Shock Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Shock Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : May, 2020 | Semiconductor & Electronics | PPT format

Report Digest


Global Shock Sensors Market: Overview

The demand within the global shock sensors market is growing at the back of technological improvements in sensor technologies. The advent of Arduino series sensors was a gamechanger for the vendors operating in the global shock sensors market. Furthermore, advancements in the automobile industry have also spearheaded the growth of the global market. The growth of the automobile industry in underpinned by provision of premium features in vehicles. Shock sensors have, therefore, become an important part of the automobile architecture. Furthermore, performance of automobile manufacturers is gauged by their ability to offer enhanced safety features in cars.

The next decade is expected to reap in large volumes of revenues within the global shock sensors market. This projection is based on the widespread deployment of shock sensors in multiple industries. Moreover, companies authorised to give safety certifications to automobile and electronic manufacturers mandate the use of shock sensors in several devices. This factor is also expected to fetch voluminous revenues for the global shock sensors market. The advent of automation technologies such as artificial intelligence, machine learning, and deep learning has further propelled market demand.

Researchers from the Yokohama National University have developed a unified shock sensor that can accurately disperse harmful shock waves. This new development is expected to influence the graph of growth within the global shock sensors market. The new technology could fill in the market gap for quick, simple, and accurate shock-detection technologies.

A syndicate report on the global shock sensors market elucidates several drivers of demand within this market. The global shock sensors market can be segmented on the basis of the following parameters: type, application, end-use, and region. The stellar use of shock sensors in the automobile industry remains uncontested.

Global Shock Sensors Market: Notable Developments

The global shock sensors market has witnessed key changes in its competitive profile over the past decade.

  • IMI Sensors is a notable vendor in the global shock sensor market, and the company has a splendid track record in catering to consumer demands. The specialisation of the company in providing shock-sensing technologies for shipping operations have been lauded by the end-consumers.
  • The use of internet of things and machine learning has emerged as a key prospect for the market vendors. Development of improved and highly sensitive shock sensors is the topmost priority for market players. Hence, integration of IoT sensors to detect shock waves is expected to play to the advantage of the market players.

Some of the leading vendors operating in the global shock sensor market are:

  • Dytran Instruments Inc
  • TE Connectivity
  • PCB Piezotronics Inc
  • Murata Manufacturing Co.
  • Ltd Honeywell International, Inc.

Global Shock Sensors Market: Growth Drivers

  • Need for Shock Sensing to Prevent Burglaries

One of the most nascent uses of shock sensors in protection of residential and commercial spaces. Shock sensor alarms are used across houses to intimate people about burglaries or property damage. Residential buildings deploy high-sensitivity shock sensors to protect high-security premises. Therefore, the total volume of revenues within the global shock sensors market is expected to increase in the years to follow.

  • Use of Shock Sensors in Sports Equipment

High-quality football helmets are equipped with shock sensors to gauge the severity of impact. This is amongst the new-age applications of shock sensors, and could act as a launch pad for market growth. Shipping of fragile products also necessitates the use of shock sensing technologies.

The global shock sensor market is segmented by:

Type

  • Piezoresistive
  • Capacitors
  • Strain Gage
  • Others

Material

  • Tourmaline
  • Quartz
  • Salts
  • Gallium Phosphate

End Use

  • Automotive
  • Aerospace
  • Industrial
  • Consumer Electronics
  • Others

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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