DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Tilt Sensor Market by Housing Material Type (Metal, and Nonmetal), Technology (Force Balance, MEMS, and Fluid Filled), Vertical (Mining & Construction, Automotive & Transportation, Telecommunications), and Geography - Global Forecast to 2023" report to their offering.
The tilt sensor market was valued at USD 150.8 Million in 2016 and is expected to reach USD 260.3 Million by 2023, at a CAGR of 8.17% during the forecast period. The growth of this market is being propelled by the growing demand for these sensors, especially from the mining and construction, aerospace and defense, and automotive and transportation verticals.
The report covers the tilt sensor market on the basis of housing material type, technology, vertical, and geography. The said market is expected to be led by tilt sensors with nonmetal housing material during the forecast period. The growth of this market is being propelled by the high demand for tilt sensors with plastic housing material.
The mining and construction vertical accounted for the largest share of the overall tilt sensor market. These sensors are being used in a number of mining and construction equipment and machines such as drilling machines, mobile and stationary cranes, and structural monitoring systems. Hence, the mining and construction vertical has a dominant position in the market.
The tilt sensor based on MEMS technology is expected to witness a significant growth in this market during the forecast period. The small size and low cost of this sensor is the major factor leading to its high growth rate in the said market.
- Asm Gmbh (Germany)
- Balluff Gmbh
- Baumer (Switzerland)
- Dis Sensors Bv
- Di-Soric Gmbh & Co. Kg (Germany)
- Elobau Gmbh (Germany)
- Gefran S.P.A. (Italy)
- Gemac (Germany)
- Geokon, Inc. (Us)
- Ifm Electronic Gmbh
- Jewell Instruments Llc
- Level Developments Ltd
- Meggitt Plc (Uk)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Tilt Sensor Market, By Technology
7 Tilt Sensor Market, By Housing Material Type
8 Tilt Sensor Market, By Vertical
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/xflm8n/tilt_sensor