The growing need for automotive position sensors for steering wheel positioning, throttle control, automatic gear selection, and maintaining vehicle stability is largely responsible for the market's expansion. A further factor driving the use of position sensors in advanced driver assistance systems is the rising emphasis on vehicle safety (ADAS). The development of sophisticated hall-effect...

Position sensors are used in automobiles to determine the steering wheel position, pedal positions, seat positions, and the position of various valves, knobs, and actuators. These sensors use a variety of technologies, such as wiper-arm potentiometers, optical reflection or imaging, and Hall-effect sensors, to detect their location. With continuous advancements and innovations in technology,...

Position sensors are used in automobiles to determine the steering wheel position, pedal positions, seat positions, and the position of various valves, knobs, and actuators. These sensors use a variety of technologies, such as wiper-arm potentiometers, optical reflection or imaging, and Hall-effect sensors, to detect their location. With continuous advancements and innovations in technology,...

Market Scope The global optical position sensor market was valued at USD 1,462.3 million in 2017 and is expected to reach USD 2,648.4 million by the end of forecast period with a CAGR of 11.08%. The market operations during the forecast period are likely to witness a momentous and huge growth in the adoption of Industry 4.0 which has excellent opportunities to offer to the market and...

Optical position sensors are components installed in automation and measurement devices owing to their accuracy, repeatability, and environmental ruggedness. They can detect the movement of an object and its relative position from a reference point with the help of light being reflected from the object. The global optical position sensor market report by Market Research Future (MRFR) provides a...

Position Sensor Market Competitive Analysis The key players of the global position sensor market are AMS AG, MTS Systems Corporation, Renishaw plc, Allegro Microsystems Inc., TE Connectivity Ltd., Honeywell International Inc., Panasonic Corporation, Vishay Intertechnology Inc., Qualcomm Technologies Inc, Infineon Technologies AG, and STMicroelectronics N.V., among others. In June...