According to a new report, published by KBV research, The Global Tilt Sensors Market size is expected to reach $426.5 million by 2030, rising at a market growth of 8.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 13,924.5 thousand units experiencing a growth of 10.8% (2019-2022).
These sensors, also known as inclinometers, are critical components in various industries and applications where precise measurement of tilt angle or inclination is essential. These sensors are vital in detecting orientation changes, monitoring structural stability, ensuring safety, and facilitating precise control of various equipment and systems. The adoption of these sensors has been steadily increasing across various industries and sectors, driven by their versatility, reliability, and precision.
Nowadays, these sensors serve as integral components in applications where safety is paramount. For instance, in the automotive industry, these sensors are used in vehicle stability control systems to detect and mitigate rollover risks, enhancing driver safety and vehicle stability. Similarly, in construction machinery, these sensors monitor stability and prevent tip-over accidents, ensuring a safe working environment for operators and bystanders.
The Non-Metal segment is registering a CAGR of 8 % during the forecast period. Non-metal tilt sensors, typically made of plastic, ceramic, or composite materials, offer excellent corrosion resistance compared to metal sensors. This makes them ideal for harsh environments where exposure to moisture, chemicals, or corrosive substances could degrade sensor performance over time. Therefore, the corrosion resistance property of the non-metal is driving the segment’s growth.
The Solid State (MEMS) segment led the Global Tilt Sensors Market by Technology in 2022; thereby, achieving a market value of $306.5 million by 2030. MEMS-based tilt sensors offer high accuracy, sensitivity, and reliability, making them suitable for precision measurement and control applications. These sensors utilize microfabrication techniques to manufacture highly precise microscopic mechanical structures, resulting in consistent performance and low error rates. As a result, MEMS tilt sensors are widely used in applications where precise measurement of tilt angles and orientation is essential.
The Construction & Mining segment is growing at a CAGR of 7.4 % during the forecast period. Safety is paramount in the construction and mining industries due to the hazardous nature of the work environment and the heavy machinery involved. Tilt sensors enhance safety by monitoring equipment’s inclination, orientation, and stability such as excavators, bulldozers, and cranes. The increasing number of mining accidents is propelling the implementation of tilt sensors in mining equipment.
Full Report: https://www.kbvresearch.com/tilt-sensors-market/
The Asia Pacific region dominated the Global Tilt Sensors Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $165.2 Million by 2030. The Europe region is anticipated to grow at a CAGR of 8.1% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 7.9% during (2023 - 2030).
By Material Type (Volume, Thousand Units, USD Million, 2019-2030)
By Technology (Volume, Thousand Units, USD Million, 2019-2030)
By Application (Volume, Thousand Units, USD Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Million, 2019-2030)
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