25-Jul-2024
The rising adoption of tactile sensor in healthcare sector is driving the Africa tactile sensor market growth during the forecast period.
The Africa Tactile Sensor Market size was valued at USD 71.7 million in 2023 and is predicted to reach USD 106.4 million by 2030, with a CAGR of 4.9% from 2024 to 2030. In terms of volume the market size was 28 million units in 2023 and is projected to reach 52 million units in 2030, with a CAGR of 8.2% from 2024 to 2030, according to new research by Next Move Strategy Consulting.
Advancements in wearable technology are increasing the demand for tactile sensors. These sensors enhance the functionality and user experience of wearable devices by enabling precise touch interactions and providing haptic feedback. In October 2023, Maxic introduced the MT3102, a digital optical proximity sensor with advanced skin recognition. This sensor, designed for devices such as wireless earphones, smartwatches, and smartphones, offers high accuracy and versatility, fueling the demand for advanced tactile sensors in wearables.
However, regular calibration and maintenance are essential for the reliability and accuracy of tactile sensors but can raise business costs. Additionally, these sensors are sensitive to environmental factors such as temperature and humidity, which can affect their performance. These challenges complicate maintaining consistent sensor responsiveness, especially in harsh conditions, potentially deterring users seeking low-maintenance solutions. Addressing these issues is crucial for broader adoption and sustained tactile sensor market growth.
On the other hand, quantum sensing technology utilizes principles of quantum mechanics, such as superposition and entanglement, to achieve highly precise measurements. This technology enables sensors to detect minute changes in pressure, force, and other physical attributes with exceptional accuracy.
Applications include scientific research, precision engineering, and quantum computing. In research, it aids in studying phenomena at very small scales. In engineering, it improves manufacturing processes and quality control. In quantum computing, it supports complex system operations. As these applications expand, quantum sensing in sensors is expected to drive significant growth of the Africa tactile sensor market demand in the coming years.
Several key players operating in Africa tactile sensor industry include Broadcom, Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated, ALPS Electric (Cirque Corporation), STMicroelectronics N.V., FocalTech Systems Co., Ltd., Elan Microelectronics, Pressure Profile Systems, AIS Global group (Touch International Inc.), Tekscan Inc., ForceN, Contactile, Sensobright, X-Sensors, Barrett Technology and others.
The information related to key drivers, restraints, and opportunities and their impact on the Africa tactile sensor market trends is provided in the report.
The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.
The market share of players in the Africa tactile sensor market is provided in the report along with their competitive analysis.
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