Press release
Hall Switch Market Size & Share - Industry Trend and Forecast 2017 - 2025
The objectives of this study are as follows:
To define, describe, and forecast the "Hall Switch" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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The Hall switch is a semiconductor switch based on the Hall Effect that opens or closes when the magnetic field is higher or lower than a specified threshold value. The Hall Effect is the production of a voltage difference across an electrical conductor, transverse to an electric current in the conductor and to an applied magnetic field perpendicular to the current. A Hall switch turns on in the presence of south magnetic field on its face or north magnetic field on the opposite side. It turns off when the magnet is removed. Hall switches have wide operating temperature ranges and are mostly used in automobile engine compartments. Such switches are not affected to the bad mechanism of optical or mechanical switches such as liquids or dust. The hall switch has no moving or exposed part. It is wear-free. Hall switches are used in the indexing of rotational or translational motion. Hall switches are less expensive as well as small, so a number of them can be spaced at intervals of millimeters forming a low resolution linear or rotational encoder or multi-position switch. Hall switches are adequately sealed contactless, solid-state switches that are resistant to dust, dirt and vibration, which makes it ideal for position sensing applications where small, robust, cost effective switches are required. A signal conditioning circuit integrated with the Hall switch provides a TTL adaptable pulse with sharp edges and high noise immunity for connection to the controller.
Rising need for smaller and energy efficient solutions, need for more compact designs, need to satisfy environmental legislation and rising demand for high quality and reliable switches are some of the primary factors driving the growth of the global hall switch market. One of the major drawbacks of hall switch is that they typically require high current drain. This is one of factors hampering the growth of hall switch market. Smallest hall switches are being designed for open/close detection in mobile phones and other battery-powered products. Efforts are being taken by many companies to upgrade their research and development activities to introduce innovations in this field.
The global hall switch market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into unipolar Hall Effect switch, Omni polar Hall Effect switch and bipolar type latched Hall Effect switch. Unipolar Hall effect switches will switch on with a south magnetic field of sufficient strength. Bipolar Hall effect switches will always switch on with a south magnetic field of ample strength and switch off with a north magnetic field of ample strength. The Omni polar Hall Effect Switch provides complete solution to battery operated portable devices like mobile phones as well as PDA, integrated with two Hall Effect plates and a chopper stabilized architecture offers good immunity from RF noise and remains stable as well as reliable under extreme stress & temperature conditions. On the basis of application, the hall switch market is segmented into measuring magnetic field, detection of ferromagnetic objects, telephone line current sensors, home appliances, industrial applications, power tools and automotive among others. Hall switches are most of the times used in brushless DC motors to roughly detect the rotor position. Geographically, the hall switch market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific and Latin America.
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Some of the key players operating in the global hall switch market are Allegro MicroSystems, TE Connectivity, NXP Semiconductors, Micronas, Texas Instruments, Melexis, Infineon Technologies and Diodes Incorporated among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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