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

August 22, 2018
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

GET AHEAD

Top Research Reports to Fuel Your Industry Knowledge

Editor's Pick

Information and Communication Technology

Apple Vision Pro China Launch Confirmed
April 2, 2024

Information and Communication Technology

Insurtech Funding News - Coverdash raises USD 13.5 Million
April 2, 2024

PODCASTS

Sustainable Digital Transformation & Industry 4.0

Sustainable Digital Transformation & Industry 4.0

Sanjay Kaul, President-Asia Pacific & Japan, Cisco, and host Aashish Mehra, Chief Research Officer, MarketsandMarkets, in conversation on unraveling 'Sustainable Digital Transformation and Industry 4.0'

11 July 2023|S2E12|Listen Now

Future of Utilities with Thomas Birr from E.ON

Generative AI

Prasad Joshi, Senior Vice President-Emerging Technology Solutions, Infosys, and host, Vinod Chikkareddy, CCO, MarketsandMarkets, in exploring the recent advances in AI and the generative AI space.

7 Nov 2023|S2E13|Listen Now

Download Whitepaper

STAY TUNED

GET EMAIL ALERT
Subscribe Email

Follow IndustryNews by MarketsandMarkets

DMCA.com Protection Status