Market Overview:
The global hall effect angle 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 these sensors in automotive applications, owing to their advantages such as high accuracy and reliability. In addition, the growing demand for power systems is also contributing to the growth of this market. Based on type, the global hall effect angle sensors market can be segmented into simulation type and digital type. The simulation type segment is expected to account for a larger share of this market than the digital type segment during the forecast period. This can be attributed to its advantages such as low cost and easy installation. Based on application, the global hall effect angle sensors market can be divided into power system, automobile body control, traction control, anti-lock braking system (ABS), and others (including wind turbines and elevators). The power system application segment is expected to account for a major share of this market during the forecast period.
Product Definition:
Hall Effect Angle Sensors are used to measure the angular displacement of a shaft. This information can be used to calculate the position or speed of the shaft.
Simulation Type:
The simulation type is used to measure the angle of rotation and it's growth factor is responsible for increasing the efficiency of Hall Effect Angle Sensors. Simulation type was initially developed by Sumitomo Electric Industries, Ltd. in Japan for their precision mechanics application but its usage has increased in other applications as well due to its advantages such as cost-effectiveness and ease of use over other conventional systems.
Digital Type:
The digital type is used in Hall Effect angle sensors market. The Hall Effect devices are widely used in automotive, consumer electronics and industrial applications. These devices work on the principle of changing electric current as a result of rotation of an magnet within the device.
Application Insights:
Hall effect angle sensors find application in various sectors such as power system, automobile body control, traction control, anti-lock braking system (ABS), and others. In automobiles, they are used for controlling various functions of the vehicle such as engine speed and transmission selection. They are also used to monitor wheel speed and axle position for improved stability in vehicles with four or more wheels. The aforementioned factors are anticipated to boost the product demand over the forecast period.
The automotive industry is one of the leading consumers of hall effect sensors owing to their increasing use in electronic stability programs that help improve driver safety by reducing understeer and oversteer conditions through enhanced car handling characteristics during turns or slides at low speeds. Hall Effectangle sensor is a key component in anti-lock braking systems (ABS).
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing industrialization and rising adoption of Hall Effect current sensing devices in power systems, traction control, and other applications. Increasing demand for electric vehicles has also led to an increase in the number of sensors used for vehicle detection and monitoring purposes. This trend is projected to drive the overall industry growth over the next eight years.
The growing automotive industry across Europe has led to an increased use of these sensors across several applications such as anti-lock braking system (ABS), electronic stability program (ESP), power steering, airbags, etc., thereby driving their utilization across numerous industries within this region. Moreover, presence of major players such as ABB Ltd.; Alstom; General Electric; Johnson Controls International plc.; Sensys Technologies Pte Ltd.; Honeywell International Inc.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive applications
- Growing trend of electric and hybrid vehicles
- Rising demand from the industrial sector for process control and safety systems
- Proliferation of smart sensors in automobiles to enhance driving experience
- Development of next-generation Hall Effect Angle Sensors with enhanced performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Hall Effect Angle Sensors Market Research Report
By Type
Simulation Type, Digital Type
By Application
Power System, Automobile Body Control, Traction Control, Anti-Lock Braking System, Others
By Companies
AB Elektronik, BEI SENSORS, ELEN Srl, ALLEGRO MICROSYSTEMS, Makersan, NOVOTECHNIK, PENNY GILES CONTROLS, SENSOR SYSTEMS SRL
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 Hall Effect Angle Sensors Market Report Segments:
The global Hall Effect Angle Sensors market is segmented on the basis of:
Types
Simulation Type, Digital 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
Power System, Automobile Body Control, Traction Control, Anti-Lock Braking System, 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:
- AB Elektronik
- BEI SENSORS
- ELEN Srl
- ALLEGRO MICROSYSTEMS
- Makersan
- NOVOTECHNIK
- PENNY GILES CONTROLS
- SENSOR SYSTEMS SRL
Highlights of The Hall Effect Angle 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:
- Simulation Type
- Digital Type
- By Application:
- Power System
- Automobile Body Control
- Traction Control
- Anti-Lock Braking System
- 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 Angle 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
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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?
Hall Effect angle sensors are a type of sensor that uses the Hall effect to measure angles. This sensor is often used in devices that need to measure small angles, such as those found in robotics and gaming controllers.
Some of the major companies in the hall effect angle sensors market are AB Elektronik, BEI SENSORS, ELEN Srl, ALLEGRO MICROSYSTEMS, Makersan, NOVOTECHNIK, PENNY GILES CONTROLS, SENSOR SYSTEMS SRL.
The hall effect angle sensors market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hall Effect Angle 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. Hall Effect Angle Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hall Effect Angle Sensors Market - Supply Chain
4.5. Global Hall Effect Angle Sensors Market Forecast
4.5.1. Hall Effect Angle Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hall Effect Angle Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hall Effect Angle Sensors Market Absolute $ Opportunity
5. Global Hall Effect Angle 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. Hall Effect Angle Sensors Market Size and Volume Forecast by Type
5.3.1. Simulation Type
5.3.2. Digital Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hall Effect Angle 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. Hall Effect Angle Sensors Market Size and Volume Forecast by Application
6.3.1. Power System
6.3.2. Automobile Body Control
6.3.3. Traction Control
6.3.4. Anti-Lock Braking System
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hall Effect Angle 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. Hall Effect Angle 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 Hall Effect Angle 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. Hall Effect Angle 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 Hall Effect Angle Sensors Demand Share Forecast, 2019-2026
9. North America Hall Effect Angle 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 Hall Effect Angle 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 Hall Effect Angle Sensors Market Size and Volume Forecast by Application
9.4.1. Power System
9.4.2. Automobile Body Control
9.4.3. Traction Control
9.4.4. Anti-Lock Braking System
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hall Effect Angle Sensors Market Size and Volume Forecast by Type
9.7.1. Simulation Type
9.7.2. Digital Type
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 Hall Effect Angle Sensors Demand Share Forecast, 2019-2026
10. Latin America Hall Effect Angle 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 Hall Effect Angle 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 Hall Effect Angle Sensors Market Size and Volume Forecast by Application
10.4.1. Power System
10.4.2. Automobile Body Control
10.4.3. Traction Control
10.4.4. Anti-Lock Braking System
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hall Effect Angle Sensors Market Size and Volume Forecast by Type
10.7.1. Simulation Type
10.7.2. Digital Type
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 Hall Effect Angle Sensors Demand Share Forecast, 2019-2026
11. Europe Hall Effect Angle 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 Hall Effect Angle 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 Hall Effect Angle Sensors Market Size and Volume Forecast by Application
11.4.1. Power System
11.4.2. Automobile Body Control
11.4.3. Traction Control
11.4.4. Anti-Lock Braking System
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hall Effect Angle Sensors Market Size and Volume Forecast by Type
11.7.1. Simulation Type
11.7.2. Digita Type
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 Hall Effect Angle Sensors Demand Share, 2019-2026
12. Asia Pacific Hall Effect Angle 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 Hall Effect Angle 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 Hall Effect Angle Sensors Market Size and Volume Forecast by Application
12.4.1. Power System
12.4.2. Automobile Body Control
12.4.3. Traction Control
12.4.4. Anti-Lock Braking System
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hall Effect Angle Sensors Market Size and Volume Forecast by Type
12.7.1. Simulation Type
12.7.2. Digital Type
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 Hall Effect Angle Sensors Demand Share, 2019-2026
13. Middle East & Africa Hall Effect Angle 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 Hall Effect Angle 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 Hall Effect Angle Sensors Market Size and Volume Forecast by Application
13.4.1. Power System
13.4.2. Automobile Body Control
13.4.3. Traction Control
13.4.4. Anti-Lock Braking System
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hall Effect Angle Sensors Market Size and Volume Forecast by Type
13.7.1. Simulation Type
13.7.2. Digital Type
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 Hall Effect Angle Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hall Effect Angle Sensors Market: Market Share Analysis
14.2. Hall Effect Angle Sensors Distributors and Customers
14.3. Hall Effect Angle Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AB Elektronik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BEI SENSORS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ELEN Srl
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ALLEGRO MICROSYSTEMS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Makersan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NOVOTECHNIK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PENNY GILES CONTROLS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SENSOR SYSTEMS SRL
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
