The global Automotive Hall Sensors market size is predicted to grow from US$ 468 million in 2025 to US$ 721 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.
Automotive Hall sensors are devices that are used in the automotive industry to measure the position, speed, and direction of various components in a vehicle, such as the crankshaft, camshaft, and wheel speed sensors. They work on the principle of the Hall Effect, which is the production of a voltage difference (Hall voltage) across an electrical conductor, transverse to an electric current in the conductor and a magnetic field perpendicular to the current.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Hall Sensors Industry Forecast” looks at past sales and reviews total world Automotive Hall Sensors sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Hall Sensors sales for 2025 through 2031. With Automotive Hall Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Hall Sensors industry.
This Insight Report provides a comprehensive analysis of the global Automotive Hall 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 Automotive Hall Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Hall Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Hall 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 Automotive Hall Sensors.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Hall Sensors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Analog Hall Sensor
Digital Hall Sensor
Segmentation by Application:
Commercial Vehicle
Passenger Car
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 analysing the company's coverage, product portfolio, its market penetration.
Asahi Kasei Microdevices
LEM
Allegro Microsystems
Infineon Technologies
Honeywell
Melexis
TDK Corporation
Kohshin Electric
Pulse Electronics
Vacuumschmelze
STMicroelectronics
Tamura
Texas Instruments
Guangdong Yada Electronics
Acrel
Shenzhen Socan Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Hall Sensors market?
What factors are driving Automotive Hall Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Hall Sensors market opportunities vary by end market size?
How does Automotive Hall Sensors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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