Global Non-contact Magnetostrictive Position Sensors Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Non-contact Magnetostrictive Position Sensors market size was valued at US$ 216 million in 2024 and is forecast to a readjusted size of USD 274 million by 2031 with a CAGR of 2.4% during review period.
Non-contact magnetostrictive position sensors are advanced measurement devices that utilize the principle of magnetostriction to detect the position of an object without physical contact. These sensors rely on the interaction between a magnetic field and the magnetic properties of a specialized sensing material to measure the displacement or position of an object with high precision and reliability. The basic operating principle involves a magnetostrictive material (such as an alloy) that changes its physical dimensions when subjected to a magnetic field. When a magnetic field is applied, the material undergoes a small strain, which is then translated into a measurable displacement.
The non-contact nature of these sensors offers several advantages over traditional mechanical sensors, such as potentiometers or encoders, which require physical contact with the moving part. By eliminating friction, wear, and the risk of mechanical failure, non-contact magnetostrictive position sensors offer longer service life, higher accuracy, and reduced maintenance requirements.
These sensors are commonly used in a variety of industrial applications, including automation, robotics, automotive, aerospace, and medical systems, among others. Their product range typically includes linear position sensors, rotary position sensors, and displacement sensors. Linear position sensors measure the position along a straight path, rotary sensors detect angular displacement, and displacement sensors are used to measure the distance between two points. Furthermore, some advanced models integrate features like temperature compensation, output redundancy, and wireless connectivity, enhancing their versatility in complex environments.
In terms of technology, these sensors are available with both analog and digital outputs. Analog output sensors provide continuous position feedback, whereas digital output sensors offer discrete position measurements, often with higher resolution and data accuracy. Modern non-contact magnetostrictive position sensors are increasingly integrated into smart systems, where they provide real-time position data that can be utilized in predictive maintenance, condition monitoring, and industrial IoT (IIoT) applications.
The non-contact magnetostrictive position sensor market is experiencing rapid growth driven by the increasing demand for high-precision and durable measurement solutions across various industries. Key driving factors include the growing emphasis on automation, the adoption of Industry 4.0 technologies, and the need for real-time, high-accuracy position data in applications such as robotics, automotive, aerospace, and industrial automation. As manufacturing processes become more automated, there is an increasing reliance on sensors to improve efficiency, reduce downtime, and ensure product quality.
The rise of electric vehicles (EVs), autonomous driving systems, and advanced driver-assistance systems (ADAS) in the automotive sector has also contributed significantly to the demand for non-contact magnetostrictive position sensors. These sensors are increasingly used in electric motor control, steering systems, and braking systems, where precise position feedback is essential for performance and safety.
The expanding use of non-contact magnetostrictive sensors in medical devices, particularly in robotic surgeries and rehabilitation systems, further increases their market potential. In addition, the rise of predictive maintenance and industrial IoT (IIoT) systems is enhancing the demand for these sensors in smart factories, where real-time position data can be used for condition monitoring and fault detection.
Market Risks
Despite the market's growth potential, there are several challenges. One of the key risks is the relatively high cost of non-contact magnetostrictive sensors compared to other position sensing technologies, such as potentiometers or capacitive sensors. While the benefits of improved accuracy, reliability, and maintenance-free operation are clear, the initial investment in these sensors can be a barrier for cost-sensitive applications.
Another risk is the technological competition from alternative sensing technologies. Optical, capacitive, and inductive sensors may offer similar performance in specific applications, particularly where environmental conditions are less demanding. Additionally, the complexity of integrating magnetostrictive sensors into existing systems and the need for skilled personnel to maintain and calibrate these sensors may deter some potential users.
Market Concentration
The market for non-contact magnetostrictive position sensors is moderately concentrated, with a few dominant players controlling the majority of the market share. Leading companies include MTS Sensors, Balluff, ASM, and Turck, among others, who offer a wide range of products targeting industrial automation, robotics, and automotive applications. These companies are continuously investing in R&D to enhance the performance and capabilities of their sensors.
However, there are also a number of smaller regional players who focus on specific niche markets or offer cost-effective solutions for less demanding applications. As the market continues to grow, there is likely to be further consolidation, with larger companies acquiring smaller players to expand their product portfolios and market presence.
Downstream Demand Trends
The demand for non-contact magnetostrictive position sensors in downstream industries is primarily driven by the need for precision and reliability in critical applications. In the automotive sector, the rise of electric vehicles (EVs) and autonomous driving technologies has significantly increased the demand for high-performance position sensors. The automation of manufacturing processes is another key driver, as industries look to streamline operations and reduce human error.
In robotics, where precise motion control is crucial, non-contact magnetostrictive position sensors are used in a wide range of applications, from robotic arms to automated guided vehicles (AGVs). Similarly, in aerospace, these sensors are used for position feedback in actuators and control systems.
Latest Technologies and Innovations
Recent advancements in non-contact magnetostrictive position sensors include the integration of wireless communication capabilities and enhanced digital outputs for improved data accuracy and flexibility. Sensors with built-in temperature compensation are becoming more common, ensuring consistent performance in varying environmental conditions. Additionally, sensor fusion technologies, where magnetostrictive sensors are combined with other types of sensors (such as optical or capacitive), are being explored to offer even greater precision and functionality.
The increasing integration of these sensors into IoT and Industry 4.0 environments is also a notable trend. Sensors are becoming more connected, enabling real-time monitoring and predictive analytics for industries ranging from manufacturing to healthcare. The trend towards miniaturization of sensors and the development of more compact, energy-efficient solutions is also shaping the future of the market.
This report is a detailed and comprehensive analysis for global Non-contact Magnetostrictive Position Sensors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Non-contact Magnetostrictive Position Sensors market size and forecasts, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market shares of main players, shipments in revenue ($ Million), sales quantity (K Pcs), and ASP (USD/Piece), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Non-contact Magnetostrictive Position Sensors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Non-contact Magnetostrictive Position Sensors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MTS Sensors, Balluff, ASM Sensor, MEGATRON, TURCK, AMETEK Gemco, TSM SENSORS SRL, Althen, GEFRAN, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Non-contact Magnetostrictive Position Sensors market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Analog Type
Digital Type
Market segment by Application
Petroleum Industry
Chemical Industry
Pharmaceutical Industry
Food Industry
Other
Major players covered
MTS Sensors
Balluff
ASM Sensor
MEGATRON
TURCK
AMETEK Gemco
TSM SENSORS SRL
Althen
GEFRAN
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Non-contact Magnetostrictive Position Sensors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Non-contact Magnetostrictive Position Sensors, with price, sales quantity, revenue, and global market share of Non-contact Magnetostrictive Position Sensors from 2020 to 2025.
Chapter 3, the Non-contact Magnetostrictive Position Sensors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Non-contact Magnetostrictive Position Sensors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Non-contact Magnetostrictive Position Sensors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Non-contact Magnetostrictive Position Sensors.
Chapter 14 and 15, to describe Non-contact Magnetostrictive Position Sensors sales channel, distributors, customers, research findings and conclusion.
Non-contact magnetostrictive position sensors are advanced measurement devices that utilize the principle of magnetostriction to detect the position of an object without physical contact. These sensors rely on the interaction between a magnetic field and the magnetic properties of a specialized sensing material to measure the displacement or position of an object with high precision and reliability. The basic operating principle involves a magnetostrictive material (such as an alloy) that changes its physical dimensions when subjected to a magnetic field. When a magnetic field is applied, the material undergoes a small strain, which is then translated into a measurable displacement.
The non-contact nature of these sensors offers several advantages over traditional mechanical sensors, such as potentiometers or encoders, which require physical contact with the moving part. By eliminating friction, wear, and the risk of mechanical failure, non-contact magnetostrictive position sensors offer longer service life, higher accuracy, and reduced maintenance requirements.
These sensors are commonly used in a variety of industrial applications, including automation, robotics, automotive, aerospace, and medical systems, among others. Their product range typically includes linear position sensors, rotary position sensors, and displacement sensors. Linear position sensors measure the position along a straight path, rotary sensors detect angular displacement, and displacement sensors are used to measure the distance between two points. Furthermore, some advanced models integrate features like temperature compensation, output redundancy, and wireless connectivity, enhancing their versatility in complex environments.
In terms of technology, these sensors are available with both analog and digital outputs. Analog output sensors provide continuous position feedback, whereas digital output sensors offer discrete position measurements, often with higher resolution and data accuracy. Modern non-contact magnetostrictive position sensors are increasingly integrated into smart systems, where they provide real-time position data that can be utilized in predictive maintenance, condition monitoring, and industrial IoT (IIoT) applications.
The non-contact magnetostrictive position sensor market is experiencing rapid growth driven by the increasing demand for high-precision and durable measurement solutions across various industries. Key driving factors include the growing emphasis on automation, the adoption of Industry 4.0 technologies, and the need for real-time, high-accuracy position data in applications such as robotics, automotive, aerospace, and industrial automation. As manufacturing processes become more automated, there is an increasing reliance on sensors to improve efficiency, reduce downtime, and ensure product quality.
The rise of electric vehicles (EVs), autonomous driving systems, and advanced driver-assistance systems (ADAS) in the automotive sector has also contributed significantly to the demand for non-contact magnetostrictive position sensors. These sensors are increasingly used in electric motor control, steering systems, and braking systems, where precise position feedback is essential for performance and safety.
The expanding use of non-contact magnetostrictive sensors in medical devices, particularly in robotic surgeries and rehabilitation systems, further increases their market potential. In addition, the rise of predictive maintenance and industrial IoT (IIoT) systems is enhancing the demand for these sensors in smart factories, where real-time position data can be used for condition monitoring and fault detection.
Market Risks
Despite the market's growth potential, there are several challenges. One of the key risks is the relatively high cost of non-contact magnetostrictive sensors compared to other position sensing technologies, such as potentiometers or capacitive sensors. While the benefits of improved accuracy, reliability, and maintenance-free operation are clear, the initial investment in these sensors can be a barrier for cost-sensitive applications.
Another risk is the technological competition from alternative sensing technologies. Optical, capacitive, and inductive sensors may offer similar performance in specific applications, particularly where environmental conditions are less demanding. Additionally, the complexity of integrating magnetostrictive sensors into existing systems and the need for skilled personnel to maintain and calibrate these sensors may deter some potential users.
Market Concentration
The market for non-contact magnetostrictive position sensors is moderately concentrated, with a few dominant players controlling the majority of the market share. Leading companies include MTS Sensors, Balluff, ASM, and Turck, among others, who offer a wide range of products targeting industrial automation, robotics, and automotive applications. These companies are continuously investing in R&D to enhance the performance and capabilities of their sensors.
However, there are also a number of smaller regional players who focus on specific niche markets or offer cost-effective solutions for less demanding applications. As the market continues to grow, there is likely to be further consolidation, with larger companies acquiring smaller players to expand their product portfolios and market presence.
Downstream Demand Trends
The demand for non-contact magnetostrictive position sensors in downstream industries is primarily driven by the need for precision and reliability in critical applications. In the automotive sector, the rise of electric vehicles (EVs) and autonomous driving technologies has significantly increased the demand for high-performance position sensors. The automation of manufacturing processes is another key driver, as industries look to streamline operations and reduce human error.
In robotics, where precise motion control is crucial, non-contact magnetostrictive position sensors are used in a wide range of applications, from robotic arms to automated guided vehicles (AGVs). Similarly, in aerospace, these sensors are used for position feedback in actuators and control systems.
Latest Technologies and Innovations
Recent advancements in non-contact magnetostrictive position sensors include the integration of wireless communication capabilities and enhanced digital outputs for improved data accuracy and flexibility. Sensors with built-in temperature compensation are becoming more common, ensuring consistent performance in varying environmental conditions. Additionally, sensor fusion technologies, where magnetostrictive sensors are combined with other types of sensors (such as optical or capacitive), are being explored to offer even greater precision and functionality.
The increasing integration of these sensors into IoT and Industry 4.0 environments is also a notable trend. Sensors are becoming more connected, enabling real-time monitoring and predictive analytics for industries ranging from manufacturing to healthcare. The trend towards miniaturization of sensors and the development of more compact, energy-efficient solutions is also shaping the future of the market.
This report is a detailed and comprehensive analysis for global Non-contact Magnetostrictive Position Sensors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Non-contact Magnetostrictive Position Sensors market size and forecasts, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Pcs), and average selling prices (USD/Piece), 2020-2031
Global Non-contact Magnetostrictive Position Sensors market shares of main players, shipments in revenue ($ Million), sales quantity (K Pcs), and ASP (USD/Piece), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Non-contact Magnetostrictive Position Sensors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Non-contact Magnetostrictive Position Sensors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MTS Sensors, Balluff, ASM Sensor, MEGATRON, TURCK, AMETEK Gemco, TSM SENSORS SRL, Althen, GEFRAN, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Non-contact Magnetostrictive Position Sensors market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Analog Type
Digital Type
Market segment by Application
Petroleum Industry
Chemical Industry
Pharmaceutical Industry
Food Industry
Other
Major players covered
MTS Sensors
Balluff
ASM Sensor
MEGATRON
TURCK
AMETEK Gemco
TSM SENSORS SRL
Althen
GEFRAN
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Non-contact Magnetostrictive Position Sensors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Non-contact Magnetostrictive Position Sensors, with price, sales quantity, revenue, and global market share of Non-contact Magnetostrictive Position Sensors from 2020 to 2025.
Chapter 3, the Non-contact Magnetostrictive Position Sensors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Non-contact Magnetostrictive Position Sensors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Non-contact Magnetostrictive Position Sensors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Non-contact Magnetostrictive Position Sensors.
Chapter 14 and 15, to describe Non-contact Magnetostrictive Position Sensors sales channel, distributors, customers, research findings and conclusion.
Table of Contents
87 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Non-contact Magnetostrictive Position Sensors by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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