Market Overview:
The global magnetometers 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 magnetometers sensors in industrial and commercial electronics applications. Additionally, the growing demand for these sensors in automotive and aerospace applications is also contributing to the growth of this market. North America dominates the global magnetometers sensor market, followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness highest growth during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Magnetometers are sensors that measure the magnetic field around them. They are used in a variety of applications, including navigation, positioning, and surveying. Magnetometers can be used to detect metal objects and buried utilities.
Hall Effect Sensor:
The Hall Effect sensor is a sensing technology that uses the effect of magnetic field on a semiconductor to detect and measure electric current. It's named after it's inventors, Robert A. Hall and William L. Dickinson who developed this technology in 1839 for use in telegraphy.
MEMS Sensor:
MEMS (Micro Electro Mechanical System) sensor is a type of electronic component that consists of an array of microscopic sensors, which are used to measure physical parameters such as pressure, temperature, position and movement. In comparison to traditional mechanical sensors they have several advantages such as compact size and low cost. They also offer high accuracy making them suitable for various applications in the industrial sector including process control and quality inspection.
Application Insights:
The industrial use of the devices dominated the global magnetometers sensor market in 2017, accounting for over 60% share of the overall revenue. The segment is projected to witness significant growth over the forecast period owing to rising demand from various industries such as oil and gas, automotive and transportation, medical technology, aerospace and defense.
The commercial electronics segment accounted for a considerable share in 2017. Magnetometers are used in various electronic products such as smartphones or tablets to determine north or south direction based on an user¢â‚¬â„¢s location. These devices help enhance customer experience by providing better accuracy while using GPS-based applications like Google Maps or Apple Maps on mobile phones. They also have other uses including gaming controllers that use them to detect ferrous metal objects so that they can be avoided when playing games with a smartphone/tablet attached as an controller device.
Other applications include meteorology.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of key industry players such as Maxim Integrated Products Inc.; Analog Devices, Inc.; and National Semiconductor Corporation. These companies are engaged in extensive R&D activities for developing advanced magnetometers that are used across various applications including industrial, medical, defense & aerospace and others.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand from emerging economies such as China and India for advanced magnetic sensors with high performance specifications at competitive prices. Furthermore, rising investments by governments of these countries for establishing research centers related to electronics technology is anticipated to fuel product demand over the next eight years.
Growth Factors:
- Increasing demand for smartphones and tablets
- Growing demand from automotive industry
- Rising adoption of magnetometers in medical devices
- Increasing use of magnetometers in navigation systems
- Growing popularity of wearable technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetometers Sensor Market Research Report
By Type
Hall Effect Sensor, MEMS Sensor, Fluxgate Sensor, others
By Application
Industrial Use, Commercial Electronics, Others
By Companies
Asahi Kasei Corporation, Sanken Electric, Infineon Technologies AG, Melexis NV, Micronas Semiconductor Holdings AG, NXP Semiconductors N.V., AMS AG, Robert Bosch GmbH, Honeywell International Inc., Analog Devices, TE Connectivity Ltd, MEMSic, Bartington Instruments Ltd, Analog Devices, ARM Holdings PLC., Panasonic Corporation
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Magnetometers Sensor Market Report Segments:
The global Magnetometers Sensor market is segmented on the basis of:
Types
Hall Effect Sensor, MEMS Sensor, Fluxgate Sensor, others
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 Use, Commercial Electronics, 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 Corporation
- Sanken Electric
- Infineon Technologies AG
- Melexis NV
- Micronas Semiconductor Holdings AG
- NXP Semiconductors N.V.
- AMS AG
- Robert Bosch GmbH
- Honeywell International Inc.
- Analog Devices
- TE Connectivity Ltd
- MEMSic
- Bartington Instruments Ltd
- Analog Devices
- ARM Holdings PLC.
- Panasonic Corporation
Highlights of The Magnetometers 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
- Fluxgate Sensor
- others
- By Application:
- Industrial Use
- Commercial Electronics
- 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 Magnetometers 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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- 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?
A magnetometers sensor is a device that measures the strength and direction of a magnetic field.
Some of the key players operating in the magnetometers sensor market are Asahi Kasei Corporation, Sanken Electric, Infineon Technologies AG, Melexis NV, Micronas Semiconductor Holdings AG, NXP Semiconductors N.V., AMS AG, Robert Bosch GmbH, Honeywell International Inc., Analog Devices, TE Connectivity Ltd, MEMSic, Bartington Instruments Ltd, Analog Devices, ARM Holdings PLC., Panasonic Corporation.
The magnetometers 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. Magnetometers 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. Magnetometers Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetometers Sensor Market - Supply Chain
4.5. Global Magnetometers Sensor Market Forecast
4.5.1. Magnetometers Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetometers Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetometers Sensor Market Absolute $ Opportunity
5. Global Magnetometers 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. Magnetometers Sensor Market Size and Volume Forecast by Type
5.3.1. Hall Effect Sensor
5.3.2. MEMS Sensor
5.3.3. Fluxgate Sensor
5.3.4. others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetometers 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. Magnetometers Sensor Market Size and Volume Forecast by Application
6.3.1. Industrial Use
6.3.2. Commercial Electronics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetometers 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. Magnetometers 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 Magnetometers 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. Magnetometers 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 Magnetometers Sensor Demand Share Forecast, 2019-2026
9. North America Magnetometers 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 Magnetometers 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 Magnetometers Sensor Market Size and Volume Forecast by Application
9.4.1. Industrial Use
9.4.2. Commercial Electronics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetometers Sensor Market Size and Volume Forecast by Type
9.7.1. Hall Effect Sensor
9.7.2. MEMS Sensor
9.7.3. Fluxgate Sensor
9.7.4. others
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 Magnetometers Sensor Demand Share Forecast, 2019-2026
10. Latin America Magnetometers 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 Magnetometers 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 Magnetometers Sensor Market Size and Volume Forecast by Application
10.4.1. Industrial Use
10.4.2. Commercial Electronics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetometers Sensor Market Size and Volume Forecast by Type
10.7.1. Hall Effect Sensor
10.7.2. MEMS Sensor
10.7.3. Fluxgate Sensor
10.7.4. others
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 Magnetometers Sensor Demand Share Forecast, 2019-2026
11. Europe Magnetometers 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 Magnetometers 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 Magnetometers Sensor Market Size and Volume Forecast by Application
11.4.1. Industrial Use
11.4.2. Commercial Electronics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetometers Sensor Market Size and Volume Forecast by Type
11.7.1. Hall Effect Sensor
11.7.2. MEMS Sensor
11.7.3. Fluxgate Sensor
11.7.4. others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maket 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 Magnetometers Sensor Demand Share, 2019-2026
12. Asia Pacific Magnetometers 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 Magnetometers 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 Magnetometers Sensor Market Size and Volume Forecast by Application
12.4.1. Industrial Use
12.4.2. Commercial Electronics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetometers Sensor Market Size and Volume Forecast by Type
12.7.1. Hall Effect Sensor
12.7.2. MEMS Sensor
12.7.3. Fluxgate Sensor
12.7.4. others
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 Magnetometers Sensor Demand Share, 2019-2026
13. Middle East & Africa Magnetometers 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 Magnetometers 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 Magnetometers Sensor Market Size and Volume Forecast by Application
13.4.1. Industrial Use
13.4.2. Commercial Electronics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetometers Sensor Market Size and Volume Forecast by Type
13.7.1. Hall Effect Sensor
13.7.2. MEMS Sensor
13.7.3. Fluxgate Sensor
13.7.4. others
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 Magnetometers Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetometers Sensor Market: Market Share Analysis
14.2. Magnetometers Sensor Distributors and Customers
14.3. Magnetometers Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Kasei Corporation
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 AG
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 NV
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 Holdings AG
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 N.V.
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 AG
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 GmbH
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 Inc.
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 Ltd
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 Ltd
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 Holdings PLC.
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 Corporation
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
