Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Magnetic Field Sensors Market worth 4.16 Billion USD by 2022

(IT-NEWSWIRE.COM, March 17, 2017 ) According to the new market research report "Magnetic Field Sensors Market by Type (Hall Effect, Magnetoresistive (AMR, GMR, TMR), MEMS-based, SQUID, Fluxgate)), Range (10 gauss), Application, End-User Industry - Global Forecasts to 2022", the overall magnetic field sensors market is expected to reach USD 4.16 Billion by 2022, at a CAGR of 8.87% between 2016 and 2022. The major factors driving the growth of the magnetic field sensors market include the rising demand for MEMS-based sensors across industry verticals, surge in automotive industry, increasing demand for high-quality sensing devices, and continuous growth in consumer electronics applications. The market is further driven by the major role of magnetic field sensors in applications such as navigation.

For PDF Brochure:

“Magnetic field sensors market for automotive end-user industry expected to hold a major market share during the forecast period”

Magnetic field sensors have a huge opportunity for growth in the automotive industry. It is widely used for safety as well as for navigational purposes owing to its high performance and functionality along with cost effectiveness. These are also implemented in automobile vehicles in door switches, engine position, rotary position, linear position, timing, and displacement applications. They are widely adopted for safety features in cars and bikes in anti-lock braking system (ABS) technology which helps in preventing the wheel from locking up while braking and helps prevent skidding of vehicles, thereby minimizing the occurrence of accidents.

“Market for >10 gauss range expected to grow at the highest rate between 2016 and 2022”

The magnetic field sensors market for the >10 gauss range are expected to witness the highest growth rate between 2016 and 2022. These are widely used in the consumer electronics, industrial, and medical sectors for various applications. They are also used in computer hard disk drives in laptops and computers. In the medical sector, they are used in biosensors and in applications such as displacement sensing, proximity detection, rotational reference. Reed switch is popular among industrial control because of its advantages as it is maintenance free and has a high resistance to dirt and contamination.

Free Sample Pages:

“APAC expected to grow at the highest rate during the forecast period”

Magnetic field sensors have a growing demand in APAC owing to the increasing focus of the region toward the automotive, consumer electronics, and healthcare sectors. In this study, the APAC market has been segmented into India, China, Japan, South Korea, and Rest of APAC. Asia-Pacific is a major market for various sectors such as consumer electronics and automotive, among others. Moreover, the Asia-Pacific region is one of the potential markets for the healthcare and industrial sector as countries such as China, India, and Australia, among others are actively trying to strengthen their position in these markets.

The major companies involved in the development of magnetic field sensors include Asahi Kasei Corporation (Japan), Sanken Electric Co., Ltd. (Japan), Infineon Technologies AG (Germany), Melexis NV (Belgium), Micronas Semiconductor Holdings AG (Switzerland), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), AMS AG (Austria), Analog Devices, Inc. (U.S.), Honeywell International Inc. (U.S.), TE Connectivity Ltd. (U.S.), MEMSIC Inc. (U.S.), and Bartington Instruments Ltd (U.K.), among others.


Mr. Rohan


Source: EmailWire.Com


Sponsored Links

[CaRP] XML error: XML_ERR_NAME_REQUIRED at line 6 - This appears to be an HTML webpage, not a feed.

Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - a Technology News and Resource of GroupWeb Media LLC