Austria 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
Austria Tactile Sensors Market size was valued at USD 26.4 million in 2023 and is predicted to reach USD 43.1 million by 2030, with a CAGR of 6.3% from 2024 to 2030. In terms of volume the market size was 6 million units in 2023 and is projected to reach 13 million units in 2030, with a CAGR of 10.5% from 2024 to 2030.
The growth of Austria's medical device sector is boosting the tactile sensor market due to increasing demand for advanced sensing technologies. According to the International Trade Administration, Austria's medical device production reached USD 1,185 million in 2022, up from USD 1,150 million in 2021. As the industry evolves to meet modern healthcare demands, there's a rising need for tactile sensors in various medical applications. These sensors provide precise touch feedback, essential for diagnostic accuracy, surgical procedures, and patient care. The increasing use of innovative medical devices in Austria's healthcare system is driving demand for tactile sensors, fostering innovation and growth in the market to support next-generation medical technologies and improve patient outcomes.
However, regular calibration and maintenance are vital for maintaining tactile sensors' reliability and accuracy, which increases business costs. Additionally, these sensors are sensitive to environmental factors such as temperature and humidity, making consistent performance challenging, especially in tough conditions. These issues complicate sensor operation and deter users seeking low-maintenance solutions or consistent performance in various environments. Addressing these limitations is crucial for wider adoption and sustained market growth.
On the other hand, quantum sensing technology uses principles of quantum mechanics, such as superposition and entanglement, to achieve highly precise measurements. This technology allows 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 Austria 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 Austria 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 Austria 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.