Tilt Sensor MarketThe global tilt sensor market is highly lucrative and predicted to witness a notable growth at a 7.42% CAGR over the forecast period (2018–2023), reveals the Market Research Future (MRFR) report.
It is also used to measure tilt and slope within a limited range of motion.
Tilt sensors have a wide range of applications including telecommunication, automotive, defense, aerospace, construction, mining, and more.
Simplicity, compactness, accuracy, high resolution, cost-effectiveness, and low power consumption are some of the key benefits of using tilt sensors.Fascinating Features Driving Market GrowthIn accordance to the Market Research Future report, there are a couple of factors that are driving the tilt sensor market growth.
Additional factors pushing the market growth include a rise in urbanization, increasing number of construction activities, especially in emerging economies, increase in real estate, increase in industrialization, and large-scale investments made for infrastructural development.On the contrary, the complexity of technology, coupled with an increase in the cost of raw materials are factors that are likely to hamper the tilt sensor market growth over the forecast period.Market SegmentationThe Market Research Future report provides an inclusive analysis of the tilt sensor market based on type and application.Based on type, the tilt sensor market is segmented into optional based tilt sensors, proportional tilt sensors, and switch-based tilt sensors.
Of these, the switch-based tilt sensor will have the largest share in the market over the forecast period.Based on application, the tilt sensor market is segmented into aviation, gaming, robotics, transport, automobile, construction, mining, and others.