Europe Tilt Sensor Market Growth Opportunities and Forecast by 2028
Europe Tilt Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Metal and Non-Metal), Technology (Force Balance, MEMS, and Fluid Filled), and Industry (Mining & Construction, Consumer Electronics, Industrial, Automotive, Aerospace, and Others)
- Report Date : Mar 2022
- Report Code : TIPRE00027730
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 126
The Europe tilt sensor market is expected to reach US$ 89.89 million by 2028 from US$ 59.83 million in 2021. It is estimated to grow at a CAGR of 6.0% from 2021 to 2028.
Key factors contributing to the market growth are the rise in demand for tilt sensors based on MEMS technology and a surge in demand for construction equipment. However, the high cost of tilt sensors based on force balance technology may hamper the market growth during the forecast period.
The demand for construction equipment was aided by a growing focus on infrastructure and automation in building and manufacturing processes. Due to increased road development initiatives implemented by the central and state governments, the road construction machinery market has seen substantial expansion in recent years. Construction equipment producers are being pushed to choose electric and hybrid vehicles over traditional hydraulic and mechanical vehicles by the desire for cost-effective machines and regulatory pressures to reduce emissions.
With the high cost of construction equipment and the difficulty of maintaining it, renting or leasing it has become more popular. Aside from the price, there are a number of other advantages to renting construction equipment. Rental firms offer the equipment and the requisite experienced machine operators and drivers. The construction sector is becoming more sophisticated. Digitalization, connectivity, and automation are propelling the industry forward, with significant implications for construction projects.
Furthermore, to meet the increased demand for innovative construction machinery, rental companies have invested in new technologies and replaced outdated fleets with new or upgraded machinery fleets. Even though cross-border investments have dwindled recently due to the global economic slowdown, the real estate industry and government investments in architecture are fueling the demand for construction equipment and expanding the use of precision sensors, such as tilt sensors in the industry.
The mining and construction industry is the greatest source of demand for tilt sensors. Drilling machines, mobile and fixed cranes, and structural monitoring systems are just a few mining and construction equipment that use these sensors. Tilt sensors are used to provide critical information about an object's tilting position concerning gravity. Various factors, such as large-scale infrastructure investments, urbanization, and increased construction activities in emerging nations, have surged the demand for construction equipment. The expansion of the tilt sensor market is projected to be aided by the increase in the need for construction equipment over the next few years.
The European tilt sensor manufacturers experienced a lower demand rate from the European and international sensor system manufacturers. The European semiconductor manufacturers have observed and are also experiencing tough times to supply their products adequately to respective customers. This is due to the significant disruption in the raw material supply chain business. The semiconductor components or sensor manufacturers are witnessing two or more weeks of delay in receiving raw materials, which is pressuring the manufacturers to slow down the production pace, showcasing the declination trend in revenue generation.
Contractors in Europe expect COVID-19 to influence their projects until at least 2023. At this point, projects are affected mainly by heightened health and safety procedures, social distancing, and limits on the number of people allowed on site; border restrictions; and the impact on the supply chain, rather than the 'hard' lockdowns that characterized the early phases of the pandemic. New viral strains, such as the now-dominant 'Delta variant,' may result in future restrictions. The delays in construction projects have impacted the demand for construction equipment which has directly affected the growth of the tilt sensor market during the pandemic.
Europe Tilt Sensor Market Revenue and Forecast to 2028 (US$ Mn)
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EUROPE TILT SENSOR MARKET SEGMENTATION
By Material
- Metal
- Non-Metal
By Technology
- Force Balance
- MEMS
- Fluid Filled
By Industry
- Mining and Construction
- Consumer Electronics
- Industrial
- Automotive
- Aerospace
- Others
By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Company Profiles
- Automation Sensorik Messtechnik GmbH
- elobau GmbH & Co. KG
- MEMSIC Semiconductor (Tianjin) Co., Ltd.
- Positek
- Sensata Technologies, Inc.
- Geosense
- Parker Hannifin Corporation
- Shanghai Zhichuan Electronic Tech CO., LTD., Ltd
- TE Connectivity Corporatio
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Tilt Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Tilt Sensor Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Tilt Sensors Based on MEMS Technology
5.1.2 Upsurge in Demand for Construction Equipment
5.2 Market Restraints
5.2.1 High Cost of Tilt Sensors based on Force Balance Technology
5.3 Market Opportunities
5.3.1 Growing Adoption of Tilt Sensors in Industrial Application
5.4 Future Trends
5.4.1 Rising Demand in Automotive & Transportation Segment
5.5 Impact Analysis of Drivers and Restraints
6. Tilt Sensor Market –Europe Analysis
6.1 Tilt Sensor Market –Europe Revenue and Forecast to 2028 (US$ Million)
7. Tilt Sensor Market Analysis – By Material
7.1 Overview
7.2 Tilt Sensor Market, By Material (2020 and 2028)
7.3 Metal
7.3.1 Overview
7.3.2 Metal: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Non-Metal
7.4.1 Overview
7.4.2 Non-Metal: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8. Tilt Sensor Market – By Technology
8.1 Overview
8.2 Tilt Sensor Market, by Technology (2020 and 2028)
8.3 Force Balance
8.3.1 Overview
8.3.2 Force Balance: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.4 MEMS
8.4.1 Overview
8.4.2 MEMS: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Fluid Filled
8.5.1 Overview
8.5.2 Fluid Filled: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9. Tilt Sensor Market – By Industry
9.1 Overview
9.2 Tilt Sensor Market, by Industry (2020 and 2028)
9.3 Mining & Construction
9.3.1 Overview
9.3.2 Mining & Construction: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Consumer Electronics
9.4.1 Overview
9.4.2 Consumer Electronics: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Automotive
9.6.1 Overview
9.6.2 Automotive: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Aerospace
9.7.1 Overview
9.7.2 Aerospace: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Tilt Sensor Market – Country Analysis
10.1 Europe: Tilt Sensor Market
10.1.1 Europe: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2 Europe: Tilt Sensor Market, By Material
10.1.3 Europe: Tilt Sensor Market, by Technology
10.1.4 Europe: Tilt Sensor Market, by Industry
10.1.5 Europe: Tilt Sensor Market, by Key Country
10.1.5.1 France: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1.1 France: Tilt Sensor Market, By Material
10.1.5.1.2 France: Tilt Sensor Market, by Technology
10.1.5.1.3 France: Tilt Sensor Market, by Industry
10.1.5.2 Germany: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.2.1 Germany: Tilt Sensor Market, By Material
10.1.5.2.2 Germany: Tilt Sensor Market, by Technology
10.1.5.2.3 Germany: Tilt Sensor Market, by Industry
10.1.5.3 Italy: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.1 Italy: Tilt Sensor Market, By Material
10.1.5.3.2 Italy: Tilt Sensor Market, by Technology
10.1.5.3.3 Italy: Tilt Sensor Market, by Industry
10.1.5.4 UK: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4.1 UK: Tilt Sensor Market, By Material
10.1.5.4.2 UK: Tilt Sensor Market, by Technology
10.1.5.4.3 UK: Tilt Sensor Market, by Industry
10.1.5.5 Russia: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5.1 Russia: Tilt Sensor Market, By Material
10.1.5.5.2 Russia: Tilt Sensor Market, by Technology
10.1.5.5.3 Russia: Tilt Sensor Market, by Industry
10.1.5.6 Rest of Europe: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.6.1 Rest of Europe: Tilt Sensor Market, By Material
10.1.5.6.2 Rest of Europe: Tilt Sensor Market, by Technology
10.1.5.6.3 Rest of Europe: Tilt Sensor Market, by Industry
11. Impact of COVID-19 Pandemic
11.1.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Automation Sensorik Messtechnik GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 elobau GmbH & Co. KG.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 MEMSIC Semiconductor (Tianjin) Co., Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Positek
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sensata Technologies, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Geosense
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Parker Hannifin Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Shanghai Zhichuan Electronic Tech CO., LTD. , Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TE Connectivity Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Tilt Sensor Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Europe: Tilt Sensor Market, By Material– Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 4. Europe: Tilt Sensor Market, by Industry– Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 8. Germany: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 9. Germany: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 10. Germany: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Tilt Sensor Market, By Material – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe: Tilt Sensor Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Tilt Sensor Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 23. List of Abbreviation
LIST OF FIGURES
Figure 1. Tilt Sensor Market Segmentation
Figure 2. Tilt Sensor Market Segmentation – By Country
Figure 3. Europe Tilt Sensor Market Overview
Figure 4. Metal Segment Held the Largest Market Share in 2020
Figure 5. Force Balance Segment Held the Largest Market Share in 2020
Figure 6. Mining and Construction Segment Held the Largest Market Share in 2020
Figure 7. Germany was the Largest Revenue Contributor in 2020
Figure 8. Europe – PEST Analysis
Figure 9. Tilt Sensor Market– Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. Tilt Sensor Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Tilt Sensor Market Revenue Share, by Material (2020 and 2028)
Figure 14. Metal: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Non-Metal: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Tilt Sensor Market Revenue Share, by Technology (2020 and 2028)
Figure 17. Force Balance: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEMS: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Fluid Filled: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Tilt Sensor Market Revenue Share, by Industry (2020 and 2028)
Figure 21. Mining & Construction: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Consumer Electronics: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Industrial: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Automotive: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Aerospace: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Others: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe: Tilt Sensor Market Revenue Share, By Material (2020 and 2028)
Figure 29. Europe: Tilt Sensor Market Revenue Share, by Technology (2020 and 2028)
Figure 30. Europe: Tilt Sensor Market Revenue Share, by Industry (2020 and 2028)
Figure 31. Europe: Tilt Sensor Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. France: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Germany: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. UK: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Russia: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of Europe: Tilt Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Europe Country Markets
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As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
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