Press release
Tilt Sensors Market Analysis and Value Forecast Snapshot by End-use Industry 2018-2028
Tilt sensor, also known as clinometer or inclinometer, is a tool used for measuring angle tilts (or slopes) or depression or elevation of an object with reference to gravity. Tilt sensors are devices used for measuring the tilt in various axes of an orientation plane. Tilt sensors measure the tilting position with reference to gravity and are used for various applications. Tilt sensors are used to measure slope tilt with limited range of motion. Tilt sensors can be implemented using roller ball and mercury technology and can be mounted using mechanical threading and magnets, depending on the surfaces to be mounted.
Recent technological advancements with reference to manufacturing of tilt sensors have reduced cost, improved accuracy and increased lifetime. The tilt sensors technology utilizes high-speed and low-cost electronic circuits for power, better signal processing methods and advanced manufacturing methods. The common applications of tilt sensors and inclinometers are liquid capacitive, accelerometer, gas liquid, electrolyte and pendulum.
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Tilt sensors Market: Dynamics
Some of the factors contributing to the growth of the tilt sensors market are increasing demand for construction equipment, increasing usage of sensors in various applications, growing demand for security concerns and increasing demand for sensors in the automobile industry. Also, factors, such as large-scale investments for infrastructural development, growth in urbanization and growth in construction activities in emerging economies, have led to rise in demand for construction equipment, which in turn, is driving the demand for tilt sensors.
Tilt sensors Market: Trend/ Regional Outlook
The new technologies have changed the gaming industry. Moreover, as the technology continues to evolve, the gaming industry will witness significant changes thus aiding the demand spur of tilt sensors over the forecast period. For instance, virtual reality and augmented reality in gaming has transformed the gaming industry drastically. The growth of the MEMS technology can be credited to its wide adoption in various verticals due to its small size and low cost. The tilt sensors based on power balance technology has great precision level. However, tilt sensors sensors are costlier than other technologies, such as MEMS and fluid filled types. This is one of the major factors limiting the growth of the tilt sensors market.
Region-wise, North America is estimated to capture maximum tilt sensors market share over the forecast period whereas Asia-Pacific (APAC) is anticipated to grow at significant CAGR over the forecast period. A significant number of mining and construction equipment, automotive and aerospace manufacturers are located in North America and APAC regions. These market participants are prominent end users of tilt sensors and are leading the growth of the tilt sensors market in North America and APAC.
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Moreover, the governments in both these regions, especially in APAC, are making significant investments for infrastructural development, which is expected to indirectly create growth potential for tilt sensors market in APAC. Latin America and Western Europe are expected to show marginal growth prospects in the tilt sensors market. Middle East & Africa region, owing to low automotive and electrical appliances production, is anticipated to witness slow growth in the tilt sensors market.
Tilt sensors Market: Market Participants
Examples of some of the market participants/vendors identified across the value chain of the tilt sensors market across the globe are:
Fredericks Company
Rieker Inc.
RST instruments Ltd.
Level Developments Ltd.
Spectron Sensors
Tamagawa Seiki Co. Ltd.
Memsic Inc.
Aeron Systems
TE Connectivity
Sparfun Electronics
HK Shan Hai Group Limited
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
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Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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