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Position Sensor Market

Global Position Sensor Market Size, Share, Trends, Growth: By Type: Linear Type, Rotary Position Sensors, Others; By Technology: Photoelectric, Rotary, Linear, Proximity, Others; By Contact Type: Non-Contact Type, Contact Type; By Output: Digital Output, Others; By Application; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Position Sensor Market Outlook

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.

 

Position Sensor Market

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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.

 

Market Segmentation

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.

 

Position Sensor Market By Segments

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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:

  • Machine Tools
  • Robotics
  • Motion Systems
  • Material Handling
  • Test Equipment
  • Others

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:

  • Automotive
  • Aerospace and Defence
  • Electronics
  • Healthcare
  • Manufacturing and Packaging
  • Others

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.

 

Market Analysis

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.

 

Position Sensor Market By Region

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Competitive Landscape

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:

  • Honeywell International Inc.
  • SICK AG 
  • AMS AG
  • TE Connectivity Corporation
  • MTS Systems Corporation
  • Vishay Intertechnology, Inc.
  • Infineon Technologies 
  • Bourns
  • Others

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.

 

Key Highlights of the Report

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:

  • Type
  • Technology
  • Contact Type
  • Output
  • Applications
  • End Use
  • Region
Breakup by Type
  • Linear Type
  • Rotary Position Sensors
  • Others
Breakup by Technology
  • Photoelectric
  • Rotary
  • Linear
  • Proximity
  • Others
Breakup by Contact Type
  • Non-Contact Type
  • Contact Type
Breakup by Output
  • Digital Output
  • Analogue Output
Breakup by Applications
  • Machine Tools
  • Robotics
  • Motion Systems
  • Material Handling
  • Test Equipment
  • Others
Breakup by End Use
  • Automotive
  • Aerospace & Defense
  • Electronics
  • Healthcare
  • Manufacturing & Packaging
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Honeywell International Inc.
  • SICK AG
  • AMS AG
  • TE Connectivity Corporation
  • MTS Systems Corporation
  • Vishay Intertechnology, Inc
  • Infineon Technologies
  • Bourns
  • Others
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

Key Questions Answered in the Report

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.

Analyst Review

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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