US Position Sensor Market Size, Share & Trends Analysis Report By Type (Rotary and Linear), By Contact Type (Non-Contact and Contact), By Output (Digital and Analog), By Application, By Vertical, and Forecast, 2023 - 2030

The United States (US) Position Sensor Market size is expected to reach $2.1 Billion by 2030, rising at a market growth of 8.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 3807.2 Thousand Units, experiencing a growth of 10.4% (2019-2022).

The position sensor market in the United States has been experiencing significant growth and evolution, driven by technological advancements, increasing demand for automation across various industries, and the rising adoption of Internet of Things (IoT) devices. One of the key drivers behind the growth of the position sensor market in the U.S. is the expanding automotive industry. As the automotive sector embraces electric and autonomous vehicles, the demand for advanced position sensing technologies has soared.

Another contributing factor is the adoption of position sensing technology in automotive applications. With the increasing integration of advanced driver assistance systems (ADAS), electric power steering, and autonomous vehicles, the demand for high-precision position sensors has surged. These sensors enable precise control of vehicle components such as throttle position, pedal position, steering angle, and transmission gear position, thereby enhancing vehicle performance, safety, and efficiency.

In terms of technology, magnetic position sensors, optical encoders, and capacitive sensors are among the widely used types in the U.S. position sensor market. The choice of sensor technology depends on factors such as accuracy requirements, environmental conditions, and cost considerations. As manufacturers continue to innovate and improve these technologies, the industry is expected to witness the introduction of more advanced and specialized position sensors tailored to specific applications. The COVID-19 pandemic significantly impacted the U.S. position sensor market, leading to disruptions in supply chains, production activities, and consumer demand.

Market Trends

Increasing adoption of digital output

The United States has witnessed a remarkable surge in the adoption of digital output technology within the position sensor market, reflecting a transformative shift in various industries. One key driver behind the increasing adoption of digital output in position sensors is the relentless pursuit of enhanced precision and reliability. Digital output technology offers superior accuracy compared to traditional analog alternatives, making it particularly attractive in applications where precise positioning is critical. Industries such as aerospace, automotive manufacturing, and robotics in the U.S. are embracing this technology to elevate the efficiency and performance of their systems.

The demand for real-time data and seamless integration with advanced control systems has further propelled the shift towards digital output in position sensors. With the ongoing Industry 4.0 revolution, where connectivity and data exchange are paramount, digital output sensors facilitate the seamless flow of information, enabling smarter decision-making processes. This is especially evident in the U.S. manufacturing sector, where the Industrial Internet of Things (IIoT) is becoming increasingly ingrained.

Moreover, the U.S. automotive industry is a significant contributor to the surge in digital output adoption. The integration of position sensors with advanced driver assistance systems (ADAS) and autonomous vehicles requires precise and instantaneous data, making digital output sensors the preferred choice.

According to Select US, the U.S. automotive industry substantially grew in 2020, with international automakers successfully producing 5 million vehicles. Furthermore, the sector experienced a noteworthy influx of foreign direct investment, reaching $143.3 billion in 2019. The expansion of this industry extended beyond domestic borders, as the United States exported 1.4 million new light vehicles and 108,754 medium and heavy trucks in 2020, with a combined value exceeding $52 billion. Additionally, automotive parts valued at $66.7 billion were exported to over 200 industries worldwide. This robust performance reflects the flourishing position sensor market within the U.S. automotive sector, showcasing its significant contribution to both domestic and global economic landscapes.

As industries in the U.S. continue to prioritize efficiency, automation, and connectivity, the adoption of digital output technology in position sensors is expected to maintain its upward trajectory. Thus, the surge in digital output adoption in U.S. position sensors, driven by the pursuit of precision and Industry 4.0 demands, is notably pronounced in industries like aerospace, automotive, and robotics, showcasing its pivotal role in advancing efficiency and connectivity.

Rising demand for linear position sensors

The United States is witnessing a significant surge in the demand for linear position sensors, thereby reshaping the landscape of the position sensor market. The rising emphasis on smart manufacturing and Industry 4.0 initiatives has propelled the integration of advanced sensing technologies, including linear position sensors in the U.S. The aerospace and defense industry in the U.S. is also a major contributor to the increased uptake of linear position sensors. These sensors find applications in critical areas such as aircraft control systems, where accuracy and reliability are paramount for ensuring the safety and functionality of aerospace equipment.

According to the International Trade Administration, the U.S. aerospace sector continues to produce the highest trade balance ($77.6 billion in 2019) and the second-highest level of exports ($148 billion) among all manufacturing industries. The growing prevalence of linear position sensors in the U.S. position sensor market reflects a notable trend.

The growing trend of electric mobility and the development of charging infrastructure for electric vehicles in the U.S. are additional factors contributing to the increased adoption of linear position sensors. Furthermore, the U.S. agricultural sector is undergoing a technological transformation, often called AgTech. Linear position sensors are crucial in modern agricultural machinery, enabling precision farming techniques. These sensors contribute to the accuracy of seed placement, crop monitoring, and other agricultural processes in the U.S., thereby optimizing resource utilization and increasing overall efficiency in the farming sector.

According to the U.S. Department of Agriculture, in 2021, the agriculture, food, and associated industries played a significant role in the U.S. economy, contributing approximately $1.264 trillion to the gross domestic product (GDP), representing a 5.4% share. Notably, the output from American farms alone accounted for $164.7 billion, comprising around 0.7% of the total U.S. GDP. The growing prevalence of linear position sensors in the U.S. position sensor market is transforming the landscape by providing enhanced accuracy and efficiency. This adoption parallels the intricate interdependencies within the agriculture sector, where various components work cohesively to contribute to the overall economic output.

The U.S. government's focus on infrastructure development, including smart cities and transportation systems, is another driver for the rising adoption of linear position sensors. Hence, the surge in linear position sensor adoption in the United States is driven by the convergence of factors such as Industry 4.0 initiatives, aerospace and defense applications, and the government's emphasis on infrastructure development in smart cities and transportation systems.

Competition Analysis

The position sensor market in the United States has been witnessing significant growth, driven by the increasing demand for automation and the integration of position sensing technology across various industries. One prominent player in the U.S. position sensor market is Honeywell International Inc. The company has a strong presence in manufacturing a wide range of sensors, including position sensors, which find applications in the aerospace, automotive, and industrial sectors. Honeywell's position sensors are known for their accuracy and reliability, making them crucial components in advanced control systems.

Curtiss-Wright Corporation is another notable participant in the U.S. position sensor market, particularly in the aerospace and defense sectors. The company's position sensors are crucial in mission-critical applications, providing accurate and reliable data for aircraft and military systems. Curtiss-Wright's expertise in rugged and reliable position sensing technology has positioned it as a trusted supplier in these demanding industries.

Another major contributor is T.E. Connectivity Ltd., a global technology company with a diverse product portfolio. T.E. Connectivity offers a variety of position sensing solutions tailored for different applications, such as automotive, industrial, and medical. With a commitment to innovation, T.E. Connectivity continues to play a pivotal role in shaping the landscape of position sensing technology in the U.S.

Allegro MicroSystems, LLC, is a key player specializing in developing high-performance position sensors. The company focuses on providing innovative solutions for automotive and industrial applications. Allegro's sensors are designed to meet the stringent requirements of modern systems, contributing to the overall efficiency and performance of various devices and machines.

Infineon Technologies AG, a semiconductor manufacturing company, is making significant strides in the U.S. position sensor market. With a focus on automotive and industrial applications, Infineon's sensors contribute to developing smart and connected systems. The company's technological advancements in sensor solutions cater to the growing demand for precise and reliable position sensing. As these companies continue to invest in research and development, the U.S. position sensor market will likely witness sustained expansion and evolution in the coming years.

List of Key Companies Profiled

• Sick AG
• Balluff GmbH
• Honeywell International, Inc.
• NXP Semiconductors N.V.
• STMicroelectronics N.V.
• Denso Corporation
• Continental AG
• ZF Friedrichshafen AG
• Infineon Technologies AG
• Emerson Electric Co.

US Position Sensor Market Report Segmentation

By Type

• Rotary
• Linear

By Contact Type

• Non-Contact
• Contact

By Output

• Digital
• Analog

By Application

• Machine Tools
• Robotics
• Motion Systems
• Material Handling
• Test Equipment
• Others

By Vertical

• Manufacturing
• Packaging
• Automotive
• Electronics
• Aerospace
• Healthcare & Lifesciences
• Others

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 US Position Sensor Market, by Type
1.4.2 US Position Sensor Market, by Contact Type
1.4.3 US Position Sensor Market, by Output
1.4.4 US Position Sensor Market, by Application
1.4.5 US Position Sensor Market, by Vertical
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Opportunities
2.2.4 Market Challenges
2.2.5 Market Trends

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2022
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jan – 2023, Oct) Leading Players
3.5 Porter’s Five Forces Analysis

Chapter 4. US Position Sensor Market
4.1 US Position Sensor Market by Type
4.2 US Position Sensor Market by Contact Type
4.3 US Position Sensor Market by Output
4.4 US Position Sensor Market by Application
4.5 US Position Sensor Market by Vertical

Chapter 5. Company Profiles – Global Leaders
5.1 Sick AG
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.1.5 Recent strategies and developments:
5.1.5.1 Partnerships, Collaborations, and Agreements:
5.1.5.2 Product Launches and Product Expansions:
5.1.6 SWOT Analysis
5.2 Balluff GmbH
5.2.1 Company Overview
5.2.2 Recent strategies and developments:
5.2.2.1 Product Launches and Product Expansions:
5.2.3 SWOT Analysis
5.3 Honeywell International, Inc.
5.3.1 Company Overview
5.3.2 Financial Analysis
5.3.3 Segmental and Regional Analysis
5.3.4 Research & Development Expenses
5.3.5 Recent strategies and developments:
5.3.5.1 Partnerships, Collaborations, and Agreements:
5.3.5.2 Product Launches and Product Expansions:
5.3.5.3 Acquisition and Mergers:
5.3.6 SWOT Analysis
5.4 NXP Semiconductors N.V.
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Regional Analysis
5.4.4 Research & Development Expense
5.4.5 Recent strategies and developments:
5.4.5.1 Partnerships, Collaborations, and Agreements:
5.4.5.2 Product Launches and Product Expansions:
5.4.6 SWOT Analysis
5.5 STMicroelectronics N.V.
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Segmental and Regional Analysis
5.5.4 Research & Development Expense
5.5.5 Recent strategies and developments:
5.5.5.1 Partnerships, Collaborations, and Agreements:
5.5.5.2 Product Launches and Product Expansions:
5.5.5.3 Acquisition and Mergers:
5.5.6 SWOT Analysis
5.6 Denso Corporation
5.6.1 Company Overview
5.6.2 Financial Analysis
5.6.3 Regional Analysis
5.6.4 Recent strategies and developments:
5.6.4.1 Partnerships, Collaborations, and Agreements:
5.6.4.2 Product Launches and Product Expansions:
5.6.5 SWOT Analysis
5.7 Continental AG
5.7.1 Company Overview
5.7.2 Financial Analysis
5.7.3 Segmental and Regional Analysis
5.7.4 Research & Development Expense
5.7.5 Recent strategies and developments:
5.7.5.1 Partnerships, Collaborations, and Agreements:
5.7.6 SWOT Analysis
5.8 ZF Friedrichshafen AG
5.8.1 Company Overview
5.8.2 Financial Analysis
5.8.3 Regional Analysis
5.8.4 Research & Development Expenses
5.8.5 Recent strategies and developments:
5.8.5.1 Partnerships, Collaborations, and Agreements:
5.8.5.2 Acquisition and Mergers:
5.8.6 SWOT Analysis
5.9 Infineon Technologies AG
5.9.1 Company Overview
5.9.2 Financial Analysis
5.9.3 Segmental and Regional Analysis
5.9.4 Research & Development Expense
5.9.5 Recent strategies and developments:
5.9.5.1 Partnerships, Collaborations, and Agreements:
5.9.5.2 Acquisition and Mergers:
5.9.6 SWOT Analysis
5.10. Emerson Electric Co.
5.10.1 Company Overview
5.10.2 Financial Analysis
5.10.3 Segmental and Regional Analysis
5.10.4 Research & Development Expense
5.10.5 Recent strategies and developments:
5.10.5.1 Acquisition and Mergers:
5.10.6 SWOT Analysis

TABLE 1 US Position Sensor Market, 2019 - 2022, USD Million
TABLE 2 US Position Sensor Market, 2023 - 2030, USD Million
TABLE 3 US Position Sensor Market, 2019 - 2022, Thousand Units
TABLE 4 US Position Sensor Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements– Position Sensor Market
TABLE 6 Product Launches And Product Expansions– Position Sensor Market
TABLE 7 Acquisition and Mergers– Position Sensor Market
TABLE 8 US Position Sensor Market by Type, 2019 - 2022, USD Million
TABLE 9 US Position Sensor Market by Type, 2023 - 2030, USD Million
TABLE 10 US Position Sensor Market by Type, 2019 - 2022, Thousand Units
TABLE 11 US Position Sensor Market by Type, 2023 - 2030, Thousand Units
TABLE 12 US Position Sensor Market by Contact Type, 2019 - 2022, USD Million
TABLE 13 US Position Sensor Market by Contact Type, 2023 - 2030, USD Million
TABLE 14 US Position Sensor Market by Contact Type, 2019 - 2022, Thousand Units
TABLE 15 US Position Sensor Market by Contact Type, 2023 - 2030, Thousand Units
TABLE 16 US Position Sensor Market by Output, 2019 - 2022, USD Million
TABLE 17 US Position Sensor Market by Output, 2023 - 2030, USD Million
TABLE 18 US Position Sensor Market by Output, 2019 - 2022, Thousand Units
TABLE 19 US Position Sensor Market by Output, 2023 - 2030, Thousand Units
TABLE 20 US Position Sensor Market by Application, 2019 - 2022, USD Million
TABLE 21 US Position Sensor Market by Application, 2023 - 2030, USD Million
TABLE 22 US Position Sensor Market by Application, 2019 - 2022, Thousand Units
TABLE 23 US Position Sensor Market by Application, 2023 - 2030, Thousand Units
TABLE 24 US Position Sensor Market by Vertical, 2019 - 2022, USD Million
TABLE 25 US Position Sensor Market by Vertical, 2023 - 2030, USD Million
TABLE 26 US Position Sensor Market by Vertical, 2019 - 2022, Thousand Units
TABLE 27 US Position Sensor Market by Vertical, 2023 - 2030, Thousand Units
TABLE 28 Key Information – Sick AG
TABLE 29 Key Information – Balluff GmbH
TABLE 30 Key Information – Honeywell International, Inc.
TABLE 31 Key Information – NXP Semiconductors N.V.
TABLE 32 Key Information – STMicroelectronics N.V.
TABLE 33 Key Information – Denso Corporation
TABLE 34 Key Information – Continental AG
TABLE 35 Key Information – ZF Friedrichshafen AG
TABLE 36 Key Information – Infineon Technologies AG
TABLE 37 Key Information – Emerson Electric Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 US Position Sensor Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Position Sensor Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jan – 2023, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis - Position Sensor Market
FIG 9 US Position Sensor Market share by Type, 2022
FIG 10 US Position Sensor Market share by Type, 2030
FIG 11 US Position Sensor Market by Type, 2019 - 2030, USD Million
FIG 12 US Position Sensor Market share by Contact Type, 2022
FIG 13 US Position Sensor Market share by Contact Type, 2030
FIG 14 US Position Sensor Market by Contact Type, 2019 - 2030, USD Million
FIG 15 US Position Sensor Market share by Output, 2022
FIG 16 US Position Sensor Market share by Output, 2030
FIG 17 US Position Sensor Market by Output, 2019 - 2030, USD Million
FIG 18 US Position Sensor Market share by Application, 2022
FIG 19 US Position Sensor Market share by Application, 2030
FIG 20 US Position Sensor Market by Application, 2019 - 2030, USD Million
FIG 21 US Position Sensor Market share by Vertical, 2022
FIG 22 US Position Sensor Market share by Vertical, 2030
FIG 23 US Position Sensor Market by Vertical, 2019 - 2030, USD Million
FIG 24 SWOT Analysis: Sick AG
FIG 25 SWOT Analysis: BALLUFF GMBH
FIG 26 Recent strategies and developments: Honeywell International, Inc.
FIG 27 Swot analysis: Honeywell international, inc.
FIG 28 Recent strategies and developments: NXP Semiconductors N.V.
FIG 29 SWOT Analysis: NXP Semiconductors N.V.
FIG 30 Recent strategies and developments: STMicroelectronics N.V.
FIG 31 SWOT Analysis: STMicroelectronics N.V.
FIG 32 SWOT Analysis: Denso Corporation
FIG 33 SWOT Analysis: Continental AG
FIG 34 Recent strategies and developments: ZF Friedrichshafen AG
FIG 35 Swot Analysis: ZF Friedrichshafen AG
FIG 36 Recent strategies and developments: Infineon Technologies AG
FIG 37 SWOT Analysis: Infineon Technologies AG
FIG 38 Swot Analysis: EMERSON ELECTRIC CO.