According to a new report Global Position Sensor Market, published by KBV research, The Global Position Senspresdor 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 Contact Type
By End User
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Honeywell International, Inc.
NXP Semiconductors N.V.
Emerson Electric Co.
ZF Friedrichshafen AG
Infineon Technologies AG
Position Sensor Market Related Reports:
North America Market
Asia Pacific Market