ERM and LRA Tactile Actuator Market
ERM and LRA Tactile Actuator Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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ERM and LRA Tactile Actuator Market Size and Growth
The ERM and LRA Tactile Actuator market research reports indicate a promising growth trajectory driven by increasing adoption of haptic technology in consumer electronics and automotive sectors. The market size is projected to reach $2.5 billion by 2025. Rising demand for enhanced user experiences and immersive virtual reality applications are key factors propelling market expansion.
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Companies Covered (Covid 19 Impact Covered)
◍ AAC Technologies
◍ Nidec Corporation
◍ Mplus
◍ Jinlong Machinery & Electronics
◍ Bluecom
◍ Johnson Electric
◍ Texas Instruments
◍ Precision Microdrives
◍ Jahwa
The ERM and LRA Tactile Actuator Market is highly competitive with key players like AAC Technologies, Nidec Corporation, Mplus, Jinlong Machinery & Electronics, Bluecom, Johnson Electric, Texas Instruments, Precision Microdrives, and Jahwa. These companies utilize ERM and LRA technology for haptic feedback in various applications, contributing to the growth of the market.
- AAC Technologies sales revenue: $4.7 billion
- Nidec Corporation sales revenue: $14.5 billion
- Johnson Electric sales revenue: $4.1 billion
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Market Segmentation
By Application
◍ Mobile Terminal (Smartphone/Tablet)
◍ Wearable Device
◍ Automotive
◍ Household Appliances
◍ Others
By Product
◍ Eccentric Rotating Mass (ERM) Actuators
◍ Linear Resonant Actuators (LRAS)
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$ X Billion USD
Market Growth
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