About Tactile Transducer
A tactile transducer is defined as the device has low bass frequencies can be felt as well as heard. It is also known as a bass shaker. There are numerous advantages of using tactile transducer such as easy to install, Full-range exciter, low-frequency bass shaker, among others. It provides depth and realism to movie effects and music in the physical way only a bass shaker can deliver. Increasing usage of the tactile transducer in various application such as a mobile terminal, wearable device, automotive, household appliances, among others are likely to be major driver for market growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 12.51% |
The tactile transducer market appears to be highly fragmented and with the presence of several companies including AAC Technologies Holdings Inc. (Hong Kong), Nidec Corporation (Japan), Mplus Technology Co., Ltd. (South Korea), Jinlong Machinery & Electronic Co., Ltd. (China), Mplus Technology Co., Ltd. (Taiwan), among others. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Tactile Transducer market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AAC Technologies Holdings Inc. (Hong Kong), Nidec Corporation (Japan), Mplus Technology Co., Ltd. (South Korea), Jinlong Machinery & Electronic Co., Ltd. (China), Mplus Technology Co., Ltd. (Taiwan), Clark Synthesis (United States), Jinlong Machinery & Electronics Co Ltd (China), Texas Instruments Incorporated (United States), TDK Corporation (Japan) and Shanghai Jahwa United (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are PI Ceramic (Germany), Precision Microdrives Ltd (United Kingdom) and Novasentis, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Tactile Transducer market by Type (Eccentric Rotating Mass (ERM) Actuators, Linear Resonant Actuators (LRAS) and Others), Application (Mobile Terminal (Smartphone/Tablet), Wearable Device, Automotive, Household Appliances and Others) and Region.
On the basis of geography, the market of Tactile Transducer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Handling (RMS), the sub-segment i.e. 0-20 Watts will boost the Tactile Transducer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Customized Tactile Transducer and Increasing Number of Customer from Online Channel
Market Growth Drivers:
Increasing Usage of Tactile Transducer in Numerous Application and Rising Demand for Wearable Device and Household Application
Challenges:
Lack of Product Awareness in some Developing Countries
Restraints:
Issue related to some High Prices of Tactile Transducer product
Opportunities:
Growing Demand from Emerging Market such as China, India, Brazil, among others
Market Leaders and their expansionary development strategies
In December 2023, AAC Technologies announced a strategic partnership with UltraSense Systems to explore the company's SmartSurface tactile interfaces to create holistic touch experience solutions for automotive and consumer electronics markets.
In May 2023, TECNO launched its new CAMON 20 Series, bringing spectacular portrait video and night portrait photography experience with the industry first CAMON PUZZLE deconstructionist design to its forward-looking users.
Key Target Audience
Tactile Transducer Manufacturers Company, Wholesalers, Distributors and Retailers of Tactile Transducer, Research and Development (R&D) Companies, Research Organization and Federal Agencies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.