On-Board Magnetic Sensor Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The on-board magnetic sensor market was valued at USD 1.16 Billion in 2019 and is estimated to reach USD 1.89 Billion by 2027, at a CAGR of 8% during the forecast period.

On-board magnetic sensors are sensors that are evaluated after being placed on a circuit board. Magnetic sensors are devices used to identify fluctuations and disturbances in a magnetic field. They work on the principle of a transducer, measure a magnetic field, and then convert it into an electrical signal. It is a high reliability, low power consumption, cost effective solution for magnetic parameters. It is widely used in electronic consumer electronics, automobiles and various industries.

Global On-board Magnetic Sensor Market Segmentation:

By type:

• SQUID Sensor
• Hall Effect Sensor
• Magnetoresistive Sensor
• Others (Reed, Magnetodiode, Optically Pumped, luxgate Sensor, etc.)

By magnetic density:

• More than 10 Gauss (Bias Magnetic Field Sensors)
• 1 Microgauss to 10 Gauss (Earth Field Sensors)
• Less than 1 Microgauss (Low-Field Sensors)

By vertical:

• Aerospace & Defense
• Healthcare
• Automotive
• Industrial
• Consumer Electronics

MARKET PLAYERS

• Asahi Kasei Microdevices Corporation.
• Austria Mikro Systeme
• HONEYWELL INTERNATIONAL INC.
• Infineon Technologies AG
• Kohshin Electric
• Melexis NV
• Murata Manufacturing Co., Ltd.
• Sensitec GmbH

Scope of the Report

The research study analyzes the global On-Board Magnetic Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by On-Board Magnetic Sensor Market Report

1. What was the On-Board Magnetic Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of On-Board Magnetic Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the On-Board Magnetic Sensor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.