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According to a new report North America Position Sensor Market, published by KBV research, the North America Position Sensor Market would witness market growth of 8.1% CAGR during the forecast period (2019-2025).
The US market dominated the North America Position Sensor Test Equipment Market by Country 2018, growing at a CAGR of 6.5 % during the forecast period. The Canada market is expected to witness a CAGR of 9.7% during (2019 - 2025). Additionally, The Mexico market is expected to witness a CAGR of 8.7% during (2019 - 2025).
The Non-Contact Type market dominated the North America Position Sensor Market by Contact Type 2018, growing at a CAGR of 8.9 % during the forecast period. The Contact Type market is expected to witness highest CAGR of 6.5% during (2019 - 2025).
The Digital market dominated the Canada Position Sensor Market by Output 2018, thereby, achieving a market value of $258.1 million by 2025, growing at a CAGR of 11.4 % during the forecast period. The Analog market is expected to witness a CAGR of 7.8% during (2019 - 2025).
Full Report: https://www.kbvresearch.com/north-america-position-sensor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. 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.
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