Global Magnetic Field Sensor Market 2024-2028

Global Magnetic Field Sensor Market 2024-2028


Global Magnetic Field Sensor Market 2024-2028

The magnetic field sensor market is forecasted to grow by USD 3570.4 mn during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the magnetic field sensor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improved efficiency in automotive segment, growing demand for e-compasses, and emergence of self-driven car technology.

Technavio's magnetic field sensor market is segmented as below:
  • By Application
  • Automotive
  • Consumer electronics
  • Industrial
  • Others
  • By Technology
  • Hall-effect sensors
  • Magnetoresistive sensors
  • MEMS sensors
  • Others
  • By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the emergence of wearable technologies as one of the prime reasons driving the magnetic field sensor market growth during the next few years. Also, location-based tracking through lte and lte-a and improved size and cost-effectiveness of magnetic field sensors will lead to sizable demand in the market.

The report on the magnetic field sensor market covers the following areas:
  • Magnetic field sensor market sizing
  • Magnetic field sensor market forecast
  • Magnetic field sensor market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading magnetic field sensor market vendors that include Allegro MicroSystems Inc., ams OSRAM AG, Analog Devices Inc., Asahi Kasei Corp., Balluff GmbH, Baumer Holding AG, Crocus Technology International Corp., Diodes Inc., Honeywell International Inc., iC Haus GmbH, Infineon Technologies AG, Lake Shore Cryotronics Inc., Melexis NV, NVE Corp., NXP Semiconductors NV, Pepperl and Fuchs SE, Sensitec GmbH, TDK Corp., TE Connectivity Ltd., and Vernier Software and Technology LLC. Also, the magnetic field sensor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Magnetic Field Sensor Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Magnetic Field Sensor Market 2018 - 2022 ($ million)
    • Application segment analysis 2018 - 2022
    • Technology segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Application
    • Market segments
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Data Table on Comparison by Application
    • Automotive - Market size and forecast 2023-2028
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Consumer electronics - Market size and forecast 2023-2028
      • Table Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
    • Industrial - Market size and forecast 2023-2028
      • Table Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2023-2028 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Hall-effect sensors - Market size and forecast 2023-2028
      • Table Data Table on Hall-effect sensors - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hall-effect sensors - Year-over-year growth 2023-2028 (%)
    • Magnetoresistive sensors - Market size and forecast 2023-2028
      • Table Data Table on Magnetoresistive sensors - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Magnetoresistive sensors - Year-over-year growth 2023-2028 (%)
    • MEMS sensors - Market size and forecast 2023-2028
      • Table Data Table on MEMS sensors - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on MEMS sensors - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • South Korea - Market size and forecast 2023-2028
      • Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Improved efficiency in automotive segment
      • Growing demand for e-compasses
      • Emergence of self-driven car technology
    • Market challenges
      • Long-drawn design phase increases time-to-market
      • Miniaturization affects performance
      • Effect of temperature on sensor operations
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Emergence of wearable technologies
      • Location-based tracking through LTE and LTE-A
      • Improved size and cost-effectiveness of magnetic field sensors
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Allegro MicroSystems Inc.
    • ams OSRAM AG
    • Analog Devices Inc.
    • Asahi Kasei Corp.
    • Balluff GmbH
    • Baumer Holding AG
    • Crocus Technology International Corp.
    • Honeywell International Inc.
    • Infineon Technologies AG
    • Lake Shore Cryotronics Inc.
    • Melexis NV
    • NVE Corp.
    • NXP Semiconductors NV
    • TDK Corp.
    • TE Connectivity Ltd.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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