Global Tactile Sensor Market Size By Type (Capacitive Tactile Sensor, Resistive Tactile Sensor, Piezoelectric Tactile Sensor), By End-User (Automotive, BFSI, Consumer Electronics, Healthcare), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Tactile Sensor Market Size And Forecast

Tactile Sensor Market size was valued at USD 15.33 Billion in 2024 and is projected to reach USD 35.59 Billion by 2031, growing at a CAGR of 11.10% during the forecast period 2024-2031.

More money in people's pockets means they're living better, and that's driving up demand for portable AC units! This, in turn, is helping the Tactile Sensor Market grow. Plus, with more and more people moving to cities, we're seeing a bigger need for these sensors in places like office buildings and big stores. That's another big reason why the Global Tactile Sensor Market is expanding. If you want the full story, the Global Tactile Sensor Market report takes a deep dive, looking at all the important parts, trends, what's helping it grow, what's holding it back, who the competition is, and everything else that's making a big difference.

Global Tactile Sensor Market Definition

Imagine a tactile sensor as a way for a machine to "feel" its surroundings. It's designed to mimic our own sense of touch – both how we feel pressure and how we feel the surface itself. Think of it as a device that translates physical contact into data. A tactile sensor gathers information from the world around it when it touches something. These sensors can do anything from simply detecting if something is there, to creating a detailed tactile image. Basically, these sensors have many different touch-sensitive spots, letting them measure multiple aspects of a touch at once, such as force and texture. Learn more about tactile sensors!

They capture the appropriate frameworks with the possibility to distinguish and dimensionally resolve contact and pressing factor conveyances. The rising acquisition of tactile sensors for application in consumer electronics, coupled with enlarging touch panel integration in several electronic devices is an extensive factor expected to drive market growth. These electronic devices include laptops, ATM machines, automated doors, smartphones, tablets, automatic electronic devices, elevators, and smart TVs, among others.

Moreover, the rising number of modern-latest technological advancements and the latest trends in the production of smart devices such as pressure sensitivity, light sensitivity, voice sensitivity, touch sensitivity, etc., by major players is another factor expected to drive the growth of the global market. Tactile sensors are majorly involved and equipped in assistance systems, healthcare, machines & manufacturing, and robots in medical with pressure-sensitive surfaces. Several unbeatable properties of tactile sensors, for instance, superior sensitivity, higher measurement accuracy, high accuracy, greater durability, and easy operability also accelerate market growth.

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Global Tactile Sensor Market Overview

Hey, guess what's helping the Global Tactile Sensor Market grow? It's that people have more money to spend! Tactile sensors, you know, those things like artificial skin, are getting better at feeling stuff like pressure, heat, and even pain. They're designed to be smart – figuring out what's going on inside and outside, and super sensitive to both light and firm touches. You'll find them popping up in robots, computer gadgets, and even security systems. Plus, they're pretty awesome because they're more accurate, simple to use, more sensitive, and last longer!

Increasing awareness concerning these properties among the end-use industry producers is also supporting market growth. Complicated mass development, high-cost creative work, and concerns with respect to high power utilization are elements that could hamper the selection of tactile sensors and control the development of the global market up to a point. Automobiles, tactical sensors are amalgamated for acquiring useful information such as enhanced driving alerts and informative notifications using adoptive haptic feedback technology. This is another major factor expected to boost market growth to the next extent level.

We're seeing a real surge in the need for these sensors, and it's all thanks to things like your everyday appliances and cool new gadgets. But the real game-changers are emerging technologies like robotics and machine learning – they're poised to really kick the global market into high gear. Think about itTactile sensors are already everywhere, helping us make sure our electronics are working properly. And get thisthey're even being woven into fabrics as "artificial skin"! This creates an interactive link between sensors and robotics, meaning they can monitor our health, get us medicine, and even track our sports performance. As we see more and more of these kinds of robots popping up in the future, expect the demand for tactile sensors to explode, further pushing the growth of the global market.

Global Tactile Sensor Market Segmentation Analysis

The Global Tactile Sensor Market is Segmented on the basis of Type, End-User, and Geography.

Tactile Sensor Market, By Type

  • Capacitive Tactile Sensor
  • Resistive Tactile Sensor
  • Piezoelectric Tactile Sensor
  • Piezoresistive Tactile Sensor
  • Inductive Tactile Sensor
  • Optoelectrical Tactile Sensor
  • Others

Based on Type, the market is segmented into Capacitive Tactile Sensor, Resistive Tactile Sensor, Piezoelectric Tactile Sensor, Piezoresistive Tactile Sensor, Inductive Tactile Sensor, Optoelectrical Tactile Sensor, and Others. The Capacitive Tactile Segment holds a big share in the market. Capacitive sensors consist of a plate capacitor, in which, the distance between plates or the effective area is changed by the applied force by shifting their relative position.

Capacitive sensors can be made very small, which allows for the construction of dense sensor arrays and also allow dynamic measurements. Piezoresistive touch sensors are made of materials whose resistance changes with force-pressure. Resistive sensors typically involve two conductive sheets separated by air, microspheres, insulating fabric, etc. One of the sheets carries a voltage gradient generated by applying a reference voltage and ground on its two opposite ends.

Tactile Sensor Market, By End-User

  • Automotive
  • BFSI
  • Consumer Electronics
  • Healthcare
  • Retail
  • Others

Based on End-User, the market is segmented into Automotive, BFSI, Consumer Electronics, Healthcare, Retail, and Others. Tactile sensors are majorly used in automotive, machines, robots in medical care, consumer electronics, telecom, aviation, oil and gas, and other businesses. Tactile sensors are basically utilized in consumer electronics applications, because of the rising integration of touch boards across different hardware applications, for example, cell phones, workstations, tablets, ATM machines, office equipment, programmed electronic gadgets, mechanized entryways, electronic security frameworks, lifts, lights, shrewd TVs, and so forth, which are expected to drive the fast development of material sensors.

Tactile Sensor Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of The World

On the basis of Geography, the Global Tactile Sensor Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific is the leading and largest market in the globe in terms of revenue and volume. Also, high R&D investments in the sector by the various big companies increase the opportunity for the Asia Pacific region.

Key Players

The “Global Tactile Sensor Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are SynTouch, Sensor Products Inc., Romheld, Barrett Technology, Cirque Corporation, Tekscan Inc., X-Sensors, Annon Piezo Technology, Weiss Robotics, Tacterion GmbH, Synaptics Incorporated, Airmar Technology Corporation, TRS Technologies Inc., Touch International Inc., among others. The Tactile Sensor Market is mainly driven by new product launches and innovations. Companies like X-Sensor, Weiss Robotics, and others are hugely investing in R&D and developing new and innovative products.

Key Developments

  • In January 2022, Synaptics Incorporated announced that its Katana platform drives AI-enhanced voice processing.
  • In December 2021, Synaptics Incorporated announced that it has completed the acquisition of DSP Group, a leading global provider of voice processing and wireless chipset solutions, for an aggregate purchase price of approximately USD 549 million.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

SynTouch, Sensor Products Inc., Romheld, Barrett Technology, Cirque Corporation, Tekscan Inc., X-Sensors, Annon Piezo Technology, Weiss Robotics, Tacterion GmbH.

Segments Covered
  • By Type
  • By End-User
  • By Geography
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