Europe Position Sensor Market By Type (Rotary and Linear) By Application (Machine Tools, Test Equipment, Motion Systems, Material Handling, Robotics and Others) By Contact Type (Non-Contact Type and Contact Type) By Output (Digital and Analog) By End User (Manufacturing, Automotive, Aerospace, Packaging, Healthcare, Consumer Electronics and Others)
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The Europe Position Sensor Market would witness market growth of 8% CAGR during the forecast period (2019-2025).
The automotive industry has grown at a rapid pace due to the extensive adoption of Position Sensor to measure the distance between two moving objects. The different types of Position Sensor used in the automotive industry include resistance-based sensors, linear voltage sensors, optical Position Sensor, etc. The wide-scale adoption can be largely attributed to the increasing adoption of new technologies like integrated control system for consumer electronics, the growing demand for plant automation, and high investments by manufacturers.
Currently, significant investments in R&D by key players have helped to develop smart and intelligent sensor systems for different novel applications in automotive, aerospace & defense, electronics, and healthcare. Position Sensor can be categorized as absolute or incremental. Whenever there is a change in position, the output from an incremental sensor also changes. Whereas, a signal generated from an absolute sensor is proportional to its true position, whether it is moving or stationary.
Based on Type, the market is segmented into Rotary and Linear. Based on Application, the market is segmented into Machine Tools, Test Equipment, Motion Systems, Material Handling, Robotics and Others. Based on Contact Type, the market is segmented into Non-Contact Type and Contact Type. Based on Output, the market is segmented into Digital and Analog. Based on End User, the market is segmented into Manufacturing, Automotive, Aerospace, Packaging, Healthcare, Consumer Electronics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Position Sensor Market Analysis
- Machine Tools
- Test Equipment
- Motion Systems
- Material Handling
By Contact Type
- Non-Contact Type
- Contact Type
By End User
- Consumer Electronics
- Rest of Europe
- 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
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