China Magnetic Sensor Market Size & Outlook, 2019-2025

The magnetic sensor market in China is expected to reach a projected revenue of US$ 480.6 million by 2025. A compound annual growth rate of 8.7% is expected of China magnetic sensor market from 2020 to 2025.
Revenue, 2019 (US$M)
$290.9
Forecast, 2025 (US$M)
$480.6
CAGR, 2020 - 2025
8.7%
Report Coverage
China

China magnetic sensor market highlights

  • The China magnetic sensor market generated a revenue of USD 290.9 million in 2019 and is expected to reach USD 480.6 million by 2025.
  • The China market is expected to grow at a CAGR of 8.7% from 2020 to 2025.
  • In terms of segment, hall effect was the largest revenue generating technology in 2019.
  • TMR is the most lucrative technology segment registering the fastest growth during the forecast period.

Magnetic sensor market data book summary

Market revenue in 2019USD 290.9 million
Market revenue in 2025USD 480.6 million
Growth rate8.7% (CAGR from 2019 to 2025)
Largest segmentHall effect
Fastest growing segmentTMR
Historical data2014 - 2018
Base year2019
Forecast period2020 - 2025
Quantitative unitsRevenue in USD million
Market segmentationHall effect, AMR, GMR, TMR
Key market players worldwideAsahi Kasei Corp, Elmos Semiconductor SE, Honeywell International Inc, Allegro Microsystems Inc Ordinary Shares, NVE Corp, NXP Semiconductors NV

Other key industry trends

  • In terms of revenue, China accounted for 13.4% of the global magnetic sensor market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2025.
  • In Asia Pacific, China magnetic sensor market is projected to lead the regional market in terms of revenue in 2025.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 396.6 million by 2025.

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Magnetic Sensor Market Scope

Magnetic Sensor Market Companies

Name Profile # Employees HQ Website

China 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 29.29% in 2019. Horizon Databook has segmented the China magnetic sensor market based on hall effect, amr, gmr, tmr covering the revenue growth of each sub-segment from 2014 to 2025.


  • China Magnetic Sensor Technology Outlook (Revenue, USD Million, 2014-2025)
    • Hall effect
    • AMR
    • GMR
    • TMR
    • Others
  • China Magnetic Sensor Application Outlook (Revenue, USD Million, 2014-2025)
    • Automotive
    • Consumer Electronics
    • Industrial
    • Others

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Target buyers of China 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China magnetic sensor market , including forecasts for subscribers. This country databook contains high-level insights into China magnetic sensor market from 2014 to 2025, including revenue numbers, major trends, and company profiles.

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China magnetic sensor market size, by technology, 2014-2025 (US$M)

China Magnetic Sensor Market Outlook Share, 2019 & 2025 (US$M)

China magnetic sensor market size, by technology, 2014-2025 (US$M)

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