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According to a new report North America Tilt Sensors Market, published by KBV Research, the North America Tilt Sensors Market would witness market growth of 7.8% CAGR during the forecast period (2019-2025).
The US market is the major region in terms of revenue generation within the North America Non-Metal Tilt Sensors Market by Country 2018. The Canada market is anticipated to witness a CAGR of 9.2% during (2019 - 2025). Additionally, The Mexico market shows maximum growth in the region and continues to grow at 8.3% during (2019 - 2025).
The Construction & Mining market dominated the Canada Tilt Sensors Market by Application 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $3.3 million by 2025, growing at a CAGR of 8.8 % during the forecast period. The Automotive & Transportation market is expected to witness a CAGR of 9.5% during (2019 - 2025). Additionally, The Aerospace & Defense market is expected to witness highest CAGR of 11.4% during (2019 - 2025).
The MEMS market would dominate the Mexico Tilt Sensors Market by Technology till 2025, with an estimated market size of $4.6 million by 2025, growing at a CAGR of 8.9 % during the forecast period. The Fluid-filled market grows with a prominent growth rate of 10.6% during (2019 - 2025). Additionally, The Force Balanced market would witness highest CAGR of 14.2% 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.
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