Magnetic Sensor Market Size & Share, by Application (Speed Sensing, Position Sensing, Detection/ Non-Destructive Testing, Navigation & Electronic Compass); Technology {Hall Effect, Anisotropic Magento Resistance (AMR), Giant Magneto Resistance (GMR)}; End-user (Automotive, Consumer Electronics, Industrial, Aerospace & Defense, Healthcare, Energy & Power) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4866
  • Published Date: Apr 30, 2023
  • Report Format: PDF, PPT

Companies Dominating the Magnetic Sensor Landscape

    • Allegro Microsystems, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Alps Alpine Co., Ltd.
    • Asahi Kasei Corporation
    • AMS Technologies AG
    • Baumer Holding AG
    • Crocus Technology International, Corp.
    • Elmos Semiconductor SE
    • Honeywell International, Inc
    • Infineon Technologies AG
    • NXP Semiconductors N.V.

Browse Key Market Insights with Data Illustration:


In The News

  •  Infineon Technologies AG has announced to add a new AMR-based angle sensor to its sensor range, with the goal of providing excellent accuracy in low magnetic fields. The XENSIV TLE109A16 product line is intended to meet the demand for extremely precise, quick, and cost-effective angle measurement
  • Allegro Microsystems, Inc. announced tha launch of A31316 3D Hall-effect position sensor, the latest addition to the company’s 3DMAG™ line of 3D sensors. This new sensor is suitable for automotive safety and advanced driver assistance systems (ADAS) applications that demand a significant amount of adaptability and dependable performance in harsh environments, such as powertrain and chassis applications

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 4866
  • Published Date: Apr 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for oil and energy, and the growing popularity of self-driving vehicles are the major factors driving the market growth.

The market size of magnetic sensor is anticipated to attain a CAGR of ~10.7% over the forecast period, i.e., 2023-2035.

The high cost of magnetic sensors, competition from other alternatives, and the environment affecting the result are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Allegro Microsystems, Inc., Alps Alpine Co., Ltd, Asahi Kasei Corporation, AMS Technologies AG, Baumer Holding Ltd., Crocus Technology International Corp, Elmos Semiconductor SE, Honeywell International, Inc., Infineon Technologies AG, and NXP Semiconductors N.V.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, technology, end use, and by region.

The energy & power segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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