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Report
Global Position Sensor Market Report and Forecast 2024-2032
Market Report I 2023-12-13 I 220 Pages I EMR Inc.
Global Position Sensor Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global position sensor market grew significantly in 2023. Aided by the rapid technological advancements in the automotive, manufacturing, and healthcare sectors and the increasing application of position sensors in various innovative technologies, the market is projected to grow at a CAGR of 8% between 2024 and 2032.
Position sensors are vital components used to determine the position or distance of an object with respect to a fixed point or reference. They are an integral part of various devices and systems, providing crucial information for controlling and monitoring operations. These sensors find applications across multiple sectors, including automotive, aerospace, healthcare, electronics, and industrial automation, among others.
A significant driver propelling the global position sensor market growth is the increasing integration of these sensors in modern vehicles. As automotive technology marches towards autonomous vehicles, the importance of accurate position sensing becomes paramount. These sensors aid in crucial operations such as advanced driver assistance systems (ADAS), vehicle stability control, and parking assistance, to name a few.
Moreover, the proliferation of Industry 4.0 and the increasing automation in manufacturing units improve the position sensor market demand. Position sensors play a pivotal role in robotic arms, conveyor systems, and CNC machines, ensuring accuracy and efficiency in production processes. The growth in the industrial sector and the shift towards smart manufacturing is anticipated to fuel the demand for position sensors in the coming years.
In the healthcare sector, position sensors have become an essential component of modern medical equipment. They are integral in devices like infusion pumps, MRI machines, and robotic surgical systems. As healthcare technology becomes more advanced and patient-centric, the requirement for accurate positioning, especially in surgical and diagnostic procedures, becomes crucial, thus driving the demand for sophisticated position sensors.
Furthermore, the global shift towards renewable energy sources, especially wind energy, has influenced the position sensor market outlook. These sensors are vital in wind turbines, helping in blade position monitoring and pitch control. As nations worldwide invest in sustainable energy solutions, the demand for position sensors in such applications is expected to rise.
Market Segmentation
The market can be divided based on type, technology, contact type, output, application, end use, and region.
Market Breakup by Type
- Linear Type
o Linear Encoders
o Linear Variable Differential Transformers
o Magnetostrictive Sensors
o Linear Potentiometers
o Laser Position Sensors
- Rotary Position Sensors
o Rotary Encoders
o Rotary Potentiometers
o Rotary Variable Differential Transformers
o Resolvers
- Others
Market Breakup by Technology
- Photoelectric
- Rotary
- Linear
- Proximity
- Others
Market Breakup by Contact Type
- Non-Contact Type
- Contact Type
Market Breakup by Output
- Digital Output
- Analogue Output
Market Breakup by Application
- Machine Tools
- Robotics
- Motion Systems
- Material Handling
- Test Equipment
- Others
Market Breakup by End Use
- Automotive
- Aerospace and Defence
- Electronics
- Healthcare
- Manufacturing and Packaging
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global position sensor market. Some of the major players explored in the report by Expert Market Research are as follows:
- Honeywell International Inc.
- SICK AG
- AMS AG
- TE Connectivity Corporation
- MTS Systems Corporation
- Vishay Intertechnology, Inc.
- Infineon Technologies
- Bourns
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Position Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Position Sensor Historical Market (2018-2023)
8.3 Global Position Sensor Market Forecast (2024-2032)
8.4 Global Position Sensor Market by Type
8.4.1 Linear Type
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Linear Encoders
8.4.1.3.1.1 Historical Trend (2018-2023)
8.4.1.3.1.2 Forecast Trend (2024-2032)
8.4.1.3.2 Linear Variable Differential Transformers
8.4.1.3.2.1 Historical Trend (2018-2023)
8.4.1.3.2.2 Forecast Trend (2024-2032)
8.4.1.3.3 Magnetostrictive Sensors
8.4.1.3.3.1 Historical Trend (2018-2023)
8.4.1.3.3.2 Forecast Trend (2024-2032)
8.4.1.3.4 Linear Potentiometers
8.4.1.3.4.1 Historical Trend (2018-2023)
8.4.1.3.4.2 Forecast Trend (2024-2032)
8.4.1.3.5 Laser Position Sensors
8.4.1.3.5.1 Historical Trend (2018-2023)
8.4.1.3.5.2 Forecast Trend (2024-2032)
8.4.2 Rotary Position Sensors
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Rotary Encoders
8.4.2.3.1.1 Historical Trend (2018-2023)
8.4.2.3.1.2 Forecast Trend (2024-2032)
8.4.2.3.2 Rotary Potentiometers
8.4.2.3.2.1 Historical Trend (2018-2023)
8.4.2.3.2.2 Forecast Trend (2024-2032)
8.4.2.3.3 Rotary Variable Differential Transformers
8.4.2.3.3.1 Historical Trend (2018-2023)
8.4.2.3.3.2 Forecast Trend (2024-2032)
8.4.2.3.4 Resolvers
8.4.2.3.4.1 Historical Trend (2018-2023)
8.4.2.3.4.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Position Sensor Market by Technology
8.5.1 Photoelectric
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Rotary
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Linear
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Proximity
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Position Sensor Market by Contact Type
8.6.1 Non-Contact Type
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Contact Type
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Position Sensor Market by Output
8.7.1 Digital Output
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Analogue Output
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Position Sensor Market by Application
8.8.1 Machine Tools
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Robotics
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Motion Systems
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Material Handling
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Test Equipment
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Others
8.9 Global Position Sensor Market by End Use
8.9.1 Automotive
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Aerospace & Defense
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Electronics
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Healthcare
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Manufacturing & Packaging
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
8.9.6 Others
8.10 Global Position Sensor Market by Region
8.10.1 North America
8.10.1.1 Historical Trend (2018-2023)
8.10.1.2 Forecast Trend (2024-2032)
8.10.2 Europe
8.10.2.1 Historical Trend (2018-2023)
8.10.2.2 Forecast Trend (2024-2032)
8.10.3 Asia Pacific
8.10.3.1 Historical Trend (2018-2023)
8.10.3.2 Forecast Trend (2024-2032)
8.10.4 Latin America
8.10.4.1 Historical Trend (2018-2023)
8.10.4.2 Forecast Trend (2024-2032)
8.10.5 Middle East and Africa
8.10.5.1 Historical Trend (2018-2023)
8.10.5.2 Forecast Trend (2024-2032)
9 North America Position Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Position Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Position Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Position Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Position Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porters Five Forces Analysis
14.2.1 Suppliers Power
14.2.2 Buyers Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Honeywell International Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 SICK AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 AMS AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 TE Connectivity Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 MTS Systems Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Vishay Intertechnology, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Infineon Technologies
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Bourns
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Position Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Position Sensor Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Position Sensor Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Position Sensor Historical Market: Breakup by Technology (USD Million), 2018-2023
5. Global Position Sensor Market Forecast: Breakup by Technology (USD Million), 2024-2032
6. Global Position Sensor Historical Market: Breakup by Contact Type (USD Million), 2018-2023
7. Global Position Sensor Market Forecast: Breakup by Contact Type (USD Million), 2024-2032
8. Global Position Sensor Historical Market: Breakup by Output (USD Million), 2018-2023
9. Global Position Sensor Market Forecast: Breakup by Output (USD Million), 2024-2032
10. Global Position Sensor Historical Market: Breakup by Application (USD Million), 2018-2023
11. Global Position Sensor Market Forecast: Breakup by Application (USD Million), 2024-2032
12. Global Position Sensor Historical Market: Breakup by End Use (USD Million), 2018-2023
13. Global Position Sensor Market Forecast: Breakup by End Use (USD Million), 2024-2032
14. Global Position Sensor Historical Market: Breakup by Region (USD Million), 2018-2023
15. Global Position Sensor Market Forecast: Breakup by Region (USD Million), 2024-2032
16. North America Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
17. North America Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Europe Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
19. Europe Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Asia Pacific Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
21. Asia Pacific Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Latin America Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
23. Latin America Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Middle East and Africa Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
25. Middle East and Africa Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
26. Global Position Sensor Market Structure
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