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PUBLISHER: Grand View Research | PRODUCT CODE: 1750827
PUBLISHER: Grand View Research | PRODUCT CODE: 1750827
Magnetic Sensor Market Size, Share & Trends Analysis Report By Technology (Hall Effect, AMR, GMR, TMR), By Application (Automotive, Consumer Electronics), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2025 - 2030
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Magnetic Sensor Market Growth & Trends:
The global magnetic sensor market size is expected to reach USD 4.39 billion by 2030, registering a CAGR of 6.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing emphasis on automobile safety, coupled with steadily declining prices of sensors, has supported product demand. Integration of sophisticated technology in consumer electronics is also expected to drive the magnetic sensor market.
In addition to smartphones, magnetic sensors are being increasingly integrated into wearables such as fitness bands and smartwatches. The trend of embedding these components with giant magnetoresistance (GMR) films has gained a lot of importance. This procedure aids in detecting and reading data from microelectromechanical systems (MEMS), such as MRAMs, temporary memory processing units, and hard drives.
Sensors are being increasingly incorporated in automobiles to achieve fuel efficiency and ensure the safety and convenience of the occupants. Governments in several European countries are encouraging customers to adopt electric vehicles (EVs) to address the issue of air pollution. This, in turn, is driving demand for magnetic sensors, since they are integrated into EVs' power systems for monitoring supplementary motor inverters.
The Hall Effect technology is quite mature as compared to other sensing technologies. However, in spite of this, its application base continues to witness a steady increase, which can be attributed to continuous developments that still make it a preferred choice in several industry verticals.
Magnetic Sensor Market Report Highlights:
- Based on technology, the Hall effect segment held the largest market share of 29.0% in 2024. The TMR segment is projected to exhibit the fastest CAGR over the forecast period.
- Based on application, the automotive sector holds the major share in the market in 2024. The consumer electronics segment is anticipated to grow substantially during the forecast period.
- The North America magnetic sensor industry is anticipated to grow over the forecast period. The magnetic sensor industry in the U.S. is mature and technologically advanced, with sustained demand across automotive, aerospace, defense, and industrial applications.
- Asia Pacific magnetic sensor industry led globally with revenue share of 47.26% in 2024, which is attributed to the prospering automotive and consumer electronics manufacturing industries in the region, as well as the presence of prominent sensor manufacturers in China and Japan.
Product Code: 978-1-68038-161-0
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Magnetic Sensor Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Magnetic Sensor Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.3.1. Industry Analysis - Porter's
Chapter 4. Magnetic Sensor Market: Technology Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Magnetic Sensor Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hall Effect
- 4.3.1. Hall Effect Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 4.4. Anisotropic Magnetoresistance (AMR)
- 4.4.1. Anisotropic Magnetoresistance (AMR) Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 4.5. Giant Magnetoresistance (GMR)
- 4.5.1. Giant Magnetoresistance (GMR) Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 4.6. Tunnel Magnetoresistance (TMR)
- 4.6.1. Tunnel Magnetoresistance (TMR) Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 4.7. Others
- 4.7.1. Others Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
Chapter 5. Magnetic Sensor Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Magnetic Sensor Market: Application Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Automotive
- 5.3.1. Automotive Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 5.4. Consumer Electronics
- 5.4.1. Consumer Electronics Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 5.5. Industrial
- 5.5.1. Industrial Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 5.6. Others
- 5.6.1. Others Market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
Chapter 6. Magnetic Sensor Market: Regional Estimates & Trend Analysis
- 6.1. Magnetic Sensor Market Share, By Region, 2024 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.2.3. Canada
- 6.2.3.1. Canada Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.3. Europe
- 6.3.1. Europe Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.3.2. UK
- 6.3.2.1. UK Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.3.3. Germany
- 6.3.3.1. Germany Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.3.4. France
- 6.3.4.1. France Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4.2. China
- 6.4.2.1. China Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4.3. Japan
- 6.4.3.1. Japan Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4.4. India
- 6.4.4.1. India Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.4.6. Australia
- 6.4.6.1. Australia Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.5. Latin America
- 6.5.1. Latin America Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.6.2. UAE
- 6.6.2.1. UAE Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.6.3. KSA
- 6.6.3.1. KSA Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Magnetic Sensor Market Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Asahi Kasei Baumer Ltd.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Alps Alpine Co., Ltd.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. Elmos Semiconductor SE
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Honeywell International, Inc.
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Allegro MicroSystems, Inc.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. iC-Haus
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. MEMSIC Semiconductor Co., Ltd.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. MultiDimension Technology Co., Ltd.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. NVE Corporation
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. NXP Semiconductors
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.1. Asahi Kasei Baumer Ltd.
Product Code: 978-1-68038-161-0
List of Tables
- Table 1 Global Magnetic Sensor Market size estimates & forecasts 2018 - 2030 (USD Million, Million Units)
- Table 2 Global Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 3 Global Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 4 Global Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 5 Global Magnetic Sensor Market, by Industry 2018 - 2030 (USD Million, Million Units)
- Table 6 Hall Effect Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 7 Anisotropic Magnetoresistance (AMR) Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 8 Giant Magnetoresistance (GMR) Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 9 Tunnel Magnetoresistance (TMR) Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 10 Others Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 11 Automotive Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 12 Consumer Electronics Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 13 Industrial Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 14 Others Magnetic Sensor Market, by region 2018 - 2030 (USD Million, Million Units)
- Table 15 North America Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 16 North America Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 17 U.S. Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 18 U.S. Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 19 Canada Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 20 Canada Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 21 Mexico Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 22 Mexico Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 23 Europe Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 24 Europe Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 25 UK Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 26 UK Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 27 Germany Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 28 Germany Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 29 France Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 30 France Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 31 Asia Pacific Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 32 Asia Pacific Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 33 China Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 34 China Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 35 India Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 36 India Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 37 Japan Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 38 Japan Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 39 South Korea Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 40 South Korea Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 41 Australia Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 42 Australia Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 43 Latin America Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 44 Latin America Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 45 Brazil Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 46 Brazil Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 47 MEA Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 48 MEA Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 49 UAE Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 50 UAE Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 51 KSA Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 52 KSA Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
- Table 53 South Africa Magnetic Sensor Market, by Technology 2018 - 2030 (USD Million, Million Units)
- Table 54 South Africa Magnetic Sensor Market, by Application 2018 - 2030 (USD Million, Million Units)
List of Figures
- Fig. 1 Magnetic Sensor Market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 Magnetic Sensor Market snapshot
- Fig. 10 Magnetic Sensor Market segment snapshot
- Fig. 11 Magnetic Sensor Market competitive landscape snapshot
- Fig. 12 Market driver relevance analysis (Current & future impact)
- Fig. 13 Market restraint relevance analysis (Current & future impact)
- Fig. 14 Market opportunity relevance analysis (Current & future impact)
- Fig. 15 Magnetic Sensor Market, Technology outlook key takeaways (USD Million)
- Fig. 16 Magnetic Sensor Market, Technology movement analysis 2024 & 2030 (USD Million)
- Fig. 17 Hall Effect market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 18 Anisotropic Magnetoresistance (AMR) market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 19 Giant Magnetoresistance (GMR) market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 20 Tunnel Magnetoresistance (TMR) market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 21 Others market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 22 Magnetic Sensor Market: Application outlook key takeaways (USD Million)
- Fig. 23 Magnetic Sensor Market: Application movement analysis 2024 & 2030 (USD Million)
- Fig. 24 Automotive market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 25 Consumer electronics market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 26 Industrial market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 27 Others market Revenue and Volume Estimates and Forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 28 Regional marketplace: Key takeaways
- Fig. 29 Magnetic Sensor Market: Regional outlook, 2024 & 2030 (USD Million)
- Fig. 30 North America Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 31 U.S. Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 32 Canada Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 33 Mexico Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 34 Europe Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 35 UK Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 36 Germany Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 37 France Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 38 Asia Pacific Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 39 China Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 40 Japan Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 41 India Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 42 Australia Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 43 South Korea Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 44 Latin America Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 45 Brazil Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 46 MEA Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 47 KSA Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 48 UAE Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 49 South Africa Magnetic Sensor Market estimates and forecasts, 2018 - 2030 (USD Million, Million Units)
- Fig. 50 Strategy framework
- Fig. 51 Company Categorization
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