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Global Position Sensor Market: By Type: Linear Type, Rotary Position Sensors, Others; By Technology: Photoelectric, Rotary, Linear, Proximity; By Contact Type; By Output; By Applications; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Position Sensor Market Outlook

The global position sensor market is anticipated to expand from USD 4.28 billion in 2022 to USD 6.43 billion by 2028 at a CAGR of 7.2% during the forecast period of 2023-2028.

 

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.

 

Global Position Sensor Market

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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.

 

Global Position Sensor Market By Type

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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.

 

Global Position Sensor Market By Region

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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.

 

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.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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 & Defence, Electronics, Healthcare, Manufacturing & Packaging, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
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    Industry Opportunities and Challenges
8    Global Position Sensor Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Position Sensor Historical Market (2018-2022) 
    8.3    Global Position Sensor Market Forecast (2023-2028)
    8.4    Global Position Sensor Market by Type
        8.4.1    Linear Type
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
            8.4.1.1    Breakup by Type
                8.4.1.1.1    Linear Encoders
                    8.4.1.1.1.1     Market Share
                    8.4.1.1.1.2     Historical Trend (2018-2022)
                    8.4.1.1.1.3     Forecast Trend (2023-2028)
                8.4.1.1.2    Linear Variable Differential Transformers
                    8.4.1.1.2.1    Market Share
                    8.4.1.1.2.2     Historical Trend (2018-2022)
                    8.4.1.1.2.3     Forecast Trend (2023-2028)
                8.4.1.1.3    Magnetostrictive Sensors
                    8.4.1.1.3.1    Market Share
                    8.4.1.1.3.2     Historical Trend (2018-2022)
                    8.4.1.1.3.3     Forecast Trend (2023-2028)
                8.4.1.1.4    Linear Potentiometers
                    8.4.1.1.4.1    Market Share
                    8.4.1.1.4.2     Historical Trend (2018-2022)
                    8.4.1.1.4.3     Forecast Trend (2023-2028)
                8.4.1.1.5    Laser Position Sensors
                    8.4.1.1.5.1    Market Share
                    8.4.1.1.5.2     Historical Trend (2018-2022)
                    8.4.1.1.5.3     Forecast Trend (2023-2028)
        8.4.2    Rotary Position Sensors
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
            8.4.2.4    Breakup by Type
                8.4.2.4.1    Rotary Encoders
                    8.4.2.4.1.1     Market Share
                    8.4.2.4.1.2     Historical Trend (2018-2022)
                    8.4.2.4.1.3     Forecast Trend (2023-2028)
                8.4.2.4.2    Rotary Potentiometers
                    8.4.2.4.2.1    Market Share
                    8.4.2.4.2.2     Historical Trend (2018-2022)
                    8.4.2.4.2.3     Forecast Trend (2023-2028)
                8.4.2.4.3    Rotary Variable Differential Transformers
                    8.4.2.4.3.1    Market Share
                    8.4.2.4.3.2     Historical Trend (2018-2022)
                    8.4.2.4.3.3     Forecast Trend (2023-2028)
                8.4.2.4.4    Resolvers
                    8.4.2.4.4.1    Market Share
                    8.4.2.4.4.2     Historical Trend (2018-2022)
                    8.4.2.4.4.3     Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global Position Sensor Market by Technology
        8.5.1    Photoelectric
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Rotary
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Linear
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Proximity
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Position Sensor Market by Contact Type
        8.6.1    Non-Contact Type
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Contact Type
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Position Sensor Market by Output
        8.7.1    Digital Output
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Analogue Output
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
    8.8    Global Position Sensor Market by Application
        8.8.1    Machine Tools
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Robotics
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Motion Systems
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Material Handling
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022)
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Test Equipment
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022)
            8.8.5.3    Forecast Trend (2023-2028)
        8.8.6    Others
    8.9    Global Position Sensor Market by End Use
        8.9.1    Automotive
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2018-2022)
            8.9.1.3    Forecast Trend (2023-2028)
        8.9.2    Aerospace & Defense
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2018-2022)
            8.9.2.3    Forecast Trend (2023-2028)
        8.9.3    Electronics
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2018-2022)
            8.9.3.3    Forecast Trend (2023-2028)
        8.9.4    Healthcare
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2018-2022)
            8.9.4.3    Forecast Trend (2023-2028)
        8.9.5    Manufacturing & Packaging
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2018-2022)
            8.9.5.3    Forecast Trend (2023-2028)
        8.9.6    Others
    8.10    Global Position Sensor Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Honeywell International Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    SICK AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    AMS AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    TE Connectivity Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    MTS Systems Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Vishay Intertechnology, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Infineon Technologies
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Bourns
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Position Sensor Market: Key Industry Highlights, 2018 and 2028
2.    Global Position Sensor Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Position Sensor Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Position Sensor Historical Market: Breakup by Technology (USD Million), 2018-2022
5.    Global Position Sensor Market Forecast: Breakup by Technology (USD Million), 2023-2028
6.    Global Position Sensor Historical Market: Breakup by Contact Type (USD Million), 2018-2022
7.    Global Position Sensor Market Forecast: Breakup by Contact Type (USD Million), 2023-2028
8.    Global Position Sensor Historical Market: Breakup by Output (USD Million), 2018-2022
9.    Global Position Sensor Market Forecast: Breakup by Output (USD Million), 2023-2028
10.    Global Position Sensor Historical Market: Breakup by Application (USD Million), 2018-2022
11.    Global Position Sensor Market Forecast: Breakup by Application (USD Million), 2023-2028
12.    Global Position Sensor Historical Market: Breakup by End Use (USD Million), 2018-2022
13.    Global Position Sensor Market Forecast: Breakup by End Use (USD Million), 2023-2028
14.    Global Position Sensor Historical Market: Breakup by Region (USD Million), 2018-2022
15.    Global Position Sensor Market Forecast: Breakup by Region (USD Million), 2023-2028
16.    North America Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
17.    North America Position Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Europe Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Europe Position Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Asia Pacific Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Asia Pacific Position Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Latin America Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
23.    Latin America Position Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
24.    Middle East and Africa Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2022
25.    Middle East and Africa Position Sensor Market Forecast: Breakup by Country (USD Million), 2023-2028
26.    Global Position Sensor Market Structure

Key Questions Answered in the Report

In 2022, the global position sensor market attained a value of nearly USD 4.28 billion.

The market is projected to grow at a CAGR of 7.2% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 6.43 billion by 2028.

The major drivers of the industry, such as manufacturers’ increasing focus on accurate measurements and detailed inspection, resulting in the increased adoption of position sensors in the aviation and aerospace industry, and the increased demand for position sensors to be deployed in modern automobiles, are expected to aid the market growth.

The key market trend guiding the growth of the market includes the significant R&D investments by major players in the industry.

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 industry.

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 sectors of the product in the industry.

Machine tools, robotics, motion systems, material handling, and test equipment, among others, are the significant application sectors of the product in the industry.

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 players in the industry are Honeywell International Inc., SICK AG, AMS AG, TE Connectivity Corporation, MTS Systems Corporation, Vishay Intertechnology, Inc., Infineon Technologies, Bourns, Others.

Analyst Review

The global position sensor market attained a value of USD 4.28 billion in 2022, 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 2023-2028, growing at a CAGR of 7.2%. The market is projected to reach USD 6.43 billion by 2028.

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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