Market Overview:
The global inductive position sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for inductive position sensors in various applications, such as aerospace & defense, automotive, industrial manufacturing, food & beverage and others. Additionally, the growing demand for miniaturized and high-precision inductive position sensors is also contributing to the growth of this market.
Product Definition:
An inductive position sensor is a device that uses an electromagnetic field to determine the location of an object. Inductive position sensors are used in a variety of applications, including automotive manufacturing, robotics, and machine tooling.
Cylinder Sensors:
Cylinder sensors are used in position sensing applications. They are also known as rotary position sensors or linear move ment sensors. These devices use a cylindrical magnet to generate an electrical signal representative of the rotation or movement of the sensor element, which is then amplified and converted into a digital value by an analog-to-digital converter (ADC).
Rectangular Sensors:
Rectangular sensors are the most commonly used type of position sensor. They have a rectangular shape and can be mounted on any surface. The output voltage is proportional to the thickness of the material it is mounted on. It can also be attached to any conductive object for getting an electric signal, which is proportional to its position or orientation in three dimensions (x, y, z).
The market size was valued at USD 1.5 billion in 2015.
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share of over 40% in 2017. The segment is expected to continue its dominance over the forecast period owing to increasing demand from major manufacturers such as Airbus, Boeing, Embraer, and Bombardier. These companies are focusing on reducing production cost by adopting advanced manufacturing technologies such as 3D printing. For instance, in 2016 GE Aviation launched a new engine with a digital twin designed using 3D Printing Technology-enabled collaborative software that helps reduce the costs associated with designing and developing prototypes.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in emerging economies, such as China and India. In addition, rising investments in automation are anticipated to fuel product demand across numerous industries in these countries.
The European market accounted for a significant share of global revenue owing to early adoption of inductive position sensors technology across several applications. However, high maturity of other technologies such as optical sensing and capacitive touch sensing may hinder the growth during the forecast period.
Latin America has witnessed tremendous economic development over past few years with growing number of automobile production plants coming up in Brazil, Mexico, Argentina etc.
Growth Factors:
- Increasing demand from the automotive industry for inductive position sensors for advanced safety features and fuel efficiency is expected to drive the growth of the market.
- Growing demand from the medical sector for inductive position sensors in implantable devices is another major factor that is expected to propel the growth of this market during the forecast period.
- The increasing adoption of inductive position sensors in consumer electronics applications such as smartphones, tablets, and laptops is also anticipated to boost market growth over the next few years.
- Rising awareness about energy conservation and growing demand for green technologies are some other key factors that are likely to fuel market growth in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inductive Position Sensors Market Research Report
By Type
Cylinder Sensors, Rectangular Sensors, Ring & Slot Sensors, Tubular Sensors
By Application
Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Others
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Inductive Position Sensors Market Report Segments:
The global Inductive Position Sensors market is segmented on the basis of:
Types
Cylinder Sensors, Rectangular Sensors, Ring & Slot Sensors, Tubular Sensors
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
Aerospace & Defense, Automotive, Industrial Manufacturing, Food & Beverage, Others
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 Inductive Position Sensors 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:
- Cylinder Sensors
- Rectangular Sensors
- Ring & Slot Sensors
- Tubular Sensors
- By Application:
- Aerospace & Defense
- Automotive
- Industrial Manufacturing
- Food & Beverage
- Others
- 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 Inductive Position Sensors 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?
Inductive position sensors are used to detect the location of an object in three dimensions. They work by detecting changes in electrical current caused by movement of the object.
Some of the major players in the inductive position sensors 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 inductive position sensors market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inductive Position Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inductive Position Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inductive Position Sensors Market - Supply Chain
4.5. Global Inductive Position Sensors Market Forecast
4.5.1. Inductive Position Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inductive Position Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inductive Position Sensors Market Absolute $ Opportunity
5. Global Inductive Position Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inductive Position Sensors Market Size and Volume Forecast by Type
5.3.1. Cylinder Sensors
5.3.2. Rectangular Sensors
5.3.3. Ring & Slot Sensors
5.3.4. Tubular Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inductive Position Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inductive Position Sensors Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Automotive
6.3.3. Industrial Manufacturing
6.3.4. Food & Beverage
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inductive Position Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inductive Position Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inductive Position Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inductive Position Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inductive Position Sensors Demand Share Forecast, 2019-2029
9. North America Inductive Position Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inductive Position Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inductive Position Sensors Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Automotive
9.4.3. Industrial Manufacturing
9.4.4. Food & Beverage
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inductive Position Sensors Market Size and Volume Forecast by Type
9.7.1. Cylinder Sensors
9.7.2. Rectangular Sensors
9.7.3. Ring & Slot Sensors
9.7.4. Tubular Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inductive Position Sensors Demand Share Forecast, 2019-2029
10. Latin America Inductive Position Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inductive Position Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inductive Position Sensors Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Automotive
10.4.3. Industrial Manufacturing
10.4.4. Food & Beverage
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inductive Position Sensors Market Size and Volume Forecast by Type
10.7.1. Cylinder Sensors
10.7.2. Rectangular Sensors
10.7.3. Ring & Slot Sensors
10.7.4. Tubular Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inductive Position Sensors Demand Share Forecast, 2019-2029
11. Europe Inductive Position Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inductive Position Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inductive Position Sensors Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Automotive
11.4.3. Industrial Manufacturing
11.4.4. Food & Beverage
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inductive Position Sensors Market Size and Volume Forecast by Type
11.7.1. Cylinder Sensors
11.7.2. Rectangular Sensors
11.7.3. Ring & Slot Sensors
11.7.4. Tubular Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inductive Position Sensors Demand Share, 2019-2029
12. Asia Pacific Inductive Position Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inductive Position Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inductive Position Sensors Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Automotive
12.4.3. Industrial Manufacturing
12.4.4. Food & Beverage
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inductive Position Sensors Market Size and Volume Forecast by Type
12.7.1. Cylinder Sensors
12.7.2. Rectangular Sensors
12.7.3. Ring & Slot Sensors
12.7.4. Tubular Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inductive Position Sensors Demand Share, 2019-2029
13. Middle East & Africa Inductive Position Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inductive Position Sensors Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inductive Position Sensors Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Automotive
13.4.3. Industrial Manufacturing
13.4.4. Food & Beverage
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inductive Position Sensors Market Size and Volume Forecast by Type
13.7.1. Cylinder Sensors
13.7.2. Rectangular Sensors
13.7.3. Ring & Slot Sensors
13.7.4. Tubular Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inductive Position Sensors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Inductive Position Sensors Market: Market Share Analysis
14.2. Inductive Position Sensors Distributors and Customers
14.3. Inductive Position Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ifm Electronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PEPPERL+FUCHS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TURCK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omron Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Baumer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honeywell International Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schneider Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rockwell Automation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Balluff
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sick AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Panasonic Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GARLO GAVAZZI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Warner Electric (Altra)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Proxitron
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fargo Controls
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
