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Tilt Sensor Market – Growth, Trends, Impact of COVID-19 and

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New York, April 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Tilt Sensor Market – Growth, Trends, COVID-19 Impact, and Forecasts (2022 – 2027)” – https://www .reportlinker .com/p06271890/?utm_source=GNW

Highlights
The use of tilt sensors for detecting the angular position or leveling of mobile machinery is growing as the importance and requirement of horizontal and vertical alignment for the reliable operation of plants and machinery increases. . Tilt sensors measure the angle of the respective object with respect to gravity.
With the development of MEMS technology in the sensor market along with miniaturization, the level of adoption has increased over the years for tilt sensors. The demand for tilt sensors has expanded for applications in all fields, including aerospace, automotive, telecommunications as well as gaming applications, which have recently grown in popularity.
Although cross-border investment has been diluted recently due to the global economic slowdown, the real estate sector and architectural investments from governments are fueling the growth of the construction industry, fueling the demand for construction equipment and the application of precision sensors. such as tilt sensors. in the industry has expanded.
In addition to the increasing demand for tilt or tilt sensors based on MEMS, the use of tilt sensors based on the principle of force balance has been limited due to their high cost. This is one of the factors that impact the growth of the market.
In the agriculture industry, worker safety remains a top priority. Agricultural vehicles such as tractors, cranes, man lifts, all-terrain vehicles and lifting platforms must be operated safely to avoid injury to the operator or bystanders.
Moreover, the reliance of these industries on the use of autonomous control functions has increased significantly over time. Due to these features, along with the growing demand for vehicle efficiency, safety and comfort, sensors focused on tip-over protection, platform leveling and tilt warnings have become important. in these industries.

Main market trends

Demand from automotive and transportation segment will increase significantly

The application of tilt or tilt sensors is increasing in automotive. These are used with gyroscopes primarily to improve passenger safety and to improve vehicle efficiency. The application of tilt sensors in automotive is used in various applications including electronic parking brakes, roll detection, electronic stability control, and idle stop-start, among others.
Additionally, with increasing investments by automakers in vehicle automation, the application has expanded for ADAS and inertial navigation, hill-start assist, and dynamic headlight leveling. For example, Mercedes has developed self-leveling headlights to match the steepness of bends in the road. For the same, the company has deployed inclination sensors for this automation.
In addition, the automotive industry is making great strides towards the development of autonomous vehicles. The rate of production and adoption of these vehicles has grown rapidly in recent years. For example, in March 2019, BMW started its new manufacturing facility for self-driving electric cars. UBS also said AV production and sales revenue is expected to reach $243 billion by 2030.
In addition, we also see that the demand for MEMS sensors will increase to solve the problems of vehicle inclination angles and avoid car theft by towing; a tilt detection system equips modern cars. MEMS sensors are becoming a better solution than electrolytic fluid tilt sensors because these sensors have a 3-axis MEMS accelerometer used to measure the tilt angle relative to the ground.
For example, in January 2022, Aceinna Inc. announced sensors such as INS401 INS and GNSS/RTK, a turnkey solution for precise positioning of autonomous vehicles. The INS401 is part of Aceinna’s new product portfolio that provides high-accuracy, high-integrity location tracking for developers and manufacturers of advanced driver assistance system (ADAS) and autonomy solutions. for vehicles of all types.
Further investment and expansion plans in these developments are expected to continue over the forecast period, which is expected to drive the demand for tilt sensors in the industry.

The 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 a significant increase in investment in infrastructure development, aerospace & defense and telecommunications industry, as well as the presence of a strong semiconductor market in the region. particularly driven by China, Japan and South Korea.
Moreover, India is one of the major economies driving the demand in the region. The country’s energy and cement industries are expected to help the metals and mining sector; the country is also seeing an increase in demand for iron and steel. The demand is expected to drive the construction and mining equipment market leading to growth in demand for precision sensors such as tilt sensors.
According to IBEF, India produces 95 minerals, four fuel-related, ten metallic minerals, 23 non-metallic minerals, three atomic minerals and 55 minor minerals. The country is the third largest producer of coal and the fourth of iron ore. Due to these factors, the country is among one of the largest markets for mining equipment.
In addition, Chinese demand for sensors has multiplied in recent years. Production and demand will continue to grow over the next decade. The Chinese economy has maintained rapid growth for more than 20 years, driven by a steady increase in industrial production, imports and exports, consumption and capital investment in the construction industry.
Additionally, China has a large audience of smartphones and other consumer electronics. Therefore, the growth of Inclination Sensor end-user industries are analyzed to propel the Sensor market.
Companies in China focus on expanding their business by innovating new products and supplying them. For example, in November 2020, the Zhichuan tiltmeter empowered the Indonesian gold mine known as Martabe Gold Mine. To achieve “zero accidents” for employees and contractors and strive to reduce the risk of accidents, Agincourt Resources has a Martabe Gold Mine Safety Management System with a ZC ZCTCX300 sensor wireless remote inclinometer monitoring system.
In addition, Japan makes important contributions and the region and many others; it is home to a variety of well-known automotive and transportation companies, aerospace and defense companies, as well as mining and construction companies. This is another factor driving the growth of the market in the region.

Competitive landscape

The tilt sensor market is moderately fragmented due to the presence of numerous large companies in the market offering the products. These companies continuously invest in creating strategic partnerships and developing products to gain more market share. Some of the companies recent developments are listed below.

January 2022 – ComNav Technology announced an upgrade to the global market T300 and T300 Plus GNSS receivers, including an upgrade to the new GNSS-K8 platform for both receivers and a tilt sensor replacement for the T300 Plus IMU module.
December 2021 – Yokohama National University has developed a tilt sensor that uses conductive liquid material that captures digital binary signals. The device was able to capture tilt information using binary signals such as DC on/off status, allowing the group to simultaneously measure tilt angle and orientation in two dimensions.

Additional benefits:

The Market Estimate (ME) sheet in Excel format
3 months of analyst support
Read the full report: https://www.reportlinker.com/p06271890/?utm_source=GNW

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