Market Overview:
The global automotive magnetic sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for new energy vehicles and the growing trend of autonomous vehicles. Magnetic sensors are used in traditional automobiles as well as new energy vehicles. They are used in various applications such as engine control, braking system, powertrain, and others. North America is expected to hold the largest share of the global automotive magnetic sensor market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
An automotive magnetic sensor is a device used to detect the presence of a magnetic field. Magnetic sensors are often used in cars to detect the position of the ignition key, which is necessary to start the car. Other applications for automotive magnetic sensors include parking assist systems and theft prevention devices.
AMR (Anisotropic Magnetoresistance Effect):
The AMR (Anisotropic Magnetoresistance) effect is a change in the magnetoresistive property of magnetic materials, which causes them to vary in their resistivity depending upon the applied magnetic field. The resistivity can be varied over a wide range by changing the shape and size of grains present in the material. This makes it useful for various applications such as biosensors, spintronics and spin-transfer torque devices among others.
GMR (Giant Magnetoresistance Effect):
The Giant MagnetoResistance effect (GMR) is a magnetic phenomenon which occurs when an electric current flows through a wire and the external magnetic field affects the electron movement in the conductor. This results in changing of resistivity according to applied voltage. The GMR sensor technology has been used as an alternative for Hall Effect, magneto-resistive elements can be manufactured easily at low cost and exhibit high sensitivity with small size & weight along with long sensing distances.
Application Insights:
The traditional automobile segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars and LCVs in economies such as China, India, South Korea and Japan. These countries are also expected to account for a large number of new energy vehicles (EVs) that are being introduced over the coming years owing to government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ that is expected to increase manufacturing output over the next few years.
Magnetic sensors have several advantages including compact size, high resistance against magnetic fields due to their ferrite materials base, low power consumption when compared with other sensing technologies such as optical or capacitive touch sensors; these factors are likely drive their demand across various automotive applications in future.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2016 and is anticipated to witness significant growth over the forecast period owing to increasing demand for automobiles from emerging economies such as China, India, and Japan. Moreover, rising disposable income coupled with government initiatives encouraging people to buy cars will drive AMS market growth in this region.
Europe was valued at USD X million in 2016 and is expected to grow significantly over the next eight years owing to stringent regulations regarding fuel economy of vehicles as well as carbon emissions imposed by governments across various countries such as Germany, France among others are likely boost automotive magnetic sensor demand.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand from the Asia Pacific region
- Growing automotive industry in developing countries
- Technological advancements in magnetic sensor technology
- Increasing adoption of advanced safety features in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Magnetic Sensor Market Research Report
By Type
AMR (Anisotropic Magnetoresistance Effect), GMR (Giant Magnetoresistance Effect), TMR (Tunnel Magnetoresistance Effect)
By Application
Traditional Automobile, New Energy Vehicle
By Companies
NXP, Infineon Technologies, TDK, Magnetic Sensors Corporation, Melexis, Allegro, LEM Holding SA, Honeywell International, Sensitec GmbH, Sanken
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Magnetic Sensor Market Report Segments:
The global Automotive Magnetic Sensor market is segmented on the basis of:
Types
AMR (Anisotropic Magnetoresistance Effect), GMR (Giant Magnetoresistance Effect), TMR (Tunnel Magnetoresistance Effect)
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
Traditional Automobile, New Energy Vehicle
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:
- NXP
- Infineon Technologies
- TDK
- Magnetic Sensors Corporation
- Melexis
- Allegro
- LEM Holding SA
- Honeywell International
- Sensitec GmbH
- Sanken
Highlights of The Automotive Magnetic Sensor 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:
- AMR (Anisotropic Magnetoresistance Effect)
- GMR (Giant Magnetoresistance Effect)
- TMR (Tunnel Magnetoresistance Effect)
- By Application:
- Traditional Automobile
- New Energy Vehicle
- 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 Automotive Magnetic Sensor 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.
How you may use our products:
- Correctly Positioning New Products
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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?
An automotive magnetic sensor is a device that uses the earth's magnetic field to detect movement. Magnetic sensors are used in many applications, including automatic doors, windows and steering systems.
Some of the major players in the automotive magnetic sensor market are NXP, Infineon Technologies, TDK, Magnetic Sensors Corporation, Melexis, Allegro, LEM Holding SA, Honeywell International, Sensitec GmbH, Sanken.
The automotive magnetic sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Magnetic Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Magnetic Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Magnetic Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Magnetic Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Magnetic Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Magnetic Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Magnetic Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Magnetic Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Magnetic Sensor Market Size Forecast by Type
5.2.1 AMR (Anisotropic Magnetoresistance Effect)
5.2.2 GMR (Giant Magnetoresistance Effect)
5.2.3 TMR (Tunnel Magnetoresistance Effect)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Magnetic Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Magnetic Sensor Market Size Forecast by Applications
6.2.1 Traditional Automobile
6.2.2 New Energy Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Magnetic Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Magnetic Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Magnetic Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Magnetic Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Magnetic Sensor Market Size Forecast by Type
9.6.1 AMR (Anisotropic Magnetoresistance Effect)
9.6.2 GMR (Giant Magnetoresistance Effect)
9.6.3 TMR (Tunnel Magnetoresistance Effect)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Magnetic Sensor Market Size Forecast by Applications
9.10.1 Traditional Automobile
9.10.2 New Energy Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Magnetic Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Magnetic Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Magnetic Sensor Market Size Forecast by Type
10.6.1 AMR (Anisotropic Magnetoresistance Effect)
10.6.2 GMR (Giant Magnetoresistance Effect)
10.6.3 TMR (Tunnel Magnetoresistance Effect)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Magnetic Sensor Market Size Forecast by Applications
10.10.1 Traditional Automobile
10.10.2 New Energy Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Magnetic Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Magnetic Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Magnetic Sensor Market Size Forecast by Type
11.6.1 AMR (Anisotropic Magnetoresistance Effect)
11.6.2 GMR (Giant Magnetoresistance Effect)
11.6.3 TMR (Tunnel Magnetoresistance Effect)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Magnetic Sensor Market Size Forecast by Applications
11.10.1 Traditional Automobile
11.10.2 New Energy Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Magnetic Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Magnetic Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Magnetic Sensor Market Size Forecast by Type
12.6.1 AMR (Anisotropic Magnetoresistance Effect)
12.6.2 GMR (Giant Magnetoresistance Effect)
12.6.3 TMR (Tunnel Magnetoresistance Effect)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Magnetic Sensor Market Size Forecast by Applications
12.10.1 Traditional Automobile
12.10.2 New Energy Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Magnetic Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Magnetic Sensor Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Magnetic Sensor Market Size Forecast by Type
13.6.1 AMR (Anisotropic Magnetoresistance Effect)
13.6.2 GMR (Giant Magnetoresistance Effect)
13.6.3 TMR (Tunnel Magnetoresistance Effect)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Magnetic Sensor Market Size Forecast by Applications
13.10.1 Traditional Automobile
13.10.2 New Energy Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Magnetic Sensor Market: Competitive Dashboard
14.2 Global Automotive Magnetic Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NXP
14.3.2 Infineon Technologies
14.3.3 TDK
14.3.4 Magnetic Sensors Corporation
14.3.5 Melexis
14.3.6 Allegro
14.3.7 LEM Holding SA
14.3.8 Honeywell International
14.3.9 Sensitec GmbH
14.3.10 Sanken
