On-Board Magnetic Sensor Market: Detailed analysis and growth trends

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Stratview Research publishes a new report titled On-Board Magnetic Sensor Market which is segmented By Type (Hall Effect Sensors, Magnetoresistive Sensors, SQUID Sensors, Others), By End Use (Automotive, Consumer Electronics, Healthcare, Aerospace Defense, Industrial, Others), and Region.

Market Insights

The Global On-Board Magnetic Sensor Market is estimated to grow from USD 1.66 billion in 2021 to USD 2.96 billion by 2028 at a healthy CAGR of 8.54% during the forecast period of 2022-2028. The On-Board Magnetic Sensor market is mainly driven by surging demand for the use of electronic consumer goods across the globe. Moreover, technology developments tend to surge the demand for innovations in the internet of things (IoT) and rising activities in the automotive bolster the market growth. In addition to this, growing adoption of the magnetic sensors in the navigation sector due to its capabilities of position detection, proximity switching, and others further augments the industry growth during the review period.

Global On-Board Magnetic Sensor Market Report Segments:

The On-Board Magnetic Sensor Market is segmented into the following categories:

  • Type (Hall Effect Sensors, Magnetoresistive Sensors, SQUID Sensors, Others)
  • End Use (Automotive, Consumer Electronics, Healthcare, Aerospace Defense, Industrial, Others)
  • Region (North America, Europe, Asia-pacific, Middle East Africa, South America)

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

  • Market Overview
  • Key Manufacturers Profiles
  • Market Analysis by Region
  • Market Segment by Type
  • Market Segment by Application
  • Raw Material and Supply Chain
  • Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

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Key players active in the market –

The following are some of the key players in the On-Board Magnetic Sensor Market:

  • Asahi Kasei Microdevices Corporation (Japan)
  • Austria Mikro Systeme (Austria)
  • HONEYWELL INTERNATIONAL INC. (US)
  • Infineon Technologies AG (Germany)
  • Kohshin Electric (Japan)
  • Melexis NV (Belgium)
  • Murata Manufacturing Co., Ltd. (Japan)
  • Sensitec GmbH (Germany)
  • TE Connectivity (Switzerland)
  • Austria Mikro Systeme (AMS) AG (Austria)

Customization of the report –

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Devesh Guwal

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