Drivers and Restraints
The primary driving factor, which is driving the growth of the inclinometers market is the growing adoption of the MEMS system in consumer electronics and their augmented usage in mobile sensors. Increased usage of inclinometers in construction vehicles is also a significant driver of the market. Construction machines such as road rollers should function efficiently and safely, and inclinometers help to provide feedback about the levelness of the pavement.
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An increase in development and infrastructural activities, which lead to more construction, fuels the market for inclinometers. Inclinometers find novel applications in smart factories and lifestyle wearable devices. The growing usage of smart wearable devices among consumers adds to the development of the market. An increasing number of industries are stirring towards automation of the entire factory process and are deploying inclinometers for the same, which is likely to fuel the market over the forecast period. Another influential factor that is supporting the growth of the market is the evolution of micro-electro-mechanical systems (MEMS) in the packaging industry.
Competitive Analysis
The global inclinometers market hold some of the major market players such as Sherborne Sensors Limited (U.K), Waysen UK Ltd (U.K), TE Connectivity Ltd. (Switzerland), Analog Devices, Inc (U.S.), Geokon, Altheris sensors & controls (Netherlands), Incorporated (U.S.), Agisco S.R.L (Italy), Murata Manufacturing Co., Ltd (Japan), Parallax Inc (U.S.), BDC Electronic (Italy), Automation Sensorik Messtechnik GmbH (Germany), BeanAir GmbH (Germany), among others.
Segmental Analysis
The global market for inclinometer has been segmented based on-axis, technology, the output signal, and the application. the market, On the basis of the axis, has been segmented into multi-axis and axis. the market, On the basis of the output signal, has been segmented analog signals, digital signal, and TTL signals. ON the basis of technology, the inclinometer market has been segmented into electrolytic, MEMS, capacitive, closed-loop gravity, others.
Based on the application, the global market for inclinometers has been segmented into electronic equipment manufacturing, construction, industrial automation, marine, industrial robots, aviation and defense, and automotive applications.
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Regional Analysis
The key regional markets studied in the the global inclinometer market are Europe, North America, Asia Pacific and the rest of the world. North America is dominating the market and is expected to maintain the momentum over the forecast period. The growth in the North America inclinometers market can be attributed to high infrastructural growth and constructional activities in developed countries such as the US, and Canada.
Europe is also one of the major regional markets for inclinometers and is expected to record a substantial market share over the review period. This growth is attributed to the increasing technological advancements taking place across the region, the presence of major market players and established industry verticals in developed economies such as Germany, France, the Netherlands, and the UK, among others.
The Asia-Pacific and Middle East & Africa regions are estimated to exhibit relatively high growth owing to augmented infrastructural and constructional activities in the region, coupled with the growing consumer electronics industry. Countries like Taiwan, India, and Southeast Asia will observe development in the region. In the Middle East & Africa market, growth can be credited to infrastructural expansion in countries such as Saudi Arabia, UAE, and Oman.
the Middle East & Africa and the Asia Pacific regions are expected to show the highest growth during the forecast period. The inclinometers are highly used in construction, automotive, and consumer electronics industries.
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