Global Anisotropic Magnetoresistive (AMR) Sensors Market Growth 2023-2029

Global Anisotropic Magnetoresistive (AMR) Sensors Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Anisotropic Magnetoresistive (AMR) Sensors Industry Forecast” looks at past sales and reviews total world Anisotropic Magnetoresistive (AMR) Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Anisotropic Magnetoresistive (AMR) Sensors sales for 2023 through 2029. With Anisotropic Magnetoresistive (AMR) Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anisotropic Magnetoresistive (AMR) Sensors industry.

This Insight Report provides a comprehensive analysis of the global Anisotropic Magnetoresistive (AMR) Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anisotropic Magnetoresistive (AMR) Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anisotropic Magnetoresistive (AMR) Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anisotropic Magnetoresistive (AMR) Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anisotropic Magnetoresistive (AMR) Sensors.

The global Anisotropic Magnetoresistive (AMR) Sensors market size is projected to grow from US$ 359.4 million in 2022 to US$ 550 million in 2029; it is expected to grow at a CAGR of 550 from 2023 to 2029.

United States market for Anisotropic Magnetoresistive (AMR) Sensors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Anisotropic Magnetoresistive (AMR) Sensors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Anisotropic Magnetoresistive (AMR) Sensors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Anisotropic Magnetoresistive (AMR) Sensors players cover Allegro MicroSystems, Inc. (US), Asahi Kasei Microdevices Corporation (Japan), Austriamicrosystems AG (Austria), Honeywell International, Inc. (US), Infineon Technologies AG (Germany), Melexis Microelectronic Systems (Belgium), MEMSIC, Inc. (US), Micronas Semiconductor Holding AG (Switzerland) and NVE Corporation (US), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Anisotropic Magnetoresistive (AMR) Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low Field Sensor Technology
Earth Field Sensor Technology
Bias Magnetic Field Sensor Technology

Segmentation by application
Automotive
Consumer Electronics
Industrial Applications
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allegro MicroSystems, Inc. (US)
Asahi Kasei Microdevices Corporation (Japan)
Austriamicrosystems AG (Austria)
Honeywell International, Inc. (US)
Infineon Technologies AG (Germany)
Melexis Microelectronic Systems (Belgium)
MEMSIC, Inc. (US)
Micronas Semiconductor Holding AG (Switzerland)
NVE Corporation (US)
NXP Semiconductors N.V. (The Netherlands)
Sensitec GmbH (Germany)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Anisotropic Magnetoresistive (AMR) Sensors market?

What factors are driving Anisotropic Magnetoresistive (AMR) Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Anisotropic Magnetoresistive (AMR) Sensors market opportunities vary by end market size?

How does Anisotropic Magnetoresistive (AMR) Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.