Market Overview:
The global hall effect measurement system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductor and microelectronics products, and the growing adoption of hall effect sensors in various applications. Based on type, the global hall effect measurement system market can be segmented into normal temperature type, high temperature type, and low temperature type. The normal temperature type segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its wide applicability across various industries such as automotive, consumer electronics, industrial automation, and others. Based on application, the global hall effect measurement system market can be divided into semiconductor industry, microelectronics industry, medical devices industry (including implantable medical devices), automotive industry (including electric vehicles), aerospace & defense sector (including UAVs), industrial automation sector (including robotics), power generation sector (including smart grid technology) and others segments including agricultural equipment & drones).
Product Definition:
The Hall Effect Measurement System is used to measure the strength of the Hall Effect, which is a phenomenon that occurs when an electric current flows through a conductor in a magnetic field. The Hall Effect Measurement System is important because it allows scientists and engineers to study this effect and its potential applications.
Normal Temperature Type:
Normal temperature type is a device used in Hall Effect measurement system. It’s basically an electronic thermometer which can be used to measure the temperature of liquid and solid substances. The normal temperature type consists of two parts namely probe and sensor, where the sensor is connected to an amplifier through a cable, which allows it to produce accurate readings.
High Temperature Type:
High temperature type is used in Hall Effect measurement system. It’s a device that measures the current and voltage of high-temperature superconductors. The most widely used high-temperature superconductors are yttrium aluminum oxide (YAlO) and silicon carbide (SiC). These two materials have been found to be suitable for making magnetic sensors as they provide good sensitivity, resolution, linearity, and accuracy at low cost.
Application Insights:
The others application segment includes consumer electronics, medical devices and automotive. The market for these applications is expected to witness growth owing to the increasing demand for Hall effect sensors in various components of automobiles such as engine, transmission and powertrain. In addition, the growing use of hall effect sensors in consumer electronics such as flat panel TVs, digital cameras and home appliances is expected to drive product demand over the forecast period.
Semiconductor emerged as a dominant application segment with a revenue share of 37% in 2017 on account of high product utilization across various semiconductor components including integrated circuits (ICs), passive component (PC) chipsets and optoelectronic devices among others. The rising need for advanced technology products coupled with an increase in R&D expenditure by major semiconductor manufacturers are anticipated to boost industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing government funding for R&D activities in various sectors, including aerospace and automotive. For instance, in 2016, the Government of India allocated USD X million for ‘Electronics and Information Technology (IT) Valley’ project that is aimed at developing electronics sector in Karnataka state of India. Moreover, rising disposable income coupled with growing consumer awareness about Hall Effect technology will drive regional market growth during the forecast period.
North America accounted for a significant share owing to early adoption of Hall Effect technology by several industries such as aerospace and automobile industry along with extensive usage across other end-use applications such as medical devices & sensors and energy storage systems among others.
Growth Factors:
- Increasing demand for Hall Effect Measurement System in automotive and semiconductor industries
- Growing popularity of Hall Effect Measurement System in research and development laboratories
- Rising demand for miniaturized Hall Effect Measurement System
- Proliferation of portable devices that require small, low-cost, and high-performance Hall Effect Measurement Systems
- Technological advancements in the field ofHallEffectMeasurementsystems
Scope Of The Report
Report Attributes
Report Details
Report Title
Hall Effect Measurement System Market Research Report
By Type
Normal Temperature Type, High Temperature Type, Low Temperature Type
By Application
Semiconductor, Microelectronics, Others
By Companies
Lake Shore Cryotronics, NanoMagnetics Instruments, PhysTech, Semilab, ECOPIA, Xiamen Dexing Magnet, Super Solutions & Services, Yingbo Scientific instruments
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Hall Effect Measurement System Market Report Segments:
The global Hall Effect Measurement System market is segmented on the basis of:
Types
Normal Temperature Type, High Temperature Type, Low Temperature Type
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
Semiconductor, Microelectronics, 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:
- Lake Shore Cryotronics
- NanoMagnetics Instruments
- PhysTech
- Semilab
- ECOPIA
- Xiamen Dexing Magnet
- Super Solutions & Services
- Yingbo Scientific instruments
Highlights of The Hall Effect Measurement System 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:
- Normal Temperature Type
- High Temperature Type
- Low Temperature Type
- By Application:
- Semiconductor
- Microelectronics
- 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 Hall Effect Measurement System 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Hall Effect Measurement System is a technology that uses the Hall effect to measure the electric current through a conductor.
Some of the major companies in the hall effect measurement system market are Lake Shore Cryotronics, NanoMagnetics Instruments, PhysTech, Semilab, ECOPIA, Xiamen Dexing Magnet, Super Solutions & Services, Yingbo Scientific instruments.
The hall effect measurement system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hall Effect Measurement System 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 Hall Effect Measurement System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hall Effect Measurement System 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 Hall Effect Measurement System 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 Hall Effect Measurement System Market Size & Forecast, 2018-2028
4.5.1 Hall Effect Measurement System Market Size and Y-o-Y Growth
4.5.2 Hall Effect Measurement System Market Absolute $ Opportunity
Chapter 5 Global Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Type
5.2.1 Normal Temperature Type
5.2.2 High Temperature Type
5.2.3 Low Temperature Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Microelectronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hall Effect Measurement System 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 Hall Effect Measurement System 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 Hall Effect Measurement System Analysis and Forecast
9.1 Introduction
9.2 North America Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Type
9.6.1 Normal Temperature Type
9.6.2 High Temperature Type
9.6.3 Low Temperature Type
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 Hall Effect Measurement System Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Microelectronics
9.10.3 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 Hall Effect Measurement System Analysis and Forecast
10.1 Introduction
10.2 Europe Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Type
10.6.1 Normal Temperature Type
10.6.2 High Temperature Type
10.6.3 Low Temperature Type
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 Hall Effect Measurement System Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Microelectronics
10.10.3 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 Hall Effect Measurement System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Type
11.6.1 Normal Temperature Type
11.6.2 High Temperature Type
11.6.3 Low Temperature Type
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 Hall Effect Measurement System Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Microelectronics
11.10.3 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 Hall Effect Measurement System Analysis and Forecast
12.1 Introduction
12.2 Latin America Hall Effect Measurement System 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 Hall Effect Measurement System Market Size Forecast by Type
12.6.1 Normal Temperature Type
12.6.2 High Temperature Type
12.6.3 Low Temperature Type
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 Hall Effect Measurement System Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Microelectronics
12.10.3 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) Hall Effect Measurement System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hall Effect Measurement System 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) Hall Effect Measurement System Market Size Forecast by Type
13.6.1 Normal Temperature Type
13.6.2 High Temperature Type
13.6.3 Low Temperature Type
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) Hall Effect Measurement System Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Microelectronics
13.10.3 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 Hall Effect Measurement System Market: Competitive Dashboard
14.2 Global Hall Effect Measurement System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lake Shore Cryotronics
14.3.2 NanoMagnetics Instruments
14.3.3 PhysTech
14.3.4 Semilab
14.3.5 ECOPIA
14.3.6 Xiamen Dexing Magnet
14.3.7 Super Solutions & Services
14.3.8 Yingbo Scientific instruments
