Global Inductive Position Sensor Chip Market Growth 2025-2031

The global Inductive Position Sensor Chip market size is predicted to grow from US$ 293 million in 2025 to US$ 480 million in 2031; it is expected to grow at a CAGR of 8.6% from 2025 to 2031.

Automotive Electrification: The shift towards electric vehicles (EVs) and hybrid vehicles has increased the demand for inductive position sensor chips in applications like electric power steering (EPS), throttle position sensing, and motor control.

Autonomous Vehicles: The development of autonomous vehicles relies on accurate position sensing for steering, braking, and acceleration. Inductive position sensors play a crucial role in these applications.

Industrial Automation: The industrial sector continues to rely on position sensors for robotics, CNC machines, conveyor systems, and other automated equipment. Inductive position sensor chips provide non-contact, reliable position feedback.

LP Information, Inc. (LPI) ' newest research report, the “Inductive Position Sensor Chip Industry Forecast” looks at past sales and reviews total world Inductive Position Sensor Chip sales in 2024, providing a comprehensive analysis by region and market sector of projected Inductive Position Sensor Chip sales for 2025 through 2031. With Inductive Position Sensor Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inductive Position Sensor Chip industry.

This Insight Report provides a comprehensive analysis of the global Inductive Position Sensor Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Inductive Position Sensor Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Inductive Position Sensor Chip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inductive Position Sensor Chip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Inductive Position Sensor Chip.

This report presents a comprehensive overview, market shares, and growth opportunities of Inductive Position Sensor Chip market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Inductive Encoder IC
Inductive Resolver IC
Other

Segmentation by Application:
Automotive
Medical
Industrial Automation
Aerospace
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Renesas Electronics
Microchip
Melexis
Onsemi
CambridgeIC
AMS
POSIC
SEMIMENT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Inductive Position Sensor Chip market?

What factors are driving Inductive Position Sensor Chip market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Inductive Position Sensor Chip market opportunities vary by end market size?

How does Inductive Position Sensor Chip break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.