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Global Magnetic Sensor Market Size study, by Technology (Hall Effect Anisotropic Magnetoresistance (AMR), Giant Magnetoresistance (GMR), Tunnel Magnetoresistance (TMR) and Others), by Application (Automotive, Consumer Electronics, Industrial and Others), and Regional Forecasts 2021-2027

  • BIZ4599833
  • 200 Pages
  • July 2021
  • Semiconductor and Electronics
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Global Magnetic Sensor Market is valued approximately at USD 2.29 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2021-2027. A magnetic sensor detects magnetism and geomagnetism generated by magnet or current. Coiled, reed switch, hall elements, magneto resistive element and others are the types of magnetic sensors. Growing investment in technological advancements in magnetic sensor, introduction of new products by market players and rising adoption of robotics in factory automation are surging the demand for magnetic sensors. For instance, according to Mantec report of April 2020, in manufacturing sector the estimated demand of advanced robotics is expected to reach to USD 3.7 billion by 2021. Additionally, in November 2019, Allegro MicroSystems launched ATS17051, gear tooth sensor ICs, developed to provide incremental position for electric vehicle traction motors operating up to 30k RPM. This magnetic sensor is able to address the engineers' traction motor challenges, including vibration at startup and running mode, mechanical space constraints, high rotational speed, high operating temperatures, and ISO 26262 safety requirements. Furthermore, government regulations to integrate magnetic sensors in automobiles and rising sales of electric vehicles are expected to provide opportunities to the market in coming years. For example, according to Statista the sales of plug-in electric vehicles are increased to 3.1 million in 2020 as compared to 2.17 million vehicles sold in 2019. However, inconsistent strength of magnetic field and intense pricing pressure due to highly competitive market may hamper the growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of magnetic sensors market. Asia Pacific is dominating the world in terms of revenue and expected to grow at a fastest rate during forecast period 2020-2027, due to presence of prominent market players in regions such as China and Japan coupled with prospering automotive and consumer electronics manufacturing industries.

Major market player included in this report are:

Alps Electric Co. Ltd

Asahi Kasei Baumer Ltd.

Elmos Semiconductor AG

Honeywell International, Inc.

Allegro Microsystems, Inc.

Memsic Corporation

MultiDimension Technology Co. Ltd

Microdevices Corporation

Magnetic Sensors Corporation

NXP Semiconductors

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Hall Effect

Anisotropic Magnetoresistance (AMR)

Giant Magnetoresistance (GMR)

Tunnel Magnetoresistance (TMR)

Others

By Application:

Automotive

Consumer Electronics

Industrial

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Magnetic Sensor Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Magnetic Sensor Market, by Region, 2019-2027 (USD Billion)

1.2.2. Magnetic Sensor Market, by Technology, 2019-2027 (USD Billion)

1.2.3. Magnetic Sensor Market, by Application, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Magnetic Sensor Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Magnetic Sensor Market Dynamics

3.1. Magnetic Sensor Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising investment in technological advancements

3.1.1.2. New product launches

3.1.2. Market Restraint

3.1.2.1. Intense pricing pressure

3.1.2.2. Inconsistent strength of magnetic field

3.1.3. Market Opportunities

3.1.3.1. Favourable government regulation

3.1.3.2. Growing sales of electric vehicle

Chapter 4. Global Magnetic Sensor Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Magnetic Sensor Market, by Technology

a. Market Snapshot

5.1. Global Magnetic Sensor Market by Technology, Performance - Potential Analysis

5.2. Global Magnetic Sensor Market Estimates & Forecasts by Technology 2018-2027 (USD Billion)

5.3. Magnetic Sensor Market, Sub Segment Analysis

5.3.1. Hall Effect

5.3.2. Anisotropic Magnetoresistance (AMR)

5.3.3. Giant Magnetoresistance (GMR)

5.3.4. Tunnel Magnetoresistance (TMR)

5.3.5. Others

Chapter 6. Global Magnetic Sensor Market, by Application

b. Market Snapshot

6.1. Global Magnetic Sensor Market by Application, Performance - Potential Analysis

6.2. Global Magnetic Sensor Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

6.3. Magnetic Sensor Market , Sub Segment Analysis

6.3.1. Automotive

6.3.2. Consumer Electronics

6.3.3. Industrial

6.3.4. Others

Chapter 7. Global Magnetic Sensor Market, Regional Analysis

7.1. Magnetic Sensor Market , Regional Market Snapshot

7.2. North America Magnetic Sensor Market

7.2.1. U.S. Magnetic Sensor Market

7.2.1.1. Technology breakdown estimates & forecasts, 2018-2027

7.2.1.2. Application breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Magnetic Sensor Market

7.3. Europe Magnetic Sensor Market Snapshot

7.3.1. U.K. Magnetic Sensor Market

7.3.2. Germany Magnetic Sensor Market

7.3.3. France Magnetic Sensor Market

7.3.4. Spain Magnetic Sensor Market

7.3.5. Italy Magnetic Sensor Market

7.3.6. Rest of Europe Magnetic Sensor Market

7.4. Asia-Pacific Magnetic Sensor Market Snapshot

7.4.1. China Magnetic Sensor Market

7.4.2. India Magnetic Sensor Market

7.4.3. Japan Magnetic Sensor Market

7.4.4. Australia Magnetic Sensor Market

7.4.5. South Korea Magnetic Sensor Market

7.4.6. Rest of Asia Pacific Magnetic Sensor Market

7.5. Latin America Magnetic Sensor Market Snapshot

7.5.1. Brazil Magnetic Sensor Market

7.5.2. Mexico Magnetic Sensor Market

7.6. Rest of The World Magnetic Sensor Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Alps Electric Co. Ltd

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Asahi Kasei Baumer Ltd.

8.2.3. Elmos Semiconductor AG

8.2.4. Honeywell International, Inc.

8.2.5. Allegro Microsystems, Inc.

8.2.6. Memsic Corporation

8.2.7. MultiDimension Technology Co. Ltd

8.2.8. Microdevices Corporation

8.2.9. Magnetic Sensors Corporation

8.2.10. NXP Semiconductors

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 2. Global Magnetic Sensor Market , report scope

TABLE 3. Global Magnetic Sensor Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Magnetic Sensor Market estimates & forecasts by Technology 2018-2027 (USD Billion)

TABLE 5. Global Magnetic Sensor Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 6. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Magnetic Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Magnetic Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. U.S. Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Canada Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Canada Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Canada Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. UK Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. UK Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. UK Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. Germany Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. Germany Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. Germany Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. France Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. France Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. France Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Spain Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Spain Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Spain Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Italy Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. Italy Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Italy Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. ROE Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. ROE Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. ROE Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. China Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. China Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. China Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. India Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. India Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. India Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Japan Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Japan Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Japan Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Australia Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 56. Australia Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Australia Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. South Korea Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 59. South Korea Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. South Korea Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. ROPAC Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 62. ROPAC Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. ROPAC Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. Brazil Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 65. Brazil Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Brazil Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Mexico Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 68. Mexico Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Mexico Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. ROLA Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 71. ROLA Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROLA Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROW Magnetic Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 74. ROW Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROW Magnetic Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. List of secondary sources used in the study of global Magnetic Sensor Market .

TABLE 77. List of primary sources used in the study of global Magnetic Sensor Market .

TABLE 78. Years considered for the study.

TABLE 79. Exchange rates considered.

 
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