Taiwan Tactile Sensors Market

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Taiwan 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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Taiwan Tactile Sensors Market Overview

The Taiwan Tactile Sensors Market size was valued at USD 390.3 million in 2023 and is predicted to reach USD 981.9 million by 2030, with a CAGR of 13.1% from 2024 to 2030. In terms of volume the market size was 180 million units in 2023 and is projected to reach 565 million units in 2030, with a CAGR of 16.7% 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 Use of Tactile Sensors in Semiconductor Manufacturing Drives the Taiwan Tactile Sensors Market Growth

Taiwan's dominant position in semiconductor manufacturing, manufacturing around 63.8% of the world's semiconductors and ranking second in global IC output value with revenue of USD 162.4 billion in 2022, underscores the critical role of tactile sensors market. These sensors are indispensable for precise control, monitoring, and quality assurance in semiconductor production lines.

As the semiconductor industry continues to expand and innovate, the demand for tactile sensors to ensure accuracy and efficiency in manufacturing processes is rapidly increasing. Tactile sensors play a vital role in accelerating production and maintaining high standards in Taiwan's semiconductor ecosystem, thereby driving growth in the delta robots’ market in the region.

The Government-Led Technological Advancement Initiatives Drive the Growth of the Taiwan Tactile sensors Market

Taiwan's concerted efforts to strengthen its position as a global technology hub are driving investments in research, innovation, and infrastructure development. The government's focus on technological advancement is fostering the adoption of tactile sensors across diverse industries such as electronics manufacturing, robotics, healthcare, and consumer electronics.

Initiatives such as the May 2024 launch aimed at shaping the future of Taiwan's tech industry through collaboration between government agencies, industry leaders, and academia are further fueling this trend.

The government's proactive stance in supporting technology innovation and development is significantly increasing the demand for tactile sensors, given their pivotal role in advancing technological capabilities across various sectors. This surge in demand for tactile sensors driven by government-led initiatives is propelling growth in the delta robots’ market in Taiwan.

The High Maintenance Costs Restrain 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 Taiwan tactile sensors market growth.

Integration of Quantum Sensing Creates the Tactile Sensors Market Opportunity

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.

Competitive Landscape

Several key market players operating in the Taiwan 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.

Taiwan 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 390.3 Million

Revenue Forecast in 2030

USD 981.9 Million

Growth Rate (Value)

CAGR of 13.1% from 2024 to 2030

Market Volume in 2023

180 Million Units

Volume Forecast in 2030

565 Million Units

Growth Rate (Volume)

16.7%

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • The use of semiconductor manufacturing drives the Taiwan tactile sensors market growth

  • The government-led technological advancement initiatives drive the growth of the Taiwan 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, Taiwan tactile sensors market is anticipated to reach USD 981.9 million by 2030.

The high maintenance costs restrain market growth.

As per NMSC, Taiwan tactile sensors market was valued at USD 390.3 million in 2023.

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

Taiwan is anticipated to grow at a CAGR of 13.1% till 2030, driven by increased technological advancements in tactile sensors.

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