Position Sensor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Potentiometric, Capacitive, Rotary, Others), By Specification (Contact, Contactless), By Application (Material Handling, Test Equipment, Machine Tool, Robotics, Motion Systems, Others), By Industry (Consumer Electronics, Automotive, Aerospace And Defense, Packaging, Manufacturing, Others), And By Geography - Forecasts From 2020 To 2025
Published:  Jun 2021 Report Code: KSI061610067 Pages: 131

The position sensor market was valued at US$5.391 billion in 2019 and is anticipated to grow at a CAGR of 8.88% to reach a market size of US$8.981 billion in 2025. The growing adoption of automation in manufacturing and industrial units is one of the major drivers of the global position sensor market.

There is an increasing demand for position sensors from the automotive industry due to rising concerns regarding vehicle safety. Population growth with higher awareness levels for health and fitness is spurring up the demand for wearable devices which, in turn, is propelling the global position sensor market growth throughout the forecast period. However, lack of product differentiation will act as a restraint to the market growth. Based on the application, the machine tool segment is expected to witness significant market growth in the forecast period. Position sensors are used for various machine tool applications such as assembly and welding robot, laser cutting, and sheet metal processing among others. In the assembly line, position sensors ensure smooth transit of products, enabling large-scale production with optimum utilization of resources while lowering production costs.

Position Sensor Market, By Geography 2025

Geographically, the Asia Pacific region is projected to witness rapid growth during the forecast period owing to the emerging trend of automation in industrial and manufacturing processes. Additionally, the growing demand for consumer electronics such as smartphones and wearables will drive the market demand for position sensors. Furthermore, the increasing demand for passenger vehicles in countries such as China and India will propel the growth of the position sensors market in the region.

The Position Sensor Market – Forecasts from 2019 to 2025 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, specification, application, industry, and geography.

Position Sensor Market, By Specification, 2019 and, 2025

The position sensor market has been segmented based on type, specification, application, industry, and geography. Based on type, the position sensor market is categorized as a potentiometric position sensor, capacitive position sensor, rotary position sensor, and others. Based on the specification, the market has been segmented into contact and contactless. By application, the market is broken down into material handling, test equipment, machine tool, robotics, motion systems, and others. Based on industry, the market is further segmented into consumer electronics, automotive, aerospace and defense, packaging, manufacturing, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2025. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the position sensor market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the position sensor market.

Position Sensor Market Scope:

Report Metric Details
 Market size value in 2019  US$5.391 billion
 Market size value in 2025  US$8.981 billion
 Growth Rate  CAGR of 8.88% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Specification, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Texas Instruments Incorporated, CTS Corporation, ams AG, TE Connectivity, MTS   Sensor Technologie GmbH & Co. KG, Honeywell International Inc., Infineon   Technologies AG, NXP Semiconductors, SICK AG, Keyence Corporation
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Type

o    Potentiometric Position Sensor

o    Capacitive Position Sensor

o    Rotary Position Sensor

o    Others

  • By Specification

o    Contact

o    Contactless

  • By Application

o    Material Handling

o    Test Equipment

o    Machine Tool

o    Robotics

o    Motion Systems

o    Others

  • By Industry

o    Consumer Electronics

o    Automotive

o    Aerospace and Defense

o    Packaging

o    Manufacturing

o    Others

  • By Geography

o    North America

  • USA
  • Canada
  • Mexico

o    South America

  • Brazil
  • Argentina
  • Others

o    Europe

  • UK
  • Germany
  • France
  • Others

o    Middle East and Africa

  • Saudi Arabia
  • UAE
  • Israel
  • Others

o    Asia Pacific

  • Japan
  • China
  • India
  • Others

Frequently Asked Questions (FAQs)

Q1. What will be the position sensor market size by 2025?
A1. The position sensor market is expected to reach a market size of US$8.981 billion in 2025.
 
Q2. What are the growth prospects for the position sensor market?
A2. The position Sensor market is anticipated to grow at a CAGR of 8.88% during the forecast period.
 
Q3. What is the base year considered in the position sensor market report?
A3. 2020 has been taken as the base year in the position sensor market report.
 
Q4. Which region holds the largest market share in the position sensor market?
A4. The Asia Pacific region is projected to witness rapid growth during the forecast period owing to the emerging trend of automation in industrial and manufacturing processes.
 
Q5. What factors are anticipated to drive the position sensor market?
A5. The growing adoption of automation in manufacturing and industrial units is one of the major drivers of the global position sensor market.
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
 
5. Position Sensor Market Analysis, by Type
5.1. Introduction
5.2. Potentiometric Position Sensor
5.3. Capacitive Position Sensor
5.4. Rotary Position Sensor
5.5. Others
 
6. Position Sensor Market Analysis, by Specification
6.1. Introduction
6.2. Contact
6.3. Contactless
 
7. Position Sensor Market Analysis, by Application
7.1. Introduction
7.2. Material Handling
7.3. Test Equipment
7.4. Machine Tool
7.5. Robotics
7.6. Motion Systems
7.7. Others
 
8. Position Sensor Market Analysis, by Industry
8.1. Introduction
8.2. Consumer Electronics
8.3. Automotive
8.4. Aerospace and Defense
8.5. Packaging
8.6. Manufacturing
8.7. Others
 
9. Position Sensor Market Analysis, by Geography
9.1. Introduction
9.2. North America
9.2.1. North America Position Sensor Market, By Type, 2019 to 2025
9.2.2. North America Position Sensor Market, By Specification, 2019 to 2025
9.2.3. North America Position Sensor Market, By Application, 2019 to 2025
9.2.4. North America Position Sensor Market, By Industry, 2019 to 2025
9.2.5. By Country
9.2.5.1. United States
9.2.5.1.1. By Type
9.2.5.1.2. By Specification
9.2.5.1.3. By Application
9.2.5.1.4. By Industry
9.2.5.2. Canada
9.2.5.2.1. By Type
9.2.5.2.2. By Specification
9.2.5.2.3. By Application
9.2.5.2.4. By Industry
9.2.5.3. Mexico
9.2.5.3.1. By Type
9.2.5.3.2. By Specification
9.2.5.3.3. By Application
9.2.5.3.4. By Industry
9.3. South America
9.3.1. South America Position Sensor Market, By Type, 2019 to 2025
9.3.2. South America Position Sensor Market, By Specification, 2019 to 2025
9.3.3. South America Position Sensor Market, By Application, 2019 to 2025
9.3.4. South America Position Sensor Market, By Industry, 2019 to 2025
9.3.5. By Country
9.3.5.1. Brazil
9.3.5.1.1. By Type
9.3.5.1.2. By Specification
9.3.5.1.3. By Application
9.3.5.1.4. By Industry
9.3.5.2. Argentina
9.3.5.2.1. By Type
9.3.5.2.2. By Specification
9.3.5.2.3. By Application
9.3.5.2.4. By Industry
9.3.5.3. Others
9.4. Europe
9.4.1. Europe Position Sensor Market, By Type, 2019 to 2025
9.4.2. Europe Position Sensor Market, By Specification, 2019 to 2025
9.4.3. Europe Position Sensor Market, By Application, 2019 to 2025
9.4.4. Europe Position Sensor Market, By Industry, 2019 to 2025
9.4.5. By Country
9.4.5.1. UK
9.4.5.1.1. By Type
9.4.5.1.2. By Specification
9.4.5.1.3. By Application
9.4.5.1.4. By Industry
9.4.5.2. Germany
9.4.5.2.1. By Type
9.4.5.2.2. By Specification
9.4.5.2.3. By Application
9.4.5.2.4. By Industry
9.4.5.3. France
9.4.5.3.1. By Type
9.4.5.3.2. By Specification
9.4.5.3.3. By Application
9.4.5.3.4. By Industry
9.4.5.4. Others
9.5. Middle East and Africa
9.5.1. Middle East and Africa Position Sensor Market, By Type, 2019 to 2025
9.5.2. Middle East and Africa Position Sensor Market, By Specification, 2019 to 2025
9.5.3. Middle East and Africa Position Sensor Market, By Application, 2019 to 2025
9.5.4. Middle East and Africa Position Sensor Market, By Industry, 2019 to 2025
9.5.5. By Country
9.5.5.1. Saudi Arabia
9.5.5.1.1. By Type
9.5.5.1.2. By Specification
9.5.5.1.3. By Application
9.5.5.1.4. By Industry
9.5.5.2. United Arab Emirates
9.5.5.2.1. By Type
9.5.5.2.2. By Specification
9.5.5.2.3. By Application
9.5.5.2.4. By Industry
9.5.5.3. Israel
9.5.5.3.1. By Type
9.5.5.3.2. By Specification
9.5.5.3.3. By Application
9.5.5.3.4. By Industry
9.5.5.4. Others
9.6. Asia Pacific
9.6.1. Asia Pacific Position Sensor Market, By Type, 2019 to 2025
9.6.2. Asia Pacific Position Sensor Market, By Specification, 2019 to 2025
9.6.3. Asia Pacific Position Sensor Market, By Application, 2019 to 2025
9.6.4. Asia Pacific Position Sensor Market, By Industry, 2019 to 2025
9.6.5. By Country
9.6.5.1. Japan
9.6.5.1.1. By Type
9.6.5.1.2. By Specification
9.6.5.1.3. By Application
9.6.5.1.4. By Industry
9.6.5.2. China
9.6.5.2.1. By Type
9.6.5.2.2. By Specification
9.6.5.2.3. By Application
9.6.5.2.4. By Industry
9.6.5.3. India
9.6.5.3.1. By Type
9.6.5.3.2. By Specification
9.6.5.3.3. By Application
9.6.5.3.4. By Industry
9.6.5.4. Others
 
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
 
11. Company Profiles
11.1. Texas Instruments Incorporated
11.2. CTS Corporation
11.3. ams AG
11.4. TE Connectivity
11.5. MTS Sensor Technologie GmbH & Co. KG
11.6. Honeywell International Inc.
11.7. Infineon Technologies AG
11.8. NXP Semiconductors
11.9. SICK AG
11.10. Keyence Corporation

Texas Instruments Incorporated

CTS Corporation

ams AG

TE Connectivity

MTS Sensor Technologie GmbH & Co. KG

Honeywell International Inc.

Infineon Technologies AG

NXP Semiconductors

SICK AG

Keyence Corporation

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