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Global Magnetic Sensor Market: By Type: Half Effect Sensors, Magneto resistive Sensors, Squid Sensors, Fluxgate Sensor, Other; By Technology; By End Use: Transportation, Consumer Electronics, Other; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Magnetic Sensor Market Outlook

The global magnetic sensor market attained a value of USD 2.14 billion in 2020. The industry is further expected to grow at a CAGR of 7% in the forecast period of 2022-2027 to reach a value of USD 3.2 billion by 2026.

 

Global Magnetic Sensor Market

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The global magnetic sensor market is being driven by the rising demand for consumer electronics, electric and hybrid vehicles, and high-quality sensing devices.

 

Market Segmentation

Magnetic sensors are used for various purposes such as in contactless and wear-free measurement of mechanical and electrical amounts like rotation angle, angular velocity, linear position, linear velocity, and current. Magnetic sensors play a crucial role in supplying drones the critical directional data.

 

Global Magnetic Sensor Market By Type

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The various types of magnetic sensors include:

  • Half Effect Sensors
  • Magneto Resistive Sensors
  • Squid Sensors
  • Fluxgate Sensor
  • Others

The industry can be segmented based on:

  • Technology 
    • Hall Effect
    • Anisotropic Magneto Resistance (AMR)
    • Giant Magneto Resistance (GMR)
    • Tunnelling Magneto Resistance (TMR)
    • Others
  • End-Use
    • Transportation
    • Consumer Electronics
    • Healthcare
    • Aerospace and Defence
    • BFSI
    • Other

The EMR report looks into the regional magnetic sensor markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Magnetic Sensor Market By Region

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Market Analysis

The global magnetic sensor market is being driven by technological advancements. The rising demand for reliable, high-performance, and low-cost sensor is further propelling the growth of the industry. The Asia Pacific is expected to lead the industry as a result of an increasing focus on the automotive, consumer electronics, and healthcare industries, with China being the largest producer for automotive and consumer electronics due to the speedy growth of gaming industry in the region. The consumer electronics magnetic sensor market is anticipated to grow at the fastest rate due to the introduction of new apps like movement gaming and navigation.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global magnetic sensor market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Amsasahi Kasei Microdevices Corporation
  • Allegro Microsystems, LLC
  • Infineon Technologies AG
  • TDK Corporation
  • TE connectivity Corporation
  • Asahi Kasei Microdevices Corporation
  • Melexis NV
  • NXP Semiconductors N.V.

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, End Use, Region
Breakup by Type Half Effect Sensors, Magneto resistive Sensors, Squid Sensors, Fluxgate Sensor, Other
Breakup by Technology Hall Affect, Anisotropic Magneto Resistance (AMR), Giant Magneto Resistance (GMR), Tunneling Magneto Resistance (TMR), Others
Breakup by End Use Transportation, Consumer Electronics, Healthcare, Aerospace & Defence, BFSI, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Amsasahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Infineon Technologies AG, TDK Corporation, Melexis, TE connectivity Corporation., NXP Semiconductors N.V., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Magnetic Sensor Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Magnetic Sensor Historical Market (2017-2021) 
    8.3    Global Magnetic Sensor Market Forecast (2022-2027)
    8.4    Global Magnetic Sensor Market by Type
        8.4.1    Half Effect Sensors
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Magneto Resistive Sensors
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Squid Sensors
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Fluxgate Sensors
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Magnetic Sensor Market by Technology
        8.5.1    Hall Affect
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Anisotropic Magneto Resistance (AMR)
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Giant Magneto Resistance (GMR)
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Tunneling Magneto Resistance (TMR)
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Magnetic Sensor Market by End Use
        8.6.1    Transportation
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Consumer Electronics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Healthcare 
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Aerospace and Defense
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    BFSI
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Others
    8.7    Global Magnetic Sensor Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Asahi Kasei Microdevices Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Allegro MicroSystems, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Infineon Technologies AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    TDK Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    TE connectivity Corporation.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Asahi Kasei Microdevices Corporation
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Melexis NV
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    NXP Semiconductors N.V.
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Magnetic Sensor Market: Key Industry Highlights, 2016 and 2026
2.    Global Magnetic Sensor Historical Market: Breakup by Type (USD Million), 2017-2021
3.    Global Magnetic Sensor Market Forecast: Breakup by Type (USD Million), 2022-2027
4.    Global Magnetic Sensor Historical Market: Breakup by Technology (USD Million), 2017-2021
5.    Global Magnetic Sensor Market Forecast: Breakup by Technology (USD Million), 2022-2027
6.    Global Magnetic Sensor Historical Market: Breakup by End Use (USD Million), 2017-2021
7.    Global Magnetic Sensor Market Forecast: Breakup by End Use (USD Million), 2022-2027
8.    Global Magnetic Sensor Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Magnetic Sensor Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Magnetic Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Magnetic Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Magnetic Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Magnetic Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Magnetic Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Magnetic Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Magnetic Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Magnetic Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Magnetic Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Magnetic Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    North America Historical Price Trends and Forecast 2017-2027
21.    Europe Historical Price Trends and Forecast 2017-2027
22.    Asia Pacific Historical Price Trends and Forecast 2017-2027
23.    Latin America Historical Price Trends and Forecast 2017-2027
24.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
25.    Global Magnetic Sensor Market Structure

Key Questions Answered in the Report

In 2020, the global magnetic sensor market attained a value of nearly USD 2.14 billion.

The market is projected to grow at a CAGR of 7% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 3.2 billion by 2026.

The major drivers of the industry, such as the rising demand for consumer electronics, electric and hybrid vehicles, and high-quality sensing devices, and the growing technological advancements, are expected to aid the market growth.

The key market trend guiding the industry growth includes the introduction of new apps like movement gaming and navigation.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Half effect sensors, magneto resistive sensors, squid sensors, and fluxgate sensor, among others, are the leading types of the product in the industry.

Hall effect, anisotropic magneto resistance (AMR), giant magneto resistance (GMR), and tunnelling magneto resistance (TMR), among others, are the significant technology segments of the product in the market.

Transportation, consumer electronics, healthcare, aerospace and defence, and BFSI, among others, are the major end use sectors of magnetic sensor in the industry.

The major players in the industry are Amsasahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Infineon Technologies AG, TDK Corporation, Melexis, TE connectivity Corporation., NXP Semiconductors N.V., Others.

Analyst Review

The global magnetic sensor market attained a value of USD 2.14 billion in 2020, driven by the rising demand for consumer electronics. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7%. The magnetic sensor industry is projected to reach USD 3.2 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the industry can be segmented into half effect sensors, magneto resistive sensors, squid sensors, fluxgate sensor, and others. On the basis of technology, the market is divided into hall affect, anisotropic magneto resistance (AMR), giant magneto resistance (GMR), tunnelling magneto resistance (TMR), and others. By end use, the industry is segmented into transportation, consumer electronics, healthcare, aerospace and defence, BFSI, and others. The major regional markets for magnetic sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Amsasahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Infineon Technologies AG, TDK Corporation, Melexis, TE connectivity Corporation., NXP Semiconductors N.V., Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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