Tactile Sensors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Tactile sensor is an appliance known for measuring information developing from mechanical & physical interaction with environment. This type of sensor includes broad range of touch sensitive sites where it the sensors have a potential to measure more than one holding. This sensor systems are integrated into with machines, assistance systems, and robots in manufacturing, medical, healthcare, and household sectors with pressure sensitive surfaces.
MARKET DYNAMICS
The factors attributing toward the growth of the market includes rising investment in aerospace, oil & gas, consumer electronics, automotive, and other industrial sector is positively impacting the growth of tractile sensors. Integration of same sensor is gaining adoption in automotive applications which is also driving the demand for the market. In the era of continuous technological developments, sensors are now getting embedded into advanced & latest consumer device & medical device products in the market. This factor is projected to provide ample of growth opportunities to the players operating in the tactile sensors market.
MARKET SCOPE
The "Global Tactile Sensors Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tactile sensors market with detailed market segmentation
MARKET SEGMENTATION
IMPACT OF COVID-19 ON TACTILE SENSORS MARKET
The outbreak of the COVID-19 has negatively impacted the growth of tactile sensors market. The pandemic has caused huge impact on tactile sensors, due to closure of manufacturing plants and halt in manufacturing activities in different corners of the world. With closure of industrial sector, the supply of raw materials & components used in the tactile sensors manufacturing got disturbed and so its producrement in industries.
On the contrary, with business getting resumed, industrial business is picking up its pace gradually and is coming back to business once again. This factor will help in balancing out the impact of COVID-19 on tactile sensor market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tactile sensors market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SAM). The tactile sensors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tactile sensors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the tactile sensors in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tactile sensors market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SAM). The tactile sensors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tactile sensors market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the tactile sensors in these regions.
MARKET PLAYERS
The reports cover key developments in the tactile sensors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tactile sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for tactile sensors in the global market. Below mentioned is the list of few companies engaged in the tactile sensors market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tactile sensors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Airmar Technology Corporation
- Barrett Technology
- Cirque Corporation
- Pressure Profile Systems
- Romheld
- Synaptics Incorporated
- Tekscan Inc.
- Touch International Inc
- Tacterion GmbH
- Weiss Robotics
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Tactile Sensors Market - By Type
1.3.2 Tactile Sensors Market - By Industry
1.3.3 Tactile Sensors Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TACTILE SENSORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. TACTILE SENSORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TACTILE SENSORS MARKET - GLOBAL MARKET ANALYSIS
6.1. TACTILE SENSORS - GLOBAL MARKET OVERVIEW
6.2. TACTILE SENSORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TACTILE SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. RESISTIVE
7.3.1. Overview
7.3.2. Resistive Market Forecast and Analysis
7.4. CAPACITIVE
7.4.1. Overview
7.4.2. Capacitive Market Forecast and Analysis
7.5. AXIAL ARRAYS
7.5.1. Overview
7.5.2. Axial Arrays Market Forecast and Analysis
7.6. THERMAL
7.6.1. Overview
7.6.2. Thermal Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. TACTILE SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. AEROSPACE
8.4.1. Overview
8.4.2. Aerospace Market Forecast and Analysis
8.5. CONSUMER ELECTRONIC
8.5.1. Overview
8.5.2. Consumer Electronic Market Forecast and Analysis
8.6. INDUSTRIAL
8.6.1. Overview
8.6.2. Industrial Market Forecast and Analysis
8.7. OIL AND GAS
8.7.1. Overview
8.7.2. Oil and Gas Market Forecast and Analysis
8.8. MEDICAL
8.8.1. Overview
8.8.2. Medical Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. TACTILE SENSORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Tactile Sensors Market Overview
9.1.2 North America Tactile Sensors Market Forecasts and Analysis
9.1.3 North America Tactile Sensors Market Forecasts and Analysis - By Type
9.1.4 North America Tactile Sensors Market Forecasts and Analysis - By Industry
9.1.5 North America Tactile Sensors Market Forecasts and Analysis - By Countries
9.1.5.1 United States Tactile Sensors Market
9.1.5.1.1 United States Tactile Sensors Market by Type
9.1.5.1.2 United States Tactile Sensors Market by Industry
9.1.5.2 Canada Tactile Sensors Market
9.1.5.2.1 Canada Tactile Sensors Market by Type
9.1.5.2.2 Canada Tactile Sensors Market by Industry
9.1.5.3 Mexico Tactile Sensors Market
9.1.5.3.1 Mexico Tactile Sensors Market by Type
9.1.5.3.2 Mexico Tactile Sensors Market by Industry
9.2. EUROPE
9.2.1 Europe Tactile Sensors Market Overview
9.2.2 Europe Tactile Sensors Market Forecasts and Analysis
9.2.3 Europe Tactile Sensors Market Forecasts and Analysis - By Type
9.2.4 Europe Tactile Sensors Market Forecasts and Analysis - By Industry
9.2.5 Europe Tactile Sensors Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Tactile Sensors Market
9.2.5.1.1 Germany Tactile Sensors Market by Type
9.2.5.1.2 Germany Tactile Sensors Market by Industry
9.2.5.2 France Tactile Sensors Market
9.2.5.2.1 France Tactile Sensors Market by Type
9.2.5.2.2 France Tactile Sensors Market by Industry
9.2.5.3 Italy Tactile Sensors Market
9.2.5.3.1 Italy Tactile Sensors Market by Type
9.2.5.3.2 Italy Tactile Sensors Market by Industry
9.2.5.4 United Kingdom Tactile Sensors Market
9.2.5.4.1 United Kingdom Tactile Sensors Market by Type
9.2.5.4.2 United Kingdom Tactile Sensors Market by Industry
9.2.5.5 Russia Tactile Sensors Market
9.2.5.5.1 Russia Tactile Sensors Market by Type
9.2.5.5.2 Russia Tactile Sensors Market by Industry
9.2.5.6 Rest of Europe Tactile Sensors Market
9.2.5.6.1 Rest of Europe Tactile Sensors Market by Type
9.2.5.6.2 Rest of Europe Tactile Sensors Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Tactile Sensors Market Overview
9.3.2 Asia-Pacific Tactile Sensors Market Forecasts and Analysis
9.3.3 Asia-Pacific Tactile Sensors Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Tactile Sensors Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Tactile Sensors Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Tactile Sensors Market
9.3.5.1.1 Australia Tactile Sensors Market by Type
9.3.5.1.2 Australia Tactile Sensors Market by Industry
9.3.5.2 China Tactile Sensors Market
9.3.5.2.1 China Tactile Sensors Market by Type
9.3.5.2.2 China Tactile Sensors Market by Industry
9.3.5.3 India Tactile Sensors Market
9.3.5.3.1 India Tactile Sensors Market by Type
9.3.5.3.2 India Tactile Sensors Market by Industry
9.3.5.4 Japan Tactile Sensors Market
9.3.5.4.1 Japan Tactile Sensors Market by Type
9.3.5.4.2 Japan Tactile Sensors Market by Industry
9.3.5.5 South Korea Tactile Sensors Market
9.3.5.5.1 South Korea Tactile Sensors Market by Type
9.3.5.5.2 South Korea Tactile Sensors Market by Industry
9.3.5.6 Rest of Asia-Pacific Tactile Sensors Market
9.3.5.6.1 Rest of Asia-Pacific Tactile Sensors Market by Type
9.3.5.6.2 Rest of Asia-Pacific Tactile Sensors Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Tactile Sensors Market Overview
9.4.2 Middle East and Africa Tactile Sensors Market Forecasts and Analysis
9.4.3 Middle East and Africa Tactile Sensors Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Tactile Sensors Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Tactile Sensors Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Tactile Sensors Market
9.4.5.1.1 South Africa Tactile Sensors Market by Type
9.4.5.1.2 South Africa Tactile Sensors Market by Industry
9.4.5.2 Saudi Arabia Tactile Sensors Market
9.4.5.2.1 Saudi Arabia Tactile Sensors Market by Type
9.4.5.2.2 Saudi Arabia Tactile Sensors Market by Industry
9.4.5.3 U.A.E Tactile Sensors Market
9.4.5.3.1 U.A.E Tactile Sensors Market by Type
9.4.5.3.2 U.A.E Tactile Sensors Market by Industry
9.4.5.4 Rest of Middle East and Africa Tactile Sensors Market
9.4.5.4.1 Rest of Middle East and Africa Tactile Sensors Market by Type
9.4.5.4.2 Rest of Middle East and Africa Tactile Sensors Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Tactile Sensors Market Overview
9.5.2 South and Central America Tactile Sensors Market Forecasts and Analysis
9.5.3 South and Central America Tactile Sensors Market Forecasts and Analysis - By Type
9.5.4 South and Central America Tactile Sensors Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Tactile Sensors Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Tactile Sensors Market
9.5.5.1.1 Brazil Tactile Sensors Market by Type
9.5.5.1.2 Brazil Tactile Sensors Market by Industry
9.5.5.2 Argentina Tactile Sensors Market
9.5.5.2.1 Argentina Tactile Sensors Market by Type
9.5.5.2.2 Argentina Tactile Sensors Market by Industry
9.5.5.3 Rest of South and Central America Tactile Sensors Market
9.5.5.3.1 Rest of South and Central America Tactile Sensors Market by Type
9.5.5.3.2 Rest of South and Central America Tactile Sensors Market by Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TACTILE SENSORS MARKET, KEY COMPANY PROFILES
11.1. AIRMAR TECHNOLOGY CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BARRETT TECHNOLOGY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CIRQUE CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. PRESSURE PROFILE SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ROMHELD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SYNAPTICS INCORPORATED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TEKSCAN INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TOUCH INTERNATIONAL INC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TACTERION GMBH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WEISS ROBOTICS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Airmar Technology Corporation
2.Barrett Technology
3.Cirque Corporation
4.Pressure Profile Systems
5.Romheld
6.Synaptics Incorporated
7.Tekscan Inc.
8.Touch International Inc
9.Tacterion GmbH
10.Weiss Robotics
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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