Global Automotive Position Sensors Market Overview
Introduction:
Position sensors are used in automobiles to determine steering wheel positions, pedal positions, seat positions, and the position of various valves, knobs, and actuators. There are three main types of position sensors: angular, rotary and linear. A position sensor is a device that collects information about the exact position and movement of an object. Information can be acquired by direct contact with the object or by using magnetic sensors. It can also detect the thickness of a part, the level of a fluid, or the angle of rotation of a shaft. The most commonly used of all "position sensors", is the potentiometer because it is a cheap and easy to use position sensor. It uses a wiper contact connected to a mechanical shaft which can be either angular (rotational) or linear (slider type). Position sensors are capable of determining the mechanical position of an object with respect to an arbitrary reference point. Apart from this, these sensors are also able to detect the presence of nearby objects. A position sensor can work in different ways such as it gives a signal that changes depending on the position of the object. It is through these signal differences that the displacement is translated. With each elementary movement, it emits an impulse. Displacement and position are determined by counting the emitted pulses. Position sensors are also being used in agriculture to monitor and optimize crops with GPS technology and to determine the position of automobiles such as tractors in the field. Growing demand from aerospace and defense, healthcare, electronics, automotive and other similar sectors will help the expansion of the global position sensor market in the coming years.
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Attributes |
Details |
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Global Automotive Position Sensors Market Value (2022) |
US$ 6515.3 Mn |
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Global Automotive Position Sensors Market Projected Value(2032) |
US$ 12377.64 Mn |
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Global Automotive Position Sensors Market CAGR (2022-2032) |
6.7% |
Global Automotive Position Sensors Market Dynamics
Rising adoption of autonomous vehicles and increase demand for safety and security
Autonomous driving is the primary factor driving the demand for automotive sensors. Most of the automotive sensors market is growing in line with the overall growth of the automotive market. Increasing demand for safety and security in automobiles is the main factor driving the market growth. Due to the growing popularity of vehicle automation and growing demand for connected cars across the globe, the demand for automotive sensors is expected to grow significantly during the forecast period.
Restraints:
High manufacturing cost
High manufacturing cost may restrain the growth of the automotive position sensor market. Furthermore, most current sensors have restricted signal bandwidth and measurement range, making it more difficult to distinguish between system noise and signals, such as road obstacles. Also tracking moving objects is less challenging than in ideal environments such as snow storms or rain. These factors are expected to hamper the growth of the market.
Technological advancement
Manufacturers involved in the global automotive position sensors market are developing advanced versions of their sensors due to new age technological advancements. MGA Technologies, a Lyon-based SME, has created a machine that allows preforming and regular cutting of various position, counting or speed sensors, all on one chain. It specializes in the design of specialized machines for the biotech, automotive and pharmaceutical industries. It is an easy-to-use machine with interchangeable, scalable and modular tools. Advanced technology is being adopted in passenger and commercial cars due to improved living conditions and increasing consumer preference for better safety standards and comfort. Position sensors have become an integral part of vehicles, from vehicle seats through pedals to gear shifters, to ensure the safety and proper functioning of all vehicle components. Thus, innovations in automotive technology have increased the use of position sensors in vehicles.
Global Automotive Position Sensors Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Global Automotive Position Sensors Market is segmented based on type, application, and region.
Global Automotive Position Sensors Market, By Type:
On the basis of type, the Global Automotive Position Sensors Market is segmented into Multi- axis, Angular, Linear. The linear position sensor segment is expected to account for the largest share of the automotive position sensor market. Linear position sensors are used in applications where the linear motion of a component is monitored e.g. Throttle position sensor
Global Automotive Position Sensors Market, By Application:
On the basis of application, the target market is classified into passenger vehicle and commercial vehicle. The demand for installation in passenger cars is expected to grow rapidly, especially due to the implementation of stringent regulations mandating the installation of automotive sensors in vehicles. Passenger sensors are used to monitor mass air flow, assist the vehicle by controlling coolant and oxygen emission rates, monitor temperature changes and send signals to the engine control unit to adjust spark timing and precise fuel delivery. Commercial vehicles are divided into light commercial vehicles and heavy commercial vehicles. The commercial segment will show a high growth rate during the forecast period due to increasing awareness of safety and comfort features and government regulations.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Global Automotive Position Sensors Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the second dominant region in the automotive sensor market. Presence of major key players, advancement in electronic control systems, increased investment in research and development, and safety regulations imposed by the government to reduce accidents etc. are important factors for the growth of sensor market in this sector. Asia Pacific accounted for the largest share of the automotive sensor market in 2020 and is expected to follow the same trend during the forecast period. This growth is attributed to stricter government regulations mandating the use of advanced technologies to improve vehicle safety and reduce pollution, increased trend towards electric and hybrid vehicles, and high adoption of ADAS and autonomous cars.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Million & CAGR from 2022 to 2032 |
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Market Segmentation |
By Type - Multi-axis, Angular, and Linear By Application - Passenger Vehicle, and Commercial Vehicle |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Recent Development:
- In 2022, Innoviz selected by leading Asia-based automotive OEM to serve as direct LiDAR supplier for series production passenger vehicles. Innoviz is a global leader in LiDAR technology, working towards a future with safer autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "sees" better than a human driver and reduces the likelihood of error, meeting the automotive industry's stringent expectations for performance and safety.
- In 2022, Aeva Extends Autonomy with First 4D LiDAR on NVIDIA DRIVE SIM Autonomous Vehicle Simulation Platform. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components into one compact module on a silicon photonics chip. Aeva 4D LiDAR sensors detect instantaneous velocity in addition to 3D position, allowing autonomous devices such as vehicles and robots to make more intelligent and safer decisions.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Automotive Position Sensors Market report based on type, application, and region:
Global Automotive Position Sensors Market, By Type:
- Multi-axis
- Angular
- Linear
Global Automotive Position Sensors Market, By Application:
- Passenger Vehicle
- Commercial Vehicle
Global Automotive Position Sensors Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Automotive Position Sensors Market Key Players
The key players operating the Global Automotive Position Sensors Market includes
- Analog Devices provides signal chain solutions for very common, high precision position sensors for example Optical Encoders, Resolvers, and LVDTs and Magnetic Sensors (AMR, TMR, and Hall).
- Avago Technologies has introduced the ACPL-K30T, an optocoupler-based photovoltaic driver device designed to drive high voltage MOSFETs and withstand extreme heat for automotive under-the-hood applications. The device is optimized for use in high-temperature power systems of modern electric vehicles (EV), hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV) as well as conventional internal combustion engine vehicles.
- Bosch Sensortec is designs and manufactures MEMS sensors 100 percent in-house. All MEMS sensors are manufactured in Reutlingen, Germany. The MEMS sensor manufacturing process takes more than three months and involves hundreds of steps.
- Bourns, Inc. It is an American electronics company that develops, manufactures, and supplies electronic components for various industries, including automotive, industrial, instrumentation, medical electronics, consumer electronics, and portable electronics.
- Continental Corporation is expanding its extensive sensor portfolio with the launch of two new sensors for electrified vehicles: the Current Sensor Module (CSM) and the Battery Impact Detection (BID) system.
- CTS Corporation It is a manufacturer of sensors, actuators and electronic components for designers and original equipment manufacturers (OEMs) in various markets.
- Delphi Automotive operates as a global automotive component manufacturer and provides electrical and electronic, active safety and thermal technology solutions to the global automotive and commercial vehicle markets. The company operates in four divisions: Electronic Architecture, Powertrain Systems, Electronics & Safety, and Thermal Systems.
- Denso Corporation the Company’s operations consist of five automotive segments, which are thermal systems, powertrain systems, mobility electronics, electrification systems and advanced devices.
- GE Measurement & Control Solution is a leading innovator of sensor-based solutions Measurement, inspection, asset condition monitoring, controls and radiation, Measurement solutions that deliver accuracy, productivity and safety Customers from a wide range of industries including oil and gas, power generation, Aerospace, Transportation and Healthcare.
- Gill Sensor& Control is a world leader in capacitive liquid level sensing technology. A range of liquid level sensors use solid-state capacitive technology to measure liquid levels. With no moving parts to break or wear, our sensors offer unmatched long-term reliability in a wide variety of harsh environments.
Global Automotive Position Sensors Market Company Profile
- Analog Devices
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Avago Technologies
- Bosch Sensortec
- Bourns
- Continental Corporation
- CTS Corporation
- Delphi Automotive
- Denso Corporation
- GE Measurement & Control Solutions
- Gill Sensor& Control
“*” marked represents similar segmentation in other categories in the respective section
Global Automotive Position Sensors Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Automotive Position Sensors Market, By Type
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Multi-axis
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Angular
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Linear
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Automotive Position Sensors Market, By Application, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Passenger Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Commercial Vehicle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Automotive Position Sensors Market, By Region, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Analog Devices
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Avago Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bosch Sensortec
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bourns
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CTS Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Delphi Automotive
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Denso Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GE Measurement & Control Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gill Sensor& Control
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Automotive Position Sensors Market is segmented into basis of on type, application, and region.
Automotive Position Sensor Market is drive because rising adoption of autonomous vehicles and increase demand for safety and security
Asia Pacific accounted for the largest share of the automotive sensor market in 2020 and is expected to follow the same trend during the forecast period.
The key players operating the Automotive Position Sensors Market includes Analog Devices, Avago Technologies, Bosch Sensortec, Bourns, Continental Corporation, CTS Corporation, Delphi Automotive, Denso Corporation, GE Measurement & Control Solutions, and Gill Sensor& Control.