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Last Updated: Apr 26, 2025 | Study Period: 2024-2030
A gadget known as a contactless position sensor measures an object's position without making direct physical contact with it. It is intended to deliver precise and dependable position measurements across a range of applications.
The sensor determines the location of the target object using non-contact technologies including magnetic, optical, or capacitive principles.The fundamental benefit of contactless position sensors is that they don't require physical touch, which reduces wear and tear on conventional mechanical sensors.
They are thus especially well suited for uses in which dependability and lifespan are crucial. Since contactless sensors are not susceptible to mechanical failures brought on by friction or debris, they also provide greater dependability and precision.These sensors locate a target object using magnetism's basic principles.
To locate the object, they use a magnet or magnetic field and measure changes in magnetic field strength. These sensors track the location of an object using light-based technologies like infrared or laser beams. To locate the target, they gauge variations in light intensity or reflection.
Contrarily, contactless position sensors have a number of benefits. Since they don't physically touch the object being measured, they are non-intrusive, which allaies any worries about mechanical wear and enables accurate, dependable measurements over a longer lifespan.
In severe environments where physical contact sensors might malfunction, for as in dusty, corrosive, or high-vibration situations, contactless sensors can also function. Numerous industries, including automotive, aircraft, robotics, manufacturing, and consumer electronics, use contactless position sensors.
They are utilised in systems for position feedback in control systems, motor control, robotic navigation, and throttle position sensing.Overall, contactless position sensors are chosen in many industries and applications because they offer precise, dependable, and long-lasting position readings without the disadvantages of contact-based sensors.
The global contactless position sensor market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
With no need for a magnet, Renesas' contactless position sensor systems offer immunity to magnetic stray fields, which is a necessity for many applications.
The inductive position sensors interface with low-cost PCB-based coils and straightforward metallic targets, offering single-chip design flexibility for rotary on-axis (end-of-shaft) and off-axis (side-shaft or through-shaft) sensors, as well as linear and arc position sensors; from small angles up to full 360° absolute angle sensing.
In high-speed electric motors and other demanding automotive applications, the new AS5116 magnetic position sensor offers precise angle measurements.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |