Market Overview:
The global GMR sensors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturization and higher performance in consumer electronics and automotive applications, rising adoption of GMR sensors in medical & biological applications, and growing demand for advanced security systems. However, the high cost of these sensors may restrain the growth of this market to some extent. The global GMR sensors market is segmented on the basis of type, application, and region. On the basis of type, it is divided into standard multilayer GMR sensor, high temperature multilayer GMR sensor (HTMGR), low hysteresis HTMGR sensor, spin valve (SV)GMPR sensor,,and others including tunneling magnetoresistance (TMR)sensors,.S.(Switzerland),etc.
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Product Definition:
A Giant Magneto Resistive (GMR) Sensor is a type of sensor that uses the principle of Giant Magneto Resistance to detect changes in the magnetic field. This type of sensor is used in a variety of applications, including position sensors, current sensors, and vibration sensors.
Standard Multilayer:
The multilayer is a stack of thin-film layers made from different materials. The topmost layer acts as an electrical barrier and prevents the charge carriers to leak out of the device. The thickness of each layer can be varied to control the conductivity based on its requirement.
Multilayer has several advantages over single film, which include high resistance towards oxidation and reduction, low leakage current, higher breakdown voltage & Curie temperature along with improved performance in high magnetic fields.
High Temperature Multilayer:
High temperature multilayer is a type of ceramic material that consists of three or more thin layers. The topmost layer is at a high temperature and the remaining layers are at lower temperatures. As the name suggests, it has good heat resistance property. It can withstand high temperature environment without breaking down or melting even after continuous exposure to heat for long period of time.
Application Insights:
The industrial applications segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growing demand for sensors from various industries including oil & gas, chemical, power generation, mining and transportation is expected to drive product demand. Increasing investments in research & development activities by companies such as AEM Electronics Malaysia BHD are also likely to contribute positively towards industry growth.
Automotive was the second-largest application segment in 2017 owing to increasing penetration of GMR technology across several automotive components including engine control systems and transmission systems. The high temperature multilayer GMR sensor provides excellent resistance against heat which enables its use at high temperatures without affecting device performance. Furthermore, these products exhibit low hysteresis characteristics which make them suitable for use in automotive transmissions with smooth gear changes at both low speed as well as high speeds.
Regional Analysis:
North America dominated the global GMR sensors market in terms of revenue share in 2016. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use sectors, such as automotive and consumer electronics. Asia Pacific is projected to witness significant growth over the next eight years due to rising investments by key players for expanding their operations within this region. Moreover, increasing use of these sensors across several industrial applications such as oil & gas and mining are also contributing towards regional growth. Additionally, growing demand for miniaturized products along with advancements in technology will drive this regional market further.
The European market was valued at USD X million in 2016 and is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing high product adoption across major end-use industries including aerospace & defense.
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 lane departure warning systems (LDWS), blind spot detection (BSD), and collision avoidance systems (CAS) 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 the global GMR sensor market . 4) Proliferation of Internet-of-Things (IoT): The IoT ecosystem is expanding at a rapid pace with new applications and use cases being developed every day . This growing trend is fueling the demand for low power consumption MEMS components includingGMRSensors , which are essentialfor enabling large scale deploymentof IoT solutions across different industries . 5) Growing investments in R&D activities: Key players operatingin
Scope Of The Report
Report Attributes
Report Details
Report Title
Giant Magneto Resistive (GMR) Sensors Market Research Report
By Type
Standard Multilayer, High Temperature Multilayer, Low Hysteresis High Temperature Multilayer, Spin Valve, Others
By Application
Automotive, Consumer Electronics, Industrial Applications, Aerospace & Defense, Medical & Biological, Others
By Companies
Infineon Technologies, Allegro MicroSystems, Hitachi Metals, NVE, NAL, Yamaha, Robert Bosch, Alps Alpine, Sensitec
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Giant Magneto Resistive (GMR) Sensors Market Report Segments:
The global Giant Magneto Resistive (GMR) Sensors market is segmented on the basis of:
Types
Standard Multilayer, High Temperature Multilayer, Low Hysteresis High Temperature Multilayer, Spin Valve, Others
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, Aerospace & Defense, Medical & Biological, 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:
- Infineon Technologies
- Allegro MicroSystems
- Hitachi Metals
- NVE
- NAL
- Yamaha
- Robert Bosch
- Alps Alpine
- Sensitec
 Sensors Market Overview.svg)
Highlights of The Giant Magneto Resistive (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:
- Standard Multilayer
- High Temperature Multilayer
- Low Hysteresis High Temperature Multilayer
- Spin Valve
- Others
- By Application:
- Automotive
- Consumer Electronics
- Industrial Applications
- Aerospace & Defense
- Medical & Biological
- 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 Magneto Resistive (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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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?
GMR sensors are a type of resistive sensor that uses a giant magnet to detect the presence or absence of an object. This sensor is often used in industrial applications where it is important to detect the presence of metal objects.
Some of the major companies in the giant magneto resistive (gmr) sensors market are Infineon Technologies, Allegro MicroSystems, Hitachi Metals, NVE, NAL, Yamaha, Robert Bosch, Alps Alpine, Sensitec.
The giant magneto resistive (gmr) sensors market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Giant Magneto Resistive (GMR) Sensors 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 Giant Magneto Resistive (GMR) Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Giant Magneto Resistive (GMR) Sensors 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 Giant Magneto Resistive (GMR) Sensors 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 Giant Magneto Resistive (GMR) Sensors Market Size & Forecast, 2020-2028
4.5.1 Giant Magneto Resistive (GMR) Sensors Market Size and Y-o-Y Growth
4.5.2 Giant Magneto Resistive (GMR) Sensors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Standard Multilayer
5.2.2 High Temperature Multilayer
5.2.3 Low Hysteresis High Temperature Multilayer
5.2.4 Spin Valve
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial Applications
6.2.4 Aerospace & Defense
6.2.5 Medical & Biological
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Giant Magneto Resistive (GMR) Sensors 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 Giant Magneto Resistive (GMR) Sensors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Standard Multilayer
9.6.2 High Temperature Multilayer
9.6.3 Low Hysteresis High Temperature Multilayer
9.6.4 Spin Valve
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Industrial Applications
9.10.4 Aerospace & Defense
9.10.5 Medical & Biological
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Standard Multilayer
10.6.2 High Temperature Multilayer
10.6.3 Low Hysteresis High Temperature Multilayer
10.6.4 Spin Valve
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Industrial Applications
10.10.4 Aerospace & Defense
10.10.5 Medical & Biological
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Standard Multilayer
11.6.2 High Temperature Multilayer
11.6.3 Low Hysteresis High Temperature Multilayer
11.6.4 Spin Valve
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Industrial Applications
11.10.4 Aerospace & Defense
11.10.5 Medical & Biological
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Standard Multilayer
12.6.2 High Temperature Multilayer
12.6.3 Low Hysteresis High Temperature Multilayer
12.6.4 Spin Valve
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Industrial Applications
12.10.4 Aerospace & Defense
12.10.5 Medical & Biological
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Standard Multilayer
13.6.2 High Temperature Multilayer
13.6.3 Low Hysteresis High Temperature Multilayer
13.6.4 Spin Valve
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Industrial Applications
13.10.4 Aerospace & Defense
13.10.5 Medical & Biological
13.10.6 Others
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 Giant Magneto Resistive (GMR) Sensors Market: Competitive Dashboard
14.2 Global Giant Magneto Resistive (GMR) Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Infineon Technologies
14.3.2 Allegro MicroSystems
14.3.3 Hitachi Metals
14.3.4 NVE
14.3.5 NAL
14.3.6 Yamaha
14.3.7 Robert Bosch
14.3.8 Alps Alpine
14.3.9 Sensitec
