|By PR Newswire||
|April 4, 2014 03:25 AM EDT||
DUBLIN, April 4, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/8xhfkv/position_sensor) has announced the addition of the "Position Sensor Market in North America" report to their offering.
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The analysts forecast the Position Sensor market in North America to grow at a CAGR of 7.58 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of sensors in the Aerospace industry. The Position Sensor market in North America has also been witnessing the development of wireless technology. However, the increasing shift of manufacturing operations to developing countries could pose a challenge to the growth of this market.
The report, the Position Sensor Market in North America, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Position Sensor market in North America and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Development in wireless technology will help IWSNs to be used across a wide range of applications in the Industrial sector and will also help reduce operational costs in the long run. There has already been high adoption of wireless technologies such as Bluetooth, ZigBee, and Wi-Fi.
The use of these wireless technologies has allowed IWSNs to be used in the Automotive and Healthcare industries. Other solutions such as WirelessHART, SP100, also aid in the widespread use of IWSNs across various applications. The impact of the development of wireless technology and its use for different applications is expected to be high during the forecast period.
According to the report, the Position Sensor Market in North America is witnessing many growth drivers such as the increasing adoption of position sensors, including in the Aerospace industry. Various types of position sensors including inductive proximity sensors, inductive linear displacement sensors, RVDTs, and LVDTs, have been used in the Aerospace industry for better monitoring and effective functioning of aerospace parts.
Further, the report states that a major challenge in the market is the lack of product differentiation. Several vendors in the market offer similar kinds of position sensors, which create intense competition among the vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Banner Engineering Corp., Denso Corp.,Eaton Corp., Honeywell International Inc., OMRON Corp., and Siemens AG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Product Segmentation
8. End-user Segmentation
9. Vendor Landscape
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
17. Other Reports in this Series
- Banner Engineering Corp.
- Denso Corp.
- Eaton Corp.
- Honeywell International Inc.
- IFM electronics GmbH
- Omron Corp.
- Schneider Electric SA
- Siemens AG.
- Turck GmbH & Co. KG.
For more information visit http://www.researchandmarkets.com/research/8xhfkv/position_sensor
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets