Global Position Sensor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Position Sensor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Position Sensor market size was valued at USD 4340.3 million in 2023 and is forecast to a readjusted size of USD 5830.4 million by 2030 with a CAGR of 4.3% during review period.

A position sensor is any device that permits position measurement. It can either be an absolute position sensor or a relative one (displacement sensor). Position sensors can be linear, angular, or multi-axis.

The position sensor market for the automotive application is expected to grow at the highest rate between 2018 and 2023. Position sensors play an essential role in many parts of a high-tech or branded automobile. Position sensor finds its application in areas such as the body, powertrains as well as safety of the vehicle. Moreover, the growth of the automotive electronic control systems (ECS) due to the rising importance of safety and driver convenience feature is expected to significantly propel the demand for position sensors, thereby driving the growth of this market. Moreover, the market for automotive applications is witnessing an increasing demand across major regions such as APAC and Europe, thus this market is likely to grow with the highest rate between 2018 and 2023.

The Global Info Research report includes an overview of the development of the Position Sensor industry chain, the market status of Test Equipment (Photoelectric, Linear), Material Handling (Photoelectric, Linear), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Position Sensor.

Regionally, the report analyzes the Position Sensor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Position Sensor market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Position Sensor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Position Sensor industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Photoelectric, Linear).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Position Sensor market.

Regional Analysis: The report involves examining the Position Sensor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Position Sensor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Position Sensor:

Company Analysis: Report covers individual Position Sensor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Position Sensor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Test Equipment, Material Handling).

Technology Analysis: Report covers specific technologies relevant to Position Sensor. It assesses the current state, advancements, and potential future developments in Position Sensor areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Position Sensor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Position Sensor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Photoelectric
Linear
Proximity
Rotary

Market segment by Application
Test Equipment
Material Handling
Machine Tools
Motion Systems
Robotics
Others

Major players covered
AMS
Honeywell
MTS Systems
Renishaw
TE Connectivity
Vishay Intertechnology
Panasonic
Infineon
Stmicroelectronics
Qualcomm
Allegro Microsystems
Bourns
Dr. Johannes Heidenhain
Hans Turck
Novotechnik Messwertaufnehmer
Siko

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Position Sensor product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Position Sensor, with price, sales, revenue and global market share of Position Sensor from 2019 to 2024.

Chapter 3, the Position Sensor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Position Sensor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Position Sensor market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Position Sensor.

Chapter 14 and 15, to describe Position Sensor sales channel, distributors, customers, research findings and conclusion.