Report : Middle East and Africa 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 metal segment by material is estimated to lead the market growth during the forecast period.
According to a new market research study of “Middle East and Africa Tilt Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Material, Technology, Industry and Country.” The Middle East and Africa (MEA) tilt sensor market is expected to reach US$ 32.39 million by 2028 from US$ 23.41 million in 2021. It is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The report highlights trends prevailing in the Middle East and Africa tilt sensor market and the factors driving market along with those that act as hindrances.
The demand for tilt or inclination sensors is growing in the automotive industry. These, together with gyroscopes, are primarily employed to improve passenger safety and vehicle efficiency. Tilt sensors are utilized in various vehicle applications, including electronic parking brakes, rollover detection, electronic stability control, and idle stop-start, among others. Additionally, as automotive firms increase their investments in vehicle automation, the use of ADAS and inertial navigation, hill-start assistance, and dynamic headlight leveling has grown. Mercedes, for example, has created self-leveling lamps that adapt to the road's inclination curves. The organization has installed tilt sensors for this automation as well.
Furthermore, the automobile industry is making progress toward developing self-driving vehicles. In recent years, the development and usage of these cars have increased dramatically. For example, BMW began producing autonomous electric vehicles at their new plant in March 2019. According to UBS, AV production and sales income is predicted to reach USD 243 billion by 2030.
More investments and growth plans in these technologies are projected to continue during the forecast period, which is expected to create demand for tilt sensors in the industry.
The MEA tilt sensor market is majorly affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components and parts has been disturbed. The demand for sensor systems and sensors has weakened since the eruption of COVID-19 in MEA countries. This has resulted in a loss of business among sensor systems and sensor manufacturers offering their products to various industries in the region.
Countries with higher manufacturing units, such as Turkey, Israel, and South Africa, have witnessed critical scenarios in procuring various electronics and semiconductor products, including sensors that showcased a fall in the MEA tilt sensor market in the region.
The construction activity in the region is among the rapidly growing industry. The UAE, Saudi Arabia, and Qatar represent the forerunners in the GCC construction industry. The outbreak of the COVID-19 virus had paused several construction activities in the countries mentioned above, and some of the projects are still likely to remain halted. This parameter is among the key factors that have negatively impacted the sensor systems industry and subsequently impaired the tilt sensor market.
The growth of environmental policies, the introduction of new technology, and shifting consumer attitudes surrounding ownership are causing significant changes in the Middle East economy. Almost every industry has been transformed by new business models, increased automation, and digitization, and the automotive industry is no exception. As a result of these causes, a number of disruptive technology-driven trends in the automotive industry have emerged, including autonomous driving, electrification, diversified mobility, and connectivity. Today, the industry is ready for disruption in the Middle East, and most players believe that recent trends will gain traction and reinforce one another. These factors are likely to help the MEA tilt sensor market recover after the pandemic.
Based on material, the Middle East and Africa tilt sensor market is segmented into metal and non-metal. By technology, the Middle East and Africa tilt sensor market is segmented into force balance, MEMS, and fluid-filled. By industry, the Middle East and Africa tilt sensor market is segmented into mining & construction, consumer electronics, industrial, automotive, and others. Geographically, the Middle East and Africa tilt sensor market is sub-segmented into UAE, Saudi Arabia, South Africa and Rest of Middle East and Africa.
Automation Sensorik Messtechnik GmbH, MEMSIC Semiconductor (Tianjin) Co., Ltd., Geosense, Parker Hannifin Corporation, Shanghai Zhichuan Electronic Tech CO., LTD., Ltd, and TE Connectivity Corporation are among the leading companies operating in Middle East and Africa tilt sensor market.
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