Quick Summary:
As we navigate the uncharted terrain of the post-Covid era, gaining a clear perspective on future market trends becomes paramount. With this in mind, keeping track of the emergent Giant Magnetoresistance (GMR) Sensors market is essential. Estimated at US$195.3 Million in 2022 and predicted to rise to a significant US$367.5 Million by 2030, this market is potentially transformative, harnessing innovative technology pertinent to major industries, including Automotive and Consumer Electronics.
Our comprehensive market research report provides an in-depth analysis of this growing market, showcasing the growth trajectory across different geographical areas, including the US and China. With unique insights into the performance and strategies of major competitors, like ams AG, Analog Devices, and Honeywell International Inc., this report can facilitate critical business decisions and future-proof your investments. Strategically navigate the intricacies of the GMR Sensors market with access to this profound and data-rich research report.
Global Giant Magnetoresistance (GMR) Sensors Market to Reach $367.5 Million by 2030
The global market for Giant Magnetoresistance (GMR) Sensors estimated at US$195.3 Million in the year 2022, is projected to reach a revised size of US$367.5 Million by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Automotive, one of the segments analyzed in the report, is projected to record 9.9% CAGR and reach US$102 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 8.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $53.2 Million, While China is Forecast to Grow at 14% CAGR
The Giant Magnetoresistance (GMR) Sensors market in the U.S. is estimated at US$53.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$93.3 Million by the year 2030 trailing a CAGR of 14% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.Select Competitors (Total 36 Featured) -
- ams AG
- Analog Devices
- Asahi Kasei Corporation
- Bartington Instruments Ltd
- Honeywell International Inc.
- Infineon Technologies AG
- Melexis NV
- MEMSIC
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Sanken Electric Co.
- TE Connectivity Ltd
- The Micronas Group;
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
What is the estimated value of the Global Market for Giant Magnetoresistance (GMR) Sensors?
What is the growth rate of the Global Market for Giant Magnetoresistance (GMR) Sensors?
What is the forecasted size of the Global Market for Giant Magnetoresistance (GMR) Sensors?
Who are the key companies in the Global Market for Giant Magnetoresistance (GMR) Sensors?
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 195.3 Million |
Forecasted Market Value ( USD | $ 367.5 Million |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ams AG
- Analog Devices
- Asahi Kasei Corporation
- Bartington Instruments Ltd
- Honeywell International Inc.
- Infineon Technologies AG
- Melexis NV
- MEMSIC
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Sanken Electric Co.
- TE Connectivity Ltd
- The Micronas Group