Position Sensor Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	120 Pages	Fortune Business Insights Pvt. Ltd.	August, 2024	FOB19136296

Best Price Guarantee
Price	from $4,850
Length	120 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	August, 2024
SKU	FOB19136296

Position Sensor Market

Growth Factors of Position Sensor Market

The position sensor market size was valued at USD 7.52 billion in 2023, and the market is now projected to grow from USD 8.06 billion in 2024 to USD 15.84 billion by 2032, exhibiting a CAGR of 8.8% during the forecast period of 2024-2032.

The market growth became notably tormented by the COVID-19 pandemic. Many companies inside the enterprise have been attempting to catch up on the losses resulting from disruptions within the supply chain and decreased sales. Post-pandemic, fundamental players in the market have started investing and expanding their production abilities to capitalize on superior sensors.

The automobile region is experiencing a surge in demand for role sensors for Advanced Driver Assistance Systems (ADAS) and self-maintaining motors. These sensors are vital for figuring out the positions of numerous car components, including guidance wheels, seats, pedals, valves, knobs, and actuators. ADAS, together with lane departure warnings and automatic emergency braking, is closely relied upon by way of self-reliant cars. The European Automobile Manufacturers Association said a 5.7% boom in global automobile production in 2022, highlighting the need for advanced sensors for particular and dependable overall performance. This data fusion complements the general overall performance and protection of self-reliant motors.

Manufacturers of consumer electronic gadgets along with tablets and smartphones are being driven to integrate wi-fi communication, sensory competencies, and localization technology because of non-stop improvements in connecting networks and technology. The incorporation of advanced positioning-based systems is on the upward push in these gadgets due to their multiplied processing memory and battery strength, reaping rewards users in applications including healthcare, business automation, and packaging.

Comprehensive Analysis of Position Sensor Market

The linear sensor market in 2023 is dominated by linear sensors, used in vehicles for tasks like throttle and pedal position sensing. The proximity segment is expected to register the highest CAGR, as proximity sensors are increasingly used in smartphones for identifying touchscreen taps and automation. The analog segment is expected to dominate, producing voltage or current signals that change proportionally to position. The digital segment is expected to register the highest CAGR, providing position information through digital signals. The automotive segment is driven by advances in automotive technologies, such as climate control and autonomous driving. The medical segment is expected to grow at the highest CAGR, driven by advancements in sensor technology and changing healthcare requirements.

The Aisa Pacific region lead the position sensor market share by benefitting a market size of USD 3.33 billion in 2023 due to Asia Pacific held a majority element within the marketplace percentage in 2023. The demand for first-rate sensors and precision gadget in Asia is expected to boom because of the outsourcing of manufacturing activities to low-cost developing nations. The local increase is anticipated to be boosted with the aid of the strong development of the producing division and the developing need for brand new system gear in the Indian marketplace over the forecast length. Such elements have contributed to the position sensor market growth inside the region.

Leading sensor companies are focusing on acquiring small and local firms to expand their businesses and increase product demand. Top position sensor companies include Monolithic Power Systems, Renesas Electronics Corporation, TE Connectivity_, Analog Devices Inc., Microchip, NXP Semiconductors, Texas Instruments, Vishay Intertechnology, Infineon Technologies AG, and CTS Corporation.

May 2024: Infineon Technologies AG launched the XENSIV TLE49SR angle sensor portfolio that mixes stray field immunity with excessive accuracy. The sensors are ideally suited for packages which includes vehicle top balancing and electric powered strength steerage, in which safety-aware automobile chassis structures are used.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.8% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

Linear
Rotary
Photoelectric
Proximity
Potentiometric
Others (Fiber-Optic, Magnetostrictive)

By Output Type

Digital
Analog

By Application

Automotive
Industrial Automation
Medical
Military and Aerospace
Packaging
Others (Agriculture)

By Region

North America (By Type, Output Type, Application, and Country)

- U.S.

- Canada

- Mexico

South America (By Type, Output Type, Application, and Country)

- Brazil

- Argentina

- Rest of South America

Europe (By Type, Output Type, Application, and Country)

- U.K.

- Germany

- France

- Italy

- Spain

- Russia

- Benelux

- Nordics

- Rest of Europe

Middle East & Africa (By Type, Output Type, Application, and Country)

- Turkey

- Israel

- GCC

- North Africa

- South Africa

- Rest of the Middle East & Africa

Asia Pacific (By Type, Output Type, Application, and Country)

- China

- Japan

- India

- South Korea

- ASEAN

- Oceania

- Rest of Asia Pacific

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1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Position Sensor Key Players Market Share/Ranking, 2023
5. Global Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Type (USD); 5.2.1. Linear; 5.2.2. Rotary; 5.2.3. Photoelectric; 5.2.4. Proximity; 5.2.5. Potentiometric; 5.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 5.3. By Output Type (USD); 5.3.1. Digital; 5.3.2. Analog; 5.4. By Application (USD); 5.4.1. Automotive; 5.4.2. Industrial Automation; 5.4.3. Medical; 5.4.4. Military and Aerospace; 5.4.5. Packaging; 5.4.6. Others (Agriculture, etc.); 5.5. By Region (USD); 5.5.1. North America; 5.5.2. South America; 5.5.3. Europe; 5.5.4. Middle East & Africa; 5.5.5. Asia Pacific
6. North America Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Type (USD); 6.2.1. Linear; 6.2.2. Rotary; 6.2.3. Photoelectric; 6.2.4. Proximity; 6.2.5. Potentiometric; 6.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 6.3. By Output Type (USD); 6.3.1. Digital; 6.3.2. Analog; 6.4. By Application (USD); 6.4.1. Automotive; 6.4.2. Industrial Automation; 6.4.3. Medical; 6.4.4. Military and Aerospace; 6.4.5. Packaging; 6.4.6. Others (Agriculture, etc.); 6.5. By Country (USD); 6.5.1. U.S.; 6.5.2. Canada; 6.5.3. Mexico
7. South America Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Type (USD); 7.2.1. Linear; 7.2.2. Rotary; 7.2.3. Photoelectric; 7.2.4. Proximity; 7.2.5. Potentiometric; 7.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 7.3. By Output Type (USD); 7.3.1. Digital; 7.3.2. Analog; 7.4. By Application (USD); 7.4.1. Automotive; 7.4.2. Industrial Automation; 7.4.3. Medical; 7.4.4. Military and Aerospace; 7.4.5. Packaging; 7.4.6. Others (Agriculture, etc.); 7.5. By Country (USD); 7.5.1. Brazil; 7.5.2. Argentina; 7.5.3. Rest of South America
8. Europe Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Type (USD); 8.2.1. Linear; 8.2.2. Rotary; 8.2.3. Photoelectric; 8.2.4. Proximity; 8.2.5. Potentiometric; 8.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 8.3. By Output Type (USD); 8.3.1. Digital; 8.3.2. Analog; 8.4. By Application (USD); 8.4.1. Automotive; 8.4.2. Industrial Automation; 8.4.3. Medical; 8.4.4. Military and Aerospace; 8.4.5. Packaging; 8.4.6. Others (Agriculture, etc.); 8.5. By Country (USD); 8.5.1. U.K.; 8.5.2. Germany; 8.5.3. France; 8.5.4. Italy; 8.5.5. Spain; 8.5.6. Russia; 8.5.7. Benelux; 8.5.8. Nordics; 8.5.9. Rest of Europe
9. Middle East & Africa Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Type (USD); 9.2.1. Linear; 9.2.2. Rotary; 9.2.3. Photoelectric; 9.2.4. Proximity; 9.2.5. Potentiometric; 9.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 9.3. By Output Type (USD); 9.3.1. Digital; 9.3.2. Analog; 9.4. By Application (USD); 9.4.1. Automotive; 9.4.2. Industrial Automation; 9.4.3. Medical; 9.4.4. Military and Aerospace; 9.4.5. Packaging; 9.4.6. Others (Agriculture, etc.); 9.5. By Country (USD); 9.5.1. Turkey; 9.5.2. Israel; 9.5.3. GCC; 9.5.4. North Africa; 9.5.5. South Africa; 9.5.6. Rest of Middle East & Africa
10. Asia Pacific Position Sensor Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Type (USD); 10.2.1. Linear; 10.2.2. Rotary; 10.2.3. Photoelectric; 10.2.4. Proximity; 10.2.5. Potentiometric; 10.2.6. Others (Fiber-Optic, Magnetostrictive, etc.); 10.3. By Output Type (USD); 10.3.1. Digital; 10.3.2. Analog; 10.4. By Application (USD); 10.4.1. Automotive; 10.4.2. Industrial Automation; 10.4.3. Medical; 10.4.4. Military and Aerospace; 10.4.5. Packaging; 10.4.6. Others (Agriculture, etc.); 10.5. By Country (USD); 10.5.1. China; 10.5.2. Japan; 10.5.3. India; 10.5.4. South Korea; 10.5.5. ASEAN; 10.5.6. Oceania; 10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Monolithic Power Systems, Inc.; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Renesas Electronics Corporation; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. TE Connectivity; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Analog Devices Inc.; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Microchip Technology Inc.; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. NXP Semiconductors; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Texas Instruments Inc.; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. Vishay Intertechnology, Inc.; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. Infineon Technologies AG; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. CTS Corporation; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments