Magnetic Sensors Market

Date: 2016-05

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. Globally, growth of consumer electronics and appliances, and increasing demand in automotive industry are the prime growth driver of magnetic field sensor market. In addition, rising demand for hybrid and electric vehicles will create new opportunities for magnetic field sensor market. However, inconsistent strength of magnetic field and other technological limitations are key restraints for magnetic field sensor market.

This report identifies the global magnetic sensors market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to magnetic sensors market.

Geographically Asia Pacific dominated global magnetic sensors market, due to increasing demand for automobiles and smart phones in this region and North America is projected to have the fastest growth, owing to revised government policies and expansion of the magnetic sensors business in this region.

This report segments global magnetic sensors market on the basis of type, technology, application and regional market as follows:
Global Magnetic Sensors Market, By Type: Anisotropic Magneto-Resistive (AMR) magnetometer, Hall Effect, Global Magnetic Sensors Market, By Technology, and Tunnel Magneto Resistance (TMR) Magnetometer
Global Magnetic Sensors Market, By Technology: Low Field Sensor Technology, Earth Field Sensor Technology, and Bias Magnetic Field Sensor Technology
The report has also focused study on magnetic sensors market on the basis of application industry in which its being used: Industrial, Robotics, Energy & Power, Consumer electronics, Healthcare, Aerospace and Defence, Automotive
This is report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

This report identifies all the major companies operating in the magnetic sensors market. Some of the major companies’ profiles in detail are as follows:
Elmos Semiconductor AG
Baumer Ltd.
Honeywell International, Inc.
Robert Bosch GmbH
NVE Corporation A


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