According to the IMARC Group, Automotive Position sensor stands for a device which detects and converts the movement of an object from its reference position into signals. In automobiles, these sensors enable the engine control modules (ECM) to identify the position of a component and act respective to the sensor signals. Automotive position sensors offer numerous benefits in automobiles, such as precision stage positioning of equipment, machine tool monitoring, low power consumption, high feature integration, etc.
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The expanding automobile sector, coupled with the rising adoption of automotive position sensors for steering wheel positioning, automatic gear selection, throttle controlling, and managing vehicle stability, is primarily augmenting the market growth. Additionally, the growing replacement of reed and mechanical switches with these sensors in automotive shift selectors, seat positioning systems, seat belt buckle switches, etc., is also propelling the market on a global level. Apart from this, the rapid integration of position sensors with GPS-, AI-, and Internet-of-Things (IoT)-based automotive components has led to various product innovations that will continue to drive the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive position sensor market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, type, vehicle type, sales channel and application.
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Breakup by Type:
Multi-Axis
Angular
Linear
Others
Breakup by Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Breakup by Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Breakup by Application:
Clutch, Brake and Accelerator Pedals
Engine
Transmission and Suspension
Gear Shifters
Chassis
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Aptiv PLC, Continental AG, CTS Corporation, Delphi Automotive, Denso Corporation, HELLA GmbH & Co. KGaA, Infineon Technologies AG, Mitsubishi Electric Corporation, NXP Semiconductors N.V., OMRON Corporation, Robert Bosch GmbH, TE Connectivity Inc., Texas Instruments Incorporated and Vishay Intertechnology, Inc.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.