Scope of the Study
Tilt sensors are instruments that produce an electrical signal that differs with an angular movement, and within a limited range of motion, these sensors are used to measure tilt and slope. Tilt sensors are made up of a rolling ball with a conductive plate beneath them and measure the tilting position with reference to gravity and are used in various applications. They enable the easy detection of inclination or orientation. These devices have become progressively more popular and are being adapted for increasing numbers of high-end applications, and this has led to significant growth of the tilt market in the forecast period.
The market study is being classified by Type (Force Balance Sensor, MEMS Sensor and Fluid Filled Sensor), by Application (Aerospace & Defense, Automotive & Transportation, Mining & Construction and Telecommunications) and major geographies with country level break-up. According to AMA, the Global Tilt Sensor market is expected to see growth rate of 6.96% and may see market size of USD289.4 Million by 2024.
TE Connectivity Ltd. (Switzerland), Sick AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Pepperl+Fuchs (Germany), Level Developments Ltd (United Kingdom), IFM Electronic GmbH (Germany), Balluff GmbH (Switzerland), Jewell Instruments LLC (United States), The Fredericks Company (United States) and DIS Sensors Bv (Netherlands) are some of the key players profiled in the study.
The Players having a strong hold in the market are TE Connectivity Ltd., Sick AG, Murata Manufacturing Co., Ltd., and Pepperl+Fuchs. Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Tilt Sensor market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Tilt Sensor market by Type, Application and Region. On the basis of Type, MEMS Sensor are dominating the market and held 72.23% of market share in the year 2018 where as Fluid Filled Sensor stood as second largest market share.
On the basis of application, Mining & Construction segment is dominating the market and held 37.15% of market share in the year 2018 where as Automotive & Transportation segment stood as second largest market.
On the basis of geography, the market of Tilt Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Construction Equipment Globally
- Growing Application Areas such as Aerospace and Defence
- Rising Demand for the Tilt Sensors Based on MEMS Technology in Emerging Economies
- High-Cost Associated with Tilt Sensors Based on Force Balance Technology
- Increasing Investment in Technological Advancement and Development for Tilt Sensor by the Major Players
Key Target AudienceTilt Sensor Manufacturers, Research Organizations and Consulting Companies, Tilt Sensor-Related Associations, Organizations, Forums, and Alliances, Government Bodies such as Regulating Authorities and Policymakers, Venture capitalists, Private Equity Firms, and Startup Companies, Distributors and traders and Others
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