
South America 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, Automot
Description
South America 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)
The South America tilt sensor market is expected to reach US$ 17.34 million by 2028 from US$ 13.11 million in 2021; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.
Key factors contributing to the market growth are rise in demand for tilt sensors based on MEMS technology and upsurge in demand for construction equipment. However, high cost of tilt sensors based on force balance technology may hamper the market growth.
Tilt sensors have been widely used in many applications, such as instrumentation leveling, oil drilling and structural health monitoring. With the rapid development of the micro-electromechanical system (MEMS) technology. MEMS accelerometer-based high-performance tilt sensors are capable of replacing conventional tilt sensors in most application domains, owing to the rapid development of micro-electromechanical system (MEMS) technology. MEMS resonant accelerometers (MRAs) with high sensitivity are completely qualified for tilt sensing. MRA chips, on the other hand, must be vacuum packaged and require complicated circuits, making them difficult to miniaturize and sell. For low-cost, high-sensitivity, low power consumption, and downsizing, the suggested MEMS sensor uses simplified fabrication procedures, an area-change-based capacitive displacement transducer, and a capacitance-to-voltage conversion application-specific integrated circuit (ASIC). Many industrial and commercial applications, such as mobile phone motion sensors and car airbags, have demonstrated this operating concept. Low-grade accelerometer cells with accuracies of less than 1 degree are commonly required for these consumer applications. Unlike low-cost consumer-grade inclinometer cells, MEMS sensors in inclinometers have an array of fine electrodes that improve the measurement's resolution and accuracy. The moving mass in the MEMS in inclinometers designed for static or near-static measurements is physically damped to limit the sensitivity of these sensors to frequencies exceeding 29 Hz.
MEMS tilt sensors are low-cost, robust, virtually immune to shock, and exhibit very good long-term stability. Biaxial tilt sensors contain two MES sensors oriented at 90 degrees to one another to allow perpendicular tilt measurement. They are readily adaptable for automated data acquisition, which allows a series of sensors to be continuously monitored for profiling purposes.
Of late, South American countries have witnessed a significant rise in several industries. Various industries, such as automotive, aerospace, and industrial equipment, have been experiencing a fair growth rate. However, the COVID-19 outbreak has created significant turmoil among manufacturers across industries. Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador. The government of South America has taken an array of actions to protect its citizens and contain COVID-19's spread. Brazil has the largest industrial sector and is also the worst-hit country. This has highlighted the limited resources and investments toward product developments, which has slow-downed the adoption of sensor systems and tilt sensors. This factor has negatively impacted the tilt sensor market.
In South American economies, mining is quite important. There are numerous copper, silver, lithium, and gold reserves in the region and considerable potash and lithium reserves. The region has recently received significant foreign direct investment due to its richness of natural resources. In today's global economy, the region has the potential for substantial growth. Many Chinese corporations, for example, have made investments in South America. The pandemic hampered mining operations in the region, but it will soon resume a steady growth due to the conditions mentioned above.
Based on material, the South America the tilt sensor market is segmented into metal and non-metal. The metal segment led the market with the largest market share in 2020 and is expected to register the highest CAGR during the forecast period.
By technology, the South America tilt sensor market is segmented into force balance, MEMS and fluid filled. In 2020, the force balance segment held the largest market share of the tilt sensor market. However, the MEMS segment is expected to register highest CAGR in the market during 2021-2028.
By industry, the South America tilt sensor market is segmented into mining & construction, consumer electronics, industrial, automotive and others. The mining & construction segment led the market with the largest market share in 2020, whereas the automotive segment is expected to register the highest CAGR during the forecast period.
A few of the companies profiled while preparing this report on the South America tilt sensor market are Parker Hannifin Corporation, TE Connectivity Corporation and Geosense.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America tilt sensor market.
Highlights key business priorities in order to assist companies to realign their business strategies.
South and Central America tilt sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The South America tilt sensor market is expected to reach US$ 17.34 million by 2028 from US$ 13.11 million in 2021; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028.
Key factors contributing to the market growth are rise in demand for tilt sensors based on MEMS technology and upsurge in demand for construction equipment. However, high cost of tilt sensors based on force balance technology may hamper the market growth.
Tilt sensors have been widely used in many applications, such as instrumentation leveling, oil drilling and structural health monitoring. With the rapid development of the micro-electromechanical system (MEMS) technology. MEMS accelerometer-based high-performance tilt sensors are capable of replacing conventional tilt sensors in most application domains, owing to the rapid development of micro-electromechanical system (MEMS) technology. MEMS resonant accelerometers (MRAs) with high sensitivity are completely qualified for tilt sensing. MRA chips, on the other hand, must be vacuum packaged and require complicated circuits, making them difficult to miniaturize and sell. For low-cost, high-sensitivity, low power consumption, and downsizing, the suggested MEMS sensor uses simplified fabrication procedures, an area-change-based capacitive displacement transducer, and a capacitance-to-voltage conversion application-specific integrated circuit (ASIC). Many industrial and commercial applications, such as mobile phone motion sensors and car airbags, have demonstrated this operating concept. Low-grade accelerometer cells with accuracies of less than 1 degree are commonly required for these consumer applications. Unlike low-cost consumer-grade inclinometer cells, MEMS sensors in inclinometers have an array of fine electrodes that improve the measurement's resolution and accuracy. The moving mass in the MEMS in inclinometers designed for static or near-static measurements is physically damped to limit the sensitivity of these sensors to frequencies exceeding 29 Hz.
MEMS tilt sensors are low-cost, robust, virtually immune to shock, and exhibit very good long-term stability. Biaxial tilt sensors contain two MES sensors oriented at 90 degrees to one another to allow perpendicular tilt measurement. They are readily adaptable for automated data acquisition, which allows a series of sensors to be continuously monitored for profiling purposes.
Of late, South American countries have witnessed a significant rise in several industries. Various industries, such as automotive, aerospace, and industrial equipment, have been experiencing a fair growth rate. However, the COVID-19 outbreak has created significant turmoil among manufacturers across industries. Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador. The government of South America has taken an array of actions to protect its citizens and contain COVID-19's spread. Brazil has the largest industrial sector and is also the worst-hit country. This has highlighted the limited resources and investments toward product developments, which has slow-downed the adoption of sensor systems and tilt sensors. This factor has negatively impacted the tilt sensor market.
In South American economies, mining is quite important. There are numerous copper, silver, lithium, and gold reserves in the region and considerable potash and lithium reserves. The region has recently received significant foreign direct investment due to its richness of natural resources. In today's global economy, the region has the potential for substantial growth. Many Chinese corporations, for example, have made investments in South America. The pandemic hampered mining operations in the region, but it will soon resume a steady growth due to the conditions mentioned above.
Based on material, the South America the tilt sensor market is segmented into metal and non-metal. The metal segment led the market with the largest market share in 2020 and is expected to register the highest CAGR during the forecast period.
By technology, the South America tilt sensor market is segmented into force balance, MEMS and fluid filled. In 2020, the force balance segment held the largest market share of the tilt sensor market. However, the MEMS segment is expected to register highest CAGR in the market during 2021-2028.
By industry, the South America tilt sensor market is segmented into mining & construction, consumer electronics, industrial, automotive and others. The mining & construction segment led the market with the largest market share in 2020, whereas the automotive segment is expected to register the highest CAGR during the forecast period.
A few of the companies profiled while preparing this report on the South America tilt sensor market are Parker Hannifin Corporation, TE Connectivity Corporation and Geosense.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America tilt sensor market.
Highlights key business priorities in order to assist companies to realign their business strategies.
South and Central America tilt sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
117 Pages
- 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 South America
- 4.3 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 - South America Analysis
- 6.1 Tilt Sensor Market -South America 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. South America Tilt Sensor Market - Country Analysis
- 10.1 SAM: Tilt Sensor Market
- 10.1.1 SAM: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.2 SAM: Tilt Sensor Market, By Material
- 10.1.3 SAM: Tilt Sensor Market, by Technology
- 10.1.4 SAM: Tilt Sensor Market, by Industry
- 10.1.5 SAM: Tilt Sensor Market, by Key Country
- 10.1.5.1 Brazil: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.5.1.1 Brazil: Tilt Sensor Market, By Material
- 10.1.5.1.2 Brazil: Tilt Sensor Market, by Technology
- 10.1.5.1.3 Brazil: Tilt Sensor Market, by Industry
- 10.1.5.2 Argentina: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.5.2.1 Argentina: Tilt Sensor Market, By Material
- 10.1.5.2.2 Argentina: Tilt Sensor Market, by Technology
- 10.1.5.2.3 Argentina: Tilt Sensor Market, by Industry
- 10.1.5.3 Rest of SAM: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- 10.1.5.3.1 Rest of SAM: Tilt Sensor Market, By Material
- 10.1.5.3.2 Rest of SAM: Tilt Sensor Market, by Technology
- 10.1.5.3.3 Rest of SAM: Tilt Sensor Market, by Industry
- 11. Impact of COVID-19 Pandemic
- 11.1.1 South America: 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 Sensata Technologies, Inc
- 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 Geosense
- 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 Parker Hannifin Corporation
- 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 Shanghai Zhichuan Electronic Tech CO., LTD., Ltd
- 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 TE Connectivity Corporation
- 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
- 14. Appendix
- 14.1 About The Insight Partners
- 14.2 Word Index
- list of Tables
- Table 1. SAM: Tilt Sensor Market, By Material- Revenue and Forecast to 2028 (US$ Million)
- Table 2. SAM: Tilt Sensor Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
- Table 3. SAM: Tilt Sensor Market, by Industry- Revenue and Forecast to 2028 (US$ Million)
- Table 4. Brazil: Tilt Sensor Market, By Material - Revenue and Forecast to 2028 (US$ Million)
- Table 5. Brazil: Tilt Sensor Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
- Table 6. Brazil: Tilt Sensor Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Argentina: Tilt Sensor Market, By Material - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Argentina: Tilt Sensor Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Argentina: Tilt Sensor Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Rest of SAM: Tilt Sensor Market, By Material - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Rest of SAM: Tilt Sensor Market, by Technology - Revenue and Forecast to 2028 (US$ Million)
- Table 12. Rest of SAM: Tilt Sensor Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
- Table 13. List of Abbreviation
- List of Figures
- Figure 1. Tilt Sensor Market Segmentation
- Figure 2. Tilt Sensor Market Segmentation - By Country
- Figure 3. South America 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. Brazil was the Largest Revenue Contributor in 2020
- Figure 8. South America - PEST Analysis
- Figure 9. Expert Opinions
- Figure 10. Tilt Sensor Market Impact Analysis of Drivers and Restraints
- Figure 11. South America Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Tilt Sensor Market Revenue Share, by Material (2020 and 2028)
- Figure 13. Metal: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Non-Metal: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Tilt Sensor Market Revenue Share, by Technology (2020 and 2028)
- Figure 16. Force Balance: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. MEMS: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Fluid Filled: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Tilt Sensor Market Revenue Share, by Industry (2020 and 2028)
- Figure 20. Mining & Construction: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. Consumer Electronics: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Industrial: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Automotive: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Aerospace: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Others: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 26. SAM: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. SAM: Tilt Sensor Market Revenue Share, By Material (2020 and 2028)
- Figure 28. SAM: Tilt Sensor Market Revenue Share, by Technology (2020 and 2028)
- Figure 29. SAM: Tilt Sensor Market Revenue Share, by Industry (2020 and 2028)
- Figure 30. SAM: Tilt Sensor Market Revenue Share, by Key Country (2020 and 2028)
- Figure 31. Brazil: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 32. Argentina: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 33. Rest of SAM: Tilt Sensor Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 34. Impact of COVID-19 Pandemic In South America Country Markets
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