Magnetic Field Sensor Market Research Report - Global Forecast to 2027

Magnetic Field Sensor Market Research Report, By Type (Hall Effect Sensors), Range (1 Micro gauss, 1 Micro gauss–10 Gauss), Applications(Speed Sensing, Flow Rate Sensing), End-User - Forecast to 2027

ID: MRFR/SEM/3551-HCR | February 2021 | Region: Global | 100 pages

Market Scenario: Companies such as Honeywell International Inc. (U.S.), Analog Devices, Inc. (U.S.), TDK Corporation (Japan), AMS AG (Austria), Robert Bosch GmbH (Germany), Infineon Technologies (Germany), are the leading providers of magnetic field sensor solution in the global market. On September 27, 2017, Tower Semiconductor Ltd. and Crocus Technology announced about their product expansion in magnetic sensors market which includes magnetic transducers that sense magnetic field and are widely used in modern industries and electronics.


The emergence of wearable technologies and the increasing role of magnetic flux sensors in applications are few driving factors for the growth of magnetic field sensor market. Wearable technologies are widely used in consumer electronics devices. Additionally, penetration of MEMS technology is propelling the market growth of magnetic field sensor. These MEMS technologies are widely used in various sectors such as automotive, industrial, consumer electronics, medical, aerospace, defense, and others.


Segmentation Of Magnetic Field Sensor Market:: The global magnetic field sensor market is segmented into type, range, applications, end-users, and region. The type is further segmented into Hall Effect sensors, magneto resistive sensors, SQUID sensors, fluxgate sensors, and others. Further, the Hall Effect sensors is sub-segmented anisotropic magneto resistive sensors, giant magneto resistive sensors, tunnel magneto resistive sensors and others. The magneto resistive sensors is sub-segmented into hall elements, hall ICs and others. And, the SQUID sensors is sub-segmented low-temperature SQUID, high-temperature SQUID and others. The range are segmented into <1 micro gauss (Low-Field Sensors), 1 micro gauss–10 Gauss (Earth Field Sensors), >10 Gauss (BIAS Magnetic Field Sensors) consoles. The application segment is sub-segmented into speed sensing, flow rate sensing, detection, position sensing, navigation and electronic compass and others. Whereas, the end users segment is sub-segmented transportation, consumer electronics, BFSI, healthcare, aerospace & defense, industrial and others sectors. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.


The regional analysis of magnetic field sensor market is studied for regions such as Asia Pacific (China, Japan, India), North America (the U.S., Mexico, Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The magnetic field sensor market in this region has a huge demand due to the growing investment in smart devices, which is propelling the market growth to a large extent. The magnetic field sensor market in Europe is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging magnetic field sensor market, which is expected to grow at the highest CAGR in the coming years.


The global magnetic field sensor market is expected to grow at USD ~6 billion by 2023 at a CAGR of ~8% during the forecast period 2017-2023.


Global Magnetic Field Sensor Market: Magnetic Field Sensor Market.


Key Players: Some of the prominent players in the global magnetic field sensor market Asahi Kasei MicroDevices (Japan), MEMSIC Inc. (U.S.), Honeywell International Inc. (U.S.), Allegro MicroSystems, LLC (U.S.), Analog Devices, Inc. (U.S.), TDK Corporation (Japan), ams AG (Austria), Robert Bosch GmbH (Germany), Infineon Technologies (Germany), Tower Semiconductor Ltd. (Israel), Crocus Technology (U.S), TE Connectivity Ltd. (Switzerland), MELEXIX N.V (Belgium), Sanken Electric Co., Ltd. (Japan),  NXP Semiconductors N.V (Netherlands), Kohshin Electric (Japan), NVE Corporation (U.S), PASCO Corporations (Japan), among others.


  Intended Audience:



  • Magnetic field sensor  companies

  • Magnetic field sensor  providers

  • Technical universities

  • System integrators

  • Managed Security Service Providers

  • Professional service providers

  • Research and development companies

  • Market research and consulting firms

  • Solution providers

  • Technology standards organizations

  • Technology investors

  • System Integrators



Frequently Asked Questions (FAQ) :


Global magnetic field sensor market is projected to grow at approximately 8% CAGR during the assessment period (2017-2023).

The valuation of the global magnetic field sensor market is estimated to increase to approximately USD 6 BN by the end of 2023.

Emergence of wearable technologies, the increasing role of magnetic flux sensors in applications, and the penetration of MEMS technology are major tailwinds pushing the growth of the global magnetic field sensor market.

MEMSIC Inc. (U.S.), Asahi Kasei MicroDevices (Japan), Honeywell International Inc. (U.S.), Analog Devices, Inc. (U.S.), Allegro MicroSystems, LLC (U.S.), TDK Corporation (Japan), Robert Bosch GmbH (Germany), AMS AG (Austria), Infineon Technologies (Germany), Crocus Technology (U.S), Tower Semiconductor Ltd. (Israel), TE Connectivity Ltd. (Switzerland), Sanken Electric Co., Ltd. (Japan), MELEXIX N.V (Belgium), NXP Semiconductors N.V (Netherlands), NVE Corporation (U.S), Kohshin Electric (Japan), and PASCO Corporations (Japan), are some of the top players operating in the global magnetic field sensor market.

North America is expected to hold the highest market share in the global magnetic field sensor market.

Table of Contents

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Magnetic Field Sensor Market, by Type

1.1.2. Global Magnetic Field Sensor Market, by Range

1.1.3. Global Magnetic Field Sensor Market, by Application

1.1.4. Global Magnetic Field Sensor Market, by End-User

1.1.5. Global Magnetic Field Sensor Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Increasing growth in consumer electronics segment

4.2.2. Growth in automotive industry

4.2.3. Drivers Impact Analysis

4.3. Restraints

4.3.1. Inconsistent magnetic field strength and other technological limitations

4.3.2. Restraints Impact Analysis

4.4. Opportunities

4.4.1. Increasing demand for hybrid and electric vehicles

4.5. Covid-19 Impact Analysis

4.5.1. Impact on Semiconductor Manufacturers

4.5.2. Impact on Component Manufacturers

4.5.3. Impact on Device Manufacturers

4.5.4. Covid-19 Impact on Supply Chain Delays

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

6. GLOBAL MAGNETIC FIELD SENSOR MARKET, BY TYPE

6.1. Introduction

6.2. Hall Effect Sensors

6.2.1. Market Estimates & Forecast, 2018–2026

6.3. Magneto Resistive Sensors

6.3.1. Market Estimates & Forecast, 2018–2026

6.4. Squid Sensors

6.4.1. Market Estimates & Forecast, 2018–2026

6.5. Fluxgate Sensors

6.5.1. Market Estimates & Forecast, 2018–2026

6.6. Others

6.6.1. Market Estimates & Forecast, 2018–2026

7. GLOBAL MAGNETIC FIELD SENSOR MARKET, BY RANGE

7.1. Introduction

7.2. <1 Microgauss

7.2.1. Market Estimates & Forecast, 2018–2026

7.3. 1 Microgauss–10 Gauss

7.3.1. Market Estimates & Forecast, 2018–2026

7.4. >10 Gauss

7.4.1. Market Estimates & Forecast, 2018–2026

8. GLOBAL MAGNETIC FIELD SENSOR MARKET, BY APPLICATION

8.1. Introduction

8.2. Speed Sensing

8.2.1. Market Estimates & Forecast, 2018–2026

8.3. Flow Rate Sensing

8.3.1. Market Estimates & Forecast, 2018–2026

8.4. Position Sensing

8.4.1. Market Estimates & Forecast, 2018–2026

8.5. Navigation

8.5.1. Market Estimates & Forecast, 2018–2026

8.6. Electronic Compass

8.6.1. Market Estimates & Forecast, 2018–2026

9. GLOBAL MAGNETIC FIELD SENSOR MARKET, BY END-USER

9.1. Introduction

9.2. BFSI

9.2.1. Market Estimates & Forecast, 2018–2026

9.3. Transportation

9.3.1. Market Estimates & Forecast, 2018–2026

9.4. Consumer Electronics

9.4.1. Market Estimates & Forecast, 2018–2026

9.5. Healthcare

9.5.1. Market Estimates & Forecast, 2018–2026

9.6. Aerospace & Defense

9.6.1. Market Estimates & Forecast, 2018–2026

9.7. Others

9.7.1. Market Estimates & Forecast, 2018–2026

10. GLOBAL MAGNETIC FIELD SENSOR MARKET, BY REGION

10.1. Introduction

10.2. North America

10.2.1. Market Estimates & Forecast, By Country, 2018–2026

10.2.2. Market Estimates & Forecast, By Type, 2018–2026

10.2.3. Market Estimates & Forecast, By Range, 2018–2026

10.2.4. Market Estimates & Forecast, By Application, 2018–2026

10.2.5. Market Estimates & Forecast, By End-User, 2018–2026

10.2.6. US

10.2.6.1. Market Estimates & Forecast, By Type, 2018–2026

10.2.6.2. Market Estimates & Forecast, By Range, 2018–2026

10.2.6.3. Market Estimates & Forecast, By Application, 2018–2026

10.2.6.4. Market Estimates & Forecast, By End-User, 2018–2026

10.2.7. Canada

10.2.7.1. Market Estimates & Forecast, By Type, 2018–2026

10.2.7.2. Market Estimates & Forecast, By Range, 2018–2026

10.2.7.3. Market Estimates & Forecast, By Application, 2018–2026

10.2.7.4. Market Estimates & Forecast, By End-User, 2018–2026

10.2.8. Mexico

10.2.8.1. Market Estimates & Forecast, By Type, 2018–2026

10.2.8.2. Market Estimates & Forecast, By Range, 2018–2026

10.2.8.3. Market Estimates & Forecast, By Application, 2018–2026

10.2.8.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3. Europe

10.3.1. Market Estimates & Forecast, By Country, 2018–2026

10.3.2. Market Estimates & Forecast, By Type, 2018–2026

10.3.3. Market Estimates & Forecast, By Range, 2018–2026

10.3.4. Market Estimates & Forecast, By Application, 2018–2026

10.3.5. Market Estimates & Forecast, By End-User, 2018–2026

10.3.6. UK

10.3.6.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.6.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.6.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.6.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3.7. Germany

10.3.7.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.7.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.7.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.7.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3.8. France

10.3.8.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.8.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.8.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.8.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3.9. Italy

10.3.9.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.9.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.9.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.9.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3.10. Spain

10.3.10.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.10.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.10.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.10.4. Market Estimates & Forecast, By End-User, 2018–2026

10.3.11. Rest of Europe

10.3.11.1. Market Estimates & Forecast, By Type, 2018–2026

10.3.11.2. Market Estimates & Forecast, By Range, 2018–2026

10.3.11.3. Market Estimates & Forecast, By Application, 2018–2026

10.3.11.4. Market Estimates & Forecast, By End-User, 2018–2026

10.4. Asia-Pacific

10.4.1. Market Estimates & Forecast, By Country, 2018–2026

10.4.2. Market Estimates & Forecast, By Type, 2018–2026

10.4.3. Market Estimates & Forecast, By Range, 2018–2026

10.4.4. Market Estimates & Forecast, By Application, 2018–2026

10.4.5. Market Estimates & Forecast, By End-User, 2018–2026

10.4.6. Japan

10.4.6.1. Market Estimates & Forecast, By Type, 2018–2026

10.4.6.2. Market Estimates & Forecast, By Range, 2018–2026

10.4.6.3. Market Estimates & Forecast, By Application, 2018–2026

10.4.6.4. Market Estimates & Forecast, By End-User, 2018–2026

10.4.7. China

10.4.7.1. Market Estimates & Forecast, By Type, 2018–2026

10.4.7.2. Market Estimates & Forecast, By Range, 2018–2026

10.4.7.3. Market Estimates & Forecast, By Application, 2018–2026

10.4.7.4. Market Estimates & Forecast, By End-User, 2018–2026

10.4.8. India

10.4.8.1. Market Estimates & Forecast, By Type, 2018–2026

10.4.8.2. Market Estimates & Forecast, By Range, 2018–2026

10.4.8.3. Market Estimates & Forecast, By Application, 2018–2026

10.4.8.4. Market Estimates & Forecast, By End-User, 2018–2026

10.4.9. South Korea

10.4.9.1. Market Estimates & Forecast, By Type, 2018–2026

10.4.9.2. Market Estimates & Forecast, By Range, 2018–2026

10.4.9.3. Market Estimates & Forecast, By Application, 2018–2026

10.4.9.4. Market Estimates & Forecast, By End-User, 2018–2026

10.4.10. Rest of Asia-Pacific

10.4.10.1. Market Estimates & Forecast, By Type, 2018–2026

10.4.10.2. Market Estimates & Forecast, By Range, 2018–2026

10.4.10.3. Market Estimates & Forecast, By Application, 2018–2026

10.4.10.4. Market Estimates & Forecast, By End-User, 2018–2026

10.5. Rest of the World

10.5.1. Market Estimates & Forecast, By Country, 2018–2026

10.5.2. Market Estimates & Forecast, By Type, 2018–2026

10.5.3. Market Estimates & Forecast, By Range, 2018–2026

10.5.4. Market Estimates & Forecast, By Application, 2018–2026

10.5.5. Market Estimates & Forecast, By End-User, 2018–2026

10.5.6. Middle East & Africa

10.5.6.1. Market Estimates & Forecast, By Type, 2018–2026

10.5.6.2. Market Estimates & Forecast, By Range, 2018–2026

10.5.6.3. Market Estimates & Forecast, By Application, 2018–2026

10.5.6.4. Market Estimates & Forecast, By End-User, 2018–2026

10.5.7. Central & South America

10.5.7.1. Market Estimates & Forecast, By Type, 2018–2026

10.5.7.2. Market Estimates & Forecast, By Range, 2018–2026

10.5.7.3. Market Estimates & Forecast, By Application, 2018–2026

10.5.7.4. Market Estimates & Forecast, By End-User, 2018–2026

11. COMPETITIVE LANDSCAPE

11.1. Introduction

11.2. Competitive Benchmarking

11.3. Key Developments & Growth Strategies

11.4. Market Share Analysis, 2019 (%)

12. COMPANY PROFILES

12.1. Asahi Kasei MicroDevices

12.1.1. Company Overview

12.1.2. Financial Overview

12.1.3. Products/Solution/Services Offered

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. MEMSIC Inc.

12.2.1. Company Overview

12.2.2. Financial Overview

12.2.3. Products/Solution/Services Offered

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. Honeywell International Inc.

12.3.1. Company Overview

12.3.2. Financial Overview

12.3.3. Products/Solution/Services Offered

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Allegro MicroSystems, LLC

12.4.1. Company Overview

12.4.2. Financial Overview

12.4.3. Products/Solution/Services Offered

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. Analog Devices, Inc

12.5.1. Company Overview

12.5.2. Financial Overview

12.5.3. Products/Solution/Services Offered

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. TDK Corporation

12.6.1. Company Overview

12.6.2. Financial Overview

12.6.3. Products/Solution/Services Offered

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. Ams AG

12.7.1. Company Overview

12.7.2. Financial Overview

12.7.3. Products/Solution/Services Offered

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Robert Bosch GmbH

12.8.1. Company Overview

12.8.2. Financial Overview

12.8.3. Products/Solution/Services Offered

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. Infineon Technologies

12.9.1. Company Overview

12.9.2. Financial Overview

12.9.3. Products/Solution/Services Offered

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Tower Semiconductor Ltd

12.10.1. Company Overview

12.10.2. Financial Overview

12.10.3. Products/Solution/Services Offered

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. Crocus Technology

12.11.1. Company Overview

12.11.2. Financial Overview

12.11.3. Products/Solution/Services Offered

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. TE Connectivity Ltd

12.12.1. Company Overview

12.12.2. Financial Overview

12.12.3. Products/Solution/Services Offered

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. MELEXIX N.V

12.13.1. Company Overview

12.13.2. Financial Overview

12.13.3. Products/Solution/Services Offered

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

12.14. NXP Semiconductors N.V

12.14.1. Company Overview

12.14.2. Financial Overview

12.14.3. Products/Solution/Services Offered

12.14.4. Key Developments

12.14.5. SWOT Analysis

12.14.6. Key Strategies

12.15. PASCO Corporations

12.15.1. Company Overview

12.15.2. Financial Overview

12.15.3. Products/Solution/Services Offered

12.15.4. Key Developments

12.15.5. SWOT Analysis

12.15.6. Key Strategies

12.16. NVE Corporation

12.16.1. Company Overview

12.16.2. Financial Overview

12.16.3. Products/Solution/Services Offered

12.16.4. Key Developments

12.16.5. SWOT Analysis

12.16.6. Key Strategies

PLEASE NOTE: The financial details of the company cannot be provided if the information is not available in the public domain and or from reliable sources.