Europe Position Sensor Market – Industry Analysis and Market Forecast (2017-2024)
Europe Position Sensor Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
As the name implies, these position sensors help in detecting the position of something or an object. It means that these sensors are referenced either to or from some specific fixed point or position. These kinds of sensors help in providing a positional feedback. One special method of determining the position is to find the distance between two points like the distance traveled or the distance moved away from a fixed point, or by using angular movement. Either of the ways, position sensors helps in detecting the movement of an object within a straight line using special linear sensors or through the angular movement using Rotational Sensors.
The Position Sensor market in Europe is classified into type, contact type, output, application, industry, and geography. By type, the market is divided into rotary and linear position sensors. Based on contact type, the market comprises contact and non-contact. On the basis of output, the market includes digital and analog. Robotics, material handling, test equipment, machine tools, motion systems, and packaging are the various application areas for position sensors market. On the basis of industry, the market comprises consumer electronics, automotive, healthcare, aerospace, packaging, and manufacturing.
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Analog input devices use position sensors that are designed for highest requirements within the automotive market. Features such as long-life endurance or maybe the accuracy in output-signal give customer applications the highest performance with the possibilities of Haptic-alignment making these components perfect.
Position sensors within the automotive sector represent a huge market size both in terms of value as well as volume. Europe is seeing Graphene-enhanced ink formulations that are developed under the “GRAPHENESENS” that may help the manufacturers to cut their production cost by almost 45 % whilst increasing the overall lifetime of the product. Using graphene-based nanocomposite coatings for the development and manufacturing of novel position sensors has managed to overcome the three main disadvantages of recent sensors. It includes poor wear characteristics leading to long-term unreliability; the limited accuracy as a result of surface roughness further leading to noise; at last the high cost of production due to the usage of precious metals for manufacturing the sensor wiper. Various range sensing concerns help in detecting how near or at times how far a component or an object is from the sensing position and are also being used in the European market as proximity sensors. The total distance or range sensors use different non – contact analog techniques. It ranges from short range sensing, which is between a few millimeters to a few hundred millimeters and is carried out using the electrical capacitance, inductance or at times the magnetic technique. The longer range sensing is made using transmitted waves of energy such as radio waves, sound waves, and lasers.
Europe has companies that are keen on the development and advancement of the automotive sector, especially in the Position Sensor market. UK, Germany, France, and Russia are a few major countries that are contributing to the overall development of a Position Sensor market in Europe. Higher investments, along with a growth of advanced sensors for better monitoring of objects have boosted the Position Sensor sector in Europe.
Key Highlights:
• Europe Position Sensor market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Europe Position Sensor market
• Europe Position Sensor Market segmentation on the basis of type, contact type, output, application, industry, and geography
• Europe Position Sensor Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study
• Europe Position Sensor Market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies
• Competitive landscape of the key players operating in the Europe Position Sensor Market including competitive developments, investments, and strategic expansion
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Europe Position Sensor Market.
Some of the key players of the Europe Position Sensor market include:
• IXTHUS Instrumentation
• Positek Ltd.
• Zettlex
• Micro Epsilon
• Novotechnik
• Honeywell
• Gill Sensors & Control Design
• ASM
• Dr. Johannes Heidenhain GmbH
• Siko GmbH
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Key Target Audience:
• Position sensor manufacturers
• Raw material suppliers and distributors
• Position sensor traders/suppliers
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data centre professionals
The scope of the Europe Position Sensor Market:
The research report segments Europe Position Sensor market based on type, contact type, output, application, industry, and geography.
Europe Position Sensor Market, By Type:
• Rotary Position Sensor
• Linear Position Sensor
Europe Position Sensor Market, By Contact Type:
• Contact
• Non-contact
Europe Position Sensor Market, By Output:
• Digital
• Analog
Europe Position Sensor Market, By Application:
• Robotics
• Material Handling
• Test Equipment
• Machine Tools
• Motion Systems
• Packaging
Europe Position Sensor Market, By Industry:
• Consumer Electronics
• Automotive
• Healthcare
• Aerospace
• Packaging
• Manufacturing
Europe Position Sensor Market, By Geography:
• Europe
o UK
o Germany
o Italy
o France
o Russia
o Spain
o Others
Geographic Analysis:
• Breakdown of UK Position Sensor market
• Breakdown of Germany Position Sensor market
• Breakdown of Italy Position Sensor market
• Breakdown of France Position Sensor market
• Breakdown of Russia Position Sensor market
• Breakdown of Spain Position Sensor market
• Breakdown of Others Position Sensor market
MAJOR TOC OF THE REPORT
Chapter One: Europe Position Sensor Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Europe Position Sensor Market Competition, by Players
Chapter Four: Global Europe Position Sensor Market Size by Regions
Chapter Five: North America Europe Position Sensor Revenue by Countries
Chapter Six: Europe Europe Position Sensor Revenue by Countries
Chapter Seven: Asia-Pacific Europe Position Sensor Revenue by Countries
Chapter Eight: South America Europe Position Sensor Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Europe Position Sensor by Countries
Chapter Ten: Global Europe Position Sensor Market Segment by Type
Chapter Eleven: Global Europe Position Sensor Market Segment by Application
Chapter Twelve: Global Europe Position Sensor Market Size Forecast (2019-2026)
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