The
global shock sensor market size is expected to reach USD
1,726.7 million by 2025, registering a CAGR of 17.2% from 2019 to 2025,
according to a new study conducted by Grand View Research, Inc. The increasing
use of shock sensors in oil & gas exploration activities and products such as
laptops, ATMs, bank vaults, burglar alarms, and sports & safety helmets is
expected to remain the key factor driving their demand over the forecast
period. The increasing number of smart city initiatives undertaken across
different countries is expected to further fuel the shock sensors market
growth.
Shock
sensors are compact in size as well as affordable. These benefits are leading
to their large-scale use by buyers in the consumer electronics segment. They
are also deployed inside cars and homes, wherein any kind of forced entry or a
slight tap triggers an alarm. Moreover, they are user-friendly and consumers
can operate and track the alarm performance using a laptop or a smartphone.
These easy-to-use features are leading to a surge in their demand.
Furthermore,
shock sensors are widely used in sports helmets. They are embedded in helmets
and mouth guards to record impacts whenever players injure themselves and play
a crucial role in determining the nature of the injury, thereby helping
doctors/health experts decide the best course of treatment. The data emitted by
these sensors is transferred to smartphones or a connected computing device,
which helps offer timely medical assistance. For instance, i1Biometrics, a
Washington-based company, manufactures a variety of shock sensors designed
specifically to be attached to helmets for rendering timely assistance to
sportspersons.
There
has been a growing need for protecting shipped goods from damages caused during
transit. This is one of the major factors expected to drive the market growth
over the forecast period. Additionally, the demand for shock sensors is
increasing in Asia Pacific, Alaska, and Africa owing to the steady growth in
oil & gas exploration activities in these regions. The shock sensors used for
various applications in the oil & gas industry are rugged and can withstand
harsh environments with very high temperatures.
The
major players have been shifting their focus on research & development
activities aimed at the development of new technologies and fine-tuning their
existing products to sustain the growing competition. The manufacturers also
offer a few key add-on services such as maintenance services and the add-on
software analytics used to measure shocks. These measures are enabling manufacturers
to maintain their market positions.
Full Research Report On Shock Sensor Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/shock-sensor-market
Further key
findings from the report suggest:
- Aerospace segment is
anticipated to register the highest CAGR from 2019 to 2025 owing to the
growing use of sensors for recording and monitoring vibrations in
hazardous environments
- The strain gage segment is
anticipated to register the highest CAGR of 20.6% from 2019 to 2025 owing
to the increasing adoption of strain gage shock sensors as primary sensors
- The Asia Pacific regional
market is anticipated to reach USD 545.6 million by 2025 owing to the
increase in aerospace and defense budgets of countries such as India and
China
- Key industry participants
include TE Connectivity; Murata Manufacturing Co., Ltd.; PCB Piezotronics
Inc.; Honeywell International, Inc.; Dytran Instruments Inc.; Mobitron AB;
Meggitt SA; Spotsee; IMI Sensors; SignalQuest, LLC; Climax Technology Co.
Ltd.; and i1Biometrics.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/shock-sensor-market/request/rs1
Grand View Research has segmented
the global shock sensors market on the basis of type, material, end use, and
region.
Shock Sensors Type
Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Piezoelectric
- Piezoresistive
- Capacitors
- Strain Gage
- Others
Shock Sensors
Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Tourmaline
- Quartz
- Salts
- Gallium Phosphate
Shock Sensors
End-Use Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Automotive
- Aerospace
- Industrial
- Consumer Electronics
- Others
Shock Sensors
Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Colombia
- Middle East &
Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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