According to Verified Market Research, The Global Position Sensor Market was valued at USD 4.34 billion in 2017 and is projected to reach USD 6.95 billion by 2025, growing at a CAGR of 6.1% from 2018 to 2025.
What are Position Sensors?
Position sensor is defined as an electronic device that is used for position measurement where displacement, position, distance, or length measurements are applied for automating, testing, or monitoring processes. It measures the distance travelled by the body starting from its reference position. Depending upon the different sensing principles, position sensors are classified into capacitive position sensors, linear voltage differential transformers, magnetostrictive linear position sensor, fiber-optic position sensor, optical position sensors and many others. It has applications in different industries such as aerospace, automotive, manufacturing and healthcare.
Global Position Sensor Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Growing emphasis on measurement and inspection in the manufacturing industry, rising adoption of position sensors in the aviation and aerospace industry and incorporation of position sensors in modern automobiles have been driving the Global Position Sensor market. On the other hand, high prices of components and raw materials might act as a restraint for the overall market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Position Sensor Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Position Sensor Market Competitive Landscape
The Global Position Sensor Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Sensata Technologies, Inc., Honeywell International, Inc., Sick AG, Heidenhain Corporation, Ametek Inc., Balluff Inc., Emerson Electric Co., Hans TURCK GmbH & Co. KG, MTS System Corporation, and TE Connectivity Ltd. Among others. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Position Sensor Market Segmentation, by Type
Linear Position Sensor
o Linear Encoder
o Linear Variable Differential Transformer (LVDT)
o Laser Position Sensor
o Magnetostrictive Sensor
o Linear Potentiometer
Rotary Position Sensor
o Rotary Encoder
o Rotary Variable Differential Transformer (RVDT)
o Rotary Potentiometer
Global Position Sensor Market Segmentation, by Contact Type
Global Position Sensor Market Segmentation, by Output
Global Position Sensor Market Segmentation, by Application
Global Position Sensor Market Segmentation, by Industry
Global Position Sensor Market Geographic Scope
o Rest of Europe
o Rest of Asia Pacific
Rest of the World
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.
Geographical Analysis- Global Market Regional Analysis
What is the Report key Matric point?
Market Study Available for Years
2017–2030 Customize as per Requirement
Base year Considered
2020 Customize as per Requirement
2021–2030 Customize as per Requirement
Value (USD Million, Billion) As per Market
Type, Application, and Region- Customize as per Requirement
North America, Europe, Asia Pacific, Latin America, Middle East Africa and RoW- Customize as per Requirement
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL POSITION SENSOR MARKET OUTLOOK
4.2 Market Dynamics
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL POSITION SENSOR MARKET, BY TYPE
5.2 Linear Position Sensor
5.2.1 Linear Encoder
5.2.2 Linear Variable Differential Transformer (LVDT)
5.2.3 Laser Position Sensor
5.2.4 Magnetostrictive Sensor
5.2.5 Linear Potentiometer
5.3 Rotary Position Sensor
5.3.1 Rotary Encoder
5.3.2 Rotary Variable Differential Transformer (RVDT)
5.3.4 Rotary Potentiometer
6 GLOBAL POSITION SENSOR MARKET, BY CONTACT TYPE
7 GLOBAL POSITION SENSOR MARKET, BY OUTPUT
8 GLOBAL POSITION SENSOR MARKET, BY APPLICATION
8.2 Test Equipment
8.3 Material Handling
8.4 Machine Tools
8.5 Motion Systems
9 GLOBAL POSITION SENSOR MARKET, BY GEOGRAPHY
9.2 North America
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.4 Rest of Asia Pacific
9.5 Latin America
9.6 Rest of the World
10 GLOBAL POSITION SENSOR MARKET COMPETITIVE LANDSCAPE
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 AMS AG
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Honeywell International, Inc.
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 MTS Systems Corporation
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Qualcomm Technologies, Inc.
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Allegro Microsystems, LLC
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Renishaw PLC.
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 TE Connectivity Ltd.
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Vishay Intertechnology, Inc.
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Panasonic Corporation
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Infineon Technologies AG.
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 Stmicroelectronics N.V.
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Bourns, Inc.
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
12.1 Related Reports
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