Magnetic Sensors Market by Type, Range, Application, End User

Description

List of Tables

The Global Magnetic Sensors Market is forecasted to grow significantly, with a projected USD 4,812.56 million in 2023 at a CAGR of 8.47% and expected to reach a staggering USD 8,523.91 million by 2030.The the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Magnetic Sensors Market.

The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading.

Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Magnetic Sensors Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Fluxgate Sensors, Hall Effect Sensors, Magneto-Optical, Magnetodiode, Magnetoinductive, Magnetoresistive Sensors, Optically Pumped, Overhauser, Reed, Search Coil, and Squid Sensors. The Hall Effect Sensors is further studied across Hall Elements and Hall ICS. The Magnetoresistive Sensors is further studied across Anisotropic Magnetoresistive Sensors, Giant Magnetoresistive Sensors, and Tunnel Magnetoresistive Sensors. The Squid Sensors is further studied across High-Temperature Squid and Low-Temperature Squid. The Hall Effect Sensors commanded largest market share of 27.61% in 2022, followed by Fluxgate Sensors.

Based on Range, market is studied across 1 Microgauss-10 Gauss, <1 Microgauss, and >10 Gauss. The <1 Microgauss commanded largest market share of 51.71% in 2022, followed by 1 Microgauss-10 Gauss.

Based on Application, market is studied across Detection/NDT, Flow Rate Sensing, Navigation and Electronic Compass, Position Sensing, and Speed Sensing. The Speed Sensing commanded largest market share of 32.28% in 2022, followed by Navigation and Electronic Compass.

Based on End User, market is studied across Aerospace and Defense, BFSI, Consumer Electronics, Healthcare, Industrial, and Transportation. The BFSI is further studied across ATM, Currency Counter/Detector/Sorter, and Point-Of-Sale Terminal. The Consumer Electronics is further studied across Consumer Appliances, Consumer Drones, Gaming Consoles, Smartphones, and Wearables. The Transportation is further studied across Automotive, Marine, and Railway. The Transportation commanded largest market share of 32.53% in 2022, followed by Consumer Electronics.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.39% in 2022, followed by Europe, Middle East & Africa. Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Magnetic Sensors Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

Market Penetration:

Provides comprehensive information on the market offered by the key players

Market Development:

Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

Market Diversification:

Provides detailed information about new product launches, untapped geographies, recent developments, and investments

Market Trends:

Provides comprehensive understanding of the the Russia-Ukraine Conflict, and the High Inflation

Competitive Assessment & Intelligence:

Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

Product Development & Innovation:

Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Magnetic Sensors Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Magnetic Sensors Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Magnetic Sensors Market?

4. What is the competitive strategic window for opportunities in the Global Magnetic Sensors Market?

5. What are the technology trends and regulatory frameworks in the Global Magnetic Sensors Market?

6. What is the market share of the leading vendors in the Global Magnetic Sensors Market?

7. What modes and strategic moves are considered suitable for entering the Global Magnetic Sensors Market?

Product Code: MRR-4308E1C888CE

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Magnetic Sensors Market, by Type, 2022 vs 2030
4.3. Magnetic Sensors Market, by Range, 2022 vs 2030
4.4. Magnetic Sensors Market, by Application, 2022 vs 2030
4.5. Magnetic Sensors Market, by End User, 2022 vs 2030
4.6. Magnetic Sensors Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing Demand in the Automotive Industry
  - 5.1.1.2. Continuous Growth in the Consumer Electronics segment
  - 5.1.1.3. Significant Role of Magnetic Field Sensors in Navigation
- 5.1.2. Restraints
  - 5.1.2.1. Falling Average Selling Prices of Sensor Components
  - 5.1.2.2. Inconsistent Magnetic Field Strength
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing Demand for Hybrid and Electric Vehicles
  - 5.1.3.2. Need for the Magnetic Sensor in UAVs
  - 5.1.3.3. Growing Sensor Market for loT
- 5.1.4. Challenges
  - 5.1.4.1. Growing Low-Cost Magnetic Field Sensors Requirement among End-Users
  - 5.1.4.2. Need for High Product Differentiation and Innovation to Meet Specific and End-user Requirements
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization
- 5.9.1. Value Chain Analysis

6. Magnetic Sensors Market, by Type

6.1. Introduction
6.2. Fluxgate Sensors
6.3. Hall Effect Sensors
- 6.3.1. Hall Elements
- 6.3.2. Hall ICS
6.4. Magneto-Optical
6.5. Magnetodiode
6.6. Magnetoinductive
6.7. Magnetoresistive Sensors
- 6.7.1. Anisotropic Magnetoresistive Sensors
- 6.7.2. Giant Magnetoresistive Sensors
- 6.7.3. Tunnel Magnetoresistive Sensors
6.8. Optically Pumped
6.9. Overhauser
6.10. Reed
6.11. Search Coil
6.12. Squid Sensors
- 6.12.1. High-Temperature Squid
- 6.12.2. Low-Temperature Squid

7. Magnetic Sensors Market, by Range

7.1. Introduction
7.2. 1 Microgauss-10 Gauss
7.3. <1 Microgauss
7.4. >10 Gauss

8. Magnetic Sensors Market, by Application

8.1. Introduction
8.2. Detection/NDT
8.3. Flow Rate Sensing
8.4. Navigation and Electronic Compass
8.5. Position Sensing
8.6. Speed Sensing

9. Magnetic Sensors Market, by End User

9.1. Introduction
9.2. Aerospace and Defense
9.3. BFSI
- 9.3.1. ATM
- 9.3.2. Currency Counter/Detector/Sorter
- 9.3.3. Point-Of-Sale Terminal
9.4. Consumer Electronics
- 9.4.1. Consumer Appliances
- 9.4.2. Consumer Drones
- 9.4.3. Gaming Consoles
- 9.4.4. Smartphones
- 9.4.5. Wearables
9.5. Healthcare
9.6. Industrial
9.7. Transportation
- 9.7.1. Automotive
- 9.7.2. Marine
- 9.7.3. Railway

10. Americas Magnetic Sensors Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Magnetic Sensors Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Magnetic Sensors Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player

14. List of Company Mentioned

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing

1. Allegro MicroSystems, Inc.

2. Analog Devices, Inc.

3. Asahi Kasei Microdevices Corporation

4. Baumer Holding AG

5. Crocus Technology International Corporation

6. Elmos Semiconductor SE

7. Honeywell International Inc.

8. iC-Haus GmbH

9. Infineon Technologies AG

10. Melexis

11. MultiDimension Technology Co.,Ltd.

12. Murata Manufacturing Co., Ltd.

13. NVE Corporation

14. NXP Semiconductors N.V.

15. Omron Corporation

16. RLS d.o.o.

17. Robert Bosch GmbH

18. Sensitec GmbH

19. STMicroelectronics N.V.

20. TDK Corporation

21. TE Connectivity Ltd.

22. Texas Instruments Incorporated