Angle Sensor Market Size, Share, Opportunities, And Trends By Type (Inclination Sensor, Angular Velocity Sensor, Angular Acceleration Sensor), By Application (Robotics, Steering & Brake System, Others), By End-User (Automotive, Aerospace & Defense, Industrial, Others), And By Geography - Forecasts From 2023 To 2028

Angle sensors are the devices used to measure the angle or rotation of an object. Angle sensors typically consist of a rotating shaft or disk and a sensor that detects the position of the shaft or disk. Different types of angle sensors include inclination sensors, angular velocity sensors, and angular acceleration sensors. Angle sensors are used in robotics, and steering & brake system applications to measure the position and movement of robotic arms, steering wheels, and brake pedals. The growing demand for precision motion control and sensing in various industrial, automotive, and aerospace applications, and increasing automation in industries are driving the demand for angle sensors, thereby positively impacting their market growth.

The increasing automotive production will boost the growth of the angle sensors market.

Angle sensors are used in a variety of automotive applications, such as steering and braking systems, throttle control, and suspension systems. In steering and brake systems, angle sensors are used to monitor the movement of the steering wheel, and brake pedal, and provide feedback to the vehicle's electronic control unit (ECU). The ECU then adjusts the power steering and braking system to ensure that the steering wheel and brakes respond quickly and correctly to the driver's inputs. The use of angle sensors in steering and brake systems improves the safety and efficiency of the vehicle and provides a more comfortable and enjoyable driving experience. The growth in automotive production will boost the demand for angle sensors. According to the Society of Indian Automobile Manufacturers (SIAM), the production of passenger vehicles increased from 3.50 million in 2021-2022 to 4.57 million in 2022-2023. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global sales of passenger cars increased to 57.45 million in 2022 from 56.43 million in 2021. This demonstrates that angle sensors hold a great demand in the future.

The surge in the adoption of robots in various industries will boost the growth of the angle sensors market.

Robots are used in various applications, including manufacturing, logistics, healthcare, entertainment, and others. In these applications, angle sensors are used to provide accurate feedback on the position, orientation, and movement of robotic arms and other robotic components. The use of angle sensors in robotics improves the accuracy and repeatability of robotic movements, which is essential for the efficient and effective operation of robots. The growing adoption of robots across various industries will boost the demand for angle sensors. According to the International Federation of Robotics (IFR), the global sales of industrial robots increased by 10% in 2020, with a total of 384,000 units shipped. According to the Robotic Industries Association (RIA), in 2020, the sales of robots in North America increased by 3.5% from the previous year.

During the forecast period, Europe is expected to hold a significant market share

Europe region will account for a major market share due to the well-established automotive, and industrial sectors, sensor manufacturers, and favorable government policies. In 2020, Germany’s government agreed to a €4 billion stimulus package for the country’s automotive industry as it looks to battle the challenges of coronavirus. In 2020, the German government launched the "Innovative Mobility Technologies" program which provided funding for research and development of new technologies in the automotive sector.  In 2021, the European Union (EU) announced a new investment program called "Digital Europe," which had a budget of €9.2 billion for the period 2021-2027 which included funding for the development of robotics technologies, with a focus on applications in areas such as healthcare, transportation, and manufacturing. Such growing developments will boost the demand for angle sensors in Europe thereby boosting regional market growth.

Key Developments

• November 2022: MDT introduced the "Anisotropic Magnetoresistance Angle Sensor" which was designed for angular position measurement in a variety of applications including servo and BLDC motors, rotary encoders, linear displacement sensors, speed sensors, and flow meters.
• September 2022:  Alps Alpine released a magnetic angle sensor “HGARPS001A” designed for enhancing the safety of vehicles and can be used in vehicle power steering.
• July 2022: TDK introduces a small redundant analog TMR angle sensor that provides accurate and redundant rotor position measurement needed in safety-relevant applications like power steering motors.

Segmentation

• By Type
  • Inclination Sensor
  • Angular Velocity Sensor
  • Angular Acceleration Sensor
• By Application
  • Robotics
  • Steering & Brake System
  • Others
• By End-User
  • Automotive
  • Aerospace & Defense
  • Industrial
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Other