Shutter Sensors Market Projected to Witness a Single-Digit CAGR During 2017-2027

Shutter Sensors Market: Introduction

Shutter sensors are simple magnetic contact sensors that monitor the roller shutter when connected with an alarm system. Self-calibrating algorithm for professional reliability, advance microprocessor design for minimizing overall sensor size, and rugged metallic encasing for harsh use are some of the features owing to which the market of shutter sensors is expected to gain traction during the forecast period. Furthermore, wireless shutter sensors as a result of technology advancement provide better quality and reliability, with its easy installation comes as an accessory for the GSM-based Burglar alarm system. Shifting focus of manufacturers for designing shutter sensors with compact design and enabling long-distance transmission are some of the other driving factors responsible for the growth of the shutter sensors market. Aluminum and Acrylonitrile Butadiene Styrene (ABS) are the two major types of materials used for manufacturing shutter sensors, which improve the quality and reliability. Moreover, shutter also finds its enhanced functionality in space cameras, where the rolling shutter is presented by the image sensor, through which one can modify signaling scheme and clocking. The only drawback of this type of shutter sensor is the decreased frame rate and increase in noise which can greatly impact the overall functionality of the shutter sensors. With the growing awareness among consumers for high security and safety, the global shutter sensors market is expected to grow at a significant rate during the forecast period.

Shutter Sensors Market: Dynamics

The global shutter sensors market is estimated to grow at a significant rate during the forecast period owing to its simple & compact design, and low cost. Furthermore, better reliability due to self-calibrating algorithm, and rugged metallic encasing are some of the other factors driving the growth of the global shutter sensor market over the forecast period. Moreover, long-distance transmission and high-quality features further enable shutter sensors to gain traction and witness significant share in the shutter sensors market over the forecast period. Application of magnets in shutter sensors help to detect an intruder before he/she enters the protected premises and easy 90 degree movement of the fixed frame are factors further expected to drive the growth of global shutter sensors market during the forecast period.

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Shutter Sensors Market: Segmentation

The global shutter sensors market can be segmented based on material type, range, product type and application.

By material type, the global shutter sensors market is segmented into:

Aluminum
ABS
Stainless steel
Others

By range, the global shutter sensors market is segmented into:

Less than 30 mm
30 mm – 60 mm
Above 60 mm

By product type, the global shutter sensors market is segmented into:

Wired Shutter sensors
Wireless Shutter sensors

By application, the global shutter sensors market is segmented into:

Residential
Commercial
Industrial

Shutter Sensors Market: Region-wise Outlook

North America is estimated to dominate the global shutter sensors market owing to high security in government premises and growing awareness among consumers for household applications. Europe is expected to account for significant share in the global shutter sensors market owing to construction projects after the recession year and is estimated to witness relatively steady growth owing to less infrastructure activities for now as compared to other regions. Furthermore, MEA and Asia Pacific are expected to register substantial growth owing to growing awareness among the government and local public regarding safety. Latin America is estimated to register considerable growth owing to growing economy of Mexico and high alertness in the countries of the region. Upcoming upgradation of infrastructure facilities in government offices, malls, and offices are the major factors attributed towards the steady growth the market of Japan during the forecast period.

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Shutter Sensors Market: Key Players

Examples of some of the key players in the global shutter sensors market are:

Mouser Electronics
STEMMER IMAGING Ltd.
Basler AG
Macnica UK Ltd.
OPTEX CO., LTD.
PARASNATH ELECTRONICS PVT. LTD.
MANGAL SECURITY PRODUCTS
Sensor Technologies America, Inc.
New Imaging Technologies (NIT)
S. Electrosecure

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This release was published on openPR.