MARKET OVERVIEW
Position indicators allow direct reading of input measurement values at a glance.In addition, the value indicated per spindle rotation (corresponding spindle pitch) can be selected and the various indicator values are realised by a transmission gear. The position indicators are distinguished by their small construction with very clear display.
MARKET SIZE & GROWTH
• The global Position Indicators Market was valued at US$ 487 million in 2024.
• It is projected to reach US$ 765 million by 2032.
• The market is expected to grow at a CAGR of 5.8% from 2025 to 2032.
