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Position Sensor Market worth $23.40 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 25, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Position Sensor Market is projected to grow from USD 14.53 billion in 2026 to USD 23.40 billion by 2032, at a CAGR of 8.3% during the forecast period.

Browse 150 market data Tables and 75 Figures spread through 290 Pages and in-depth TOC on ” Position Sensor Market – Global Forecast to 2032″

Position Sensor Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 14.53 billion2032 Projected Market Size: USD 23.40 billionCAGR (2026–2032): 8.3%

Position Sensor Market Trends & Insights:

The position sensor market is expected to grow significantly as industries increase investments in industrial automation, robotics, electric vehicles, advanced driver assistance systems (ADAS), and smart manufacturing across automotive, manufacturing, aerospace & defense, healthcare, electronics, and packaging applications. The market is further driven by rising demand for precise position measurement, real-time motion control, equipment reliability, and automated operations. Product innovations and strategic developments by key players such as Honeywell, TDK, STMicroelectronics, Amphenol, SICK, and Infineon Technologies, including advancements in 3D, magnetic, inductive, non-contact, and digital position-sensing technologies, are further strengthening adoption across high-value applications.By type, the 3D sensor segment is expected to record a CAGR of 14.4% during the forecast period.By contact type, the non-contact type segment is expected to register a CAGR of ~8.5% between 2026 and 2032.By signal output, the digital segment is expected to exhibit a CAGR of ~8.9% during the forecast period.By connectivity, the wired segment is expected to register a high growth rate during the forecast period.By technology, the inductive segment is expected to register a high growth rate during the forecast period.By application, the machine tools segment is expected to register a high growth rate during the forecast period.By end-user industry, the automotive segment is expected to capture the largest market share in 2032.By region, Asia Pacific accounted for the largest share (~42.5%), in terms of value, of the position sensor market in 2025.

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The position sensor market is witnessing steady growth, driven by increasing demand for precise position measurement, real-time motion control, and automation across sectors such as automotive, industrial automation, robotics, aerospace & defense, healthcare, and electronics. The growing emphasis on Industry 4.0, electric vehicles, ADAS, smart manufacturing, and robotic systems is supporting the adoption of position sensors. Advancements in technologies including inductive, magnetic, optical, ultrasonic, 3D, and non-contact sensing are improving accuracy, reliability, response time, and durability. In addition, the increasing use of position sensors in machine tools, vehicle steering and braking systems, EV powertrains, actuators, robotics, and automated production equipment is creating new avenues for market expansion. Investments in industrial automation, electrification, and connected manufacturing are further contributing to market growth. The integration of position sensors with digital interfaces, IoT platforms, and intelligent control systems is enabling real-time monitoring, predictive maintenance, and precise motion feedback, strengthening their value across automotive and industrial applications.

By signal output, digital segment to register highest CAGR from 2026 to 2032.

By signal output, the digital segment is projected to register the highest CAGR during the forecast period, driven by the increasing adoption of digital position-sensing solutions for accurate, reliable, and real-time position measurement across automotive, industrial automation, robotics, and advanced manufacturing applications. Digital signal output enables position sensors to transmit processed measurement data directly to electronic control units, microcontrollers, PLCs, and other control systems, simplifying system integration and improving data reliability. This approach is particularly suited to applications requiring high measurement accuracy, noise resistance, diagnostics, and fast response, while supporting advanced motion-control and automation systems. Furthermore, the growing integration of digital interfaces such as SENT, PWM, SPI, I²C, and SSI is expanding the functionality of digital position sensors across automotive and industrial applications. Continuous advancements in digital signal processing, high-resolution sensing, functional safety, smart connectivity, and sensor diagnostics, along with increasing adoption of electric vehicles, robotics, smart factories, and connected industrial equipment, are expected to further accelerate the growth of the digital segment globally.

By end-use industry, automotive segment to account for significant market share by 2032.

By end-use industry, the automotive segment is expected to capture a significant share of the position sensor industry by 2032, driven by the increasing adoption of position-sensing solutions across electric vehicles, passenger cars, commercial vehicles, and advanced automotive systems. Position sensors enable accurate detection of steering, pedal, gear, throttle, motor, transmission, and actuator positions, supporting vehicle safety, performance, and precise electronic control. Their growing use in electric powertrains, power steering, braking systems, transmission systems, motor control, and vehicle body applications is further supporting segment growth. Additionally, the increasing integration of position sensors with vehicle electronics, electronic control units, functional-safety systems, and advanced driver-assistance technologies is expanding their functionality across automotive applications. The growing demand for electric and connected vehicles, compact and reliable sensing solutions, enhanced vehicle safety, and precise motion control is creating new opportunities for position sensor manufacturers. Continuous advancements in magnetic, Hall-effect, inductive, AMR, and other contactless sensing technologies, along with improvements in accuracy, durability, stray-field immunity, and digital connectivity, are expected to further strengthen the automotive segment globally.

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By region, Asia Pacific to register highest CAGR between 2026 and 2032.

By region, Asia Pacific is expected to record the highest CAGR during the forecast period, driven by rapid industrial automation, expanding automotive production, growing electric vehicle adoption, and increasing investments in smart manufacturing across China, Japan, South Korea, and India. The region is witnessing rising demand for position sensors across automotive, industrial automation, robotics, electronics, machine tools, and manufacturing applications. The strong manufacturing ecosystem and increasing deployment of automated production systems are supporting regional market expansion. In addition, the growing adoption of position sensors in EV powertrains, steering systems, actuators, robotics, and precision machinery is creating opportunities for advanced sensing technologies. Investments in Industry 4.0, smart factories, factory automation, connected equipment, and advanced automotive manufacturing are further encouraging the deployment of magnetic, inductive, optical, proximity, and 3D position sensors. Furthermore, advancements in high-accuracy sensing, digital interfaces, non-contact technologies, and intelligent control systems, along with increasing manufacturing and electronics production capabilities, are expected to strengthen regional market growth.

Key Players

The position sensor companies includes many major Tier I and II players, including Honeywell International (US), TDK Corporation (Japan), STMicroelectronics (Switzerland), Amphenol Corp. (US), SICK AG (Germany), TE Connectivity (Ireland), Texas Instruments Inc. (US), Analog Devices Inc. (US), CTS Corporation (US), and Infineon Technologies AG (Germany), among others. These players have a strong market presence in position sensor technologies across various countries in North America, Europe, Asia Pacific, and the Rest of the World.

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Everlight Solar Resolves Nebraska Attorney General Matter

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28 minutes ago

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September 25, 2026

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OMAHA, Neb., Sept. 25, 2026 /PRNewswire/ — Everlight Solar has reached an agreement with the Nebraska Attorney General’s Office resolving a lawsuit related to collegiate sponsoring and other marketing in the state.

Everlight believes that the claims made in this litigation are without merit and does not admit liability. Everlight continues to stand behind our marketing practices, our employees, and the exceptional customer experience we work to provide every day.

Everlight made the decision to settle this matter in order to avoid the litigation expense, significant time, and distraction associated with prolonged litigation and to allow our team to remain focused on what matters most: serving our customers and communities.

For more information, visit EverlightSolar.com.

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SOURCE Everlight Solar

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Infrasense Completes 3D Ground Penetrating Radar Investigation Along State Route 133 in Lowell, Massachusetts

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28 minutes ago

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September 25, 2026

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LOWELL, Mass., Sept. 25, 2026 /PRNewswire/ — The Infrasense team recently completed a comprehensive 3D Ground Penetrating Radar (3D-GPR) investigation along approximately 1.37 miles of pavement along Route 133 in historic Lowell. The study area included the westbound and eastbound travel lanes, both shoulders, and the center turning lane. The team was tasked with 3D-GPR data collection and detailed subsurface data analysis in order to evaluate pavement conditions and structural components throughout the corridor.

The primary objectives of the project were to:

Perform dowel and tie bar analysis to identify locations where these components are present, missing, shallow, and/or misaligned;Determine the typical dowel layout, including standard spacing and depth at transverse joints;Conduct a depth analysis to identify the depth to the bottom of the pavement layer across the project site; andPerform an activity analysis at the bottom of the pavement layer to detect any indications of underlying voids.

3D-GPR data collection was conducted using a Kontur DXG1820 sensor. Unlike traditional single-channel GPR systems, the DXG1820 utilizes 20 independent channels to capture data in three dimensions, enabling the collection of a continuous five-foot-wide swath of subsurface information.

Once 3D-GPR data was collected, analysis of dowels, tie bars, depth and activity was completed across the entire project site. These analyses were used to generate project deliverables designed to support pavement evaluation, maintenance planning, and future rehabilitation efforts. The final results of the investigation provided stakeholders with critical subsurface condition data which will be used3D to better understand pavement performance and identify areas requiring additional assessment or remediation.

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SOURCE Infrasense, Inc.

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Overlord Labs Closes Oversubscribed Seed Financing, Bringing Total Funding to $10 Million to Advance Battery Intelligence for Edge AI Devices

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September 25, 2026

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SAN JOSE, Calif., Sept. 25, 2026 /PRNewswire/ — Overlord Labs, Inc., a fabless semiconductor company building battery intelligence infrastructure for compute-intensive, battery-powered devices, today announced the close of its oversubscribed Seed financing, bringing total funding raised to-date to $10 million. The total comprises $7.25 million in Seed financing and the remainder in non-dilutive strategic development funding.

The financing comes as Overlord Labs transitions from tape-out to product validation, following the successful bring-up of its flagship GENESIS™ Battery Intelligence IC, built on the company’s proprietary Silicon × Algorithm Architecture. With silicon operating, the company is advancing validation and preparing to begin customer sampling.

The $4.35 million Seed extension was led by Band of Angels and drew participation from Foothill Ventures, Unlock Pacific Ventures, NuFund Venture Group, Sand Hill Angels and Castle Fund. The round also included returning strategic angel investors, who backed Overlord Labs in its earlier financings and invested additional capital in the extension alongside the new institutional investors.

As compute continues moving to the edge, battery-powered devices are placing unprecedented demands on power efficiency, thermal management, safety and runtime. Traditional fixed-function battery management ICs were not designed for this new generation of intelligent products. Overlord Labs’ Silicon × Algorithm Architecture solves this by building battery intelligence directly into silicon, giving OEMs a more adaptable foundation for these systems.

The first GENESIS™ device targets single-cell systems and is designed to support both established and emerging battery chemistries, including silicon-anode cells. Initial applications include smart glasses, wearables, hearables and other edge AI devices, where rising compute demands must be met within tight battery and form-factor limits.

Overlord Labs will use the capital to complete validation and qualification, support customer sampling and Tier-1 OEM engagements, expand its firmware and battery-algorithm capabilities, and build the production infrastructure needed for commercial scale. The company is targeting volume production in the first half of 2027.

“We started Overlord Labs because battery management architectures were no longer keeping pace with the devices they power,” said Richard Nicholson, Co-Founder and Chief Executive Officer of Overlord Labs. “We now have working silicon, active customer engagement and an investor syndicate, including angels who came back to invest again, that understands the scale of the opportunity. This capital gives us the resources to move GENESIS™ through customer validation and toward production.”

“Hardware OEMs have historically faced a rigid trifecta of trade-offs: performance, form factor, and battery life,” said Carlos Rodriguez, Co-Founder and Chief Operating Officer of Overlord Labs. “We engineered GENESIS™ to break those constraints, giving product teams the software-defined silicon they need to scale all three without compromise. With the Seed financing complete, our focus is getting GENESIS™ into customers’ hands and building the foundation to scale.”

About Overlord Labs
Overlord Labs is a fabless semiconductor company building battery intelligence infrastructure for the next generation of compute-intensive, battery-powered devices. Powered by its proprietary Silicon × Algorithm Architecture, the company’s GENESIS™ Battery Intelligence Platform integrates advanced battery intelligence directly into silicon, enabling OEMs to improve runtime, safety, performance, and design flexibility. Initially focused on wearables, smart glasses, and edge AI devices, the platform is designed to scale across a broad range of battery-powered systems. Headquartered in San Jose, California, Overlord Labs is engineering battery intelligence from the silicon up.

Media Contact
Dianna Rodriguez
Marketing Manager
hello@overlord-labs.com

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SOURCE Overlord Labs

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