Linear Position Sensor Market is expected to grow from 2016 to 2022, at a CAGR 5.8%.
The Linear Position (Displacement) Sensor market for automotive applications covers the technology, application and geography segments with focus on the automotive and industrial/manufacturing application segments.
The competitive information in this report includes the market size, key developments, and core strategies deployed to win in the race, mergers & acquisitions, new product developments, collaborations, and JVs of key manufacturers along with their company profiles. The application segment comprises of automotive applications and industrial/manufacturing, mat installation and other heating cable installation methods.The automotive applications include lighting, EPS (Electric Power Assisted Steering), throttle position sensing and other automotive applications.
The growth of the linear position sensors market is driven by the factors such as,
• Government regulations for safety
• Driver assistance
• Increase in vehicle electrification
• Convenience and comfort
Linear position sensors are widely used in industrial applications such as machine tools, material handling, test equipment, motion systems and robotics. Asia-Pacific region has emerged as a big manufacturing hub in the world and holds the largest share in-terms of market size for linear position sensors