Top 13 Haptic Technology Companies in the World

The global haptic technology market size reached US$ 10.2 Billion in 2023. As per the analysis by IMARC Group, the top companies in the haptic technology industry are focusing on continuous product innovations to introduce new form factors, improve performance, and expand the range of haptic effects and sensations. Along with this, the recent development of advanced haptic actuators and feedback mechanisms that enable users to experience realistic sensations, finer textures, vibrations, and even complex shapes is providing an impetus to the market growth. Furthermore, several key players are developing tailored haptic solutions for specific applications across automotive, gaming, consumer electronics, and industrial automation, which aids in increasing their market penetration, improving profitability, and building brand loyalty. Apart from this, the introduction of wearable haptic devices that provides haptic feedback across the body to enhance virtual reality (VR) experiences, gaming activities, and training simulations is positively influencing the market growth. Besides this, several companies are focused on expanding their distribution networks to reach a wide customer base and ensure their products are available in key markets globally. Additionally, the utilization of haptic technology in the healthcare industry to enable robot-assisted surgeries, improve telemedicine delivery, aid in motor skill rehabilitation, assist in pain management, and improve patient outcomes is contributing to the market growth. Moreover, aggressive marketing and promotion campaigns by manufacturers through social media, product demonstrations, and educational initiatives are supporting the market growth. Other factors, including the growing demand for enhanced user experience, extensive research and development (R&D) activities, and the rapid proliferation of smartphones, tablets, and gaming devices, are anticipated to the drive market growth. Looking forward, IMARC Group expects the market value to reach US$ 25.4 Billion by 2032, exhibiting a growth rate (CAGR) of 10.5% during 2024-2032.

Learn about opportunities, challenges, and trends in the global Haptic Technology market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Haptic Technology Industry Worldwide:

The global haptic technology market has several major players including 3d Systems Corporation, Haption, Immersion Corporation, Johnson Electric Holdings Limited, Microchip Technology Inc., ON Semiconductor Corporation, Precision Microdrives Ltd., Senseg Oy (O-film Global HK Trading Limited), SMK Corporation, Synaptics Incorporated, Tactus Technology Inc., Texas Instruments Incorporated and Ultraleap Holdings Ltd. More information about these companies has been provided below. 

1. 3d Systems Corporation

3d Systems Corporation is an international company specializing in additive manufacturing technologies and solutions. The company also produces touch haptic devices for research and development (R&D), three-dimensional (3D) modeling, and original equipment manufacturer (OEM) applications. Furthermore, 3d Systems Corporation works closely with customers from the aerospace, automotive, healthcare, dental, and education industries. It has also partnered with several companies and organizations to expand research in 3D printing, increase its product offerings, and strengthen its market presence.

2. Haption

Haption is a multinational corporation that designs and develops haptic devices and solutions for customers across the globe. Its product lineup includes force-feedback systems, haptic arms, exoskeletons, desktop haptic devices, and haptic rendering software. Furthermore, the company also offers customized haptic solutions and services to its clients for their specific requirements, which ensures seamless integration with existing systems and applications. Moreover, Haption is heavily investing in research and development (R&D) projects to expand its portfolio, enter emerging markets, and meet rising user demands.

3. Immersion Corporation

Immersion Corporation is an American technology company that develops and license software, hardware, and intellectual property. Its portfolio comprises touch sense haptic technology, haptic integration solutions, and haptic content creation tools. Apart from this, the company also provides consulting and designing services to help customers identify the best ways to integrate haptic feedback into their products. Furthermore, it has partnered with leading automotive manufacturers and gaming companies to develop advanced products, increase sales, and strengthen its market presence.

4. Johnson Electric Holdings Limited

Johnson Electric Holdings Limited is an international designer, manufacturer, and distributor of motion subsystems and components for automotive, industrial, and consumer products. Its portfolio comprises motors, gears, sensors, controls, actuators, and electromagnetic clutches. The company is significantly investing in research and development (R&D) works to expand its product offerings and meet rising consumer demands. Furthermore, it is collaborating with major automotive manufacturers and suppliers to provide customized solutions for their portfolio and strengthen its market presence.

5. Microchip Technology Inc.

Microchip Technology Inc. is a multinational semiconductor company that designs and manufactures microcontrollers, memory solutions, wireless products, and analog integrated circuits. The company is known for its user-friendly development tools and a comprehensive product portfolio that enables customers to create optimal designs. Furthermore, it is committed to technological innovation in the semiconductor industry and has developed several patented technologies to meet rising consumer demand and expand its product portfolio. Moreover, Microchip Technology Inc. is collaborating with several industry leaders and organizations to strengthen its market presence and gain advantages over its competitors.

6. ON Semiconductor Corporation

ON Semiconductor Corporation is an American company that provides intelligent sensing and power solutions. Its product lineup includes converters, voltage regulators, LED drivers, power switches, amplifiers, data converters, audio and video products, and wireless connectivity solutions. The company works closely with customers from the automotive, industrial, communication, computing, consumer electronics, aerospace, and defense industries. Furthermore, ON Semiconductor Corporation is focused on developing energy-efficient solutions to attract new customers and gain advantages over its competitors.

7. Precision Microdrives Ltd.

Precision Microdrives Ltd. is an international enterprise specializing in the design and manufacture of miniature and sub-miniature vibration motors and precision mechanisms. Its products are extensively used in consumer electronics, automotive, medical devices, robotics, and industrial equipment. Furthermore, the company is focused on product innovations to meet the rising client demands and stay competitive in the market. Moreover, it provides customization services to its customers to meet their specific requirements.

8. Senseg Oy (O-film Global HK Trading Limited)

Senseg Oy (O-film Global HK Trading Limited) is a technology company that specializes in haptic feedback solutions. Its products enable users to feel sensations such as texture, vibration, or even shapes on touch-enabled surfaces. Furthermore, the company is focused on developing innovative technologies to enhance user experience, increase product quality, and meet rising consumer demands. Moreover, it has partnered with leading device manufacturers to integrate its haptic solutions into smartphones, tablets, wearables, and other touch-enabled devices.

9. SMK Corporation

SMK Corporation is a multinational enterprise that designs and manufactures electronic components and solutions. Its product lineup includes connectors, switches, and touch-based user interfaces for devices such as smartphones, tablets, automotive displays, and industrial control panels. The company is heavily investing in establishing new manufacturing plants and production facilities to expand its global footprint, enter emerging markets, and attract a new customer base. Furthermore, it is continuously developing new products to enhance user experience and stay competitive in the market.

10. Synaptics Incorporated

Synaptics Incorporated is an international company specializing in human interface solutions for a variety of devices and applications. Its portfolio includes touchpads, fingerprint sensors, touch controllers, and display drivers. Furthermore, the company is significantly investing in research and development (R&D) works to increase its product offerings, improve its services, and meet evolving consumer demands. Moreover, it has partnered with leading technology companies to design customized products, strengthen market presence, and improve profitability.

11. Tactus Technology Inc.

Tactus Technology Inc. is a venture-backed company specializing in developing tactile user interface technology for touchscreens. It works closely with leading manufacturers of devices, such as mobile phones, computer tablets, digital cameras, gaming consoles, and remote controls. Furthermore, the company is actively engaged in research and development (R&D) works to enhance user experience, improve its product quality, and meet rising consumer demand. Moreover, it has formed several partnerships to expand its global footprint, strengthen its market presence, and gain advantages over its competitors.

12. Texas Instruments Incorporated

Texas Instruments Incorporated is an international semiconductor company that designs and manufactures a broad range of integrated circuits (ICs) and related technologies. Its portfolio is comprised of amplifiers, data converters, power management ICs, embedded processors, graphing calculators, and wireless connectivity solutions. The company works closely with clients across the automotive, consumer electronics, and education industries. Furthermore, it is engaged in collaborative projects with multiple institutions and organizations to develop customer-specific products, strengthen its market presence, and increase sales.

13. Ultraleap Holdings Ltd

Ultraleap Holdings Ltd is a technology company that specializes in hand tracking and mid-air haptic technology. It was formerly known as Ultrahaptics and has merged with Leap Motion to create the new company. Its products are extensively used in virtual reality (VR), augmented reality (AR), automotive, robotics, simulation, and training applications. Furthermore, Ultraleap Holdings Ltd also provides consultation services to assist businesses in integrating touchless hand tracking and haptics into their products and applications.

Get an inside look at the global haptic technology market with exclusive insights, including:

• CAGR projections during the 2023-2028 forecast period.
• In-depth information on the factors that will fuel the haptic technology market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the haptic technology industry's expansion at the global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the haptic technology market.

About Author: