Global Magnetic Sensor Market Size & Outlook, 2019-2025
Global magnetic sensor market, 2014-2025 (US$M)
Related Markets
Global magnetic sensor market highlights
- The global magnetic sensor market generated a revenue of USD 2,173.7 million in 2019 and is expected to reach USD 3,221.7 million by 2025.
- The market is expected to grow at a CAGR (2020 - 2025) of 6.8% by 2025.
- In terms of segment, hall effect accounted for a revenue of USD 673.9 million in 2019.
- TMR is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Canada is expected to register the highest CAGR from 2020 to 2025.
Global data book summary
| Market revenue in 2019 | USD 2,173.7 million |
| Market revenue in 2025 | USD 3,221.7 million |
| Growth rate | 6.8% (CAGR from 2019 to 2025) |
| Largest segment | Hall effect |
| Fastest growing segment | TMR |
| Historical data covered | 2014 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hall effect, AMR, GMR, TMR |
Other key industry trends
- In terms of revenue, the North America accounted for 25.6% of the global magnetic sensor market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
- By country, Canada is the fastest growing regional market and is projected to reach USD 110.4 million by 2025.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Magnetic Sensor Market Scope
Magnetic Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global magnetic sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to magnetic sensor market will help companies and investors design strategic landscapes.
Hall effect was the largest segment with a revenue share of 31% in 2019. Horizon Databook has segmented the Global magnetic sensor market based on hall effect, amr, gmr, tmr covering the revenue growth of each sub-segment from 2014 to 2025.
- Global Magnetic Sensor Technology Outlook (Revenue, USD Million, 2014-2025)
- Hall effect
- AMR
- GMR
- TMR
- Others
- Global Magnetic Sensor Application Outlook (Revenue, USD Million, 2014-2025)
- Automotive
- Consumer Electronics
- Industrial
- Others
Reasons to subscribe to Global magnetic sensor market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global magnetic sensor market databook
-
Our clientele includes a mix of magnetic sensor market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global magnetic sensor market , including forecasts for subscribers. This global databook contains high-level insights into Global magnetic sensor market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Global magnetic sensor market size, by regions, 2014-2025 (US$M)
Top 10 countries: Magnetic sensor market size, 2019 (US$M)
Global magnetic sensor market share, by technology, 2019 & 2025 (%, US$M)
Magnetic sensor market: Opportunity assessment by country
Global magnetic sensor market, by region, 2019 (US$M)
| Technology | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 486.4 | 494.7 | 506.2 | 520.8 | 538.2 | 557.5 | 577.9 | 598.6 | 619.2 | 638.9 | 657.3 | 673.7 | 3.2% |
| Europe | 356.4 | 368.3 | 383.1 | 401.1 | 421.9 | 445.4 | 470.7 | 497.6 | 525.8 | 554.8 | 584.3 | 613.7 | 5.5% |
| Asia Pacific | 609.0 | 653.8 | 706.3 | 767.4 | 837.4 | 916.4 | 1,003.7 | 1,099.2 | 1,202.8 | 1,313.7 | 1,431.5 | 1,555.4 | 9.2% |
| Latin America | 120.1 | 126.0 | 133.2 | 141.6 | 151.3 | 162.3 | 174.2 | 187.2 | 201.0 | 215.6 | 230.8 | 246.5 | 7.2% |
| MEA | 71.3 | 74.2 | 77.7 | 81.8 | 86.6 | 92.1 | 98.0 | 104.3 | 111.0 | 117.9 | 125.1 | 132.4 | 6.2% |
| Overall | 1,643.2 | 1,717.0 | 1,806.4 | 1,912.6 | 2,035.5 | 2,173.7 | 2,324.5 | 2,487.0 | 2,659.8 | 2,841.0 | 3,029.0 | 3,221.7 | 6.8% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
