Connect with us

Technology

Motor & Motor-Drive Sensors Market worth $5.47 billion by 2035 – Exclusive Report by MarketsandMarkets™

Published

on

DELRAY BEACH, Fla., Oct. 23, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Motor & Motor-Drive Sensors Market is projected to be valued at USD 3.21 billion in 2026 and USD 5.47 billion by 2035, exhibiting a CAGR of 6.1% during the forecast period.

Browse 150 market data Tables and 60 Figures spread through 280 Pages and in-depth TOC on ” Motor & Motor-Drive Sensors Market – Global Forecast to 2035″

Motor & Motor-Drive Sensors Market Size & Forecast:

Market Size Available for Years: 2021–20352026 Market Size: USD 3.21 billion2035 Projected Market Size: USD 5.47 billionCAGR (2026–2035): 6.1%

Motor & Motor-Drive Sensors Market Trends & Insights:

The motor and motor-drive sensors market is witnessing steady growth, driven by increasing industrial automation, rising demand for energy-efficient motor systems, and accelerating electrification across automotive and industrial applications. The growing emphasis on reducing energy consumption and improving equipment productivity is driving adoption of advanced motor-control and monitoring solutions. In addition, the increasing use of predictive maintenance and real-time equipment monitoring is creating greater demand for sensing capabilities across motor-driven assets. Rising investments in smart manufacturing, electric mobility, and automated equipment are further supporting the expansion of the market.By Region, Asia Pacific is expected to register the highest CAGR of 7.7% during the forecast period.By type, Position sensors are expected to hold the largest share of 28.6% of the overall market in 2025.BY Industry, Industrial automation is expected to hold the largest market share of 32.3% in 2025, driven by the widespread deployment of motors, servo systems, variable-speed drives, robotics, and automated machinery requiring precise sensing for motion control, efficiency optimization, and equipment monitoring.By Sensing Type, Non-contact sensors are expected to capture the largest market share and register the highest CAGR of 6.8% during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23549197

The motor and motor-drive sensors industry is expected to grow as motor-driven equipment increasingly shifts toward electrified, automated, and digitally controlled architectures. The expansion of variable-speed drives, servo systems, electric vehicles, and high-efficiency motors is increasing the need for real-time sensing to optimize motor performance and energy consumption. At the same time, the growing adoption of condition monitoring and predictive maintenance is expanding sensor use beyond basic control and protection toward continuous equipment health monitoring. Increasing integration of sensing with motor-control electronics is further supporting demand for compact, reliable, and application-specific sensor solutions. 

Current sensors segment projected to record highest CAGR during forecast period

The current sensors segment is expected to record the highest CAGR during the forecast period, supported by its role in motor control, protection, and energy management. Variable-frequency drives, inverter-based systems, electric vehicles, servo motors, and industrial automation equipment require current feedback to control motor operation and detect overload or fault conditions. Demand is also supported by the shift toward high-efficiency motor systems, where accurate current measurement helps optimize power consumption and motor performance. The growing use of closed-loop control in industrial and automotive applications is creating further demand for compact and high-accuracy current sensors.

Magnetic sensing technologies segment accounted for largest share of the motor & motor-drive sensors market in 2026

Magnetic sensing technologies are expected to dominate the overall market, owing to their wide use in current, position, and speed sensing applications. Hall-effect and other magnetic sensors provide non-contact measurement and can operate reliably in compact motor assemblies exposed to vibration, temperature variations, and electromagnetic conditions. These technologies are widely suited to BLDC and PMSM motors, industrial drives, electric vehicles, robotics, and servo systems. Their established use across multiple motor architectures, combined with the growing adoption of electronically controlled motors, supports the growing adoption of magnetic sensing technologies in the market.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=23549197

Asia Pacific to account for largest share of motor & motor-drive sensors market during forecast period

Asia Pacific is estimated to account for the largest share of the motor and motor-drive sensors market during the forecast period. The region benefits from a strong manufacturing base for motors, automotive systems, industrial equipment, electronics, and robotics, creating a broad application base for current, position, speed, temperature, and torque sensors. China, Japan, South Korea, and India are investing in factory automation, electric mobility, robotics, and energy-efficient equipment, supporting demand for sensor-enabled motor and drive systems. The presence of major motor, semiconductor, and sensor manufacturers across the region further supports the market growth.

Investment and funding in the Asia Pacific motor and motor-drive sensor ecosystem are being directed toward precision sensing for robotics, industrial automation, and electric mobility. In August 2026, Wuxi Gongwang Sensing Technology, a China-based developer of inductive sensors and encoders, raised approximately USD 15 million (RMB 100 million) in Series A funding, led by NIO Capital, with participation from Xiamen Tungsten Industry Fund, Sungrow Industrial Fund, Jiayi Venture Capital, Zeran Capital, and Dawu Venture Capital. The funding will be used to accelerate the large-scale deployment of inductive encoders in robotics and high-precision manufacturing.

Mergers and acquisitions are also contributing to the expansion of sensing portfolios in the region, particularly across magnetic sensing and motion-control applications. In January 2026, Maxic Technology, a China-based analog and mixed-signal semiconductor company, completed its acquisition of Shanghai GoChip Microelectronics, a magnetic sensor company. The acquisition expanded Maxic’s portfolio to include Hall switches, linear Hall sensors, joint-position magnetic encoders, and current sensors, with applications spanning electric vehicles, industrial automation, energy storage, and robotics.

Key Players

Key companies operating in the motor & motor-drive sensors companies include TDK Corporation (Japan), TE Connectivity (Ireland), Infineon Technologies AG (Germany), Texas Instruments Incorporated (US), Allegro MicroSystems, Inc. (US), Melexis (Belgium), LEM Sensors (Switzerland), maxon (Switzerland), Robert Bosch GmbH (Germany),  Nidec Corporation (Japan), TAMAGAWA SEIKI CO., LTD. (Japan), Asahi Kasei Microdevices Corporation (Japan), ABB (Switzerland), Mitsubishi Electric Corporation (Japan), and Schneider Electric (France), among others. These companies provide current, position, speed, temperature, torque, and other sensing solutions for motor control, drive systems, motion control, industrial automation, automotive, robotics, and electrification applications.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=23549197

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

See More Latest Semiconductor Reports:

Position Sensor Market Size, Share and Trends by Type (Linear, Rotary, Proximity, Photoelectric, 3D Sensor), Signal ( Digital, Analog), Technology (Capacitive, Inductive, Optical, Magnetic, Ultrasonic) – Global Forecast to 2032

Current Sensor Market by Current Sensing Method, Loop Type, Offering, Technology, Mounting Type, Measurement Range, Output Type, Application, & Region – Global Forecast to 2032

About MarketsandMarkets™  

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/motor-motor-drive-sensors-companies.asp 
Content Source: https://www.marketsandmarkets.com/PressReleases/motor-motor-drive-sensors.asp 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/motor–motor-drive-sensors-market-worth-5-47-billion-by-2035—exclusive-report-by-marketsandmarkets-302917992.html

Continue Reading

Technology

KarbunWise Introduces Fast, Cost-Effective LCA Platform for the LEED v5 Era at Greenbuild 2026 in New York

Published

on

By

NEW YORK  , Oct. 23, 2026 /PRNewswire/ — As global property developers, architects, and manufacturers face rigorous new green building standards and cross-border carbon scrutiny, KarbunWise, an enterprise climate technology and advisory firm, announced its formal participation in the Greenbuild International Conference + Expo 2026 in New York City.

Exhibiting under this year’s Greenbuild theme, “Invest for Impact,” KarbunWise has launched a modern, cost-effective software to enable real estate developers, AEC (Architecture, Engineering, and Construction) firms, and industrial manufacturers to automate complex Life Cycle Assessments (LCA) and Environmental Product Declarations (EPDs) with verifiable, audit-grade accuracy.

With the rollout of LEED v5, Whole-Building Life Cycle Assessments (WBLCA) and embodied carbon tracking have evolved from optional bonus credits into non-negotiable prerequisites. This is likely to scale the adoption of LCAs, and KarbunWise offers an alternative to legacy incumbent players that are expensive and not customer-centric. KarbunWise’s product translates Building Information Modeling (BIM) data and factory-floor inputs directly into submission-ready WBLCA models (aligned with MRp2 and MRc2 credits).

Representing KarbunWise at the Jacob K. Javits Convention Center were the founders, Arjun Vijayaragavan and Divya Sukumar. “For years, carbon accounting and life cycle assessments were treated as passive, check-the-box exercises. Today, with LEED v5 mandating embodied carbon baselines and global supply chains enforcing strict transparency, carbon data has become commercial infrastructure. Bringing our platform to North America at Greenbuild marks a pivotal step in our mission to make sustainability data as trusted and audit-ready as financial data for 10,000 enterprises worldwide.” said Arjun Vijayaragavan, Founder & CEO of KarbunWise.

To accelerate adoption across US project teams, KarbunWise also announced a major Greenbuild show initiative: free first-year platform access for qualifying architecture firms, consultants, and developers visiting Booth #1044 during expo, backed by continuous 24/7 technical support from certified LCA practitioners.

Already trusted by more than 100 organisations across the UK, Middle East, and India, including listed conglomerates, leading bedding manufacturers, and global infrastructure contractors, KarbunWise’s platform connects over 200,000 verified LCA datapoints across international databases, including USLCI, Ecoinvent, and ÖKOBAUDAT.

About KarbunWise:

Founded in 2023, KarbunWise is an enterprise climate technology and advisory firm building the trust layer for global sustainability. The company combines an integrated, cloud-based software platform with deep consulting expertise to transform complex carbon and ESG data into audit-ready proof for regulators, enterprise buyers, and investors.

Mediacontact-
team@karbunwise.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/karbunwise-introduces-fast-cost-effective-lca-platform-for-the-leed-v5-era-at-greenbuild-2026-in-new-york-302918347.html

SOURCE KarbunWise

Continue Reading

Technology

Curios Launches Video-on-Demand Tools for Filmmakers as Vimeo On Demand Shuts Down

Published

on

By

The direct-to-fan marketplace gives independent filmmakers a new home to sell films, series, and memberships, with help migrating from Vimeo

AUSTIN, Texas, Oct. 23, 2026 /PRNewswire-PRWeb/ — Curios, the direct-to-fan entertainment marketplace, has launched a full set of video-on-demand tools for independent filmmakers and video creators. The launch gives creators affected by the closure of Vimeo On Demand a new place to sell their work directly to audiences, keep their sales revenue, and hold on to the customer relationships they have spent years building.

Vimeo is phasing out its On Demand service in stages. New uploads were blocked on August 22, 2026, and new purchases and subscriptions stopped on September 21, 2026. Final seller payouts were processed on September 24, and the platform will shut down completely on November 20, 2026. On that date, all Vimeo On Demand storefronts and purchase pages go offline, and viewers lose access to the films and series they previously bought or rented.

For filmmakers, the impact is immediate. Sales have already stopped, so every week without a new storefront means lost revenue. And with Vimeo only allowing sellers to export buyers who opted in to updates, many creators risk losing touch with a large part of their audience.

“Every time a platform shuts down, creators get a painful reminder that they never really owned their audience,” said Grant Powell, founder of Curios. “Filmmakers on Vimeo On Demand did everything right, and they’re still losing their storefront. We launched Curios so that can’t happen. You sell directly, you keep your revenue, and every buyer’s contact details are yours to keep, whatever happens next.”

A complete home for independent film

Curios gives filmmakers flexible ways to sell, including full support for TVOD and SVOD, with possible plans for AVOD in the future. Creators can sell titles to own permanently (Electronic sell-through / EST), for one-time rental (Download-to-rent / DTR), offer pay-per-view (PPV) access for events and premieres, and run subscription memberships covering an entire catalog, a single series, or selected titles.

Pre-orders, timed releases, and limited quantities help build excitement around a launch. Bundles and deluxe editions, automated upsells and cross-sells, coupons, and an affiliate program help filmmakers grow each sale and reach new audiences. Free claims let creators give away trailers, extras, or short films in exchange for viewers’ email addresses.

Filmmakers decide whether each title is streaming-only or downloadable. Buyers watch in the Curios mobile app, where films and series sit alongside ebooks, audiobooks, and music. To help creators get started, Curios has also published pricing guidance for film, suggesting typical ranges of $9.99 to $29.99 for titles sold to own.

Better economics and full access to buyers

Curios takes no commission on sales, so creators keep their full sale price. They pay for platform access through a Curios subscription, with a free plan available and no credit card required to sign up. As merchant of record, Curios collects and files sales tax and VAT worldwide, removing a major administrative burden for independent creators.

Filmmakers on Curios receive the contact details of every buyer, along with sales, traffic, and viewing analytics, so they can see how audiences engage with their work and market future releases directly.

Moving from Vimeo On Demand in three steps

Curios has published an automatic importer, and a step-by-step migration guide for Vimeo On Demand sellers. Filmmakers simply connect with Vimeo account to Curios, then Curios automatically migrates their original files, trailers, extras, and artwork directly from Vimeo. Finally, they replace their old Vimeo On Demand links with a single Curios link and let their fans know where to find them.

Curios will also import a filmmaker’s existing Vimeo buyers who opted in to updates. Imported customers will find the films they already own waiting in their Curios library, ready to watch, so viewers who were about to lose access can keep enjoying the work they paid for. Customer lists from other platforms can be imported as well.

Curios is continuing to expand its video tools, with caption and subtitle uploads, region restrictions, country-specific pricing, and smart TV apps currently in development.

Filmmakers can create a free account and read the full migration guide at studio.curios.com.

About Curios

Curios is a direct-to-fan entertainment and content marketplace helping creators publish, promote, sell, and distribute their work directly to audiences. Built for authors, musicians, filmmakers, comedians, and creators of all kinds, Curios supports digital and physical formats in one place.

Creators keep 100% of every sale, retain full ownership of their work, and get direct access to customer data. As merchant of record, Curios handles sales tax, along with customer support, content delivery, fraud disputes, and fast payouts, giving creators the infrastructure to sell direct without having to build it themselves.

Media Contact

Grant Powell, Curios, Inc, 1 3102952129, support@curios.com, https://www.curios.com

View original content:https://www.prweb.com/releases/curios-launches-video-on-demand-tools-for-filmmakers-as-vimeo-on-demand-shuts-down-302917739.html

SOURCE Curios, Inc

Continue Reading

Technology

Violet PR Wins Five PRSA-NJ Awards for Campaigns Driving Economic Growth and Innovation

Published

on

By

Award-winning media relations initiatives generated hundreds of news stories for clients

MONTCLAIR, N.J., Oct. 23, 2026 /PRNewswire/ — Violet PR, a national public relations agency specializing in economic development and place branding, has earned five awards from the Public Relations Society of America’s New Jersey Chapter (PRSA-NJ). Together, the campaigns generated more than 425 earned media placements in national, international, regional and niche outlets.

The winning programs ranged from launching a major fitness facility and promoting the growing film industry in New Jersey to showcasing Pittsburgh International Airport’s new terminal, navigating international trade uncertainty in Topeka, Kan., and positioning the Brooklyn Navy Yard as an innovation hub.

“These awards reflect the range of challenges our team helps clients navigate – including building support for emerging industries and elevating major infrastructure investments,” said April Mason, CEO and founder of Violet PR. “Whether we’re promoting a new airport terminal or helping a community navigate international trade uncertainty, our job is to uncover the stories that matter, connect them with influential audiences and deliver results that support our clients’ broader goals.”

For the New Jersey Economic Development Authority (NJEDA), Violet PR’s “Hollywood East: New Jersey Takes Center Stage” campaign earned PRSA-NJ recognition in the “Community Relations” category. Working with the New Jersey Motion Picture & Television Commission and NJEDA, the agency helped build support for the state’s expanding film and television industry by highlighting its economic impact, career opportunities and benefits for local businesses and communities. Over 10 months, the campaign generated 38 earned media placements and more than 336 million impressions.

Violet PR also earned an “Events” award for “Building More Than Muscle: Launching a New Jersey Success Story,” developed for Iron Culture’s new flagship gym in West Orange, N.J. The campaign promoted the grand opening of the $10 million fitness facility, bringing together elected officials, business leaders and community members while generating 45 earned media placements.

The Montclair, N.J.-headquartered agency also won a “Media Relations” award for its campaign, “Brooklyn Navy Yard: From Shipyard to Innovation Engine,” which spotlighted the historic waterfront campus’s transformation into a hub for advanced manufacturing, entrepreneurship and innovation. The campaign generated 85 earned media placements, reaching an audience of 662 million.

The agency’s national work was recognized as well. The “Ready for Takeoff: Commemorating Pittsburgh’s New Airport Opening (2025)” campaign for Pittsburgh International Airport (PIT) earned an award in the “Public Affairs” category. Violet PR executed a strategic communications campaign surrounding the opening of PIT’s new terminal, securing more than 200 earned media placements across national news, business, travel and aviation outlets, with a combined audience reach exceeding 525 million.

In Topeka, Kan., Violet PR’s “The U.S. City Bridging Borders: How Topeka Tackled Tariffs” campaign was recognized in the “PR on a Shoestring Budget” category. As rising U.S.-Canada tariffs threatened up to 20% of local jobs, the agency transformed a complex international trade issue into a compelling story about the economic ties between Kansas and Canada. With a budget of just $10,000 over two months, the campaign secured 57 media placements, with an estimated reach of 224 million.

“What makes these awards especially meaningful is that they recognize five very different campaigns, each requiring a tailored strategy, creative thinking and close collaboration with our clients,” said Christina Forrest, vice president, Violet PR. “We take pride in developing strategic campaigns that deliver meaningful results for our clients, and we’re grateful to PRSA-NJ for the honor.”

The PRSA-NJ Pyramid Awards recognize excellence in public relations and communications, honoring the strategy, creativity and impact of agencies and in-house teams across New Jersey and beyond.

Violet PR continues to earn national recognition for its growth and economic development industry expertise. The agency ranked No. 96 on O’Dwyer’s 2026 list of independent public relations firms following 22.6% year-over-year growth in 2025 and has appeared on the Inc. 5000 list for three consecutive years. Violet PR opened its second office in New York City this year.

About Violet PR

Violet PR is an award-winning public relations firm, recognized nationally as a top agency specializing in economic development, commercial real estate and place branding. The agency partners with cities, states, regions, developers, destinations and mission-driven organizations to build visibility through earned media, thought leadership, social media and strategic storytelling.

Founded in 2010, Violet PR helps clients attract investment, business growth, visitors and talent through earned media campaigns. For more information, visit www.violetpr.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/violet-pr-wins-five-prsa-nj-awards-for-campaigns-driving-economic-growth-and-innovation-302918369.html

SOURCE Violet Public Relations

Continue Reading

Trending