Global Magnetic Field Sensors Market Report, History and Forecast 2018-2029
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Magnetic Field Sensors was estimated at US$ 2.86 billion in the year 2022, is projected to reach a revised size of US$ 5.13 billion by 2029, growing at a CAGR of 8.92 % during the forecast period 2023-2029.
North American market for Magnetic Field Sensors was valued at $ 815.28 million in 2022 and will reach $ 1,495.77 million by 2029, at a CAGR of 9.26 % during the forecast period of 2023 through 2029.
Asia-Pacific market for Magnetic Field Sensors was valued at $ 1,190.30 million in 2022 and will reach $ 2,340.17 million by 2029, at a CAGR of 10.35 % during the forecast period of 2023 through 2029.
Europe market for Magnetic Field Sensors was valued at $ 640.37 million in 2022 and will reach $ 993.93 million by 2029, at a CAGR of 6.73 % during the forecast period of 2023 through 2029.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Magnetic Field Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Field Sensors.
The Magnetic Field Sensors market size, estimations, and forecasts are provided in terms of sales volume (Million Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Magnetic Field Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Magnetic Field Sensors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Magnetic Field Sensors segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2018-2022, 2023-2029), considering 2022 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
Allegro MicroSystem
Infineon
Asahi Kasei Microdevices
TDK
NXP
Melexis
Honeywell
ams OSRAM
Diodes
Texas Instruments
TE Connectivity
Analog Devices
Shanghai Orient-Chip Technology
Murata
MEMSic
Segment by Type
Hall Effect
AMR
GMR
TMR
Others
Segment by Application
Automotive
Industrial & Infrastructure
Consumer Devices
Others
By Region
North America
United States
Canada
Asia-Pacific
Japan
South Korea
China
Southeast Asia
India
Taiwan
Australia
Rest of APAC
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa