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 compound annual growth rate (CAGR) of 7.1% from 2024 to 2031. This growth is driven by several key factors, including the increasing adoption of automation across various industries, advancements in sensor technology, and the rising demand for precision...
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