Position sensors are used in vehicles to check the position of a component of the system with respect to its reference point. Position sensors allow the occupant of the vehicle to take required action according to the signal of the sensor. Demand for position sensors for automotive is expected to rise at a significant pace during the forecast period due to high demand for convenience features in vehicles. The demand for the position sensors for transmission and accelerator pedal has increased at a rapid rate as they provide convenience to the driver. The market of the position sensors for automotive can be affected by arrival of the autonomous vehicles in the market as it may result in the removal of the position sensors from some systems of the vehicle. However, position sensors for automotive involve high costs and cannot be used in vehicles where cost cutting is a prime focus. This is anticipated to restrain the automotive position sensor market in the near future. The automotiv...