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.

Request for a free sample copy of this report: https://www.imarcgroup.com/automotive-position-sensor-market/requestsample 

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
Explore full report with table of contents: https://www.imarcgroup.com/automotive-position-sensor-market

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. 
Browse Related Report:
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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