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PUBLISHER: IMARC | PRODUCT CODE: 1390454
PUBLISHER: IMARC | PRODUCT CODE: 1390454
Magnetic Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 138 Pages
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Abstract
The global magnetic sensors market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.74% during 2022-2028.
Magnetic sensors are used to detect the magnitude of magnetism and geomagnetism produced by a magnet or current. They are widely available in several types with unique features. For instance, coils are the simplest magnetic sensors that can detect changes in the magnetic flux density. Moreover, miniature magnetic sensors are gaining traction across the globe for advanced intelligent measurement and control systems. At present, several manufacturers are introducing magnetic sensors with high precision for industrial applications, such as inverters and drives or battery management.
Magnetic Sensors Market Trends:
Magnetic sensors offer advantages, such as allowing contactless and wear-free measurement of mechanical quantities like the angle of rotation and speed. As they are robust and economical, the escalating demand for vehicles across the globe represents one of the significant factors driving the adoption of magnetic sensors in the automotive industry. In addition, with the advent of giant magnetoresistance (GMR) thin-film systems, manufacturers are focusing on developing a new generation of magnetic sensors that provides advantages, including large working distances and precise angular position measurement. Apart from this, magnetic sensors are being widely utilized in the military field to detect vehicles or other events in monitored areas. The rising crime rates and cross-border security issues are also bolstering the market growth. Moreover, the growing prevalence of medical conditions is influencing the usage of magnetic field sensors in the biomedical sector for manufacturing point-of-care (POC) devices. Furthermore, magnetoelectric (ME) composites with high coefficients can be utilized to make sensitive magnetic field sensors for next-generation multifunctional devices. Such advancements are anticipated to expand the applications of magnetic sensors in robotics, space equipment, and industrial measurements worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global magnetic sensors market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, application and end use.
Breakup by Technology:
Hall Effect Sensor
Magnetoresistive Sensor
Squid Sensor
Fluxgate Sensor
Others
Breakup by Application:
Speed Sensing
Detection
Position Sensing
Navigation
Others
Breakup by End Use:
Aerospace and Defense
Automotive
Consumer Electronics
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amphenol Corporation, Analog Devices Inc., Asahi Kasei Microdevices Corporation (Asahi Kasei Corporation), Honeywell International Inc., Infineon Technologies AG, NXP semiconductors N.V., Schneider Electric, ST Microelectronics, TDK Corporation, TE Connectivity and Texas Instruments Incorporated.
Key Questions Answered in This Report:
- How has the global magnetic sensors market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global magnetic sensors market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global magnetic sensors market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4183
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Magnetic Sensors Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Hall Effect Sensor
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Magnetoresistive Sensor
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Squid Sensor
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Fluxgate Sensor
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Speed Sensing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Detection
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Position Sensing
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Navigation
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End Use
- 8.1 Aerospace and Defense
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automotive
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Consumer Electronics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Healthcare
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amphenol Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Analog Devices Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Asahi Kasei Microdevices Corporation (Asahi Kasei Corporation)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Honeywell International Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Infineon Technologies AG
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 NXP semiconductors N.V.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Schneider Electric
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 ST Microelectronics
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 TDK Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 TE Connectivity
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Texas Instruments Incorporated
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 Amphenol Corporation
Product Code: SR112023A4183
List of Figures
- Figure 1: Global: Magnetic Sensors Market: Major Drivers and Challenges
- Figure 2: Global: Magnetic Sensors Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Magnetic Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Magnetic Sensors Market: Breakup by Technology (in %), 2022
- Figure 5: Global: Magnetic Sensors Market: Breakup by Application (in %), 2022
- Figure 6: Global: Magnetic Sensors Market: Breakup by End Use (in %), 2022
- Figure 7: Global: Magnetic Sensors Market: Breakup by Region (in %), 2022
- Figure 8: Global: Magnetic Sensors (Hall Effect Sensor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Magnetic Sensors (Hall Effect Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Magnetic Sensors (Magnetoresistive Sensor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Magnetic Sensors (Magnetoresistive Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Magnetic Sensors (Squid Sensor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Magnetic Sensors (Squid Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Magnetic Sensors (Fluxgate Sensor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Magnetic Sensors (Fluxgate Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Magnetic Sensors (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Magnetic Sensors (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Magnetic Sensors (Speed Sensing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Magnetic Sensors (Speed Sensing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Magnetic Sensors (Detection) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Magnetic Sensors (Detection) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Magnetic Sensors (Position Sensing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Magnetic Sensors (Position Sensing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Magnetic Sensors (Navigation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Magnetic Sensors (Navigation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Magnetic Sensors (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Magnetic Sensors (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Magnetic Sensors (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Magnetic Sensors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Magnetic Sensors (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Magnetic Sensors (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Magnetic Sensors (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Magnetic Sensors (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Magnetic Sensors (Healthcare ) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Magnetic Sensors (Healthcare ) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Magnetic Sensors (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Magnetic Sensors (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: North America: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: North America: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: United States: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: United States: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Canada: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Canada: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Asia-Pacific: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Asia-Pacific: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: China: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: China: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Japan: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Japan: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: India: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: India: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: South Korea: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: South Korea: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Australia: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Australia: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Indonesia: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Indonesia: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Europe: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Europe: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Germany: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Germany: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: France: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: France: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: United Kingdom: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: United Kingdom: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Italy: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Italy: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Spain: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Spain: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Russia: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Russia: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Latin America: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Latin America: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Brazil: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Brazil: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Mexico: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Mexico: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Others: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Others: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Middle East and Africa: Magnetic Sensors Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Middle East and Africa: Magnetic Sensors Market: Breakup by Country (in %), 2022
- Figure 86: Middle East and Africa: Magnetic Sensors Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Global: Magnetic Sensors Industry: SWOT Analysis
- Figure 88: Global: Magnetic Sensors Industry: Value Chain Analysis
- Figure 89: Global: Magnetic Sensors Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Magnetic Sensors Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Magnetic Sensors Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 3: Global: Magnetic Sensors Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Magnetic Sensors Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 5: Global: Magnetic Sensors Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Magnetic Sensors Market: Competitive Structure
- Table 7: Global: Magnetic Sensors Market: Key Players
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