The position sensor market is estimated to be valued at USD 6.36 Bn in 2025 and is expected to reach USD 10.41 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032. https://timessquarereporter.com/news/position-sensor-market-witnesses-substantial-growth-due-to-rising-industrial-automation-adoption