Global Magnetic Field Sensor Market Size, Share, Opportunities, And Trends By Type (Hall Effect Sensors, Squid Sensors, Magnetoresistive Sensors, Fluxgate Sensors, Others), By Application (Speed Sensing, Position Sensing, Flow Rate Sensing, Navigation, Others), And By Geography - Forecasts From 2019 To 2024.

Published:  Mar 2021 Report Code: KSI061611131 Pages: 114

The global magnetic field sensor market is projected to witness a compound annual growth rate of 8.30% during the forecast period to reach a total market size of US$4.130 billion by 2022, increasing from US$2.559 billion in 2016. The rapidly growing automotive industry is poised to drive the market for magnetic field sensors over the projected period. Continuous advancements in the consumer electronics and aerospace & defense industry will further augment the market growth for magnetic field sensors. The proliferation of IoT and increasing application of these sensors across various industry verticals will increase the demand for more powerful magnetic field sensors. However, the technical limitations of these sensors are expected to restrain their market growth.

Research Methodology

The report provides a brief introduction to the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

The next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides global and regional regulations which are determining the market growth and industry value chain analysis of the global magnetic field sensor market. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Competitive Insight

The major players discussed in this report include Allegro MicroSystems, LLC, TDK Corporation, Honeywell International Inc., Asahi Kasei Microdevices Corporation, and Melexis among a few others.


In the report, global Magnetic field sensor market has been segmented by type, application, and geography:

By Type

Hall Effect sensors

Squid sensors

Magnetoresistive sensors

Fluxgate sensors



By Application

Speed sensing

Position sensing

Flow Rate sensing




By Geography

North America

South America


Middle East and Africa (MEA)

Asia Pacific (APAC)

1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings of the Study
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. Global Magnetic Field Sensor Market Forecast by Type (US$ billion)
5.1. Introduction
5.2. Hall Effect sensors
5.3. Squid sensors
5.4. Magnetoresistive sensors
5.5. Fluxgate sensors
5.6. Others
6. Global Magnetic Field Sensor Market Forecast by Application (US$ billion)
6.1. Introduction
6.2. Speed sensing
6.3. Position sensing
6.4. Flow Rate sensing
6.5. Navigation
6.6. Others
7. Global Magnetic field sensor Market Forecast by Geography (US$ billion)
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. Middle East and Africa (MEA)
7.6. Asia Pacific (APAC)
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. Company Profiles
9.1. Allegro MicroSystems, LLC
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Key Developments
9.2. TDK Corporation
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Honeywell International Inc.
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Asahi Kasei Microdevices Corporation
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Melexis
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. NXP Semiconductors
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Kohshin Electric Corporation
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
List of Tables
List of Figures
Allegro MicroSystems, LLC
TDK Corporation
Honeywell International Inc.
Asahi Kasei Microdevices Corporation
NXP Semiconductors
Kohshin Electric Corporation


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