1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION AND SCOPE 27
FIGURE 1 MAGNETIC SENSOR INDIRECTLY MEASURING PHYSICAL PARAMETERS 28
1.2.1 INCLUSIONS AND EXCLUSIONS 29
1.3 STUDY SCOPE 30
FIGURE 2 MAGNETIC SENSOR MARKET SEGMENTATION 30
1.3.1 YEARS CONSIDERED 31
1.4 CURRENCY 31
1.5 LIMITATIONS 31
1.6 MARKET STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 32

2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 3 MAGNETIC SENSOR MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 List of key secondary sources 34
2.1.1.2 Secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Primary sources 35
2.1.2.2 Key industry insights 36
2.1.2.3 Breakdown of primaries 36
2.2 FACTOR ANALYSIS 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM SALES OF MAGNETIC SENSORS 37
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): ILLUSTRATIVE EXAMPLE OF COMPANY OPERATING IN MAGNETIC SENSOR MARKET 38
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 - BOTTOM-UP APPROACH FOR ESTIMATION OF SIZE OF MAGNETIC SENSOR MARKET BASED ON END USER 39
2.3 MARKET SIZE ESTIMATION 39
2.3.1 BOTTOM-UP APPROACH 39
2.3.1.1 Approach for capturing market size using bottom-up analysis (demand side) 40
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 40
2.3.2 TOP-DOWN APPROACH 40
2.3.2.1 Approach for capturing market share using top-down analysis
(supply side) 41
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 42
FIGURE 9 DATA TRIANGULATION 42
2.5 RESEARCH ASSUMPTIONS 43

3 EXECUTIVE SUMMARY 44
FIGURE 10 MAGNETORESISTIVE SENSORS TO REGISTER HIGHEST CAGR FROM

2020 TO 2025 45
FIGURE 11 >10 GAUSS SEGMENT TO CONTINUE TO LEAD MAGNETIC SENSOR MARKET FROM 2020 TO 2025 46
FIGURE 12 SPEED SENSING SEGMENT OF MAGNETIC SENSOR MARKET TO WITNESS HIGHEST GROWTH FROM 2020 TO 2025 47
FIGURE 13 CONSUMER ELECTRONICS TO EXHIBIT HIGHEST CAGR IN MAGNETIC SENSOR MARKET FROM 2020 TO 2025 48
FIGURE 14 APAC LIKELY TO ACCOUNT FOR LARGEST SHARE OF MAGNETIC SENSOR MARKET IN 2025 49

4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN MAGNETIC SENSOR MARKET 50
FIGURE 15 INCREASING DEMAND FOR SMARTPHONES, PERSONAL COMPUTERS, LAPTOPS, AND TABLETS TO FUEL DEMAND FOR MAGNETIC SENSORS IN COMING YEARS 50
4.2 MAGNETIC SENSOR MARKET, BY REGION 50
FIGURE 16 APAC TO CAPTURE LARGEST SHARE OF GLOBAL MAGNETIC SENSOR MARKET IN 2025 50
4.3 MAGNETIC SENSOR MARKET, BY COUNTRY 51
FIGURE 17 MAGNETIC SENSOR MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 51
4.4 MAGNETIC SENSOR MARKET, BY RANGE AND END-USER INDUSTRY 51
FIGURE 18 > 10 GAUSS AND TRANSPORTATION SEGMENTS TO ACCOUNT FOR LARGEST SHARE OF MAGNETIC SENSOR MARKET IN 2025 51

5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 19 MAGNETIC SENSOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 52
5.2.1 DRIVERS 53
5.2.1.1 Intensifying focus of manufacturers toward producing 3D magnetic sensors 53
5.2.1.2 Increasing investments in magnetic sensor ecosystem 53
5.2.1.3 Unceasing growth of consumer electronics industry 54
FIGURE 20 MAGNETIC SENSOR MARKET: DRIVERS AND THEIR IMPACTS 54
5.2.2 RESTRAINTS 55
5.2.2.1 Intense pricing pressure 55
FIGURE 21 MAGNETIC SENSOR MARKET: RESTRAINTS AND THEIR IMPACTS 55
5.2.3 OPPORTUNITIES 55
5.2.3.1 Increasing adoption of magnetic sensors in healthcare applications 55
5.2.3.2 Increasing manufacturing of hybrid and electric cars 56
FIGURE 22 PROJECTED INCREASE IN SALES FROM 2019 TO 2040 57
FIGURE 23 MAGNETIC SENSOR MARKET: OPPORTUNITIES AND THEIR IMPACTS 57
5.2.4 CHALLENGES 58
5.2.4.1 Need for high product differentiation and innovation to meet unique end-use requirements 58
5.2.5 COVID-19-DRIVEN CHALLENGES 58
5.2.5.1 Anticipated shortage of raw material for manufacturing of sensors and supply chain disruption due to COVID-19 58
FIGURE 24 MAGNETIC SENSOR MARKET: CHALLENGES AND THEIR IMPACTS 59
5.3 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MAGNETIC SENSOR MARKET 59
FIGURE 25 REVENUE SHIFT IN MAGNETIC SENSOR MARKET 60
5.4 MAGNETIC SENSOR ECOSYSTEM 60
FIGURE 26 MAGNETIC SENSOR ECOSYSTEM 60
5.5 AVERAGE SELLING PRICE ANALYSIS 61
TABLE 1 AVERAGE SELLING PRICE OF MAGNETIC SENSORS FROM 2018 TO 2019 61
5.6 VALUE CHAIN ANALYSIS 61
FIGURE 27 MAGNETIC SENSOR VALUE CHAIN 62
5.7 TECHNOLOGY TRENDS 63
5.7.1 KEY TECHNOLOGIES 63
5.7.1.1 MEMS technology 63
5.7.2 COMPLEMENTARY TECHNOLOGIES 63
5.7.2.1 3D magnetic sensing technology 63
5.7.3 ADJACENT TECHNOLOGIES 63
5.7.3.1 CMOS technology 63
5.7.3.2 CCD technology 64
5.8 CASE STUDIES 64
5.8.1 TMR CURRENT SENSORS OFFERED BY TDK CORPORATION FOR BATTERY MONITORING 64
5.8.2 MAGNETOINDUCTIVE SENSORS OFFERED BY MICRO-EPSILON FOR CATRA (UK) HELPED CATRA IN QUALITY CONTROL 64

6 IMPACT OF COVID-19 ON MAGNETIC SENSOR MARKET 65
FIGURE 28 GLOBAL PROPAGATION OF COVID-19 65
FIGURE 29 PROPAGATION OF COVID-19 IN SELECTED COUNTRIES 66
FIGURE 30 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET 66
FIGURE 31 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET,
BY TYPE 67
FIGURE 32 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET,
BY RANGE 68
FIGURE 33 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET,
BY APPLICATION 69
FIGURE 34 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET,
BY END-USER INDUSTRY 69
FIGURE 35 PRE-AND POST-COVID-19 SCENARIO OF MAGNETIC SENSOR MARKET,
BY REGION 70

7 MAGNETIC SENSOR MARKET, BY TYPE 71
7.1 INTRODUCTION 72
FIGURE 36 MAGNETIC SENSOR MARKET, BY TYPE 72
FIGURE 37 MAGNETORESISTIVE SENSORS TO REGISTER HIGHEST CAGR IN MAGNETIC SENSOR MARKET DURING FORECAST PERIOD 73
TABLE 2 MAGNETIC SENSOR MARKET, BY TYPE, 2017-2025 (USD MILLION) 73
TABLE 3 MAGNETIC SENSOR MARKET, BY TYPE, 2017-2025 (MILLION UNITS) 74
7.2 HALL EFFECT SENSORS 74
7.2.1 HALL ICS 74
7.2.1.1 Hall ICs held larger share of magnetic sensor market in 2019 74
7.2.2 HALL ELEMENTS 75
7.2.2.1 Increasing demand for reliable and highly accurate Hall elements to fuel magnetic sensor market growth 75
TABLE 4 MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY SUBTYPE,
2017-2025 (USD MILLION) 75
TABLE 5 MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY SUBTYPE,
2017-2025 (MILLION UNITS) 75
TABLE 6 MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY END-USER INDUSTRY, 2017-2025 (USD MILLION) 76
TABLE 7 MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY REGION,
2017-2025 (USD MILLION) 76
TABLE 8 TRANSPORTATION MARKET FOR HALL EFFECT MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD MILLION) 77
TABLE 9 CONSUMER ELECTRONICS MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 77
TABLE 10 HEALTHCARE MARKET FOR HALL EFFECT MAGNETIC SENSOR, BY REGION, 2017-2025 (USD MILLION) 78
FIGURE 38 AEROSPACE AND DEFENSE MARKET FOR HALL EFFECT MAGNETIC SENSORS IN APAC IS PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 78
TABLE 11 AEROSPACE & DEFENSE MARKET FOR HALL EFFECT MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD MILLION) 79
TABLE 12 INDUSTRIAL MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 79
TABLE 13 OTHERS MARKET FOR HALL EFFECT MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 80
7.3 MAGNETORESISTIVE SENSORS 80
TABLE 14 BENEFITS AND APPLICATIONS OF MAGNETORESISTIVE SENSORS 80
7.3.1 ANISOTROPIC MAGNETORESISTIVE (AMR) SENSORS 81
7.3.1.1 AMR held largest share of magnetic sensor market in 2019 81
7.3.2 GIANT MAGNETORESISTIVE (GMR) SENSORS 81
7.3.2.1 Use of GMR sensors for measuring magnetic field strength over a wide range of field 81
7.3.3 TUNNEL MAGNETORESISTIVE (TMR) SENSORS 82
7.3.3.1 Technological advancement in automotive, industrial, and consumer electronics industry increases demand for TMR sensors 82
TABLE 15 MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY SUBTYPE, 2017-2025 (USD MILLION) 82
TABLE 16 MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY SUBTYPE, 2017-2025 (MILLION UNITS) 83
FIGURE 39 MAGNETORESISTIVE MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 83
TABLE 17 MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY END-USER INDUSTRY, 2017-2025 (USD MILLION) 83
TABLE 18 MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY REGION,
2017-2025 (USD MILLION) 84
TABLE 19 TRANSPORTATION MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 84
TABLE 20 CONSUMER ELECTRONICS MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 85
TABLE 21 HEALTHCARE MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD MILLION) 85
TABLE 22 AEROSPACE & DEFENSE MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 86
TABLE 23 INDUSTRIAL MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD MILLION) 86
TABLE 24 BFSI MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD MILLION) 86
TABLE 25 OTHERS MARKET FOR MAGNETORESISTIVE MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD MILLION) 87
7.4 SQUID SENSORS 87
7.4.1 HIGH-TEMPERATURE SQUID 87
7.4.1.1 Use of high-temperature SQUID sensors for measuring small magnetic fields fuels growth of magnetic sensor market 87
7.4.2 LOW-TEMPERATURE SQUID 87
7.4.2.1 Rise in adoption of low-temperature SQUID for detecting neurological problems propel magnetic sensor market growth 87
TABLE 26 MARKET FOR SQUID MAGNETIC SENSORS, BY SUBTYPE,
2017-2025 (USD MILLION) 88
FIGURE 40 SQUID MAGNETIC SENSOR MARKET FOR HEALTHCARE TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 88
TABLE 27 MARKET FOR SQUID MAGNETIC SENSORS, BY END-USER INDUSTRY,
2017-2025 (USD THOUSAND) 88
TABLE 28 MARKET FOR SQUID MAGNETIC SENSORS, BY REGION,
2017-2025 (USD THOUSAND) 89
TABLE 29 HEALTHCARE MARKET FOR SQUID MAGNETIC SENSORS, BY REGION,
2017-2025 (USD THOUSAND) 89
TABLE 30 AEROSPACE & DEFENSE MARKET FOR SQUID MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD THOUSAND) 89
TABLE 31 OTHERS MARKET FOR SQUID MAGNETIC SENSORS, BY REGION,
2017-2025 (USD THOUSAND) 90
7.5 FLUXGATE SENSORS 90
7.5.1 HIGH MEASUREMENT ACCURACY ATTRIBUTE OF FLUXGATE SENSORS MAKE THEM IDEAL FOR CONSUMER ELECTRONICS, INDUSTRIAL, AND MEDICAL EQUIPMENT APPLICATIONS 90
TABLE 32 MARKET FOR FLUXGATE MAGNETIC SENSORS, BY END-USER INDUSTRY, 2017-2025 (USD THOUSAND) 91
TABLE 33 MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION,
2017-2025 (USD MILLION) 91
TABLE 34 TRANSPORTATION MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD THOUSAND) 91
TABLE 35 CONSUMER ELECTRONICS MARKET FOR FLUXGATE MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD THOUSAND) 92
TABLE 36 HEALTHCARE MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD THOUSAND) 92
FIGURE 41 FLUXGATE MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 92
TABLE 37 AEROSPACE & DEFENSE MARKET FOR FLUXGATE MAGNETIC SENSORS,
BY REGION, 2017-2025 (USD THOUSAND) 93
TABLE 38 INDUSTRIAL MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION, 2017-2025 (USD THOUSAND) 93
TABLE 39 BFSI MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION,
2017-2025 (USD THOUSAND) 94
TABLE 40 OTHERS MARKET FOR FLUXGATE MAGNETIC SENSORS, BY REGION,
2017-2025 (USD THOUSAND) 94
7.6 OTHERS 94
7.6.1 OPTICALLY PUMPED 94
7.6.1.1 Advancement in atomic physics has led to development of optically pumped sensors 94
7.6.2 MAGNETODIODE 95
7.6.2.1 Deployment of magnetodiode sensors in photonics applications 95
7.6.3 MAGNETO-OPTICAL 95
7.6.3.1 Major deployment of magneto-optical sensors for direct field and vertical visualization of magnetic fields 95
7.6.4 MAGNETOINDUCTIVE 95
7.6.4.1 Magnetoinductive sensors are alternative to inductive and proximity sensors 95
7.6.5 SEARCH COIL 96
7.6.5.1 Search coil sensors are helpful in measuring variations in magnetic flux 96
7.6.6 OVERHAUSER 96
7.6.6.1 Implementation of Overhauser sensors for scientific, space, and engineering applications to fuel market growth 96
7.6.7 REED 96
7.6.7.1 Rising use of reed sensor due to no maintenance requirement propel magnetic sensor market growth 96
TABLE 41 MARKET FOR OTHER MAGNETIC SENSORS, BY END-USER INDUSTRY,
2017-2025 (USD THOUSAND) 97
TABLE 42 MARKET FOR OTHERS, BY REGION, 2017-2025 (USD MILLION) 97
TABLE 43 TRANSPORTATION MARKET FOR OTHERS, BY REGION,
2017-2025 (USD THOUSAND) 97
TABLE 44 CONSUMER ELECTRONICS MARKET FOR OTHERS, BY REGION,
2017-2025 (USD THOUSAND) 98
TABLE 45 HEALTHCARE MARKET FOR OTHERS, BY REGION,
2017-2025 (USD THOUSAND) 98
TABLE 46 AEROSPACE & DEFENSE MARKET FOR OTHERS, BY REGION,
2017-2025 (USD THOUSAND) 98
TABLE 47 INDUSTRIAL MARKET FOR OTHERS, BY REGION,
2017-2025 (USD THOUSAND) 99
TABLE 48 BFSI MARKET FOR OTHERS, BY REGION, 2017-2025 (USD THOUSAND) 99
TABLE 49 OTHERS MARKET FOR OTHERS, BY REGION, 2017-2025 (USD MILLION) 99

8 MAGNETIC SENSOR MARKET, BY RANGE 100
8.1 INTRODUCTION 101
FIGURE 42 MAGNETIC SENSOR MARKET, BY RANGE 101
FIGURE 43 MARKET FOR >10 GAUSS TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 101
TABLE 50 MAGNETIC SENSOR MARKET, BY RANGE, 2017-2025 (USD MILLION) 102
FIGURE 44 VARIOUS MAGNETIC SENSORS AND THEIR DETECTABLE FIELD RANGE 103
8.2 <1 MICROGAUSS (LOW-FIELD SENSORS) 103
8.2.1 INCREASING ADOPTION OF LOW-FIELD SENSORS FOR MILITARY SURVEILLANCE AND MEDICAL APPLICATION TO BOOST MAGNETIC SENSOR MARKET GROWTH 103
8.3 1 MICROGAUSS-10 GAUSS (EARTH FIELD SENSORS) 104
8.3.1 EARTH FIELD SENSORS HELD SECOND-LARGEST SHARE OF MAGNETIC SENSOR MARKET IN 2019 104
8.4 >10 GAUSS (BIAS MAGNETIC FIELD SENSORS) 105
8.4.1 INCREASE IN DRIVERLESS CARS PROJECTED TO SPUR MAGNETIC SENSOR MARKET GROWTH 105

9 MAGNETIC SENSOR MARKET, BY APPLICATION 106
9.1 INTRODUCTION 107
FIGURE 45 MAGNETIC SENSOR MARKET, BY APPLICATION 107
FIGURE 46 SNAPSHOT OF MAGNETIC SENSOR TYPES WITH THEIR RANGES AND APPLICATIONS 108
FIGURE 47 SPEED SENSING APPLICATION OF MAGNETIC SENSORS TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 108
TABLE 51 MAGNETIC SENSOR MARKET, BY APPLICATION, 2017-2025 (USD MILLION) 109
9.2 POSITION SENSING 110
9.2.1 RISING DEMAND FOR 3D POSITION SENSORS FROM AUTOMOTIVE AND CONSUMER ELECTRONICS INDUSTRIES TO PROPEL MARKET GROWTH 110
9.3 SPEED SENSING 111
9.3.1 RISING DEMAND FOR AUTONOMOUS VEHICLES TO FUEL DEMAND FOR MAGNETIC SPEED SENSORS 111
9.4 NAVIGATION AND ELECTRONIC COMPASS 111
9.4.1 INCREASING DEMAND FOR MAGNETIC SENSORS FROM CONSUMER ELECTRONICS INDUSTRY TO DRIVE MARKET GROWTH 111
9.5 FLOW RATE SENSING 112
9.5.1 INDUSTRIAL DEMAND FOR HIGH ACCURATE FLOW SENSING TO DRIVE MAGNETIC SENSOR MARKET GROWTH 112
9.6 PROXIMITY DETECTION/NON-DESTRUCTIVE TESTING 113
9.6.1 NEED FOR QUALITY INSPECTION OF AIRCRAFT, CARS, AND OTHER AUTOMOTIVE FUEL MARKET GROWTH 113
9.7 OTHERS 113

10 MAGNETIC SENSOR MARKET, BY END-USER INDUSTRY 114
10.1 INTRODUCTION 115
FIGURE 48 MAGNETIC SENSOR MARKET, BY END-USER INDUSTRY 115
FIGURE 49 CONSUMER ELECTRONICS TO REGISTER HIGHEST CAGR IN MAGNETIC SENSOR MARKET DURING FORECAST PERIOD 116
TABLE 52 MAGNETIC SENSOR MARKET, BY END-USER INDUSTRY,
2017-2025 (USD MILLION) 116
10.2 TRANSPORTATION 117
10.2.1 AUTOMOTIVE 117
10.2.1.1 Increase in deployment of navigation systems in vehicles to fuel growth of magnetic sensors market 117
10.2.2 RAILWAY 117
10.2.2.1 Modernization of rail networks expected to propel market growth 117
10.2.3 MARINE 118
10.2.3.1 Use of magnetic sensors for surveillance application in marine industry to spur market growth 118
TABLE 53 MAGNETIC SENSOR MARKET FOR TRANSPORTATION, BY SUBTYPE,
2017-2025 (USD MILLION) 118
TABLE 54 MAGNETIC SENSOR MARKET FOR TRANSPORTATION, BY TYPE,
2017-2025 (USD MILLION) 118
TABLE 55 MAGNETIC SENSOR MARKET FOR TRANSPORTATION, BY REGION,
2017-2025 (USD MILLION) 119
TABLE 56 MAGNETIC SENSOR MARKET FOR TRANSPORTATION IN NORTH AMERICA,
BY COUNTRY, 2017-2025 (USD MILLION) 119
TABLE 57 MAGNETIC SENSOR MARKET FOR TRANSPORTATION IN EUROPE,
BY COUNTRY, 2017-2025 (USD MILLION) 120
TABLE 58 MAGNETIC SENSOR MARKET FOR TRANSPORTATION IN APAC, BY COUNTRY, 2017-2025 (USD MILLION) 120
TABLE 59 MAGNETIC SENSOR MARKET FOR TRANSPORTATION IN ROW, BY REGION, 2017-2025 (USD MILLION) 121
10.3 CONSUMER ELECTRONICS 121
10.3.1 CONSUMER APPLIANCES 121
10.3.1.1 Widespread deployment of Hall effect and reed sensors in high-tech consumer appliances 121
10.3.2 SMARTPHONES 122
10.3.2.1 Use of micro-sized magnetic sensors in smartphones for space reduction 122
10.3.3 WEARABLES 122
10.3.3.1 Heightened use of magnetic sensors in fitbits and smart watches 122
10.3.4 GAMING CONSOLES 122
10.3.4.1 Use of magnetic sensors for motion and position sensing 122
10.3.5 CONSUMER DRONES 122
10.3.5.1 Adoption of magnetic sensors in consumer drones for navigation and surveillance 122
10.3.6 OTHERS 123
FIGURE 50 CONSUMER DRONES SEGMENT IS EXPECTED TO GROW AT HIGHEST CAGR IN MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS FROM 2020 TO 2025 123
TABLE 60 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS, BY SUBTYPE, 2017-2025 (USD MILLION) 123
TABLE 61 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2017-2025 (USD MILLION) 124
TABLE 62 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2017-2025 (USD MILLION) 124
TABLE 63 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS IN NORTH AMERICA, BY COUNTRY, 2017-2025 (USD MILLION) 125
TABLE 64 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS IN EUROPE,
BY COUNTRY, 2017-2025 (USD MILLION) 125
TABLE 65 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS IN APAC,
BY COUNTRY, 2017-2025 (USD MILLION) 125
TABLE 66 MAGNETIC SENSOR MARKET FOR CONSUMER ELECTRONICS IN ROW,
BY REGION, 2017-2025 (USD MILLION) 126
10.4 HEALTHCARE 126
10.4.1 USE OF MAGNETIC SENSORS IN HEALTHCARE INDUSTRY HELP ACCURATE DETECTION OF ANOMALIES 126
TABLE 67 MAGNETIC SENSOR MARKET FOR HEALTHCARE, BY TYPE,
2017-2025 (USD MILLION) 126
TABLE 68 MAGNETIC SENSOR MARKET FOR HEALTHCARE, BY REGION,
2017-2025 (USD MILLION) 127
TABLE 69 MAGNETIC SENSOR MARKET FOR HEALTHCARE IN NORTH AMERICA,
BY COUNTRY, 2017-2025 (USD THOUSAND) 127
TABLE 70 MAGNETIC SENSOR MARKET FOR HEALTHCARE IN EUROPE, BY COUNTRY, 2017-2025 (USD THOUSAND) 127
TABLE 71 MAGNETIC SENSOR MARKET FOR HEALTHCARE IN APAC, BY COUNTRY, 2017-2025 (USD THOUSAND) 128
TABLE 72 MAGNETIC SENSOR MARKET FOR HEALTHCARE IN ROW, BY REGION,
2017-2025 (USD MILLION) 128
10.5 AEROSPACE & DEFENSE 128
10.5.1 MAGNETIC SENSORS USED IN MULTITUDE OF ELECTRICAL SYSTEMS IN AEROSPACE & DEFENSE INDUSTRY 128
TABLE 73 MAGNETIC SENSOR MARKET FOR AEROSPACE AND DEFENSE, BY TYPE, 2017-2025 (USD THOUSAND) 129
FIGURE 51 APAC EXPECTED TO LEAD MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE INDUSTRY FROM 2020 TO 2025 129
TABLE 74 MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2017-2025 (USD THOUSAND) 129
TABLE 75 MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA, BY COUNTRY, 2017-2025 (USD MILLION) 130
TABLE 76 MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE IN EUROPE,
BY COUNTRY, 2017-2025 (USD MILLION) 130
TABLE 77 MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE IN APAC,
BY COUNTRY, 2017-2025 (USD MILLION) 131
TABLE 78 MAGNETIC SENSOR MARKET FOR AEROSPACE & DEFENSE IN ROW,
BY REGION, 2017-2025 (USD THOUSAND) 131
10.6 INDUSTRIAL 131
10.6.1 RISE IN INDUSTRIAL AUTOMATION TO FUEL DEPLOYMENT OF MAGNETIC SENSORS 131
TABLE 79 MAGNETIC SENSOR MARKET FOR INDUSTRIAL, BY TYPE,
2017-2025 (USD THOUSAND) 132
TABLE 80 MAGNETIC SENSOR MARKET FOR INDUSTRIAL, BY REGION,
2017-2025 (USD MILLION) 132
TABLE 81 MAGNETIC SENSOR MARKET FOR INDUSTRIAL IN NORTH AMERICA,
BY COUNTRY, 2017-2025 (USD MILLION) 132
TABLE 82 MAGNETIC SENSOR MARKET FOR INDUSTRIAL IN EUROPE, BY COUNTRY, 2017-2025 (USD MILLION) 133
TABLE 83 MAGNETIC SENSOR MARKET FOR INDUSTRIAL IN APAC, BY COUNTRY,
2017-2025 (USD MILLION) 133
TABLE 84 MAGNETIC SENSOR MARKET FOR INDUSTRIAL IN ROW, BY REGION,
2017-2025 (USD MILLION) 133
10.7 BFSI 134
10.7.1 POINT-OF-SALE (POS) TERMINAL 134
10.7.1.1 Growing focus of developing countries on digitalization to increase demand for POS terminals 134
10.7.2 CURRENCY COUNTER/DETECTOR/SORTER 134
10.7.2.1 Escalating counterfeiting offenses increases demand for currency detectors 134
10.7.3 ATM 135
10.7.3.1 Installation of ATMs on large scale to propel demand for magnetic sensors 135
FIGURE 52 POS TERMINAL SEGMENT EXPECTED TO GROW AT HIGHEST CAGR IN MAGNETIC SENSOR MARKET FOR BFSI FROM 2020 TO 2025 135
TABLE 85 MAGNETIC SENSOR MARKET FOR BFSI, BY SUBTYPE,
2017-2025 (USD MILLION) 136
TABLE 86 MAGNETIC SENSOR MARKET FOR BFSI, BY TYPE,
2017-2025 (USD THOUSAND) 136
TABLE 87 MAGNETIC SENSOR MARKET FOR BFSI, BY REGION,
2017-2025 (USD MILLION) 136
TABLE 88 MAGNETIC SENSOR MARKET FOR BFSI IN NORTH AMERICA, BY COUNTRY, 2017-2025 (USD MILLION) 137
TABLE 89 MAGNETIC SENSOR MARKET FOR BFSI IN EUROPE, BY COUNTRY,
2017-2025 (USD MILLION) 137
TABLE 90 MAGNETIC SENSOR MARKET FOR BFSI IN APAC, BY COUNTRY,
2017-2025 (USD MILLION) 138
TABLE 91 MAGNETIC SENSOR MARKET FOR BFSI IN ROW, BY REGION,
2017-2025 (USD THOUSAND) 138
10.8 OTHERS 138
TABLE 92 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES, BY TYPE,
2017-2025 (USD THOUSAND) 139
TABLE 93 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES, BY REGION,
2017-2025 (USD MILLION) 139
TABLE 94 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2017-2025 (USD MILLION) 139
TABLE 95 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES IN EUROPE,
BY COUNTRY, 2017-2025 (USD MILLION) 140
TABLE 96 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES IN APAC, BY COUNTRY, 2017-2025 (USD MILLION) 140
TABLE 97 MAGNETIC SENSOR MARKET FOR OTHER INDUSTRIES IN ROW, BY REGION, 2017-2025 (USD THOUSAND) 140

11 DIFFERENT TYPES OF MAGNETS IN MAGNETIC SENSORS 141
11.1 INTRODUCTION 141
11.2 PERMANENT MAGNETS 141
11.3 CERAMIC MAGNETS 141
11.4 ALNICO MAGNETS 141
11.5 SAMARIUM COBALT MAGNETS 142
11.6 NEODYMIUM MAGNETS 142

12 MAGNETIC SENSOR MARKET, BY REGION 143
12.1 INTRODUCTION 144
FIGURE 53 MAGNETIC SENSOR MARKET, BY REGION 144
FIGURE 54 MAGNETIC SENSOR MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 144
TABLE 98 MAGNETIC SENSOR MARKET, BY REGION, 2017-2025 (USD MILLION) 145
12.2 NORTH AMERICA 145
FIGURE 55 NORTH AMERICA: MAGNETIC SENSOR SNAPSHOT 146
TABLE 99 MAGNETIC SENSOR MARKET IN NORTH AMERICA, BY TYPE,
2017-2025 (USD MILLION) 147
TABLE 100 MAGNETIC SENSOR MARKET IN NORTH AMERICA, BY END-USER INDUSTRY, 2017-2025 (USD MILLION) 147
TABLE 101 MAGNETIC SENSOR MARKET IN NORTH AMERICA, BY COUNTRY,
2017-2025 (USD MILLION) 147
12.2.1 US 148
12.2.1.1 US held largest share of magnetic sensor market in North America in 2019 148
12.2.2 CANADA 148
12.2.2.1 Increasing demand from automotive, healthcare, and consumer electronics industries to boost market growth 148
12.2.3 MEXICO 149
12.2.3.1 Increase in production of vehicles is bolstering growth of magnetic sensor market in Mexico 149
12.3 EUROPE 149
FIGURE 56 EUROPE: MAGNETIC SENSOR MARKET SNAPSHOT 150
TABLE 102 MAGNETIC SENSOR MARKET IN EUROPE, BY TYPE,
2017-2025 (USD MILLION) 151
FIGURE 57 TRANSPORTATION SEGMENT TO REGISTER HIGHEST CAGR IN MAGNETIC SENSOR MARKET DURING FORECAST PERIOD 151
TABLE 103 MAGNETIC SENSOR MARKET IN EUROPE, BY END-USER INDUSTRY,
2017-2025 (USD MILLION) 152
TABLE 104 MAGNETIC SENSOR MARKET IN EUROPE, BY COUNTRY,
2017-2025 (USD MILLION) 152
12.3.1 UK 153
12.3.1.1 High demand for magnetic sensors in automotive and consumer electronics to propel growth of magnetic sensor market 153
12.3.2 GERMANY 153
12.3.2.1 Increasing demand for magnetic sensors from automotive to propel market growth 153
12.3.3 FRANCE 153
12.3.3.1 Established automotive and aerospace industries to propel market growth 153
12.3.4 ITALY 154
12.3.4.1 Surge in ventilator demand and production is fueling market growth 154
12.3.5 REST OF EUROPE 154
12.4 APAC 154
FIGURE 58 APAC: MAGNETIC SENSOR MARKET SNAPSHOT 155
TABLE 105 MAGNETIC SENSOR MARKET IN APAC, BY TYPE, 2017-2025 (USD MILLION) 156
TABLE 106 MAGNETIC SENSOR MARKET IN APAC, BY END-USER INDUSTRY,
2017-2025 (USD MILLION) 156
TABLE 107 MAGNETIC SENSOR MARKET IN APAC, BY COUNTRY,
2017-2025 (USD MILLION) 156
12.4.1 CHINA 157
12.4.1.1 Developing economy and growing implementation of sensors in various sectors driving market growth 157
12.4.2 JAPAN 157
12.4.2.1 Presence of major automotive and magnetic sensor manufacturers driving market growth 157
12.4.3 INDIA 158
12.4.3.1 Government initiatives towards industrial development to support market growth in India 158
12.4.4 SOUTH KOREA 158
12.4.4.1 Burgeoning demand from consumer electronics and automotive industries to support market growth in South Korea 158
12.4.5 REST OF APAC 158
12.5 ROW 159
TABLE 108 MAGNETIC SENSOR MARKET IN ROW, BY TYPE, 2017-2025 (USD THOUSAND) 159
TABLE 109 MAGNETIC SENSOR MARKET IN ROW, BY END-USER INDUSTRY,
2017-2025 (USD MILLION) 160
FIGURE 59 MAGNETIC SENSOR MARKET IN SOUTH AMERICA TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 160
TABLE 110 MAGNETIC SENSOR MARKET IN ROW, BY REGION,
2017-2025 (USD MILLION) 160
12.5.1 MIDDLE EAST AND AFRICA 161
12.5.1.1 Presence of oil & gas companies in MEA is expected to fuel magnetic sensor market growth 161
12.5.2 SOUTH AMERICA 161
12.5.2.1 South America to witness higher CAGR during forecast period 161

13 COMPETITIVE LANDSCAPE 162
13.1 INTRODUCTION 162
FIGURE 60 COMPANIES ADOPTED PRODUCT LAUNCHES AND DEVELOPMENTS AS KEY GROWTH STRATEGY FROM JANUARY 2017 TO JUNE 2020 163
13.2 MARKET RANKING ANALYSIS OF PLAYERS IN MAGNETIC SENSOR MARKET, 2019 164
FIGURE 61 RANKING OF TOP 5 PLAYERS IN MAGNETIC SENSOR MARKET, 2019 164
13.3 MARKET EVALUATION FRAMEWORK 166
FIGURE 62 MARKET EVALUATION FRAMEWORK-FOCUS OF KEY COMPANIES ON RESEARCH AND DEVELOPMENT ACTIVITIES AND INNOVATIONS FROM JANUARY 2017 TO JUNE 2020 166
13.3.1 PRODUCT LAUNCHES AND DEVELOPMENTS 167
TABLE 111 PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2017-JUNE 2020 167
13.3.2 EXPANSIONS 168
TABLE 112 EXPANSIONS, JANUARY 2017-JUNE 2020 168
13.3.3 AGREEMENTS, COLLABORATIONS, JOINT VENTURES, AND PARTNERSHIPS 169
TABLE 113 AGREEMENTS, COLLABORATIONS, JOINT VENTURES, AND PARTNERSHIPS, JANUARY 2017-JUNE 2020 169
13.3.4 MERGERS AND ACQUISITIONS 170
TABLE 114 MERGERS AND ACQUISITIONS, JANUARY 2017-JUNE 2020 170
13.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019 171
TABLE 115 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019 171

14 COMPANY EVALUATION MATRIX 172
14.1 OVERVIEW 172
14.2 COMPANY EVALUATION MATRIX DEFINITION AND METHODOLOGY 172
14.2.1 MARKET SHARE/RANKING 172
FIGURE 63 ASAHI KASEI CORPORATION LED MAGNETIC SENSOR MARKET IN 2019 172
14.2.2 STAR 173
14.2.3 PERVASIVE 173
14.2.4 EMERGING LEADERS 173
14.3 COMPANY EVALUATION MATRIX 174
FIGURE 64 MAGNETIC SENSOR MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2019 174
14.4 SME EVALUATION MATRIX 175
FIGURE 65 MAGNETIC SENSOR MARKET (GLOBAL) SME EVALUATION MATRIX, 2019 175
14.5 STRENGTH OF PRODUCT PORTFOLIO 176
FIGURE 66 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MAGNETIC SENSOR MARKET 176
14.6 BUSINESS STRATEGY EXCELLENCE 177
FIGURE 67 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MAGNETIC SENSOR MARKET 177

15 COMPANY PROFILES 178
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
15.1 INTRODUCTION 178
15.2 KEY PLAYERS 179
15.2.1 ASAHI KASEI CORPORATION 179
FIGURE 68 ASAHI KASEI CORPORATION: COMPANY SNAPSHOT 179
15.2.2 ALLEGRO MICROSYSTEMS, LLC 182
15.2.3 INFINEON TECHNOLOGIES AG 188
FIGURE 69 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 188
15.2.4 TDK CORPORATION 192
FIGURE 70 TDK CORPORATION: COMPANY SNAPSHOT 192
15.2.5 MELEXIS 196
FIGURE 71 MELEXIS: COMPANY SNAPSHOT 196
15.2.6 HONEYWELL INTERNATIONAL INC. 200
FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 200
15.2.7 TE CONNECTIVITY 203
FIGURE 73 TE CONNECTIVITY: COMPANY SNAPSHOT 203
15.2.8 NXP SEMICONDUCTORS N.V. 205
FIGURE 74 NXP SEMICONDUCTORS N.V.: COMPANY SNAPSHOT 205
15.2.9 TEXAS INSTRUMENTS INCORPORATED 208
FIGURE 75 TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT 208
15.2.10 AMS AG 211
FIGURE 76 AMS AG: COMPANY SNAPSHOT 211
15.3 RIGHT TO WIN 214
15.4 OTHER KEY PLAYERS 215
15.4.1 EMERSON ELECTRIC CO. 215
15.4.2 SENSATA TECHNOLOGIES 216
15.4.3 IFM ELECTRONIC GMBH 217
15.4.4 TT ELECTRONICS PLC 218
15.4.5 KOHSHIN ELECTRIC CORPORATION 219
15.4.6 KITA SENSOR 220
15.4.7 COTO TECHNOLOGY 221
15.5 STARTUP PLAYER 222
15.5.1 SENSITEC GMBH 222
15.5.2 CROCUS TECHNOLOGY 223
15.5.3 MULTIDIMENSION TECHNOLOGY CO., LTD. 224
15.5.4 QUSPIN 224
15.5.5 ABLIC INC. 225
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

16 APPENDIX 226
16.1 DISCUSSION GUIDE 226
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 230
16.3 AVAILABLE CUSTOMIZATIONS 232
16.4 RELATED REPORTS 232
16.5 AUTHOR DETAILS 233