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Shock Sensor Market Trends

Report ID: GMI9895
Published Date: Jun 2024
Report Format: PDF

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Shock Sensor Market Trends

Recent advancements in AI and ML technologies have paved the way for the integration of intelligent capabilities into shock sensors, driving a significant trend in the market. By leveraging AI and ML algorithms, shock sensors can analyze complex data patterns, distinguish between normal & abnormal events, and enhance the accuracy of impact detection & classification. For example, AI-powered shock sensors can differentiate between benign vibrations caused by routine activities and critical impacts indicative of security breaches or equipment failures. For instance, in February 2022, STMicroelectronics introduced its third generation of MEMS sensors, which deliver the highest accuracy for features such as activity detection, indoor navigation, and precision industrial sensing. This sensor has a Machine Learning Core (MLC), which enables onboard processing and reduces the need for cloud-based processing.

The market for shock sensors is shifting toward wireless and IoT-enabled solutions due to increased demand for connectivity, mobility, and real-time monitoring. These sensors use technologies, such as Bluetooth, Wi-Fi, Zigbee, and cellular connectivity, for remote monitoring, control, and management. They integrate seamlessly into IoT ecosystems, providing real-time insights and predictive analytics, driving market growth and innovation in various industries. For example, the Honeywell 5819S Wireless Shock Sensor is a versatile device that offers both magnetic contact and shock detection capabilities.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Industry size for shock sensor was worth over USD 1.1 billion in 2023 and is projected to expand at over 20% CAGR from 2024 to 2032, owing to the rapid advancements in sensor technology, particularly in the realm of micro-electro-mechanical systems (MEMS) sensors.

The piezoelectric type segment in the shock sensor industry accounted for over 35% share in 2023 and is estimated to depict notable CAGR between 2024 and 2032, as they offer versatility in terms of application compatibility, making them suitable for diverse industries and environments.

The automotive end-use segment in the shock sensor industry is estimated to showcase over 20% CAGR between 2024 and 2032, led by the growing need to enhance vehicle safety, comfort, and convenience.

North America market accounted for more than 30% share in 2023 and is estimated to grow at substantial CAGR between 2024 and 2032, owing to the presence of robust automotive and aerospace industries.