Automotive Position Sensor Market Share Industry Analysis, Challenges, Drivers, Trends and Forecast to 2020-2025

Position sensor stands for a device which detects and converts the movement of an object from its reference position into signals. In automobiles, these sensors enable the engine control modules (ECM) to identify the position of a component and act respective to the sensor signals. Automotive position sensors offer numerous benefits in automobiles, such as precision stage positioning of equipment, machine tool monitoring, low power consumption, high feature integration, etc.

According to IMARC Group’s latest report, titled “Automotive Position Sensor Market Share: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global automotive position sensor market, however, is expected to revive from 2021 and continue its moderate growth for the next five years.

Market Trends
The expanding automobile sector, coupled with the rising adoption of automotive position sensors for steering wheel positioning, automatic gear selection, throttle controlling, and managing vehicle stability, is primarily augmenting the market growth. Additionally, the growing replacement of reed and mechanical switches with these sensors in automotive shift selectors, seat positioning systems, seat belt buckle switches, etc., is also propelling the market on a global level. Apart from this, the rapid integration of position sensors with GPS-, AI-, and Internet-of-Things (IoT)-based automotive components has led to various product innovations that will continue to drive the market growth in the coming years.

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Breakup by Type:

• Multi-Axis
• Angular
• Linear
• Others

Breakup by Vehicle Type:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Breakup by Sales Channel:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Breakup by Application:

• Clutch, Brake and Accelerator Pedals
• Engine
• Transmission and Suspension
• Gear Shifters
• Chassis
• Others

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Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Some of these key players include:

• Aptiv PLC
• Continental AG
• CTS Corporation
• Delphi Automotive
• Denso Corporation 
• HELLA GmbH & Co. KGaA
• Infineon Technologies AG 
• Mitsubishi Electric Corporation 
• NXP Semiconductors N.V. 
• OMRON Corporation 
• Robert Bosch GmbH
• TE Connectivity Inc. 
• Texas Instruments Incorporated
• Vishay Intertechnology, Inc. 

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