Middle East & Africa Magnetic Sensor Market Size & Outlook

The magnetic sensor market in Middle East & Africa is expected to reach a projected revenue of US$ 132.4 million by 2025. A compound annual growth rate of 6.2% is expected of Middle East & Africa magnetic sensor market from 2020 to 2025.
Revenue, 2019 (US$M)
$92.1
Forecast, 2025 (US$M)
$132.4
CAGR, 2020 - 2025
6.2%
Report Coverage
Middle East & Africa

MEA magnetic sensor market highlights

  • The MEA magnetic sensor market generated a revenue of USD 92.1 million in 2019.
  • The market is expected to grow at a CAGR of 6.2% 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.

MEA data book summary

Market revenue in 2019USD 92.1 million
Market revenue in 2025USD 132.4 million
Growth rate6.2% (CAGR from 2019 to 2025)
Largest segmentHall effect
Fastest growing segmentTMR
Historical data covered2014 - 2018
Base year for estimation2019
Forecast period covered2020 - 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, MEA region accounted for 4.2% of the global magnetic sensor market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2025.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,555.4 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 segmentation & scope
Hall effect
AMR
GMR
TMR
Others
Automotive
Consumer Electronics
Industrial
Others

Magnetic Sensor Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 31.6% in 2019. Horizon Databook has segmented the Middle East & Africa magnetic sensor market based on hall effect, amr, gmr, tmr covering the revenue growth of each sub-segment from 2014 to 2025.


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

Reasons to subscribe to Middle East & Africa 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 Middle East & Africa 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 continent-level data and insights on the Middle East & Africa magnetic sensor market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa magnetic sensor market from 2014 to 2025, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Middle East & Africa magnetic sensor market

Middle East & Africa Magnetic Sensor Market Outlook Share, 2019 & 2025 (US$M)

Middle East & Africa magnetic sensor market

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more