Market Research Future published a research report on “Inclinometers Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Highlights
One of the major trends in the inclinometer market is a progression in MEMS packaging. Growing MEMS packaging industry is resulting in an increased need for reducing the size and integrate up to 9-axis sensors in a single package. Additionally, the increased adoption of smart lifestyle wearable devices and growing demand for sensors in smart factories and industrial automation are some of the factors tend to drive the market. Various enterprises such as Google, Apple, and Samsung are highly focused on consumer wearable electronic devices. They are implementing the tilt sensors, inclinometers for augmented reality and virtual reality headsets, smart watches, and smart glasses.
The rising smart factories are driving the growth of the automation and robot enabled workplaces/factories. The Inclinometers are largely adopted by these factories in order to increase the flexibility and efficiency of the production. Additionally to decrease processing time, and increase the capacity of the production plant in utilizing resources. The global inclinometer market is segmented into axis, the output signal, technology, and application.
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Leading Segments
In terms of the axis segment, the Inclinometers market has included 1 – axis, and multi-axis.
In terms of the output signal segment, the Inclinometers market has included analogue signals, digital signal, and TTL signals.
In terms of the technology segment, the Inclinometers market has included electrolytic, MEMS, capacitive, closed-loop gravity, and others.
In terms of the application segment, the market has included electronic equipment manufacturing, construction, industrial robots, industrial automation, aviation and defence, marine, and automotive applications.
Leading Regions
The global inclinometers market has studied among the regions like Europe, North America, Asia Pacific and rest of the world.
Among these regions, North America was leading with the highest market share in 2016 and is likely to expand appreciably during the assessment period. North America is intimately followed by Europe and was the second-largest market in 2016.
However, the Middle East & Africa, and Asia Pacific regions are likely to show the top growing regions during the forecast period. The inclinometers are highly used in automotive, constructions, and the consumer electronics industry. These industries are likely to rise in parts of Asia Pacific, covering countries like India, Taiwan, and South-East Asia. On the other hand, the Middle East countries such as the UAE, Saudi Arabia, and Oman are moving towards infrastructural development at a rapid pace.
Top Players
The global inclinometers market hold some of the prominent players such as TE Connectivity Ltd. (Switzerland), Sherborne Sensors Limited (U.K), Analog Devices, Inc (U.S.), Geokon, Incorporated (U.S.), Parallax Inc (U.S.), Murata Manufacturing Co., Ltd (Japan), Altheris sensors & controls (Netherlands), Agisco S.R.L (Italy), BDC Electronic (Italy), and BeanAir GmbH (Germany).
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