Latin America Tactile Sensors Market

Plastic Optic Fiber Market Report Thumbnail

Latin America 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: 22-Jul-2024 | No of Pages: 169 | No. of Tables: 132 | No. of Figures: 77 | Format: PDF | Report Code : N/A

  • Facebook
  • Linkedin
  • Whatsapp

Latin America Tactile Sensor Market Overview

The Latin America Tactile Sensors Market size was valued at USD 196.1 million in 2023 and is predicted to reach USD 324 million by 2030, with a CAGR of 6.5% from 2024 to 2030. In terms of volume, the market size was 83 million units in 2023 and is projected to reach 171 million units in 2030, with a CAGR of 9.8% 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 torch 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 Rapid Integration of Automation in Manufacturing Processes Drives the Market Growth

The integration of automation in manufacturing processes across various sectors in Brazil has been accelerating at a remarkable pace. This surge is driven by the quest for enhanced efficiency, precision, and productivity. The tactile sensor market emerge as indispensable components within this landscape, enabling delta robots to "feel" and interact with their surroundings.

By incorporating robotic sensors, these robots can perform tasks such as material handling, quality control, and assembly with unparalleled precision and accuracy. As Brazil's industrial sector continues to embrace automation, the demand for tactile sensors within the delta robots industry is poised to witness substantial growth.

The Growing Adoption of Robots in Industries is Driving the Demand for Delta Robots

The delta robots sector in Brazil is experiencing a significant expansion, fueled by the escalating installation of robotic systems in the industrial landscape. According to the International Federation of Robotics report in 2023, the annual installation counts surged, with approximately 1,858 robots installed in 2022 alone, marking a notable 4% increase from the preceding year.

This surge in installations underscores the growing reliance on robotic automation across diverse industries in Brazil. Consequently, there is a parallel increase in the Latin America tactile sensor market demand, which is instrumental in optimizing the performance and functionality of delta robots.

As the market for delta robots continues to burgeon in Brazil, the Latin America tactile sensor market expansion is expected to witness a corresponding upsurge, driving further innovation and advancements in this segment.

The High Maintenance Costs Restrain the Latin America 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 Latin America tactile sensor market growth significantly, in the coming years.

Competitive Landscape

Several key market players operating in the Latin America 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.

Latin America 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 196.1 Million

Revenue Forecast in 2030

USD 324 Million

Growth Rate (Value)

CAGR of 6.5% from 2024 to 2030

Market Volume in 2023

83 Million Units

Volume Forecast in 2030

171 Million Units

Growth Rate (Volume)

9.8%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The rapid integration of automation in manufacturing processes drives the Latin America tactile sensor market growth

  • The growing adoption of robots in industries is driving the demand for delta robots

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

Bar chart Pie chart Pie chart

Frequently Asked Questions

According to the projections from Next Move Strategy Consulting, the Latin America tactile sensor market revenue is anticipated to reach USD 324 million by 2030.

According to NMSC, the Latin America tactile sensor market is projected at a volume growth of 9.8%

As per NMSC, the Latin America tactile sensor market size was valued at USD 196.1 million in 2023.

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

Latin America is anticipated to grow at a CAGR of 6.5% till 2030, driven by increased technological advancements in tactile sensors.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more