The multinational Tactile Actuator market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
The tiny vibration motors used in mobile terminals, game machines, etc. Small and high efficiency types are provided. The eccentric rotating mass (ERM) motor and linear resonant actuator (LRA) are two of the most common types of haptic feedback actuators used in the market today.
AAC Technologies, Nidec Corporation, MPlus Co.LTD, Jinlong Machinery & Electronics, Bluecom, Johnson Electric and Texas Instruments are major players in the Tactile Actuator in 2017. AAC Technologies dominated with 22.46% revenue share.
On the basis of region, China is the largest market segment of Tactile Actuator, with a consumption market share nearly 83.77% in 2017; Asia region has great market potential in the future.
Tactile Actuator used in industry including Automotive, Medical, Mobile Terminal (Smartphone/Tablet), Home and Wearable. Report data showed that 71.70% of the Tactile Actuator market demand in Mobile Terminal (Smartphone/Tablet) in 2017.
In the global Tactile Actuator market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
AAC Technologies
Nidec Corporation
Mplus
Jinlong Machinery & Electronics
Bluecom
Johnson Electric
Texas Instruments
TDK
Jahwa
PI Ceramic
Precision Microdrives
Novasentis
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
ERM Actuators
LRAS
Others
In market segmentation by applications :
Mobile Terminal
Wearable Device
Automotive
Household Appliances
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Tactile Actuator market for the forecast period 2020 - 2025?
• What are the driving forces in the Tactile Actuator market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Tactile Actuator industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?