Position Sensor Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Global Position Sensor Market report presents a comprehensive analysis of the market trends, growth, drivers, industry attractiveness, competitiveness, and forecast to 2025. The market is segmented based on Types and Sub-Types of position sensors (Linear Sensors, Rotary Sensors, Proximity Sensors, and Others) and Application (Agricultural Vehicles, Livestock Position and Health Monitoring, Indoor Farming, and Others). The report also includes a segmentation analysis based on geography covering across 16 countries acorss the world.

Market Snapshot

position sensor market overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 10.5 %
position sensor market major players

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Market Overview

The Global Position Sensor Market is estimated to register a CAGR of 10.5%, during the forecast period (2020-2025).

  • The proliferation of advanced farming practices through precision agriculture is the major driving factor behind the expansion of the position sensor market, globally.
  • North America constituted the largest share in the overall market in 2019. The increasing rate of adoption of precision farming in the United States and Canada contributed to gaining the largest share in the region. 
  • The market for position sensors is consolidated with a few notable players occupying the largest market share. The major players dealing in position sensors for the agricultural sector include Honeywell International Inc., TE Connectivity, Balluff Inc, Baumer, Novotechnik, and Sensor Solutions Corp., among others. 

Scope of the Report

Position sensors enable farmers to monitor and optimize crops through GPS technology and even help determine the position of vehicles on the field. The scope of the position sensor market report includes segmentation on the basis of types and sub-types and applications. The scope of the report further extends to a geographical analysis covering all the major countries across the world. The review period considered for the study is 2016-2024 and the forecast period is 2020-2025. 

Linear Sensors
Rotary Sensors
Proximity Sensors
Other Position Sensors
Agricultural Vehicles
Livestock Position and Health Monitoring
Indoor Farming
Other Application Areas
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Asia Pacific
Rest of Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa

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Key Market Trends

Smart Farming Practices and Precision Agriculture Driving the Market

Agriculture 4.0, a term coined in the World Government Summit, in the form of smart agricultural practices and precision farming is increasingly driving the position sensor market, globally. The total number of Internet-of-Things (IoT)-based cellular devices installed in agriculture rose to 1.4 million to 2018 from 0.8 million in 2016, globally. According to the US Department of Agriculture (USDA), GPS guidance systems, that use sensor outputs to accurately position a vehicle, were adopted across 45-55% of the area planted with major agricultural crops in the US during the period 2010-2013. The Australian Department of Agriculture and Water Resources and the European Environment Agency both reported that the regions have witnessed a considerable increase in farm sizes with a declining number of farms, thus, signifying the potential scope for expansion of the position sensor market in those regions. Moreover, a study by the European Parliament in 2016 revealed that 25% of the farms in the EU already use precision technology. A survey by the Agriculture and Agri-Food Canada in 2017 found that 75% of the sampled respondents intend to practice precision farming in the future. Along with unmanned air vehicles (UAVs) or drones outfitted with precision positioning sensors for plant-health monitoring, tractors and combine harvesters are progressively using position sensor technology to increase harvest yields and long-term farm profits. For instance, John Deere launched its new combine harvester at the 2019 Consumer Electronics Show, that uses GPS, Artificial Intelligence, and sensor solutions to decide on how, where, and when to cut the farmer's field. As such, precision agriculture is expected to play a significant role in driving the position sensor market, during the forecast period. 

position sensor market trends

North America - The Largest Market for Position Sensors

North America has been at the forefront of the deployment of position sensors in the field of agriculture. The region contributed the largest share to the overall position sensor market in 2019. The United States was the largest market in the North American region. According to a report by the Economic Research Services, USDA, large-holding farms are more likely to adopt precision agriculture technologies including position sensors. As the average farm size is increasing at the rate of two acres per farm since 2012 with the total number of farms declining by 12,000 to 2.05 million in 2017, the large-holding farmers are well-positioned to use position sensors in tractors and harvesters to automatically identify field surroundings and respond to variations. Moreover, according to USDA, the adoption of precision technology can add marginal gains of USD 3.73 to the net returns of USD 85.0 fetched by the US corn farmers. A study by Goldman Sachs revealed that the overall sensor prices fell by 50% in the last decade, thereby, leaving a wide opportunity for precision agriculture to grow. In Canada, the labor shortage cost farmers USD 2.9 billion in lost revenues in 2017. Thus, automation is expected to give a boost to the adoption of precision agriculture in the country, thus, driving the position sensor market. 

position sensor market share

Competitive Landscape

The market is fairly consolidated owing to the presence of a few prominent players, accounting for more than half of the total market share. The key players in the market include Honeywell International Inc., TE Connectivity, Balluff Inc, Baumer, Novotechnik, and Sensor Solutions Corp., among others. Extensive Research and Development activities and subsequent product innovation were the strategies most adopted by the companies for gaining a stronger foothold in the market, globally. For instance, Novotechnik introduced the TFD-4000 Series of touchless position sensors for application in the agricultural sector along with other areas in 2018, which would help provide touchless measurements through the air and non-magnetic materials.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry


    1. 5.1 Type

      1. 5.1.1 Linear Sensors

      2. 5.1.2 Rotary Sensors

      3. 5.1.3 Proximity Sensors

      4. 5.1.4 Other Position Sensors

    2. 5.2 Application

      1. 5.2.1 Agricultural Vehicles

      2. 5.2.2 Livestock Position and Health Monitoring

      3. 5.2.3 Indoor Farming

      4. 5.2.4 Other Application Areas

    3. 5.3 Geography

      1. 5.3.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.3.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Russia

        5. Spain

        6. Rest of Europe

      3. 5.3.3 Asia Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Africa

        1. South Africa

        2. Rest of Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Honeywell International Inc.

      2. 6.3.2 TE Connectivity

      3. 6.3.3 Balluff Inc

      4. 6.3.4 Baumer

      5. 6.3.5 Novotechnik

      6. 6.3.6 Sensor Solutions Corp.

      7. 6.3.7 Carlo Gavazzi Holding AG

      8. 6.3.8 Pepperl+Fuchs

      9. 6.3.9 Semtech

      10. 6.3.10 Trimble Inc.


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Frequently Asked Questions

The Position Sensor Market market is studied from 2016 - 2026.

The Position Sensor Market is growing at a CAGR of 10.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Honeywell International Inc., TE Connectivity, Balluff Inc, Baumer, Novotechnik are the major companies operating in Position Sensor Market.

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