Magnetic sensor detects the position of object with the help of magnetic field. In magnetic sensor, there is either integrated magnet or external permanent magnet. Magnetic sensors identify magnetic fields or their alteration by ferromagnetic objects. These are non-contact electronic sensors.
APAC commanded the largest share with $724 million in 2013. It is expected to reach $1051 million by 2018, at a CAGR of 7.74% from 2014 to 2018. Consumer, automotive, industrial, aerospace, and defense are the major applications of magnetic sensors. Angular sensors, revolution sensors, current sensors and position sensors are the main product types of Magnetic sensors in APAC region. Position sensors have the highest share in APAC market. The main market drivers for magnetic sensors are automobiles, gaming consoles, computer and computing peripherals and electronic compass. Fluxgate, Hall Effect, magnetoresisitive, magnetoinductive, proton precession, optical pump, nuclear precession, and SQUID (superconducting quantum interference devices) are various technologies for magnetic sensors. The future of magnetic sensors is mainly dependent on hybrid sensor technology, electric and hybrid vehicles.
Asahi Kasei Microsystems (Japan), Allegro MicroSystems Inc. (U.S.), Alps Electrics Co. (Japan), Austriamicrosystems AG (Germany), Robert Bosch GmbH (Germany), DENSO Corporation (Japan), ELMOS Semiconductor AG (Germany), Freescale Semiconductor Holdings I, Ltd. (U.S.), Honeywell International Inc. ( U.S.), Infineon Technologies AG (Germany), Melexis NV (Belgium), Memsic Inc. (U.S.), Micronas Semiconductor (Switzerland), NVE Corporation (U.S.), NXP Semiconductors N.V.( The Netherlands), and Magnetic Sensors Corp (U.S.) are the market leaders in this segment.
With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Usage pattern of various magnetic sensors like angular sensors, revolution sensors, current sensors and position sensors
Detailed analysis based on application and geography
Usage pattern (in-depth trend analysis) of products in consumer, automotive, industrial, aerospace, and defense
Product Matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub segment level
End-user Adoption rate analysis of the products (Segment wise and Country wise)
Comprehensive coverage of Product approvals, Pipeline products and Product recalls
Segmentation of magnetic sensor market based on technologies such as Fluxgate, Hall Effect, Magnetoresisitive, Magnetoinductive, Proton Precession, Optical Pump, Nuclear Precession, and SQUID
Product specific and region specific market share analysis of top players
Key developments of each top player that affect the market dynamics.
Shipment/ Volume Data
Value of raw materials/ components shipped annually specific to region and countries which are major market in magnetic sensors
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