According to the new market research report by IndustryARC titled “Position sensors Market: By Type (Linear position, Linear Encoder, LVDT, Magnetostrictive, Linear Potentiometer, Laser Position, Rotary Position & Proximity); By Specification; By Output; By Application and By End-user - Forecast (2018-2023),” the market will be driven by  growing demand for measurement and inspection applications in the manufacturing industry.  


Browse 86 Market Tables, 179 Figures spread through 180 slides and an in-depth TOC on “Position sensors Market (2018 - 2023)”

Europe will Dominate the Position Sensors Market 

Europe will have the largest share in the Position Sensors Market in the forecast period due to the growth of the automotive industry. The growth of the Asia Pacific market is due to growth of automotive, consumer electronics, and manufacturing industries. The adoption of new technological solutions also drives the demand for the position sensors in Asia Pacific. 

Selected Regulatory Analysis Done in the Full Report:

The automotive industry will dominate the Position Sensors Market in the forecast period. This is due to usage of large number of position sensors for different applications in vehicles. In a vehicle, the position sensor gives information to the engine control module in the form of output signals. It detects the position of the wiper and determines the position of the power seats. These sensors ensure the safety of a vehicle. 

To access / purchase the full report browse the link below

Selected Driving Factors Mentioned in the Full Report:

Increasing adoption of integrated control systems in the electronic devices will drive the demand for alignment sensor. 
Growing demand for plant automation in the process industries provides opportunities for position sensors. 
Growing demand for vehicles safety supports the demand for the position sensors during the forecast period. 
Increasing adoption of wireless sensor technology enhances the demand for displacement sensor. 

Talk to one of our sales representative about the full report by providing your details in the link below:

Key Players of the Position Sensors Market: 
 
The key players of the Position Sensors Market include Honeywell International, Renishaw, and TE connectivity. Honeywell provides sensors solutions which are quite reliable in the industry. It produces magnetic position sensors which find the direction of the external magnetic fields. Renishaw provides robust encoders which are used in industrial applications such as industrial automation, metal working, stone cutting, etc. TE Connectivity provides industrial linear and angular position sensors. 

Browse Related Reports:
  • Parking Sensors Market: By Size (2, 4, 6, 8 Inches); By Type (GaN on Sapphire, GaN on Si, GaN on SiC, GaN on GaN); By Products (Laser, LED, PSD, Others); By Industry (Automotive, Healthcare, Consumer Electronics, General Lighting, Military, Communication, Optical Storage, and Others); By Geography - Forecast(2018-2023) 

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager 
Contact Sales: 1-614-588-8538 (Ext-101)
Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc