Market Overview:
The global position sensors for industrial and commercial market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for position sensors in industrial and commercial applications. The inductive type segment is expected to dominate the global position sensors for industrial and commercial market during the forecast period, owing to its high accuracy, reliability, and durability. In terms of application, the industrial segment is expected to hold a major share of the global market during the forecast period, as these sensors are used extensively in various industries such as automotive, aerospace & defense, oil & gas, food & beverage etc. North America is estimated to be one of the leading markets for position sensors for industrial and commercial applications due to technological advancements made in this region coupled with rising demand from end-use industries such as automotive and aerospace & defense sectors.
Product Definition:
Position sensors are devices used to determine the position of an object. They can be used for both industrial and commercial applications. Position sensors are important because they allow machines to be accurately controlled, which results in increased efficiency and productivity.
Inductive Type:
Industrial and commercial applications of position sensors are growing at a rapid pace. The market is witnessing high growth owing to the increasing demand for automation in these sectors. These devices have wide application areas such as robotics, machine tools, assembly lines, material handling equipment, packaging machines and palletizing systems among others.
The usage of position sensors has increased exponentially over the last few years due to their ability to provide accurate measurement even under adverse environmental conditions including dust.
Magnetic Type:
Magnetic type is used in position sensors for industrial and commercial applications. It consists of permanent magnets, which are attracted by magnetic field produced by the coil of a sensor. The attraction causes the needle to move on an indicating dial or paper, which indicates the presence or absence of a magnetic field.
The market size was valued at USD 1,Bn in 2015.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 70% in 2017. The demand is expected to be driven by applications such as process control, machine monitoring and safety switches in mining and construction industries. Increasing automation in industrial sectors such as manufacturing, oil & gas and transportation is further anticipated to drive the product demand over the forecast period.
Commercial applications include retail stores inventory management, building security systems, parking management among others. These applications are estimated to witness significant growth owing to growing adoption of location-based services that require real-time information regarding a customer¢â‚¬â„¢s location for providing better services or offering more convenient options.
Regional Analysis:
North America dominated the global market in 2017 owing to the high adoption of automation and technological advancements. The region is expected to continue its dominance over the forecast period, with U.S. at the forefront, on account of rising industrial automation and rapid developments in smart manufacturing industry.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing investments by prominent players for expanding their business operations across emerging countries such as China and India. Moreover, growing demand for consumer electronics products such as smartphones and tablets with advanced features including location-based services will drive this regional market further.
Growth Factors:
- Increasing demand from the automotive industry for position sensors in advanced safety and driver assistance systems.
- Growing demand for position sensors in renewable energy applications, such as wind turbines and solar arrays.
- Rapid expansion of the industrial internet of things (IIoT) market, which is creating new opportunities for position sensor deployment across a wide range of industries.
- Rising demand from Asia Pacific region, especially China and India, for high-quality position sensors to support rapid economic growth.
- Advances in sensor technology that are making smaller, more affordable position sensors available to a wider range of end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Position Sensors for Industrial and Commercial Market Research Report
By Type
Inductive Type, Magnetic Type
By Application
Industrial, Commercial
By Companies
Ifm Electronic, PEPPERL+FUCHS, TURCK, Omron Corporation, Eaton, Baumer, Honeywell International Inc, Schneider Electric, Rockwell Automation, Balluff, Sick AG, Panasonic Corporation, GARLO GAVAZZI, Warner Electric (Altra), Proxitron, Fargo Controls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Position Sensors for Industrial and Commercial Market Report Segments:
The global Position Sensors for Industrial and Commercial market is segmented on the basis of:
Types
Inductive Type, Magnetic Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ifm Electronic
- PEPPERL+FUCHS
- TURCK
- Omron Corporation
- Eaton
- Baumer
- Honeywell International Inc
- Schneider Electric
- Rockwell Automation
- Balluff
- Sick AG
- Panasonic Corporation
- GARLO GAVAZZI
- Warner Electric (Altra)
- Proxitron
- Fargo Controls
Highlights of The Position Sensors for Industrial and Commercial Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inductive Type
- Magnetic Type
- By Application:
- Industrial
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Position Sensors for Industrial and Commercial Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Position sensors are used in industrial and commercial applications to detect the position of objects. This information is then used to control machinery or other devices.
Some of the major companies in the position sensors for industrial and commercial market are Ifm Electronic, PEPPERL+FUCHS, TURCK, Omron Corporation, Eaton, Baumer, Honeywell International Inc, Schneider Electric, Rockwell Automation, Balluff, Sick AG, Panasonic Corporation, GARLO GAVAZZI, Warner Electric (Altra), Proxitron, Fargo Controls.
The position sensors for industrial and commercial market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Position Sensors for Industrial and Commercial Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Position Sensors for Industrial and Commercial Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Position Sensors for Industrial and Commercial Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Position Sensors for Industrial and Commercial Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Position Sensors for Industrial and Commercial Market Size & Forecast, 2018-2028
4.5.1 Position Sensors for Industrial and Commercial Market Size and Y-o-Y Growth
4.5.2 Position Sensors for Industrial and Commercial Market Absolute $ Opportunity
Chapter 5 Global Position Sensors for Industrial and Commercial Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Position Sensors for Industrial and Commercial Market Size Forecast by Type
5.2.1 Inductive Type
5.2.2 Magnetic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Position Sensors for Industrial and Commercial Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Position Sensors for Industrial and Commercial Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Position Sensors for Industrial and Commercial Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Position Sensors for Industrial and Commercial Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Position Sensors for Industrial and Commercial Analysis and Forecast
9.1 Introduction
9.2 North America Position Sensors for Industrial and Commercial Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Position Sensors for Industrial and Commercial Market Size Forecast by Type
9.6.1 Inductive Type
9.6.2 Magnetic Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Position Sensors for Industrial and Commercial Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Position Sensors for Industrial and Commercial Analysis and Forecast
10.1 Introduction
10.2 Europe Position Sensors for Industrial and Commercial Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Position Sensors for Industrial and Commercial Market Size Forecast by Type
10.6.1 Inductive Type
10.6.2 Magnetic Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Position Sensors for Industrial and Commercial Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Position Sensors for Industrial and Commercial Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Position Sensors for Industrial and Commercial Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Position Sensors for Industrial and Commercial Market Size Forecast by Type
11.6.1 Inductive Type
11.6.2 Magnetic Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Position Sensors for Industrial and Commercial Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Position Sensors for Industrial and Commercial Analysis and Forecast
12.1 Introduction
12.2 Latin America Position Sensors for Industrial and Commercial Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Position Sensors for Industrial and Commercial Market Size Forecast by Type
12.6.1 Inductive Type
12.6.2 Magnetic Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Position Sensors for Industrial and Commercial Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Position Sensors for Industrial and Commercial Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Position Sensors for Industrial and Commercial Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Position Sensors for Industrial and Commercial Market Size Forecast by Type
13.6.1 Inductive Type
13.6.2 Magnetic Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Position Sensors for Industrial and Commercial Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Position Sensors for Industrial and Commercial Market: Competitive Dashboard
14.2 Global Position Sensors for Industrial and Commercial Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ifm Electronic
14.3.2 PEPPERL+FUCHS
14.3.3 TURCK
14.3.4 Omron Corporation
14.3.5 Eaton
14.3.6 Baumer
14.3.7 Honeywell International Inc
14.3.8 Schneider Electric
14.3.9 Rockwell Automation
14.3.10 Balluff
14.3.11 Sick AG
14.3.12 Panasonic Corporation
14.3.13 GARLO GAVAZZI
14.3.14 Warner Electric (Altra)
14.3.15 Proxitron
14.3.16 Fargo Controls
