Market Overview:
The global TMR 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 TMR sensors in industrial and consumer electronic applications. Additionally, the growing demand for miniaturized and low-power TMR sensors is also contributing to the growth of this market. However, factors such as high manufacturing costs and limited availability of raw materials are restraining the growth of this market.
Product Definition:
TMR Sensors are used to measure the torque or rotational force being applied to an object. This information can be used to determine things like the power output of a motor, the weight of an object, or how much resistance is being applied. TMR Sensors are important because they allow us to measure these things accurately and efficiently.
Digital Output:
Digital output is a data signal that can be used to communicate with the outside world. It is usually generated by an electronic device and sent into another device or into the electronic monitor. The data signal travels as an electric current in a conductor such as copper wire or fiber optic cable along with some additional equipment like convertor, transducer, isolator and repeater.
Analog Output:
Analog output is a continuous variable that can take values between 0 and 1023. The analog output of the TMR sensors varies from 0 to 1023 corresponding to the position of the red LED. It provides an alternative way for monitoring temperature using LEDs instead of using conventional on/off switches used in most thermometers.
Advantages over traditional systems include easier interface with microcontrollers, more versatile, consumes less power (0-10VDC),.
Application Insights:
The others segment includes automotive, healthcare, and industrial applications. The other application segment held the largest market share in 2017 owing to the rising demand from various industries such as consumer electronics, automotive and transportation among others. In addition, increasing R&D activities for TMR sensors by major industry players are expected to drive the overall market over the forecast period.
The industrial sector is anticipated to be one of the fastest-growing segments during the forecast period due to an increase in automation technologies across various end-use industries such as food & beverage processing plants and chemical plants among others which require a high level of safety equipment for carrying out critical processes at any time without fail. This has led major manufacturers including Siemens AG., ABB Ltd., General Electric Company (GE), Mitsubishi Electric Corporation (MELCO) amongst others introduce advanced products with enhanced performance that ensure reliable operation even at low temperatures or high pressures thereby fueling growth over projected timelines.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising disposable income, and changing lifestyle of consumers. Moreover, government initiatives such as “Make in India†initiative by the Indian government are expected to create ample opportunities for domestic manufacturers who could then export their products across countries.
The European market is anticipated to witness significant growth over the forecast period owing to increasing demand from automotive industry for advanced driver assistance systems (ADAS) that provide warning about sudden obstacles or pedestrians along with other features such as lane departure warning signal and adaptive cruise control system. In addition, growing adoption of these sensors in consumer electronics devices including smartphones and tablets due increased durability against harsh environmental conditions such as rainwater splashes or accidental drops are further driving regional product demand.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive sectors
- Rising trend of Internet of Things (IoT) and connected devices
- Proliferation of autonomous vehicles and advanced driver assistance systems (ADAS)
- Growing need for safety, security, and efficiency in transportation sector
- Emergence of new applications such as gesture recognition, 3D mapping, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
TMR Sensors Market Research Report
By Type
Digital Output, Analog Output
By Application
Industrial, Consumer Electronic, Others
By Companies
TDK, Murata, TI, Coto Technology, NVE Corporation, MultiDimension Technology(MDT), Crocus, Infineon, Sensitec, Littelfuse, Renesas
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global TMR Sensors Market Report Segments:
The global TMR Sensors market is segmented on the basis of:
Types
Digital Output, Analog Output
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
Industrial, Consumer Electronic, 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:
- TDK
- Murata
- TI
- Coto Technology
- NVE Corporation
- MultiDimension Technology(MDT)
- Crocus
- Infineon
- Sensitec
- Littelfuse
- Renesas
Highlights of The TMR 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:
- Digital Output
- Analog Output
- By Application:
- Industrial
- Consumer Electronic
- 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 TMR 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
TMR sensors are a type of sensor that uses the time-of-flight (TOF) technique to measure distances. TOF sensors use an ultrasonic pulse to create a time difference between when the pulse is sent and when it is received. This difference in time can be used to calculate the distance between the sensor and its target.
Some of the major companies in the tmr sensors market are TDK, Murata, TI, Coto Technology, NVE Corporation, MultiDimension Technology(MDT), Crocus, Infineon, Sensitec, Littelfuse, Renesas.
The tmr sensors market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 TMR 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 TMR Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 TMR 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 TMR 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 TMR Sensors Market Size & Forecast, 2020-2028
4.5.1 TMR Sensors Market Size and Y-o-Y Growth
4.5.2 TMR 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 Digital Output
5.2.2 Analog Output
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 Industrial
6.2.2 Consumer Electronic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global TMR 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 TMR 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 Digital Output
9.6.2 Analog Output
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 Industrial
9.10.2 Consumer Electronic
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 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 Digital Output
10.6.2 Analog Output
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 Industrial
10.10.2 Consumer Electronic
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 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 Digital Output
11.6.2 Analog Output
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 Industrial
11.10.2 Consumer Electronic
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 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 Digital Output
12.6.2 Analog Output
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 Industrial
12.10.2 Consumer Electronic
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) 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 Digital Output
13.6.2 Analog Output
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 Industrial
13.10.2 Consumer Electronic
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 TMR Sensors Market: Competitive Dashboard
14.2 Global TMR Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TDK
14.3.2 Murata
14.3.3 TI
14.3.4 Coto Technology
14.3.5 NVE Corporation
14.3.6 MultiDimension Technology(MDT)
14.3.7 Crocus
14.3.8 Infineon
14.3.9 Sensitec
14.3.10 Littelfuse
14.3.11 Renesas
