Sign Up

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Forgot Password?

Don't have account, Sign Up Here

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Forgot Password?

Need An Account, Sign Up Here

You must login to add post.

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Sign InSign Up

Find Authority

Find Authority Logo Find Authority Logo

Find Authority Navigation

  • Home

Mobile menu

Close
Ask a Question
  • Home
  • Recent Questions
  • Topics
  • Home
Home/Questions/Q 2381
Next
In Process
Anonymous
  • 3
Anonymous
Asked: January 23, 20202020-01-23T23:02:59+00:00 2020-01-23T23:02:59+00:00In: Energy

What is the global position sensor market size?

  • 3

The position sensor is an electronic device used to measure the position where displacement, location, distance or length measurements are used to automate, test or monitor processes. It measures the distance the body travels from its place of reference or initial position.

What are the emerging technologies that could impact the position sensor market?

market sizesensors
  • 1 1 Answer
  • 0
Share
  • Facebook

    Leave an answer
    Cancel reply

    You must login to add an answer.

    Forgot Password?

    Need An Account, Sign Up Here

    1 Answer

    • Oldest
    1. Markit12 Level 2
      2020-01-23T23:11:56+00:00Added an answer on January 23, 2020 at
      This answer was edited.

      Position sensor market size

      The global position sensor market is expected to grow from US$ 5 billion in 2019 to US$ 7 billion by 2025.

      Analysis of position sensor market

      The growth in the position sensors market is driven by the growing adaptation of the position sensor in the aviation sector and by increased demand in the manufacturing sector. Position sensors are used in a number of manufacturing fields including material monitoring, final product transits and operational efficiency.

      The emerging trends towards plant automation and increased vehicle safety requirements generate strong demand for the market. In the automotive industry, they are mainly used in clutch plates, guided steering angle sensing, pedal positioning, camshaft positioning, and electric throttle control and in advanced driver-assistance systems (ADAS).

      Due to the increasing worldwide production of vehicles and the rising use of new technology in passenger cars, especially in developing countries such as China, Indonesia and Thailand are boosting the global demand for such sensors. These sensors ensure vehicle safety which will help fuel the growth of the market for position sensors.

      Moreover, Hybrid engines and vehicle parking assistance systems also include the use of position sensors for proper operation. Apart from this, the rising need for time-tested sensors and tailored solutions for military and aeronautical applications for the critical mission are the main driving forces behind the demand for position sensors. The global growing market growth will also be driven by increased demand for position sensors in robotics and automation.

      Additionally, the packaging industry is also driving the market of position sensor as it plays a key role in packaging machines and to the detection of the end stop position of the mechanical part, such as the deflector. It also helps track the position of a label applicator and moving parts such as a cassette or cylinder. Thus, the growing packaging industry is driving the growth of the global market for position sensors.

      The key challenge is the lack of procedures for measuring the performance standards of position sensors and the lack of product differentiation which may hinder the global position sensor market. Several players sell the same technical framework based products. This causes market players to compete for high volume contracts with large manufacturers and is therefore subject to the resulting price pressure.

      • 4
      • Reply
      • Share
        Share
        • Share on Facebook
        • Share on Twitter
        • Share on LinkedIn
        • Share on WhatsApp

    Sidebar

    Advanced Search
    Ask A Question

    Related Questions

    • What is the difference between UPS and inverters?

    • What are the differences between power and voltage amplifier?

    • What is the main difference between humidifier and dehumidifier?

    • What are the types of electrical power distribution system?

    • What is the difference between an underground transmission line and ...

    Explore

    • Home
    • Recent Questions
    • Topics

    Footer

    Find Authority

    Find Authority

    Find Authority is a professional networking and crowdsourcing platform which helps enhance members credentials and create opportunities.

    About Us

    • About Us
    • Careers
    • Contact Us

    Legal Stuff

    • Terms and Conditions
    • Privacy Policy
    • Cookie Policy

    Supprt

    • Help Centre
    • Badges

    Follow

    © 2020 Find Authority. All Rights Reserved

    Insert/edit link

    Enter the destination URL

    Or link to existing content

      No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.