Market Overview:
The global magnetometer sensor 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 consumer electronics and automotive applications, and the growing need for advanced navigation and surveying systems. The Hall Effect Sensor segment is expected to account for the largest share of the global magnetometer sensor market in 2018, while the MEMS Sensor segment is projected to grow at the highest CAGR during the forecast period. North America accounted for majority ofthe global magnetometer sensor market in 2017, while Asia Pacific is projectedto bethe fastest-growing region duringthe forecastperiod. Some ofthe key players operatingin thismarketinclude Honeywell International Inc., Bosch Sensortec GmbH, STMicroelectronics N.V., Robert Bosch GmbH, Meggitt PLC., Analog Devices Inc., InvenSense Inc.
Product Definition:
A magnetometer sensor is a device used to measure the strength and direction of magnetic fields. Magnetometers are commonly used in navigation systems, compasses, and metal detectors.
Hall Effect Sensor:
The Hall Effect sensor is a sensing technology that uses the effect of electric current flow in a magnetic field. The technology was named after its inventors, Horace H.T.Watkins and William L.
MEMS Sensor:
MEMS (Micro Electro Mechanical System) sensor is a type of sensor technology that integrates electrical and mechanical functions in one device. It reduces the size of sensors making them more portable and economical for various applications. They are used in various devices such as mobile phones, cameras, fitness trackers, etc., to detect motion or sound or for measuring physical parameters such as temperature or pressure.
Application Insights:
The consumer electronics segment is expected to emerge as the dominant segment over the forecast period owing to increasing demand for smartphones and tablets across various end-use applications. Magnetometers are used in smartphones, laptops, cameras, scanners, printers and other devices for sensing direction of magnetism. The sensors help in improving device performance by providing enhanced auto-calibration capabilities.
Magnetometers are also used in several aerospace & defense applications including inertial navigation systems (INS), attitude control systems (ACC), magnetic anomaly detectors (MDs) and magnetic sensors on spacecraft for detecting Earth's magnetic field so that they can be oriented correctly for navigational purposes. They are also used on missiles to provide an early warning system about a missile's trajectory should it fly off course or if it should deviate from its programmed route leading up to a target area where weapons would be deployed against enemy targets.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S.-based companies are at the forefront when it comes to technological advancements and innovation, which is further fueling regional growth. Additionally, high adoption of magnetometers across various applications such as automotive and consumer electronics is also expected to drive demand over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the next eight years owing to increasing government initiatives for developing advanced sensors that can detect magnetic fields with higher efficiency and sensitivity than existing products on offer in this region.
Growth Factors:
- Increasing demand for smartphones and other portable devices
- Growing awareness about the health benefits of using magnetometer sensors
- Rising number of research and development activities in the field of magnetometer sensors
- Proliferation of Internet-of-Things (IoT) devices
- Growing demand from automotive sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetometer Sensor Market Research Report
By Type
Hall Effect Sensor, MEMS Sensor
By Application
Consumer Electronics, Aerospace & Defense, Automotive, Marine, Surveying, Others
By Companies
Asahi Kasei, Sanken Electric, Infineon Technologies, Melexis, Micronas Semiconductor, NXP Semiconductors, AMS, Robert Bosch, Honeywell International, Analog Devices, TE Connectivity, MEMSic, Bartington Instruments, Analog Devices, ARM, Panasonic, PNI
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Magnetometer Sensor Market Report Segments:
The global Magnetometer Sensor market is segmented on the basis of:
Types
Hall Effect Sensor, MEMS Sensor
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
Consumer Electronics, Aerospace & Defense, Automotive, Marine, Surveying, 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:
- Asahi Kasei
- Sanken Electric
- Infineon Technologies
- Melexis
- Micronas Semiconductor
- NXP Semiconductors
- AMS
- Robert Bosch
- Honeywell International
- Analog Devices
- TE Connectivity
- MEMSic
- Bartington Instruments
- Analog Devices
- ARM
- Panasonic
- PNI
Highlights of The Magnetometer Sensor 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:
- Hall Effect Sensor
- MEMS Sensor
- By Application:
- Consumer Electronics
- Aerospace & Defense
- Automotive
- Marine
- Surveying
- 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 Magnetometer Sensor 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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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?
A magnetometer sensor is a device that measures the strength and direction of a magnetic field. This information can be used to determine the location and orientation of objects in space.
Some of the key players operating in the magnetometer sensor market are Asahi Kasei, Sanken Electric, Infineon Technologies, Melexis, Micronas Semiconductor, NXP Semiconductors, AMS, Robert Bosch, Honeywell International, Analog Devices, TE Connectivity, MEMSic, Bartington Instruments, Analog Devices, ARM, Panasonic, PNI.
The magnetometer sensor market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetometer Sensor 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. Magnetometer Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetometer Sensor Market - Supply Chain
4.5. Global Magnetometer Sensor Market Forecast
4.5.1. Magnetometer Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetometer Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetometer Sensor Market Absolute $ Opportunity
5. Global Magnetometer Sensor 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. Magnetometer Sensor Market Size and Volume Forecast by Type
5.3.1. Hall Effect Sensor
5.3.2. MEMS Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetometer Sensor 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. Magnetometer Sensor Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Aerospace & Defense
6.3.3. Automotive
6.3.4. Marine
6.3.5. Surveying
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetometer Sensor 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. Magnetometer Sensor 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 Magnetometer Sensor 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. Magnetometer Sensor 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 Magnetometer Sensor Demand Share Forecast, 2019-2026
9. North America Magnetometer Sensor 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 Magnetometer Sensor 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 Magnetometer Sensor Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Aerospace & Defense
9.4.3. Automotive
9.4.4. Marine
9.4.5. Surveying
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetometer Sensor Market Size and Volume Forecast by Type
9.7.1. Hall Effect Sensor
9.7.2. MEMS Sensor
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 Magnetometer Sensor Demand Share Forecast, 2019-2026
10. Latin America Magnetometer Sensor 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 Magnetometer Sensor 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 Magnetometer Sensor Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Aerospace & Defense
10.4.3. Automotive
10.4.4. Marine
10.4.5. Surveying
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetometer Sensor Market Size and Volume Forecast by Type
10.7.1. Hall Effect Sensor
10.7.2. MEMS Sensor
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 Magnetometer Sensor Demand Share Forecast, 2019-2026
11. Europe Magnetometer Sensor 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 Magnetometer Sensor 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 Magnetometer Sensor Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Aerospace & Defense
11.4.3. Automotive
11.4.4. Marine
11.4.5. Surveying
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetometer Sensor Market Size and Volume Forecast by Type
11.7.1. Hall Effect Sensor
11.7.2. MEMS Sensor
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 Magnetometer Sensor Demand Share, 2019-2026
12. Asia Pacific Magnetometer Sensor 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 Magnetometer Sensor 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 Magnetometer Sensor Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Aerospace & Defense
12.4.3. Automotive
12.4.4. Marine
12.4.5. Surveying
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetometer Sensor Market Size and Volume Forecast by Type
12.7.1. Hall Effect Sensor
12.7.2. MEMS Sensor
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 Magnetometer Sensor Demand Share, 2019-2026
13. Middle East & Africa Magnetometer Sensor 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 Magnetometer Sensor 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 Magnetometer Sensor Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Aerospace & Defense
13.4.3. Automotive
13.4.4. Marine
13.4.5. Surveying
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetometer Sensor Market Size and Volume Forecast by Type
13.7.1. Hall Effect Sensor
13.7.2. MEMS Sensor
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 Magnetometer Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetometer Sensor Market: Market Share Analysis
14.2. Magnetometer Sensor Distributors and Customers
14.3. Magnetometer Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Kasei
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sanken Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Infineon Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Melexis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Micronas Semiconductor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NXP Semiconductors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AMS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Robert Bosch
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Analog Devices
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TE Connectivity
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MEMSic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Bartington Instruments
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Analog Devices
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ARM
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Panasonic
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. PNI
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
