Magnetic Sensor Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

By: HDIN Research Published: 2025-06-15 Pages: 90
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Magnetic Sensor Market Summary
Introduction and Market Overview
Magnetic sensors, essential for detecting magnetic fields, are integral to automotive, consumer electronics, and industrial applications. The surge in electric vehicle (EV) sales, reaching 6.6 million in 2023 with a 100% growth, and global vehicle production of 85 million units with 8.3% ADAS adoption in Europe, drive demand for precise sensors. With 6.648 billion smartphone users and over 500 million wearable devices shipped in 2023, magnetic sensors enable navigation and motion detection. Industrial automation, with 3.5 million robots globally, and 20 billion IoT device connections in 2024, rely on sensors for operational precision. Medical imaging, with 50,000 MRI machines and 5,000 annual additions, and industrial energy monitoring, projected to reach 98.8 quadrillion Btu by 2030, further amplify demand. The global magnetic sensor market is estimated at USD 1.5-3.0 billion in 2025, with a CAGR of 4%-8% through 2030, propelled by EV adoption, IoT proliferation, and automation trends.

Regional Market Trends
 North America: The U.S. and Canada lead with EV adoption and IoT integration in smart devices.
 Europe: Germany, France, and the UK focus on ADAS and industrial automation advancements.
 Asia Pacific: China, Japan, and South Korea dominate due to smartphone and EV manufacturing hubs.
 Rest of the World: Brazil and India expand with growing automotive and IoT markets.

Application Analysis
 Automotive: Expected growth of 4.5%-8.5%, driven by EVs and ADAS systems. Trends focus on high-precision sensors for safety and efficiency.
 Consumer Electronics: Projected growth of 3.5%-7.5%, for smartphones and wearables. Trends emphasize miniaturization and low power consumption.

Type Analysis
 Hall Effect Sensors: Anticipated growth of 4%-8%, valued for automotive applications. Trends focus on energy-efficient designs.
 AMR Sensors: Expected growth of 3.5%-7.5%, suited for consumer electronics. Trends highlight enhanced sensitivity.
 GMR Sensors: Projected growth of 4.5%-8.5%, for high-precision applications. Trends emphasize integration with IoT systems.
 Others: Anticipated growth of 3%-7%, including TMR sensors. Trends focus on niche, high-performance applications.

Key Market Players
 Honeywell International: Supplies robust sensors for automotive and industrial use.
 Asahi Kasei: Offers high-sensitivity magnetic sensors for consumer electronics.
 NXP Semiconductors: Provides sensors for smart devices and automotive systems.
 Allegro MicroSystems: Markets automotive-grade magnetic sensors.
 Alps Alpine: Distributes compact sensors for wearables and IoT devices.

Porter’s Five Forces Analysis
 Threat of New Entrants: Moderate, due to high R&D costs and technical expertise requirements, though smaller players enter niche segments.
 Threat of Substitutes: Low, as magnetic sensors offer unique precision for automotive and IoT applications.
 Bargaining Power of Buyers: Moderate, with OEMs demanding quality but having multiple supplier options.
 Bargaining Power of Suppliers: Low, due to abundant semiconductor and raw material suppliers.
 Competitive Rivalry: High, driven by rapid innovation in sensitivity, miniaturization, and cost reduction.

Market Opportunities and Challenges
Opportunities:
 Capitalizing on 6.6 million EV sales and 8.3% ADAS adoption in Europe.
 Leveraging 6.648 billion smartphone users and 500 million wearable shipments.
 Supporting 3.5 million industrial robots and 20 billion IoT connections.
 Addressing 50,000 MRI machines and energy monitoring needs.
 Innovating with miniaturized, high-precision sensors.
 Expanding in emerging automotive and IoT markets.
Challenges:
 High R&D costs for advanced sensor technologies.
 Competition from alternative sensing methods like optical sensors.
 Regulatory compliance for automotive and medical applications.
 Semiconductor supply chain disruptions.
 Price pressures in consumer electronics markets.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Magnetic Sensor Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Magnetic Sensor by Region
8.2 Import of Magnetic Sensor by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Magnetic Sensor Market in North America (2020-2030)
9.1 Magnetic Sensor Market Size
9.2 Magnetic Sensor Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Magnetic Sensor Market in South America (2020-2030)
10.1 Magnetic Sensor Market Size
10.2 Magnetic Sensor Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Magnetic Sensor Market in Asia & Pacific (2020-2030)
11.1 Magnetic Sensor Market Size
11.2 Magnetic Sensor Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Magnetic Sensor Market in Europe (2020-2030)
12.1 Magnetic Sensor Market Size
12.2 Magnetic Sensor Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Magnetic Sensor Market in MEA (2020-2030)
13.1 Magnetic Sensor Market Size
13.2 Magnetic Sensor Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Magnetic Sensor Market (2020-2025)
14.1 Magnetic Sensor Market Size
14.2 Magnetic Sensor Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Magnetic Sensor Market Forecast (2025-2030)
15.1 Magnetic Sensor Market Size Forecast
15.2 Magnetic Sensor Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Honeywell International
15.1.1 Company Profile
15.1.2 Main Business and Magnetic Sensor Information
15.1.3 SWOT Analysis of Honeywell International
15.1.4 Honeywell International Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Asahi Kasei Baumer
15.2.1 Company Profile
15.2.2 Main Business and Magnetic Sensor Information
15.2.3 SWOT Analysis of Asahi Kasei Baumer
15.2.4 Asahi Kasei Baumer Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 NXP Semiconductors
15.3.1 Company Profile
15.3.2 Main Business and Magnetic Sensor Information
15.3.3 SWOT Analysis of NXP Semiconductors
15.3.4 NXP Semiconductors Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Elmos Semiconductor
15.4.1 Company Profile
15.4.2 Main Business and Magnetic Sensor Information
15.4.3 SWOT Analysis of Elmos Semiconductor
15.4.4 Elmos Semiconductor Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Allegro MicroSystems
15.5.1 Company Profile
15.5.2 Main Business and Magnetic Sensor Information
15.5.3 SWOT Analysis of Allegro MicroSystems
15.5.4 Allegro MicroSystems Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Alps Alpine
15.6.1 Company Profile
15.6.2 Main Business and Magnetic Sensor Information
15.6.3 SWOT Analysis of Alps Alpine
15.6.4 Alps Alpine Magnetic Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms List
Table Research Scope Of Magnetic Sensor Report
Table Data Sources Of Magnetic Sensor Report
Table Major Assumptions Of Magnetic Sensor Report
Table Magnetic Sensor Classification
Table Magnetic Sensor Applications List
Table Drivers Of Magnetic Sensor Market
Table Restraints Of Magnetic Sensor Market
Table Opportunities Of Magnetic Sensor Market
Table Threats Of Magnetic Sensor Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Magnetic Sensor
Table Cost Structure Analysis Of Magnetic Sensor
Table Key End Users List
Table Latest News Of Magnetic Sensor Market
Table Merger And Acquisition List
Table Planned/Future Project Of Magnetic Sensor Market
Table Policy Of Magnetic Sensor Market
Table 2020-2030 Regional Export Of Magnetic Sensor
Table 2020-2030 Regional Import Of Magnetic Sensor
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 North America Magnetic Sensor Demand List By Application
Table 2020-2025 North America Magnetic Sensor Key Players Sales List
Table 2020-2025 North America Magnetic Sensor Key Players Market Share List
Table 2020-2030 North America Magnetic Sensor Demand List By Type
Table 2020-2025 North America Magnetic Sensor Price List By Type
Table 2020-2030 United States Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 United States Magnetic Sensor Import & Export List
Table 2020-2030 Canada Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Canada Magnetic Sensor Import & Export List
Table 2020-2030 Mexico Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Mexico Magnetic Sensor Import & Export List
Table 2020-2030 South America Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 South America Magnetic Sensor Demand List By Application
Table 2020-2025 South America Magnetic Sensor Key Players Sales List
Table 2020-2025 South America Magnetic Sensor Key Players Market Share List
Table 2020-2030 South America Magnetic Sensor Demand List By Type
Table 2020-2025 South America Magnetic Sensor Price List By Type
Table 2020-2030 Brazil Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Brazil Magnetic Sensor Import & Export List
Table 2020-2030 Argentina Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Argentina Magnetic Sensor Import & Export List
Table 2020-2030 Chile Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Chile Magnetic Sensor Import & Export List
Table 2020-2030 Peru Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Peru Magnetic Sensor Import & Export List
Table 2020-2030 Asia & Pacific Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Magnetic Sensor Demand List By Application
Table 2020-2025 Asia & Pacific Magnetic Sensor Key Players Sales List
Table 2020-2025 Asia & Pacific Magnetic Sensor Key Players Market Share List
Table 2020-2030 Asia & Pacific Magnetic Sensor Demand List By Type
Table 2020-2025 Asia & Pacific Magnetic Sensor Price List By Type
Table 2020-2030 China Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 China Magnetic Sensor Import & Export List
Table 2020-2030 India Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 India Magnetic Sensor Import & Export List
Table 2020-2030 Japan Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Japan Magnetic Sensor Import & Export List
Table 2020-2030 South Korea Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 South Korea Magnetic Sensor Import & Export List
Table 2020-2030 Southeast Asia Magnetic Sensor Market Size List
Table 2020-2030 Southeast Asia Magnetic Sensor Market Volume List
Table 2020-2030 Southeast Asia Magnetic Sensor Import List
Table 2020-2030 Southeast Asia Magnetic Sensor Export List
Table 2020-2030 Australia Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Australia Magnetic Sensor Import & Export List
Table 2020-2030 Europe Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Europe Magnetic Sensor Demand List By Application
Table 2020-2025 Europe Magnetic Sensor Key Players Sales List
Table 2020-2025 Europe Magnetic Sensor Key Players Market Share List
Table 2020-2030 Europe Magnetic Sensor Demand List By Type
Table 2020-2025 Europe Magnetic Sensor Price List By Type
Table 2020-2030 Germany Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Germany Magnetic Sensor Import & Export List
Table 2020-2030 France Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 France Magnetic Sensor Import & Export List
Table 2020-2030 United Kingdom Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 United Kingdom Magnetic Sensor Import & Export List
Table 2020-2030 Italy Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Italy Magnetic Sensor Import & Export List
Table 2020-2030 Spain Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Spain Magnetic Sensor Import & Export List
Table 2020-2030 Belgium Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Belgium Magnetic Sensor Import & Export List
Table 2020-2030 Netherlands Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Netherlands Magnetic Sensor Import & Export List
Table 2020-2030 Austria Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Austria Magnetic Sensor Import & Export List
Table 2020-2030 Poland Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Poland Magnetic Sensor Import & Export List
Table 2020-2030 Russia Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Russia Magnetic Sensor Import & Export List
Table 2020-2030 Mea Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Mea Magnetic Sensor Demand List By Application
Table 2020-2025 Mea Magnetic Sensor Key Players Sales List
Table 2020-2025 Mea Magnetic Sensor Key Players Market Share List
Table 2020-2030 Mea Magnetic Sensor Demand List By Type
Table 2020-2025 Mea Magnetic Sensor Price List By Type
Table 2020-2030 Egypt Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Egypt Magnetic Sensor Import & Export List
Table 2020-2030 Israel Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Israel Magnetic Sensor Import & Export List
Table 2020-2030 South Africa Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 South Africa Magnetic Sensor Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Magnetic Sensor Import & Export List
Table 2020-2030 Turkey Magnetic Sensor Market Size And Market Volume List
Table 2020-2030 Turkey Magnetic Sensor Import & Export List
Table 2020-2025 Global Magnetic Sensor Market Size List By Region
Table 2020-2025 Global Magnetic Sensor Market Size Share List By Region
Table 2020-2025 Global Magnetic Sensor Market Volume List By Region
Table 2020-2025 Global Magnetic Sensor Market Volume Share List By Region
Table 2020-2025 Global Magnetic Sensor Demand List By Application
Table 2020-2025 Global Magnetic Sensor Demand Market Share List By Application
Table 2020-2025 Global Magnetic Sensor Key Vendors Sales List
Table 2020-2025 Global Magnetic Sensor Key Vendors Sales Share List
Table 2020-2025 Global Magnetic Sensor Key Vendors Revenue List
Table 2020-2025 Global Magnetic Sensor Key Vendors Revenue Share List
Table 2020-2025 Global Magnetic Sensor Demand List By Type
Table 2020-2025 Global Magnetic Sensor Demand Market Share List By Type
Table 2020-2025 Regional Magnetic Sensor Price List
Table 2025-2030 Global Magnetic Sensor Market Size List By Region
Table 2025-2030 Global Magnetic Sensor Market Size Share List By Region
Table 2025-2030 Global Magnetic Sensor Market Volume List By Region
Table 2025-2030 Global Magnetic Sensor Market Volume Share List By Region
Table 2025-2030 Global Magnetic Sensor Demand List By Application
Table 2025-2030 Global Magnetic Sensor Demand Market Share List By Application
Table 2025-2030 Global Magnetic Sensor Key Vendors Sales List
Table 2025-2030 Global Magnetic Sensor Key Vendors Sales Share List
Table 2025-2030 Global Magnetic Sensor Key Vendors Revenue List
Table 2025-2030 Global Magnetic Sensor Key Vendors Revenue Share List
Table 2025-2030 Global Magnetic Sensor Demand List By Type
Table 2025-2030 Global Magnetic Sensor Demand Market Share List By Type
Table 2025-2030 Magnetic Sensor Regional Price List

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Magnetic Sensor Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Magnetic Sensor Market Size And Cagr
Figure 2020-2030 North America Magnetic Sensor Market Volume And Cagr
Figure 2020-2030 South America Magnetic Sensor Market Size And Cagr
Figure 2020-2030 South America Magnetic Sensor Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Magnetic Sensor Market Size And Cagr
Figure 2020-2030 Asia & Pacific Magnetic Sensor Market Volume And Cagr
Figure 2020-2030 Europe Magnetic Sensor Market Size And Cagr
Figure 2020-2030 Europe Magnetic Sensor Market Volume And Cagr
Figure 2020-2030 Mea Magnetic Sensor Market Size And Cagr
Figure 2020-2030 Mea Magnetic Sensor Market Volume And Cagr
Figure 2020-2025 Global Magnetic Sensor Market Volume And Growth Rate
Figure 2020-2025 Global Magnetic Sensor Market Size And Growth Rate
Figure 2025-2030 Global Magnetic Sensor Market Volume And Growth Rate
Figure 2025-2030 Global Magnetic Sensor Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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