Global Tunnel Magnetoresistance (TMR) Sensors Market to Reach $738.2 Million by 2030
The global market for Tunnel Magnetoresistance (TMR) Sensors estimated at US$475.5 Million in the year 2022, is projected to reach a revised size of US$738.2 Million by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030. Automotive, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$319.9 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 6.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $129.5 Million, While China is Forecast to Grow at 9.5% CAGR
The Tunnel Magnetoresistance (TMR) Sensors market in the U.S. is estimated at US$129.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$165.2 Million by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 36 Featured) -
- Allegro MicroSystems, LLC
- ams AG
- Asahi Kasei Corporation
- Honeywell International, Inc.
- Infineon Technologies AG
- Melexis
- Multi Dimension Technology
- Sensitec GmbH
- TDK Corporation
- TE Connectivity
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
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allegro MicroSystems, LLC
- ams AG
- Asahi Kasei Corporation
- Honeywell International, Inc.
- Infineon Technologies AG
- Melexis
- Multi Dimension Technology
- Sensitec GmbH
- TDK Corporation
- TE Connectivity
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 475.5 Million |
Forecasted Market Value ( USD | $ 738.2 Million |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |