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Magnetic Sensors Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2014 To 2020
Industry Insight
Magnetic sensors are majorly used in security purposes. These sensors include contacts and
switches. Based on the magnetic field, magnetic sensors identify the location of an object. This
magnetic field is made up by a permanent magnet or by the magnet outfitted in the sensors.
Depending upon the sensor the output can be either digital or analog. Magnetic sensors are fitted
to windows, doors and other access points where they are not visible to humans.
Increasing need for sensing performance and better performance is expected to drive the market
over the forecast period. Magnetic field sensors are expanded widely due to its usage in various
industrial applications such as; they can identify direction, presence and strength of magnetic
field not only on earth and also from permanent magnets, magnetized soft magnets, field
produced from electric current, brain wave activity and vehicle disturbances.
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Increasing usage of sensors in industrial control and navigation systems is estimated to drive the
market over the forecasted period. Rising demand in gaming consoles and growing popularity of
electric compass is anticipated to provide positive avenues to market growth over the next five
years. Growing demand for computer accessories and computers is estimated to boost the market
growth. Numerous benefits of magnetic sensors such as low maintenance and implementation
cost and high performance are projected to advance their demand on a large degree.
Need for magnetic sensors have been growing continuously over past few years and this market
is estimated to nurture rapidly. Inconsistent magnetic field strength and Unavailability of strong
aftermarket may pose challenge for the market growth. Technological advancements of hybrid
sensors and usage of sensors in hybrid and electric vehicles are the major opportunities for
growth of this market.
Application Insights
Increasing demand for magnetic sensors is estimated due to its broad usage in various application
areas. Applications of magnetic sensors include direction or navigation, consumer electronics,
automotive, medical applications, industrial applications and others. Automobile industry has
been the major consumer market for magnetic sensors, accounting for leading market share.
Main applications of magnetic sensors in the automobile industry include anti-lock braking
system (ABS) and engine control management systems.
Applications of magnetic sensors in consumer electronics include computer accessories,
computers and others computing segments. Typical applications of magnetic sensors include
cameras, hard disk drives, printers, DVD players, video cassette players, cell phones and
washing machines. Other application areas such as defense and healthcare have been estimated
to gain the market share
Regional Insights
Developed markets such as UK, United States, Japan and Korea is expected to be the key
regional markets owing to their technology advancements in automotive markets and consumer
electronics due to strong supplier system, presence of large semiconductor firms and sensor
manufacturers.
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The size of region, affluence and competitiveness of its customers is estimated to boost.
Increasing demand for magnetic sensors in developing countries such as china and India is
projected to boost on a large range owing to growing demand for automobiles and consumer
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electronics investments in healthcare facilities, growing need for computer peripherals and
computers and in industrial use is expected to drive the market in in Asia Pacific region.
Competitive Insights
Increased need for magnetic sensors and technology advancements has attracted new players in
magnetic sensor market. The key players in magnetic sensor market include Robert Bosch
GMBH, Asahi Kasei Microsystems, NXPSemiconductors, NVE Corporation, Allegro
Microsystems Inc., Alps Electrics Co. Ltd., Micronas Semiconductor, Denso Corporation,
Austriamicrosystems AG, Memsic Corporation, Elmos Semiconductor AG, Melexis
Semiconductor Inc., Microelectronic Systems, Freescale Magnetic Sensors Corp., Infineon
Technologies AG and Honeywell International Inc. among others.
Table of Contents
Chapter 1 Executive Summary
1.1 Magnetic Sensors- Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Magnetic Sensors Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Magnetic Sensors Value Chain Analysis
2.4 Magnetic Sensors Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Magnetic sensors - Company Market Share Analysis, 2013
2.8 Magnetic sensors - PESTEL Analysis
Chapter 3 Magnetic Sensors Application Outlook
3.1 Automotive
3.2 Consumer Electronics
3.3 Industrial
3.4 Medical
3.5 Others
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Chapter 4 Magnetic Sensors Regional Outlook
4.1 North America
4.2 Europe
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4.3 Asia Pacific
4.4 RoW
Chapter 5 Competitive Landscape
5.1 Allegro Microsystems Inc.
5.2 Alps Electrics Co. Ltd
5.3 Asahi Kasei Microsystems
5.4 Austriamicrosystems AG
5.5 Denso Corporation
5.6 Elmos Semiconductor AG
5.7 Freescale Semiconductor Inc.
5.8 Honeywell International Inc.
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources
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