Shock Sensor - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Shock Sensor Market is accounted for $684.10 million in 2019 and is expected to reach $2,788.22 million by 2027 growing at a CAGR of 19.2% during the forecast period. Some of the factors boosting the growth of the market are the rising adoption of shock sensors for various applications in end-use industries and rapid growth of the retail sector. However, a low-quality product offered by local manufacturers is restraining the growth of the market.
Shock sensors are electronic components utilized for manufacturing sensors that are utilized for triggering an alert about thefts, burglary, or any mishap in end-use industries. Shock sensors are utilized to detect shock related to tampering. Shock sensors are compact in size and affordable and they are also utilized to protect goods during transportations.
Based on the material, the quartz segment is anticipated to hold considerable market share during the forecast period as it is most abundantly available, natural material used for manufacturing sensors and highly preferred material owing to its ruggedness and inertness to chemical reactions. By geography, North America is going to have a lucrative growth during the forecast period due to strong presence of well-developed end-use industries and infrastructure, and effective after-sale services offered by manufacturer’s countries in the region.
Some of the key players profiled in the Shock Sensor Market include TE Connectivity, Spotsee, Meggitt SA, PCB Piezotronics Inc, Mobitron AB, Dytran Instruments Inc, IMI Sensors, i1 Biometrics, Honeywell International, Climax Technology Co, Ltd, SignalQuest, LLC, and Murata Manufacturing Co, Ltd.
• Strain Gage
• Pressure Resistance Type
• Gallium Phosphate
End Users Covered:
• Medical Care
• Consumer Electronics
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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