Middle East & Africa Haptic Devices Market Size & Outlook
The haptic devices market in Middle East & Africa is expected to reach a projected revenue of US$ 839.6 million by 2030. A compound annual growth rate of 16.6% is expected of Middle East & Africa haptic devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$287.1
Forecast, 2030 (US$M)
$839.6
CAGR, 2024 - 2030
16.6%
Report Coverage
Middle East & Africa
Middle East & Africa haptic devices market, 2018-2030 (US$M)
MEA haptic devices market highlights
- The MEA haptic devices market generated a revenue of USD 287.1 million in 2023.
- The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 287.1 million |
| Market revenue in 2030 | USD 839.6 million |
| Growth rate | 16.6% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | Aito, Boréas Technologies, Cirrus Logic Inc, Hap2U, Immersion Corp, Johnson Electric Holdings Ltd, Yageo Corp ADR, Microchip Technology Inc, Mouser Electronics, Synaptics Inc, TDK Corp, Texas Instruments Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global haptic devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,368.3 million by 2030.
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Haptic Devices Market Scope
Haptic devices market segmentation & scope
Usage
Graspable
Touchable
Wearable
Type
Active Haptic Devices
Passive Haptic Devices
Feedback
Force
Vibrotactile
Electrotactile
Thermal
Others
End Use
Use
Entertainment
Gaming
Automotive
Aerospace & Defense
Healthcare
Education
Others
Countries
Canada
Mexico
U.S.
France
Germany
Italy
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE
Haptic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related regional statistics
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