Global Potentiometric Linear Position Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Position Sensors detect the position of something which means that they are referenced either to or from some fixed point or position. These types of sensors provide a “positional” feedback.
Market Overview:The latest research study on the global Potentiometric Linear Position market finds that the global Potentiometric Linear Position market reached a value of USD 1992.52 million in 2022. It’s expected that the market will achieve USD 2795.92 million by 2028, exhibiting a CAGR of 5.81% during the forecast period.
Drivers
Potentiometric Linear Position is a device that detects, measures, records, and discovers the physical motion of an object and converts it into a signal suitable for processing, transmission, or control. In automobiles, the potentiometric linear position is an integral part of the vehicle system for various applications such as turning or bending lamp position sensors, seat position sensors, brake pedal position sensors, accelerator position sensors, chassis position sensors, clutch pedal position sensors., motion axis position sensor, motor shaft position sensor, etc. As technology continues to advance and innovate, the need for more convenient and easier driving options will lead to increased demand for potentiometric linear position in the automotive market.
Except for the above, developed market, they have more international companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for potentiometric linear position market.
Opportunities
Improve performance
With the progress in science and technology, more advanced materials and production methods, and investment of companies, there will be more cost-effective, high-performance product, for example, Micro potentiometric linear position.
Emerging countries
For example, China, India are developing their industries, with the progress of the economy and technology, the increasing demand downstream, such as the increase of Automotive industry, the market of potentiometric linear position has great market potential in the future.
Region Overview:Europe dominated the Potentiometric Linear Position market in 2022, with a market share of 43.91%.
Company Overview:MTS is one of the major players operating in the Potentiometric Linear Position market, holding a share of 16.22% in 2021.
MTS
MTS Systems Corporation supplies test systems and sensors in the Americas, Europe, and Asia. The company’s Test segment offers road simulators and component test systems, vehicle performance test systems, vehicle dynamics simulators, electrical motors and energy recovery systems, tire performance and rolling resistance measurement systems, and moving ground-plane systems and balances.
Vishay
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia.
Segmentation Overview:Among different product types, Contact Linear segment is anticipated to contribute the largest market share in 2028.
Contact Linear
The conductive material is evenly distributed, the resistance per unit length is approximately equal, and the change in resistance value is linear with the rotation angle of the potentiometer.
Contactless Linear
Accurately reflects small displacements and excellent temperature characteristics, suitable for industrial machinery.
Rotary Absolute Angle Transducers
The angle of rotation and the number of wheel circumferences to infer the distance for machine moves.
Application Overview:By application, the Automotive Industry segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Potentiometric Linear Position market covered in Chapter 3:AB Elektronik
Vishay
Turck
TR Electronic
FSG
ASM
Celesco
GermanJet
Novotechnik
Curtiss-Wright
Opkon
MTS
Gefran
Balluff
Elobau
Baumer
In Chapter 4 and Chapter 14.2, on the basis of types, the Potentiometric Linear Position market from 2018 to 2029 is primarily split into:Contact linear
Contactless Linear
Rotary absolute angle transducers
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Potentiometric Linear Position market from 2018 to 2029 covers:Automotive Industry
Plastic Industries
Metal Industries
Wood Industries
Marble Industries
Mobile Hydraulics Industries
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)