Press release
MEMS Magnetic Field Sensors Market Huge Market Growth Till 2024 By Allegro Microsystems, AMS AG, Asahi Kasei Micro, Honeywell International, Infineon Technologies, Melexix
The MEMS technology has witnessed huge transformation from being a niche market to mature market over the past decades. Owing to its cheaper price and small form factor, MEMS technology has penetrated almost in all the possible devices and applications, where space is the major concern. Magnetic field sensor is also one of such sensors, which has been positively influenced by the MEMS technology. The MEMS based magnetic field sensors market has accelerated over the last couple of years and similar trend is expected to continue in coming 5 years.
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Owing to the integration of MEMS in magnetic sensors, the market has seen huge growth potential and is expected to grow even more with penetration into newer applications. The major applications that are analyzed in the report are automotive, industrial, consumer electronics, medical, aerospace and defense, and others. The vital role of magnetic sensors in GPS and e-compass products has proliferate the use of magnetic sensors in automotive and consumer electronics segment largely.
Key Players covered in this report:
Allegro Microsystems
AMS AG
Asahi Kasei Micro
Honeywell International
Infineon Technologies
Melexix and more….
The regional analysis of the report depicts that the highest demand for MEMS magnetic field sensors was from APAC region. Besides, it is also expected that the growth from leading developing economies such as China and India in APAC region will be fastest. Moreover, majority of demand for consumer electronics devices and passenger cars, and light commercial vehicles comes from APAC region which in turn is thriving the demand for MEMS magnetic field sensors in the region.
Market Segment By Key Product Type:
Capacitive Type
Double Torsion Pendulum Type
Others
Market Segment by Application Type:
Automotive
Consumer Electronics
Healthcare and Medical
Aerospace & Defense
Other
Key questions answered in this report
What are the challenges to market growth?
Who are the key vendors in this market space?
What will the market size be in 2024 and what will the growth rate be?
What are the key market trends? What is driving this market?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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