Position Sensor Market Growth Driven by Technological Advancements Across Industries
The global position sensor market is estimated to reach USD 19.02 billion in 2030 from USD 13.25 billion in 2025, at a CAGR of 7.5% during the forecast period. The market for position sensors is growing steadily due to the constantly increasing automation in various industries, especially in manufacturing and automotive industries where accurate measurement of position is necessary for controlling...