Linear Resonant Actuator Market
Linear Resonant Actuator Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Linear Resonant Actuator Market Size and Growth
The Linear Resonant Actuator (LRA) market is poised for significant growth, driven by rising demand in consumer electronics and automotive applications. The market size reached approximately $1.5 billion in 2023, with projections suggesting continued expansion as innovations enhance performance and efficiency across various sectors. Regulatory trends also impact market dynamics. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Texas Instruments
◍ Precision Microdrives
◍ Jinlong Machinery & Electronics
◍ Immersion Corporation
◍ AAC Technologies
◍ Johnson Electric
◍ Honeywell
◍ Densitron Technologies
◍ Need-For-Power Motor
◍ Fairchild Semiconductor
The Linear Resonant Actuator (LRA) market features key players like Texas Instruments, AAC Technologies, and Honeywell, driving advancements in haptic feedback technology. These companies enhance product offerings, expand applications in consumer electronics, and foster market growth through innovation. Sales revenues include:
- AAC Technologies: ~$1.35 billion
- Johnson Electric: ~$3 billion
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Market Segmentation
By Application
Automotive
Medical
Consumer Electronics
Others
By
Product
◍ Rectengular Linear Resonant Actuator
Coin Type Linear Resonanot Actuator
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Market Growth
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$ 3.20 Billion
