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ERM and LRA Tactile Actuator Market Development Strategy Report 2024: Expanding Reach and Impact

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.
Published 09 May 2024


    Haptics, by the definition of itself, refers to the haptic sense of the touch and is an advanced technology that adds the tactile feedback right to the electronic devices through the use of vibrations. This touch-based technology has become more and more popular in handheld, portable and touch-screen enabled to the consumer, industrial and automotive electronic devices. The vibrations produced to provide a new, deeply enhanced user experience.

    The global market for ERM and LRA Tactile Actuator was estimated to be worth US$ 5052.3 million in 2023 and is forecast to a readjusted size of US$ 7585.1 million by 2030 with a CAGR of 6.8% during the forecast period 2024-2030

    Market Drivers

    Growing Demand in Consumer Electronics: Haptic actuators are widely used in consumer electronic devices like smartphones, tablets, gaming controllers, wearable devices, and VR/AR headsets to provide tactile feedback and enhance user experiences.

    Adoption in Automotive Industry: The automotive sector has been incorporating haptic feedback systems in infotainment systems, touchscreens, and steering wheels to improve driver interaction and reduce distractions, contributing to enhanced safety and user satisfaction.

    Virtual Reality and Augmented Reality: The increasing popularity of VR and AR applications in gaming, training, and other fields has driven the demand for haptic actuators to provide realistic touch sensations and enhance immersion.

    Medical and Healthcare Applications: Haptic actuators are used in medical simulators, surgical training tools, and robotic-assisted surgery systems to offer realistic tactile feedback to healthcare professionals and trainees.

    Gaming and Entertainment: In the gaming industry, haptic actuators are utilized in controllers and peripherals to create immersive and responsive gaming experiences.

    Adoption in Industrial Applications: Haptic actuators find applications in industrial equipment and control panels to provide tactile feedback and improve the operator's understanding of complex machinery and processes.

    Touchscreen Devices and User Interfaces: Haptic actuators are integrated into touchscreens to provide users with haptic feedback, simulating physical button presses and improving touchscreen interactions.

    Wearable Devices and Smartwatches: The rise in wearable technology has led to the use of haptic actuators to provide subtle notifications and alerts to users without relying solely on visual or auditory cues.

    Accessibility and Inclusive Design: Haptic actuators play a vital role in creating accessible interfaces for individuals with visual impairments, enabling them to perceive and interact with digital content through touch.

    Advancements in Haptic Technology: Continuous advancements in haptic technology have led to more sophisticated and efficient haptic actuators, broadening their applications and driving market growth.

    Integration with Internet of Things (IoT): Haptic actuators are being integrated into IoT devices to provide tactile feedback and haptic notifications, enhancing the overall user experience.

    Wearable Health and Fitness Devices: The adoption of haptic actuators in health and fitness wearables allows for real-time feedback on biometric data, encouraging users to stay active and maintain healthy habits.

2024 Market Report by QYResearch “ERM and LRA Tactile Actuator - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030” provides an extensive examination of ERM and LRA Tactile Actuator market attributes, size assessments, and growth projections through segmentation, regional analyses, and country-specific insights, alongside a scrutiny of the competitive landscape, player market shares, and essential business strategies. This inquiry delivers a thorough perspective with valuable insights, accentuating noteworthy outcomes in the industry. These insights empower corporate leaders to formulate improved business strategies and make more astute decisions, ultimately enhancing profitability. Furthermore, the study assists private or venture participants in gaining a deep understanding of businesses, enabling them to make well-informed choices.

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https://www.qyresearch.com/reports/2337401/erm-and-lra-tactile-actuator

 

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The ERM and LRA Tactile Actuator market is segmented as below:

By Company

    AAC Technologies

    Nidec Corporation

    Mplus

    Jinlong Machinery & Electronics

    Bluecom

    Johnson Electric

    Texas Instruments

    TDK

    Jahwa

    PI Ceramic

    Precision Microdrives

    Novasentis

Segment by Type

    Eccentric Rotating Mass (ERM) Actuators

    Linear Resonant Actuators (LRAS)

Segment by Application

    Mobile Terminal (Smartphone/Tablet)

    Wearable Device

    Automotive

    Household Appliances

    Others

 

The ERM and LRA Tactile Actuator Market Size and Industry Challenges :

The research provides specific information on market share for the industry and ERM and LRA Tactile Actuator issues.

By examining the market size, businesses may be better equipped to understand the overall development and decrease of the ERM and LRA Tactile Actuator.

Using a range of findings, the ERM and LRA Tactile Actuator Market Research analyses industry challenges.

The final draught describes the broad issues the sector is facing as well as the impacted businesses.

The global ERM and LRA Tactile Actuator market is divided into categories based on type, region, and application.

Reasons to Purchase the ERM and LRA Tactile Actuator Market Report :

It aids start-up businesses in locating new customers while preventing failure.

With the aid of this study, you will be able to contrast each company in the sector and have a thorough understanding of the ERM and LRA Tactile Actuator Market.

Makes it simpler to make informed business decisions by taking into account all of the data shown in the report.

Table of Contents

1 ERM and LRA Tactile Actuator Market Overview

1.1 ERM and LRA Tactile Actuator Product Overview

1.2 ERM and LRA Tactile Actuator Market by Type

1.3 Global ERM and LRA Tactile Actuator Market Size by Type

1.3.1 Global ERM and LRA Tactile Actuator Market Size Overview by Type (2019-2030)

1.3.2 Global ERM and LRA Tactile Actuator Historic Market Size Review by Type (2019-2024)

1.3.3 Global ERM and LRA Tactile Actuator Forecasted Market Size by Type (2025-2030)

1.4 Key Regions Market Size by Type

1.4.1 North America ERM and LRA Tactile Actuator Sales Breakdown by Type (2019-2024)

1.4.2 Europe ERM and LRA Tactile Actuator Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific ERM and LRA Tactile Actuator Sales Breakdown by Type (2019-2024)

1.4.4 Latin America ERM and LRA Tactile Actuator Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa ERM and LRA Tactile Actuator Sales Breakdown by Type (2019-2024)

2 ERM and LRA Tactile Actuator Market Competition by Company

2.1 Global Top Players by ERM and LRA Tactile Actuator Sales (2019-2024)

2.2 Global Top Players by ERM and LRA Tactile Actuator Revenue (2019-2024)

2.3 Global Top Players by ERM and LRA Tactile Actuator Price (2019-2024)

2.4 Global Top Manufacturers ERM and LRA Tactile Actuator Manufacturing Base Distribution and Headquarters

2.5 ERM and LRA Tactile Actuator Market Competitive Situation and Trends

2.5.1 ERM and LRA Tactile Actuator Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by ERM and LRA Tactile Actuator Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in ERM and LRA Tactile Actuator as of 2023)

2.7 Date of Key Manufacturers Enter into ERM and LRA Tactile Actuator Market

2.8 Key Manufacturers ERM and LRA Tactile Actuator Product Offered

2.9 Mergers & Acquisitions, Expansion

3 ERM and LRA Tactile Actuator Status and Outlook by Region

3.1 Global ERM and LRA Tactile Actuator Market Size and CAGR by Region: 2019 VS 2023 VS 2030

3.2 Global ERM and LRA Tactile Actuator Historic Market Size by Region

3.2.1 Global ERM and LRA Tactile Actuator Sales in Volume by Region (2019-2024)

3.2.2 Global ERM and LRA Tactile Actuator Sales in Value by Region (2019-2024)

3.2.3 Global ERM and LRA Tactile Actuator Sales (Volume & Value), Price and Gross Margin (2019-2024)

3.3 Global ERM and LRA Tactile Actuator Forecasted Market Size by Region

3.3.1 Global ERM and LRA Tactile Actuator Sales in Volume by Region (2025-2030)

3.3.2 Global ERM and LRA Tactile Actuator Sales in Value by Region (2025-2030)

3.3.3 Global ERM and LRA Tactile Actuator Sales (Volume & Value), Price and Gross Margin (2025-2030)

...

Each chapter of the report provides detailed information for readers to further understand the ERM and LRA Tactile Actuator market:

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of ERM and LRA Tactile Actuator manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of ERM and LRA Tactile Actuator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

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