1. Market Research
  2. > Manufacturing
  3. > Electronic Component Market Trends
Magnetic Sensor Market with COVID-19 Impact Analysis by Type, Range, Application, End-user Industry, Geography - Global Forecast to 2025

Magnetic Sensor Market with COVID-19 Impact Analysis by Type, Range, Application, End-user Industry, Geography - Global Forecast to 2025

  • September 2020
  • 229 pages
  • ID: 5144554
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Increase in incorporation of magnetic sensors in consumer electronics, growth in adoption of magnetic sensors for automotive applications, and increasing investments in magnetic sensor ecosystem to drive the growth of magnetic sensor market

The magnetic sensor market is projected to grow from USD 4.3 billion in 2020 to USD 6.2 billion by 2025, recording a CAGR of 7.7% between 2020 and 2025. Major factors driving the growth of the magnetic sensor market include unceasing growth of consumer electronics industry and intensifying focus of manufacturers towards producing 3D magnetic sensors.

Based on type, Hall effect sensor segment held the largest share of the magnetic sensor market in 2019
In the magnetic sensor market, the demand for Hall ICs is higher than the demand for Hall elements, due to the simplicity of Hall ICs compared with Hall elements.The demand stems majorly from the automotive and consumer electronics industries.

Gallium arsenide is the core material used in Hall elements, which produces low-level signals.

Based on range, >10 gauss segment held the largest share of the magnetic sensor market in 2019
Based on range, the >10 gauss segment held the largest share of the magnetic sensor market in 2019 and is expected to continue to grow with the same momentum in the future. The growth of the segment can be attributed to the major use of >10 gauss (Bias magnetic field sensor) technology in the automotive industry.

Based on application, position sensing application held the largest market share in 2019
The position sensing segment held the majority share of the magnetic sensor market in 2019. The growth of this segment can be attributed to the increase in the deployment of position sensors in automotive, consumer electronics, robotics, and healthcare industries.

Based on end-user industry, transportation segment held the major share of magnetic sensor market
The transportation industry held the major share of the magnetic sensor market in 2019.The surge in demand for safety and navigation features in the automotive industry has propelled the usage of magnetic sensors in this industry.

Safety-related mandates in regions such as North America and Europe are acting as drivers for towering demand for magnetic sensors in the transportation industry.

In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the magnetic sensor marketplace.
• By Company Type: Tier 1 – 25%, Tier 2 – 35%, and Tier 3 – 40%
• By Designation: C-Level Executives – 35%, Managers – 25%, and Others – 40%
• By Region: North America – 25%, Europe – 42%, APAC – 21%, and RoW – 12%

Asahi Kasei Corporation (Japan), Allegro MicroSystems, LLC (US), Infineon Technologies AG (Germany), TDK Corporation (Japan), Melexis (Belgium), Honeywell International Inc. (US), TE Connectivity (Switzerland), ams AG (Austria) are some of the key players in the magnetic sensor market.

The study includes an in-depth competitive analysis of these key players in the magnetic sensor market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The report defines, describes, and forecasts the magnetic sensor market based on type, range, application, end-user industry, and region.It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the magnetic sensor market.

It also analyzes product launches and developments, expansions, partnerships, joint ventures, collaborations, agreements, and mergers and acquisitions carried out by the key players to grow in the market.

Key Benefits of Buying the Report
This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall magnetic sensor market and the subsegments.The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Vibration Sensor Market - Growth, Trends, Forecasts (2020 - 2025)

  • $ 4250
  • October 2020
  • 156 pages

The global vibration sensor market was valued at USD 3602.6 million in 2019, and is expected to reach USD 5464.2 million by 2025, registering a CAGR of 7.3% over the forecast period (2020-2025). In an ...

  • APAC
  • Sensor
  • Aerospace And Defense
  • Industry analysis
  • Vehicle Production
  • Energy Consumption

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on