Semiconductor and Electronics

Global Magnetic Field Sensors Market 2016-2020

  • TEC620392
  • 56 Pages
  • July 2016
  • Semiconductor and Electronics
About the Magnetic Field Sensor Market

Magnetic field sensors are devices used to sense and study the magnetic field around electrical devices, permanent magnets, and coils. These sensors are made of rotating sensor tip that measures transverse and longitudinal magnetic fields. Traditional magnetic field sensors facilitated navigation on oceans by sensing the magnetic poles of the Earth. Since then, the application of magnetic sensors has expanded to industrial use, for the detection of a magnetic field's strength, presence, and direction from soft magnets, permanent magnets, brain wave activity, vehicle disturbances, and fields generated from electric currents. Magnetic sensors are the primary navigation means for industrial control systems. The increasing demand for compact size, improved sensitivity, and compatibility to control systems has driven the need for magnetic field sensing technology.

Technavios analysts forecast the global magnetic field sensor market to grow at a CAGR of 9.78% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global magnetic field sensor market for 2016-2020. The market size is calculated on the basis of revenue generated from the sales of magnetic field sensors.


The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Magnetic Field Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Allegro MicroSystems
Asahi Kasei
Infineon Technologies
Micronas Semiconductor

Other prominent vendors
Bosch Sensortec
Honeywell
Melexis Microelectronic Systems
MEMSIC
NXP Semiconductors

Market driver
improved efficiency in the automotive segment
For a full, detailed list, view our report

Market challenge
adverse effect of temperature on sensor operations
For a full, detailed list, view our report

Market trend
emergence of wearable tech
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.



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