Angular Position Sensors Market Trends, Business Overview, Industry Growth and Forecast to 2028

The angular position sensors market is projected to grow from USD 4 billion in 2020 to USD 7 billion by 2028 at a CAGR of 9%. Key factors driving the growth of this market include the increasing focus of manufacturers on accurate measurements and detailed inspection, rising adoption of position sensors in the aviation & aerospace industry, and growing demand for position sensors to deploy them in modern automobiles.

 

Key Players

• Texas Instruments
• Bourns
• Allegro Microsystems
• ams
• MTS Sensor Technologies
• BEI SENSORS

 

By Type

• Linear Angular Position Sensors
• Rotary Angular Position Sensors

 

By Application

• Automotive
• Aerospace
• Electronics
• Healthcare
• Others

 

Scope of the Report

The research study analyses the Angular Position Sensors Market from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Angular Position Sensors Market  Report

• What was the Angular Position Sensors Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
• What will be the CAGR of the Angular Position Sensors Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Angular Position Sensors Market was the market leader in 2021?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.