Magnetic Sensors Market

Magnetic Sensors Market (Technology: Hall Effect, Anisotropic Magneto Resistance, Giant Magneto Resistance, Tunnel Magneto Resistance, and Others; and Application: Automotive, Consumer Electronics, Industrial, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Magnetic Sensors Market Outlook 2031

  • The global industry was valued at US$ 5.6 Bn in 2022
  • It is expected to grow at a CAGR of 4.2% from 2023 to 2031 and reach US$ 8.2 Bn by the end of 2031

Analyst Viewpoint

Growth in automotive sector and rise in adoption of consumer electronics are expected to propel the magnetic sensors market size during the forecast period. Surge in investment in industrial automation and emergence of Internet of Things (IoT) is also boosting demand for magnetic sensors.

Magnetic position sensors, magnetic imaging sensors, and magnetic speed sensors are gaining traction in the automotive sector as they help track the position of moving components in vehicles. Increase in usage of magnetic sensors in the medical sector is likely to offer lucrative opportunities to players in the global magnetic sensors industry. Vendors are investing in the R&D of new technologies to increase their magnetic sensors market share. They are also offering high-sensitivity magnetic sensors for industrial applications.

Magnetic Sensors Market

Market Introduction

Magnetic sensors utilize the magnetic phenomena of inductance, reluctance, and eddy currents to measure the magnetic flux density of the environment without contact. These sensors convert the magnitude and variations of a magnetic field into electric signals. Hall effect, anisotropic magneto resistance, giant magneto resistance, and tunnel magneto resistance are different types of magnetic sensors. Anisotropic magneto resistance is used in magnetic switches and rotation sensors due to its simple structure whereas giant magneto resistance is employed in magnetic heads and rotational sensors owing to its high sensitivity.

Magnetic sensors are widely utilized in the production of smartphones and tablets. These sensors facilitate auto-rotation based on device orientation and provide compass functionality. In the automotive sector, magnetic sensors are used in Advanced Driver Assistance Systems (ADAS). Rise in focus on miniaturization and precision in various technological fields is boosting demand for magnetic micro-actuators and sensors, thereby fueling the magnetic sensors market progress.

Growth in Automotive Sector

Magnetic position sensors and magnetic speed sensors provide actionable data regarding the positioning, speed, rotation, and direction of movement of the crank, wheels, and transmission. Park assistance, speedometers, automatic transmissions, and antilock brakes rely on magnetic sensors to function. According to the European Automobile Producers Association (ACEA), in 2022, Europe recorded a production of 10.9 million passenger cars, registering a 8.3% growth compared to that in 2021. Thus, expansion in the automotive sector is propelling the magnetic sensors market value.

Hall effect sensors are used in various consumer electronics such as digital cameras, smartphones, gym equipment, and household appliances. Precision-programmed analog hall effect sensors help track the position of moving components in cameras. Magnetic sensors are also employed in smartphones for compass functions. Surge in adoption of smartphones and other consumer electronics is projected to spur the magnetic sensors market growth in the near future.

Rise in Investment in Industrial Automation

Magnetic sensors play a crucial role in several industrial automation processes such as speed and object detection, robotic arm positioning, conveyor belt speed, and machine tooling. In November 2023, Nokia Bell Labs, the research arm of Nokia, partnered with Aramco, an energy company, to support the development of use cases for Industry 4.0. Hence, increase in investment in industrial automation is boosting the magnetic sensors market expansion.

Regional Outlook

According to the latest magnetic sensors market forecast, North America is projected to hold largest share from 2023 to 2031. Rapid adoption of Internet of Things (IoT) is fueling the market dynamics in the region. Moreover, increase in usage of magnetic sensors in the medical sector is also propelling the magnetic sensors industry statistics. In July 2023, MultiDimension Technology Co., Ltd. launched several new TMR switch sensors for industrial, medical, and automotive applications.

Analysis of Key Players

Magnetic sensor manufacturers are developing non-contact coil sensors that can replace expensive magnetic and optical encoders. These sensors are known for their absolute position sensing, high speed, accuracy, and reliability.

Infineon Technologies AG, Honeywell International, Inc., NXP Semiconductors, Alps Electric Co., Ltd., Asahi Kasei Microdevices Corporation, Analog Devices, Inc., TE Connectivity Corporation, Elmos Semiconductor AG, Magnetic Sensors Corporation, and Allegro Microsystems, Inc. are key entities operating in this market.

Each of these players has been profiled in the magnetic sensors market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments

  • In October 2023, Renesas Electronics Corp. reported the development of an inductive position sensor (IPS) technology for highly accurate motor position sensor ICs for robotics, industrial and medical applications
  • In April 2023, TDK Corporation announced to increase the production capacity at its TDK Asama Techno Factory in Japan to strengthen its TMR magnetic sensor production system in response to increasing demand

Magnetic Sensors Market Snapshot

Attribute Detail
Market Value in 2022 US$ 5.6 Bn
Market Forecast Value in 2031 US$ 8.2 Bn
Growth Rate (CAGR) 4.2%
Forecast Period 2023-2031
Historical Data Available for 2017-2021
Quantitative Units US$ Bn for Value and Thousand Units for Volume
Market Analysis It includes segment analysis and regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape
  • Market share analysis by company (2022)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Technology
    • Hall Effect
    • Anisotropic Magneto Resistance (AMR)
    • Giant Magneto Resistance (GMR)
    • Tunnel Magneto Resistance (TMR)
    • Others
  • Application
    • Automotive
    • Consumer Electronics
    • Industrial
    • Others
Regions Covered
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Brazil
  • Mexico
  • South Africa
  • GCC Countries
Companies Profiled
  • Infineon Technologies AG
  • Honeywell International, Inc.
  • NXP Semiconductors
  • Alps Electric Co., Ltd.
  • Asahi Kasei Microdevices Corporation
  • Analog Devices, Inc.
  • TE Connectivity Corporation
  • Elmos Semiconductor AG
  • Magnetic Sensors Corporation
  • Allegro Microsystems, Inc.
  • Other Prominent Players
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the magnetic sensors market in 2022?

It was valued at US$ 5.6 Bn in 2022

How much will be the CAGR of the magnetic sensors industry during the forecast period?

It is expected to be 4.2% from 2023 to 2031

What are the key factors driving the demand for magnetic sensors?

Growth in automotive sector and rise in adoption of consumer electronics

Which region was more attractive for vendors in the magnetic sensors sector?

North America accounted for major share in 2022

Who are the prominent magnetic sensors manufacturers?

Infineon Technologies AG, Honeywell International, Inc., NXP Semiconductors, Alps Electric Co., Ltd., Asahi Kasei Microdevices Corporation, Analog Devices, Inc., TE Connectivity Corporation, Elmos Semiconductor AG, Magnetic Sensors Corporation, and Allegro Microsystems, Inc.

    1. Executive Summary

        1.1. Global Market Outlook

        1.2. Demand Side Trends

        1.3. Key Facts and Figures

        1.4. Trends Impacting Market

        1.5. TMR’s Growth Opportunity Wheel

    2. Market Overview

        2.1. Market Segmentation

        2.2. Key Developments

        2.3. Market Definitions

        2.4. Key Market Trends

        2.5. Market Dynamics

            2.5.1. Drivers

            2.5.2. Restraints

            2.5.3. Opportunities

        2.6. Global Magnetic Sensors Market Analysis and Forecast, 2023-2031

            2.6.1. Global Magnetic Sensors Market Volume (Thousand Units)

            2.6.2. Global Magnetic Sensors Market Revenue (US$ Bn)

        2.7. Porter’s Five Forces Analysis

        2.8. Regulatory Landscape

        2.9. Value Chain Analysis

            2.9.1. List of Raw Material Suppliers

            2.9.2. List of Key Manufacturers

            2.9.3. List of Key Suppliers

            2.9.4. List of Potential Customers

        2.10. Product Specification Analysis

        2.11. Production Overview

        2.12. Cost Structure Analysis

    3. COVID-19 Impact Analysis

        3.1. Impact on Supply Chain of Magnetic Sensors

        3.2. Impact on Demand for Magnetic Sensors- Pre & Post Crisis

    4. Production Output Analysis (Tons), 2022

        4.1. North America

        4.2. Europe

        4.3. Asia Pacific

        4.4. Latin America

        4.5. Middle East & Africa

    5. Impact of Current Geopolitical Scenario on Market

    6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031

        6.1. Price Trend Analysis by Technology

        6.2. Price Trend Analysis by Region

    7. Global Magnetic Sensors Market Analysis and Forecast, by Technology, 2023-2031

        7.1. Introduction and Definitions

        7.2. Global Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            7.2.1. Hall Effect

            7.2.2. Anisotropic Magneto Resistance (AMR)

            7.2.3. Giant Magneto Resistance (GMR)

            7.2.4. Tunnel Magneto Resistance (TMR)

            7.2.5. Others

        7.3. Global Magnetic Sensors Market Attractiveness, by Technology

    8. Global Magnetic Sensors Market Analysis and Forecast, by Application, 2023-2031

        8.1. Introduction and Definitions

        8.2. Global Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            8.2.1. Automotive

            8.2.2. Consumer Electronics

            8.2.3. Industrial

            8.2.4. Others

        8.3. Global Magnetic Sensors Market Attractiveness, by Application

    9. Global Magnetic Sensors Market Analysis and Forecast, by Region, 2023-2031

        9.1. Key Findings

        9.2. Global Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Region, 2023-2031

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Latin America

            9.2.5. Middle East & Africa

        9.3. Global Magnetic Sensors Market Attractiveness, by Region

    10. North America Magnetic Sensors Market Analysis and Forecast, 2023-2031

        10.1. Key Findings

        10.2. North America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

        10.3. North America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        10.4. North America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Country, 2023-2031

            10.4.1. U.S. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            10.4.2. U.S. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            10.4.3. Canada Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            10.4.4. Canada Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        10.5. North America Magnetic Sensors Market Attractiveness Analysis

    11. Europe Magnetic Sensors Market Analysis and Forecast, 2023-2031

        11.1. Key Findings

        11.2. Europe Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

        11.3. Europe Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        11.4. Europe Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031

            11.4.1. Germany Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Type, 2023-2031

            11.4.2. Germany. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            11.4.3. France Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            11.4.4. France. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            11.4.5. U.K. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            11.4.6. U.K. Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            11.4.7. Italy Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            11.4.8. Italy Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            11.4.9. Russia & CIS Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            11.4.10. Russia & CIS Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            11.4.11. Rest of Europe Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            11.4.12. Rest of Europe Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        11.5. Europe Magnetic Sensors Market Attractiveness Analysis

    12. Asia Pacific Magnetic Sensors Market Analysis and Forecast, 2023-2031

        12.1. Key Findings

        12.2. Asia Pacific Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology

        12.3. Asia Pacific Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        12.4. Asia Pacific Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031

            12.4.1. China Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            12.4.2. China Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            12.4.3. Japan Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            12.4.4. Japan Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            12.4.5. India Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            12.4.6. India Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            12.4.7. ASEAN Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            12.4.8. ASEAN Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            12.4.9. Rest of Asia Pacific Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            12.4.10. Rest of Asia Pacific Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        12.5. Asia Pacific Magnetic Sensors Market Attractiveness Analysis

    13. Latin America Magnetic Sensors Market Analysis and Forecast, 2023-2031

        13.1. Key Findings

        13.2. Latin America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

        13.3. Latin America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        13.4. Latin America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031

            13.4.1. Brazil Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            13.4.2. Brazil Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            13.4.3. Mexico Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            13.4.4. Mexico Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            13.4.5. Rest of Latin America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            13.4.6. Rest of Latin America Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        13.5. Latin America Magnetic Sensors Market Attractiveness Analysis

    14. Middle East & Africa Magnetic Sensors Market Analysis and Forecast, 2023-2031

        14.1. Key Findings

        14.2. Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

        14.3. Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        14.4. Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031

            14.4.1. GCC Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            14.4.2. GCC Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            14.4.3. South Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            14.4.4. South Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

            14.4.5. Rest of Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Technology, 2023-2031

            14.4.6. Rest of Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) and Value (US$ Bn) Forecast, by Application, 2023-2031

        14.5. Middle East & Africa Magnetic Sensors Market Attractiveness Analysis

    15. Competition Landscape

        15.1. Global Magnetic Sensors Market Company Share Analysis, 2022

        15.2. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)

            15.2.1. Infineon Technologies AG

                15.2.1.1. Company Revenue

                15.2.1.2. Business Overview

                15.2.1.3. Product Segments

                15.2.1.4. Geographic Footprint

                15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.2. Honeywell International, Inc.

                15.2.2.1. Company Revenue

                15.2.2.2. Business Overview

                15.2.2.3. Product Segments

                15.2.2.4. Geographic Footprint

                15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.3. NXP Semiconductors

                15.2.3.1. Company Revenue

                15.2.3.2. Business Overview

                15.2.3.3. Product Segments

                15.2.3.4. Geographic Footprint

                15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.4. Alps Electric Co., Ltd.

                15.2.4.1. Company Revenue

                15.2.4.2. Business Overview

                15.2.4.3. Product Segments

                15.2.4.4. Geographic Footprint

                15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.5. Asahi Kasei Microdevices Corporation

                15.2.5.1. Company Revenue

                15.2.5.2. Business Overview

                15.2.5.3. Product Segments

                15.2.5.4. Geographic Footprint

                15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.6. Analog Devices, Inc.

                15.2.6.1. Company Revenue

                15.2.6.2. Business Overview

                15.2.6.3. Product Segments

                15.2.6.4. Geographic Footprint

                15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.7. TE Connectivity Corporation

                15.2.7.1. Company Revenue

                15.2.7.2. Business Overview

                15.2.7.3. Product Segments

                15.2.7.4. Geographic Footprint

                15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.8. Elmos Semiconductor AG

                15.2.8.1. Company Revenue

                15.2.8.2. Business Overview

                15.2.8.3. Product Segments

                15.2.8.4. Geographic Footprint

                15.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.9. Magnetic Sensors Corporation

                15.2.9.1. Company Revenue

                15.2.9.2. Business Overview

                15.2.9.3. Product Segments

                15.2.9.4. Geographic Footprint

                15.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

            15.2.10. Allegro Microsystems, Inc.

                15.2.10.1. Company Revenue

                15.2.10.2. Business Overview

                15.2.10.3. Product Segments

                15.2.10.4. Geographic Footprint

                15.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)

                15.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.

    16. Primary Research: Key Insights

    17. Appendix

    List of Tables

    Table 01: Global Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 02: Global Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 03: Global Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 04: Global Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 05: Global Magnetic Sensors Market Volume (Thousand Units) Forecast, by Region, 2023-2031

    Table 06: Global Magnetic Sensors Market Value (US$ Bn) Forecast, by Region, 2023-2031

    Table 07: North America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 08: North America Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 09: North America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 10: North America Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 11: North America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Country, 2023-2031

    Table 12: North America Magnetic Sensors Market Value (US$ Bn) Forecast, by Country, 2023-2031

    Table 13: U.S. Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 14: U.S. Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 15: U.S. Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 16: U.S. Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 17: Canada Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 18: Canada Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 19: Canada Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 20: Canada Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 21: Europe Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 22: Europe Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 23: Europe Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 24: Europe Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 25: Europe Magnetic Sensors Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2023-2031

    Table 26: Europe Magnetic Sensors Market Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

    Table 27: Germany Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 28: Germany Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 29: Germany Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 30: Germany Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 31: France Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 32: France Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 33: France Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 34: France Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 35: U.K. Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 36: U.K. Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 37: U.K. Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 38: U.K. Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 39: Italy Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 40: Italy Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 41: Italy Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 42: Italy Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 43: Spain Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 44: Spain Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 45: Spain Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 46: Spain Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 47: Russia & CIS Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 48: Russia & CIS Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 49: Russia & CIS Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 50: Russia & CIS Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 51: Rest of Europe Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 52: Rest of Europe Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 53: Rest of Europe Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 54: Rest of Europe Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 55: Asia Pacific Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 56: Asia Pacific Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 57: Asia Pacific Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 58: Asia Pacific Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 59: Asia Pacific Magnetic Sensors Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2023-2031

    Table 60: Asia Pacific Magnetic Sensors Market Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

    Table 61: China Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 62: China Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology 2023-2031

    Table 63: China Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 64: China Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 65: Japan Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 66: Japan Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 67: Japan Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 68: Japan Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 69: India Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 70: India Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 71: India Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 72: India Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 73: ASEAN Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 74: ASEAN Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 75: ASEAN Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 76: ASEAN Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 77: Rest of Asia Pacific Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 78: Rest of Asia Pacific Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 79: Rest of Asia Pacific Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 80: Rest of Asia Pacific Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 81: Latin America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 82: Latin America Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 83: Latin America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 84: Latin America Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 85: Latin America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2023-2031

    Table 86: Latin America Magnetic Sensors Market Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

    Table 87: Brazil Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 88: Brazil Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 89: Brazil Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 90: Brazil Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 91: Mexico Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 92: Mexico Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 93: Mexico Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 94: Mexico Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 95: Rest of Latin America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 96: Rest of Latin America Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 97: Rest of Latin America Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 98: Rest of Latin America Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 99: Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 100: Middle East & Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 101: Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 102: Middle East & Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 103: Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2023-2031

    Table 104: Middle East & Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Country and Sub-region, 2023-2031

    Table 105: GCC Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 106: GCC Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 107: GCC Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 108: GCC Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 109: South Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 110: South Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 111: South Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 112: South Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    Table 113: Rest of Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Technology, 2023-2031

    Table 114: Rest of Middle East & Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Technology, 2023-2031

    Table 115: Rest of Middle East & Africa Magnetic Sensors Market Volume (Thousand Units) Forecast, by Application, 2023-2031

    Table 116: Rest of Middle East & Africa Magnetic Sensors Market Value (US$ Bn) Forecast, by Application, 2023-2031

    List of Figures

    Figure 01: Global Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 02: Global Magnetic Sensors Market Attractiveness, by Technology

    Figure 03: Global Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 04: Global Magnetic Sensors Market Attractiveness, by Application

    Figure 05: Global Magnetic Sensors Market Volume Share Analysis, by Region, 2022, 2027, and 2031

    Figure 06: Global Magnetic Sensors Market Attractiveness, by Region

    Figure 07: North America Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 08: North America Magnetic Sensors Market Attractiveness, by Technology

    Figure 09: North America Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 10: North America Magnetic Sensors Market Attractiveness, by Application

    Figure 11: North America Magnetic Sensors Market Volume Share Analysis, by Country, 2022, 2027, and 2031

    Figure 12: North America Magnetic Sensors Market Attractiveness, by Country

    Figure 13: Europe Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 14: Europe Magnetic Sensors Market Attractiveness, by Technology

    Figure 15: Europe Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 16: Europe Magnetic Sensors Market Attractiveness, by Application

    Figure 17: Europe Magnetic Sensors Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 18: Europe Magnetic Sensors Market Attractiveness, by Country and Sub-region

    Figure 19: Asia Pacific Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 20: Asia Pacific Magnetic Sensors Market Attractiveness, by Technology

    Figure 21: Asia Pacific Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 22: Asia Pacific Magnetic Sensors Market Attractiveness, by Application

    Figure 23: Asia Pacific Magnetic Sensors Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 24: Asia Pacific Magnetic Sensors Market Attractiveness, by Country and Sub-region

    Figure 25: Latin America Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 26: Latin America Magnetic Sensors Market Attractiveness, by Technology

    Figure 27: Latin America Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 28: Latin America Magnetic Sensors Market Attractiveness, by Application

    Figure 29: Latin America Magnetic Sensors Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 30: Latin America Magnetic Sensors Market Attractiveness, by Country and Sub-region

    Figure 31: Middle East & Africa Magnetic Sensors Market Volume Share Analysis, by Technology, 2022, 2027, and 2031

    Figure 32: Middle East & Africa Magnetic Sensors Market Attractiveness, by Technology

    Figure 33: Middle East & Africa Magnetic Sensors Market Volume Share Analysis, by Application, 2022, 2027, and 2031

    Figure 34: Middle East & Africa Magnetic Sensors Market Attractiveness, by Application

    Figure 35: Middle East & Africa Magnetic Sensors Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031

    Figure 36: Middle East & Africa Magnetic Sensors Market Attractiveness, by Country and Sub-region

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