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As the world continues to deal with COVID-19, economies are moving into recession, official counts of cases and deaths from COVID-19 have passed 4,000,000 and 280,000 at the time of this report. Many government announced a plan on reopening the national economy, but many countries are still at the stage of rising.
On a more positive note, we are already seeing signs of recovery as the COVID-19 risk is declining in China. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Non-Contact Position Sensor market in this environment.
In terms of revenue, this research report indicated that the global Non-Contact Position Sensor market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Non-Contact Position Sensor industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ams AG (Germany) aims at producing XX Non-Contact Position Sensor in 2020, with XX % production to take place in global market, ????Honeywell International, Inc. (US) accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Non-Contact Position Sensor Market by XYZResearch Include
- South America
Competitive Analysis; Who are the Major Players in Non-Contact Position Sensor Market?
- ams AG (Germany)
- Honeywell International, Inc. (US)
- MTS Systems Corporation (US)
- Renishaw plc. (UK)
- TE Connectivity Ltd. (Switzerland)
- Vishay Intertechnology, Inc. (US)
- Allegro MicroSystems, LLC (US)
- Panasonic Corporation (Japan)
- Infineon Technologies AG (Germany)
Major Type of Non-Contact Position Sensor Covered in XYZResearch report:
- Linear Position Sensor
- Rotary Position Sensor
Application Segments Covered in XYZResearch Market
- Test Equipment
- Material Handling
- Machine Tools
- Motion Systems
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