About 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 | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 11.78% |
The Players having a strong hold in the market are Piezo Technology, Tekscan, APC International, AIRMAR Technology, and TRS Technologies Inc. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Tactile Sensor 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.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Pressure Profile Systems, Inc. (United States) and Barrett Technology (United States).
Segmentation Overview
AMA Research has segmented the market of Global Tactile Sensor market by Type (Resistive, Capacitive, Piezoelectric, Piezoresistive, Inductive, Optoelectric and Others (Magnetic, Ultrasonic, & Others)), Application (Electronics, Automotive, Aerospace and Consumer Goods) and Region.
On the basis of geography, the market of Tactile Sensor 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). North Amercia region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sensor Type, the sub-segment i.e. Force/Torque Sensor will boost the Tactile Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing 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
Market Growth Drivers:
Growing Adoption of Robotics Applications in Healthcare & Agriculture Industries and Rising Awareness and Increasing Safety Concerns with Respect to Tactile Sensors
Challenges:
Stringent Government Regulations related to Highly Automated Sensor Development and Continues Changing Consumer Preferences might Complicate the Business Presence
Restraints:
Integration Complexities between the Tactile Sensors and Biomimetic Robots and Higher Investments in Manufacturing Tactile Sensors
Opportunities:
Increasing Applications of Tactile Sensors Social Assistance, Autonomous Systems, and Unstructured Environments
Market Leaders and their expansionary development strategies
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.
On November 30, 2018, a global leader in ultrasonic sensor technology, "AIRMAR Technology Corporation" has launched an all in one ultrasonic sensor named "150WXRS WeatherStation" which is designed for real-time, site-specific weather information. It also offers reliable performance under extreme conditions. This sensor features the critical component of accurate and reliable measurement of rain intensity, duration as well as estimated rainfall.
Key Target Audience
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
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.