openPR Logo
Press release

Magnetic Field Sensors Market to Undertake Strapping Growth During 2020

Magnetic Field Sensors Market to Undertake Strapping Growth

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 sensor uses “Hall Effect” (produces voltage difference across electrical conductor, transverse to electric current) transducer that measures vector component of magnetic field near the sensor tip. Magnetic field sensor measures two range of magnetic field. Firstly, measures strong magnetic fields around permanent magnets and electromagnets. Secondly, measure weak magnetic fields such as Earth’s magnetic field.

Depending on the magnitude of the magnetic field global magnetic field sensors market can be bifurcated into low field sensors, earth’s field sensors and BIAS magnetic field sensors. On the base of products used for magnetic field sensing the market can be divided into Hall effect sensor, magneto resistive, squid and others (AMR magnetometer, GMR magnetometer, magnetic tunnel junction magnetometer, magneto-optical sensor). Automotive industry using magnetic field sensor technology for anti-lock braking systems and engine control management systems is the major end-user of magnetic field sensor. Other major end-users include homeland security, healthcare, electronics industry and defense industry.

A sample of this report is available upon request @  https://www.persistencemarketresearch.com/samples/3222

North America has the largest market for magnetic field sensor technology, followed by Europe and Asia Pacific. The U.S. and Japan are the two major markets for magnetic field sensing technology. Asia Pacific region is expected to witness highest growth in forecasted period owing to increasing domestic automotive demand in the emerging markets of India and China.

Encouragement from the government for using eco-friendly vehicle is driving the global magnetic field sensor market. Additionally, developments in the field of automobile infotainment systems are expected to drive the global magnetic field sensor market to some extent. Also, demand in gaming consoles, increasing popularity of electronic compasses, and continuous demand for computer and computing peripherals is expected to increase further demand for magnetic field sensor technology. However, inconsistency of a magnetic field sensor body, distortional variation, temperature fluctuations unavailability of aftermarket service is expected to hamper the global magnetic field sensor market.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/toc/3222

Owing to growth in automotive industry which may increase demand for magnetic field sensor technology, multinational companies have started investing in the emerging markets of Asia Pacific. Some of the major companies operating in the global magnetic field sensor technology are Allegro MicroSystems Inc., Asahi Kasei Microdevices Corporation, Melexis Microelectronic Systems, NXP Semiconductors, Infineon, Honeywell International, Robert Bosch GmbH and MEMSIC Inc.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Magnetic Field Sensors Market to Undertake Strapping Growth During 2020 here

News-ID: 1437946 • Views: 93

More Releases from Persistance Market Research

Global Aquaculture Feed and Pharmaceuticals Market to Record Sturdy Growth CAGR …
A recent report published by Persistence Market Research prognosticates that the global market for aquaculture feed and pharmaceuticals would be valued at US$1,068.9 mn by 2025 registering a CAGR of 7.3% over 2017-2025. The report, titled “Aquaculture Feed and Pharmaceutical Market: Global Industry Analysis 2012–2016 and Forecast 2017–2025,” portrays that the cumulative revenue generated by the market is projected to increase 1.8X over the forecast period from 2017-2025. The paced development
Grass Based Dairy Products Market to Significant Growth Foreseen by 2017 - 2025
Global Grass Based Dairy Products Market: Introduction The Food and Drug Administration supervises the label on the dairy products and has not defined the grass fed based products and also don’t have set guidelines for the producers/manufacturers for making a grass-fed claim. The FDA requires those labels on dairy should not be misleading. The dairy products from the grass-based products have high nutritional benefits and are also beneficial for the health
Glutathione Market to Witness Comprehensive Growth by 2017 - 2025
Global Glutathione Market: Introduction Glutathione is an essential antioxidant found in animals, plants, fungi, and other bacteria and archaea. Glutathione is capable of preventing damage to the important cellular components. It is a protein composed of three amino acids, and are sold as dietary supplements. It is an essential antioxidant, glutathione which is involved in DNA synthesis, immunity, and sperm formulation, amongst others. Glutathione is one of the most important antioxidant presents
Blueberry Extract Market to Undertake Strapping Growth During 2017 - 2025
Rising number of individuals across the globe are getting concerned about their health, and getting curious about what they are consuming is healthy or not. The trend of consuming healthy food is expected to continue across the globe. Owing to busy schedules, individuals often sacrifice their diets. To balance their diets, people have started to include dietary supplements and functional foods in their diets. Blueberry is a fruit native to

All 5 Releases


More Releases for Magnetic

Magnetic Couplings Market
Dec 2018, New York USA (News) - Over the next five years, RRI Information projects that Magnetic Couplings will register a 1.3% CAGR in terms of revenue, reach US$ 1340 million by 2023, from US$ 1240 million in 2017. This report studies the Magnetic Couplings market. Magnetic couplings are non-contact couplings that use a magnetic field to transfer torque, force or movement from one rotating member to another. The transfer
Magnetic Materials Market
Magnetic materials possess magnetic properties and have ability to produce the magnetization. They can be magnetized or naturally possess magnetic properties. According to ease of magnetization, magnetic materials are classified as hard, semi-hard, and soft magnets. Hard magnetic materials are suitable for permanent magnets while soft for temporary. Soft magnetic materials are used in high and low-frequency applications such as transformer cores, microwave applications, and recording heads. Magnetic materials ranging from
Global Rubber Magnet Market 2017: Key Players – Adams Magnetic, Arnold Magneti …
Summary WiseGuyReports.com adds “Rubber Magnet Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Rubber Magnet market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Rubber Magnet  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product
Global Rubber Magnet Market 2017: Key Players – Adams Magnetic, Arnold Magneti …
Summary WiseGuyReports.com adds “Rubber Magnet Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Rubber Magnet market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Rubber Magnet  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Rubber Magnet Market Report 2017-Adams Magnetic, Arnold Magnetic, Beijing Zhong …
Apex Research, recently published a detailed market research study focused on the "Rubber Magnet Market" across the global, regional and country level. The report provides 360° analysis of "Rubber Magnet Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Rubber Magnet industry, and estimates the future trend of Rubber Magnet market on
Samarium Cobalt Magnet Market Report 2017-Adams Magnetic, Arnold Magnetic, Beiji …
Apex Research, recently published a detailed market research study focused on the "Samarium Cobalt Magnet Market" across the global, regional and country level. The report provides 360° analysis of "Samarium Cobalt Magnet Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Samarium Cobalt Magnet industry, and estimates the future trend of Samarium