The Asia Pacific Shock Sensors Market would witness market growth of 18.5% CAGR during the forecast period (2019-2025).
Market growth is witnessing significant growth due to the increasing use of smartphones and personal computers over the past few years. Most established manufacturers provide remote monitoring and proactive maintenance facilities to allow businesses to monitor machine operation, recognize technical issues, and schedule maintenance via smartphones or computers. These facilities considerably decrease the likelihood of unexpected machine breakdowns and allow businesses to improve the uptime of the system.
The rapid growth of the retail sector has also resulted in increased use in this industry of these sensors. In residential and commercial buildings, burglar alarms and automobiles, shock sensors are also used as glass-break sensors to activate an alarm in case of forced entry. The various uses of these sensors are anticipated to further boost the sales of these products in the consumer electronics segment. A significant aspect that has become common is the integration of information collected in a multi-environment configuration by shock sensors and other sensors to provide advantages for Product-as-a-Service (PaaS).
Based on Material, the market is segmented into Quartz, Tourmaline and Gallium Phosphate & Others. Based on Type, the market is segmented into Piezoelectric, Piezoresistive, Strain Gage, Capacitors and Others. Based on End User, the market is segmented into Automotive, Aerospace, Industrial, Consumer Electronics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Murata Manufacturing Co., Ltd., Honeywell International, Inc., TE Connectivity Ltd., MTS Systems Corporation, Dytran Instruments, Inc., Mobitron AB, Meggitt PLC, SignalQuest LLC, Climax Technology Co., Ltd. and SpotSee, Inc.
Market Segmentation:
By Material
By Type
By End User
By Country
Companies Profiled
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