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.
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.
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.
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)
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
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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