen is expected to grow at a CAGR of 41% from 2013 to 2018 and reach $51.77 billion in 2018. The motivation behind the growth of Haptic technology is that it has made it possible to investigate how the human sense of touch works by allowing the creation of carefully controlled haptic virtual objects. Therefore these research tools have contributed to the understanding of how touch and its underlying brain functions work.

                                             
                                         Source: http://www.bullethawkracing.com/


According to the report, the commercial applications of the haptic technology are tactile electronic displays, Teleoperators and simulators, video games, PCs, mobiles devices etc. Furthermore, the user experience with the haptics can be enhanced by providing iproved visibility, enhanced realism and restoration of mechanical feel.

The major driving factors for the haptic touchscreens market are the growth of the Smartphones and virtual interfaces. In the report, different touchscreens technologies are discussed like capacitive touchscreens, resistive touchscreens, surface acoustic wave (SAW) touchscreens, optical imaging touchscreens, and others. Haptic technology is increasing in use for capacitive touchscreens. Haptic technology in touchscreens is based on two different types of sensing systems, namely Kinesthetic and tactile. Different types of actuators, electronic systems, and the softwares required for a haptic system are also discussed in the report.

Geographical split for every application is included in the report as the market share of different applications of haptic touchscreens varies from one region to another. This report describes the overall market into four major geographical segments, namely, North America, Europe, APAC, and ROW. APAC is the market leader in the overall haptic touchscreens market; followed by North America and Europe. In ROW, the Middle East, and Africa are the largest contributors.

The report can be referred here:

http://www.prnewswire.com/news-releases/haptic-technology-market-worth-5177-billion-by-2018-203171971.html

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