Market Overview:
The global thin film magnetoresistive 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 these sensors in various applications such as industrial, healthcare, consumer electronics, automotive, biotechnology and aerospace and defense. In addition, the growing awareness about the benefits of these sensors is also contributing to their growth.
Product Definition:
A thin film magnetoresistive sensor is a device that uses the resistance of a material to changes in magnetic field. This type of sensor is often used in devices such as hard drives and read/write heads. The importance of thin film magnetoresistive sensors lies in their ability to provide high resolution and low power consumption.
Low Field Sensor Technology:
Low-field sensor technology is a new approach to overcome the drawbacks of traditional techniques. The technology uses magnetic materials with low Curie temperature and high saturation flux density for making sensors. These sensors are used in various applications such as medical, security, consumer electronics, etc.
The growth factor in this market is the increasing demand for miniaturization of electronic devices along with rising demand from emerging economies like India and China due to growing population and increased disposable income levels among consumers.
Earth Field Sensor Technology:
Earth field sensor technology and its usage in thin film magnetoresistive sensor market is expected to grow at a significant rate over the forecast period. The earth's magnetic field affects the operations of electronic devices, which include semiconductors, printed circuit boards (PCB), and other components.
Application Insights:
The industrial segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for thin film magnetic sensors from various industries including oil & gas, power, automotive and aerospace & defense on account of their low power consumption is anticipated to drive growth. Increasing investments by companies such as Enel X, SGS Group, Siemens PLM Software Inc., ABB Ltd., General Electric Company are expected to propel industry expansion over the coming years.
Healthcare sector was one of the fastest-growing application segments owing to increasing adoption of advanced technologies such as MRI scanners which require high-quality medical images. In addition, growing adoption of 3D imaging techniques is further estimated to fuel industry expansion during the forecast period.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as automotive, consumer electronics, industrial machinery and healthcare. Increasing government initiatives towards infrastructure development are also anticipated to drive the regional market over the forecast period.
North America is projected to witness significant growth owing to rising R&D activities in U.S., which will lead towards higher adoption of thin film magnetoresistive sensors across various applications including aerospace & defense and biomedical devices industry.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from automotive and medical industries
- Growing popularity of wearable electronics
- Proliferation of Internet of Things (IoT) and connected devices
- Technological advancements and innovations
Scope Of The Report
Report Attributes
Report Details
Report Title
Thin Film Magnetoresistive Sensor Market Research Report
By Type
Low Field Sensor Technology, Earth Field Sensor Technology, Bias Magnetic Field Sensor Technology
By Application
Industrial, Healthcare, Consumer Electronics, Automotive, Biotechnology, Aerospace and Defense
By Companies
Honeywell International, AMS, Analog Devices (Infineon Technologies), Murata, NXP Semiconductor, TE Connectivity, Magnachip Semiconductor, Diodes Incorporated, Panasonic, MS, Allegro Microsystems, Asahi Kasei Micro Devices, Melexix, Memsic, Micronas Semiconductor, Robert Bosch
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Thin Film Magnetoresistive Sensor Market Report Segments:
The global Thin Film Magnetoresistive Sensor market is segmented on the basis of:
Types
Low Field Sensor Technology, Earth Field Sensor Technology, Bias Magnetic Field Sensor Technology
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, Healthcare, Consumer Electronics, Automotive, Biotechnology, Aerospace and Defense
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:
- Honeywell International
- AMS
- Analog Devices (Infineon Technologies)
- Murata
- NXP Semiconductor
- TE Connectivity
- Magnachip Semiconductor
- Diodes Incorporated
- Panasonic
- MS
- Allegro Microsystems
- Asahi Kasei Micro Devices
- Melexix
- Memsic
- Micronas Semiconductor
- Robert Bosch
Highlights of The Thin Film Magnetoresistive 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:
- Low Field Sensor Technology
- Earth Field Sensor Technology
- Bias Magnetic Field Sensor Technology
- By Application:
- Industrial
- Healthcare
- Consumer Electronics
- Automotive
- Biotechnology
- Aerospace and Defense
- 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 Thin Film Magnetoresistive 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.
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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 thin film magnetoresistive sensor is a type of sensor that uses the principles of magnetism to detect changes in magnetic field. Thin film sensors are often used in applications where high accuracy and low power are required, such as industrial control systems and medical devices.
Some of the major companies in the thin film magnetoresistive sensor market are Honeywell International, AMS, Analog Devices (Infineon Technologies), Murata, NXP Semiconductor, TE Connectivity, Magnachip Semiconductor, Diodes Incorporated, Panasonic, MS, Allegro Microsystems, Asahi Kasei Micro Devices, Melexix, Memsic, Micronas Semiconductor, Robert Bosch.
The thin film magnetoresistive 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. Thin Film Magnetoresistive 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. Thin Film Magnetoresistive Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thin Film Magnetoresistive Sensor Market - Supply Chain
4.5. Global Thin Film Magnetoresistive Sensor Market Forecast
4.5.1. Thin Film Magnetoresistive Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thin Film Magnetoresistive Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thin Film Magnetoresistive Sensor Market Absolute $ Opportunity
5. Global Thin Film Magnetoresistive 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. Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
5.3.1. Low Field Sensor Technology
5.3.2. Earth Field Sensor Technology
5.3.3. Bias Magnetic Field Sensor Technology
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thin Film Magnetoresistive 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. Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Healthcare
6.3.3. Consumer Electronics
6.3.4. Automotive
6.3.5. Biotechnology
6.3.6. Aerospace and Defense
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thin Film Magnetoresistive 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. Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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. Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Demand Share Forecast, 2019-2026
9. North America Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Healthcare
9.4.3. Consumer Electronics
9.4.4. Automotive
9.4.5. Biotechnology
9.4.6. Aerospace and Defense
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
9.7.1. Low Field Sensor Technology
9.7.2. Earth Field Sensor Technology
9.7.3. Bias Magnetic Field Sensor Technology
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 Thin Film Magnetoresistive Sensor Demand Share Forecast, 2019-2026
10. Latin America Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Healthcare
10.4.3. Consumer Electronics
10.4.4. Automotive
10.4.5. Biotechnology
10.4.6. Aerospace and Defense
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
10.7.1. Low Field Sensor Technology
10.7.2. Earth Field Sensor Technology
10.7.3. Bias Magnetic Field Sensor Technology
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 Thin Film Magnetoresistive Sensor Demand Share Forecast, 2019-2026
11. Europe Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Healthcare
11.4.3. Consumer Electronics
11.4.4. Automotive
11.4.5. Biotechnology
11.4.6. Aerospace and Defense
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
11.7.1. Low Field Sensor Technology
11.7.2. Earth Field Sensor Technology
11.7.3. Bias Magnetic Field Sensor Technology
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 Thin Film Magnetoresistive Sensor Demand Share, 2019-2026
12. Asia Pacific Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Healthcare
12.4.3. Consumer Electronics
12.4.4. Automotive
12.4.5. Biotechnology
12.4.6. Aerospace and Defense
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
12.7.1. Low Field Sensor Technology
12.7.2. Earth Field Sensor Technology
12.7.3. Bias Magnetic Field Sensor Technology
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 Thin Film Magnetoresistive Sensor Demand Share, 2019-2026
13. Middle East & Africa Thin Film Magnetoresistive 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 Thin Film Magnetoresistive 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 Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Healthcare
13.4.3. Consumer Electronics
13.4.4. Automotive
13.4.5. Biotechnology
13.4.6. Aerospace and Defense
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thin Film Magnetoresistive Sensor Market Size and Volume Forecast by Type
13.7.1. Low Field Sensor Technology
13.7.2. Earth Field Sensor Technology
13.7.3. Bias Magnetic Field Sensor Technology
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 Thin Film Magnetoresistive Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thin Film Magnetoresistive Sensor Market: Market Share Analysis
14.2. Thin Film Magnetoresistive Sensor Distributors and Customers
14.3. Thin Film Magnetoresistive Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell International
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. Analog Devices (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. Murata
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NXP 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. TE Connectivity
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Magnachip Semiconductor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Diodes Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panasonic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Allegro Microsystems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Asahi Kasei Micro Devices
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Melexix
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Memsic
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Micronas Semiconductor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Robert Bosch
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
