According to a new report Global Position Sensor Market, published by KBV research, The Global Position Sensor Market size is expected to reach $8 billion by 2025, rising at a market growth of 8.6% CAGR during the forecast period.

The Machine Tools market dominated the Global Position Sensor Market by Application 2018, growing at a CAGR of 7.4 % during the forecast period. The Test Equipment market is expected to witness a CAGR of 7.8% during (20192025). Additionally, The Motion Systems market is expected to witness highest CAGR of 9.2% during (2019-2025).

The Europe market dominated the Global Digital Position Sensor Market by Region 2018, growing at a CAGR of 8.8 % during the forecast period. The North America market is expected to witness a CAGR of 8.9% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 10.6% during (2019-2025).

The Manufacturing market dominated the Global Position Sensor Market by End User 2018, growing at a CAGR of 7.3 % during the forecast period. The Automotive market is expected to witness a CAGR of 9.1% during (2019-2025). The Aerospace market is expected to witness a CAGR of 10.6% during (2019-2025). Additionally, The Packaging market is expected to witness highest CAGR of 9.8% during (2019-2025).

Full Report: https://www.kbvresearch.com/position-sensor-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sick AG, Balluff GmbH, Honeywell International, Inc., NXP Semiconductors N.V., STMicroelectronics N.V., Denso Corporation, Emerson Electric Co., Continental AG, ZF Friedrichshafen AG and Infineon Technologies AG.

Global Position Sensor Market Segmentation

By Type

Rotary
Linear

By Application

Machine Tools
Test Equipment
Motion Systems
Material Handling
Robotics
Others

By Contact Type

Non-Contact Type
Contact Type

By Output

Digital
Analog

By End User

Manufacturing
Automotive
Aerospace
Packaging
Healthcare
Consumer Electronics
Others

By Geography

North America

US
Canada
Mexico
Rest of North America

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

LAMEA

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Companies Profiled

Sick AG
Balluff GmbH
Honeywell International, Inc.
NXP Semiconductors N.V.
STMicroelectronics N.V.
Denso Corporation
Emerson Electric Co.
Continental AG
ZF Friedrichshafen AG
Infineon Technologies AG

Position Sensor Market Related Reports:

North America Market
Europe Market
Asia Pacific Market
LAMEA Market