Mexico Tactile Sensors Market

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Mexico 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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Mexico Tactile Sensors Market Overview

The Mexico Tactile Sensors Market size was valued at USD 97.5 million in 2023 and is predicted to reach USD 224.7 million by 2030, with a CAGR of 11.7% from 2024 to 2030. In terms of volume the market size was 43 million units in 2023 and is projected to reach 125 million units in 2030, with a CAGR of 15.3% 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.

They 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 Automation Adoption is Driving the Mexico Tactile Sensors Market

As Mexican industries increasingly adopt automation solutions to streamline processes, reduce costs, and improve competitiveness, the demand for tactile sensors continues to grow, fueling innovation and driving the Mexico tactile sensors market expansion.

Tactile sensors play a critical role in enabling robots and machinery to perceive and interact with their environment, facilitating tasks such as material handling, assembly, and quality control. According to the International Federation of Robotics report 2023, robot installations in Mexico are growing at a flourishing rate, with sales increasing by 16% and reaching 4,222 units in 2022, up from 4,805 units in 2017. This growing demand for automation in the country drives significant demand for tactile sensors to support the expanding deployment of robotic and automated solutions in manufacturing sectors across Mexico.

The Rising Adoption of Electric Vehicles (EVs) is driving the Demand for Tactile Sensors

The transitions towards a more sustainable and environmentally friendly transportation sector, the adoption of electric vehicles (EVs) is accelerating, leading to increased demand for tactile sensors to support the development and production of EVs. Tactile sensors are essential for various functions in EVs, including battery management, thermal management, and safety systems. According to the International Energy Agency report 2023, electric car registrations in Mexico are growing by 80% year-on-year, accounting for 15,000 units. This rising demand for electric vehicles in Mexico is propelling the demand for tactile sensors due to their integral role in EV systems and components.

The High Maintenance Costs Restrain Market Growth

Tactile sensors market requires regular calibration and maintenance to maintain their reliability and accuracy, which increases 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 dishearten potential users who require low-maintenance solutions or consistent performance in varied environments. Thus, addressing these limitations is essential for the broader adoption and sustained the Mexico tactile sensors market growth.

Integration of Quantum Sensing Creates Market Opportunity

The integration of quantum sensing methods into these sensors technology utilizes the distinct characteristics of quantum mechanics, such as superposition and entanglement, to accomplish 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 allows researchers to investigate phenomena at incredibly small scales. Within precision engineering, it rises 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 sensors are expected to propel substantial market growth in the upcoming years.

Competitive Landscape

Several key market players operating in the Mexico 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 Mexico 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 97.5 Million

Revenue Forecast in 2030

USD 224.7Million

Growth Rate (Value)

CAGR of 11.7% from 2024 to 2030

Market Volume in 2023

43 Million Units

Volume Forecast in 2030

125 Million Units

Growth Rate (Volume)

15.3%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The increasing automation adoption driving tactile sensors market
  • The rising adoption of EVs is driving the demand for tactile sensors

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, Mexico tactile sensors market is anticipated to reach USD 224.7million by 2030.

The high maintenance costs restrain market growth.

As per NMSC, Mexico tactile sensors market was valued at USD 97.5 million in 2023.

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

Mexico is anticipated to grow at a CAGR of 11.7% till 2030, driven by increased technological advancements in tactile sensors.

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