Tilt Sensor Market: Region, Key Players, Competition and Forecast to 2023

Pune, India, 14th June 2018: WiseGuyReports announced addition of new report, titled “Global Tilt Sensor Market Analysis & Forecast 2017 To 2023”.

Pune, India - June 14, 2018 /MarketersMedia/ —

Market Scenario:
Tilt sensors can be explained as a device which helps to produce an electrical signal in an angular manner. The sensors provides information about the vertical as well as horizontal inclination of the device so that it can easily understand how to tackle the obstacles. Tilt sensors plays a vital role in various applications for instance, to understand how to assist the driver while turning the steering of the vehicle.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/2318828-global-tilt-sensor-market-analysis-forecast-2017-to-2023

The global tilt sensor market is a very dynamic market and is expected to witness stable growth over the forecast period. The growth of the tilt sensor market is influenced by the increasing usage of tilt sensors in the construction & mining equipment’s, high implementation of these sensors in the gaming sectors and increasing adoption of non-metallic materials in different end-users industries. Furthermore, high implementation of tilt sensors MEMS technology in tilt sensors is expected to boost the growth over the forecast period. However, the complexity of technologies and high costs are the factors hindering the growth of the tilt sensor market.
The global tilt sensor market is estimated to grow from USD 167.66 million in 2017 to USD 257.64 million by 2023, growing at a CAGR of 7.42% from 2017 to 2023.

Objective Study of Tilt Sensor Market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global tilt sensor market.
• To provide insights about factors affecting the market growth.
• To analyze the global tilt sensor market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by type, end-users and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Tilt Sensor market.

Segments
For the purpose of this study, Market Research Future has segmented the market of Tilt Sensor into type, end-users and region.

Type-
• Switch Based Tilt Sensors
• Proportional Tilt Sensors
• Optical Tilt Sensor
End-users-
• Mining
• Construction
• Automobile
• Transportation
• Robotics
• Gaming
• Aviation
• Others

Key Players
The key players in the global tilt sensor market include- Pepperl+Fuchs Vertrieb GmbH & Co. KG (Germany), TE Connectivity Ltd. (Switzerland), MEMSIC, Inc (U.S.), SICK AG (Germany), Murata Manufacturing Co., Ltd. (Japan), Level Developments Ltd. (UK), Spectron Sensors (U.S.), Tamagawa seiki Co,.Ltd (Japan), The Fredericks Company (U.S.) among others.

Regional Analysis-
North America is the leading economy in tilt sensor market followed by Europe. However, Asia-Pacific is the fastest growing economy in the market majorly due to growing automotive sector and increasing demand from the construction sector. Also, Middle East & Africa has a slow economic growth.
In 2017, North America is estimated to generate the largest revenue of USD 53.23 million followed by Europe with USD 49.92 million generated in 2017. This trend is projected to change by 2023, where Asia-pacific would raise its revenue to USD 78.92 million from USD 46.48 million in year 2017. Asia-Pacific is predicted to show a high revenue growth at a CAGR of 9.22% from 2017 to 2023. Middle East & Africa is expected to grow with slow growth rate of 3.93% during forecast period 2017 to 2023.

Key Findings-
• Global Tilt Sensor market has reached USD 167.66 million in 2017 and is projected to exhibit USD 257.64 million by the end of 2023 with a growing CAGR of 7.42%.
• By type segment, the switch based tilt sensor segment among all is growing with a highest revenue value of USD 59.99 million in 2017 and it is estimated to reach USD 93.09 million by the end of 2023 and the segment is estimated to grow with CAGR of 7.60%
• By application segment, the Aviation segment accounted for the largest market share with a revenue of USD 29.71 million in 2017 and is estimated to reach USD 51.22 million by the end of 2023 with a CAGR of 9.50% over the forecast period.
• By region, in 2017, North America is estimated to generate the largest revenue of USD 53.23 million and expected to reach USD 83.53 million by 2023, with 7.80% CAGR followed by Europe. Asia-Pacific is growing with a CAGR of 9.22% thereby would increase its revenue from USD 46.48 million to USD 78.92 million by 2023.

Table of Content: Key Points
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Executive Summary
5 Market Factor Analysis
6 Global Tilt Sensor Market, By Type
7 Global Tilt Sensor Market, By Application
8 Global Tilt Sensor Market, By Region
9 Competitive Landscape
10 Company Profile
…Continued

ACCESS REPORT @ https://www.wiseguyreports.com/reports/2318828-global-tilt-sensor-market-analysis-forecast-2017-to-2023

Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

Contact Info:
Name: Norah Trent
Email: sales@wiseguyreports.com
Organization: WiseGuy Reports
Address: WISEGUY RESEARCH CONSULTANTS PVT LTD Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +91 841 198 5042

Source URL: https://marketersmedia.com/tilt-sensor-market-region-key-players-competition-and-forecast-to-2023/360073

For more information, please visit http://www.wiseguyreports.com

Source: MarketersMedia

Release ID: 360073

Latest News

Dig it: Archaeologists scour Woodstock '69 concert field

Jun 21, 2018

BETHEL, N.Y. — Archaeologists scouring the grassy hillside famously trampled during the 1969 Woodstock music festival carefully sifted through the dirt from a time of peace, love, protest and good vibes. Perhaps they would find an old peace symbol? Or a strand of hippie beads? Or Jimi Hendrix's guitar pick? The five-day excavation did reveal some non-mind blowing artifacts: parts of old aluminum can pull tabs, bits of broken bottle glass. But the main mission of Binghamton University's Public Archaeology Facility was to help map out more exactly where The Who, Creedence Clearwater Revival, Janis Joplin and Joe Cocker wowed...

Peter Fonda apologizes for 'vulgar' Barron Trump tweet

Jun 21, 2018

NEW YORK — Peter Fonda apologized Wednesday for a late-night Twitter rant in which he suggested 12-year-old Barron Trump should be ripped from "his mother's arms and put in a cage with pedophiles." The all-capitals tweet in the wee hours went on to call President Donald Trump an expletive. The actor later deleted the tweet and drew sharp rebukes from first lady Melania Trump and Donald Trump Jr. The two-time Oscar nominee, brother of Jane Fonda and son of Hollywood legend Henry Fonda said in a statement hours later that he was upset over children separated from their parents on...

Behind the making of Jack-Jack, the summer's breakout star

Jun 21, 2018

NEW YORK — The breakout star of the summer moviegoing season isn't a dinosaur, an Avenger or anyone aboard the Millennium Falcon. It's a giggling pipsqueak in diapers. "The Incredibles 2," which last weekend set a new box-office record for animated films with $182.7 million in ticket sales, has been a coming out party for Jack-Jack, the seemingly all-powerful baby of the Parr family. Jack's superhero powers were teased in 2004's original, but, they were, crucially, kept out of view from his family members. "The Incredibles 2," though, is a runaway-train of Jack-Jack revelations. Just as infants half-consciously babble and...

AMC Theatres unveils $20-a-month rival to MoviePass

Jun 21, 2018

NEW YORK — AMC Theatres, the world's largest movie theater chain, on Wednesday unveiled a $20-a-month subscription service to rival the flagging MoviePass. The theater chain announced a new service to its loyalty program, AMC Stubs, allowing subscribers to see up to three movies a week for a monthly fee of $19.95. That's more expensive than the $9.95 monthly fee for MoviePass, but AMC's plan gives access to premium format screenings like IMAX and 3-D. The new subscription service is the latest salvo in a heated battle for what the movie business most craves: frequent moviegoers. AMC has been a...

Paris Fashion Week menswear kicks off with Milan's Off-White

Jun 21, 2018

PARIS — The fashion circus of magazine editors, bloggers, photographers and buyers cried "Bonjour Paris" Wednesday as the first full day of menswear fashion shows kicked off in the French capital. Edgy brand Off-White drew renewed attention at its show, thanks to the meteoric rise of its African-American designer Virgil Abloh — now chief of Louis Vuitton menswear. While, Valentino brought in the celebrities. Some highlights of the spring and summer menswear shows: PROUD FAMILY AT OFF-WHITE The parents of American-Ghanaian designer Virgil Abloh were the image of pride as they sat front row at Off-White — the Milan-based house...

Search
Broaden

Asean Scoop delights in the creative world of the Entertainment industry providing an inside look on various aspects.

Contact us: sales@aseanscoop.com