Press release
Magnetic Field Sensors Market 2021 Size, Growth Analysis Report, Forecast to 2027
The global magnetic field sensor market is expected to register growth over the forecast period. Surging demand across the automotive industry is expected to be a key driving factor for the market growth over the forecast period. Automotive is expected to be a high growth application segment due to the increasing need to integrate safety function in vehicles. Magnetic field sensors are used extensively across numerous safety systems such as Electronic Stability Control (ESC) and Anti-Lock Braking Systems (ABS), force and torque sensing, steering angle sensing among others. Electronic compasses or E-compasses are gaining popularity due to their ability to enhance user navigation and is also expected to fuel market growth. Growing demand in consumer electronics owing to smartphone proliferation is also expected to drive magnetic field sensors market growth over the forecast period. However, increased demand for low-cost magnetic field sensors may pose a challenge to market growth.A full report of Magnetic Field Sensors Market is available at: https://www.orionmarketreports.com/magnetic-field-sensors-market/32398/
Magnetic Field Sensors Market Segmentation:
Based on type:
• Hall Effect Sensors (Hall ICs, Hall element)
• Magnetoresistive Sensors (anisotropic magnetoresistive (AMR) sensors, giant magnetoresistive (GMR) sensors, tunnel magnetoresistive (TMR) sensors)
• SQUID Sensors (high–temperature SQUID, low–temperature SQUID)
• Fluxgate Sensors
• Others (optically pumped, magnetodiode, magneto-optical, search coil, magnetoinductive, Overhauser, reed)
Based on range:
• 10 gauss
Based on application:
• Speed Sensing
• Proximity Detection/NDT
• Navigation and Electronic compass
• Flow rate Sensing
• Others (magnetoencephalography (MEG), magnetic resonance imaging (MRI), magnetocardiography (MCG), magnetomyography, and magnetoneurography as well as rotational reference detection)
Based on end-user industry
• Transportation
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Industrial
• BFSI
• Others (energy & power, food & beverages (F&B), and research)
Magnetic Field Sensors Market: Competitive Players
Key market competitors in the global magnetic field sensors market include Asahi Kasei Microdevices Corporation, Allegro MicroSystems Inc., Memsic Inc., Infineon, Melexis Microelectronic Systems, Robert Bosch GmbH., NXP Semiconductors, and Honeywell International.
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Magnetic Field Sensors Market Report
• What was the Magnetic Field Sensors Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Magnetic Field Sensors Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Magnetic Field Sensors Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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