Australia 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
Australia Tactile Sensors Market size was valued at USD 101.1 million in 2023 and is predicted to reach USD 210.3 million by 2030, with a CAGR of 10.1% from 2024 to 2030. In terms of volume the market size was 38 million units in 2023 and is projected to reach 98 million units in 2030, with a CAGR of 13.6% from 2024 to 2030.
Successful fundraising by key market players is speeding up the development of tactile sensor technology, which is vital for improving robotic dexterity and capabilities. Companies are securing significant investments to advance these sensors, showing growing confidence in their potential to help robots perform delicate tasks with precision, similar to the human sense of touch. For instance, in May 2022, Contactile raised USD 2.5 million to enhance tactile sensor technology for robotic dexterity. This investment highlights the increasing interest in tactile sensors and their importance in advancing automation and robotic capabilities. The influx of funding is driving innovation and pushing the tactile sensor market forward, leading to more advanced and capable robotic systems.
However, regular calibration and maintenance are essential to keep tactile sensors reliable and accurate, which increases costs for businesses. Additionally, these sensors are sensitive to environmental factors such as temperature and humidity, making it challenging to maintain consistent performance, especially in harsh conditions. These issues complicate sensor operation and deter users seeking low-maintenance solutions or consistent performance across different environments. Addressing these limitations is crucial for wider adoption and sustained market growth.
On the contrary, quantum sensing technology uses principles of quantum mechanics, such as superposition and entanglement, to achieve highly precise measurements. This technology enables sensors to detect tiny changes in pressure, force, and other physical attributes with exceptional accuracy. It has applications in scientific research, precision engineering, and quantum computing. In research, it helps study phenomena at very small scales. In engineering, it enhances manufacturing processes and quality control. In quantum computing, it supports the development and operation of advanced systems. As these applications grow, quantum sensing in sensors is expected to drive significant market growth in the coming years.
Segment OverviewThe Australia tactile sensors market is segmented based on type, application, and end-user.
• Based on type, the market is segmented into resistive tactile sensors, capacitive tactile sensors, piezoelectric tactile sensor, optical tactile sensors, and others.
• Based on application, the market is segmented into robotics, computer hardware, security system, touch screens, medical devices, handheld devices, and others.
• Based on end-user, the market is segmented into automotive, robotics and automation, aerospace and defense. consumer electronics, healthcare, and other industry
Key Market 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
Key Benefits• The Australia tactile sensors market report provides a quantitative analysis of the current market and estimations through 2024-2030 that assists in identifying the prevailing market opportunities to capitalize on.
• The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
• The competitive analysis of the market players along with their market share in the Australia tactile sensors market.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.