The position sensor market is estimated to be valued at USD 5.93 Bn in 2024 and is expected to reach USD 9.58 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031. https://www.writerscafe.org/kajalpatil/blogs/-Position-Sensor-Market-is-Anticipated-to-Witness-High-Growth-Owing-to-Increasing-Demand-for-Industrial-Automation/247212/