March 5, 2021, 2:23 pm

On-Board Magnetic Sensor Market Size Analysis, Growth by Top Companies, Trends Forecasts Analysis to 2027

By Prashant Tambe

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Magnetic sensors are capable of detecting and measuring magnetic fields and converting it into electrical signal. Magnetic sensors are widely used in proximity switching, positioning, speed detection, and current sensing applications. The demand for on-board magnetic sensors is expected to grow significantly in the industrial segment owing to the wide range of application in control systems and automation equipment. The on-board magnetic sensor market is highly fragmented with the presence of a large number of well-established players as well as emerging players operating in the market.

The global on-board magnetic sensor market is segmented on the basis of type, magnetic density, and industry vertical. On the basis of type the market is segmented as Hall Effect sensors, magnetoresistive sensors, squid sensors, and others. On the basis of magnetic density, the market is segmented as low-field sensors, earth field sensors, and bias magnetic field sensors. Based on industry vertical, the market is segmented as automotive, consumer electronics, healthcare, aerospace and defense, industrial, and others.

The key players profiled in the On-Board Magnetic Sensor Market research study includes:

1. Asahi Kasei Microdevices Corporation
2. Austria Mikro Systeme
3. HONEYWELL INTERNATIONAL INC.
4. Infineon Technologies AG
5. Kohshin Electric
6. Melexis NV
7. Murata Manufacturing Co., Ltd.
8. Sensitec GmbH
9. sensoronix.com
10. TE Connectivity

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Since, the key findings in the On-Board Magnetic Sensor Market research reports highlight crucial progressive industry trends, it allows the companies across the value chain to develop effective long-term strategies. The clients get to understand a clear picture of the competitors and can develop strategies and modify business expansion plans accordingly. The On-Board Magnetic Sensor Market research reports cover thousands of global players that based on several parameters, such as company revenue, product portfolio, and geographic presence.

The Insight Partners adheres to the codes of practice of the Market Research Society and Strategic and Competitive Intelligence Professionals. The following methodology has been followed for the collection and analysis of data presented in this report:

Coverage:

The objective of updating “The Insight Partners” coverage is to ensure that it represents the most up-to-date vision of the industry possible. The estimated revenues of all major companies, including private and governmental, are gathered and used to prioritize coverage. Companies which are making the news, or which are of particular interest due to their innovative approach, are prioritized.

Secondary Research:

The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information relating to each Market. The secondary research sources that are typically referred to include, but are not limited to:

  • Company Websites, Annual Reports, Financial Reports, Broker Reports and Investor Presentations
  • Industry Trade Journals and Other Literature
  • National Government Documents, Statistical Databases and Market Reports
  • News Articles, Press Releases and Web-Casts Specific to the Companies Operating in the Market

NOTE: All the financials considered in Company Profile’s section have been standardized to US$. This has been achieved after converting the financials (for those not in US$) with respective currency exchange rates of the particular year.

Primary Research:

“The Insight Partners” conducts hundreds of primary interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfils the following functions:

  • Provides First-Hand Information on the Market Size, Market Trends, Growth Trends, Competitive Landscape and Future Outlook
  • Validates and Strengthens Secondary Research Findings
  • Further Develops the Analysis Team’s Expertise and Market Understanding

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Primary research involves email interactions and telephone interviews for each market, category, segment and sub -segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry Participants: VPs, Business Development Managers, Market Intelligence Managers and National Sales Managers
  • Outside Experts: Valuation Experts, Research Analysts and Key Opinion Leaders Specializing in the Industry

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Prashant Tambe

An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.


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