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Magnetic Sensors Market By Technology Segment (Hall Effect, Anisotropic Magneto Resistance, Giant Magneto Resistance, Tunneling Magneto Resistance, Others), By Application (Speed Sensing, Flow Rate Sensing, Detection/NDT, Position Sensing), By End-User (Automotive, Consumer Electronics, Industrial, Healthcare, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Published: | Report ID: 8108 | Report Format : PDF

Market Insights

Increasing Adoption of Magnetic Sensors Globally To Ensure Rapid Growth for Magnetic Sensors Market

Globally, the magnetic sensors market is expected to grow with a CAGR of 7.0% during the forecast period from 2019 to 2027, starting from US$2.2 Bn in 2018.

Magnetic sensors are defined as small-scale system services that are used for the detection of changes in the magnetic field. Increasing adoption of new and advanced technologies in the automotive sector is expected to fuel the market, as magnetic sensors are used for measuring speed detection, proximity switching, positioning, and current sensing applications.

Presently, navigation systems use magnetic sensors for different applications. The increasing utilization of navigation systems in vehicles is also driving the magnetic sensor market. Another factor that is expected to increase the adoption of the magnetic sensor in the near future for autonomous driving. Similarly, these sensors are also having their applications in consumer electronics and other devices due to their property to withstand harsh environments.

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Market Synopsis

Magnetic sensors with Automotive Industry in Its Application Segment Continue Dominating the Market.

In 2018, the overall magnetic sensors market was led by the automotive industry in its application segment, contributing to over 48% of the total revenue generated globally. The continuous development in the automobile sector and the electrification of vehicles are some of the major factors for the growth of the segment. Additionally, the growing focus of vendors on automobile safety is also fueling the growth of the market. Moreover, the gradually declining prices of sensors have supported product demand in the market. Further, based on technology, the Hall Effect segment holds the largest market share due to its ability of proximity sensing, positioning, speed detection, and current sensing applications.

North America Dominates the Market by Region

The magnetic sensors market is led by North America due to the presence of various key players present in the region, such as Analog Devices Inc., Crocus Technology, Allegro MicroSystems, LLC, Honeywell International Inc., and others. Additionally, the presence of various automobile manufacturing companies also fuels the growth of the market in the region. The increasing demand for sensing devices and components in electronic devices, healthcare instruments, and industries is another factor that is contributing to driving the market. The U.S. holds the largest market share in the North American region, followed by Canada and Mexico. However, the Asia-Pacific region is expected to be the fastest-growing market due to the increasing demand for consumer electronics in the region.

Some of the prominent players operating in the magnetic sensors market include Infineon Technologies AG, Analog Devices, Honeywell International Inc., Allegro Microsystems, Inc., Magnetic Sensors Corporation, Alps Electric Co., Ltd, AMS AG, Baumer Ltd., Elmos Semiconductor AG, S.T. Microelectronics, Texas Instruments Inc., NVE Corporation, Sensoronix, Inc., Asahi Kasei Microsystems, Micoronas Semiconductors, Bosh Sensortec, NXP Semiconductors.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The magnetic sensors market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global magnetic sensors market based on technology, application, end-user, and geography. Key segments covered in the report are as follows:

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Research Period  2017-2027

The base Year 2018

Forecast Period  2019-2027

Historical Year  2017

Unit  USD Billion

Segmentation Technology Segment (2017–2027; US$ Bn)

  • Hall Effect
  • Anisotropic Magneto Resistance
  • Giant Magneto Resistance
  • Tunneling Magneto Resistance
  • Others

End-User Segment (2017–2027; US$ Bn)

  • Automotive
  • Consumer Electronics
  • Industrial
  • Healthcare
  • Others

Application (2017–2027; US$ Bn)

  • Speed-sensing
  • Flow rate sensing
  • Detection/NDT
  • Position sensing
  • Navigation and electronic compass

Geography Segment (2017–2027; US$ Bn)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Key questions answered in this report

  • What was the market size of magnetic sensors in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for automotive industry applications?
  • What are the major trends followed in the magnetic sensors market across different regions?
  • Who are the key magnetic sensor companies leading the market?
  • What are the key strategies adopted by the leading magnetic sensors companies in the market?

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global MS Market
2.2 Global MS Market, By Technology Segment, 2018 (US$ Bn)
2.3 Global MS Market, By Application, 2018 (US$ Bn)
2.4 Global MS Market, By End-User, 2018 (US$ Bn)
2.5 Global MS Market, By Geography, 2018 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global MS Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key MS Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Magnetic Sensors (MS) Market Analysis, by Technology Segment, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Hall Effect
4.3 Anisotropic Magneto Resistance
4.4 Giant Magneto Resistance
4.5 Tunneling Magneto Resistance
4.6 Others

Chapter 5 Global Magnetic Sensors (MS) Market Analysis, by Application, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Speed sensing
5.3 Flow rate sensing
5.4 Detection/NDT
5.5 Position sensing

Chapter 6 Global Magnetic Sensors (MS) Market Analysis, by End-User, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Automotive
6.3 Consumer Electronics
6.4 Industrial
6.5 Healthcare
6.6 Others

Chapter 7 North America Magnetic Sensors (MS) Market Analysis, 2017 – 2027 (US$ Bn)
7.1 Overview
7.2 North America MS Market Analysis, By Technology Segment, 2017 – 2027
7.2.1 Market Analysis
7.3 North America MS Market Analysis, By Application, 2017 – 2027
7.3.1 Market Analysis
7.4 North America MS Market Analysis, By End-User, 2017 – 2027
7.4.1 Market Analysis
7.5 North America MS Market Analysis, By Region/Country, 2017 – 2027
7.5.1 U.S.
7.5.1.1 U.S. MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
7.5.1.2 U.S. MS Market Value, By Application, 2017 – 2027 (US$ Bn)
7.5.1.3 U.S. MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
7.5.2 Rest of North America
7.5.2.1 Rest of North AmericaMS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
7.5.2.2 Rest of North AmericaMS Market Value, By Application, 2017 – 2027 (US$ Bn)
7.5.2.3 Rest of North AmericaMS Market Value, By End-User, 2017 – 2027 (US$ Bn)

Chapter 8 Europe Magnetic Sensors (MS) Market Analysis, 2017 – 2027 (US$ Bn)
8.1 Overview
8.2 Europe MS Market Analysis, By Technology Segment, 2017 – 2027
8.2.1 Market Analysis
8.3 Europe MS Market Analysis, By Application, 2017 – 2027
8.3.1 Market Analysis
8.4 Europe MS Market Analysis, By End-User, 2017 – 2027
8.4.1 Market Analysis
8.5 Europe MS Market Analysis, By Region/Country, 2017 – 2027
8.5.1 U.K.
8.5.1.1 U.K. MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
8.5.1.2 U.K.MS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.1.3 U.K.MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
8.5.2.2 GermanyMS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.2.3 GermanyMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
8.5.3 France
8.5.3.1 France MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
8.5.3.2 FranceMS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.3.3 FranceMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
8.5.4.2 Rest of EuropeMS Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.4.3 Rest of EuropeMS Market Value, By End-User, 2017 – 2027 (US$ Bn)

Chapter 9 Asia Pacific Magnetic Sensors (MS) Market Analysis, 2017 – 2027 (US$ Bn)
9.1 Overview
9.2 Asia Pacific MS Market Analysis, By Technology Segment, 2017 – 2027
9.2.1 Market Analysis
9.3 Asia Pacific MS Market Analysis, By Application, 2017 – 2027
9.3.1 Market Analysis
9.4 Asia Pacific MS Market Analysis, By End-User, 2017 – 2027
9.4.1 Market Analysis
9.5 Asia Pacific MS Market Analysis, By Region/Country, 2017 – 2027
9.5.1 China
9.5.1.1 China MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
9.5.1.2 ChinaMS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.1.3 ChinaMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
9.5.2.2 JapanMS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.2.3 JapanMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
9.5.3 India
9.5.3.1 India MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
9.5.3.2 IndiaMS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.3.3 IndiaMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
9.5.4.2 Rest of Asia PacificMS Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.4.3 Rest of Asia PacificMS Market Value, By End-User, 2017 – 2027 (US$ Bn)

Chapter 10 Rest of the World (RoW) Magnetic Sensors (MS) Market Analysis, 2017 – 2027 (US$ Bn)
10.1 Overview
10.2 RoWMS Market Analysis, By Technology Segment, 2017 – 2027
10.2.1 Market Analysis
10.3 RoWMS Market Analysis, By Application, 2017 – 2027
10.3.1 Market Analysis
10.4 RoWMS Market Analysis, By End-User, 2017 – 2027
10.4.1 Market Analysis
10.5 RoWMS Market Analysis, By Region/Country, 2017 – 2027
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
10.5.1.2 MEAMS Market Value, By Application, 2017 – 2027 (US$ Bn)
10.5.1.3 MEAMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
10.5.2.2 Latin AmericaMS Market Value, By Application, 2017 – 2027 (US$ Bn)
10.5.2.3 Latin AmericaMS Market Value, By End-User, 2017 – 2027 (US$ Bn)

Chapter 11 Company Profiles
11.1 Infineon Technologies AG
11.2 Analog Devices
11.3 Honeywell International Inc.
11.4 Allegro Microsystems, Inc.
11.5 MS Corporation
11.6 Alps Electric Co., Ltd
11.7 AMS AG
11.8 Baumer Ltd.
11.9 Elmos Semiconductor AG
11.10 ST Microelectronics
11.11 Texas Instruments Inc.
11.12 NVE Corporation
11.13 Sensoronix, Inc.
11.14 Asahi Kasei Microsystems
11.15 Micoronas Semiconductors
11.16 Bosh Sensortec

List of Figures

FIG. 1 Global Magnetic Sensors (MS): Market Segmentation
FIG. 2 Global MS Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global MS Market, By Technology Segment, 2018 (US$ Bn)
FIG. 5 Global MS Market, By Application, 2018 (US$ Bn)
FIG. 6 Global MS Market, By End-User, 2018 (US$ Bn)
FIG. 7 Global MS Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global MS Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Market Positioning of Key MSVendors, 2018
FIG. 11 Global MS Market Value Contribution, By Technology Segment, 2018 & 2027 (%)
FIG. 12 Global MS Hall Effect Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global MS Anisotropic Magneto Resistance Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global MS Giant Magneto Resistance Market Value, 2017 – 2027, (US$ Bn)
FIG. 15 Global MS Tunneling Magneto Resistance Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 Global MS Others Market Value, 2017 – 2027, (US$ Bn)
FIG. 17 Global MS Market Value Contribution, By Application, 2018 & 2027 (%)
FIG. 18 Global MS Speed sensing Market Value, 2017 – 2027, (US$ Bn)
FIG. 19 Global MS Flow Rate Sensing Market Value, 2017 – 2027, (US$ Bn)
FIG. 20 Global MS Detection/NDT Market Value, 2017 – 2027, (US$ Bn)
FIG. 21 Global MS Position sensing Market Value, 2017 – 2027, (US$ Bn)
FIG. 22 Global MS Market Value Contribution, By End-User, 2018 & 2027 (%)
FIG. 23 Global MS Market Value from Automotive, 2017 – 2027(US$ Bn)
FIG. 24 Global MS Market Value from Consumer Electronics, 2017 – 2027(US$ Bn)
FIG. 25 Global MS Market Value from Industrial, 2017 – 2027 (US$ Bn)
FIG. 26 Global MS Market Value from Healthcare, 2017 – 2027 (US$ Bn)
FIG. 27 Global MS Market Value from Others, 2017 – 2027 (US$ Bn)
FIG. 28 North America MS Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 Europe MS Market Value, 2017 – 2027, (US$ Bn)
FIG. 30 Asia Pacific MS Market Value, 2017 – 2027, (US$ Bn)
FIG. 31 RoWMS Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Magnetic Sensors (MS) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America MS Market Value, By Technology Segment, 2017 – 2027(US$ Bn)
TABLE 5 North America MS Market Value, By Application, 2017 – 2027(US$ Bn)
TABLE 6 North America MS Market Value, By End-User, 2017 – 2027(US$ Bn)
TABLE 7 North America MS Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 8 U.S. MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 11 Rest of North AmericaMS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North AmericaMS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North AmericaMS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 14 Europe MS Market Value, By Technology Segment, 2017 – 2027(US$ Bn)
TABLE 15 Europe MS Market Value, By Application, 2017 – 2027(US$ Bn)
TABLE 16 Europe MS Market Value, By End-User, 2017 – 2027(US$ Bn)
TABLE 17 Europe MS Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 18 U.K. MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 21 Germany MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 22 Germany MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 23 Germany MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 24 France MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 25 France MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 26 France MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 27 Rest of Europe MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 30 Asia Pacific MS Market Value, By Technology Segment, 2017 – 2027(US$ Bn)
TABLE 31 Asia Pacific MS Market Value, By Application, 2017 – 2027(US$ Bn)
TABLE 32 Asia Pacific MS Market Value, By End-User, 2017 – 2027(US$ Bn)
TABLE 33 Asia Pacific MS Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 34 China MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 35 China MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 36 China MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 37 Japan MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 38 Japan MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 39 Japan MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 40 India MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 41 India MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 42 India MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 43 Rest of Asia Pacific MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacific MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 46 RoW MS Market Value, By Technology Segment, 2017 – 2027(US$ Bn)
TABLE 47 RoW MS Market Value, By Application, 2017 – 2027(US$ Bn)
TABLE 48 RoW MS Market Value, By End-User, 2017 – 2027(US$ Bn)
TABLE 49 RoW MS Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 50 MEA MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 51 MEA MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 52 MEA MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America MS Market Value, By Technology Segment, 2017 – 2027 (US$ Bn)
TABLE 54 Latin America MS Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 55 Latin America MS Market Value, By End-User, 2017 – 2027 (US$ Bn)
TABLE 56 Infineon Technologies AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 57 Analog Devices: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 58 Honeywell International Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 59 Allegro Microsystems, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 60 MS Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 61 Alps Electric Co., Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 62 AMS AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 63 Baumer Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 64 Elmos Semiconductor AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 65 ST Microelectronics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 66 Texas Instruments Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 67 NVE Corporation.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio,Recent Developments)
TABLE 68 Sensoronix, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 69 Asahi Kasei Microsystems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 70 Micoronas Semiconductors.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 71 Bosh Sensortec.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Question

What is the size of Magnetic Sensors Market?

The market for Magnetic Sensors Market is expected to reach USD$ 2.2 Bn in 2027.

What is the Magnetic Sensors Market CAGR?

The Magnetic Sensors Market is expected to see significant CAGR growth over the coming years, at 7.0%.

What is the Forecast period considered for Magnetic Sensors Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Magnetic Sensors Market?

The base year of this report is 2018.

Who are the major players in this market?

Analog Devices, Honeywell International Inc., Allegro Microsystems, Inc., Magnetic Sensors Corporation, Alps Electric Co., Ltd, AMS AG, Baumer Ltd., Elmos Semiconductor AG, S.T. Microelectronics, Texas Instruments Inc. are some of the major players in the global market.

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