The Position Sensors Market Size was valued at USD 5.5 billion in 2023, is projected to reach USD 9.52 billion by 2031, growing at a CAGR of 7.1% from 2024 to 2031. This growth is driven by increasing demand for automation across various industries, advancements in sensor technology, and the rising adoption of position sensors in automotive, electronics, and aerospace sectors. The...
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