Austria Tactile Sensors Market

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Austria Tactile Sensors Market by Type (Resistive Tactile Sensors, Capacitive Tactile Sensors, Piezoelectric Tactile Sensors, Optical Tactile Sensors, and Others), by Application (Robotics, Computer Hardware, Security System, Touch Screens, Medical Devices, Handheld Devices, and Others), and by Industry Vertical (Automotive, Robotics and Automation, Aerospace and Defense, Consumer Electronics, Healthcare, and Other Industry) – Global Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Semiconductor & Electronics | Publish Date: 20-Jul-2024 | No of Pages: 169 | No. of Tables: 132 | No. of Figures: 77 | Format: PDF | Report Code : N/A

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Austria Tactile Sensor Market Overview

The Austria Tactile Sensor Market size was valued at USD 26.4 million in 2023 and is predicted to reach USD 43.1 million by 2030, with a CAGR of 6.3% from 2024 to 2030. In terms of volume, the market size was 6 million units in 2023 and is projected to reach 13 million units in 2030, with a CAGR of 10.5% from 2024 to 2030.

Tactile sensor is a specialized device designed to detect and measure physical interactions, such as touch, pressure, and force, with precision and responsiveness. These sensors are crucial in various applications across multiple industry verticals, including robotics and automation, healthcare, consumer electronics, automotive, and aerospace.

They employ advanced technologies such as capacitive, resistive, piezoelectric, and optical sensing to provide detailed feedback on physical contact, thereby enabling improved control, safety, and functionality within complex systems. 

The Increasing Medical Device Sector Drives Growth in the Market

The growth of the medical device sector in Austria is driving expansion in the tactile sensor market by increasing demand for advanced sensing technologies. According to the International Trade Administration, in 2022, the total production of medical devices in Austria amounted to USD 1,185, showing growth from USD 1,150 in 2021.

As Austria's medical device industry evolves to meet the demands of modern healthcare, there is a growing need for tactile sensors in various medical applications. Tactile sensors play a crucial role in medical devices by providing precise touch feedback and enabling tactile interactions essential for diagnostic accuracy, surgical procedures, and patient care.

With the rising adoption of innovative medical devices in the region’s healthcare system, the Austria tactile sensor market demand is escalating, fostering innovation and growth in the touch sensors sector to support the development of next-generation medical technologies and improve patient outcomes.

The Growth of the Automotive Sector Drives the Austria Tactile Sensor Market Expansion

Furthermore, the growth of the automotive sector in Austria is a driving force behind the expansion of the tactile sensor market by fueling demand for advanced sensing technologies. According to Hybrid and Electric Vehicle Technology, in 2023, the total fleet of motor vehicles registered in Austria passed 7 million for the third time in history. With 7.27 million registered motor vehicles, there was an increase of 0.75% or 54,444 vehicles compared to 2021.

As Austria's automotive industry continues to innovate and evolve, there is an increasing need for tactile sensors in various automotive applications. These pressure sensors play a crucial role in automotive systems by providing real-time feedback on touch and pressure, enabling the development of safer and more responsive vehicles.

The High Maintenance Costs Restrain the Austria Tactile Sensor Market Growth

Regular calibration and maintenance are vital for maintaining the reliability and accuracy of tactile sensors, increasing the overall cost for businesses. Additionally, their sensitivity to environmental factors such as temperature and humidity poses challenges in maintaining consistent responsiveness and precision, especially in tough conditions.

These issues complicate sensor operation and deter potential users seeking low-maintenance solutions or consistent performance in various environments. Therefore, addressing these limitations is crucial for wider adoption and sustained market growth.

Integration of Quantum Sensing Creates Market Opportunity

Quantum sensing methods incorporated into sensor technology leverage the unique traits of quantum mechanics, such as superposition and entanglement, for highly precise measurements. This integration enables sensors to detect even the smallest changes in pressure, force, or other physical attributes with unmatched accuracy. This heightened sensitivity opens up opportunities across various fields. In scientific exploration, it allows researchers to study phenomena at incredibly small scales.

In precision engineering, it improves the accuracy and efficiency of manufacturing processes and quality control. In the realm of quantum computing, it aids in the advancement and operation of complex computational systems. As these applications expand, the integration of quantum sensing methods into sensors is expected to drive the Austria tactile sensor market growth significantly in the coming years.

Competitive Landscape

Several key market players operating in the Austria 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 Austria Tactile Sensors Market Key Segments

By Type

  • Resistive Tactile Sensors

  • Capacitive Tactile Sensors

  • Piezoelectric Tactile Sensor 

  • Optical Tactile Sensors 

  • Others 

By Application

  • Robotics

  • Computer Hardware

  • Security System

  • Touch Screens

  • Medical Devices

  •  Handheld Devices 

  • Others 

By End User

  • Automotive

  • Robotics and Automation

  • Aerospace and Defense

  • Consumer Electronics

  • Healthcare

  • Other Industry

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 26.4 Million

Revenue Forecast in 2030

USD 43.1 Million

Growth Rate (Value)

CAGR of 6.3% from 2024 to 2030

Market Volume in 2023

6 Million Units

Volume Forecast in 2030

13 Million Units

Growth Rate (Volume)

10.5%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The increasing medical device sector drives growth in tactile sensor market

  • The growth of automotive sector drives expansion in tactile sensor market

Companies Profiled

15

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

  • 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

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Frequently Asked Questions

According to projections from Next Move Strategy Consulting, the Austria tactile sensor market revenue is anticipated to reach USD 43.1 million by 2030.

The high maintenance costs restrain market growth.

As per NMSC, the Austria tactile sensor market size was valued at USD 26.4 million in 2023.

Broadcom, Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated, and others are the top players operating in the Austria tactile sensor market.

Austria is anticipated to exhibit the highest projected CAGR of 6.3% until 2030, driven by increased technological advancements in tactile sensors.

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