Global Anisotropic Magnetoresistance (AMR) Sensors Market to Reach $631 Million by 2030
The global market for Anisotropic Magnetoresistance (AMR) Sensors estimated at US$434.7 Million in the year 2022, is projected to reach a revised size of US$631 Million by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Automotive, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$274.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consumer Electronics segment is readjusted to a revised 5.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $118.4 Million, While China is Forecast to Grow at 8.6% CAGR
The Anisotropic Magnetoresistance (AMR) Sensors market in the U.S. is estimated at US$118.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$140.8 Million by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.Select Competitors (Total 36 Featured) -
- AMS
- Analog Devices
- Asahi Kasei Micro Devices Corporation
- Honeywell International Inc
- Infineon Technologies AG
- Memsic Inc.
- Murata
- NXP Semiconductor N.V.
- Robert Bosch GmbH
- TE Connectivity;
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AMS
- Analog Devices
- Asahi Kasei Micro Devices Corporation
- Honeywell International Inc
- Infineon Technologies AG
- Memsic Inc.
- Murata
- NXP Semiconductor N.V.
- Robert Bosch GmbH
- TE Connectivity
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 434.7 Million |
Forecasted Market Value ( USD | $ 631 Million |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |