Global Magnetostrictive Position Sensors Market Growth 2025-2031
The global Magnetostrictive Position Sensors market size is predicted to grow from US$ 195 million in 2025 to US$ 310 million in 2031; it is expected to grow at a CAGR of 8.0% from 2025 to 2031.
Magnetostrictive position sensors are non-contact linear position sensors that use the momentary interaction of two magnetic fields to produce a strain pulse that moves along a waveguide. One field is from a magnet that moves along the outside of the waveguide. The other field is from the waveguide itself.
MTS Sensor Technologies, BALLUFF, ASM Sensor, MEGATRON, TURCK, AMETEK, TSM SENSORS SRL, GEFRAN, etc. are the key suppliers in the global Magnetostrictive Position Sensors market. Top 5 took up more than 60% of the global market in 2019. MTS Sensor Technologies, BALLUFF, ASM Sensor, etc. which have leading technology and market position, are well-known suppliers around the world.
LP Information, Inc. (LPI) ' newest research report, the “Magnetostrictive Position Sensors Industry Forecast” looks at past sales and reviews total world Magnetostrictive Position Sensors sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetostrictive Position Sensors sales for 2025 through 2031. With Magnetostrictive Position Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetostrictive Position Sensors industry.
This Insight Report provides a comprehensive analysis of the global Magnetostrictive 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 Magnetostrictive Position Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetostrictive Position Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetostrictive 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 Magnetostrictive Position Sensors.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetostrictive Position Sensors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Analog Type
Digital Type
Segmentation by Application:
Petroleum Industry
Chemical Industry
Pharmaceutical Industry
Food Industry
Other Industries
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 analysing the company's coverage, product portfolio, its market penetration.
MTS Sensors
BALLUFF
ASM Sensor
MEGATRON
TURCK
AMETEK Gemco
TSM SENSORS SRL
GEFRAN
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetostrictive Position Sensors market?
What factors are driving Magnetostrictive Position Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetostrictive Position Sensors market opportunities vary by end market size?
How does Magnetostrictive Position Sensors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.