Automotive Linear Position Sensors Market Growth Size [2031]
Automotive Linear Position Sensors Market Growth Size [2031]
Segments - Automotive Linear Position Sensors Market by Vehicle Type (Mid End, Low-end, High-end, and Electric), End-user (Commercial Vehicles, Passenger Cars, and Others), Application (Chassis, Power Train, Safety & Security, Body Electronics, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-5997
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Report Description
Automotive Linear Position Sensors Market Outlook 2031
The global automotive linear position sensors market size was valued at USD XX billion in 2022 and is likely to reach USD XX billion by 2031, expanding at a CAGR of XX% during 2022 – 2031. The growth of the market is attributed to the growing demand for advanced automotive components and sensors.
Increasing number of road accidents increased safety concerns among both drivers and passengers, which propels the demand for automotive linear position sensors. These sensors provide accurate information about the position or movement of essential components in a vehicle, such as pedals and gear shifts. The precision of this data contributes to the overall efficiency and responsiveness of the vehicle for enhanced safety.
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According to the report published by the World Health Organization (WHO) on June 20, 2022, around 1.3 million people die every year, due to road accidents. Moreover, road accidents are the key cause of death of young and children aged between 5-29 years.
Automotive linear position sensors are devices utilized in vehicles to measure the linear displacement or position of certain components, such as pedals, throttles, or gear shifts. These sensors are important for translating physical movements into electrical signals, which then be interpreted by the control systems of vehicles.
The common type of position sensor is the potentiometric sensor, which is responsible for operating on the principle of varying electrical resistance, as the internal wiper of the sensor moves along a resistive element. Additionally, these sensors assist in the implementation of advanced safety features, such as electronic stability control and adaptive cruise control.
The research reports find that the COVID-19 pandemic hindered the market. The disruptions in the global supply chain, with fluctuations in demand led to notable challenges for several industries. Many automotive manufacturers faced production slowdowns or temporary halts, impacting the overall demand for components, including linear position sensors. Additionally, the economic uncertainties and reduced consumer spending during the pandemic have reduced vehicle sales, which significantly affected the market.
Impact of Artificial Intelligence (AI) on Automotive Linear Position Sensors Market
Emergence of artificial intelligence is expected to propel the market. AI technologies are enhancing the capabilities of these sensors, allowing for sophisticated and precise data processing. This advancement contributes to improved vehicle performance, safety features, and overall operational efficiency. Additionally, AI-driven predictive maintenance models use data from these sensors to anticipate and address potential issues before they escalate.
Automotive Linear Position Sensors Market Dynamics
Major Drivers
Rapid expansion of the automotive industry is expected to drive the market during the forecast period. The rising demand for advanced vehicles necessitates technologies, including linear position sensors.
These sensors provide accurate real-time data about the position of critical components, contributing to a sophisticated driving experience. Additionally, the increasing adoption of electric vehicles is further boosting the demand for automotive position linear sensors for the seamless operation of electric powertrains and optimizing performance.
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As per the report published by the International Energy Agency on July 11, 2023, the total electric vehicle sales tripled in three years from around 4% in 2020 to 14% in 2022. Furthermore, the report stated that around 2.3 million EVs are being sold during the first quarter of 2023.
Existing Restraints
High costs associated with these sensors are expected to hinder the market growth. The integration of advanced automotive sensor technologies into vehicles often involves additional manufacturing costs.
This leads to concerns about affordability, particularly in markets where consumers are sensitive to pricing. Moreover, the complexities involved in the automotive supply chain pose challenges for manufacturers and affect market growth.
Emerging Opportunities
Ongoing trend of vehicle connectivity and the rising adoption of smart technologies in vehicles are expected to create immense opportunities for the players competing in the market. The integration of linear position sensors into connected vehicles facilitates real-time data transmission, enabling dynamic adjustments based on the position of critical components.
This connectivity enhances the overall responsiveness and adaptability of vehicles. Moreover, the advancement in autonomous driving technologies and the widespread adoption of advanced driver assistance systems (ADAS) further propels the automotive linear position sensors market.
Scope of the Automotive Linear Position Sensors Market Report
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Automotive Linear Position Sensors Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Vehicle Type (Mid End, Low-end, High-end, and Electric), End-user (Commercial Vehicles, Passenger Cars, and Others), and Application (Chassis, Power Train, Safety & Security, Body Electronics, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Continental AG; CTS; DENSO CORPORATION; HELLA GmbH & Co. KGaA; Mitsubishi Electric Corporation; NXP Semiconductors; Robert Bosch GmbH; Sensata Technologies Inc.; Vishay Intertechnology, Inc; and ZF Friedrichshafen AG |
Automotive Linear Position Sensors Market Segment Insights
Vehicle Type Segment Analysis
Based on vehicle type, the automotive linear position sensors market is divided into mid end, low-end, high-end, and electric. The electric segment is expected to expand at a significant CAGR during the forecast period, due to the high dependability of EVs on position sensors. These types of vehicles require accurate information about the position of components, including throttles, gear shifts, and pedals.
These sensors provide information for the effective functioning of engine management, transmission, and safety features. Moreover, the increasing adoption of linear position sensors in manufacturing advanced electric passenger cars, with the rising adoption of EVs boosts the market.
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According to the report published on August 31, 2023, around 10.2 million units of electric vehicles have been sold in 2022.
End-user Segment Analysis
On the basis of End-user, the market is classified as commercial vehicles, passenger cars, and others. The passenger cars segment is anticipated to register robust growth during the projected period, as these sensors are utilized for enhancing the performance, safety, and overall driving experience in passenger vehicles.
Passenger cars increasingly incorporate advanced driver assistance systems (ADAS) for improved safety. However, linear position sensors monitor the position of components related to safety features in ADAS, such as adaptive cruise control and electronic stability control, contributing to accident prevention and mitigation.
The commercial vehicles segment is projected to register a considerable CAGR in the coming years, as these types of vehicles, such as trucks and buses, are essential for global logistics and transportation networks.
Linear position sensors contribute to the precise monitoring of critical components, ensuring that these vehicles operate with optimal efficiency. This precision further helps to meet the fuel efficiency and overall vehicle performance, which significantly impacts operational costs. Furthermore, the durability and ruggedness of these sensors make them well-suited for commercial vehicles and contribute to market growth.
Application Segment Analysis
In terms of application, the automotive linear position sensors market is fragmented into chassis, power train, safety & security, body electronics, and others. The power train segment is expected to hold a key market share during the forecast period, owing to their high demand for improved vehicle performance and the stringent regulations governing emissions and fuel efficiency.
Linear position sensors help to meet these requirements by providing the necessary data for intelligent control systems, optimizing powertrain operation, and contributing to the reduction of environmental impact. Moreover, the increasing adoption of electric powertrains in vehicles propels the market.
Regional Outlook
In terms of region, the global automotive linear position sensors market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market in the coming years, due to the ongoing technological research and development (R&D) activities in the automotive industry in America.
The presence of technology-driven companies and ongoing innovations boosted the adoption of advanced automotive technologies, including linear position sensors, in the region. Moreover, the strong emphasis on safety and environmental standards within the automotive industry fuels the market.
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the increasing automotive industry in emerging countries, including China, India, and Japan. This, in turn, influences the demand for advanced linear position sensor technologies for enhancing vehicle performance and safety.
Segments
The global automotive linear position sensors market has been segmented on the basis of
Vehicle Type
- Mid End
- Low-end
- High-end
- Electric
End-user
- Commercial Vehicles
- Passenger Cars
- Others
Application
- Chassis
- Power Train
- Safety & Security
- Body Electronics
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Continental AG
- CTS
- DENSO CORPORATION
- HELLA GmbH & Co. KGaA
- Mitsubishi Electric Corporation
- NXP Semiconductors
- Robert Bosch GmbH
- Sensata Technologies Inc.
- Vishay Intertechnology, Inc
- ZF Friedrichshafen AG
Competitive Landscape
Key players competing in the global automotive linear position sensors market are Continental AG; CTS; DENSO CORPORATION; HELLA GmbH & Co. KGaA; Mitsubishi Electric Corporation; NXP Semiconductors; Robert Bosch GmbH; Sensata Technologies Inc.; Vishay Intertechnology, Inc; and ZF Friedrichshafen AG
These players are boosting their market share by implementing various strategies, such as forming strategic partnerships, pursuing mergers and acquisitions, streamlining production costs, introducing innovative product lines, and integrating cutting-edge technologies.
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On April 20, 2022, Vishay Intertechnology, Inc, a key manufacturer of electric components, announced the launch of its new tiny position sensors with a 12.7 mm outer diameter that has the capability to deliver higher accuracy and resolution than competing devices of the same sizes. These new sensors offer high durability and reliability for the harsh operating environment, especially useful for military and industrial applications.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Linear Position Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Linear Position Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Linear Position Sensors Market - Supply Chain
4.5. Global Automotive Linear Position Sensors Market Forecast
4.5.1. Automotive Linear Position Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Linear Position Sensors Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Linear Position Sensors Market Absolute $ Opportunity
5. Global Automotive Linear Position Sensors Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
5.3.1. Chassis
5.3.2. Power Train
5.3.3. Safety & Security
5.3.4. Body Electronics
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Linear Position Sensors Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
6.3.1. Commercial Vehicles
6.3.2. Passenger Cars
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Automotive Linear Position Sensors Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Automotive Linear Position Sensors Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
8. North America Automotive Linear Position Sensors Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Automotive Linear Position Sensors Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
8.4.1. Chassis
8.4.2. Power Train
8.4.3. Safety & Security
8.4.4. Body Electronics
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
8.7.1. Commercial Vehicles
8.7.2. Passenger Cars
8.7.3. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
9. Latin America Automotive Linear Position Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Automotive Linear Position Sensors Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
9.4.1. Chassis
9.4.2. Power Train
9.4.3. Safety & Security
9.4.4. Body Electronics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
9.7.1. Commercial Vehicles
9.7.2. Passenger Cars
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
10. Europe Automotive Linear Position Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Automotive Linear Position Sensors Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
10.4.1. Chassis
10.4.2. Power Train
10.4.3. Safety & Security
10.4.4. Body Electronics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
10.7.1. Commercial Vehicles
10.7.2. Passenger Cars
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
11. Asia Pacific Automotive Linear Position Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Automotive Linear Position Sensors Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
11.4.1. Chassis
11.4.2. Power Train
11.4.3. Safety & Security
11.4.4. Body Electronics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
11.7.1. Commercial Vehicles
11.7.2. Passenger Cars
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
12. Middle East & Africa Automotive Linear Position Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Automotive Linear Position Sensors Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Automotive Linear Position Sensors Market Size and Volume Forecast by Applications
12.4.1. Chassis
12.4.2. Power Train
12.4.3. Safety & Security
12.4.4. Body Electronics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Automotive Linear Position Sensors Market Size and Volume Forecast by End Users
12.7.1. Commercial Vehicles
12.7.2. Passenger Cars
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Automotive Linear Position Sensors Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Automotive Linear Position Sensors Market: Market Share Analysis
13.2. Automotive Linear Position Sensors Distributors and Customers
13.3. Automotive Linear Position Sensors Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Continental AG
13.4.2. CTS
13.4.3. DENSO CORPORATION
13.4.4. HELLA GmbH & Co. KGaA
13.4.5. Mitsubishi Electric Corporation
13.4.6. NXP Semiconductors
13.4.7. Robert Bosch GmbH
13.4.8. Sensata Technologies Inc.
13.4.9. Vishay Intertechnology, Inc
13.4.10. ZF Friedrichshafen AG
Methodology
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