Press release
Magnetic Field Sensors Market Revenue Predicted to Grow by 2020
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.
Request to view table of content @ http://www.persistencemarketresearch.com/toc/3222
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.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/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,
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 Revenue Predicted to Grow by 2020 here
News-ID: 425021 • Views: …
More Releases from Persistence Market Research
Luxury Electronic Watches Market Set to Hit US$33.4 Bn by 2032
The global luxury electronic watches market is poised for remarkable expansion, with its value expected to rise from US $14.4 billion in 2025 to US $33.4 billion by 2032, registering an impressive CAGR of 12.7% during 2025-2032. This growth highlights the evolving consumer preference for technologically advanced, health-focused, and aesthetically refined premium wearables.
➤ Download Your Free Sample & Explore Key Insights: https://www.persistencemarketresearch.com/samples/35874
Key Growth Drivers
Rising Demand for Tech-Infused Luxury
Luxury electronic watches…
Golf Club Market Poised to Reach US$ 5.45 billion by 2032 - PMR Report
The global golf club market is gearing up for a period of stable expansion, with the market size anticipated to reach US$ 4,374.5 million in 2025 and further rise to US$ 5,453.6 million by 2032. This reflects a consistent CAGR of 3.2% during the forecast period from 2025 to 2032.
➤ Download Your Free Sample & Explore Key Insights: https://www.persistencemarketresearch.com/samples/31377
Key Growth Drivers
Several factors are contributing to the rising demand for golf…
Birch Water Market Reaches US$3.1 Bn by 2032 Boosted by Natural Health Demand
The global birch water market is gaining significant traction as health-conscious consumers increasingly shift toward natural, plant-based beverages. According to recent industry assessments, the global birch water market size is expected to be valued at US$1.8 Bn in 2025, and it is projected to reach US$3.1 Bn by 2032, registering a robust CAGR of 8.0% during the forecast period from 2025 to 2032. This steady growth trajectory is supported by…
Europe Cheese Alternative Market: valued at $1,079.5 Mn in 2025 to $2,431.5 Mn b …
The Europe cheese alternative market is poised for strong expansion over the next decade, supported by transformative shifts in consumer dietary preferences, technological advancements in food processing, and the accelerating adoption of plant-based and allergen-free dairy substitutes. According to industry estimates, the market is likely to value US$ 1,079.5 Mn in 2025 and is projected to reach US$ 2,431.5 Mn by 2032, advancing at a robust CAGR of 12.3% from…
More Releases for Magnetic
Magnetic Sensor Market Magnetic Sensor Market Developments, Future Trends & Indu …
The Magnetic Sensor Market plays a crucial role in modern electronics, enabling precise detection, position tracking, and motion sensing across automotive, consumer electronics, industrial, and healthcare sectors. Magnetic sensors are integral to electric vehicles, robotics, smartphones, and renewable energy systems - all of which are key pillars of today's digital economy. As the market evolves, technological innovation, miniaturization, and integration with IoT and AI platforms are redefining competitive dynamics. Leading…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
A detailed report on Global Magnetic Materials providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Magnetic Materials , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production,…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
Coherent Market Insights, one of the leading market research firm has recently published a report.This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Magnetic…
Magnetic Materials Market | Arnold Magnetic Technologies Corporation, Daido Stee …
The Magnetic Materials report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Magnetic Materials during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping…
Alnico Market 2019 Global Trends, Sales Revenue, Key Players - Adams Magnetic Pr …
This study focuses on the production side and consumption side of Alnico, presents the global Alnico market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Alnico capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on…
Permanent Magnet Motor Market | Hitachi Metals Ltd., Adams Magnetic Products Co. …
Global Permanent Magnet Motor Market: Overview
The global market for permanent magnet motor has been growing at the back of the customised needs of various industrial units. Permanent magnet motors offer a wide range of advantages over other kinds of motors which has driven demand for the former across the globe. The permanent magnet motors are manufactured by creating a persistent magnetic field through a magnetized material, and these motors are…
