The global magnetic position sensors market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for automotive and industrial applications in emerging economies such as China and India. The automotive industry has been one of the major drivers for the growth of this market, owing to its high demand for sensors in vehicles. In addition, increasing investments by governments in developing countries are also driving the growth of this market.
Latch Magnetic Position Sensors accounted for a share of over 50% in 2018 and are expected to maintain their dominance throughout the forecast period due to their low cost and easy installation process. Bipolar Magnetic Position Sensors accounted for a share of over 30% in 2018 and are expected to grow at a CAGR higher than that of latch magnetic position sensors during the forecast period due to their high accuracy level which makes them suitable for use in aerospace applications such as aircrafts or satellites where precision is paramount. Unipolar Magnetic Position Sensors accounted for less than 10% share each year since 2016 owing mainly due to their high cost which limits them from being used extensively across various industries.
- Increasing demand for automation in the manufacturing industry.
- Increasing demand for sensors in the automotive industry.
- Growing need to reduce energy consumption and emissions from vehicles.
- Rising demand for sensors in the medical sector.
- Increasing use of magnetic position sensors in consumer electronics.
Industry Growth Insights published a new data on “Magnetic Position Sensors Market”. The research report is titled “Magnetic Position Sensors Market research by Types (Latch Magnetic Position Sensors, Bipolar Magnetic Position Sensors, Unipolar Magnetic Position Sensors), By Applications (Automotive, Industrial, Aerospace, Other), By Players/Companies Infineon, ams, Honeywell, Celduc, Hamlin, AKM, Moving Magnet Technologies, Intek, AB Elektronik, TT Electronics, Bourns”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Position Sensors Market Research Report
By Type
Latch Magnetic Position Sensors, Bipolar Magnetic Position Sensors, Unipolar Magnetic Position Sensors
By Application
Automotive, Industrial, Aerospace, Other
By Companies
Infineon, ams, Honeywell, Celduc, Hamlin, AKM, Moving Magnet Technologies, Intek, AB Elektronik, TT Electronics, Bourns
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Position Sensors Market Report Segments:
The global Magnetic Position Sensors market is segmented on the basis of:
Types
Latch Magnetic Position Sensors, Bipolar Magnetic Position Sensors, Unipolar Magnetic Position Sensors
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, Industrial, Aerospace, Other
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
- ams
- Honeywell
- Celduc
- Hamlin
- AKM
- Moving Magnet Technologies
- Intek
- AB Elektronik
- TT Electronics
- Bourns
Highlights of The Magnetic Position 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:
- Latch Magnetic Position Sensors
- Bipolar Magnetic Position Sensors
- Unipolar Magnetic Position Sensors
- By Application:
- Automotive
- Industrial
- Aerospace
- Other
- 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 Magnetic Position 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?
Magnetic Position Sensors are a type of sensor that uses the Earth's magnetic field to determine its position. This sensor is often used in navigation systems and other applications where accurate positioning is important.
Some of the major companies in the magnetic position sensors market are Infineon, ams, Honeywell, Celduc, Hamlin, AKM, Moving Magnet Technologies, Intek, AB Elektronik, TT Electronics, Bourns.
The magnetic position sensors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetic Position 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. Magnetic Position Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetic Position Sensors Market - Supply Chain
4.5. Global Magnetic Position Sensors Market Forecast
4.5.1. Magnetic Position Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetic Position Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetic Position Sensors Market Absolute $ Opportunity
5. Global Magnetic Position 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. Magnetic Position Sensors Market Size and Volume Forecast by Type
5.3.1. Latch Magnetic Position Sensors
5.3.2. Bipolar Magnetic Position Sensors
5.3.3. Unipolar Magnetic Position Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetic Position 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. Magnetic Position Sensors Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Aerospace
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetic Position 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. Magnetic Position 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 Magnetic Position 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. Magnetic Position 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 Magnetic Position Sensors Demand Share Forecast, 2019-2029
9. North America Magnetic Position 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 Magnetic Position 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 Magnetic Position Sensors Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial
9.4.3. Aerospace
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetic Position Sensors Market Size and Volume Forecast by Type
9.7.1. Latch Magnetic Position Sensors
9.7.2. Bipolar Magnetic Position Sensors
9.7.3. Unipolar Magnetic Position Sensors
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 Magnetic Position Sensors Demand Share Forecast, 2019-2029
10. Latin America Magnetic Position 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 Magnetic Position 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 Magnetic Position Sensors Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial
10.4.3. Aerospace
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetic Position Sensors Market Size and Volume Forecast by Type
10.7.1. Latch Magnetic Position Sensors
10.7.2. Bipolar Magnetic Position Sensors
10.7.3. Unipolar Magnetic Position Sensors
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 Magnetic Position Sensors Demand Share Forecast, 2019-2029
11. Europe Magnetic Position 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 Magnetic Position 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 Magnetic Position Sensors Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial
11.4.3. Aerospace
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetic Position Sensors Market Size and Volume Forecast by Type
11.7.1. Latch Magnetic Position Sensors
11.7.2. Bipolar Magnetic Position Sensors 11.7.3. Unipolar Magnetic Position Sensors
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 Magnetic Position Sensors Demand Share, 2019-2029
12. Asia Pacific Magnetic Position 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 Magnetic Position 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 Magnetic Position Sensors Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial
12.4.3. Aerospace
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetic Position Sensors Market Size and Volume Forecast by Type
12.7.1. Latch Magnetic Position Sensors
12.7.2. Bipolar Magnetic Position Sensors
12.7.3. Unipolar Magnetic Position Sensors
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 Magnetic Position Sensors Demand Share, 2019-2029
13. Middle East & Africa Magnetic Position 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 Magnetic Position 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 Magnetic Position Sensors Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial
13.4.3. Aerospace
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetic Position Sensors Market Size and Volume Forecast by Type
13.7.1. Latch Magnetic Position Sensors
13.7.2. Bipolar Magnetic Position Sensors
13.7.3. Unipolar Magnetic Position Sensors
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 Magnetic Position Sensors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Magnetic Position Sensors Market: Market Share Analysis
14.2. Magnetic Position Sensors Distributors and Customers
14.3. Magnetic Position Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Infineon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ams
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Celduc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hamlin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AKM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Moving Magnet Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Intek
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AB Elektronik
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TT Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bourns
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
