Press release
Tilt Sensor Market 2021 Precise Outlook - TE Connectivity, Sick AG, Murata Manufacturing Co., Ltd., Pepperl+Fuchs Vertrieb GmbH & Co.
The Tilt Sensor Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Tilt Sensor market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Tilt Sensor market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Tilt Sensor market.The tilt sensor market is expected to register a CAGR of 8.5% over the forecast period (2021 - 2026).
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Top Leading Companies of Tilt Sensor Market are - TE Connectivity, Sick AG, Murata Manufacturing Co., Ltd., Pepperl+Fuchs Vertrieb GmbH & Co. Kg, Level Developments Ltd, IFM Electronic GmbH, Balluff GmbH, Jewell Instruments LLC, The Fredericks Company, DIS Sensors Bv, MEMSIC, Inc, Gefran and others.
Industry News and Updates:
- May 2019- Pepperl+Fuchs Vertrieb GmbH & Co. Kg introduced its latest high-precision inclination sensor F199. It is designed with a rugged design and is capable of measuring angles from 0 to 360 with less than 0.01 resolution and absolute accuracy of 0.15 across the entire measuring range.
- April 2019- TE Connectivity announced to sign a definitive agreement to acquire the Kissling group of companies (Kissling or Kissling Group), a provider of high- power relays and ruggedized switches used in the commercial vehicle, transportation, industrial, military and aviation industries as well as other applications.
Key Market Trends:
Demand from Automotive and Transportation Segment to Grow Significantly.
- The application of tilt or inclination sensors is increasing in the automotive. These are being used along with gyroscopes primarily for improving safety for the passengers and towards improving the vehicle efficiency. The application of tilt sensor in the automotive are used various application including, electronic parking brake, roll over detection, electronic stability control, idle stop-start, among other.
- Additionally, with the increasing investments by the automotive companies for automation in the vehicles, the application has more widened for ADAS & intertial navigation, hill-start assistance, and dynamic headlight leveling. For instance, Mercedes has developed self-leveling headlights to adapt with the inclination turns on the road. For the same, the company has deployed tilt sensors for this automation.
Asia Pacific Region is Expected to Hold the Largest Market Share
- The tilt sensor market in the Asia-Pacific region is expected to dominate the market due to significant increase in the investments for the development of infrastructure, aerospace and defense, and telecom industry along with the presence of strong semiconductor market in the region especially driven by China, Japan, and South Korea.
- Additionally, India is one of the major economies which is driving the demand in the region. The country's power and cement industries are expected to aid the metals and mining sector; the country is also observing an increase in demand for iron and steel. The demand is expected to drive the market for construction and mining equipment resulting in growth in the demand for precision sensors like tilt sensors.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Tilt Sensor Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Tilt Sensor Market (%),2016 - 2026
- Tilt Sensor Market Share, By Brand
- Tilt Sensor Market Share, By Company
- Tilt Sensor Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Tilt Sensor Market Value Analysis & Forecast
- Promising Tilt Sensor Development by Major Companies
- Detailed Tilt Sensor Portfolio of the Major Companies
- Major Deals in the Tilt Sensor Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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