Market Overview:
The global magnetoresistive sensors industry 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 magnetoresistive sensors in various applications such as medical & healthcare, manufacturing, retail, military & defense, homes, hospitality, automotive & transportation and agriculture. Magnetoresistive sensors are used in these applications for various purposes such as detecting movement or position of objects, measuring magnetic fields and controlling machinery.
Product Definition:
A magnetoresistive sensor (MRS) is a device that detects the presence of a magnetic field and converts it into an electrical signal. MRS sensors are used in a wide variety of applications, including hard disk drives, proximity sensors, and position sensors. Their advantages include high sensitivity, low power consumption, and small size.
Data Services:
Data services are the set of applications and tools that allow users to access, create, manage, analyze and export data from a computer system. It is also used in mobile computing systems such as smartphones and tablets to provide wireless connectivity. The global data service market size was valued at USD 102 billion in 2015 owing to its wide usage across various industry verticals including BFSI (Bankruptcy & Financial Services), IT & telecom, media & entertainment along with enterprises across the globe.
Voice Services:
Voice services are the set of protocols used to communicate between sensors and actuators. It is a low-level communication protocol that provides information about sensor readings, status, and commands to the actuators. The voice service uses radio frequency (RF) waves for data transfer at very high speed.
Application Insights:
The market is segmented by application into medical & healthcare, manufacturing, retail, military & defense, homes and hospitality, automotive & transportation and agriculture. The medical & healthcare segment dominated the overall industry in terms of revenue in 2017. Magnetoresistive sensors are used for various applications such as vital signs monitoring; ECG/EKG; blood glucose testing; spirometry testing (forced air inhalers); ventilation monitoring (gasoline analyzers) among others.
The manufacturing sector is expected to emerge as the fastest-growing application over the forecast period owing to increasing adoption of MRSI technology for process control and automation solutions across several industries such as chemical processing plants; oil refineries along with other industrial facilities.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of key players such as Avago, Inc.; Broadcom; Cypress Semiconductor Corporation; and Maxim Integrated Products Inc. Moreover, increasing demand for smartphones and tablets along with growing popularity of M2M solutions is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income coupled with increased adoption of IoT technologies in countries such as China, India, Japan and Australia among others. Furthermore, government initiatives encouraging M2M services are also expected drive regional market growth during the forecast period. For instance ‘Smart Cities’ initiative by Indian Government aims at deploying various communication systems using magnetoresistive sensors for improving traffic management system in cities including Bangalore (India), Tokyo (Japan) and Beijing (China).
Growth Factors:
- Increasing demand from the automotive industry for sensors that can detect the position and movement of objects in real time.
- Growing demand for sensors in medical devices and equipment to help diagnose health conditions and track patient progress.
- Rising popularity of portable electronics such as smartphones and tablets, which require small, lightweight sensors that can be integrated into the device's design.
- Advances in nanotechnology that have led to the development of smaller, more sensitive magnetoresistive sensors.
- The increasing use of robotics in manufacturing and other industrial applications, which requires sophisticated sensing capabilities to ensure accurate performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetoresistive Sensors Industry Market Research Report
By Type
Data Services, Voice Services, Texting Services, Others
By Application
Medical & Healthcare, Manufacturing, Retail, Military & Defense, Homes, Hospitality, Automotive & Transportation, Agriculture
By Companies
Intelsat SA, T-Mobile USA, China Mobile Limited, Softbank Telecom Corp., New-Cell, Rogers Communications, T&T, Iridium Communications Inc., NTT DOCOMO Inc., Hawaiian Telcom, U.S. Cellular, Cellcom
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Magnetoresistive Sensors Industry Market Report Segments:
The global Magnetoresistive Sensors Industry market is segmented on the basis of:
Types
Data Services, Voice Services, Texting Services, 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
Medical & Healthcare, Manufacturing, Retail, Military & Defense, Homes, Hospitality, Automotive & Transportation, Agriculture
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:
- Intelsat SA
- T-Mobile USA
- China Mobile Limited
- Softbank Telecom Corp.
- New-Cell
- Rogers Communications
- T&T
- Iridium Communications Inc.
- NTT DOCOMO Inc.
- Hawaiian Telcom
- U.S. Cellular
- Cellcom
Highlights of The Magnetoresistive Sensors Industry 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:
- Data Services
- Voice Services
- Texting Services
- Others
- By Application:
- Medical & Healthcare
- Manufacturing
- Retail
- Military & Defense
- Homes
- Hospitality
- Automotive & Transportation
- Agriculture
- 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 Magnetoresistive Sensors Industry 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?
The magnetoresistive sensors industry is a $2.5 billion global market that employs over 100,000 people. Magnetoresistive sensors are used in a variety of applications such as automotive, industrial, and medical devices. These sensors use the principles of magnetic resonance to measure physical properties such as temperature or pressure.
Some of the major companies in the magnetoresistive sensors industry market are Intelsat SA, T-Mobile USA, China Mobile Limited, Softbank Telecom Corp., New-Cell, Rogers Communications, T&T, Iridium Communications Inc., NTT DOCOMO Inc., Hawaiian Telcom, U.S. Cellular, Cellcom.
The magnetoresistive sensors industry market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnetoresistive Sensors Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnetoresistive Sensors Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnetoresistive Sensors Industry Market - Supply Chain
4.5. Global Magnetoresistive Sensors Industry Market Forecast
4.5.1. Magnetoresistive Sensors Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnetoresistive Sensors Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnetoresistive Sensors Industry Market Absolute $ Opportunity
5. Global Magnetoresistive Sensors Industry 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. Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
5.3.1. Data Services
5.3.2. Voice Services
5.3.3. Texting Services
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnetoresistive Sensors Industry 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. Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
6.3.1. Medical & Healthcare
6.3.2. Manufacturing
6.3.3. Retail
6.3.4. Military & Defense
6.3.5. Homes
6.3.6. Hospitality
6.3.7. Automotive & Transportation
6.3.8. Agriculture
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnetoresistive Sensors Industry 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. Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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. Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Demand Share Forecast, 2019-2026
9. North America Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
9.4.1. Medical & Healthcare
9.4.2. Manufacturing
9.4.3. Retail
9.4.4. Military & Defense
9.4.5. Homes
9.4.6. Hospitality
9.4.7. Automotive & Transportation
9.4.8. Agriculture
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
9.7.1. Data Services
9.7.2. Voice Services
9.7.3. Texting Services
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 Magnetoresistive Sensors Industry Demand Share Forecast, 2019-2026
10. Latin America Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
10.4.1. Medical & Healthcare
10.4.2. Manufacturing
10.4.3. Retail
10.4.4. Military & Defense
10.4.5. Homes
10.4.6. Hospitality
10.4.7. Automotive & Transportation
10.4.8. Agriculture
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
10.7.1. Data Services
10.7.2. Voice Services
10.7.3. Texting Services
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 Magnetoresistive Sensors Industry Demand Share Forecast, 2019-2026
11. Europe Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
11.4.1. Medical & Healthcare
11.4.2. Manufacturing
11.4.3. Retail
11.4.4. Military & Defense
11.4.5. Homes
11.4.6. Hospitality
11.4.7. Automotive & Transportation
11.4.8. Agriculture
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
11.7.1. Data Services
11.7.2. Voice Services
11.7.3. Texting Services
11.7.4. Others
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 Magnetoresistive Sensors Industry Demand Share, 2019-2026
12. Asia Pacific Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
12.4.1. Medical & Healthcare
12.4.2. Manufacturing
12.4.3. Retail
12.4.4. Military & Defense
12.4.5. Homes
12.4.6. Hospitality
12.4.7. Automotive & Transportation
12.4.8. Agriculture
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
12.7.1. Data Services
12.7.2. Voice Services
12.7.3. Texting Services
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 Magnetoresistive Sensors Industry Demand Share, 2019-2026
13. Middle East & Africa Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry 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 Magnetoresistive Sensors Industry Market Size and Volume Forecast by Application
13.4.1. Medical & Healthcare
13.4.2. Manufacturing
13.4.3. Retail
13.4.4. Military & Defense
13.4.5. Homes
13.4.6. Hospitality
13.4.7. Automotive & Transportation
13.4.8. Agriculture
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnetoresistive Sensors Industry Market Size and Volume Forecast by Type
13.7.1. Data Services
13.7.2. Voice Services
13.7.3. Texting Services
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 Magnetoresistive Sensors Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnetoresistive Sensors Industry Market: Market Share Analysis
14.2. Magnetoresistive Sensors Industry Distributors and Customers
14.3. Magnetoresistive Sensors Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Intelsat SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. T-Mobile USA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. China Mobile Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Softbank Telecom Corp.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. New-Cell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rogers Communications
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. T&T
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Iridium Communications Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NTT DOCOMO 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. Hawaiian Telcom
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. U.S. Cellular
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cellcom
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
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