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
The Canada Tactile Sensor Market size was valued at USD 134 million in 2023 and is predicted to reach USD 334.8 million by 2030, with a CAGR of 13% from 2024 to 2030. In terms of volume, the market size was 45 million units in 2023 and is projected to reach 141 million units in 2030, with a CAGR of 16.6% 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.
These touch sensors 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 government support for the advancement of the healthcare sector in Canada is accelerating the adoption of innovation and technology, leading to the incorporation of tactile sensors in healthcare devices.
With initiatives aimed at improving patient care, enhancing medical diagnostics, and promoting healthcare innovation, government funding provides opportunities for research and development in tactile sensor technologies for applications such as medical devices, prosthetics, and rehabilitation equipment.
According to a report published by the Government of Canada in 2023, the Canadian government announced an investment of USD 19.39 million from the Canadian Institutes of Health Research (CIHR) and partners. This investment aims to bring researchers, policymakers, healthcare providers, and people with lived or living experience together to improve the health of people in Canada through integrated care policies and practices.
The support accelerates the integration of force sensors into healthcare solutions, enabling precise monitoring of patient vital signs, feedback during surgeries, and assistive technologies, thereby propelling the growth in demand for the tactile sensor market in the Canadian healthcare sector.
The rising installation of robots across diverse industries in the country is propelling the Canada tactile sensor market demand as indispensable components for advancing automation capabilities.
Tactile sensors play a pivotal role in enabling robots to sense and respond to their surroundings, facilitating critical tasks such as material handling, assembly, and quality control with precision and efficiency.
According to the International Federation of Robotics 2023 report, the installation of industrial robots in Canada largely depends on investments from the automotive industry, which accounts for 40% of robot installations.
The demand from motor vehicles, engines, and bodies grew by 99%, with 263 units installed. As Canadian industries increasingly prioritize the adoption of industrial robots, this leads to the growing integration of tactile sensors to improve efficiency, productivity, and flexibility in their operations, thereby driving the Canada tactile sensor market growth.
Tactile sensors necessitate regular calibration and maintenance to maintain their reliability and accuracy, which raises the overall cost of ownership for businesses. Moreover, their sensitivity to environmental factors such as temperature and humidity presents challenges in maintaining consistent responsiveness and precision, particularly in harsh or variable conditions.
These issues add complexity to the operation of sensor and discourage potential users who require low-maintenance solutions or consistent performance in varied environments. Consequently, addressing these limitations is essential for the broader adoption and sustained growth of the market in Canada.
The integration of quantum sensing methods into sensors technology utilizes the distinct characteristics of quantum mechanics, such as superposition and entanglement, to achieve remarkably sensitive and accurate measurements.
The integration of quantum phenomena, allows these sensors to detect even the least changes in pressure, force, or other physical attributes with unparalleled accuracy. This heightened sensitivity creates opportunities across various domains. In scientific exploration, it enables researchers to investigate phenomena at incredibly small scales. Within precision engineering, it increases the accuracy and efficiency of manufacturing processes and quality control.
In the realm of quantum computing, it facilitates the advancement and operation of sophisticated computational systems. As these applications continue to develop and broaden, the incorporation of quantum sensing methods into these pressure sensors are expected to propel the market expansion in the forthcoming years.
Several key market players operating in the Canada 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.
Resistive Tactile Sensors
Capacitive Tactile Sensors
Piezoelectric Tactile Sensor
Optical Tactile Sensors
Others
Robotics
Computer Hardware
Security System
Touch Screens
Medical Devices
Handheld Devices
Others
Automotive
Robotics and Automation
Aerospace and Defense
Consumer Electronics
Healthcare
Other Industry
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 134.0 Million |
Revenue Forecast in 2030 |
USD 334.8 Million |
Growth Rate (Value) |
CAGR of 13.0% from 2024 to 2030 |
Market Volume in 2023 |
45 Million Units |
Volume Forecast in 2030 |
141 Million Units |
Growth Rate (Volume) |
16.6% |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
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. |
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