Global Inductive Position Sensors Market Growth 2023-2029
Inductive Position Sensors are devices which generates output signal or electrical signal when metal objects are either inside or entering into its sensing area from any direction. The metal objects above includes iron, aluminum, brass, copper, etc with varied sensing distances. First inductive position sensor was introduced in the mid 60’s.
LPI (LP Information)' newest research report, the “Inductive Position Sensors Industry Forecast” looks at past sales and reviews total world Inductive Position Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Inductive Position Sensors sales for 2023 through 2029. With Inductive Position Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inductive Position Sensors industry.
This Insight Report provides a comprehensive analysis of the global Inductive Position Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Inductive Position Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Inductive Position Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inductive Position Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Inductive Position Sensors.
The global Inductive Position Sensors market size is projected to grow from US$ 900.4 million in 2022 to US$ 1092.5 million in 2029; it is expected to grow at a CAGR of 1092.5 from 2023 to 2029.
Ifm Electronic, PEPPERL+FUCHS, TURCK, Omron Corporation, Eaton and Baumer are the top 6 of global Inductive Position Sensors, with about 60% market shares.
The global production is concentrated in Europe and North America. Japan takes 17% share and China accounts about 14% share of the global production.
This report presents a comprehensive overview, market shares, and growth opportunities of Inductive Position Sensors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cylinder Sensors
Rectangular Sensors
Ring & Slot Sensors
Tubular Sensors
Segmentation by application
Aerospace & Defense
Automotive
Industrial Manufacturing
Food & Beverage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ifm Electronic
PEPPERL+FUCHS
TURCK
Omron Corporation
Eaton
Baumer
Honeywell International Inc
Schneider Electric
Rockwell Automation
Balluff
Sick AG
Panasonic Corporation
GARLO GAVAZZI
Warner Electric (Altra)
Proxitron
Fargo Controls
Key Questions Addressed in this Report
What is the 10-year outlook for the global Inductive Position Sensors market?
What factors are driving Inductive Position Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Inductive Position Sensors market opportunities vary by end market size?
How does Inductive Position Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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