Canada Tactile Sensors Market

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Canada 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: 20-Jul-2024 | No of Pages: 169 | No. of Tables: 132 | No. of Figures: 77 | Format: PDF | Report Code : N/A

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Canada Tactile Sensor Market Overview

The Canada Tactile Sensor Market size was valued at USD 134 million in 2023 and is predicted to reach USD 334.8 million by 2030, with a CAGR of 13% from 2024 to 2030. In terms of volume, the market size was 45 million units in 2023 and is projected to reach 141 million units in 2030, with a CAGR of 16.6% 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 touch 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 Increasing Government Support in Healthcare Innovation Drives the Canada Tactile Sensor Market Growth

The increasing government support for the advancement of the healthcare sector in Canada is accelerating the adoption of innovation and technology, leading to the incorporation of tactile sensors in healthcare devices.

With initiatives aimed at improving patient care, enhancing medical diagnostics, and promoting healthcare innovation, government funding provides opportunities for research and development in tactile sensor technologies for applications such as medical devices, prosthetics, and rehabilitation equipment.

According to a report published by the Government of Canada in 2023, the Canadian government announced an investment of USD 19.39 million from the Canadian Institutes of Health Research (CIHR) and partners. This investment aims to bring researchers, policymakers, healthcare providers, and people with lived or living experience together to improve the health of people in Canada through integrated care policies and practices.

The support accelerates the integration of force sensors into healthcare solutions, enabling precise monitoring of patient vital signs, feedback during surgeries, and assistive technologies, thereby propelling the growth in demand for the tactile sensor market in the Canadian healthcare sector.

The Rising Installation of Robots Across Various Industries Drives the Tactile Sensor Market Demand in Canada

The rising installation of robots across diverse industries in the country is propelling the Canada tactile sensor market demand as indispensable components for advancing automation capabilities.

Tactile sensors play a pivotal role in enabling robots to sense and respond to their surroundings, facilitating critical tasks such as material handling, assembly, and quality control with precision and efficiency.

According to the International Federation of Robotics 2023 report, the installation of industrial robots in Canada largely depends on investments from the automotive industry, which accounts for 40% of robot installations.

The demand from motor vehicles, engines, and bodies grew by 99%, with 263 units installed. As Canadian industries increasingly prioritize the adoption of industrial robots, this leads to the growing integration of tactile sensors to improve efficiency, productivity, and flexibility in their operations, thereby driving the Canada tactile sensor market growth.

The High Maintenance Costs Restrain the Tactile Sensor Market Growth in Canada

Tactile sensors necessitate regular calibration and maintenance to maintain their reliability and accuracy, which raises the overall cost of ownership for businesses. Moreover, their sensitivity to environmental factors such as temperature and humidity presents challenges in maintaining consistent responsiveness and precision, particularly in harsh or variable conditions.

These issues add complexity to the operation of sensor and discourage potential users who require low-maintenance solutions or consistent performance in varied environments. Consequently, addressing these limitations is essential for the broader adoption and sustained growth of the market in Canada.

The Integration of Quantum Sensing Creates Market Opportunity

The integration of quantum sensing methods into sensors technology utilizes the distinct characteristics of quantum mechanics, such as superposition and entanglement, to achieve remarkably sensitive and accurate measurements.

The integration of quantum phenomena, allows these sensors to detect even the least changes in pressure, force, or other physical attributes with unparalleled accuracy. This heightened sensitivity creates opportunities across various domains. In scientific exploration, it enables researchers to investigate phenomena at incredibly small scales. Within precision engineering, it increases the accuracy and efficiency of manufacturing processes and quality control.

In the realm of quantum computing, it facilitates the advancement and operation of sophisticated computational systems. As these applications continue to develop and broaden, the incorporation of quantum sensing methods into these pressure sensors are expected to propel the market expansion in the forthcoming years.

Competitive Landscape

Several key market players operating in the Canada 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.

The Canada 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 134.0 Million

Revenue Forecast in 2030

USD 334.8 Million

Growth Rate (Value)

CAGR of 13.0% from 2024 to 2030

Market Volume in 2023

45 Million Units

Volume Forecast in 2030

141 Million Units

Growth Rate (Volume)

16.6%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The increasing government support in healthcare innovation drives the Canada tactile sensor market growth
  • The rising installation of robots across various industries drives the tactile sensor market in Canada

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 the projections from Next Move Strategy Consulting, the Canada tactile sensor market revenue is anticipated to reach USD 334.8 million by 2030.

The high maintenance costs restrain market growth.

As per NMSC, the Canada tactile sensor market was valued at USD 134 million in 2023.

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

Canada is anticipated to grow at a CAGR of 13% till 2030, driven by increased technological advancements in tactile sensors.

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