Global Inclinometers Market 2017-2021

Overview of the global inclinometers market

Technavio’s market research analyst predicts the global inclinometers market to grow steadily and project a revenue of above USD 3 billion by 2021. One of the primary drivers for this market is the high rate of adoption of micro-electro-mechanical systems (MEMS) in consumer electronic devices. MEMS in mobile devices are used to tap, scroll, tilt, rotate, and switch from horizontal and vertical displays. Applications such as GPS and gaming, which employ motion sensors, are popular among smartphone and tablet users. For instance, these sensors when used in GPS applications help consumers get directions and estimates on distances even in remote locations. Also, microphones drive a large part of the MEMS market for mobile devices. These are used for providing high-definition audio quality for video recording. They also improve the accuracy of voice command functions. These advantages of MEMS will augment growth in the global inclinometers market during the forecast period.

One of the latest trends gaining traction in this market is the rapidly growing demand for sensors in smart factories. Manufacturing-based countries such as Germany and China have started to automate their existing factories to stay ahead of the competition. Automation enables better communication and precise coordination within factories and ensures flexibility in their underlying processes. They tend to automate end-to-end processes by using sensors, robots, wireless systems, enterprise software, and automation solutions like distributed control system (DCS), programmable logic controller (PLC), and supervisory control and data acquisition (SCADA). Also, the concept of robotic factories is also gaining significance with some companies opting for complete robotization in their factories. This will, in turn, propel the market growth of the global inclinometers market in the coming years.

Competitive landscape and key vendors

The global inclinometer market is highly consolidated due to the presence of few vendors holding major share of the market. The primary objective of the major companies is to support and drive the long-term sustainable growth of themselves and the economy. To survive the competition, the established players must continue innovating strategies to enhance market performance while preserving quality and reducing the price of their millimeter wave technology equipment.  

Leading vendors in the market are –

• WaySen
• Sherborne Sensors
• TE Connectivity

Other prominent vendors in the inclinometers market include GEOKON, Tokyo Sokki Kenkyujo, and Rieker.

Segmentation by application and analysis of the inclinometers market

• Construction
• Automotive
• Consumer electronics

During 2016, the construction industry dominated the inclinometers market and accounted for a major part of the overall market share. The high use of inclinometers for slope measurement, especially slopes of driveways, roads, concrete slabs, pipes, grades, handicap ramps, and drainage ditches are the major factor contributing to the dominance of this segment in the global market.

Geographical segmentation and analysis of the inclinometers market

• Americas
• APAC
• EMEA

In this market study, analysts have estimated APAC to dominate the inclinometers market during the forecast period. The concentration of TV, smartphone, tablet, portable gaming console, and other consumer electronics manufacturers in the region is the primary reason for the growth of the inclinometer market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global inclinometers market?
• What are the key market trends impacting the growth of the global inclinometers market?
• What are the challenges to market growth?
• Who are the key vendors in the global inclinometers market?
• What are the market opportunities and threats faced by the vendors in the global inclinometers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global inclinometers market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Mobile Communication Antenna Market 2017-2021  
• Global LTE Base Station Market 2017-2021 
• Global WI-FI Extender Market 2017-2021