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)

Report Code : AIR 0028 Format Type: PDF+ Excel Database

Almost all devices today can be tested and analyzed to ensure that they perform with the best efficiency. In order for this to take place, it is necessary to ensure that there is proper collection of data. Position sensors are used to determine have far a target object has moved and this is information, which can be used for determining the efficiency of a device. By collecting this data, the wear and tear of an object can be deuced over a period of time. For example, if there is an object, which needs to move only 2 cm in either direction, and after a year it is found that it is moving only 1.9 cm in either direction, there is a slight degradation in the efficiency of the product. This can be tracked over a period whereby an individual can also forecast when the device will fail as a whole.

The target object can be small as a tiny component in a device to as large as the device itself. For example, looking at the automotive sector, the position sensors can be used to determine the displacement of positions in an engine or can also track if there is any change in movement of shock absorbers of the vehicle. The sensor is able to measure the amount of displacement by comparing the change in distance with a fixed point, which is already pre-determined. There have been new developments in position sensors with the latest being non-contact position sensors. Non-contact sensors have a longer life span and hence are more preferred to for automotive and defense applications where wear and tear is considerably high.

The European market is the largest contributor to the position sensor market primarily because of the automotive industry. Europe will be the leading region till the end of the forecast period by which time the APAC region will slowly come to a position of the leading region to the overall market after the forecast period.

Position sensors Market

The Position sensor Market can be segmented on the basis of type as
  • Linear position, Linear Encoder, LVDT, Magnetostrictive, Linear Potentiometer, Laser Position, Rotary Position and Proximity

In terms of specification, the Position sensor Market has been segmented across the following
  • Contact, Non-Contact  

In terms of output, the Position sensor Market has been segmented across the following
  • Analog and digital 

In terms of application, the Position sensor Market has been segmented across the following
  • Test, Material Handling, Machine Tool, Motion System and Robotics

In terms of end-user, the Position sensor Market has been segmented across the following
  • Automotive, Aerospace, Electronics, Healthcare, Manufacturing, Packaging and others

The market has been segmented based on the following geographies
  • North America, South America, APAC, Europe, Middle East and Africa

Sample Companies Profiled in this Report are: 
  • Allegro MicroSystems, LLC,
  • ams AG,
  • Honeywell International Inc.,
  • Renishaw Plc.,
  • TE Connectivity Ltd.
  • 10+.
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