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Position Sensor Market 2019 Global Leaders: TE Connectivity, Panasonic, Qualcomm Technologies, Honeywell International, Ams AG, MTS Systems, Renishaw

07-25-2019 09:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Market Research Future published a research report on “Global Position Sensor Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

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.

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.

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Global position sensor market - Segmentation

The Global Position Sensor Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by contact type: Comprises contact and non-contact type.
Segmentation by type: Comprises linear position sensor and rotary position sensor.
Segmentation by output: Comprises analog and digital.
Segmentation by industry: Comprises aerospace, consumer electronics, manufacturing, healthcare, automotive and others.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Global Position Sensor Market - Regional Analysis

The global position sensor market is studied for North America, Europe, Asia Pacific and rest of the world. Asia Pacific is expected to hold major market share and is expected to continue through the forecast period. The rising adoption of position sensors in manufacturing sector across developing countries like China and India are primarily driving the market. The high potential application in industrial robotics are fuelling the market in this region. North America is expected to hold significant growth rate during the forecast period. Being technically advanced region and adoption of position sensors are driving the market in this region. Europe shows decent growth during the forecast period. The rise in usage of rotary sensors across automobile industry is driving market for global position sensors in this region.

Industry News

April. 2018 - Micro-Epsilon, precision sensor manufacturer, launched miniature draw wire position sensor specially designed for high volume mobility applications like elevators and cranes. The sensor is compact in size and benefits in measuring displacement and position of components and machine parts.

March, 2018 – Melexis, global supplier of micro-electronic semiconductor solutions launched automatic position sensors, which consist of analog to digital signal conditioner, digital signal processor for advanced signal processing and output stage driver. The device is suitable for space and cost constrained automotive applications.

Get Complete Report @ https://www.marketresearchfuture.com/reports/position-sensor-market-2774

Intended Audience

Original Equipment Manufacturers
Distributors
Research firms
Consultancy firms
Semiconductor Manufacturers
End-user sectors
Technology Investors

Media Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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.

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