The position sensor market is expected to attain USD 12.245 billion by 2030, at a CAGR of 7.10% from USD 8.683 billion in 2025.
A position sensor is a type of electrical device that is used to measure or detect an object's position. Position sensor helps to measure multiple parameters, like displacements, distance, position, or length, to automate. It also calculates the distance traveled by the body from one point to another. The position sensors are used across multiple industries, including automotive, aerospace, industrial, and healthcare, among others. The position sensor market is estimated to grow significantly with the growth of the automotive and automation sectors across the globe.
Under the global position sensor market by type segment, the potentiometric position sensor category is anticipated to attain a greater market share, however, the contact category of the specification segment will expand massively. By application, the motion system category and the automotive category under the industry segment are also estimated to expand significantly.
The position sensors come in multiple types, which offer a wide range of applications across multiple industries. Some of the position sensors include linear position sensors, rotary or angular position sensors, inductive position sensors, and potentiometric position sensors. The linear position sensors are generally used for the measurement of linear movement and can be used across industrial and scientific applications. Similarly, the rotary or angular position sensor helps to detect or monitor the movement of an object, and it can also further convert the movement into the mechanical angular position. This type of sensor offers a highly reliable and extremely precise measurement.
The position sensors ensure multiple advantages over other sensors and can be used across multiple industries. The measurement of the position sensors is extremely accurate and also ensures high-resolution data. These sensors can also be used under extreme or harsh environmental conditions, making this an ideal option for industrial and infrastructural applications. Likewise, the position sensor also offers a cost-effective solution with easy maintenance and higher reliability.
The growth of the automotive industry worldwide is projected to push the position sensor market forward. Similarly, the position sensor market is also expected to observe massive growth with the expansion in the global automation landscape. In the industrial automation sector, the position sensor is used across the manufacturing system, allowing for accurate object detection along the assembly units.
The increase in the global automotive market demand and production is expected to act as one of the major driving factors for the growth of the global position sensor market. This type of sensor offers a key application in an automotive system, as it helps to measure the complex angle in an automotive system. The position sensors are used in automotive electric motors and electric power steering systems. The position sensor is also used to measure and monitor the position of several moving parts in the automobile.
The International Organization of Motor Vehicle Manufacturers (OICA), in its global production report, detailed that automotive production across the world increased significantly. The agency stated that in 2021, a total of about 80.004 million units of automobiles were produced, which increased to about 84.830 million units in 2022. Making a major growth in 2023, the total production of automobiles reached 93.546 million.
The growth of the automation and technological landscape across industrial settings is also predicted to push the global position sensor market forward. Many manufacturers lean toward automation of industrial activities as it offers sophisticated technologies, like Industry 4.0, which can further help to gain traction in the market. Similarly, automation also helps to boost production while simultaneously reducing the risk of error. Several businesses and industries have enhanced their focus on infrastructure and technological development by implementing automated machine tools, resulting in a growth in demand for position sensors.
The position sensors are critical for ensuring vehicle compliance with emission regulations. With the introduction of major scientific advancements in optical position sensors, effective and compact modules and chipsets with additional capabilities are being developed. The market demand for high-speed precision control and monitoring of machines in the industrial landscape has also increased, opening up new growth opportunities.
The Asia Pacific region is expected to witness rapid growth in the global position sensor market during the projected period, which can be attributed to the emerging trend of automation in the industrial and manufacturing landscape, the healthcare sector, and the packaging industry. Similarly, the increasing demand for consumer electronics, like smartphones and wearables, will also drive the market demand for position sensors forward. The Asia Pacific region is predicted to rise as its population grows, R&D investments increase, and the manufacturing and electronics sectors expand.
Additionally, in countries such as India, China, Japan, and Taiwan, the growing demand for passenger vehicles is also estimated to propel the regional position sensors market growth. Countries in the Asia Pacific region, such as China, India, Japan, and Vietnam, are among the biggest producers of automobiles worldwide. International Organization of Motor Vehicle Manufacturers (OICA), in its global automotive production statistics, stated that out of 84.830 million total units of automotive production globally in 2022, 50.021 million units were produced in the Asia-Oceania region. This figure increased to 55.115 million units in 2023, out of 93.546 million units produced globally.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Position Sensor Market Size in 2025 | USD 8.683 billion |
| Position Sensor Market Size in 2030 | USD 12.245 billion |
| Growth Rate | CAGR of 7.10% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2025 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Position Sensor Market |
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| Customization Scope | Free report customization with purchase |
The Position Sensor Market is segmented and analyzed as: