A position sensor is any device that permits position measurement. It can either be an absolute position sensor or a relative one (displacement sensor). Position sensors can be linear, angular, or multi-axis.
The latest trend gaining momentum in the market is Development of smart position sensors. Position sensors are finding increased application in modern vehicles. The growing electrification of mechanical components has led to higher number of automotive sensors in modern vehicles, and the position sensor is one the crucial sensors among them. Position sensors have evolved from contact position sensor to contactless sensors, and the magnetic sensors in the contactless segment are becoming quite popular in the automotive market. However, magnetic sensors are exposed to stray field interference, and this is a serious challenge for their adoption.
One of the major drivers for this market is the development of easy-to-use position sensors is increasing position sensor adoption. The position sensor is a crucial component in the engine management system of modern vehicles. HELLA has developed contactless inductive position sensors (CIPOS), which is gaining popularity in the market and leading to increased adoption of position sensors. The CIPOS provide better precision and are easy-to-use, and the measurement range of both linear and angular sensors can be flexibly designed. In addition to flexibility, these sensors are easy to assemble and are not sensitive to mechanical misalignment.
The Global Two-Wheeler Position Sensor Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.

As the report focuses on global Two-Wheeler Position Sensor Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Bosch
Delphi
DENSO
ZF Friedrichshafen
Pucheng Sensors
Hyundai KEFICO
Infineon Technologies
Methode Electronics

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Capacitive
Magnetic
Infrared (IR)
Force Sensor
Others

In Market segmentation by applications :
Motorcycles
Scooters
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Two-Wheeler Position Sensor Market for the forecast period 2023-2030?
• What are the driving forces in the Two-Wheeler Position Sensor Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Two-Wheeler Position Sensor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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