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
The Malaysia Tactile Sensors Market size was valued at USD 214.4 million in 2023 and is predicted to reach USD 379.4 million by 2030, with a CAGR of 7.5% from 2024 to 2030. In terms of volume the market size was 95 million units in 2023 and is projected to reach 209 million units in 2030, with a CAGR of 10.9% from 2024 to 2030.
A tactile sensor is a specialized device that detects and measures physical interactions such as touch, pressure, and force with precision and responsiveness. These sensors are crucial in various industries, including robotics and automation, healthcare, consumer electronics, automotive, and aerospace.
They use advanced technologies such as capacitive, resistive, piezoelectric, and optical sensing to provide detailed feedback on physical contact, enhancing control, safety, and functionality within complex systems.
The flourishing gaming industry in Malaysia, fueled by the country's emergence as a gaming development hub and the surge in esports events, is driving the demand for advanced gaming peripherals and technologies.
Tactile sensors are becoming increasingly essential in gaming controllers, virtual reality (VR) devices, and other gaming accessories, enabling touch-sensitive interfaces, gesture recognition, and haptic feedback. According to the Malaysian Investment Development Authority report of 2022, the Malaysian gaming industry generated approximately USD 633 million and ranked 21st globally in terms of games revenue.
Malaysia's gaming industry is following suit, spurring the need for tactile sensors to enhance the immersive gaming experience and elevate user interaction, thereby propelling the growth of the delta robots market.
In cycle with the digitization of healthcare data and the adoption of telemedicine in Malaysia, there is a growing requirement for tactile sensors to facilitate remote patient monitoring, detect abnormalities, and enhance healthcare consultations.
These sensors play a pivotal role in medical devices utilized for measuring vital signs such as blood pressure and heart rate, providing real-time feedback to healthcare professionals and improving patient outcomes.
With Malaysia's Parliament approving the Health White Paper in 2023, outlining significant healthcare system reforms over the next 15 years, including initiatives such as Electronic Medical Records (EMR) and Electronic Lifetime Health Records (ELHR), the demand for tactile sensors is poised to surge further.
The impending implementation of EMR and ELHR in Malaysia's healthcare sector signifies an imminent increase in demand for tactile sensors, underscoring their crucial role in enabling advanced patient monitoring and diagnostic capabilities, thus driving growth in the delta robots market.
Regular calibration and maintenance are crucial to ensure the reliability and accuracy of tactile sensors market, increasing costs for businesses. Additionally, their sensitivity to environmental factors such as temperature and humidity poses challenges in maintaining consistent performance, particularly in harsh conditions. These issues complicate sensor operation and discourage users who require low-maintenance solutions or consistent performance in different environments. Therefore, addressing these limitations is essential for wider adoption and sustained Malaysia tactile sensors market growth.
Quantum sensing methods integrated into sensor technology use the unique traits of quantum mechanics, such as superposition and entanglement, for highly precise measurements. This enables sensors to detect even the smallest changes in pressure, force, or other physical attributes with unmatched accuracy.
This heightened sensitivity creates opportunities across various fields. In scientific exploration, it allows researchers to study phenomena at incredibly small scales. In precision engineering, it enhances the accuracy and efficiency of manufacturing processes and quality control.
In quantum computing, it supports the development and operation of advanced computational systems. As these applications expand, the integration of quantum sensing methods into sensors is expected to drive significant market growth in the coming years.
Several key market players operating in the Malaysia 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 214.4 Million |
Revenue Forecast in 2030 |
USD 379.4 Million |
Growth Rate (Value) |
CAGR of 7.5% from 2024 to 2030 |
Market Volume in 2023 |
95 Million Units |
Volume Forecast in 2030 |
209 Million Units |
Growth Rate (Volume) |
10.9% |
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