Magnetic Sensor Market Size By Technology, By Application, By End-Use, Application Potential, Competitive Market Share & Forecast, 2023

Description

Magnetic Sensors Market is set to experience robust growth through 2032 owing to the increasing demand for smart home devices in developing nations. The market growth is further credited to the rising demand for smart home devices such as service robots, smart door locks, wireless security systems, and other home appliances. Besides, the rising vehicle electrification with high-quality sensors and demand for safety equipment will support the market growth during the forecast period.

Furthermore, the current key competitors in the market are focusing on product innovation and expanding their portfolio, which is expected to drive the demand through the stipulated timeframe. For instance, in December 2022, Melexis, the global semiconductor manufacturing firm unveiled the MLX90376, a magnetic position sensor capable of handling 360° rotary automotive applications. It can also be integrated up to ASIL D level functional safety, for valve and steering applications.

Overall, the magnetic sensors market has been bifurcated in terms of technology, application, end-use, and region.

In terms of technology, the market is likely to be characterized by the hall-effect segment, which held a market share of more than 50% in 2021 in North America. Since hall-effect magnetic sensors are ideal for automotive applications, their demand is anticipated to rise between 2023 and 2032 for detecting speed, position, and distance.

In terms of application, the speed sensing segment was valued at over USD 1 billion in 2022. The segment is expected to grow significantly through the estimated timespan, owing to the rising adoption of virtual reality, hall-effect, and proximity magnetic sensors, which are used for the measurement of speed sensing. While hall-effect sensors are mainly used in automotive applications, VR sensors are increasingly adopted in military, aerospace, and railroad applications, which will also fuel the market demand.

In the context of end-use, the magnetic sensors market has been defined through the consumer electronics segment, which was valued at more than USD 500 million in 2022. Within the consumer electronics segment, there is an increasing adoption of magnetic sensors in a range of devices including smartphones, VR and AR, and gaming consoles, which will drive the market demand. In addition, with the rising trend for 'work-from-home', there is an increased consumption of laptops and smartphones, which will also impact the market positively.

In the regional landscape, the magnetic sensors market will witness exponential growth in the Asia Pacific region. The growth in the demand for magnetic sensors in this region can be attributed to the favorable government initiatives, which are aimed at accelerating the safety and protection of the development of the semiconductor and electronics industry and environmental issues in the region.

Product Code: 2994

Chapter 1 Methodology & Scope

1.1 Scope and definition
1.2 Methodology & forecast parameters
1.3 COVID-19 impact
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
1.4 Data Sources
- 1.4.1 Secondary
  - 1.4.1.1 Paid sources
  - 1.4.1.2 Public sources
- 1.4.2 Primary
1.5 Industry Glossary

Chapter 2 Executive Summary

2.1 Magnetic sensor industry 360 degree snapshots, 2018-2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Technology trends
2.5 Application trends
2.6 End-use trends

Chapter 3 Magnetic Sensor Industry Insights

3.1 Introduction
3.2 COVID-19 impact
- 3.2.1 Global outlook
- 3.2.2 Impact by region
  - 3.2.2.1 North America
  - 3.2.2.2 Europe
  - 3.2.2.3 Asia Pacific
  - 3.2.2.4 Latin America
  - 3.2.2.5 MEA
3.3 Russia-Ukraine war impact
3.4 Impact of U.S & China trade war
3.5 Magnetic sensor industry ecosystem analysis
- 3.5.1 Suppliers
- 3.5.2 Manufacturers
- 3.5.3 Distribution channel analysis
- 3.5.4 End use landscape
- 3.5.5 Vendor matrix
3.6 Profit margin analysis, 2022
3.7 Technology & innovation landscape
- 3.7.1 3D magnetic sensor technology
- 3.7.2 Evolution of squid sensors
3.8 Patent landscape
3.9 Key initiative & news
3.10 Regulatory landscape
- 3.10.1 International
- 3.10.2 North America
- 3.10.3 Europe
- 3.10.4 Asia Pacific
- 3.10.5 Latin America
- 3.10.6 MEA
3.11 Industry impact forces
- 3.11.1 Growth drivers
  - 3.11.1.1 Proliferation of magnetic sensors in robotics and factory automation applications
  - 3.11.1.2 Surge in deployment of magnetic sensors in space applications
  - 3.11.1.3 Rising adoption of TMR technology in industrial applications
  - 3.11.1.4 Increasing consumer electronics industry in Asia-Pacific
  - 3.11.1.5 Development of 3D magnetic sensor
  - 3.11.1.6 Rising applications of magnetic sensors in automotive applications
- 3.11.2 Industry pitfalls & challenges
  - 3.11.2.1 Effect of external factors on measurement accuracy
  - 3.11.2.2 Sustainability issues in extreme environmental conditions
3.12 Investment portfolio
3.13 Growth potential analysis
3.14 Porter's analysis
- 3.14.1 Threat of new entrant
- 3.14.2 Bargaining power of supplier
- 3.14.3 Bargaining power of buyer
- 3.14.4 Threat of substitution
- 3.14.5 Competitive rivalry
3.15 PESTEL analysis
- 3.15.1 Political
- 3.15.2 Economical
- 3.15.3 Social
- 3.15.4 Technological
- 3.15.5 Legal
- 3.15.6 Environmental

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Completive analysis of key market players, 2022
- 4.3.1 Allegro Microsystems Inc.
- 4.3.2 Infineon Technologies
- 4.3.3 Asahi Kasei Microdevices Corporation
- 4.3.4 STMicroelectronics
- 4.3.5 AMS AG
4.4 Completive analysis of innovative players, 2022
- 4.4.1 Amphenol Corporation
- 4.4.2 Analog Devices Inc.
- 4.4.3 Texas Instruments Inc.
- 4.4.4 Littelfuse Inc.
- 4.4.5 NXP Semiconductors Ltd.
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Magnetic Sensor Market, By Technology (Revenue & Shipment)

5.1 Key trends, by technology
5.2 Hall- effect
- 5.2.1 Market estimates and forecast, 2018-2032
5.3 AMR
- 5.3.1 Market estimates and forecast, 2018-2032
5.4 GMR
- 5.4.1 Market estimates and forecast, 2018-2032
5.5 TMR
- 5.5.1 Market estimates and forecast, 2018-2032
5.6 Others
- 5.6.1 Market estimates and forecast, 2018-2032

Chapter 6 Magnetic Sensor Market, By Application (Revenue & Shipment)

6.1 Key trends, by application
6.2 Speed sensing
- 6.2.1 Market estimates and forecast, 2018-2032
6.3 Position sensing
- 6.3.1 Market estimates and forecast, 2018-2032
6.4 Detection/NDT
- 6.4.1 Market estimates and forecast, 2018-2032
6.5 Navigation & electronic compass
- 6.5.1 Market estimates and forecast, 2018-2032
6.6 Others
- 6.6.1 Market estimates and forecast, 2018-2032

Chapter 7 Magnetic Sensor Market, By End-Use (Revenue & Shipment)

7.1 Key trends, by end-use
7.2 Aerospace
- 7.2.1 Market estimates and forecast, 2018-2032
- 7.2.2 Market estimates and forecast, by application, 2018-2032
7.3 Automotive
- 7.3.1 Market estimates and forecast, 2018-2032
- 7.3.2 Market estimates and forecast, by application, 2018-2032
7.4 Consumer electronics
- 7.4.1 Market estimates and forecast, 2018-2032
- 7.4.2 Market estimates and forecast, by application, 2018-2032
7.5 Industrial
- 7.5.1 Market estimates and forecast, 2018-2032
- 7.5.2 Market estimates and forecast, by application, 2018-2032
7.6 Others
- 7.6.1 Market estimates and forecast, 2018-2032
- 7.6.2 Market estimates and forecast, by application, 2018-2032

Chapter 8 Magnetic Sensor Market, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 Market estimates and forecast, 2018-2032
- 8.2.2 Market estimates and forecast, by technology, 2018-2032
- 8.2.3 Market estimates and forecast, by application, 2018-2032
- 8.2.4 Market estimates and forecast, by end-use, 2018-2032
  - 8.2.4.1 Market estimates and forecast, by application, 2018-2032
- 8.2.5 U.S.
  - 8.2.5.1 Market estimates and forecast, 2018-2032
  - 8.2.5.2 Market estimates and forecast, by technology, 2018-2032
  - 8.2.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.2.5.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.2.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.2.6 Canada
  - 8.2.6.1 Market estimates and forecast, 2018-2032
  - 8.2.6.2 Market estimates and forecast, by technology, 2018-2032
  - 8.2.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.2.6.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.2.6.4.1 Market estimates and forecast, by application, 2018-2032
8.3 Europe
- 8.3.1 Market estimates and forecast, 2018-2032
- 8.3.2 Market estimates and forecast, by technology, 2018-2032
- 8.3.3 Market estimates and forecast, by application, 2018-2032
- 8.3.4 Market estimates and forecast, by end-use, 2018-2032
  - 8.3.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.5 Germany
  - 8.3.5.1 Market estimates and forecast, 2018-2032
  - 8.3.5.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.5.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.6 U.K
  - 8.3.6.1 Market estimates and forecast, 2018-2032
  - 8.3.6.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.6.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.6.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.7 France
  - 8.3.7.1 Market estimates and forecast, 2018-2032
  - 8.3.7.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.7.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.7.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.7.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.8 Italy
  - 8.3.8.1 Market estimates and forecast, 2018-2032
  - 8.3.8.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.8.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.8.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.8.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.9 Spain
  - 8.3.9.1 Market estimates and forecast, 2018-2032
  - 8.3.9.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.9.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.9.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.9.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.10 Poland
  - 8.3.10.1 Market estimates and forecast, 2018-2032
  - 8.3.10.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.10.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.10.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.10.4.1 Market estimates and forecast, by application, 2018-2032
- 8.3.11 Switzerland
  - 8.3.11.1 Market estimates and forecast, 2018-2032
  - 8.3.11.2 Market estimates and forecast, by technology, 2018-2032
  - 8.3.11.3 Market estimates and forecast, by application, 2018-2032
  - 8.3.11.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.3.11.4.1 Market estimates and forecast, by application, 2018-2032
8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018-2032
- 8.4.2 Market estimates and forecast, by technology, 2018-2032
- 8.4.3 Market estimates and forecast, by application, 2018-2032
- 8.4.4 Market estimates and forecast, by end-use, 2018-2032
  - 8.4.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.5 China
  - 8.4.5.1 Market estimates and forecast, 2018-2032
  - 8.4.5.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.5.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.6 India
  - 8.4.6.1 Market estimates and forecast, 2018-2032
  - 8.4.6.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.6.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.6.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.7 Japan
  - 8.4.7.1 Market estimates and forecast, 2018-2032
  - 8.4.7.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.7.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.7.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.7.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.8 South Korea
  - 8.4.8.1 Market estimates and forecast, 2018-2032
  - 8.4.8.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.8.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.8.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.8.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.9 Thailand
  - 8.4.9.1 Market estimates and forecast, 2018-2032
  - 8.4.9.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.9.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.9.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.9.4.1 Market estimates and forecast, by application, 2018-2032
- 8.4.10 Taiwan
  - 8.4.10.1 Market estimates and forecast, 2018-2032
  - 8.4.10.2 Market estimates and forecast, by technology, 2018-2032
  - 8.4.10.3 Market estimates and forecast, by application, 2018-2032
  - 8.4.10.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.4.10.4.1 Market estimates and forecast, by application, 2018-2032
8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018-2032
- 8.5.2 Market estimates and forecast, by technology, 2018-2032
- 8.5.3 Market estimates and forecast, by application, 2018-2032
- 8.5.4 Market estimates and forecast, by end-use, 2018-2032
  - 8.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.5.5 Brazil
  - 8.5.5.1 Market estimates and forecast, 2018-2032
  - 8.5.5.2 Market estimates and forecast, by technology, 2018-2032
  - 8.5.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.5.5.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.5.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.5.6 Mexico
  - 8.5.6.1 Market estimates and forecast, 2018-2032
  - 8.5.6.2 Market estimates and forecast, by technology, 2018-2032
  - 8.5.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.5.6.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.5.6.4.1 Market estimates and forecast, by application, 2018-2032
8.6 MEA
- 8.6.1 Market estimates and forecast, 2018-2032
- 8.6.2 Market estimates and forecast, by technology, 2018-2032
- 8.6.3 Market estimates and forecast, by application, 2018-2032
- 8.6.4 Market estimates and forecast, by end-use, 2018-2032
  - 8.6.4.1 Market estimates and forecast, by application, 2018-2032
- 8.6.5 Saudi Arabia
  - 8.6.5.1 Market estimates and forecast, 2018-2032
  - 8.6.5.2 Market estimates and forecast, by technology, 2018-2032
  - 8.6.5.3 Market estimates and forecast, by application, 2018-2032
  - 8.6.5.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.6.5.4.1 Market estimates and forecast, by application, 2018-2032
- 8.6.6 South Arica
  - 8.6.6.1 Market estimates and forecast, 2018-2032
  - 8.6.6.2 Market estimates and forecast, by technology, 2018-2032
  - 8.6.6.3 Market estimates and forecast, by application, 2018-2032
  - 8.6.6.4 Market estimates and forecast, by end-use, 2018-2032
    - 8.6.6.4.1 Market estimates and forecast, by application, 2018-2032

Chapter 9 Company Profiles

9.1 ABLIC Inc.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
9.2 Allegro Microsystems Inc.
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
9.3 Alps Alpine Co., Ltd.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
9.4 Amphenol Corporation
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
9.5 AMS AG
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
9.6 Asahi Kasei Microdevices Corporation
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
9.7 COTO Technology Inc.
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
9.8 Crocus Technology
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
9.9 Diodes Incorporated
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
9.10 Honeywell International
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
9.11 iC- Haus
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
9.12 Infineon Technologies AG
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
9.13 Littelfuse Inc.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
9.14 Melexis
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
9.15 MEMSIC Inc.
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
9.16 Monolithic Power Systems
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
9.17 MultiDimension Technology Co.Ltd.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
9.18 NVE Corporation
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
9.19 NXP Semiconductors N.V.
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Strategic Outlook
- 9.19.5 SWOT Analysis
9.20 Omron Corporation
- 9.20.1 Business Overview
- 9.20.2 Financial Data
- 9.20.3 Product Landscape
- 9.20.4 Strategic Outlook
- 9.20.5 SWOT Analysis
9.21 RLS D.o.o.
- 9.21.1 Business Overview
- 9.21.2 Financial Data
- 9.21.3 Product Landscape
- 9.21.4 Strategic Outlook
- 9.21.5 SWOT Analysis
9.22 Sensata Technologies Inc.
- 9.22.1 Business Overview
- 9.22.2 Financial Data
- 9.22.3 Product Landscape
- 9.22.4 Strategic Outlook
- 9.22.5 SWOT Analysis
9.23 Silicon Laboratories Inc.
- 9.23.1 Business Overview
- 9.23.2 Financial Data
- 9.23.3 Product Landscape
- 9.23.4 Strategic Outlook
- 9.23.5 SWOT Analysis
9.24 Taiwan Semiconductors Co. Ltd.,
- 9.24.1 Business Overview
- 9.24.2 Financial Data
- 9.24.3 Product Landscape
- 9.24.4 Strategic Outlook
- 9.24.5 SWOT Analysis
9.25 TE Connectivity
- 9.25.1 Business Overview
- 9.25.2 Financial Data
- 9.25.3 Product Landscape
- 9.25.4 Strategic Outlook
- 9.25.5 SWOT Analysis
9.26 TT Electronics
- 9.26.1 Business Overview
- 9.26.2 Financial Data
- 9.26.3 Product Landscape
- 9.26.4 Strategic Outlook
- 9.26.5 SWOT Analysis

Magnetic Sensor Market Size By Technology, By Application, By End-Use, Application Potential, Competitive Market Share & Forecast, 2023 - 2032