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North America Position Sensor Market Size, Share & Trends Analysis Report By Type (Rotary and Linear), By Contact Type (Non-Contact and Contact), By Output (Digital and Analog), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Feb 29, 2024
Length 185 Pages
SKU # KBV18620725

Description

North America Position Sensor Market Size, Share & Trends Analysis Report By Type (Rotary and Linear), By Contact Type (Non-Contact and Contact), By Output (Digital and Analog), By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030


The North America Position Sensor Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 3,779.2 thousand units, showcasing a growth of 11.2% (2019-2022).

The market refers to the industry involved in designing, manufacturing, distributing, and utilizing position sensing technologies and solutions. These are devices or systems that detect and measure the position, movement, displacement, or orientation of objects or components in various applications and industries. These sensors provide valuable feedback and data to control systems, machinery, vehicles, and electronic devices, enabling precise positioning, monitoring, and automation of processes.

The market encompasses a wide range of sensor types, including linear position sensors, rotary position sensors, angle sensors, proximity sensors, and displacement sensors, among others. Furthermore, the market occupies a pivotal role in the ever-evolving landscape of technology. Its trajectory is characterized by a relentless pursuit of perfection, driven by the rising demand for greater precision, reliability, and functionality across diverse sectors.

The rising medical device industry in Canada is poised to have a notable impact on the market, driving demand for advanced sensing technologies, fostering innovation, and reshaping the healthcare landscape in the country. According to the International Trade Administration (ITA), in 2022, Canada’s medical device industry size was estimated to be US$6.8 billion. Therefore, the expansion of renewable energy and the rising medical devices sector in the region are propelling the growth of the market.

The US market dominated the North America Position Sensor Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,144.1 million by 2030. The Canada market is experiencing a CAGR of 11.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.3% during (2023 - 2030).

Based on Type, the market is segmented into Rotary and Linear. Based on Contact Type, the market is segmented into Non-Contact and Contact. Based on Output, the market is segmented into Digital and Analog. Based on Application, the market is segmented into Machine Tools, Robotics, Motion Systems, Material Handling, Test Equipment and Others. Based on Vertical, the market is segmented into Manufacturing, Packaging, Automotive, Electronics, Aerospace, Healthcare & Lifesciences and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Sick AG
  • Balluff GmbH
  • Honeywell International, Inc.
  • NXP Semiconductors N.V.
  • STMicroelectronics N.V.
  • Denso Corporation
  • Continental AG
  • ZF Friedrichshafen AG
  • Infineon Technologies AG
  • Emerson Electric Co.
North America Position Sensor Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • Rotary
  • Linear
By Contact Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • Non-Contact
  • Contact
By Output (Volume, Thousand Units, USD Billion, 2019-2030)
  • Digital
  • Analog
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
  • Machine Tools
  • Robotics
  • Motion Systems
  • Material Handling
  • Test Equipment
  • Others
By Vertical (Volume, Thousand Units, USD Billion, 2019-2030)
  • Manufacturing
  • Packaging
  • Automotive
  • Electronics
  • Aerospace
  • Healthcare & Lifesciences
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

185 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Position Sensor Market, by Type
1.4.2 North America Position Sensor Market, by Contact Type
1.4.3 North America Position Sensor Market, by Output
1.4.4 North America Position Sensor Market, by Application
1.4.5 North America Position Sensor Market, by Vertical
1.4.6 North America Position Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jan – 2023, Oct) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Position Sensor Market by Type
5.1 North America Rotary Market by Region
5.2 North America Linear Market by Region
Chapter 6. North America Position Sensor Market by Contact Type
6.1 North America Non-Contact Market by Country
6.2 North America Contact Market by Country
Chapter 7. North America Position Sensor Market by Output
7.1 North America Digital Market by Country
7.2 North America Analog Market by Country
Chapter 8. North America Position Sensor Market by Application
8.1 North America Machine Tools Market by Country
8.2 North America Robotics Market by Country
8.3 North America Motion Systems Market by Country
8.4 North America Material Handling Market by Country
8.5 North America Test Equipment Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Position Sensor Market by Vertical
9.1 North America Manufacturing Market by Country
9.2 North America Packaging Market by Country
9.3 North America Automotive Market by Country
9.4 North America Electronics Market by Country
9.5 North America Aerospace Market by Country
9.6 North America Healthcare & Lifesciences Market by Country
9.7 North America Others Market by Country
Chapter 10. North America Position Sensor Market by Country
10.1 US Position Sensor Market
10.1.1 US Position Sensor Market by Type
10.1.1.1.1 US Position Sensor Market by Contact Type
10.1.2 US Position Sensor Market by Output
10.1.3 US Position Sensor Market by Application
10.1.4 US Position Sensor Market by Vertical
10.2 Canada Position Sensor Market
10.2.1 Canada Position Sensor Market by Type
10.2.2 Canada Position Sensor Market by Contact Type
10.2.3 Canada Position Sensor Market by Output
10.2.4 Canada Position Sensor Market by Application
10.2.5 Canada Position Sensor Market by Vertical
10.3 Mexico Position Sensor Market
10.3.1 Mexico Position Sensor Market by Type
10.3.1.1.1 Mexico Position Sensor Market by Contact Type
10.3.2 Mexico Position Sensor Market by Output
10.3.3 Mexico Position Sensor Market by Application
10.3.4 Mexico Position Sensor Market by Vertical
10.4 Rest of North America Position Sensor Market
10.4.1 Rest of North America Position Sensor Market by Type
10.4.2 Rest of North America Position Sensor Market by Contact Type
10.4.3 Rest of North America Position Sensor Market by Output
10.4.4 Rest of North America Position Sensor Market by Application
10.4.5 Rest of North America Position Sensor Market by Vertical
Chapter 11. ompany Profiles
11.1 Sick AG
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.6 SWOT Analysis
11.2 Balluff GmbH
11.2.1 Company Overview
11.2.2 Recent strategies and developments:
11.2.2.1 Product Launches and Product Expansions:
11.2.3 SWOT Analysis
11.3 Honeywell International, Inc.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expenses
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.5.3 Acquisition and Mergers:
11.3.6 SWOT Analysis
11.4 NXP Semiconductors N.V.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.5.2 Product Launches and Product Expansions:
11.4.6 SWOT Analysis
11.5 STMicroelectronics N.V.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Product Launches and Product Expansions:
11.5.5.3 Acquisition and Mergers:
11.5.6 SWOT Analysis
11.6 Denso Corporation
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Recent strategies and developments:
11.6.4.1 Partnerships, Collaborations, and Agreements:
11.6.4.2 Product Launches and Product Expansions:
11.6.5 SWOT Analysis
11.7 Continental AG
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.7.6 SWOT Analysis
11.8 ZF Friedrichshafen AG
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments:
11.8.5.1 Partnerships, Collaborations, and Agreements:
11.8.5.2 Acquisition and Mergers:
11.8.6 SWOT Analysis
11.9 Infineon Technologies AG
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expense
11.9.5 Recent strategies and developments:
11.9.5.1 Partnerships, Collaborations, and Agreements:
11.9.5.2 Acquisition and Mergers:
11.9.6 SWOT Analysis
11.10. Emerson Electric Co.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Acquisition and Mergers:
11.10.6 SWOT Analysis

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