Position Sensor Market by Type (Linear Sensor and Rotary Sensor), Application (Machine Tools, Robotics, Motion Systems, Material Handling, Test Equipment), Contact Type, Output, End-User Industry, and Geography

1. Position Sensor Market by Application, Future Demands, and Key Players, 2024

2. Scope of The Report
Research report categorizes the Position Sensor Market
based on Type, Application, End-User Industry and Geography.
And More…
By Type
• Linear Sensor
• Rotary Sensor
By Application
• Machine Tools
• Robotics
• Motion Systems
• Material Handling
• Test Equipment

3. Key Segments
Position sensor market in APAC to grow at highest CAGR during forecast
period
Key factors driving the growth of this market include the increasing
focus of manufacturers on accurate measurements and detailed
inspection, rising adoption of position sensors in the aviation &
aerospace industry, and growing demand for position sensors to deploy
them in modern automobiles.
Browse 86 market data Tables and 63 Figures spread through 209
Pages and in-depth TOC on "Position Sensor Market - Global
Forecast to 2024"
Linear position sensor type is expected to gain significant share of
position sensor market by 2024
Based on contact type, market for non-contact position sensors to
grow at higher CAGR from 2019 to 2024
The overall position sensor market is expected to grow from USD 4.7
billion in 2018 to USD 7.3 billion by 2024; it is estimated to grow at a
CAGR of 8.0% during the forecast year.1
2
3
4
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4. Position Sensor Market Growth Rate
2024
Market Size of $
4.7 billion
Market Size of
$ 7.3 billion
2018
CAGR of 8.0%

5. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/positi
on-sensor-market-17719728.html
• SICK AG (Germany)
• Honeywell (US)
• ams AG (Austria)
• MTS Systems (US)
• TE Connectivity (Switzerland)
• STMicroelectronics (Switzerland)
• Allegro MicroSystems (US)
• Infineon Technologies (Germany)

6. Top Region..
• North America
• Europe
• APAC
• RoW
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tml

7. 1. Where will all these developments take the industry in the mid-to-long term?
2. What are the upcoming trends in the position sensor market?
3. What are the opportunities for the existing players, as well as for those who are planning to
enter at various stages of the position sensor value chain?
4. How will inorganic growth strategies implemented by key players impact the growth of the
position sensor market, and who will have the undue advantage?
Key Questions Answered in Our Report
5. What are the emerging industrial applications of position sensors?

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