Magnetic Sensors Market Growth, Trends and Industry Insights : Hexa Research

Magnetic sensors are majorly used in security purposes. These sensors include contacts and switches. Based on the magnetic field, magnetic sensors identify the location of an object. This magnetic field is made up by a permanent magnet or by the magnet outfitted in the sensors. 

Depending upon the sensor the output can be either digital or analog. Magnetic sensors are fitted to windows, doors and other access points where they are not visible to humans. Increasing need for sensing performance and better performance is expected to drive the market over the forecast period. 

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Magnetic field sensors are expanded widely due to its usage in various industrial applications such as; they can identify direction, presence and strength of magnetic field not only on earth and also from permanent magnets, magnetized soft magnets, field produced from electric current, brain wave activity and vehicle disturbances. Increasing usage of sensors in industrial control and navigation systems is estimated to drive the market over the forecasted period. 

Rising demand in gaming consoles and growing popularity of electric compass is anticipated to provide positive avenues to market growth over the next five years. Growing demand for computer accessories and computers is estimated to boost the market growth. Numerous benefits of magnetic sensors such as low maintenance and implementation cost and high performance are projected to advance their demand on a large degree. Need for magnetic sensors have been growing continuously over past few years and this market is estimated to nurture rapidly. Inconsistent magnetic field strength and Unavailability of strong aftermarket may pose challenge for the market growth. Technological advancements of hybrid sensors and usage of sensors in hybrid and electric vehicles are the major opportunities for growth of this market.

Application Insights
Increasing demand for magnetic sensors is estimated due to its broad usage in various application areas. Applications of magnetic sensors include direction or navigation, consumer electronics, automotive, medical applications, industrial applications and others. Automobile industry has been the major consumer market for magnetic sensors, accounting for leading market share. Main applications of magnetic sensors in the automobile industry include anti-lock braking system (ABS) and engine control management systems. 

Applications of magnetic sensors in consumer electronics include computer accessories, computers and others computing segments. Typical applications of magnetic sensors include cameras, hard disk drives, printers, DVD players, video cassette players, cell phones and washing machines. Other application areas such as defense and healthcare have been estimated to gain the market share

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Regional Insights
Developed markets such as UK, United States, Japan and Korea is expected to be the key regional markets owing to their technology advancements in automotive markets and consumer electronics due to strong supplier system, presence of large semiconductor firms and sensor manufacturers. The size of region, affluence and competitiveness of its customers is estimated to boost. Increasing demand for magnetic sensors in developing countries such as china and India is projected to boost on a large range owing to growing demand for automobiles and consumer electronics investments in healthcare facilities, growing need for computer peripherals and computers and in industrial use is expected to drive the market in in Asia Pacific region.

Competitive Insights
Increased need for magnetic sensors and technology advancements has attracted new players in magnetic sensor market. The key players in magnetic sensor market include Robert Bosch GMBH, Asahi Kasei Microsystems, NXPSemiconductors, NVE Corporation, Allegro Microsystems Inc., Alps Electrics Co. Ltd., Micronas Semiconductor, Denso Corporation, Austriamicrosystems AG, Memsic Corporation, Elmos Semiconductor AG, Melexis Semiconductor Inc., Microelectronic Systems, Freescale Magnetic Sensors Corp., Infineon Technologies AG and Honeywell International Inc. among others.

Table of Contents

Chapter 1 Executive Summary
1.1 Magnetic Sensors- Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Magnetic Sensors Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Magnetic Sensors Value Chain Analysis
2.4 Magnetic Sensors Market Dynamics
2.4.1 Key Driver Analysis
2.4.1.1 Cost and performance benefits
2.4.1.2 Demand for computer and computer peripherals
2.4.1.3 Demand for magnetic compass
2.4.2 Key Restraint Analysis
2.4.2.1 Need for aftermarket
2.4.2.2 Magnetic field strength inconsistency
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Magnetic sensors - Company Market Share Analysis, 2013
2.8 Magnetic sensors - PESTEL Analysis

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Fish Oil Market Size, Share, Analysis, Regional Outlook, Growth Trends and Forecasts, 2012 To 2020 | Hexa Research

Presence of key nutrition including omega 3 acids, eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in fish oil is one of the key factors driving the fish oil market. Growing concern about health and increasing demand in variety of food products containing unsaturated fatty acid are also prominent key drivers expected to work favourably for the growth of the fish oil market. Advantages such as reducing joint pains, triglyceride levels, improving lung functioning, depression levels, improving neurological and visual development in infants and reducing the probability of coronary diseases from fish oil are going to drive the market growth over the forecast period. Rise in direct human consumption (DHC) owing to increasing health awareness of advantages of omega 3 fatty acids is expected to be major driver for the fish oil market in coming years. However, static production with increasing demand and increasing prices are expected to be the confronting issues for the growth of the fish oil market. Fast development of aquaculture globally is expected to drive the market.

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Application Insights

Aquaculture application is expected to witness the highest growth and dominate the fish oil market. Key aquaculture species include trout, salmon, tilapias, marine fishes, freshwater crustaceans, carps, marine shrimps, milkfish, eels, catfishes and miscellaneous freshwater fishes. Trout and salmon dominate the fish oil market. Marine fishes are expected to grow fastest in the fish oil market. Direct human consumption include Anchovy, capelin, herring and mackerel which are fishes used for making DHA /EPA products

Regional Insights

Key fish oil market includes Europe, North America, Latin America and Asia Pacific. Europe has accounted for the highest growth and it is expected to continue with the growth due to increasing awareness about dietary products as well as per capita consumption. U.S FDA has imposed the limit on using species such as shark due to heavy concentration of toxic substances such as dioxin, mercury, chlordane and PCBs in shark. This is expected to hamper the market growth in coming years. Asia Pacific is expected to witness the fastest growth owing to increasing domestic demand in countries like China. Trout and Salmon are mainly farmed in Peru and Chile. Furthermore, Peru, Chile and Denmark are the major producer and exporter of fish oil worldwide.

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Competitive Insights

Key players in fish oil market includes EPAX AS, Croda Inc., COPEINCA ASA, Colpex, Omega Protein Corporation, GC Rieber Oils, FF Skagen A/S, American Marine Ingredients, Nutrifynn Caps, Inc.,Pesquera Diamante S.A., Marvesa Holding N.V. and Corpesca S.A. The fish oil market is moderately concentrated with the players. Due to shortage of raw material and increasing concentration on maintaining fish farming, the global fish oil market is expected to lead towards consolidation and is also expected to witness numerous acquisitions, merger strategic steps over the forecast period.

Table of Contents

Chapter 1 Executive Summary
1.1 Fish Oil - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Fish Oil Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Fish Oil Value Chain Analysis
2.3.1 Key Driver Analysis
2.3.1.1 Increased direct human consumption (DHC)
2.3.2 Key Restraint Analysis
2.3.2.1 Increasing fish oil prices
2.3.2.2 Static production against the growing demand for fish oil
2.4 Fish Oil Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Fish Oil - Company Market Share Analysis, 2013
2.8 Fish Oil - PESTEL Analysis

Chapter 3 Fish Oil Application Outlook
3.1 Aquaculture
3.1.1 Demand in aquaculture, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.2 Fish Oil demand in aquaculture, by product
3.2.1 Salmon and Trout
3.2.1.1 Demand in aquaculture, salmon and trout, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.2.2 Marine Fish
3.2.2.1 Demand in aquaculture, marine fish, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.2.3 Carp
3.2.3.1 Demand in aquaculture, carp, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.2.4 Tilapias
3.2.4.1 Demand in aquaculture, tilapias, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.2.5 Other fishes
3.2.5.1 Demand in aquaculture, other fishes, by region, (Kilo tons), 2012 - 2020 (USD Million)
3.3 Direct Human Consumption (DHC)
3.3.1 Demand in direct human consumption (DHC), by region, (Kilo tons), 2012 - 2020 (USD Million)
3.4 Other Applications
3.4.1 Demand in other applications, by region, (Kilo tons), 2012 - 2020 (USD Million)

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.