Market Highlights

Position sensor when used in the automobiles determines the distance between two moving objects and enhances safety. Position sensor can be broadly classified into linear position sensor and rotary position sensor. Factors such as increasing adoption of new technologies that include integrated control system for consumer electronics and growing demand for plant automation are driving the growth of the position sensor market. However, necessity for multiple technology solution and cost-issues hampers the growth of position sensor market. The most popular position sensor technology is CIPOS which is used in the automobile industry. Hence, this technology helps operational control driving while accelerating, shifting and steering.

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Key Players

The key players in the global Position Sensor Market Size include- Honeywell International, Inc. (US), Ams AG (Germany), MTS Systems Corporation (US), Renishaw plc. (UK), TE Connectivity Ltd. (Switzerland), Vishay Intertechnology, Inc. (US), Allegro MicroSystems, LLC (US), Panasonic Corporation (Japan), Infineon Technologies AG (Germany), STMicroelectronics N.V. (Switzerland), Qualcomm Technologies, Inc. (US), among others.

Segments

For the purpose of this study, Market Research Future has segmented the market of position sensor into contact type, type, output, industries and region.

Contact Type

Contact
Non-Contact
Type

Linear Position Sensor
Rotary Position Sensor
Output

Analog
Digital
Industry

Aerospace
Consumer Electronics
Manufacturing
Healthcare
Packaging
Automotive
Others
Region

North-America
Europe
Asia-Pacific
RoW
Regional Analysis-

Regionally, Europe accounted for the largest market share, because of the strict law emissions in the European countries, increasing usage of linear and rotary position sensors for the automobile industry and increasing automobile production.

However, Asia-Pacific is expected to grow over the forecast period majorly due to high adoption of new technological solutions, increasing demand for consumer electronics and increasing focus towards the automotive industry.

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Intended Audience

Original Equipment Manufacturers
Distributors
Research firms
Consultancy firms
Semiconductor Manufacturers
End-user sectors
Technology Investors
About Market Research Future:

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