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More Information @ https://bit.ly/36GONwb <br>the ongoing COVID-19 health crisis may damper overall haptic technology market growth in 2020 as the global economy takes a huge dip due to government-enforced lockdowns. Various countries have restrained consumer movement and temporarily shut down major distribution and manufacturing facilities to curb the spread of COVID-19. <br>
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Haptic Technology Market: Experts Anticipate Market Boom in 2026
Industry Overview • Accordingly, to Global Market Insights research report The haptic technology market is estimated to garner remarkable growth on account of proliferating use of self-service kiosks with enhanced haptic feedback and 3D touchscreens. Numerous kiosk manufacturers have begun to integrate 3D and haptic technology in their products to offer improved visualization of objects. • Rising adoption of haptic technology in the automobile sector could play a crucial role in boosting product penetration. Automakers are driving heavy demand for 3D touchscreen displays that improve driver communication. This has compelled manufacturers to develop haptic solutions specific for automotive applications. Considering these aspects, Global Market Insights, Inc., forecasts that the haptic technology market might surpass USD 10 billion by 2026. • However, the ongoing COVID-19 health crisis may damper overall haptic technology market growth in 2020 as the global economy takes a huge dip due to government-enforced lockdowns. Various countries have restrained consumer movement and temporarily shut down major distribution and manufacturing facilities to curb the spread of COVID-19.
Continue… • Analysts predict that this could affect the sales of automobiles, gaming equipment, and consumer electronics, in turn disrupting haptic technology Market growth. But the market is projected to see steady growth from 2021 as the effects of the pandemic lessen. • In terms of application, haptic technology is mainly used in gaming, consumer electronics, robotics, healthcare, and automotive sectors. Over the years, robots has managed to make its presence in industrial automation, healthcare, and manufacturing sectors. Rapid expansion in the robotic industry could fuel the demand for haptic technology. Haptic solutions offer accurate control over robots for improved precision in surgical and sensitive manufacturing applications. • Virtual reality (VR) has taken the gaming industry by a storm. VR haptics technology comes as an exciting piece of offering that provides an extra dimension to the VR world. The technology enables users to feel the virtual environment through the sense of touch along with the aural and visual perception.
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Growth Drivers • Increasing penetration of smartphones across the globe • Rising use of haptic technology in medical and robotics industry
Continue… • Companies operating in the haptic technology Market are 3D Systems, Inc., Aito B.V., Force Dimension, Haption S.A., Haptx Inc., Immersion Corporation, ON Semiconductor, SENSEG OY, Texas Instruments, Ultraleap
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