South Korea 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
South Korea Tactile Sensors Market size was valued at USD 309.6 million in 2023 and is predicted to reach USD 811.5 million by 2030, with a CAGR of 13.8% from 2024 to 2030. In terms of volume the market size was 141 million units in 2023 and is projected to reach 462 million units in 2030, with a CAGR of 17.4% from 2024 to 2030.
The strong focus on robotics in South Korea is indeed driving significant demand for tactile sensors as the country continues to embrace automation across various industries. The widespread adoption of industrial robots, as highlighted by the International Federation of Robotics 2024 report, underscores the critical role of tactile sensors in enhancing the capabilities and efficiency of robotic systems. As South Korea leads the world in industrial robot adoption, the demand for tactile sensors is poised to escalate further, given their importance in enabling precise and safe robotic tasks.
However, challenges such as regular calibration, maintenance, and sensitivity to environmental factors such as temperature and humidity can pose obstacles to wider adoption. These issues not only raise costs for businesses but also complicate sensor operation, particularly in harsh conditions. Addressing these limitations is crucial to ensure the continued growth and adoption of tactile sensors in South Korea's automation landscape.
Furthermore, the integration of quantum sensing methods into sensor technology holds immense potential for enhancing precision and accuracy in measurements. By leveraging the unique traits of quantum mechanics, such as superposition and entanglement, sensors can detect even the smallest changes in physical attributes with unmatched accuracy. This heightened sensitivity opens up opportunities across various fields, including scientific exploration, precision engineering, and quantum computing. As these applications expand, the integration of quantum sensing methods into sensors is expected to drive significant market growth, further fueling the demand for tactile sensors in South Korea and beyond.
Segment OverviewThe South Korea 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 South Korea 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 South Korea 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.