Global Inductive Position Sensors Market Growth 2023-2029

Global Inductive Position Sensors Market Growth 2023-2029

Product Code:451128

Published Date: Feb 08,2023

Pages: 111

Region: Global

Category: Electronics & Semiconductor

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Inductive Position Sensors are devices which generates output signal or electrical signal when metal objects are either inside or entering into its sensing area from any direction. The metal objects above includes iron, aluminum, brass, copper, etc with varied sensing distances. First inductive position sensor was introduced in the mid 60’s.

LPI (LP Information)' newest research report, the “Inductive Position Sensors Industry Forecast” looks at past sales and reviews total world Inductive Position Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Inductive Position Sensors sales for 2023 through 2029. With Inductive Position Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Inductive Position Sensors industry.

This Insight Report provides a comprehensive analysis of the global Inductive Position Sensors 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 Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Inductive Position Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Inductive Position Sensors 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 Sensors.

The global Inductive Position Sensors market size is projected to grow from US$ 900.4 million in 2022 to US$ 1092.5 million in 2029; it is expected to grow at a CAGR of 1092.5 from 2023 to 2029.

Ifm Electronic, PEPPERL+FUCHS, TURCK, Omron Corporation, Eaton and Baumer are the top 6 of global Inductive Position Sensors, with about 60% market shares.

The global production is concentrated in Europe and North America. Japan takes 17% share and China accounts about 14% share of the global production.

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

Market Segmentation:
Segmentation by type
    Cylinder Sensors
    Rectangular Sensors
    Ring & Slot Sensors
    Tubular Sensors

Segmentation by application
    Aerospace & Defense
    Automotive
    Industrial Manufacturing
    Food & Beverage
    Others

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 analyzing the company's coverage, product portfolio, its market penetration.
    Ifm Electronic
    PEPPERL+FUCHS
    TURCK
    Omron Corporation
    Eaton
    Baumer
    Honeywell International Inc
    Schneider Electric
    Rockwell Automation
    Balluff
    Sick AG
    Panasonic Corporation
    GARLO GAVAZZI
    Warner Electric (Altra)
    Proxitron
    Fargo Controls

Key Questions Addressed in this Report
What is the 10-year outlook for the global Inductive Position Sensors market?
What factors are driving Inductive Position Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Inductive Position Sensors market opportunities vary by end market size?
How does Inductive Position Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?