Vietnam Tactile Sensors Market

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Vietnam 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

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Vietnam Tactile Sensors Market Overview

The Vietnam Tactile Sensors Market size was valued at USD 136.7 million in 2023 and is predicted to reach USD 251.4 million by 2030, with a CAGR of 8.1% from 2024 to 2030. In terms of volume the market size was 62 million units in 2023 and is projected to reach 143 million units in 2030, with a CAGR of 11.5% 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 Increase in IT Revolution Fuels the Demand for Tactile Sensors in the Country

Vietnam's burgeoning IT sector, characterized by a growing focus on software development, IoT applications, and smart technologies, underscores the necessity for tactile sensors. These sensors enable precise touch-sensitive interfaces, gesture recognition, and interactive feedback mechanisms in various digital devices.

With the Vietnam ICT market witnessing a 14% growth in 2023, reaching approximately USD 10.2 billion, and projected to reach around USD 17 billion by 2027, the demand for tactile sensors is set to soar. As Vietnam undergoes digital transformation, tactile sensors play an indispensable role in fueling the country's IT-driven economy, positioning them as key drivers in the delta robots market.

The Rising Use of Smartphones Fuels the Demand for Tactile Sensors

Vietnam's emergence as a major player in the global smartphone manufacturing industry is driving up the demand for tactile sensors. These sensors are essential for touch-sensitive interfaces, gesture recognition, and haptic feedback, crucial for intuitive user interactions in smartphones.

With smartphone and component exports from Vietnam surpassing USD 2.35 billion in the first four months of 2024, marking a 6.6% increase from the previous year, the demand for tactile sensors is significantly escalating. As Vietnam continues to excel in smartphone production, tactile sensors emerge as vital components in enhancing the functionality and user experience of mobile devices, thus fueling growth in the delta robots market.

The High Maintenance Costs Restrain the Vietnam Tactile Sensors Market Growth

Regular calibration and maintenance are crucial to ensure the reliability and accuracy of tactile sensors, 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 Vietnam tactile sensors market growth.

Integration of Quantum Sensing Creates the Vietnam Tactile Sensors Market Opportunity

Quantum sensing methods, integrated into sensor technology, utilize the unique traits of quantum mechanics, such as superposition and entanglement, for highly precise measurements. This allows 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 enables researchers to study phenomena at incredibly small scales. In precision engineering, it improves 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.

Competitive Landscape

Several key market players operating in the Vietnam 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.

Vietnam 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 136.7 Million

Revenue Forecast in 2030

USD 251.4 Million

Growth Rate (Value)

CAGR of 8.1% from 2024 to 2030

Market Volume in 2023

62 Million Units

Volume Forecast in 2030

143 Million Units

Growth Rate (Volume)

11.5%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The increase in IT revolution fuels the demand for Vietnam tactile sensors market

  • The rising use of smartphones fuels the demand for Vietnam tactile sensors 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, Vietnam tactile sensors market is anticipated to reach USD 251.4 million by 2030.

According to NMSC, the China is the dominant country of this region in the market.

As per NMSC, Vietnam tactile sensors market was valued at USD 136.7 million in 2023.

Broadcom, Shenzhen Goodix Technology Co., Ltd., Synaptics Incorporated, and others are the top players operating in tactile sensors industry.

Vietnam is anticipated to grow at a CAGR of 8.1% till 2030, driven by increased technological advancements in tactile sensors.

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