Thailand 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
Thailand Tactile Sensors Market size was valued at USD 131.5 million in 2023 and is predicted to reach USD 285.7 million by 2030, with a CAGR of 10.8% from 2024 to 2030. In terms of volume the market size was USD 62 million units in 2023 and is projected to reach USD 168 million units in 2030, with a CAGR of 14.3% from 2024 to 2030.
As Thailand embraces the principles of Industry 4.0, there's a growing emphasis on automation, smart manufacturing, and robotics across industries. Tactile sensors play a critical role in this transformation by enabling precise and responsive interactions between machines and their environment, facilitating tasks such as quality control, object detection, and assembly. The adoption of Thailand 4.0 strategy, highlighted in the Wisconsin Economic Development Corporation report of 2023, is propelling the use of technology-driven solutions to enhance manufacturing capabilities. Thai factories are increasingly integrating cutting-edge technologies, including smart devices, industrial robotics, Internet of Things solutions, remote sensors, and controllers. With Thailand leading Southeast Asian nations in the number of industrial robots installed and ranking second in automation and robotics after Thailand, there's a positive outlook for the growth of tactile sensors in the country, positioning them as integral components in driving Thailand's Industry 4.0 evolution.
However, regular calibration and maintenance are crucial to ensure the reliability and accuracy of tactile sensors, which increases costs for businesses. Additionally, their sensitivity to environmental factors such as temperature and humidity poses challenges in maintaining consistent performance, especially in harsh conditions. These challenges complicate sensor operation and deter users who require low-maintenance solutions or consistent performance in different environments. Therefore, addressing these limitations is essential for broader adoption and sustained market growth.
On the contrary, integration of quantum sensing methods into sensor technology utilizes 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 enables researchers to study phenomena at incredibly small scales. In precision engineering, it improves 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.
Segment OverviewThe Thailand 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 Thailand 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 Thailand 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.