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Magnetic Sensor Market: Top Challenges to Face in 2020-2025

Author : Ronak Bora | Published Date : 2020-09-04 

Magnetic sensor market trends are likely to depict substantial expansion over the forecast period, owing to increasing emphasis on automobile safety. Stringent laws necessitating the integration of magnetic sensors in automobiles, as well as implementation of navigation systems in numerous applications including transportation & delivery services, gaming consoles, smartphones, tablets, etc., will also augment the industry outlook.

Magnetic sensing devices provide an effective way to measure multiple mechanical quantities including angle of rotation, position sensing and speed sensing. Magnetic sensors are highly durable, as they do not require physical contact for measurements. Likewise, there are various other advantages including sustainability at different environmental conditions, low power consumption and compact size, which have helped to augment magnetic sensor market growth.

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Aerospace magnetic sensors play a pivotal role in accurately detecting the direction and magnitude of external magnetic fields in aircrafts. These sensors are integrated in aircraft along with the magnets as safety interlocks to ensure that the aircraft components are precisely positioned. The aerospace industry is witnessing rapid growth, particularly in the United States. As per the U.S. Department of Commerce, the U.S. aerospace industry contributed $151 billion to export sales of the country in 2018.

The aerospace industry is a cooperation of public and private industries and is expanding in both the sectors. The use of magnetic sensors for sensing magnetic field in aircrafts is indispensable and is providing high growth potential to the aerospace magnetic sensor market

Top Key Players In Magnetic Sensor Market are Allegro Microsystems, Amphenol, ALPS ALPINE Co. Ltd, Analog Devices, Asahi Kasei Microdevices, Honeywell International, Infineon Technologies, Magnetic Sensors Corporation, Melexis Corporation, Memsic Corporation, Microsemi Corporation, NVE Corporation, NXP Semiconductors, STMicroelectronics, TDK Corporation, TE Connectivity Corporation, Texas Instruments

Magnetic sensors are essential elements for many security applications as magnetic field is invisible and penetrates through most of materials. The earth’s field is pervasive and cannot be switched off, so it gives backup to all navigation systems. Rise of magnetic sensor usage in military and for security purposes will significantly expand magnetic sensor industry size.

According to the European Automobile Manufacturers Association, in 2017, 19.6 million motor vehicles were manufactured in Europe, contributing to 20% of the global production. Europe is one of the chief regions in the magnetic sensor market due to the presence of a massive automotive industry and several automotive manufacturers including BMW, Volkswagen, Mercedes-Benz and others.

Table Of Content:

Chapter 4. Magnetic Sensor Market, By Technology (Revenue, Shipment)

4.1. Key trends in magnetic sensor, by technology

4.2. Hall-effect

4.2.1. Market estimates and forecast, 2015 – 2025

4.3. AMR

4.3.1. Market estimates and forecast, 2015 - 2025

4.4. GMR

4.4.1. Market estimates and forecast, 2015 - 2025

4.5. TMR

4.5.1. Market estimates and forecast, 2015 – 2025

4.6. Others

4.6.1. Market estimates and forecast, 2015 - 2025

Chapter 5. Magnetic Sensor Market, By Application (Revenue, Shipment)

5.1. Key trends in magnetic sensor market, by application

5.2. Speed sensing

5.2.1. Market estimates and forecast, 2015 - 2025

5.3. Position sensing

5.3.1. Market estimates and forecast, 2015 – 2025

5.4. Detection/NDT

5.4.1. Market estimates and forecast, 2015 – 2025

5.5. Navigation & Electronic Compass

5.5.1. Market estimates and forecast, 2015 - 2025

5.6. Others

5.6.1. Market estimates and forecast, 2015 - 2025

Chapter 6. Magnetic Sensor Market, By End-Use (Revenue, Shipment)

6.1. Key trends in magnetic sensor market, by end-use

6.2. Aerospace

6.2.1. Market estimates and forecast, 2015 – 2025

6.2.2. Market estimates and forecast, by application, 2015 – 2025

6.2.2.1. Speed sensing

6.2.2.2. Position sensing

6.2.2.3. Detection /NDT

6.2.2.4. Navigation & electronic compass

6.2.2.5. Others

6.3. Automotive

6.3.1. Market estimates and forecast, 2015 – 2025

6.3.2. Market estimates and forecast, by application, 2015 – 2025

6.3.2.1. Speed sensing

6.3.2.2. Position sensing

6.3.2.3. Detection /NDT

6.3.2.4. Navigation & electronic compass

6.3.2.5. Others

6.4. Consumer Electronics

6.4.1. Market estimates and forecast, 2015 – 2025

6.4.2. Market estimates and forecast, by application, 2015 – 2025

6.4.2.1. Speed sensing

6.4.2.2. Position sensing

6.4.2.3. Detection /NDT

6.4.2.4. Navigation & electronic compass

6.4.2.5. Others

6.5. Industrial

6.5.1. Market estimates and forecast, 2015 – 2025

6.5.2. Market estimates and forecast, by application, 2015 – 2025

6.5.2.1. Speed sensing

6.5.2.2. Position sensing

6.5.2.3. Detection /NDT

6.5.2.4. Navigation & electronic compass

6.5.2.5. Others

6.6. Others

6.6.1. Market estimates and forecast, 2015 – 2025

6.6.2. Market estimates and forecast, by application, 2015 – 2025

6.6.2.1. Speed sensing

6.6.2.2. Position sensing

6.6.2.3. Detection /NDT

6.6.2.4. Navigation & electronic compass

6.6.2.5. Others

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/magnetic-sensor-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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