Magnetic Field Sensors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1716 | Report Format : | Status : Upcoming |

Abstract

Global Magnetic Field Sensors Market: Overview

Magnetic field sensor is a device, which is used to measure and detect magnetic field around permanent magnets, coil, and the electrical device. It consists of rotating sensor tip which helps in measuring both longitudinal and transverse magnetic fields around the objects. Magnetic field sensor measures strong and weak magnetic fields. The field around permanent magnets is a strong magnetic field and a weak magnetic field is Earth’s magnetic field. Magnetic field sensors are broadly used in various safety systems that include anti-lock braking systems, steering angle sensing, electronic stability control, and force and torque sensing. Magnetic field sensors have a wide range of uses in various industries such as consumer electronics industry, homeland security, healthcare, and military & defense.

Global Magnetic Field Sensors Market: Growth Factors

The motivation by the government for using the eco-friendly vehicle and smartphone proliferation at every corner of the world are factors that anticipate fueling the magnetic field sensors market growth. Recent advancement in the field of automobile infotainment systems and the increasing need to integrate safety function in vehicles is expected to open up new growth opportunities in the market. The constant demand for computing peripherals and gaming consoles fuels the market growth. E-compass is gaining popularity as it enhances user navigation thus positively impacting the magnetic field sensors market. Technological advancements and rising acceptance of the magnetic field sensors in the medical applications in emerging economies is anticipated to augment the market growth. However, distortion variation, temperature fluctuations, the inconsistency of the magnetic field sensor body, low-cost magnetic field sensors, and unavailability of aftermarket service are factors hampering the magnetic field sensors market growth.

Global Magnetic Field Sensors Market: Segmentation

The magnetic field sensors market is segmented based on the type, application, end-user industry, and range. The type segment is classified into fluxgate sensors, Hall-Effect sensors, squid sensors, magnetoresistive sensors, and others. Based on the application, the market is segmented into position sensing, flow rate sensing, navigation and electronic compass, proximity detection, and others. The end-user industry segment is divided into healthcare, automotive, industrial, consumer electronics, aerospace & defense, and others. On the basis of range, the market is bifurcated into >10 Gauss, <1 Microgauss, and 1 Microgauss–10 Gauss.

Global Magnetic Field Sensors Market: Regional Analysis

North America holds the largest market share in the magnetic field sensor market, which is followed by Europe and Asia-Pacific. Asia Pacific is the highest revenue-generating region for the magnetic field sensors. The booming market for tablets, cars, and smartphones are propelling the market for magnetic field sensors in Asia Pacific. India, South Korea, China, and Southeast Asian countries are contributing a high economic growth rate. The U.S. and Japan are emerging markets for magnetic field sensing technology. The automotive demand in India and China is encouraging the manufacturers to make higher investments. This is anticipated to fuel the magnetic field sensors market growth in the region.

Global Magnetic Field Sensors Market: Competitive Players

Key market competitors in the global magnetic field sensors market include Asahi Kasei Microdevices Corporation, Allegro MicroSystems Inc., Memsic Inc., Infineon, Melexis Microelectronic Systems, Robert Bosch GmbH., NXP Semiconductors, and Honeywell International.

Global Magnetic Field Sensors Market: Regional Segment Analysis 

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Hazardous Area Sensors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3610 | Report Format:

Global Hazardous Area Sensors Market: Overview The operation of electrical gear in dangerous or hazardous areas has been a significant issue since the beginning of the twentieth century. Due to the need to achieve precision and security in unstable zones and the implementation of governmental ru...Read More

Wireless Charging ICs Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3606 | Report Format:

Global Wireless Charging ICs Market: Overview Wireless charging technology comprises transmission of power to electrical devices, through an air gap for energy transfer. Wireless technology helps in the elimination of using physical cables and connectors. This technology provides reliable and sa...Read More

Commercial Satellite Imaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3579 | Report Format:

Global Commercial Satellite Imaging Market: Overview Satellite imagery is termed as the earth pictures or pictures of other planets taken by imaging satellites carrying their operations under the regulation and auspices of various governments and private businesses across the globe. Satellite im...Read More

Tunnel Automation Market by Component (Hardware, Software, and Services), by Tunnel Type (Railway Tunnel, Roadway Tunnel, and Others (Underwater Tunnel)), and by System (HVAC, Lighting & Power Supply Signalization, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024

Nov-2018 | Price : $ 4899.00 | Pages: 155 | Report Code: ZMR-3577 | Report Format:

The report covers a forecast and an analysis for the tunnel automation market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers, challenges, and restraints for the ...Read More

Harmonic Filter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3574 | Report Format:

Global Harmonic Filter Market: Overview Harmonic filters are the equipment that lessens harmonics to tolerable proportions. These instruments are generally used to reduce harmonic distortion to the levels described extensively in IEEE 519 - the IEEE Recommended Practice and Requirements forHarmo...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.