Industry Trends

BOGEN is constantly monitoring the industrial trends in magnetic measurement.

Industrial internet mega trends will trigger the extended use of sensor solutions, including magnetic measurement. The use of sensors will increase significantly over the next years. 

The global sensors market is expected to growing at a compound annual growth rate of 11.53% over the period 2014 to 2020. The growth of the market is fueled by increasing adoption of smart sensors and by a growing need for energy saving devices.

Magnetic sensors are expected to outperform the market, since they are cheaper than other solutions and will increase in performance.

While most motion control systems use incremental scales, there is a huge trend towards absolute scales. Absolute scales enable positioning directly without a home run shortening start up time and avoiding unnecessary movements.