Magnetic sensors, a transducer that converts a magnetic field into an electrical signal, used in various types of applications including sensing position, and directional velocity. In the current scenario, as the demand rises for faster and more efficient production lines, the role of the magnetic sensor has also evolved to include the use of safety switches and proximity detection. The surge in demand for Industrial Internet of Things (IIoT) and production of consumer electronics, electric and hybrid vehicles, and high-quality sensing devices are influencing the adoption of magnetic sensors across several end-user industries globally. This, in turn, to drive the growth of the global magnetic sensors market in the upcoming years.
Latest published comprehensive study on 'Magnetic Sensor' market is specially designed to address ever-changing industry conditions that marketers needs to tap and strategies to leverage right moves. The study not just provides market size break-up by revenue and volume* for important geographies but also potential countries and important business segments but also commentary on trending factors, growth drivers.
Profiled players in study from the coverage used under bottom-up approach are Asahi Kasei MicroDevices (Japan), Honeywell (United States), Allegro Microsystems (United States), Crocus Technology (United States), TDK Corporation (Japan), AMS (Austria), Infineon Technologies (Germany), TE Connectivity (Switzerland), MELEXIX (Belgium), NXP Semiconductors (Netherlands), Kohshin Electric (Japan).
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by Type (Hall Effect Sensors, Anisotropic Magnetoresistive (AMR) Sensors, Giant Magnetoresistive (GMR) Sensors, Tunnel Magnetoresistive (TMR) Sensors, Others), Application (Detection/NDT, Flow Rate Sensing, Position Sensing, Speed Sensing, Position Sensing, Navigation and Electronic Compass, Others), Range Type (<1 Microgauss (Low-Field Sensors), 1 Microgaussâ€“10 Gauss (Earth Field Sensors), >10 Gauss (BIAS Magnetic Field Sensors)), End User (Automotive (Transportation, Marine, Railway and Others), Consumer Electronics (Smartphones, Consumer drones, Cameras, PCs, and Laptops and Others), Industrial, Aerospace & Defense, Medical, Other (F&B, Energy & Power, and Research and Others))
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What's Trending in Market:
Top Market Players are Offering Magnetic Sensors to Hybrid and Electric Vehicle Manufacturing Companies
Increasing Use of Sensors in IoT Enabled Devices
Market Growth Drivers: Increasing Use of Magnetic Sensors in Automotive Industry
The Growth in the Sales and Production of Consumer Electronics Products
Surging Adoption of Robotics for Industrial Automation across the World
Restraints: Falling Average Selling Prices (ASPS) of Sensor
Inconsistent Magnetic Field Strength and Other Technological Limitations
Data Sources & Methodology
The primary sources involves the industry experts from the Magnetic Sensor Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study.
When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
Country level Break-up includes:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)
Strategic Points Covered in Table of Content of Global Magnetic Sensor Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Magnetic Sensor market
Chapter 2: Exclusive Summary – the basic information of the Magnetic Sensor Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Magnetic Sensor
Chapter 4: Presenting the Magnetic Sensor Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Magnetic Sensor market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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