Automotive Position Sensor Market Report 2026

The automotive position sensor market size has grown strongly in recent years. It will grow from $6.01 billion in 2025 to $6.38 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to electronic control unit proliferation, demand for engine control accuracy, safety system adoption, sensor miniaturization, vehicle electrification.

The automotive position sensor market size is expected to see strong growth in the next few years. It will grow to $7.98 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to autonomous driving growth, ev sensor demand, smart chassis systems, sensor fusion adoption, advanced driver assistance expansion. Major trends in the forecast period include increasing use of multi-axis sensors, growth of contactless sensing technologies, integration with adas systems, demand for high-precision position detection, expansion of electronic control systems.

The increasing demand for electric vehicles is set to drive growth in the automotive position sensor market. Electric vehicles (EVs) are powered by electric motors utilizing energy stored in rechargeable batteries or other storage devices. This demand surge is driven by environmental concerns, technological advancements, government incentives, and expanding charging infrastructure. Automotive position sensors play a crucial role in EVs by accurately monitoring and controlling component positions, thereby enhancing performance, safety, and efficiency. For example, in July 2023, the International Energy Agency reported a 25% year-on-year increase in electric car sales, reaching over 2.3 million units in the first quarter alone. Sales are projected to grow further, reaching 14 million units by the end of 2023, reflecting a 35% annual increase and accelerated growth in the latter half of the year. Thus, the rising demand for electric vehicles is propelling the automotive position sensor market forward.

Leading companies in the automotive position sensor market are innovating with products such as hall technology sensors to meet the demand for precise and reliable position sensing in vehicles, enhancing overall performance, safety, and efficiency. Hall technology sensors detect and measure magnetic fields, providing essential data for various automotive and industrial applications. For instance, TDK Corporation introduced the HAL 3927 in October 2023, a 3D HAL technology-based position sensor featuring ratiometric analog output and digital SENT interface based on SAE J2716 rev. 4 standards. This sensor enables high-resolution position measurements with linear, ratiometric analog output and integrated wire-break detection. The HAL 3927 sensor is capable of measuring horizontal and vertical magnetic-field components, facilitating linear and rotary position measurements up to 360°. Its programmable output characteristic supports linearization of the output signal through up to 33 setpoints.

In February 2023, CTS Corporation bolstered its position in the electric motor sensing and control markets by acquiring maglab AG, although the financial terms were undisclosed. This acquisition enriches CTS' technology portfolio, reinforcing its market position and capabilities. maglab AG is a Switzerland-based company that provides automotive position sensors.

Major companies operating in the automotive position sensor market report include Robert Bosch GmbH, Panasonic Corporation, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, Honeywell International Inc., Texas Instruments Incorporated, Aptiv Plc, Schaeffler AG, TE Connectivity, STMicroelectronics N.V., Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors, BorgWarner Inc., Amphenol Corporation, Analog Devices Inc., HELLA GmbH & Co. KGaA, Sensata Technologies Inc., Allegro MicroSystems Inc., Stoneridge, Melexis, CTS Corporation.

Asia-Pacific was the largest region in the automotive position sensor market in 2025. The regions covered in the automotive position sensor market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive position sensor market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive position sensor market consists of sales of steering angle sensors, transmission position sensors, suspension position sensors, and brake pedal position sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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