Press release
Position Sensor Market 2018 Global Key Vendors: TE Connectivity, Renishaw, Honeywell International, MTS Systems, Panasonic, STMicroelectronics, Qualcomm Technologies
Market Highlights
Position sensor when used in the automobiles determines the distance between two moving objects and enhances safety. Position sensor can be broadly classified into linear position sensor and rotary position sensor. Factors such as increasing adoption of new technologies that include integrated control system for consumer electronics and growing demand for plant automation are driving the growth of the position sensor market. However, necessity for multiple technology solution and cost-issues hampers the growth of position sensor market. The most popular position sensor technology is CIPOS which is used in the automobile industry. Hence, this technology helps operational control driving while accelerating, shifting and steering.
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Key Players
The key players in the global Position Sensor Market include- Honeywell International, Inc. (US), Ams AG (Germany), MTS Systems Corporation (US), Renishaw plc. (UK), TE Connectivity Ltd. (Switzerland), Vishay Intertechnology, Inc. (US), Allegro MicroSystems, LLC (US), Panasonic Corporation (Japan), Infineon Technologies AG (Germany), STMicroelectronics N.V. (Switzerland), Qualcomm Technologies, Inc. (US), among others.
Segments
For the purpose of this study, Market Research Future has segmented the market of position sensor into contact type, type, output, industries and region.
Contact Type
• Contact
• Non-Contact
Type
• Linear Position Sensor
• Rotary Position Sensor
Output
• Analog
• Digital
Industry
• Aerospace
• Consumer Electronics
• Manufacturing
• Healthcare
• Packaging
• Automotive
• Others
Region
• North-America
• Europe
• Asia-Pacific
• RoW
Regional Analysis-
Regionally, Europe accounted for the largest market share, because of the strict law emissions in the European countries, increasing usage of linear and rotary position sensors for the automobile industry and increasing automobile production.
However, Asia-Pacific is expected to grow over the forecast period majorly due to high adoption of new technological solutions, increasing demand for consumer electronics and increasing focus towards the automotive industry.
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Intended Audience
• Original Equipment Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
MRFR team have the prime objective to provide optimum quality market research and intelligence services to our clients. Our market research studies depending on products, services, technologies, applications, end users, and market players for global, regional, and country level market segments enables our clients to know more consequently do more, which gives them answer for their each and every important question.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meeting with industry experts and does industrial visits for its research analyst members.
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