Global Magnetic Position Sensor ICs Market Growth 2025-2031

The global Magnetic Position Sensor ICs market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Magnetic Position Sensor ICs, also known as magnetic position sensors or magnetic encoders, are integrated circuits that use magnetic field detection to measure the absolute or relative position of an object. These sensors typically consist of a combination of magnetic sensing elements and signal processing circuitry on a single chip.

United States market for Magnetic Position Sensor ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Magnetic Position Sensor ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Magnetic Position Sensor ICs is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Magnetic Position Sensor ICs players cover TI, ADI, ams AG, Allegro MicroSystems (Sanken Electric), Infineon, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Magnetic Position Sensor ICs Industry Forecast” looks at past sales and reviews total world Magnetic Position Sensor ICs sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetic Position Sensor ICs sales for 2025 through 2031. With Magnetic Position Sensor ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Position Sensor ICs industry.

This Insight Report provides a comprehensive analysis of the global Magnetic Position Sensor ICs 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 Magnetic Position Sensor ICs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Position Sensor ICs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Position Sensor ICs 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 Magnetic Position Sensor ICs.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Position Sensor ICs market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Rotary
Linear
Joystick

Segmentation by Application:
Automotive
Industrial Automation
Process Control
Military & Aerospace
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 analysing the company's coverage, product portfolio, its market penetration.
TI
ADI
ams AG
Allegro MicroSystems (Sanken Electric)
Infineon
Monolithic Power Systems
Melexis
ABLIC (MinebeaMitsumi)
Renesas
Honeywell
QST
Magntek Microelectronics
Alfa Electronics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetic Position Sensor ICs market?

What factors are driving Magnetic Position Sensor ICs market growth, globally and by region?

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

How do Magnetic Position Sensor ICs market opportunities vary by end market size?

How does Magnetic Position Sensor ICs break out by Type, by Application?

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