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Published Date: 2015-10-23Number of Pages: 115

Magnetic Field Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021

Magnetic field sensor is a device which is used for studying the field around electrical devices, coils and permanent magnets. These sensors are widely used for linear position, rotational speed, linear angle measurements and position measurement in automotive, consumer electronics and industrial applications. Magnetic field sensors are being increasingly used in several applications, such as smart industrial process controls, smart grids, and smart buildings in order to enable efficient utilization of resources and reductions in greenhouse gas emission.

The global magnetic field sensors market is primarily driven by factors such as increase in demand for consumer electronics and appliances and surge in demand for these sensors in the automotive industry. Moreover, increasing demand for electronic compasses and gaming consoles and continuous demand for computers and its peripherals is positively impacting the growth of the global market. Stringent government legislation and policies that are encouraging the adoption of energy efficient appliances is also a major propeller for the industry growth. Considering these positive factors, the demand for magnetic field sensors is set to rise during the forecast period from 2015 - 2021.

Based on technology, the global market can be segmented into three segments, namely, bias field sensor, earth field sensor and low field sensor technology. Bias magnetic field sensor technology garnered the maximum revenue in 2014. Magnetic sensors in this category include magneto-resistive sensors, Hall-effect sensors, reed switches and giant magneto resistance sensors among others. Widespread adoption of these sensors across various industry verticals is boosting the growth of this technology.

Magnetic field sensors market, by types is classified as Hall-effect sensors, fluxgate sensors, SQUID sensors, magneto-resistive sensors and others. Hall-effect sensors dominated the market in 2014 and accounted for a substantial share of the overall market. The key growth driver of these sensors is their deployment in a diverse range of applications including consumer electronics, automotive, household appliances and industrial automation among others. Moreover, the cost-effectiveness, simple design and ease of manufacturing these sensors are also fuelling the market growth. However, newer sensors such as giant magneto resistance sensors and tunnel magneto resistance sensors are gradually gaining visibility and are expected to be a major driver for this segment.

By applications, the global market has been divided into seven segments, namely: automotive, consumer electronics, industrial, energy, power and utilities, robotics, healthcare, aerospace & defense. The automotive segment was the largest contributor to the market in 2014 and is expected to positively impact the market throughout the forecast period. The extensive usage of magnetic field sensors in several applications in this sector ranging from speedometers to complex electronic stability control systems, anti lock systems, infotainment systems, and electric power steering among others is fuelling the growth of this application area.

Magnetic field sensors market has been geographically segmented into four regions, namely North America, Europe, Asia Pacific and Rest of the World. North America acquired the largest share of the market in 2014 and was followed by Europe. These two regions conjointly held more than 70% of the global magnetic sensors market in 2014. The technological advancements in the field of magnetic sensors are being widely implemented across various industries in these regions and this is primarily driving the market. In addition, large deployments of smart grids and smart meters have also been positively impacting the growth of this market. Asia Pacific is projected to be the fastest growing region during the forecast period. 

Some of the major players in the global market are: Infineon Technologies (Germany), Allegro MicroSystems LLC (Massachusetts), Austria Microsystems AG (Austria), Honeywell International (U.S.), NXP Semiconductors (Netherlands), Asahi Kasei Co (Japan), Micronas Semiconductors Holdings AG (Switzerland), Melexix NV (Belgium) and Memsic Inc. (Massachusetts) among others.

magnetic-field-sensors-market

 

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Global Magnetic Field Sensors Market: Market Overview
3.1 Introduction
3.2 Key Trends Analysis
3.3 Market Drivers
       3.3.1 Increase in demand for consumer electronics and appliances and growing demand for electronic compasses
       3.3.2 Increasing application of magnetic field sensors in the automotive industry
       3.3.3 Stringent government legislation and policies for energy efficient appliances
3.4 Market Restraints
       3.4.1 Poor availability of aftermarket service
       3.4.2 Price erosion of magnetic field sensors
3.5 Market Opportunities
       3.5.1 Growing popularity of plug-in electric vehicles and battery electric vehicles
3.6 Global Magnetic Field Sensors Market: Market attractiveness analysis
       3.6.1 Recommendations
3.7 Global Magnetic Field Sensors Market: Company Market Share Analysis
       3.7.1 Competitive strategies adopted by leading players

Chapter 4 Global Magnetic Field Sensors Market Revenue by Technology, 2015 – 2021 (USD Million)
4.1 Overview
4.2 Low Field Sensor Technology
       4.2.1 Low Field Sensor Technology Market Revenue and Forecast, 2014 – 2021 (USD Million)
4.3 Earth Field Sensor Technology
       4.3.1 Earth Field Sensor Technology Market, Revenue and Forecast, 2014 – 2021 (USD Million)
4.4 Bias Magnetic Field Sensor Technology
       4.4.1 Bias Magnetic Field Sensor Technology Market, Revenue and Forecast, 2014 – 2021 (USD Million)

Chapter 5 Global Magnetic Field Sensors Market Revenue by Types, 2015 – 2021 (USD Million)
5.1 Overview
5.2 Hall-effect Sensors
       5.2.1 Hall-effect Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
5.3 Magneto-resistive Sensors
       5.3.1 Magneto-resistive Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
5.4 SQUID Sensors
       5.4.1 SQUID Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
5.5 Fluxgate Sensors
       5.5.1 Fluxgate Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
5.6 Other Sensors
       5.6.1 Other Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)

Chapter 6 Global Magnetic Field Sensors Market Revenue, by Application, 2015 – 2021 (USD Million)
6.1 Introduction
6.2 Automotive
       6.2.1 Global Magnetic Field Sensors Market for Automotive Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.3 Consumer Electronics
       6.3.1 Global Magnetic Field Sensors Market for Consumer Electronics Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.4 Industrial
       6.4.1 Global Magnetic Field Sensors Market for Industrial Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.5 Energy, Power and Utilities
       6.5.1 Global Magnetic Field Sensors Market for Energy, Power and Utilities Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.6 Robotics
       6.6.1 Global Magnetic Field Sensors Market for Robotics Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.7 Healthcare
       6.7.1 Global Magnetic Field Sensors Market for Healthcare Application, Revenue and Forecast, 2014 – 2021 (USD Million)
6.8 Aerospace and Defense
       6.8.1 Global Magnetic Field Sensors Market for Aerospace and Defense Application, Revenue and Forecast, 2014 – 2021 (USD Million)

Chapter 7 Global Magnetic Field Sensors Market by Geography 2015 – 2021 (Revenue)
7.1 Introduction
       7.1.1 Global Magnetic Field Sensors Market Revenue Share, by Geography, 2014 Vs 2021 (%)
7.2 North America
       7.2.1 North America Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
       7.2.2 North America Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.2.3 North America Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
       7.2.4 North America Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
       7.2.5 North America Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
       7.2.6 U.S. Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.2.7 Canada Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.2.8 Mexico Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
7.3 Europe
       7.3.1 Europe Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
       7.3.2 Europe Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.3.3 Europe Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
       7.3.4 Europe Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
       7.3.5 Europe Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
       7.3.6 United Kingdom Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.3.7 Germany Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.3.8 France Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.3.9 Italy Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.3.10 Rest of Europe Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
7.4 Asia Pacific (APAC)
       7.4.1 Asia Pacific Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
       7.4.2 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.4.3 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
       7.4.4 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
       7.4.5 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
       7.4.6 China Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.4.7 Japan Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.4.8 India Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.4.9 Oceania Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.4.10 Rest of Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
7.5 Rest of the World (RoW)
       7.5.1 RoW Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
       7.5.2 RoW Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.5.3 RoW Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
       7.5.4 RoW Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
       7.5.5 RoW Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
       7.5.6 South America Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.5.7 Middle East Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
       7.5.8 Africa Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)

Chapter 8 Company Profiles
8.1 Infineon Technologies
8.2 Allegro MicroSystems LLC
8.3 ams AG
8.4 Honeywell International
8.5 NXP Semiconductors
8.6 Asahi Kasei Co
8.7 Micronas Semiconductors Holdings AG
8.8 Melexix NV
8.9 Memsic Inc.

List of Figures 

FIG. 1 Market Segmentation: Magnetic Field Sensors Market
FIG. 2 Market attractiveness analysis, by application, 2014
FIG. 3 Company market share analysis, 2014 (%)
FIG. 4 Low Field Sensor Technology Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 5 Earth Field Sensor Technology Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 6 Bias Magnetic Field Sensor Technology Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 7 Hall-effect Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 8 Magneto-resistive Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 9 SQUID Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 10 Fluxgate Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 11 Other Sensors Market, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 12 Global Magnetic Field Sensors Market Revenue Share (%), By Application, 2014 Vs 2021
FIG. 13 Global Magnetic Field Sensors for Automotive Application, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 14 Global Magnetic Field Sensors Market for Consumer Electronics Application, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 15 Global Magnetic Field Sensors Market for Industrial Application, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 16 Global Magnetic Field Sensors Market for Energy, Power and Utilities Application, Revenue and Forecast, 2014 – 2021(USD Million)
FIG. 17 Global Magnetic Field Sensors Market for Robotics Application, Revenue and Forecast, 2014– 2021 (USD Million)
FIG. 18 Global Magnetic Field Sensors Market for Healthcare Application, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 19 Global Magnetic Field Sensors Market for Aerospace and Defense Application, Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 20 Global Magnetic Field Sensors Market Revenue Share, by Geography, 2014 Vs 2021 (%)
FIG. 21 North America Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
FIG. 22 U.S. Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 23 Canada Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 24 Mexico Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 25 Europe Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
FIG. 26 United Kingdom Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 27 Germany Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 28 France Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 29 Italy Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 30 Rest of Europe Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 31 Asia Pacific Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
FIG. 32 China Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 33 Japan Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 34 India Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 35 Oceania Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 36 Rest of Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 37 RoW Magnetic Field Sensors Market Revenue, and Forecast, 2014 – 2021 (USD Million)
FIG. 38 South America Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 39 Middle East Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)
FIG. 40 Africa Magnetic Field Sensors Market Revenue and Forecast, 2014 – 2021 (USD Million)

 List of Tables

TABLE 1 Global Magnetic Field Sensors Market Snapshot (Revenue), 2014 and 2021
TABLE 2 Drivers of the Magnetic Field Sensors Market: Impact Analysis
TABLE 3 North America Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
TABLE 4 North America Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
TABLE 5 North America Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
TABLE 6 Europe Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
TABLE 7 Europe Magnetic Field Sensors Market Revenue and Forecast, by Type, 2014 – 2021 (USD Million)
TABLE 8 Europe Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
TABLE 9 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
TABLE 10 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
TABLE 11 Asia Pacific Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million)
TABLE 12 RoW Magnetic Field Sensors Market Revenue and Forecast, by Technology, 2014 – 2021 (USD Million)
TABLE 13 RoW Magnetic Field Sensors Market Revenue and Forecast, by Types, 2014 – 2021 (USD Million)
TABLE 14 RoW Magnetic Field Sensors Market Revenue and Forecast, by Applications, 2014 – 2021 (USD Million

Magnetic field sensor is a device which is used for studying the field around electrical devices, coils and permanent magnets. These sensors were previously used only for direction finding or navigation by sensing the Earth’s magnetic poles. However, the application of magnetic field sensors have expanded vastly as different industries have adopted a variety of these sensors to detect the direction, presence or strength of not only earth’s magnetic field, but also from magnetized soft magnets, permanent magnets, vehicle disturbances and fields generated from electric currents. Demand for better efficiency and high sensing performance is fuelling the adoption of these sensors in various applications. The global magnetic field sensors market has been segmented on the basis of technology, types, applications and geography. A cross sectional study of the market broadly across four major regions has also been covered under the purview of the study.

Many factors, such as surge in demand for these sensors in the automobile industry, increase in demand for consumer electronics and appliances and growing popularity of electronic compasses are driving the growth of overall magnetic field sensors market. Stringent government regulations across North America and Europe are encouraging the widespread adoption of energy-efficient and eco-friendly devices. Magnetic field sensors are one of the core components of these products. Therefore, increasing demand for power efficient and smarter electronic devices has significantly increased the demand the usage of these sensors over the last decade. Furthermore, the healthy economic growth of emerging markets such as China, India and Taiwan is also boosting the growth of the latest technologies, which is in turn, fuelling the demand for magnetic field sensors. The conjoint effect of all these trends and drivers is thus set to bolster the growth of the global market during the forecast period.

Various government policies globally are setting standards for lower fleet-average fuel consumption and providing financial incentives for vehicle electrification, which is triggering the drive to reduce fuel consumption in the automotive sector. This in turn has resulted in the growing demand for electrified vehicles. The usage of advanced magneto-resistive sensors is anticipated to steadily increase in the field of electric drives. This is expected to offer potential growth opportunity to the global magnetic field sensors market. Moreover, emerging economies such as India and China, with their massive population are providing an enormous market for the new innovations in automotive sector. Rising awareness among consumers has given rise to favorable conditions for the consumer electronics market in Middle East and Africa. This in turn, is expected to further bolster the market growth of magnetic sensors.

The competitive profiling of the leading players in the global magnetic field sensors market across four major geographic regions is also covered under the scope of the report. These include various business strategies that have adopted by the major players and the recent developments as per the secondary data available. In order to provide a competitive insight of global magnetic field sensors market, the market attractive analysis has been provided in the report.

A comprehensive analysis of market dynamics that include the market drivers, restraints and opportunities is included under the purview of the study. Market dynamics are the distinct factors which exert an influence on the growth of a particular market and therefore help in studying the current trends of the global market. Thus, this report offers an inclusive study of the global magnetic field sensors market, along with providing the forecast of the market for the period from 2015 to 2021.

Some of the major players in the market are: Infineon Technologies (Germany), Allegro MicroSystems LLC (Massachusetts), Austria Microsystems AG (Austria), Honeywell International (U.S.), NXP Semiconductors (Netherlands), Asahi Kasei Co (Japan), Micronas Semiconductors Holdings AG (Switzerland), Melexix NV (Belgium) and Memsic Inc. (Massachusetts) among others.

The global magnetic field sensors market has been segmented into:

Magnetic field sensors market, by Technology

  • Low Field Sensor Technology
  • Earth Field Sensor Technology
  • Bias Magnetic Field Sensor Technology

Magnetic field sensors market, by Types

  • Hall-effect Sensors
  • Magneto-resistive Sensors
  • SQUID Sensors
  • Fluxgate Sensors
  • Others

Magnetic field sensors market, by Application:

  • Automotive
  • Consumer electronics
  • Industrial
  • Energy, Power and Utilities
  • Robotics
  • Healthcare
  • Aerospace & Defense

Magnetic field sensors market, by Geography: North America

  • U.S.
  • Canada
  • Mexico
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Oceania
    • Rest of Asia Pacific
  • Rest of the World
    • South America
    • Middle East
    • Africa