Magnetic field sensors are used to measure magnetic flux and/or the strength and direction of a magnetic field. They are used mainly in scientific measurement, navigation, and industrial applications. Magnetic field sensors are widely used in automotive, electronics and modern industry to measure the current, position, direction and other physical parameters by induced magnetic field intensity. Magnetic Field Sensorss can be classified according to whether they measure the total magnetic field or the vector components of the magnetic field. The techniques used to produce both types of Magnetic Field Sensorss encompass many aspects of physics and electronics.
LPI (LP Information)' newest research report, the “Magnetic Field Sensors Industry Forecast” looks at past sales and reviews total world Magnetic Field Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Field Sensors sales for 2023 through 2029. With Magnetic Field Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Field Sensors industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Field Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Magnetic Field Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Field Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Field Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Magnetic Field Sensors.
The global Magnetic Field Sensors market size is projected to grow from US$ 3126.1 million in 2022 to US$ 5175.9 million in 2029; it is expected to grow at a CAGR of 5175.9 from 2023 to 2029.
Top 15 manufacturers hold 85% of market. Asahi Kasei Corporation (Japan), Sanken Electric Co., Ltd. (Japan), Infineon Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), TDK Corporation (Japan), TE Connectivity Ltd (Switzland), Melexis NV (Belgium) and Robert Bosch GmbH (Germany) are key players in the market.
In terms of the applications segment, the biggest applications are by far automotive and consumer electronics, together captured 75% of total magnetic market.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Field Sensors market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Magnetic Field Sensors Includes:
Asahi Kasei Corporation (Japan)
Sanken Electric Co., Ltd. (Japan)
Infineon Technologies AG (Germany)
NXP Semiconductors N.V. (Netherlands)
TDK Corporation (Japan)
TE Connectivity Ltd (Switzland)
Melexis NV (Belgium)
Robert Bosch GmbH (Germany)
Analog Devices, Inc. (USA)
AMS AG (Australia)
Honeywell International Inc. (USA)
Alps Electric (Japan)
Diodes
MEMSic, Inc. (USA)
Bartington Instruments Ltd (UK)
Market Segment by Type, covers:
Hall Effect Type Sensors
AMR Type Sensors
GMR Type Sensors
Other Type Sensors
Market Segment by Applications, can be divided into:
Automotive
Consumer Electronics
Industrial Applications
Other Type
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Field Sensors market?
What factors are driving Magnetic Field Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Field Sensors market opportunities vary by end market size?
How does Magnetic Field Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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