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://logcla.com/blogs/536277/Position-Sensor-Market-is-Anticipated-to-Witness-High-Growth-Owing