Position sensors are crucial electronic devices that detect and measure the position of an object relative to a reference point, converting physical position into electrical signals. These sensors find extensive applications across automotive, industrial manufacturing, aerospace, healthcare, and consumer electronics sectors. Position sensors offer high accuracy, reliability, and real-time monitoring capabilities, making them essential for precise motion control and positioning applications.

The position sensor market is estimated to be valued at USD 6.36 Bn in 2025 and is expected to reach USD 10.41 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032.

The Position Sensor Market is expected to witness significant growth with the proliferation of automated machinery and robotics across industries. The technology encompasses various types including linear position sensors, rotary position sensors, and proximity sensors, each serving specific industrial needs. Their ability to function in harsh environments, provide non-contact measurement, and ensure operational safety has made them indispensable in modern automation systems.

The growing demand for position sensors is primarily driven by the automotive sector's transition towards electric vehicles and advanced driver assistance systems (ADAS). These sensors play a vital role in ensuring precise control of various automotive components, including throttle position, gear shifting, and steering angle detection. Additionally, the increasing automation in manufacturing processes and the rise of robotics applications have created substantial demand for position sensors in industrial applications.

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