#Melexis magnetic position sensor

[futureelectronic1146]

Melexis Redefines the Market with 3D Magnetic Position Sensors

https://www.futureelectronics.com/resources/featured-products/infineon-psoc-4100s-max-for-home-automation. Melexis expands its portfolio of 3D magnetic position sensing solutions with the introduction of the MLX9042x series. These sensors are intended for cost-conscious automotive customers who need to measure absolute position accurately and safely in harsh and noisy environments over an extended temperature range. https://youtu.be/MhrNCdwdnJY

[futureelectronic1527]

Melexis Redefines the Market with 3D Magnetic Position Sensors

https://www.futureelectronics.com/resources/featured-products/infineon-psoc-4100s-max-for-home-automation. Melexis expands its portfolio of 3D magnetic position sensing solutions with the introduction of the MLX9042x series. These sensors are intended for cost-conscious automotive customers who need to measure absolute position accurately and safely in harsh and noisy environments over an extended temperature range. https://youtu.be/MhrNCdwdnJY

[abhigmi]

Magnetic Sensor Market Trends, Segmentation and Registering a Strong Growth by 2032

The magnetic sensor market is foreseen to grow enormously through 2028. Automation and robotics are quickly becoming well-known trends in the manufacturing industry as a means of improving overall operational performance and efficiency. In addition to increasing productivity and reducing labour costs, these technologies also increase profit margins. Industrial robots, autonomous guided vehicles (AGVs), material handling robots, and robotic grippers frequently employ magnetic sensors for applications requiring position, speed, and angle sensing. By 2032, product adoption will be driven by the expanding use of these systems in global manufacturing operations.

The sales of smart home devices have picked up significant pace in recent years, with the demand for energy-efficient and high-performing appliances growing steadily. The magnetic sensor market statistics suggests that this factor will spur the product installation in a variety of consumer electronic gadgets, including wireless security systems, smart door locks, and service robots.

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TMR sensors gain traction in industrial sector due to high output

By 2032, it is anticipated that TMR sensors will generate revenues from the magnetic sensor market worth USD 250 million. Tunnel magnetoresistance (TMR) sensors have a number of significant advantages in industrial applications, including high output, excellent accuracy, minimal aging-related deterioration, and low temperature drift. These sensors are perfect for use in industrial settings because their output is 500 times greater than that of their hall element counterparts and they use less power.

Focus on equipment maintenance to drive product use in detection/NDT applications

Industry size from the detection/NDT applications is expected to record more than 5% CAGR during 2023 to 2032. Power generation companies are increasing their dependence on Non-Destructive Testing (NDT) methods to identify structural deficiencies or potential weaknesses in their machines. This can help mitigate the occurrence of excessive downtime or loss of power generation capabilities. NDT inspection is also used for equipment requiring regular maintenance, such as oil rigs, pipelines, bridges, and trains as well as high-speed amusement park rides. The method is also used to ensure the efficiency and durability of the equipment while providing security, which may further encourage the necessity of magnetic sensors.

Penetration of smart home devices to boost magnetic sensor consumption in North America

In 2022, the magnetic sensor market in North America will have grown to $1 billion in value. A common trend among consumers in the area is early adoption of new technologies. The Consumer Technology Association estimates that nearly 89% (227 million) of American households had access to some kind of smart home technology in January 2021. Thus, there will be a significant increase in demand for magnetic sensors as smart home appliance production and IoT-connected solutions increase globally, which will in turn support regional market growth.

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Product innovation strategies by key players to bolster industry outlook

The key players operating in the magnetic sensor industry include Honeywell International, Inc., Melexis, Diodes Incorporated, Infineon Technologies AG, ams AG, Asahi Kasei Microdevices Corporation, and NXP Semiconductors, among many others. These companies are exploring various strategies to address the high requirement for magnetic sensors and other components, including the delivery of improved versions of their product offerings, as per the business needs.

In March 2021, Paragraf introduced a new range of graphene-based hall-effect magnetic sensors, suitable for low-field environments and ambient temperatures. The sensors have been developed for batteries that will be used in the EV sector, enabling the firm to establish a strong presence in the magnetic sensor market.

Table of Contents (ToC) of the report:

Chapter 1   Methodology & Scope

1.1    Scope and definition

1.2    Methodology & forecast parameters

1.3    COVID-19 impact

1.3.1    North America

1.3.2    Europe

1.3.3    Asia Pacific

1.3.4    Latin America

1.3.5    MEA

1.4    Data Sources

1.4.1    Secondary

1.4.1.1   Paid sources

1.4.1.2   Public sources

1.4.2    Primary

1.5    Industry Glossary

Chapter 2   Executive Summary

2.1    Magnetic sensor market 3600 snapshots, 2018-2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2023 - 2032

2.3    Regional trends

2.4    Technology trends

2.5    Application trends

2.6    End-use trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/magnetic-sensor-market

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[futureelectronic645-blog]

https://www.futureelectronics.com/m/melexis. Melexis’ Latch & Switch sensor ICs use an innovative magnetic technology that allows the measurement of the lateral magnetic flux component. https://youtu.be/Dlsx69WMxxU

[futureelectronic641-blog]

https://www.futureelectronics.com/m/melexis. Melexis' next generation Triaxis devices brings new unique features towards the market of position sensors, like higher temperature stability, better EMC robustness, and stray field immunity. https://youtu.be/JGrlspIKfV0

[mich2owns]

The MLX90392 is a monolithic sensor IC sensitive to the flux density applied orthogonally and parallel to the IC surface. The device makes magnetic measurement along the 3 axis (X, Y being in a plane parallel to the surface of the die, Z being perpendicular to the surface). Those measurements and the IC temperature are converted into 16-bit words which are transferred upon request over I2C communication channel. The device transmits compensated raw measurement data.

[mrkk2vegl]

The MLX90392 is a monolithic sensor IC sensitive to the flux density applied orthogonally and parallel to the IC surface. The device makes magnetic measurement along the 3 axis (X, Y being in a plane parallel to the surface of the die, Z being perpendicular to the surface). Those measurements and the IC temperature are converted into 16-bit words which are transferred upon request over I2C communication channel. The device transmits compensated raw measurement data.

[futureelectronic642-blog]

https://www.futureelectronics.com/m/melexis. This video explains the concept of the back-end calibration: a feature of our magnetic position sensors that allows you to compensate for non-linearity error in your application. https://youtu.be/imH-1RKU5eI

[sagarg889]

MEMS Pressure Sensor Market: Increasing Demand for Efficient Management Practices Report Forecast 2022-2032

The global MEMS pressure sensor market is expected to be valued at US$ 2,242.5 Million in 2022. Increasing need for controlling and monitoring systems across various industries, drives the demand for micro-electro-mechanical systems (MEMS) technology based pressure sensors.

Increasing need for controlling and monitoring systems across various industries, drives the demand formicro-electro-mechanical systems (MEMS) technology based pressure sensor. MEMS technology used to create miniature integrated devices - combines electrical and mechanical components, further fabricated using integrated circuit (IC) processing techniques.

Micro-electro-mechanical systems (MEMS) pressure sensors is widely utilized in applications which required absolute, gauge and differential pressure measurements. MEMS pressure sensors sense on the micro scale and can generate effects on the macro scale.

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MEMS Pressure Sensors are widely used in harsh environments, ultra-low pressure ranges, and extremely small size atmosphere. Also MEMS Pressure Sensors are utilized in various energy domains, which include electrical, mechanical, thermal, magnetic, chemical and radiant.

Global MEMS Pressure Sensor Market: Market Dynamics

Increasing demand for MEMS Pressure Sensor from automotive industry to enhance reliability, reduce cost and improve performance is the key factor drives the growth of MEMS global pressure sensor market during the forecast period.

Furthermore, continuous focus on factory automation, rapid development in industrial IoT solutions and improved sensing approach for monitoring & control applications are the factors accelerating the demand for MEMS pressure sensor in the industrial manufacturing sector.

Also, the increasing demand for disposable pressure sensors and continuous innovation in MEMS-enabled medical applications are expected to positively impact the growth of global MEMS pressure sensor market in medical space. Also, rapid growth in consumer electronics, such as smartphones and home appliances, and rising demand for customized MEMS devices for aerospace and defense applications are expected to fuel the growth of MEMS Pressure Sensor market during the forecast period.

However, lack of standard fabrication process and technical difficulties in integration and packing process are identified as the restraints likely to deter the progression of global MEMS pressure sensor market during the forecast period.

Global MEMS Pressure Sensor Market: Regional Outlook

Global MEMS pressure sensor market is witnessing significant growth in all major regions including North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific. Asia pacific market is expected to dominate the market during the forecast period due to government initiatives to expand the industrial infrastructure, presence of large number of automobile and original equipment manufacturers.

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Global MEMS Pressure Sensor Market: Competition Landscape

The key vendors in the Global MEMS pressure sensor market, include Robert Bosch GmbH, Denso, NXP Semiconductors, General Electric, Texas Instruments, Infineon Technologies, MRON Corporation, Infineon Technologies AG, and Melexis. Actuations and collaborations with other players in MEMS pressure sensor market is the key strategy followed by top vendors to gain competitive edge.

In October 2021, TDK Corporation announced the launch of the new C35 Type Pressure Sensor Element. It is designed to measure a range of 0 to 100 mbar. It combines high sensitivity with extremely low dimensions of just 2.05 x 2.05 x 1.2 mm, enabling compact pressure sensor designs. The sensor element is designed for a broad temperature range from -40 °C to +150 °C, and it is suited for pressure measurements of non-aggressive gases and liquids. The main uses are in applications that require high reliability and exact pressure measurements, such as medical engineering, with the industrial and automotive sectors.

In September 2021, TDK Corporation announced the global availability of the InvenSense ICP-20100 platform, a next-generation, feature-rich MEMS barometric pressure sensor appropriate for applications in smartphones, tablets, drones, and smart home appliances. ICP-20100 improves on the SmartPressure product family's industry-leading accuracy, long-term drift, and temperature stability through architectural advancements.

[qualitativemarketanalysis]

The Next Big Thing in  Global Magnetic Sensing Chips Market

The magnetic sensing chips are defined as the semiconductor devices which use magnetic principles to detect objects. They are present in magnetic sensors to determine the position or speed of an object with the help of magnetic principles. The magnetic sensing chips are used mainly in scientific measurement, navigation & industrial applications.

The report also ensure an analysis of the market by allowing a comprehensive view of Global Magnetic Sensing Chips Market and its associated components by engaging a set of standards. Factors such as government expenditure, economic growth, supply chains, and distribution channels are scrutinized in order to relay precise information. Using bottom-up & top-down approaches, market-size validation, and estimation has been performed to collect data from the supply side. Also, analysis of the data has been done by using a precise research framework which is suited to the target market. This framework works as a research standard, providing tools to create market reports.

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Market Key Players By Technology

Various key players are discussed in this report such as Honeywell International Inc.,Analog Devices, Inc., Melexis, ams AG, TDK-Micronas, ALPS ALPINE CO., LTD, Bosch Sensortec GmbH, TE Connectivity, MEMSIC, Inc., NXP Semiconductors, etc.

Market Taxonomy

Hall Sensor

Anisotropic Magneto Resistive (AMR) Sensor

Giant Magneto Resistive (GMR) sensor

Tunnel Magneto Resistive (TMR) sensor

By Application

Antilock Breaking System

Speedometers

Camshafts

Industrial Motor Control

Others

Automotive

Industrial

Consumer Electronics

Others

[marketreportsnews]

Magnetic Field Sensor Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2027

Global research report called Magnetic Field Sensor Market was recently published by Reports and Data to provide guidance for business. The report also focuses on global major leading industry players of Magnetic Field Sensor market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information. Global Magnetic Field Sensor market is expected to develop at a substantial CAGR in the coming years. The most significant factor driving the growth of this market is rising investments in market. Investments in the Magnetic Field Sensor market have witnessed huge growth over the past few years. This report also states import and export consumption, supply and demand Figures, cost, price, revenue and gross margins.

Reports and Data announced the addition of new informative data titled Magnetic Field Sensor market to its extensive repository. The goal of this report is to help readers improve their industry’s performance by focusing on important aspects of their business, such as recent developments, technology platforms, and various standard operating procedures and tools. Primary and secondary research techniques were used to effectively examine the desired data. Analysts in this research report can quickly expand their business by focusing on various business and market strategies.

Market Overview:

Consumer goods are finished things that are consumed by consumers rather than being used to create new products by manufacturers. Fast moving consumer goods is one of the most dependable segments because it delivers stuff that consumers use every day. This category contains low-cost items in a variety of shapes and sizes. Convenience items, shopping products, specialty products, and unsought items are the four primary categories of consumer products. These items are now available for purchase both online and in person. Fast-moving consumer goods are shipped all over the world to meet the growing demand of the world's population. In terms of consistent revenue growth, it is one of the most powerful sectors. It sells things that clients purchase directly from the company.

Top Key Players:

Asahi Kasei Corporation 

Allegro MicroSystems

LLC Infineon Technologies     AG T

DK Corporation Melexis 

Honeywell International Inc. 

TE Connectivity, ams AG  

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Major competitors around the world have been stressed to understand the level of competition. Several factors, such as productivity, manufacturing base, and product type, were considered to investigate various global regions, such as North America, Latin America, Europe, Asia Pacific, and India. In order to clearly understand the current scope of the existing industry, the competitive environment has been refined. This report also states import and export consumption, supply and demand Figures, cost, price, revenue and gross margins.

In addition to corporate strategy, Magnetic Field Sensor market throws light on different properties to curb the progress of fuel or industry. The focus is more on applicable sales strategies to increase the company’s productivity to achieve higher economic performance. It also covers research and development activities, online and offline activities, the latest product launches, and some of the competitive expansion adopted by major global companies. Research reports use effective graphical presentation techniques such as tables, charts, graphs, diagrams, and info graphics.

Market Segmentation:

Product type overview (Revenue, USD Million; 2017-2027)

Hall     Effect Sensors 

Magneto     resistive Sensors 

SQUID     Sensors Fluxgate Sensors

Others 

Range overview (Revenue, USD Million; 2017-2027)

<1     microgauss

1     microgauss–10 gauss

>10     gauss

Application overview (Revenue, USD Million; 2017-2027)

Speed     Sensing

Proximity     Detection/NDT

Position     Sensing

Navigation     and Electronic compass

Flow     rate Sensing

Others 

End-user industry overview (Revenue, USD Million; 2017-2027)

Transportation

Consumer     Electronics

Healthcare

Aerospace     & Defense

Industrial

BFSI

Others     (energy & power, food & beverages (F&B), and research)

Regional analysis covers:

·         North America (US, Canada, Europe)

·         Europe (Germany, UK, Italy, France, BENELUX, Rest of Europe)

·         Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

·         Latin America (Brazil, Rest of Latin America)

·         Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)

Reasons for Buying this Report:

This report provides pin-point analysis for changing     competitive dynamics

It provides a forward-looking perspective on different     factors driving or restraining market growth

It provides a six-year forecast assessed on the basis     of how the market is predicted to grow

It helps in understanding the key product segments and     their future

It provides pin point analysis of changing competition     dynamics and keeps you ahead of competitors

It helps in making informed business decisions by     having complete insights of market and by making in-depth analysis of     market segments

PEST analysis of the market in the five major regions.

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Table of Content:

Market     Overview

Competition     Analysis by Players

Company     (Top Players) Profiles

Magnetic     Field Sensor market Size by Type and Application

US     Market Status and Outlook

Magnetic     Field Sensor market Status and Outlook

Japan     Market Development Status and Outlook

China     Market Status and Outlook

India     Magnetic Field Sensor market Status and Outlook

Southeast     Asia Market Status and Outlook

Market     Forecast by Region, Type, and Application

Market     Dynamics

Market     Effect Factor Analysis

Research     Finding/ Conclusion

Appendix

Finally, all aspects of the Magnetic Field Sensor market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

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[lucyj2223]

Magnetic Sensing Chips Market Outlook: Know What Factors Suggest Great Pickup in Momentum

The Magnetic Sensing Chips Market revenue is anticipated to rise at a considerable rate over the forecast period. In 2021, the market is growing at a steady rate along with the increase in adoption of strategies by leading players, the market is anticipated to rise over the projected horizon.

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The magnetic sensing chips are defined as the semiconductor devices which use magnetic principles to detect objects. They are present in magnetic sensors to determine the position or speed of an object with the help of magnetic principles. The magnetic sensing chips are used mainly in scientific measurement, navigation & industrial applications.

 The Global Magnetic Sensing Chips Market is segmented into technology such as Hall Sensor, Anisotropic Magneto Resistive (AMR) Sensor, Giant Magneto Resistive (GMR) sensor, and Tunnel Magneto Resistive (TMR) sensor, by application such as Antilock Breaking System, Speedometers, Camshafts, Industrial Motor Control, and others. Further, market is segmented into end user such as Automotive, Industrial, Consumer Electronics, and Others.

Also, the Global Magnetic Sensing Chips Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Honeywell International Inc.,Analog Devices, Inc., Melexis, ams AG, TDK-Micronas, ALPS ALPINE CO., LTD, Bosch Sensortec GmbH, TE Connectivity, MEMSIC, Inc., NXP Semiconductors, etc.

 Market Taxonomy

By Technology

·        Hall Sensor

·        Anisotropic Magneto Resistive (AMR) Sensor

·        Giant Magneto Resistive (GMR) sensor

·        Tunnel Magneto Resistive (TMR) sensor

 By Application

·        Antilock Breaking System

·        Speedometers

·        Camshafts

·        Industrial Motor Control

·        Others

 By End User

·        Automotive

·        Industrial

·        Consumer Electronics

·        Others

By Region

·        North America

·        Latin America

·        Europe

·        Asia Pacific

·        Middle East & Africa

 Get Full Report on @ https://qualiketresearch.com/reports-details/Magnetic-Sensing-Chips-Market

About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which help our clients outperform their competition.

[businessconsultingarticle]

Magnetic Field Sensor Market  Size, Share Analysis, Key Companies, and Forecast To 2027

Reports and Data has recently added a new report titled Global Magnetic Field Sensor market report  that offers comprehensive overview of the recent and emerging trends, market share, market size, top companies, and revenue growth of the market for the forecast period of 2021-2027.  RnD estimates that the global consumer goods industry is set to witness exponential revenue growth over the forecast period owing to increasing demand for on-the-go products, growing need for packaged foods, and increasing disposable income.

The report also offers key insights into the revenue growth and CAGR of the market for the forecast period and provides a comprehensive assessment of key factors driving and restraining market growth. The report also offers strategic recommendations to key companies and new players and highlights lucrative opportunities in the market.

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Key Players Operating in Global Magnetic Field Sensor Market

Asahi Kasei Corporation

Allegro MicroSystems

LLC Infineon Technologies AG T

DK Corporation Melexis

Honeywell International Inc.

TE Connectivity, ams AG

Rapid digitalization of supply chain and manufacturing process to drive market growth

Consumer goods and fast-moving consumer goods (FMCG) markets are constantly adapting to changing consumer demand and trends. In recent years, the consumer goods business has been influenced by digital innovation, the coronavirus pandemic, and a greater focus on sustainable and healthy behaviors, to name a few. Digitalization has put the customer in control, allowing them to compare and scrutinize things in real time. In this competitive industry, consumer products companies must maximize their marketing techniques and brand recognition to sustain client loyalty.

The pandemic changed how people purchase and wreaked havoc on the market; cleaning supplies, shelf-stable food and beverages, and toilet paper became scarce in some areas within days. Furthermore, the function of sustainability is becoming increasingly important in the consumer goods sector; there is a growing desire for more ecologically and ethically manufactured products across the board.

Growing demand for co-friendly cosmetics to further bolster market growth

Food, toiletries, cosmetics, and beverages are the four categories that make up the consumer products industry. Most companies in this industry make products that fall into one of the four categories; however, some companies may have bands that span the categories' lines. In the consumer goods industry, success is determined by how well a single product is marketed, typically through boosting the brand name.

In the consumer products industry, companies compete for shelf space, therefore they strive for smart package design, marketing, and customer satisfaction. Addressing changing client wants, navigating a consolidating industry, and implementing profitable growth plans are just a few of the issues faced in the consumer products sector.

Product type overview (Revenue, USD Million; 2017-2027)

Hall Effect Sensors

Magneto resistive Sensors

SQUID Sensors Fluxgate Sensors

Others

Range overview (Revenue, USD Million; 2017-2027)

<1 microgauss

1 microgauss–10 gauss

>10 gauss

Application overview (Revenue, USD Million; 2017-2027)

Speed Sensing

Proximity Detection/NDT

Position Sensing

Navigation and Electronic compass

Flow rate Sensing

Others

End-user industry overview (Revenue, USD Million; 2017-2027)

Transportation

Consumer Electronics

Healthcare

Aerospace & Defense

Industrial

BFSI

Others (energy & power, food & beverages (F&B), and research)

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Key Questions Answered by the Report:

·         What are the key applications of the Magnetic Field Sensor market? Which application segment is expected to drive market revenue growth over the forecast period?

·         Which product type is expected to register significant revenue growth going ahead?

·         Which region is expected to account for largest revenue share over the forecast period 2021-2028?

·         Which key companies operating in the global market?

·     What are the key strategic initiatives undertaken by the companies to gain a robust footing in the market?

·         What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?

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[genuinereport]

Magnetic Field Sensor

Reports and Data’s latest study, titled “Global Magnetic Field Sensor Market Forecast to 2027,” comprises an all-encompassing study of the global Magnetic Field Sensor industry, targeting the key driving factors and restraints for the industry growth. The preliminary target of the authors of this report is to enable industry stakeholders leverage the highly informative content provided in the report and make prudent business decisions. The latest market intelligence report offers exclusive and insightful data & information on the Magnetic Field Sensor market gathered from primary and secondary resources. The market data has been evaluated on both regional and global levels and is intended to help readers gain actionable insights into the global Magnetic Field Sensor market, along with its current trends and growth opportunities.

The sample copy of the global Magnetic Field Sensor market report is inclusive of in-depth analysis of this ever-evolving business landscape. It throws significant light on the market’s key regional segments, technological innovations, competitive landscape, and future growth avenues. The market dynamics section of the report covers the most significant market elements, such as drivers, opportunities, limitations, threats, and several micro-economic and macro-economic factors. A well-defined SWOT analysis, alongside the feasibility analysis, investment return analysis, and Porter’s Five Forces analysis, has also been included in this research report. Additionally, in the competitive section of the report, the leading market players and their lucrative business growth strategies have been detailed. Moreover, this section provides strategic recommendations for the new, as well as existing market players, which could assist them to their ramp up their financial and market positions in the long run.  

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COVID-19 Impact Analysis: The latest report highlights the significant market changes that have followed the COVID-19 outbreak. The global Magnetic Field Sensor business sector has been undergoing the repercussions of the pandemic that has massively disrupted the global market dynamics and trends and impacted the market in several unfavorable ways. Moreover, the public health emergency has adversely affected the global supply chain and brought about major fluctuations in product prices and demand. However, the global Magnetic Field Sensor market will regain traction in the post-COVID era, industry experts believe.

Regional Scenario: The geographical outlook of the global Magnetic Field Sensor market is an essential component of this report. The global Magnetic Field Sensor market is categorized into several key regions, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. In this section of the report, the regional market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects have been thoroughly assessed.

Competitive Outlook: The leading contenders in the global Magnetic Field Sensor market are listed below:

Asahi Kasei Corporation 

Allegro MicroSystems

LLC Infineon Technologies AG T

DK Corporation Melexis 

Honeywell International Inc. 

TE Connectivity, ams AG  

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Market Segmentation, by Product Type:

Hall Effect     Sensors 

Magneto     resistive Sensors 

SQUID Sensors     Fluxgate Sensors

Others 

Market Segmentation, by Application:

Speed Sensing

Proximity     Detection/NDT

Position Sensing

Navigation and     Electronic compass

Flow rate     Sensing

Others 

Market Segmentation, by End-user:

Transportation

Consumer Electronics

Healthcare

Aerospace & Defense

Industrial

BFSI

Others (energy & power, food & beverages (F&B), and     research)

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 Magnetic Field Sensor Market, Magnetic Field Sensor Market demand, Magnetic Field Sensor Industry, Magnetic Field Sensor Market size, Magnetic Field Sensor Market share, Magnetic Field Sensor Market trend, Magnetic Field Sensor Market forecast, Magnetic Field Sensor Market growth, Magnetic Field Sensor Market 2020, Magnetic Field Sensor Market COVID-19 Impact Analysis Report

[atomicdinosaurdonut]

Global Automotive position sensor market size to Reach a CAGR Around 8% with a Valuation of USD 2 Billion by 2022

Market Synopsis

The development of the automotive industry is accredited to the increased demand in automotive position sensor market size. Market Research Future has presented the market report related to the automotive industry aims to analyze the current market scenario better. The automotive position sensor market size is anticipated to advance at a CAGR of 8% with a valuation of USD 2 billion by 2022.

The escalation in technological development and revolutionized automotive industry through automation and digitization is expected to increase the market share significantly over the years. A position sensor is a device that detects, measures, and records the physical movement of an object and translates into translating it into signals that get suitable for processing, transmission, and control. In an automotive, a position sensor is a combined part of the vehicle that serves various applications such as light position sensors, seat position sensors, motion shaft position sensors, motor shaft position sensors and more.

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 Driving Factors: Automotive position sensor market size

 The increasing and continuous developments and innovations in technology, the demand for electronic sensors for these position sensors in the automotive market is more. Hence, the market for automotive position sensors is anticipated to witness significant growth during the forecast period. In recent times, the changing focus of the automotive industry to technological trends such as electrification, autonomous driving and more has boosted the demand in the automotive position sensors market.

At the same time, the manufacturer’s inclination towards integration of position sensors in vehicles portray a positive outlook of continuous growth in the automotive position sensor market size. While increasing stringent government regulations regarding automobile safety and global car production have also significantly contributed to the growth of the market.

In addition, growing automotive industry, especially in the developing regions, has been highly helpful in improving the subject detection and automatically improving measures in more development, which is, in turn, is expected to be the key driver for the automotive position sensor market size. Rising environmental and health apprehensions have led to introducing stringent emission norms in several countries. This concern has made a rapid adoption of emission norms which eventually helped the automotive position sensors to increase, hence stimulating the automotive position sensor market size over the years having a promising future in the years to come.

 Automotive position sensor market size: Market Segmentation

 The automotive position sensor market size has segmented on the type, vehicle type, and high end.

By mode of type, the market, as in reports have been segmented into multi-axis, angular, and linear.

By mode of vehicle type, the market has been segmented into high end, mid end, low end and electric.

 Automotive position sensor market size: Regional Analysis

The regions covered in MRFR’s report on automotive position sensor market size include North America, Europe, Asia-pacific and rest of the world.

North American and Europe are poised to lead the market and retain its leadership over the forecast period. The presence of several leading market players in these regions are actively developing and adopting technologies to integrate with automotive position sensors is likely to drive the market significantly.

Meanwhile, the Asia-Pacific region is likely showing high potential mainly due to the increase in the number of passenger vehicles operating in this region.

 Market Key Players

Some of the key players in the Automotive position sensor market size are Analog Devices Inc, Avago Technologies, Bosch Sensortec GMBH, Bourns Inc, Continental Corporation, CTS Corporation, Delphi Automotive, Denso Corporation, GE Measurement & Control Solutions, Gill Sensor& Control, Hella KGAA, Infineon Technologies, NXP Semiconductors, Sensata Technologies, TRW Automotive INC, Stoneridge INC.

 Industry News

27 November 2018 -Melexis has announced a new member to its third-generation magnetic sensor family, the MLX90378, which provides robust absolute 3D position sensing for automotive applications including transmission sensors and gear shifters.

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 Key Questions Addressed by the Report

What was the historic market size?

Which segmentation (Product/ Capacity) is driving market?

What will be the growth rate?

How are the key players in this market?

What are the strategies adopted by key players?

TABLE OF CONTENTS

 1 EXECUTIVE SUMMARY

 2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

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  Also Read-

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Automotive Sensors Market: Growth, Status, Top Leaders, Future Plans and Forecast 2029

The global automotive sensors market size is projected to reach USD 15.6 billion by 2028 and exhibit a CAGR of 6.38% during the forecast period. The rising demand for modern safety, comfort, and technological features is expected to boost the market's growth. Moreover, the rising popularity and adoption of autonomous vehicles in the coming years may surge the growth of the market. Fortune Business Insights™ has presented this information in its report titled, “Automotive Sensors Market, 2021-2028”. The market size stood at USD 10.44 billion in 2020.

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The growth of the market is also attributable to the growing demand for pressure sensors. Pressure sensors are used for the safety requirements of passengers and the vehicle itself. Pressure sensors integrated with vehicle’s doors send crash signals to the central airbag unit. Hence, the surging demand for pressure sensors is expected to foster market growth.

Key Players in the Global Market are:

Robert Bosch GmbH

Infineon Technologies AG

STMicroelectronics

Continental AG

Denso Corporation

NXP Semiconductors

Texas Instruments Incorporated

Allegro Microsystems, LLC

CTS Corporation

Elmos Semiconductor

Sensata Technologies

Drivers & Restraints-

Rising Adoption of Autonomous Vehicles to Augment Market Growth

Manufacturers incorporate non-contact 3D magnetic sensors to replace the optical systems or potentiometers that use conventional position-sensing methods. These sensors improve driver concentration by eliminating manual control functions, including infotainment and vehicle lighting. Hence, the rising adoption of such advanced technologies is likely to boost the global automotive sensors market growth. Additionally, the emphasis on comfort and safety has increased in recent years. The growing demand for connected vehicles, new technology features, and new energy vehicles is expected to boost the market's growth.

Autonomous vehicles have gained striking growth due to technological advancements and the growing consumer awareness for autonomous vehicles. The increasing adoption of automotive sensors and vehicles is likely to amplify market growth in the coming years.However, the high costs of automotive sensors due to low production may hinder the market growth.

Competitive Landscape-

Key Players Launch New Products to Garner Growth in the Market

The market is fairly competitive, and NXP Semiconductors, Infineon Technologies AG, Robert Bosch GmbH, and STMicroelectronics comprise the key players in the global market. The key players emphasize increased research and development activities to produce high-performance and low-power-consuming sensors. The key players focus on developing new products, patents, technological advancements, collaborations, acquisitions, mergers, and others to generate greater revenues and improve their market presence. For instance, Melexis unveiled next-generation current sensors for automotive power-conversion applications in June 2021. The sensors possess beneficial attributes such as integrated over-current detection circuity, increased resolution, and 3.3V or 5V operation capabilities.

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Industry Developments-

June 2021: Navya and Valeo extended their industrial and technological collaboration for autonomous shuttles. Navya will share the functional and technological data gathered during experiments, and Valeo will furnish Navya with sensors that enable vehicles to comprehend their surroundings.

Major Table Table of Automotive Sensors Market:

Research Scope

Market Segmentation

Research Methodology

Definitions and Assumptions

Market Drivers

Market Restraints

Merger, Acquisitions, and Partnerships

Growth and Penetration Analysis

Porter’s Five Forces Analysis

PEST Analysis

Technological Developments in Automotive Sensor vehicles

Covid-19 Impact Analysis

Temperature Sensor

Pressure Sensor

Speed Sensor

Position Sensor

Others

Powertrain

Chassis

Exhaust

ADAS

Others

Passenger Car

LCV

HCV

North America

Europe

Asia Pacific

Rest of the World

TOC Continued…

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