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:

Industry Event

Sensors Expo & Conference

Register now and save with Early Bird Rates – Limited Passes Available!

North America’s can’t-miss event dedicated to sensors, connectivity, and IoT will take place this June 22-24 in San Jose, CA. Attendees can make connections, collaborate with experts & peers, get insight into emerging technology & trends, and find new approaches to evergreen challenges. Use promo code FE100 for $100 off Conference Passes.


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

While a number of semi makers saw their stock prices drop on Friday, the prior three days of market growth helped their outlook.

Purdue University researchers are creating technologies to help compress 3D camera files and automate focus and exposure settings.

A $2.2 trillion economic relief package is anticipated to give the struggling U.S. economy a shot in the arm.