End User (Mining & Construction, Aerospace & Defense, Automotive & Transportation, Telecommunication)
Based on end user, the automotive & transportation sector is attributed to hold 35% share of the global tilt sensor market during the forecast period. In the automobile industry, the use of tilt or inclination sensor is growing. These are mostly utilized in conjunction with gyroscopes to increase passenger safety and vehicle efficiency. Tilt sensor are used in automobiles for a variety of functions, such as idle stop-start, electronic stability control, roll over detection, and electronic parking brakes. In addition, the automotive sector is making progress in the direction of developing driverless cars. Both the production and acceptance rates of these cars have increased dramatically in recent years. For instance, BMW opened a new plant in March 2019 to begin producing electric vehicles with autonomous capabilities. According to UBS, by 2030, sales and manufacturing of AV are anticipated to reach USD 243 billion. In addition, the application for dynamic headlight levelling, hill-start assistance, and ADAS and inertial navigation has expanded due to the growing investments made by automakers in vehicle automation. Mercedes, for example, has created headlights that adjust to the inclination of curves on the road. The business has tilt sensor in place for this automation.
Technology (Force Balance, MEMS, Fluid Filled)
Based on technology, the MEMS segment in the tilt sensor market is expected to hold the largest share of about 50% during the forecast period. Solid-state electromechanical MEMS sensor have inbuilt signal conditioning and are easy to install, but most applications struggle to attain precision due to the extremely high thermal coefficients of these sensor. Because of their compact size, they easily fit into the device or part required to measure tilt angles. Solid-state tilt sensor are therefore in great demand, and the market is expected to dominate for the estimated duration.
Our in-depth analysis of the global tilt sensor market includes the following segments:
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Author Credits: Abhishek Verma
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