HomeNews UpdatesZacks cites MarketsandMarkets for Position Sensor Market in an article on IDT’s tie-up with Thetasys

Zacks | August 22, 2018
Zacks cites MarketsandMarkets for Position Sensor Market in an article on IDT’s tie-up with Thetasys

Zacks named MarketsandMarkets as a key reference for the global position sensor market in an article on IDT’s tie-up with Thetasys for strengthening their sensor portfolio.

Position sensors are basically used in determining how far the target object has moved, which in turn can be used to determine the efficiency of a device, thus leading to a high adoption in automotive and aerospace industries. The global position sensor market is expected to reach a value of USD 5.98 billion by 2022, growing at a CAGR of 6.27% from 2017 to 2022, owing to the increasing investment in manufacturing infrastructure, integration of position sensors in modern automobiles, and growing adoption of position sensors in the aviation and aerospace industry.

For More Details:

https://www.zacks.com/stock/news/308526/idt-tiesup-with-thetasys-to-strengthen-sensor-portfolio

Report mentioned in the above news is,

Position Sensor Market by Type (Linear and Rotary), Contact Type (Contact and Non-Contact) Output (Analog and Digital), Application (Machine Tools, Robotics, Motion Systems, Material Handling), Industry, and Geography - Global Forecast to 2022.

Press Release:

https://www.marketsandmarkets.com/PressReleases/position-sensor.asp

Share this story

How can we help you?

To discuss how our team can help you and your business achieve true results,
Get in touch with us

COVID 19
COVID 19
MarketsandMarkets Strategic Insights
BEATING THE PANDEMIC'S EFFECT ON YOUR REVENUES
Know More
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved