PUBLISHER: Roots Analysis | PRODUCT CODE: 1883287
PUBLISHER: Roots Analysis | PRODUCT CODE: 1883287
As per Roots Analysis, the global position sensor market size is estimated to grow from USD 6.94 billion in the current year USD 18.45 billion by 2035, at a CAGR of 9.28% during the forecast period, till 2035.

The opportunity for position sensor market has been distributed across the following segments:
Type of Product
Type of Contact
Type of Output
Type of Output
Type of Application
Type of End User
Geographical Regions
Position Sensor Market: Growth and Trends
As technology has progressed, sensing devices have gained remarkable advantages by collecting data on various factors, including physical conditions and environmental alterations. Among the numerous types of sensors, position sensors play a critical role in various devices, from drive-by-wire vehicles and injection molding machinery to medical instruments and beyond. These sensors are capable of detecting and measuring the location, movement, or displacement of an object. They supply essential feedback in countless systems, enabling accurate control, automation, and monitoring across a wide range of applications.
Linear and rotary position sensors are widely used types of position sensors that monitor movement and rotational position or angle of objects. In terms of functionality, these sensors can be classified as either contact sensors, which require direct physical interaction with the device, or non-contact position sensors, which operate without direct contact by utilizing technologies such as magnetic, ultrasound, or optical fields.
With the expansion of consumer electronics and the increasing integration of position sensors within Internet of Things (IoT) devices, the market for position sensors is expected to experience significant growth during the forecast period. Additionally, ongoing advancements in position sensor technology are enhancing their capabilities and broadening their applications, positively influencing market prospects. The rise in industrial automation and robotics trends is further contributing to market demand. Consequently, to take advantage of this growing demand, companies in the industry are providing a wide array of products, including automotive position sensors, sensors for consumer electronics, and IoT-specific sensors to meet various industrial requirements.
Position sensor Market: Key Segments
Based on type of product, the global position sensor market is segmented into linear position sensors and rotary position sensors. According to our estimates, currently, the linear position sensor segment captures the majority of the market share. This is due to the high demand for linear sensors in automated production systems, machine tools, and robotics, where they provide accurate displacement measurement and effective quality control.
On the other hand, the rotary position sensor segment is projected to grow at a higher CAGR during the forecast period. This can be attributed to the extensive application of rotary sensors in detecting steering angles, throttle control, gear position sensing, and engine management systems.
Based on type of contact, the global position sensor market is segmented into contact position sensors and non-contact sensors. According to our estimates, currently, the non-contact sensors captures the majority of the market share. This growth is driven by the high demand for inductive sensors, magnetic sensors, and optical sensors due to their durability, reliability, and minimal wear and tear.
However, the contact sensors segment is projected to grow at a higher CAGR during the forecast period, owing to their lower cost and simpler technology.
Based on type of output, the global position sensor market is segmented into analog position sensors and digital position sensors. According to our estimates, currently, the analog position sensors segment captures the majority of the market share. The key characteristic of analog output sensors, which provide a continuous signal that correlates with position measurements, makes them suitable for various applications, including automotive, automation, and process control, where they deliver real-time data.
However, the digital output sensors segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to the increasing adoption of digital sensors, driven by the rising demand for precision, accuracy, and noise immunity in industrial automation applications.
Based on type of application, the global position sensor market is segmented into machine tools, material handling, motion systems, robotics, test equipment, and others. According to our estimates, currently, the robotics application segment captures the majority of the market share. This is due to an increase in the use of robotics in various sectors, where position sensors offer precise feedback on the positions of robotic arms and end-effectors.
Furthermore, the motion system segment is expected to grow at a higher CAGR during the forecast period. This growth is driven by the widespread utilization of motion systems in numerous applications, including CNC machines, conveyor systems, and linear actuators that rely heavily on movement and positioning.
Based on type of end user, the global position sensor market is segmented into aerospace, automotive, electronics, healthcare, manufacturing, packaging, and others. According to our estimates, currently, the automotive sector captures the majority of the market share. However, the manufacturing sector is expected to grow at a higher CAGR during the forecast period, owing to the rise of industrial automation and the increasing need for non-contact sensors
Based on geographical regions, the position sensor market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market. Europe is expected to be the second largest region driving market demand, supported by robust industries and a high need for sensors in various applications throughout the area.
Furthermore, Asia is the region experiencing the quickest growth, during the forecast period. Countries in Asia are undergoing rapid technological advancements. China, Japan, India, and South Korea are emerging as key centers for manufacturing a range of devices and electronic components, which is significantly boosting market growth in the region.
Position Sensor Market: Research Coverage
The report on the position sensor market features insights on various sections, including:
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