According to the new market research report by IndustryARC titled “Position Sensors Market:By Type (Linear position, Linear Encoder, LVDT, Magnetostrictive, Linear Potentiometer, Laser Position, Rotary Position & Proximity); By Specification(Contact, Non contact); By Output(Analog, Digital); By Application(Test, Material Handling, Machine Tool, Motion System, Robotics) ; By End-user(Automotive, Aerospace, Electronics, Healthcare, Manufacturing, Packaging, Others) - Forecast (2018-2023),” the market will be driven by growing demand for measurement and inspection applications in the manufacturing industry.
Europe will Dominate the Position Sensors Market
Europe will have the largest share in the Position Sensors Market in the forecast period due to the growth of the automotive industry. The growth of the Asia Pacific market is due to the growth of the automotive, consumer electronics, and manufacturing industries. The adoption of new technological solutions also drives the demand for the position sensors in the Asia Pacific.
Position Sensors Market Regulatory Analysis Done in the Full Report:
The automotive industry will dominate the Position Sensors Market in the forecast period. This is due to the usage of a large number of position sensors for different applications in vehicles. In a vehicle, the position sensor gives information to the engine control module in the form of output signals. It detects the position of the wiper and determines the position of the power seats. These sensors ensure the safety of a vehicle.
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Selected Driving Factors Mentioned in the Position Sensors Market Report
- Increasing adoption of integrated control systems in the electronic devices will drive the demand for alignment sensor.
- Growing demand for plant automation in the process industries provides opportunities for position sensors.
- Growing demand for vehicles safety supports the demand for the position sensors during the forecast period.
- Increasing adoption of wireless sensor technology enhances the demand for displacement sensor.
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Key Players of the Position Sensors Market
The key players of the Position Sensors Market include Honeywell International, Renishaw, and TE Connectivity. Honeywell provides sensors solutions which are quite reliable in the industry. It produces magnetic position sensors which find the direction of the external magnetic fields. Renishaw provides robust encoders which are used in industrial applications such as industrial automation, metalworking, stone cutting, etc. TE Connectivity provides industrial linear and angular position sensors.
The Position Sensors Market Is Segmented as Indicated Below:
A. Position Sensors Market By Type
1. Linear position
2. Linear Encoder
3. LVDT
4. Magnetostrictive
5. Linear Potentiometer
6. Laser Position
7. Rotary Position
8. Proximity
B. Position Sensors Market By Specification
1. Contact
2. Non-Contact
C. Position Sensors Market By Output
1. Analog
2. Digital
D. Position Sensors Market By Application
1. Test
2. Material Handling
3. Machine Tool
4. Motion System
5. Robotics
E. Position Sensors Market By End-user
1. Automotive
2. Aerospace
3. Electronics
4. Healthcare
5. Manufacturing
6. Packaging
7. Others
F. Position Sensors Market By Geography (16+ countries)
G. Position Sensors Market Entropy
H. Company Profiles
1. Honeywell International Inc.
2. Renishaw Plc.
3. TE Connectivity Ltd.
4. Vishay Intertechnology, Inc.
More than 10 companies are profiled in this report
- I.Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
Related Reports:
- A.Parking Sensor Market
- B.Proximity Sensor Market
What can you expect from the report?
The Position Sensors Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country-level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis
FAQs:
Does IndustryARC publish country, geography, or application–based reports in Position Sensors ?
Yes, we do have separate reports and database as mentioned below:
1. Position Sensors Market Report (2018-2023)
2. Americas Position Sensors Market Analysis (2018-2023)
3. Europe Position Sensors Market Size (2018-2023)
4. Asia Pacific Position Sensors Market Share (2018-2023)
5. Row Position Sensors Market Trends (2018-2023)
6. Automotive Position Sensors Market Forecast (2018-2023)
7. Aerospace Position Sensors Market Growth (2018-2023)
Does IndustryARC provide customized reports and charge additionally for limited customization?
Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customizations:
1. Increase the level of data in the application or end-user industry.
2. Increase the number of countries in geography or product chapter.
3. Find out market shares for other smaller companies or companies that are of interest to you
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, and value and supply chain analysis can be requested for a country or end-use segment.
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to sales@industryarc.com to learn more about our consulting services.
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