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US Magnetic Sensors Market (2022-2027) by Type, Range, Application, End-User Industry, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 179 Pages
  • March 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585750
The US Magnetic Sensors Market is estimated to be USD 942.14 Mn in 2022 and is projected to reach USD 1458.93 Mn by 2027, growing at a CAGR of 9.14%.

Market dynamics are forces that impact the prices and behaviors of the US Magnetic Sensors Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Magnetic Sensors Market is segmented based on Type, Range, Application, End-User Industry.
  • By Type, the market is classified into Hall Effect, Magnetoresistive Sensors, Squid Sensors, Fluxgate Sensors, and Others.
  • By Range, the market is classified into< 1 Microgauss (Low-Field Sensors), Microgauss–10 Gauss (Earth Field Sensors), and >10 Gauss (Bias Magnetic Field Sensors).
  • By Application, the market is classified into Position Sensing, Speed Sensing, Navigation And Electronic Compass, Flow Rate Sensing, Proximity Detection/Non-Destructive Testing, and Others.
  • By End-User Industry, the market is classified into Transportation, Consumer Electronics, Healthcare, Aerospace & Defense, Industrial, BFSI, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Ablic Inc, Allegro Microsystems LLC, ams AG, Asahi Kasei Corp, Coto Technology, Crocus Technology, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Magnetic Sensors Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Magnetic Sensors Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Magnetic Sensors Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Magnetic Sensors Market

What is the estimated value of the US Magnetic Sensors Market?

The US Magnetic Sensors Market was estimated to be valued at $942.14 Million in 2022.

What is the growth rate of the US Magnetic Sensors Market?

The growth rate of the US Magnetic Sensors Market is 9.1%, with an estimated value of $1458.93 Million by 2027.

What is the forecasted size of the US Magnetic Sensors Market?

The US Magnetic Sensors Market is estimated to be worth $1458.93 Million by 2027.

Who are the key companies in the US Magnetic Sensors Market?

Key companies in the US Magnetic Sensors Market include Ablic Inc, Allegro Microsystems LLC, ams AG, Asahi Kasei Corp, Coto Technology, Crocus Technology, Emerson Electric Co., Honeywell International Inc, IFM Electronic GmbH and Infineon Technologies AG.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Intensifying Focus of Manufacturers Toward Producing 3D Magnetic Sensors
4.1.2 Increasing Investments in Magnetic Sensor Ecosystem
4.1.3 Unceasing Growth of the Consumer Electronics Industry
4.2 Restraints
4.2.1 Intense Pricing Pressure
4.3 Opportunities
4.3.1 Increasing Adoption of Magnetic Sensors in Healthcare Applications
4.3.2 Increasing Manufacturing of Hybrid and Electric Cars
4.4 Challenges
4.4.1 Need for High Product Differentiation and Innovation to Meet Unique End-Use Requirements
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Magnetic Sensors Market, By Type
6.1 Introduction
6.2 Hall Effect
6.2.1 Hall Ics
6.2.2 Hall Elements
6.3 Magnetoresistive Sensors
6.3.1 Anisotropic Magnetoresistive (AMR) Sensors
6.3.2 Giant Magnetoresistive (GMR) Sensors
6.3.3 Tunnel Magnetoresistive (TMR) Sensors
6.4 Squid Sensors
6.4.1 High-Temperature Squid
6.4.2 Low-Temperature Squids
6.5 Fluxgate Sensors
6.6 Others
6.6.1 Optically Pumped
6.6.2 Magnetodiode
6.6.3 Magneto-Optical
6.6.4 Magnetoinductive
6.6.5 Search Coil
6.6.6 Overhauser
6.6.7 Reed
7 US Magnetic Sensors Market, By Range
7.1 Introduction
7.2 < 1 Microgauss (Low-Field Sensors)
7.3 Microgauss-10 Gauss (Earth Field Sensors)
7.4 >10 Gauss (Bias Magnetic Field Sensors)
8 US Magnetic Sensors Market, By Application
8.1 Introduction
8.2 Position Sensing
8.3 Speed Sensing
8.4 Navigation And Electronic Compass
8.5 Flow Rate Sensing
8.6 Proximity Detection/Non-Destructive Testing
8.7 Others
9 US Magnetic Sensors Market, By End-User Industry
9.1 Introduction
9.2 Transportation
9.3 Consumer Electronics
9.4 Healthcare
9.5 Aerospace & Defense
9.6 Industrial
9.7 BFSI
9.8 Others
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Ablic Inc
11.2 Allegro Microsystems LLC
11.3 ams AG
11.4 Asahi Kasei Corp
11.5 Coto Technology
11.6 Crocus Technology
11.7 Emerson Electric Co.
11.8 Honeywell International Inc
11.9 IFM Electronic GmbH
11.10 Infineon Technologies AG
11.11 Kita Sensor
11.12 Kohshin Electric Corp
11.13 Melexis
11.14 Multidimension Technology Co. Ltd
11.15 Nxp Semiconductors NV
11.16 Quspin
11.17 Sensata Technologies
11.18 Sensitec GmbH
11.19 TDK Corp
11.20 TE Connectivity
11.21 Texas Instruments Inc
11.22 TT Electronics plc
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • Ablic Inc
  • Allegro Microsystems LLC
  • ams AG
  • Asahi Kasei Corp
  • Coto Technology
  • Crocus Technology
  • Emerson Electric Co.
  • Honeywell International Inc
  • IFM Electronic GmbH
  • Infineon Technologies AG
  • Kita Sensor
  • Kohshin Electric Corp
  • Melexis
  • Multidimension Technology Co. Ltd
  • Nxp Semiconductors NV
  • Quspin
  • Sensata Technologies
  • Sensitec GmbH
  • TDK Corp
  • TE Connectivity
  • Texas Instruments Inc
  • TT Electronics plc