Magnetic Sensor Market Entering Consolidation Phase

Exhibiting a 7% CAGR between 2016 and 2022, the magnetic sensor market should reach almost $2.5 billion in 2022. Driven by the automotive applications and the introduction of the magnetoresistive technologies, it is showing a steady growth. The industry is step by step undergoing a consolidation process. According to Yole Développement, future mergers and acquisitions are expected to allow companies to ensure their market positioning and penetrate new market segments.


The “More than More” market research and strategy consulting company, proposes a dedicated technology & market report related to semiconductor magnetic sensors industry:

Sponsored by Digi-Key

Digi IX20 Secure LTE Router Available for Immediate Shipment from Digi-Key

The IX20 rugged, secure LTE router is a great choice for applications from basic connectivity to industrial-class and security solutions. Its high-performance architecture gives primary and backup WWAN over software selectable multi-carrier LTE.


Magnetic Sensors Market & Technologies.


Magnetic sensors functions included in this new analysis are switches/latches, position (angle/linear), speed, current and electronic compass. With this new report, Yole’s analysts are offering a comprehensive overview of the magnetic technologies such as Hall Effect, magneto resistive (AMR, GMR and TMR) and others, combined with market data and competitive landscape. Based on its strong knowledge of the semiconductor industry and its technical expertise, Yole’s team investigated the magnetic sensor ecosystem, conducted numerous interviews with leading players and gathered lot of strategic information. This report presents the key driving forces and restraints for each magnetic sensor market and provides accurate market forecasts in dollars, units and number of wafers.


Conclusion, magnetic sensors is becoming a key enabling technology for the growing automotive and IoT industries, announces the consulting company.

Suggested Articles

President Trump issued his “blessing” of the tentative deal on Saturday and then directed a delay of a week of a ban on TikTok downloads.

U.S. Commerce Department beefs up attacks on TikTok and WeChat, banning downloads at first. Eventually the bans will be total, unless some other agree

Analyst Jack Gold describes the TikTok battle as a big win for China.