Tilt Sensor Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Apr 2022

Pages: 141

SKU: IRTNTR46613

Snapshot

The predicted growth for the tilt sensor market share from 2021 to 2026 is USD 72.84 million at a progressing CAGR of 6.3%.

This tilt sensor market forecast report extensively covers segmentations by:

End-user - Mining and construction industry, automotive and transportation, aerospace and defense industry, telecommunications industry, and others
Geography - APAC, Europe, North America, South America, and Middle East and Africa

The tilt sensor market report offers information on several market vendors, including ALTHEN GmbH, Balluff GmbH, Baumer Holding AG, Digipas Technologies Inc., ELGO ELECTRONIC GmbH and Co. KG, ifm electronic GmbH, Jewell Instruments LLC, MP-SENSOR GmbH, OMRON Corp., Pepperl and Fuchs SE, Rotero Holding, SICK AG, SignalQuest LLC, STG Germany GmbH, TE Connectivity Ltd., TEKBOX DIGITAL SOLUTIONS, TSM SENSORS SRL, TURCK India Automation Pvt. Ltd., WIKA Alexander Wiegand SE ad Co. KG, and WYLER AG among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Tilt Sensor Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Tilt Sensor Market Size for the Forecast Period and Other Important Statistics

Tilt Sensor Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing adoption of tilt sensors in industrial sectors is notably driving the tilt sensor market growth, although factors such as the downturn in the mining industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tilt sensor industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Tilt Sensor Market Driver

The growing adoption of tilt sensors in industrial sectors is one of the key drivers supporting the tilt sensor market growth. Tilt sensors are undergoing a series of technological advances. Meanwhile, there is an increase in the number of ways through which technology experts are integrating tilt sensors in their applications. For instance, there was a time when these sensors were only used in measuring safety parameters but now they have various other applications as well. They are now used to drive improvements in areas such as driver comfort. Moreover, safety has always been of paramount importance, specifically in the agriculture and construction industries. Being an indispensable part of these industries, tilt sensors are used for applications such as platform leveling, tip-over protection, and tilt alarms. Thus, the growing adoption of tilt sensors in the industrial sector will foster the growth of the global tilt sensor market during the forecast period.

Key Tilt Sensor Market Trend

New safety regulations pertaining to tilt sensors and MEWPs is one of the key tilt sensor market trends contributing to the market growth. Significantly, safety regulations in the US and Europe are becoming more stringent. To meet the growing safety requirements, manufacturers of cranes, lift platforms, and agricultural equipment are incorporating tilt sensors to help ensure the safety of the working personnel. For instance, sensors are used to measure the angle of the crane tilt to check whether the crane has attained the required safety certifications. In addition to safety requirements, government regulations related to electromagnetic compatibility (EMC) are a mandate that must be taken into consideration. These requirements place an increasing burden on design engineers for including the latest technological advantages while also ensuring compliance with new regulations. These requirements are boosting the tilt sensor market growth.

Key Tilt Sensor Market Challenge

The downturn in the mining industry is one of the challenges limiting the tilt sensor market growth. The mining companies have now cut down on capital investment in new mines. Many debt-ridden miners have started consolidating and reducing their capacity in the hopes of cutting costs and regaining profitability. Moreover, the low performance of the mining industry is expected to continue for the next few years. On the other hand, the growing pressure for using cleaner fuels and reducing carbon emissions is also challenging the growth of the coal industry. Though coal will remain an important, long-term fuel source for many economies, the growth of the coal industry will remain stunted. Thus, these challenges will pose a serious risk to the demand for tilt sensors during the forecast period.

This tilt sensor market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global tilt sensor market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tilt sensor market during the forecast period.

Who are the Major Tilt Sensor Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the tilt sensor market encompasses successful business strategies deployed by the key vendors. The tilt sensor market is fragmented and the vendors are deploying growth strategies such as quality, features, functionalities, and service to compete in the market.

Product Insights and News

ALTHEN GmbH - Under the unified segment, the company offers sensors, instrumentation, measurement systems, and others.
ALTHEN GmbH - The company offers high-precision two-axis tilt sensors that are rugged enough for harsh environments.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The tilt sensor market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Tilt Sensor Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the tilt sensor market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Tilt Sensor Market?

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42% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the tilt sensor market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing urbanization will facilitate the tilt sensor market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 had a negative impact on the regional tilt sensor market. However, in 2021, due to the availability of COVID-19 vaccines and the large-scale vaccination drives carried out by the governments of countries in APAC, activities in end-user industries gradually became normal. Therefore, the demand for tilt sensors increased, which will lead to the growth of the regional market during the forecast period.

What are the Revenue-generating End-user Segments in the Tilt Sensor Market?

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The tilt sensor market share growth by the mining and construction segment will be significant during the forecast period. Tilt sensors find a wide range of applications in the construction industry. For instance, the production of combustible dust takes place within construction environments, and in such circumstances, tilt sensors such as vehicle inclinometers are used to measure the angle of crane tilt to check whether the crane has attained the required safety certifications. Similarly, in the mining industry, truck inclinometers are used for the transportation of coal. Thus, the global tilt sensor market in the mining and construction industry is expected to feature a positive growth rate during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the tilt sensor market size and actionable market insights on post COVID-19 impact on each segment.

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Tilt Sensor Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.3%
Market growth 2022-2026	$ 72.84 million
Market structure	Fragmented
YoY growth (%)	5.0
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 42%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	ALTHEN GmbH, Balluff GmbH, Baumer Holding AG, Digipas Technologies Inc., ELGO ELECTRONIC GmbH and Co. KG, ifm electronic GmbH, Jewell Instruments LLC, MP-SENSOR GmbH, OMRON Corp., Pepperl and Fuchs SE, Rotero Holding, SICK AG, SignalQuest LLC, STG Germany GmbH, TE Connectivity Ltd., TEKBOX DIGITAL SOLUTIONS, TSM SENSORS SRL, TURCK India Automation Pvt. Ltd., WIKA Alexander Wiegand SE ad Co. KG, and WYLER AG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Tilt Sensor Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive tilt sensor market growth during the next five years
Precise estimation of the tilt sensor market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the tilt sensor industry across APAC, Europe, North America, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of tilt sensor market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user

5.3 Mining and construction industry - Market size and forecast 2021-2026
- Exhibit 28: Chart on Mining and construction industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Mining and construction industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Mining and construction industry - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Mining and construction industry - Year-over-year growth 2021-2026 (%)

5.4 Automotive and transportation industry - Market size and forecast 2021-2026
- Exhibit 32: Chart on Automotive and transportation industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Automotive and transportation industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Automotive and transportation industry - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Automotive and transportation industry - Year-over-year growth 2021-2026 (%)

5.5 Aerospace and defense industry - Market size and forecast 2021-2026
- Exhibit 36: Chart on Aerospace and defense industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Aerospace and defense industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Aerospace and defense industry - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Aerospace and defense industry - Year-over-year growth 2021-2026 (%)

5.6 Telecommunications industry - Market size and forecast 2021-2026
- Exhibit 40: Chart on Telecommunications industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Telecommunications industry - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Telecommunications industry - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Telecommunications industry - Year-over-year growth 2021-2026 (%)

5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.8 Market opportunity by End-user
- Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 North America - Market size and forecast 2021-2026
- Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.12 UK - Market size and forecast 2021-2026
- Exhibit 90: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption

9.4 Industry risks
- Exhibit 98: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 99: Vendors covered

10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification

10.3 ALTHEN GmbH
- Exhibit 101: ALTHEN GmbH - Overview
- Exhibit 102: ALTHEN GmbH - Product / Service
- Exhibit 103: ALTHEN GmbH - Key offerings

10.4 Balluff GmbH
- Exhibit 104: Balluff GmbH - Overview
- Exhibit 105: Balluff GmbH - Product / Service
- Exhibit 106: Balluff GmbH - Key offerings

10.5 Baumer Holding AG
- Exhibit 107: Baumer Holding AG - Overview
- Exhibit 108: Baumer Holding AG - Product / Service
- Exhibit 109: Baumer Holding AG - Key offerings

10.6 ifm electronic GmbH
- Exhibit 110: ifm electronic GmbH - Overview
- Exhibit 111: ifm electronic GmbH - Product / Service
- Exhibit 112: ifm electronic GmbH - Key offerings

10.7 Pepperl and Fuchs SE
- Exhibit 113: Pepperl and Fuchs SE - Overview
- Exhibit 114: Pepperl and Fuchs SE - Product / Service
- Exhibit 115: Pepperl and Fuchs SE - Key news
- Exhibit 116: Pepperl and Fuchs SE - Key offerings

10.8 Rotero Holding
- Exhibit 117: Rotero Holding - Overview
- Exhibit 118: Rotero Holding - Product / Service
- Exhibit 119: Rotero Holding - Key offerings

10.9 SICK AG
- Exhibit 120: SICK AG - Overview
- Exhibit 121: SICK AG - Business segments
- Exhibit 122: SICK AG - Key offerings
- Exhibit 123: SICK AG - Segment focus

10.10 TE Connectivity Ltd.
- Exhibit 124: TE Connectivity Ltd. - Overview
- Exhibit 125: TE Connectivity Ltd. - Business segments
- Exhibit 126: TE Connectivity Ltd. - Key offerings
- Exhibit 127: TE Connectivity Ltd. - Segment focus

10.11 TURCK India Automation Pvt. Ltd.
- Exhibit 128: TURCK India Automation Pvt. Ltd. - Overview
- Exhibit 129: TURCK India Automation Pvt. Ltd. - Product / Service
- Exhibit 130: TURCK India Automation Pvt. Ltd. - Key offerings

10.12 WIKA Alexander Wiegand SE ad Co. KG
- Exhibit 131: WIKA Alexander Wiegand SE ad Co. KG - Overview
- Exhibit 132: WIKA Alexander Wiegand SE ad Co. KG - Product / Service
- Exhibit 133: WIKA Alexander Wiegand SE ad Co. KG - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources

11.5 List of abbreviations
- Exhibit 140: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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