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 India Tactile Sensors Market size was valued at USD 123.1 million in 2023 and is predicted to reach USD 247.7 million by 2030, with a CAGR of 9.6% from 2024 to 2030. In terms of volume, the market size was 70 million units in 2023 and is projected to reach 177 million units in 2030, with a CAGR of 13.1% 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.
In India, regional players continue to innovate and introduce tactile sensors tailored to local industry needs, fostering technological advancement and encouraging businesses to integrate these sensors for improved efficiency, quality control, and automation.
For Instance, Svaya Robotics, which in October 2023 launched a comprehensive range of Collaborative Robots (Cobots) designed and manufactured in India, featuring tactile sensor-equipped robotic coordinate measuring machines (CMM). These cobots enable precise and efficient measurement tasks, highlighting India's advancements in automation and metrology.
The surge in demand driven by indigenous product launches signifies a promising growth factor for the tactile sensor market in India, contributing to its rapid expansion and widespread application across various sectors.
As consumers in India increasingly seek seamless and intuitive interactions with their devices, the demand for tactile sensors is on the rise, driving innovation and adoption across the smart gadgets industry.
Tactile sensors enhance the usability and appeal of smartphones, wearables, and IoT devices by enabling touch-sensitive interfaces, gesture recognition, and haptic feedback systems. According to the India Brand Equity Foundation Report 2024, the Indian smartphone market is experiencing robust growth, with around 35.3 million units sold in March 2024, marking a 15% year-on-year increase.
This escalating demand for smart gadgets is fueling a parallel surge in the need for tactile sensors, as these components are integral to enhancing the functionality and user experience of modern devices.
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.
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 India tactile sensor market expansion in the coming years.
Several key market players operating in the India 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 123.1 Million |
Revenue Forecast in 2030 |
USD 247.7 Million |
Growth Rate (Value) |
CAGR of 9.6% from 2024 to 2030 |
Market Volume in 2023 |
70 Million Units |
Volume Forecast in 2030 |
177 Million Units |
Growth Rate (Volume) |
13.1% |
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