According to a new market report published by Lucintel, 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 8% 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.
To download report brochure, please go to https://www.lucintel.com/on-board-magnetic-sensor-market.aspx and click "download brochure" tab from the menu.
In this market, different magnetic density of on-board magnetic sensor, such as <1 microgauss (low field sensor), 1 microgauss to 10 gauss (earth field sensor), and >10 gauss (bias magnetic field sensors) are used in a wide range of industries. Lucintel forecasts that >10 gauss (bias magnetic field sensors) will remain the largest segment due to growth in the automotive and consumer electronics sector.
Within the on-board magnetic sensor market, 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.
Asahi Kasei Microdevices, Sanken Electric, Infineon Technologies, TDK Corporation, and Melexis NV are among the major on-board magnetic sensor manufacturers.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global on-board magnetic sensor market by type, magnetic density, end use industry, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global On-Board Magnetic Sensor Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. 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 [$M shipment analysis for 2015 – 2026]:
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Hall Effect Sensors
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Magnetoresistive Sensors
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SQUID Sensors
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Others
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Fluxgate Sensors
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Optically Pumped
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Overhauser
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Search Coil
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Magnetodiode
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Magneto-Optical
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Magnetoinductive
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Reed
By Magnetic Density [$M shipment analysis for 2015 – 2026]:
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<1 Microgauss (Low-Field Sensors)
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1 Microgauss to 10 Gauss (Earth Field Sensors)
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>10 Gauss (Bias Magnetic Field Sensors)
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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Automotive
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Consumer Electronics
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Healthcare
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Aerospace & Defense
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Industrial
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Others
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Energy & Power
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Food & Beverages
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Transportation
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
