Global Magnetic Sensors Market to Reach $4.7 Billion by 2030
The global market for Magnetic Sensors estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030. Hall Effect, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anisotropic Magnetoresistance (AMR) segment is readjusted to a revised 6.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $691.8 Million, While China is Forecast to Grow at 12.5% CAGR
The Magnetic Sensors market in the U.S. is estimated at US$691.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.Select Competitors (Total 34 Featured) -
- Advanced Hall Sensors Ltd.
- Aeco s.r.l.
- AI-Tek Instruments LLC
- Allegro MicroSystems, Inc.
- Alps Alpine Co., Ltd.
- ANGSemi Microelctronics
- ANTCLABS Inc.
- Applied Physics Systems, Inc.
- Aquascan International Ltd.
- Asahi Kasei Microdevices Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Hall Sensors Ltd.
- Aeco s.r.l.
- AI-Tek Instruments LLC
- Allegro MicroSystems, Inc.
- Alps Alpine Co., Ltd.
- ANGSemi Microelctronics
- ANTCLABS Inc.
- Applied Physics Systems, Inc.
- Aquascan International Ltd.
- Asahi Kasei Microdevices Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 189 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 2.5 Billion |
Forecasted Market Value ( USD | $ 3.7 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |