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Global Magnetic Field Sensors Market 2016-2020

Global Magnetic Field Sensors Market 2016-2020

About the Magnetic Field Sensor Market

Magnetic field sensors are devices used to sense and study the magnetic field around electrical devices, permanent magnets, and coils. These sensors are made of rotating sensor tip that measures transverse and longitudinal magnetic fields. Traditional magnetic field sensors facilitated navigation on oceans by sensing the magnetic poles of the Earth. Since then, the application of magnetic sensors has expanded to industrial use, for the detection of a magnetic field's strength, presence, and direction from soft magnets, permanent magnets, brain wave activity, vehicle disturbances, and fields generated from electric currents. Magnetic sensors are the primary navigation means for industrial control systems. The increasing demand for compact size, improved sensitivity, and compatibility to control systems has driven the need for magnetic field sensing technology.

Technavio’s analysts forecast the global magnetic field sensor market to grow at a CAGR of 9.78% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global magnetic field sensor market for 2016-2020. The market size is calculated on the basis of revenue generated from the sales of magnetic field sensors.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Magnetic Field Sensor Market 2016-2020, 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
Other prominent vendors
  • Bosch Sensortec
  • Honeywell
  • Melexis Microelectronic Systems
  • MEMSIC
  • NXP Semiconductors
Market driver
  • improved efficiency in the automotive segment
  • For a full, detailed list, view our report
Market challenge
  • adverse effect of temperature on sensor operations
  • For a full, detailed list, view our report
Market trend
  • emergence of wearable tech
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 2016-2020

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.

Other Prominent Vendors in the market are: Bosch Sensortec, Honeywell, Melexis Microelectronic Systems, MEMSIC, and NXP Semiconductors.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is propelling market growth is the emergence of wearable tech. Globally, individuals are increasingly adopting wearable devices to enhance the quality of their lifestyle. Wearable tech is a mobile form of communications technology that is worn on the body and can be used to monitor daily activities and access smartphone functionalities. It includes smart watches, smart glasses (such as Google Glass), smart fabrics, heart rate monitors, and fitness tracking gadgets (such as FitBit Surge). Magnetic sensor manufacturers such as Infineon have started developing MEMS magnetic sensors to support the requirements of wearable technology.”

According to the report, a key growth driver is the improved efficiency in the automotive segment. Numerous sensors are required in modern cars, and many more automotive applications are expected to be introduced in the coming years. This can be attributed to consumers demanding features that improve safety, handling, stability, performance, comfort, and convenience. In vehicles, the body and powertrain segments show the highest potential for magnetic field sensors.

Further, the report states that one challenge that could hamper market growth is the adverse effect of temperature on sensor operations.

Companies Mentioned

Allegro MicroSystems, Asahi Kasei, Infineon Technologies, Micronas Semiconductor, Bosch Sensortec, Honeywell, Melexis Microelectronic Systems, MEMSIC, NXP Semiconductors.

  • Executive summary
    • Highlights
  • Scope of the report
    • Report coverage
    • Base year and forecast period
    • Vendor segmentation
    • Market segmentation
      • Table Global magnetic field sensor market 2015
    • Geographical segmentation
      • Table Key regions covered
    • Common currency conversion rates
      • Table Standard currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Technology landscape
      • Table Evolution of magnetic field sensors
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global magnetic field sensor market forecast 2015-2020 ($ billions)
      • Table Magnetic field sensor applications
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global magnetic field sensor market by application
      • Table Global magnetic field sensor market by applications 2015 and 2020
    • Global magnetic field sensor market by application 2015-2020
      • Table Global magnetic field sensor market by application 2015-2020 (% share)
    • Automotive
      • Table Global magnetic field sensor market by automotive 2015-2020 ($ billions)
    • Consumer electronics
      • Table Global magnetic field sensor market by consumer electronics 2015-2020 ($ millions)
    • Others
      • Table Global magnetic field sensor market by others 2015-2020 ($ millions)
  • Market segmentation by technology
    • Global magnetic field sensor market by technology
      • Table Global magnetic field sensor market by technology 2015 and 2020
      • Table Global magnetic field sensor market by technology 2015-2020
    • Anisotropic MR sensors
      • Table Global magnetic field sensor market by anisotropic MR sensors 2015-2020 ($millions)
    • Giant MR sensors
      • Table Global magnetic field sensor market by giant MR sensor 2015-2020 ($ millions)
    • Hall effect sensor
      • Table Global magnetic field sensor market by Hall effect sensor 2015-2020 ($ billions)
      • Table Global car production forecast 2015-2020 (in millions)
      • Table Global car production forecast by country 2015 (% share)
      • Table Application areas of magnetic field sensors in automotive industry
  • Geographical segmentation
    • Global magnetic field sensor market by geography
      • Table Global magnetic field sensor market by geography 2015 and 2020
      • Table Global magnetic field sensor market by geography 2015-2020
    • APAC
      • Table Magnetic field sensor market forecast in APAC 2015-2020 ($ millions)
    • EMEA
      • Table Magnetic field sensor market by EMEA 2015-2020 ($ millions)
    • Americas
      • Table Magnetic field sensor market forecast in Americas 2015-2020 ($ millions)
  • Market drivers
    • Table Global smartphone shipment forecast 2015-2020 (millions of units)
    • Table Global tablet shipments forecast 2015-2020 (millions of units)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Principle parameters of competition
    • Other prominent vendors
      • Table Other prominent vendors
    • Market figures snapshot
      • Table Market summary of magnetic field sensor market 2015-2020
      • Table CAGR comparison for application segments 2015-2020
      • Table CAGR comparison for geographical segments 2015-2020
      • Table CAGR comparison for technology segments 2015-2020
      • Table Application segments: Year-over-year revenue comparison ($ millions)
      • Table Geographical segments: Year-over-year revenue comparison ($ millions)
      • Table Technology segments: Year-over-year revenue comparison ($ billions)
      • Table Application segments: Year-over-year revenue growth rate comparison (by percentage)
      • Table Geographical segments: Year-over-year revenue growth rate comparison (by percentage)
      • Table Geographical revenue growth rate in 2015
      • Table Geographical revenue growth rate in 2020
  • Appendix
    • List of abbreviations
  • Explore Technavio

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