Loading...
0

Magnetic Sensor Market by Technology Type (Tunnel Magneto Resistance (TMR), Anisotropic Magneto resistance (AMR), Giant Magneto Resistance (GMR), and Others), Application (Smart Phones, Cars, Robotics Refrigerators, and Others), and End Use (Automotive, Consumer Electronics, Aerospace, Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

SE_195652
Pages: NA
Nov 2019 | 11 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

Magnetic Sensor Market Outlook-2026

Magnetic sensors are used for measuring and detecting distance, size, direction, width, and speed. Magnetic sensors are also known as Microelectromechanical System-Based Sensors (MEMS) that convert magnetic field into an electrical signal. It is widely used by industries for rotation sensing, contactless current sensing, linear, and angular position. Moreover, it consumes less power, operates in high temperature, is highly durable, and delivers reliable performance. 

Magnetic sensor is used in various applications such as cars, smart phones, refrigerators, and others. In cars, it is used for identifying the gap between two cars and controlling the speed accordingly. In addition, it is used in smart phones for navigation A MEMS-based magnetic field sensor is small in size, due to it can be kept near to the measurement location and thereby  it achieve higher spatial resolution than other magnetic field sensors. For instance, Infineon Technologies, a well-known manufacturer of sensors, provides solutions to meet requirements of automotive and industrial applications. It developed a sensor called “ISO26262” used in the automotive industry for detecting linear position, pedal position, and electric power steering. 

The magnetic sensor market is expected to experience growth from 2019 to 2026 due to increase in applications of magnetic sensors in various industries such as automotive, consumer electronics, aerospace, defense, healthcare, and others. Increase in technological advancements related to electrification of vehicles, increase in adoption of smart products, and robotics by industries for automation and integration of IoT technology are the major factors responsible for the market growth.    Moreover, cloud computing and big data analytics also contributes toward the market growth because of the increase in demand for servers and data centers. Power Distribution Units (PDU) use magnetic sensors for power supply, which is a crucial infrastructure in data centers, this is expected to boost the demand for the magnetic sensor market in the future.

Factors such as increase in adoption of magnetic sensors in medical applications for tracing the speed of components in medical testing equipment, deployment of magnetic COTS in aircrafts, and increase in demand for automobile infotainment system are the key drivers for the magnetic sensor market growth. In addition, high cost and lack of infrastructure acts as major restraints, which can hinder the market growth. Increase in government initiatives for eco-friendly vehicles and growing usage of high-quality sensing devices provide lucrative opportunities for the market to spur.  

The magnetic sensor market is analyzed on the basis of technology, application, end use, and region. On the basis of technology, the market is categorized into AMR, TMR, and GMR. By application, the market is classified into smart phones, cars, robotics, refrigerators, and others. On the basis of end use, the market is segmented into automotive, consumer electronics, healthcare, aerospace, defense, and others. By region, the market is divided into North America, Europe, Asia-pacific, and LAMEA. 

Key players operating in the magnetic sensor industry are Baumer, Honeywell international Inc., Ic Haus, Robert Bosch GmbH, Magnetic sensor corporation, NVE corporation, NXP Semiconductors, Infineon Technologies, Allegro Microsystems, and TDK Corporation.  These players focus on R&D advancements of electronic devices. These players adopt collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the magnetic sensor market and develop new products for enhancing product portfolio.
 
Key Benefits for Magnetic Sensor Market:

  • This study includes the analytical depiction of the global magnetic sensor market along with the current trends and future estimations to determine imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Magnetic Sensor Market Segments:

By Technology Type:

  • Tunnel Magneto Resistance (TMR)
  • Anisotropic Magneto Resistance (AMR)
  • Giant Magneto Resistance (GMR)
  • Others

By Application:

  • Smart Phones
  • Cars
  • Robotics
  • Refrigerators
  • Others

By End User:

  • Automotive 
  • Consumer Electronics
  • Aerospace
  • Defense
  • Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany 
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

   

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry

REQUEST TOC/SAMPLE

Request Customization

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Magnetic Sensor Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,370  $4,833
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited within company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 
REQUEST TOC/SAMPLE

Buy Full Version
"Magnetic Sensor Market"
Purchase Enquiry