Global Position Sensor Market is projected to grow at a CAGR of 8.88% by 2025

Posted March 5, 2020 by marketresearch12

The rising adoption of automation in the manufacturing sector coupled with the growing manufacturing industry in major developing economies is significantly driving the global market for position sensors for numerous end-use industries.

Knowledge Sourcing Intelligence announces the publication of a new report on “Position Sensor Market - Forecasts from 2020 to 2025" to their offering.
Knowledge Sourcing Intelligence announces the publication of a new report on “Position Sensor Market - Forecasts from 2020 to 2025" to their offering.

The market is estimated to grow substantially at a decent rate owing to rising investments by major end-user industries in industrial automation which is anticipated to drive the growth of the market. In addition, the rising concerns regarding the safety of vehicles is also supplementing the demand for these sensors in the automotive industry. Furthermore, the rising disposable income coupled with the growing awareness of health is further leading to increased demand for wearable and other devices especially in the emerging economies such as China, India, and Indonesia is also anticipated to propel the demand for positions sensors throughout the forecast period.

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The recent study on the position sensor market covers an in-depth analysis of the market on the basis of type, specification, application, industry and geography. The report also covers the country-level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2020-2025. According to the report titled “Position Sensor Market – Forecast from 2020 to 2025”, the market is estimated to grow at a steady rate during the forecast period. The report has segmented the Position Sensor Market by type (potentiometric position sensor, capacitive position sensor, rotary position sensor, 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 such as North America (United States, Canada, Mexico), South America Brazil, Argentina,Others), Europe (UK, Germany, France, Others), Middle East and Africa (Saudi Arabia, UAE, Israel, others), and Asia Pacific (Japan,China, India, others).

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global position sensor market.
Major industry players profiled as part of the report are Texas Instruments Incorporated, Honeywell International, NXP Semiconductors, and Infineon Technologies AG among others.
The position sensor market has been analyzed through the following segments:
• 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
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 UK
 Germany
 France
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 Others

o Asia Pacific
 Japan
 China
 India
 Others

Unique reasons to buy Position SensorMarket report-
1. In-depth analysis with sufficient data points and reference included.
2. Best possible insights in addition to detailed analysis on drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.

Scope of Research of Position Sensor Market
1. Forecast period is from 2020 to 2025 with 2019 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at the global and regional level
3. Strategies of the key players in analysing the competitive benchmarking are provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization request.

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on the niche and latest technologies. We engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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Issued By Knowledge Sourcing Intelligence
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Categories Business , Research
Tags Position Sensor Market , Position Sensor Market Size , Position sensor Market Share , Position Sensor Market Trend , Position Sensor Market Analysis , Semiconductors
Last Updated March 5, 2020