Global Shock Sensor Market – Industry Trends and Forecast to 2029

Global Shock Sensor Market, By Material (Quartz, Tourmaline and Gallium Phosphate, Others), Type (Piezoelectric, Piezoresistive, Strain Gage, Capacitors, Others), Output Type (Analog, Digital), Shock Detection Technique (Accelerometers, Micro-Electromechanical Systems, Magnetic Balls, Spring-Mass Systems, Surface Tension Disruption In Liquid, Others), Application (Tap Detection, Micro-Drive Protection, Shipping and Handling, Automotive Security Systems, General Tamper-Proofing, and Others),  End-User (Automotive, Aerospace, Industrial, Consumer Electronics, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

The global market for shock sensors is anticipated to generate significant amounts of revenue over the forecast period. This forecast is predicated on the widespread use of shock sensors across several sectors. Shock sensors must be used in a number of gadgets, according to organizations authorized to grant safety certificates to auto and electronics makers. This element is also anticipated to provide significant income for the global market for shock sensors. The emergence of automation technologies like deep learning, machine learning, and artificial intelligence has further fueled market demand.  Consequently, these growth determinants give the market a positive outlook over the forecasted timeline.

Global shock sensor market was valued at USD 668.04 million in 2021 and is expected to reach USD 3387.59 million by 2029, registering a CAGR of 22.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Market Definition

A shock overload device called a shock sensor or impact monitor detects whether a shock or impact has happened and sounds an alarm. Shock sensors are mostly used in the automobile industry to detect the effects of forced entrance on vehicle bodies since they are simple to install, easy to use, require no external power, and provide an effective response at mid-range to higher frequencies. These sensors are utilized in "smart houses," where an alert is set off by any intrusion, no matter how tiny, and the alarm output may be viewed on a laptop or smartphone.

Shock Sensor Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Burgeoning Applications across End Use Industries

The market has grown significantly over the past few years due to the expanding use of shock sensors across various end-use sectors. The use of these devices has grown over time in industries like aerospace, automotive, and consumer electronics. Additional aspects that are anticipated to improve the market's growth prospects over the projected period include the rise in smart city projects, product advancements, and widespread usage of shock sensors in the movement of goods and manufacturing facilities. This factor will largely boost over the forecast period.

• High Usage across Consumer Electronics Products

Shock sensors are gaining ground in laptops and other portable devices that use disc drives. Manufacturers of laptops are fitting them with three-axis shock sensors that can detect unexpected motions, free falls, and impacts. It is used in computers to detect shock or vibration. The hard disc drive read/write head retracts from the disc itself when the vibration rises above a set threshold. The shock sensor prevents the drive from completely shutting down or the head from scratching the disc upon impact. Consequently, the increased usage for consumer electronic products will further boost the overall demand for the shock sensors and thus accelerate the overall market growth over the forecast period.

Additionally, the retail industry's explosive growth has also expanded the use of these sensors in that industry. Shock sensors are also employed as glass-break sensors in homes, businesses, autos, and burglar alarms to sound an alarm in the case of a forced entrance. Sales of these goods are anticipated to increase as a result of the numerous applications for these sensors in the consumer electronics market.

Opportunities

• Application Of Machine Learning And The Internet Of Things

The application of machine learning and the internet of things is estimated to generate lucrative opportunities for the market, which will further expand the shock sensor market's growth rate in the future. The key aim for market players is to develop and increase the sensitivity of shock sensors. Consequently, it is anticipated that the market players will benefit from the integration of IoT sensors to detect shock waves.

• Surging Product Launches And Other Innovations

Additionally, the surging product launches and other innovations by market players further offer numerous growth opportunities within the market. Leading shock sensor market companies offer the required measures to enhance shock sensors' quality, accuracy, and performance, offering more cutting-edge and security features.

Restraints/Challenges

• High Cost and Investments

 The shock sensors are very expensive which further derail the overall market’s growth. Moreover, the shock sensors also further requires high investments. Therefore, the high costs as well as the investments required are further expected to obstruct market growth over the forecast period.

• Lack of Technical Expertise

The market growth rate will be further slowed down by a shortage of qualified personnel or technological know-how, particularly in developing and underdeveloped economies. The dearth of technical expertise is therefore estimated to be significant challenge for the shock sensor market over the forecast period.

Also, the less availability in the developing countries is yet another major restraint that hurdles the market's overall growth.

This shock sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the shock sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Shock Sensor Market

The shock sensor market was immensely impacted by the outbreak of COVID-19. The demand for shock sensors has decreased due to the worldwide travel and transportation bans and the stoppage of manufacturing operations. It is currently impossible to estimate the challenge's true size and scope. The worldwide shutdown has created a stop in automobile and aircraft manufacturing, which has significantly influenced the overall market situation for shock sensors. The oil and gas, automotive, and goods and manufacturing sectors are all experiencing a shutdown, which is causing a decline in income for the shock sensor market. After lockdown limitations are released, the price of shock sensors increases because to a lack of raw materials. This is expected to have a detrimental effect on the shock sensor market's already disturbed demand-supply chain.

Recent Developments

• In May 2020, Climax Technology Co. Ltd. producer of wireless alarm systems, introduced the SVGS Series of shock, vibration, and glass break sensors, including the SVGS-3-F1, SVGS-3, SVGS-5-F1, and SVGS-5 with a battery life of around 4-5 years. These sensors' operational ranges for temperature and humidity are -100C to 450C and 85 percent, respectively. The portable wireless shock sensor may be quickly and easily mounted on glass windows, doors, roofs, or safety boxes. It can detect a single significant shock event or a series of minor shock events.

Global Shock Sensor Market Scope

The shock sensor market is segmented on the basis of material, type, output type, shock detection technique, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

• Quartz
• Tourmaline and Gallium Phosphate
• Others

Type

• Piezoelectric
• Piezoresistive
• Strain Gage
• Capacitors
• Others

Output Type

• Analog
• Digital

Shock Detection Technique

• Accelerometers
• Micro-Electromechanical Systems
• Magnetic Balls
• Spring-Mass Systems
• Surface Tension Disruption In Liquid
• Others

 Application

• Tap Detection
• Micro-Drive Protection
• Shipping and Handling
• Automotive Security Systems
• General Tamper-Proofing
• Others

 End-User

• Automotive
• Aerospace
• Industrial
• Consumer Electronics
• Others

Shock Sensor Market Regional Analysis/Insights

The shock sensor market is analyzed and market size insights and trends are provided by country, material, type, output type, shock detection technique, application and end-user as referenced above.

The countries covered in the shock sensor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the shock sensor market because of the presence of a well-established infrastructure and low labor costs in the advancing countries within the region. Moreover, the effective after-sale services offered by manufacturers within the economies is further estimated to accelerate the expansion over the forecast period.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to steady growth in the oil and gas exploration operation in the area within the region. China's large base for producing electronics items makes it a significant contributor to the regional market expansion.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Shock Sensor Market Share Analysis

The shock sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to shock sensor market.

Some of the major players operating in the shock sensor market are

• FlexEnable Limited (U.K.)
• T+ink, Inc. (U.S.)
• Brewer Science, Inc. (U.S.)
• DuPont (U.S)
• Palo Alto Research Center (PARC) Inc. (U.S.)
• Interlink Electronics, Inc. (U.S)
• Thin Film Electronics ASA (Norway)
• ISORG (France)
• Peratech Holdco Ltd (U.K.)
• KWJ Engineering Inc., (U.S.)
• Fujifilm Holding Corporation (Japan)
• Canatu (Finland)
• Interlink Electronics, Inc. (U.S.)
• Tekscan, Inc. (U.S.)