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

Honda put off retirement to sign A-League deal

Aug 15, 2018

MELBOURNE, Australia — Japan star Keisuke Honda says he planned to retire after this year's World Cup but changed his mind when offered a contract by the Melbourne Victory in Australian football's A-League. Already retired from international football, 32-year-old Honda said he intended to end his playing career before coach Kevin Muscat lured him to the Victory on a one-year contract worth a reported $2.9 million. "I was thinking to quit my career after the World Cup but lucky this club made me a great offer that's changed my career," Honda said. "I changed my mind after I spoke to...

Muguruza, Ferrer to play for Spain at Hopman Cup

Aug 15, 2018

PERTH, Australia — Two-time grand slam champion Garbine Muguruza will team with veteran David Ferrer in a strong Spanish pairing at the Hopman Cup mixed teams tennis tournament in Perth from Dec. 29. Ninth-ranked Muguruza and former World No. 3 Ferrer are among players making their debuts at the tournament, a major lead-up event for the first grand slam of the season, the Australian Open. Rising Greece star Stefanos Tsitsipas, ranked 15, will also make his Hopman Cup debut alongside 31-ranked Maria Sakkari. Playing at the Canadian Open last week Tsitsipas, 21, became the youngest player in the history of...

Koreas extend conciliatory steps to Asian Games

Aug 15, 2018

SEOUL, South Korea — With the Koreas, there's no separating their sports from their politics. The war-separated rivals will take their reconciliation steps to the Asian Games in Jakarta and Palembang, Indonesia, where they will jointly march in the opening ceremony and field combined teams in basketball, rowing and canoeing. "Sports have played the role of peacemaker between the Koreas," said Kim Seong-jo, vice chairman of South Korea's Olympic committee and the country's chef de mission at the Asian Games. "If the combined teams put out good performances and win medals, that would be putting the cherry on the top."...

Women's volleyball captain Zhu leads China into Asian Games

Aug 15, 2018

BEIJING — A towering volleyball player who makes her living in Turkey is the unrivalled star of China's squad at the Asian Games in Indonesia. Zhu Ting is something of an anomaly in China's sporting world, which still largely relies on its highly disciplined and deeply nationalistic sports academies to produce champions who dominate at events such as the Asiad. Her professional success demonstrates how its athletes are looking for new avenues to develop their talents, and sports administrators are hoping that will spark a resurgence in the country's fortunes after China placed third in the medal standings at the...

Australian golfer Jarrod Lyle dies after long cancer battle

Aug 15, 2018

MELBOURNE, Australia — With a contagious smile, a sense of humor and a deep determination to keep playing golf, Jarrod Lyle endeared himself to people around the world during a long struggle against cancer. The 36-year-old Australian golfer died Wednesday night at his home near Melbourne among family and close friends, the week after opting to forego further treatment and enter palliative care. "It breaks my heart to tell everyone that Jarrod is no longer with us," his wife, Briony Lyle, said in a statement released by Golf Australia on Thursday. "He asked that I provide a simple message: 'Thanks...

Live Score

www.unogoal.xyz