Portland, OR -- (SBWire) -- 07/07/2017 --A position sensor is a device utilized for position measurement where displacement, distance, position, or length measurements are used to automate, test, or monitor processes. It can either be an absolute position sensor or a relative one (displacement sensor). They are widely used in computer game joysticks, computer hard drives & CD/DVD drives, steering wheels, industrial, and robotics among others.

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The evolving drift towards automation of processing systems in industries results in high demand for position sensors. Position sensors are applicable in a wide array of automotive and industrial applications including steering wheel position sensing, float-level sensing, and transmission gearbox encoder.

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The global position sensor market is segmented on the basis of technology, industry vertical, and geography. Based on technology, it is divided into photoelectric, rotary, linear, proximity, and others. The market by industry comprises automotive, aerospace & defense, electronics, healthcare, manufacturing & packaging, and others. Furthermore, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major players operating in this market are Sensata Technologies, Inc., Honeywell International, Inc., Sick AG,

Heidenhain Corporation, Ametek Inc., Balluff Inc., Emerson Electric Co., Hans TURCK GmbH & Co. KG, MTS System Corporation, and TE Connectivity Ltd. Among others.

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Position Sensor Market Key Segmentation

The market is segmented on the basis of technology, industry vertical, and geography.

By Technology

Photoelectric
Rotary
Linear
Proximity
Others

By Industry

Automotive
Aerospace & Defense
Electronics
Healthcare
Manufacturing & Packaging
Others

By Geography

North America
-U.S.
-Canada
-Mexico

Europe
-France
-Germany
-Spain
-UK
-Italy
-Rest of Europe

Asia-Pacific
-China
-India
-Japan
-South Korea
-Taiwan
-Rest of Asia-Pacific

LAMEA
-Latin America
-Middle East
-Africa

Key Players

Sensata Technologies, Inc.
Honeywell International, Inc.
Sick AG
Heidenhain Corporation
Ametek Inc.
Balluff Inc.
Emerson Electric Co.
Hans TURCK GmbH & Co. KG
TE Connectivity Ltd.
MTS System Corporation
Research organizations