Market Overview:
The global giant magnetoresistive (GMR) sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for GMR sensors in automotive, consumer electronics, industrial applications, and other applications. Additionally, the growing demand for miniaturized and low-power consumption devices is also contributing to the growth of this market. On the basis of type, the global GMR sensors market can be segmented into low field sensor technology, earth field sensor technology, bias magnetic field sensor technology. The low field sensor technology segment is expected to account for a major share of this market during the forecast period owing to its high adoption in automotive and consumer electronics applications. On the basis of application, this market can be divided into automotive, consumer electronics industrial applications,, others).
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Product Definition:
Giant Magnetoresistive (GMR) Sensors are used in devices such as hard drives and read heads to detect the presence or absence of a magnetic field. The importance of Giant Magnetoresistive (GMR) Sensors is that they are very sensitive to small changes in magnetic fields, making them ideal for detecting data on a storage device.
Low Field Sensor Technology:
Low-field sensor technology is a new term in the market and has been used to refer to various techniques for measuring fields below the surface of solids. The most important low-field sensors are GMR sensors, which are widely used in industrial applications. Other types of low field sensors include tunnel magnetoresistance (TMR), spin torque microscopy, and free electron laser spectroscopy (FEL).
Earth Field Sensor Technology:
Earth field sensor technology and it's usage in giant magnetoresistive sensors market is expected to grow at a significant rate over the forecast period. The key drivers for this market are increasing demand for high-temperature superconducting magnets, growing energy storage demand, and decreasing renewable energy production cost. Increasing government funding towards R&D activities has resulted in the development of new technologies that can be used to address current environmental issues such as climate change and pollution.
Application Insights:
The industrial applications segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. GMR sensors are used in various industries including power, oil & gas, medical equipment, aerospace & defense and transportation. The growing adoption of electric vehicles is expected to drive their demand further as they can be manufactured with smaller size and consume less power thereby making them suitable for use in electric vehicles.
Automotive was the second largest application segment accounting for a significant revenue share in 2017 owing to increasing demand from advanced economies such as U.S.
Regional Analysis:
North America was the largest market for GMR sensors in 2016 and accounted for over 35% of the global share. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, such as automotive, consumer electronics, and industrial applications.
The Asia Pacific giant magnetoresistive sensor market is anticipated to witness significant growth during the forecast period due to rising product demand from emerging economies such as China and India. Furthermore, increasing government initiatives towards adoption of magnetic sensing technology are also expected to drive industry growth in this region. For instance, ‘Make in India’ initiative by Indian government aims at manufacturing products within country's borders thereby driving regional industry growth prospects positively.
Growth Factors:
- Increasing demand for miniaturization in electronic devices: The ever-growing demand for smaller and more powerful electronic devices is a key growth driver for the GMR sensors market. Miniaturized GMR sensors are finding increasing applications in portable electronics, medical devices, and automobiles.
- Rising demand from the automotive industry: The automotive industry is one of the key end-users of GMR sensors. Increasing adoption of advanced safety features in cars such as collision avoidance systems and lane departure warning systems is driving the demand for GMR sensors in this sector.
- Growing popularity of wearable technology: Wearable technology is another rapidly growing application area for GMR sensors. These tiny sensing devices are being used to track various health parameters such as heart rate, steps taken, and calories burned by users wearing them on their bodies or clothing items like hats or wristbands etcetera . This burgeoning market offers immense potential growth opportunities for players operating in theGMRSensorsmarket .
Scope Of The Report
Report Attributes
Report Details
Report Title
Giant Magnetoresistive (GMR) Sensors Market Research Report
By Type
Low Field Sensor Technology, Earth Field Sensor Technology, Bias Magnetic Field Sensor Technology
By Application
Automotive, Consumer Electronics, Industrial Applications, Others
By Companies
Asahi Kasei Corporation (Japan), Sanken Electric Co., Ltd. (Japan), Infineon Technologies AG (Germany), Diodes, NXP Semiconductors N.V. (Netherlands), MEMSic, Inc. (USA), TE Connectivity Ltd (Switzland), Robert Bosch GmbH (Germany), Honeywell International Inc. (USA), Analog Devices, Inc. (USA), Alps Electric(Japan), Melexis NV (Belgium), Micronas Semiconductor (Switzland), AMS AG (Australia)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Giant Magnetoresistive (GMR) Sensors Market Report Segments:
The global Giant Magnetoresistive (GMR) Sensors market is segmented on the basis of:
Types
Low Field Sensor Technology, Earth Field Sensor Technology, Bias Magnetic Field Sensor Technology
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Consumer Electronics, Industrial Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Kasei Corporation (Japan)
- Sanken Electric Co., Ltd. (Japan)
- Infineon Technologies AG (Germany)
- Diodes
- NXP Semiconductors N.V. (Netherlands)
- MEMSic, Inc. (USA)
- TE Connectivity Ltd (Switzland)
- Robert Bosch GmbH (Germany)
- Honeywell International Inc. (USA)
- Analog Devices, Inc. (USA)
- Alps Electric(Japan)
- Melexis NV (Belgium)
- Micronas Semiconductor (Switzland)
- AMS AG (Australia)
 Sensors Market Overview.svg)
Highlights of The Giant Magnetoresistive (GMR) Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Field Sensor Technology
- Earth Field Sensor Technology
- Bias Magnetic Field Sensor Technology
- By Application:
- Automotive
- Consumer Electronics
- Industrial Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Giant Magnetoresistive (GMR) Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Giant Magnetoresistive (GMR) sensors are a type of sensor that uses the properties of magnets to measure physical or electrical properties. These sensors can be used in a variety of applications, including industrial and automotive manufacturing, medical diagnostics, and security systems.
Some of the major players in the giant magnetoresistive (gmr) sensors market are Asahi Kasei Corporation (Japan), Sanken Electric Co., Ltd. (Japan), Infineon Technologies AG (Germany), Diodes, NXP Semiconductors N.V. (Netherlands), MEMSic, Inc. (USA), TE Connectivity Ltd (Switzland), Robert Bosch GmbH (Germany), Honeywell International Inc. (USA), Analog Devices, Inc. (USA), Alps Electric(Japan), Melexis NV (Belgium), Micronas Semiconductor (Switzland), AMS AG (Australia).
The giant magnetoresistive (gmr) sensors market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Giant Magnetoresistive (GMR) Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Giant Magnetoresistive (GMR) Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Giant Magnetoresistive (GMR) Sensors Market - Supply Chain
4.5. Global Giant Magnetoresistive (GMR) Sensors Market Forecast
4.5.1. Giant Magnetoresistive (GMR) Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Giant Magnetoresistive (GMR) Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Giant Magnetoresistive (GMR) Sensors Market Absolute $ Opportunity
5. Global Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
5.3.1. Low Field Sensor Technology
5.3.2. Earth Field Sensor Technology
5.3.3. Bias Magnetic Field Sensor Technology
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Consumer Electronics
6.3.3. Industrial Applications
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Giant Magnetoresistive (GMR) Sensors Demand Share Forecast, 2019-2026
9. North America Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Consumer Electronics
9.4.3. Industrial Applications
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
9.7.1. Low Field Sensor Technology
9.7.2. Earth Field Sensor Technology
9.7.3. Bias Magnetic Field Sensor Technology
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Giant Magnetoresistive (GMR) Sensors Demand Share Forecast, 2019-2026
10. Latin America Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Consumer Electronics
10.4.3. Industrial Applications
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
10.7.1. Low Field Sensor Technology
10.7.2. Earth Field Sensor Technology
10.7.3. Bias Magnetic Field Sensor Technology
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Giant Magnetoresistive (GMR) Sensors Demand Share Forecast, 2019-2026
11. Europe Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Consumer Electronics
11.4.3. Industrial Applications
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
11.7.1. Low Field Sensor Technology
11.7.2. Earth Field Sensor Technology
11.7.3. ias Magnetic Field Sensor Technology
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Giant Magnetoresistive (GMR) Sensors Demand Share, 2019-2026
12. Asia Pacific Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Consumer Electronics
12.4.3. Industrial Applications
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
12.7.1. Low Field Sensor Technology
12.7.2. Earth Field Sensor Technology
12.7.3. Bias Magnetic Field Sensor Technology
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Giant Magnetoresistive (GMR) Sensors Demand Share, 2019-2026
13. Middle East & Africa Giant Magnetoresistive (GMR) Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Consumer Electronics
13.4.3. Industrial Applications
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Giant Magnetoresistive (GMR) Sensors Market Size and Volume Forecast by Type
13.7.1. Low Field Sensor Technology
13.7.2. Earth Field Sensor Technology
13.7.3. Bias Magnetic Field Sensor Technology
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Giant Magnetoresistive (GMR) Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Giant Magnetoresistive (GMR) Sensors Market: Market Share Analysis
14.2. Giant Magnetoresistive (GMR) Sensors Distributors and Customers
14.3. Giant Magnetoresistive (GMR) Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Kasei Corporation (Japan)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sanken Electric Co., Ltd. (Japan)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Infineon Technologies AG (Germany)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diodes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NXP Semiconductors N.V. (Netherlands)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MEMSic, Inc. (USA)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TE Connectivity Ltd (Switzland)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Robert Bosch GmbH (Germany)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International Inc. (USA)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Analog Devices, Inc. (USA)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alps Electric(Japan)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Melexis NV (Belgium)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Micronas Semiconductor (Switzland)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AMS AG (Australia)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
