North America Tactile Sensor Market is Expected to Reach USD 1872.8 Million by 2030

22-Jul-2024

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The increasing technological advancements is driving the North America tactile sensor market demand growth during the forecast period.

The North America Tactile Sensor Market size was valued at USD 870.3 million in 2023 and is predicted to reach USD 1872.8 million by 2030, with a CAGR of 10.6% from 2024 to 2030. In terms of volume the market size was 346 million units in 2023 and is projected to reach 929 million units in 2030, with a CAGR of 14.1% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The North American landscape for tactile sensor demand and innovation is vibrant and dynamic, driven by various technological advancements and North America tactile sensor market trends. The increasing adoption of industrial robots, highlighted by the International Federation of Robotics 2023 report, is a significant driver for tactile sensor demand in the region. 

This demand arises from the need to enhance automation capabilities across diverse sectors, leading to the integration of tactile sensors into robotics systems. Additionally, government support for healthcare innovation in North America encourages the inclusion of tactile sensors in medical devices and rehabilitation equipment.

This support is crucial for driving research and development in tactile sensor technologies, resulting in advanced healthcare solutions that improve patient care and treatment outcomes. Moreover, the growing demand for electric vehicles (EVs) boosts the need for tactile sensors due to their critical role in EV systems and components. As the automotive industry shifts towards electric mobility, integrating tactile sensors becomes increasingly important for ensuring the performance, safety, and efficiency of EVs.

However, it's essential to acknowledge the challenges associated with the tactile sensor market, including the need for regular calibration and maintenance, as well as sensitivity to environmental factors such as temperature and humidity. Addressing these limitations is crucial for broader adoption and sustained growth of the market, as it will meet the needs of users requiring low-maintenance solutions or consistent performance in diverse environments.

On the contrary, the incorporation of quantum sensing methods into tactile sensor technology holds promise for achieving remarkably sensitive and precise measurements. This integration creates opportunities across various domains, including scientific exploration, precision engineering, and quantum computing. As these applications continue to develop and expand, the incorporation of quantum sensing methods into tactile sensors is expected to drive substantial market growth in the coming years, further fostering innovation and advancement in the North America tactile sensor market.

Request for a sample here: https://www.nextmsc.com/north-america-tactile-sensors-market/request-sample

Several key players operating in North 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.

Key Insights from North America Tactile Sensors Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the North America tactile sensor market is provided in the report.

  • The value chain analysis in the North America tactile sensor market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the North America tactile sensor market is provided in the report along with their competitive analysis.

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