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Global Magnetic Field Sensor Market 2017-2021

Global Magnetic Field Sensor Market 2017-2021

About Magnetic Field Sensor

A sensor is a device that measures or responds to physical changes in the environment and converts signals accordingly. Sensors that use magnetic fields to sense changes in the environment are known as magnetic field sensors. The applications of magnetic sensors mainly include speed sensing, motion sensing, and direction sensing. These sensors have found applications in different sectors such as automotive, wireless and consumer electronics, industrial, military, energy, medical, and data processing. The market considered here comprises of devices that use the application of magnetic field technology. Devices used for detecting magnetic fields are not considered for this report.

Technavio’s analysts forecast the global magnetic field sensor market to grow at a CAGR of 9.48% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global magnetic field sensor market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Magnetic Field Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Allegro MicroSystems
  • Asahi kasei
  • Infineon Technologies
  • Micronas Semiconductor Holding
Other prominent vendors
  • Analog Devices
  • Honeywell Process Solutions
  • NXP Semiconductors
  • Bosch
Market driver
  • Growing adoption of smartphones and tablets worldwide.
  • For a full, detailed list, view our report
Market challenge
  • Background noise affecting efficient performance.
  • For a full, detailed list, view our report
Market trend
  • Improved size and cost-effectiveness of magnetic field sensors.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Magnetic Field Sensor Market 2017-2021

Technavio recognizes the following companies as the key players in the global magnetic field sensor market: Allegro MicroSystems, Asahi Kasei, Infineon Technologies, and Micronas Semiconductor Holding.

Other Prominent Vendors in the market are: Analog Devices, Honeywell Process Solutions, NXP Semiconductors, and Bosch.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is emergence of wearable technologies. There has been an upsurge in the adoption of wearable devices to enhance the quality of life worldwide. Wearable technologies are essentially a mobile form of communications technology that can be attached to a body part and can be used to monitor daily activities apart from providing communication services.”

According to the report, one driver in market is improved efficiency of the automotive segment. A massive number of sensors are required in modern day cars, and many more applications are expected to become regular features of cars in the future. This can be attributed to consumers demanding features that improve safety, handling, stability, performance, comfort, convenience, and other attributes of a vehicle. The body and powertrain segments in vehicles, show the highest potential for the use of magnetic sensors. In the body (cabin) domain there are over 35 applications for sensors, mainly hall-effect magnetic sensors along with low-cost micro switches, reed switches, and potentiometers. In addition, the growing integration of GPS in vehicles for navigation purposes will see a surge in demand for e-compasses, which, in turn, will create a high demand for magnetic sensors.

Further, the report states that one challenges in market is lengthy design phase increases time-to-market. The fabrication of thin-film magnetic microstructures requires the deposition of conductors, insulators, and other materials to ensure that the magnetic field sensors are efficient and capable of performing the desired functions and tasks. However, most manufacturers are using thin film metal alloys, which lack the requisite characteristics, as bulk ferromagnetic materials. This results in eddy currents and adverse hysteresis effect, which increases the core loss and decreases the inductance. Manufacturers must attend to this problem, thereby resulting in a long designing stage. Magnetic field sensor manufacturers are adding in-house calibration routines into their manufacturing processes that allow individual sensor calibration.

Companies Mentioned

Allegro MicroSystems, Asahi Kasei, Infineon Technologies, Micronas Semiconductor Holding, Analog Devices, Honeywell Process Solutions, NXP Semiconductors, and Bosch.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Historical development of magnetic sensors
  • Market landscape
    • Market overview
      • Table Segmentation of magnetic field sensors
    • Market size and forecast
      • Table Global magnetic field sensors market 2016-2021 ($ billions)
      • Table Magnetic field sensor applications
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Table Global magnetic field sensors market by application 2016 & 2021 (% share)
    • Table Global magnetic field sensors market by application 2016-2021 (% share)
    • Table CAGR comparison of application segments 2016-2021 (% share)
    • Automotive
      • Table Global magnetic field sensors market by automotive segment 2016-2021 ($ billions)
    • Consumer electronics
      • Table Global magnetic field sensors market by consumer electronics segment 2016-2021 ($ billions)
    • Industrial
      • Table Global magnetic field sensors market by industrial segment 2016-2021 ($ billions)
    • Others
      • Table Global magnetic field sensors market by others segment 2016-2021 ($ billions)
  • Market segmentation by technology
    • Table Global magnetic field sensors market by technology 2016-2021 (% share)
    • Table CAGR comparison of technology segments 2016-2021 (%)
    • Hall-effect sensors
      • Table Global magnetic field sensors market by hall-effect sensors segment 2016-2021 ($ billions)
    • Magnetoresistive sensors
      • Table Global magnetic field sensors market by magnetoresistive sensors segment 2016-2021 ($ billions)
      • Table Global magnetoresistive sensors market by type in 2016 & 2021 (% share)
      • Table Global magnetic field sensors market by AMR sensors sub-segment 2016-2021 ($ billions)
      • Table Global magnetic field sensors market by GMR sensors sub-segment 2016-2021 ($ billions)
      • Table Global magnetic field sensors market by TMR sensors sub-segment 2016-2021 ($ billions)
    • MEMS sensors
      • Table Global magnetic field sensors market by MEMS sensors segment 2016-2021 ($ billions)
    • Others
      • Table Global magnetic field sensors market by others segment 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global magnetic field sensors market by geography in 2016 & 2021 (% share)
    • Table Global magnetic field sensors market by geography 2016-2021 (% share)
    • Table CAGR comparison of geographical segments 2016-2021 (%)
    • APAC
      • Table Magnetic field sensors market in APAC 2016-2021 ($ billions)
    • Americas
      • Table Magnetic field sensors market in Americas 2016-2021 ($ billions)
    • EMEA
      • Table Magnetic field sensors market in EMEA 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries
    • China
    • US
    • Japan
    • Germany
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global smartphone shipment 2016-2021 (units in millions)
      • Table Global tablet shipments 2016-2021 (units in millions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Emergence of wearable technologies
    • Location-based tracking through LTE and LTE-A
    • Improved size and cost-effectiveness of magnetic field sensors
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Allegro MicroSystems
    • Asahi Kasei
    • Infineon Technologies
    • Micronas Semiconductor Holding
  • Appendix
    • List of abbreviations
  • Explore Technavio

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