Published Date: 31-Oct-2019
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According to a new report Asia Pacific Tilt Sensors Market, published by KBV Research, the Asia Pacific Tilt Sensors Market would witness market growth of 9.6% CAGR during the forecast period (2019-2025).
The China market is one of the major revenue contributors within the Asia Pacific MEMS Tilt Sensors Market by Country growing at a CAGR of 7.1 % during the forecast period. The Japan market anticipated to show prominent growth at 8.6% during (2019 - 2025). Additionally, The India market is expected to witness a CAGR of 9.9% during (2019 - 2025).
The Non-Metal market would dominate the South Korea Tilt Sensors Market by Material Type with an estimated market value of $6.4 million by 2025, growing at a CAGR of 10.8 % during the forecast period. The Metal market shows significant potential and grows with a CAGR of 14% during (2019 - 2025).
The Construction & Mining market with a market share of more than 30% has dominated the Malaysia Tilt Sensors Market by Application 2018, growing at a CAGR of 10.3 % during the forecast period. The Automotive & Transportation market would experience positive growth and hence, grows at a CAGR of 11% during (2019 - 2025). Additionally, The Aerospace & Defense market is expected to witness prominent CAGR of 13% during (2019 - 2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Fredericks Company, Balluff GmbH, Baumer Holding AG, Sick AG, IFM Electronics GmbH, Jewell Instruments LLC, Meggitt Plc., Murata Manufacturing Co., Ltd., TE Connectivity Ltd. and MEMSIC, Inc.
By Material Type
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