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The global position sensor market is anticipated to expand from USD 4.59 billion in 2023 to USD 8.49 billion by 2032 at a CAGR of 7.1% during the forecast period of 2024-2032.
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The shift towards industrial processing automation leads to a strong demand for position sensors. Further, its demand is increasing as it can be used in a broad range of automotive and industrial applications, including position sensing of the steering wheel, float level sensing, and gearbox encoder for transmission.
A position sensor is a tool used for position measurement, where measurements of displacement, distance, position, or length are used for automating, testing, or monitoring procedures. It can either be an absolute or relative position sensor. They are commonly used in computer game joysticks, hard drives and CD / DVD disks, steering wheels, industrial, and robotics, among others. The position sensor market can be divided on the basis of segments like type, technology, application, contact type, output, and end-use.
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The industry can be divided on the basis of its type as linear and rotary position sensors. The linear type is subdivided into linear encoders, linear variable differential transformers, magnetostrictive sensors, linear potentiometers, and laser position sensors. The rotary position sensors are subdivided into rotary encoders, rotary potentiometers, rotary variable differential transformers, and resolvers. The industry can be divided on the basis of its technology as photoelectric, rotary, linear, and proximity. The industry can be broadly categorised based on its application into:
The industry can be divided on the basis of its contact type as non-contact and contact types. The industry can be divided based on its output as digital output and analogue output. The industry can be segmented on the basis of its end-use as:
The EMR report looks into the regional position sensor markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The global position sensor industry is being driven by factors like manufacturers’ increasing focus on accurate measurements and detailed inspection, further resulting in the increased adoption of position sensors in the aviation and aerospace industry, and increased demand for position sensors to be deployed in modern automobiles. Lower power consumption, greater feature integration, and low price drive the market for these sensors. Significant R&D investments by important players have contributed to the development of smart and intelligent sensor technologies for various new applications in sectors like automotive, aerospace and defence, electronics, and healthcare.
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The report presents a detailed analysis of the following key players in the global position sensor market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Technology |
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Breakup by Contact Type |
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Breakup by Output |
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Breakup by Applications |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s 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
In 2023, the global position sensor market attained a value of nearly USD 4.59 billion.
The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 8.49 billion by 2032.
The major market drivers include manufacturers’ increasing focus on accurate measurements and detailed inspection, the increasing adoption of position sensors in the aviation and aerospace sectors, and the surging usage of position sensors in modern automobiles.
The key trend guiding the growth of the market includes the significant R&D investments by major players.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Linear type and rotary position sensors are the major types of position sensor in the market.
Photoelectric, rotary, linear, and proximity, among others, are the significant technologies of position sensor in the market.
Non-contact and contact types are the major contact types of position sensor in the industry.
Digital output and analogue output are the major output segments of position sensor.
The various applications of position sensor include machine tools, robotics, motion systems, material handling, and test equipment, among others.
Automotive, aerospace and defence, electronics, healthcare, and manufacturing and packaging, among others, are the major end uses of the product in the industry.
The major market players are Honeywell International Inc., SICK AG, AMS AG, TE Connectivity Corporation, MTS Systems Corporation, Vishay Intertechnology, Inc., Infineon Technologies, and Bourns, among others.
The global position sensor market attained a value of USD 4.59 billion in 2023, driven by manufacturers’ increasing focus on accurate measurements and detailed inspection. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.1%. The market is projected to reach USD 8.49 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global position sensor industry can be segmented into linear type and rotary position sensors. On the basis of technology, the industry is divided into photoelectric, rotary, linear, proximity, and others. By contact types, the industry is segmented into non-contact and contact types. On the basis of output, the industry is bifurcated into digital output and analogue output. Based on applications, the industry is divided into machine tools, robotics, motion systems, material handling, test equipment, and others. On the basis of end use, the industry is categorised into automotive, aerospace and defence, electronics, healthcare, manufacturing and packaging, and others. The major regional markets for position sensors are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honeywell International Inc., SICK AG, AMS AG, TE Connectivity Corporation, MTS Systems Corporation, Vishay Intertechnology, Inc., Infineon Technologies, Bourns, Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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