Tilt Sensors Market By Technology, Application, Housing Material Type And Segments Till 2025 “The global tilt sensor market is likely to account for USD 288.7 million by 2025. The market is anticipated to expand at 8.9% CAGR over the forecast duration. These sensors help in measuring the angular inclination of equipment or vehicles, thereby, altering operators or drivers about probable incidents. The adoption of tilt sensors has increased owing to the increasing focus on safety in construction equipment and automobile.”
The global tilt sensor market is likely to account for USD 288.7 million by 2025. The market is anticipated to expand at 8.9% CAGR over the forecast duration. These sensors help in measuring the angular inclination of equipment or vehicles, thereby, altering operators or drivers about probable incidents. The adoption of tilt sensors has increased owing to the increasing focus on safety in construction equipment and automobile. Owing to the increase in the number of incidents due to tilting and rolling over, regulatory bodies are making it mandatory to use tilt sensors in various applications like transportation, aerospace & defense, mining and construction. This factor is further estimated to supplement the market growth of tilt sensors. In addition, due to the rising investment in various infrastructural projects, mining industry, transportation sectors and construction sector, the market is projected to gain further traction over the next six years. Aerospace & defense sector is likely to drive the tile sensors to demand owing to the heavy investment made by the government in this sector to develop aircraft, launches, armored vehicles and weapon platforms. Asia Pacific accounted for the highest share in the market in 2018, and the region is estimated to continue its dominance over the forecast years. Rapid growth in the construction, automobile, mining and aerospace & defense sector is attributing to this growth. Further, it is predicted that the prices of the tilt sensor would reduce over the next few years, which, in turn, would drive the regional growth.
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