The Global Magnetic Field Sensor Market was valued at USD 3.01 billion in 2016 and is projected to reach USD 6.36 billion by 2025, growing at a CAGR of 8.67% from 2017 to 2025.
Magnetic field sensor is a device used to study the magnetic field around coil, electrical device and around permanent magnets. Magnetic field sensors consist of rotating sensor tip which measures both transverse and longitudinal magnetic fields around the objects. Magnetic Field Sensors measures magnetic flux and the strength and direction of a magnetic field. They are used mainly in scientific measurement, navigation, Speed Sensing, and industrial applications.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising demand for hybrid and electric vehicles
1.2 Increasing need for magnetic sensors in UAVs and IoT
1.3 Growing applications in navigation
1.4 Increasing demand from automotive industry and consumer electronics segment
2. Market Restraints
2.1 Increasing requirement of low-cost magnetic field sensors among end user industries
2.2 Need for innovation to meet end user requirements
2.3 Reduced prices of sensor components affecting new market entrants
Market Segmentation:
The Global Magnetic Field Sensor Market is segmented on the range, type, application, vertical, and region.
1. Range:
1.1 <1 Microgauss (Low-Field Sensors)
1.2 1 Microgaussâ€"10 Gauss (Earth Field Sensor)
1.3 >10 Gauss (BIAS Magnetic Field Sensors)
2. By Type:
2.1 SQUID Sensors
2.2 Fluxgate Sensors
2.3 Magnetoresistive Sensors
2.4 Hall Effect Sensors
3. By Application:
3.1 Navigation and Electronic Compass
3.2 Speed Sensing
3.3 Detection
3.4 Flow Rate Sensing
3.5 Position Sensing
3.6 Others
4. By Vertical:
4.1 Aerospace & Defense
4.2 Healthcare
4.3 Consumer Electronics
4.3.1 Consumer appliances
4.3.2 Smartphones
4.3.3 Gaming consoles
4.3.4 Wearables
4.3.5 Consumer drones
4.3.6 Others
4.4 Transportation
4.4.1 Automotive
4.4.2 Marine
4.4.3 Railway
4.5 Banking, Financial Services, and Insurance (BFSI)
4.5.1 Currency Sorter/Detector/Counter
4.5.2 POS Terminal
4.5.3 ATM
4.6 Industrial
4.7 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Honeywell
2. Allegro Microsystems
3. Amsasahi Kasei Microdevices Corporation
4. Melexis
5. TDK Corporation
6. TE Connectivity
7. NXP Semiconductors
8. Kohshin Electric
9. AMS
10. Infineon Technologies
11. Startup Ecosystems
12. Crocus Technology
13. Sensitec GmbH
14. Coto Technology
15. Quspin
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Magnetic Field Sensor Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
1 INTRODUCTION OF GLOBAL MAGNETIC FIELD SENSOR MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL MAGNETIC FIELD SENSOR MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL MAGNETIC FIELD SENSOR MARKET BY RANGE
5.1 <1 Microgauss (Low-Field Sensors)
5.2 1 Microgaussâ€"10 Gauss (Earth Field Sensor)
5.3 >10 Gauss (BIAS Magnetic Field Sensors)
6 GLOBAL MAGNETIC FIELD SENSOR MARKET BY TYPE
6.1 SQUID Sensors
6.2 Fluxgate Sensors
6.3 Magnetoresistive Sensors
6.4 Hall Effect Sensors
7 GLOBAL MAGNETIC FIELD SENSOR MARKET BY APPLICATION
7.1 Navigation and Electronic Compass
7.2 Speed Sensing
7.3 Detection
7.4 Flow Rate Sensing
7.5 Position Sensing
7.6 Others
8 GLOBAL MAGNETIC FIELD SENSOR MARKET BY VERTICAL
8.1 Aerospace & Defense
8.2 Healthcare
8.3 Consumer Electronics
8.3.1 Consumer appliances
8.3.2 Smartphones
8.3.3 Gaming consoles
8.3.4 Wearables
8.3.5 Consumer drones
8.3.6 Others
8.4 Transportation
8.4.1 Automotive
8.4.2 Marine
8.4.3 Railway
8.5 Banking, Financial Services, and Insurance (BFSI)
8.5.1 Currency Sorter/Detector/Counter
8.5.2 POS Terminal
8.5.3 ATM
8.6 Industrial
8.7 Others
9 GLOBAL MAGNETIC FIELD SENSOR MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025
10 GLOBAL MAGNETIC FIELD SENSOR MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Honeywell
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Allegro Microsystems
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Asahi Kasei Microdevices Corporation
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Melexis
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 TDK Corporation
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 TE Connectivity
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 NXP Semiconductors
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Kohshin Electric
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 AMS
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Infineon Technologies
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 Startup Ecosystems
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Crocus Technology
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
11.13 Sensitec GmbH
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments
11.14 Coto Technology
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments
11.15 Quspin
11.15.1 Overview
11.15.2 Financial Performance
11.15.3 Product Outlook
11.15.4 Key Developments
12 Appendix
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