The global optical position sensors market is poised for remarkable growth, expanding from a market value of US$ 2.1 Bn in 2022 to an estimated US$ 4.4 Bn by the end of 2031, growing at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2031. This robust market trajectory is driven by accelerating trends in smart manufacturing, heightened emphasis on safety and precision, and rapid...