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Report Overview
The global position sensor market reached a value of nearly USD 4.92 Billion in 2024. The market is assessed to grow at a CAGR of 7.10% during the forecast period of 2025-2034 to attain a value of around USD 9.77 Billion by 2034. The rising vehicle production, the growing trend of miniaturisation, technological advancements and innovations, the increasing development of vehicle autonomation, and the rising integration of IoT-based position sensors are driving the market.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
- Position sensors are critical in the automotive sector due to their ability to precisely control and monitor various vehicle components, ensuring their optimal safety, efficiency, and performance. 85.4 million motor vehicles were manufactured globally in 2022, a y-o-y surge of 5.7%. Hence, the increasing vehicle production is expected to drive the demand for position sensors in various applications, such as braking, suspension, and powertrains. In the forecast period, stringent regulations aimed at ensuring vehicle safety are expected to fuel the position sensor market development.
- The rising adoption of electric vehicles is driving the deployment of position sensors for battery management and motor control, contributing to overall vehicle reliability and safety. In 2023, electric car sales reached nearly 14 million, 95% of which was concentrated in the United States, China, and Europe. As the demand for EVs across the world rises amid favourable government initiatives, the adoption of position sensors with enhanced sensitivity and durability to meet the unique requirements of EV battery systems and electric drivetrains is increasing.
- There is a growing deployment of Industry 4.0 amid the rising focus of manufacturers to reduce costs, optimise operations, and improve quality through automation and real-time data analysis. With manufacturers increasingly adopting automated systems, the demand for position sensors to ensure precise control of conveyors, robotic arms, and CNC machines while reducing human errors is surging.
Compound Annual Growth Rate
Value in USD Billion
7.1%
2025-2034
Position Sensor Market Outlook
*this image is indicative*
| Global Position Sensor Market Report Summary | Description | Value |
| Base Year | USD Billion | 2024 |
| Historical Period | USD Billion | 2018-2024 |
| Forecast Period | USD Billion | 2025-2034 |
| Market Size 2024 | USD Billion | 4.92 |
| Market Size 2034 | USD Billion | 9.77 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 7.1% |
| CAGR 2025-2034 - Market by Region | Latin America | 7.7% |
| CAGR 2025-2034 - Market by Country | India | 8.3% |
| CAGR 2025-2034 - Market by Country | Brazil | 8.1% |
| CAGR 2025-2034 - Market by Contact Type | Non-Contact Type | 7.9% |
| CAGR 2025-2034 - Market by Output | Digital Output | 8.4% |
| Market Share by Country 2024 | Germany | 4.5% |
Global Position Sensor Market Growth
Position sensors detect the relative position of human workers or other workplace assets, lowering the risk of workplace injuries and fatalities. Growing concerns regarding workplace fatalities and injuries are propelling the market. In 2022, there were 5,486 workplace fatalities in the United States alone, as per the US Bureau of Labor Statistics.
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The growing trend of vehicle electrification is boosting the position sensor market value. With evolving electric power steering (EPS), the demand for position sensors with enhanced resolution and accuracy is increasing. The increasing electrification of transportation systems and the rising popularity of e-scooters, e-bikes, and pedal electric cycles are aiding the market. Advancements in cadence, motor commutation, and wheel space sensing are expected to surge the requirement for position sensors.
In the forecast period, AI-based technologies are expected to improve the capabilities of position sensors for use in industrial robots. The growing adoption of Industry 4.0 in different sectors, ranging from automotive to manufacturing, is anticipated to bolster the position sensor demand growth in the coming years.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Key Trends and Recent Developments
Growing trend of miniaturisation; rising emphasis on safety; integration of IoT in position sensors; and the development of autonomous vehicles are favouring the position sensor market expansion
Growing Trend of Miniaturisation
The growing trend of miniaturisation amid the rising demand for precision and space efficiency is driving the position sensor demand forecast. In devices such as wearables, smartphones, and VR systems, miniaturised position sensors are crucial for user interaction and motion sensing.
Rising Emphasis on Safety
With the rising focus on safety in applications such as safety-critical equipment and environmental monitoring, the use of position sensors to comply with stringent safety standards and detect hazardous conditions is surging. Moreover, the increasing emphasis on safety in sectors such as oil and gas, nuclear power, and mining is expected to drive the development of ruggedised position sensors that offer enhanced reliability under extreme environmental conditions.
Integration of IoT in Position Sensors
The integration of the Internet of things (IoT) in position sensors aimed at enhancing their precision, functionality, and efficiency is aiding the market. IoT-based position sensors facilitate real-time data collection, decision making, and monitoring, enhancing operational efficiency and driving predictive maintenance.
Increasing Development of Autonomous Vehicles
The increasing focus by leading automakers on developing autonomous vehicles is driving the position sensor market development. As highly automated driving requires safe, precise, and highly available vehicle localisation, the demand for compact, highly integrated, and cost-effective position sensors that reduce complexity in autonomous driving systems is rising.
Global Position Sensor Market Trends
In Advanced Driver Assistance Systems (ADAS), position sensors are crucial for features such as adaptive cruise control, lane-keeping assist, and collision avoidance. The introduction of stringent safety protocols to improve the safety of vehicles is prompting automakers to integrate position sensors in vehicles. Moreover, industrial robots deploy position sensors to prevent collisions, detect the precise position of robotic arms, and ensure the safety of workers and machinery.
In sectors such as healthcare, aerospace, and automotive, miniaturised position sensors play a crucial role in ensuring optimal safety and reliability. The rising adoption of smart devices, IoT solutions, and autonomous systems is also creating lucrative position sensor market opportunities. In the coming years, the growing deployment of technologies such as Micro-Electro-Mechanical Systems to enable the development of miniaturised and high-performance motion sensors with enhanced reliability and precision is likely to fuel the market.
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Global Position Sensor Industry Segmentation
The EMR’s report titled “Global Position Sensor Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Linear Type
- Linear Encoders
- Linear Variable Differential Transformers
- Magnetostrictive Sensors
- Linear Potentiometers
- Laser Position Sensors
- Rotary Position Sensors
- Rotary Encoders
- Rotary Potentiometers
- Rotary Variable Differential Transformers
- Resolvers
- Others
Market Breakup by Technology
- Photoelectric
- Rotary
- Linear
- Proximity
- Others
Market Breakup by Contact Type
- Non-Contact Type
- Contact Type
Market Breakup by Output
- Digital Output
- Analogue Output
Market Breakup by Application
- Machine Tools
- Robotics
- Motion Systems
- Material Handling
- Test Equipment
- Others
Market Breakup by End-Use
- Automotive
- Aerospace and Defence
- Electronics
- Healthcare
- Manufacturing and Packaging
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
| CAGR 2025-2034 - Market by | Country |
| India | 8.3% |
| Brazil | 8.1% |
| China | 7.6% |
| Saudi Arabia | 7.6% |
| Mexico | 7.5% |
| USA | XX% |
| Canada | 7.3% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| UK | 6.9% |
Global Position Sensor Market Share
As per the position sensor market analysis, linear position sensors measure the distance between a point of reference in a straight line and a physical object. Also used to measure a change in position and provide accurate feedback on displacement, they are critical in sectors such as robotics, industrial environments, and medical, among others.
The growing trend of Industry 4.0 is expected to boost the adoption of linear position sensors employing Application Specific Integrated Circuits (ASICs) to offer enhanced speed, cost saving, and precision to industrial automation. Meanwhile, rotary position sensors are designed for applications such as consumer electronics, test and measurement equipment, medical equipment, and small engines, among others, requiring frequent adjustments.
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Competitive Landscape
Key position sensors market players are investing in developing high precision position sensors with enhanced reliability and accuracy for use in applications in industrial automation and autonomous vehicles. They are also attempting to miniaturise position sensors to cater to the rising demand for lightweight and compact solutions for use in drones, wearables, and mobile devices.
AMS AG
AMS AG, headquartered in Austria and Germany, is a leader in intelligent sensors and emitters. It is also engaged in designing and manufacturing advanced sensor solutions. In 2023, the company achieved EUR 3.6 billion revenue and is listed on the SIX Swiss Exchange.
MTS Systems Corporation
MTS Systems Corporation, established in 1966, is a prominent supplier of test and simulation systems. Headquartered in Minnesota, United States, the company is renowned for its innovation, quality, and excellent customer service. Its products and solutions are used in diverse sectors, ranging from civil engineering to biomedical.
Vishay Intertechnology, Inc.
Vishay Intertechnology, Inc., established in 1962 and headquartered in Pennsylvania, United States, is one of the leading manufacturers of discrete semiconductors and passive electronic components. Serving sectors such as telecommunications, automotive, consumer electronics, military, aerospace, and medical, the company is listed on NYSE.
Bourns
Bourns, headquartered in California, United States, has established its position as a leading manufacturer and supplier of circuit protection solutions, automotive sensors, microelectronic modules, panel controls, and magnetic products, among others. Founded in 1947, the company serves various sectors, including industrial, automotive, non-critical life support medical, and consumer communications, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the position sensor market include Honeywell International Inc., SICK AG, TE Connectivity Corporation, and Infineon Technologies, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the market reached an approximate value of USD 4.92 Billion.
The market is assessed to grow at a CAGR of 7.10% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 9.77 Billion by 2034.
The major market drivers include manufacturers’ increasing focus on accurate measurements and detailed inspection, the increasing adoption of position sensors in the aviation and aerospace sectors, and the surging usage of position sensors in modern automobiles.
The key trend guiding the growth of the market includes the significant R&D investments by major players.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Linear type and rotary position sensors are the major types of position sensor in the market.
Photoelectric, rotary, linear, and proximity, among others, are the significant technologies of position sensor in the market.
Non-contact and contact types are the major contact types of position sensor in the industry.
Digital output and analogue output are the major output segments of position sensor.
The various applications of position sensor include machine tools, robotics, motion systems, material handling, and test equipment, among others.
Automotive, aerospace and defence, electronics, healthcare, and manufacturing and packaging, among others, are the major end uses of the product in the industry.
The major market players are Honeywell International Inc., SICK AG, AMS AG, TE Connectivity Corporation, MTS Systems Corporation, Vishay Intertechnology, Inc., Infineon Technologies, and Bourns, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
|
| Breakup by Technology |
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| Breakup by Contact Type |
|
| Breakup by Output |
|
| Breakup by Applications |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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