Report Feature
The future of the on-board magnetic sensor market looks promising with opportunities in the automotive, healthcare, and aerospace & defense, industrial, and consumer electronics industries. The global on-board magnetic sensor market is expected to grow with a CAGR of 7% to 9% from 2021 to 2026. The major drivers for this market are increasing usage in consumer electronics and automotive sectors, growth in the adoption of on-board magnetic sensor for navigation, and increasing interest of leading manufactures to produce 3D magnetic sensor.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of on-board magnetic sensor market report download the report brochure.
The study includes trends and forecast for the global on-board magnetic sensor market by type, magnetic density, end use industry, and region as follows:
By Type [$M shipment analysis for 2015 – 2026]:
- Hall Effect Sensors
- Magnetoresistive Sensors
- SQUID Sensors
- Others
- Fluxgate Sensors
- Optically Pumped
- Overhauser
- Search Coil
- Magnetodiode
- Magneto-Optical
- Magnetoinductive
- Reed
By Magnetic Density [$M shipment analysis for 2015 – 2026]:
- <1 Microgauss (Low-Field Sensors)
- 1 Microgauss to 10 Gauss (Earth Field Sensors)
- >10 Gauss (Bias Magnetic Field Sensors)
By End Use Industry [$M shipment analysis for 2015 – 2026]:
- Automotive
- Consumer Electronics
- Healthcare
- Aerospace & Defense
- Industrial
- Others
- Energy & Power
- Food & Beverages
- Transportation
By Region [$M shipment analysis for 2015 – 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
>10 gauss (bias magnetic field sensors) will remain the largest segment due to growth in the automotive and consumer electronics sector.
Industrial will remain the largest end use industry during the forecast period due to growing applications of control systems and automation equipment and surge in demand for safety and navigation features.
Asia Pacific will remain the largest region during the forecast period due to increase in demand for consumer electronic devices such as laptops, smartphones, and cameras in APAC region.
Some of the on-board magnetic sensor companies profiled in this report include Asahi Kasei Microdevices, Sanken Electric, Infineon Technologies, TDK Corporation, and Melexis NV.
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Features of On-Board Magnetic Sensor Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global on-board magnetic sensor market by type (hall effect sensors, magnetoresistive sensors, squid sensors, and others), magnetic density (<1 microgauss (low field sensor), 1 microgauss to 10 gauss (earth field sensor), and >10 gauss (bias magnetic field sensors)), end use industry (automotive, healthcare, aerospace & defense, industrial, consumer electronics, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the on-board magnetic sensor market? Q.5 What are the business risks and threats to the on-board magnetic sensor market? Q.6 What are emerging trends in this on-board magnetic sensor market and the reasons behind them? Q.7 What are some changing demands of customers in the on-board magnetic sensor market? Q.8 What are the new developments in the on-board magnetic sensor market? Which companies are leading these developments? Q.9 Who are the major players in the on-board magnetic sensor market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the on-board magnetic sensor market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the on-board magnetic sensor market? |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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