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On-Board Magnetic Sensor Market by Type (Hall Effect Sensors, Magnetoresistive Sensors, Squid Sensors), Magnetic Density (<1 Microgauss, 1 Microgauss–10 Gauss, and >10 Gauss), Vertical, Geography - Global Forecast to 2023

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Date: 14-May-2018
No. of pages: 134
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“On-board magnetic sensor market estimated to grow at a CAGR of 8.4% between 2018 and 2023”

The overall on-board magnetic sensor market is estimated to be worth USD 1.26 billion in 2018 and expected to reach USD 1.89 billion by 2023, growing at a CAGR of 8.4% between 2018 and 2023.The key factors contributing to the growth of the on-board magnetic sensor market are continuous growth in the use of on-board magnetic sensors for consumer electronics applications and role of on-board magnetic sensors in navigation. However, the inconsistent magnetic field is the key restraints for the growth of the on-board magnetic sensor market. The scope for on-board magnetic sensors in the hybrid and electric vehicles market is the major opportunity for the studied market.

“Hall effect sensors expected to hold largest market size during forecast period”

For most of the consumer electronics and automotive applications, a Hall effect sensor is one of the most apparent choices owing to its non contacting feature, durability, and robustness to dirt and other environmental contaminants. Thus, Hall effect sensors are expected to hold the leading position in the on-board magnetic sensor market between 2018 and 2023.

“On-board magnetic sensor market in APAC expected to grow at highest CAGR during forecast period”

APAC is expected to be the fastest-growing market. The on-board magnetic sensor market in APAC is divided into India, China, Japan, South Korea, and Rest of APAC. This growth is mainly due to the increasing demand for Hall effect sensors for industrial automation applications in automotive and consumer electronics industries in emerging economies such as China and India. In addition, continuous technological advancements and connectivity of Hall effect sensors with IoT would drive the market growth in APAC during the forecast period.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts.

The breakup of the profiles of primary participants has been given below:


  • By Company Type: Tier 1—45%, Tier 2—30%, and Tier 3—25%

  • By Designation: Managers—60% and C-Level Executives—40%

  • By Region: Americas—45%, Europe—35%, APAC—15%, and RoW—5%


The key market players profiled in this report are as follows:


  • Asahi Kasei Micro devices (Japan)

  • Sanken Electric (Allegro Subsidiary) (Japan)

  • Infineon Technologies (Germany)

  • TDK Corporation (Japan)

  • Melexis NV (Belgium)

  • Murata Manufacturing (Japan)

  • Honeywell International (US)

  • TE Connectivity (Switzerland)

  • AMS (Austria)

  • NXP Semiconductors N.V. (Netherlands)


Research Coverage:

The report on the on-board magnetic sensor market covers the market segmented on the basis of the following segments: type, vertical, magnetic density, and geography. The market has been segmented on the basis of type into Hall effect sensors, magneto resistive sensors, SQUID sensors, and others. Based on vertical, the on-board magnetic sensor market has been classified into automotive, consumer electronics, healthcare, aerospace & defense, industrial, and others. The market, on the basis of magnetic density, has been segmented into <1 micro gauss, 1 micro gauss to 10 gauss, and >10 gauss.

Key Benefits of Buying the Report:


  • Illustrative segmentation, analysis, and forecast for the market on the basis of type, vertical, magnetic density, and geography have been conducted to give the overall view of the on-board magnetic sensor market.

  • The value chain analysis is provided to provide an in-depth insight into the on-board magnetic sensor market.

  • Major drivers, restraints, opportunities, and challenges for the on-board magnetic sensor market have been detailed in this report.

  • The report includes a detailed competitive landscape and revenue of the key players.

On-Board Magnetic Sensor Market by Type (Hall Effect Sensors, Magnetoresistive Sensors, Squid Sensors), Magnetic Density (<1 Microgauss, 1 Microgauss–10 Gauss, and >10 Gauss), Vertical, Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in On-Board Magnetic Sensor Market
4.2 On-Board Magnetic Sensor Market, By Magnetic Density
4.3 On-Board Magnetic Sensor Market in APAC
4.4 Growth of Leading Countries/Regions in On-Board Magnetic Sensor Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Continuous Growth in the Use of On-Board Magnetic Sensors for Consumer Electronics Applications
5.2.1.2 Role of On-Board Magnetic Sensors in Navigation
5.2.2 Restraints
5.2.2.1 Inconsistent Magnetic Field
5.2.3 Opportunities
5.2.3.1 Scope for On-Board Magnetic Sensors in the Hybrid and Electric Vehicles Market
5.2.3.2 Growing On-Board Magnetic Sensor Market for IoT
5.2.4 Challenges
5.2.4.1 Product Differentiation and Innovation to Meet End Users’ Requirements
5.3 Value Chain Analysis

6 Applications of On-Board Magnetic Sensors
6.1 Introduction
6.2 Speed Sensing
6.3 Detection/NDT
6.4 Position Sensing
6.5 Navigation and Electronic Compass

7 On-Board Magnetic Sensor Market, By Type
7.1 Introduction
7.2 Hall Effect Sensors
7.3 Magnetoresistive Sensors
7.4 Squid Sensors
7.5 Others
7.5.1 Fluxgate Sensors
7.5.2 Optically Pumped
7.5.3 Magnetodiode
7.5.4 Magneto-Optical
7.5.5 Search Coil
7.5.6 Magnetoinductive
7.5.7 Overhauser
7.5.8 Reed

8 On-Board Magnetic Sensor Market, By Vertical
8.1 Introduction
8.2 Automotive
8.3 Consumer Electronics
8.4 Healthcare
8.5 Aerospace & Defense
8.6 Industrial
8.7 Others

9 On-Board Magnetic Sensor Market, By Magnetic Density
9.1 Introduction
9.2 <1 Microgauss (Low-Field Sensors)
9.3 1 Microgauss to 10 Gauss (Earth Field Sensors)
9.4 >10 Gauss (Bias Magnetic Field Sensors)

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of APAC
10.5 RoW
10.5.1 South America
10.5.2 Middle East and Africa

11 Competitive Landscape
11.1 Introduction
11.2 Ranking Analysis: 2017
11.3 Competitive Scenario
11.3.1 Product Launches (2014–2018)
11.3.2 Merger & Acquisition (2014-2017)
11.3.3 Expansion, Agreement, and Collaboration, 2017-2014

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Asahi Kasei Microdevices
12.2 Infineon Technologies
12.3 TDK Corporation
12.4 Melexis NV
12.5 Sanken Electric
12.6 Murata Manufacturing
12.7 Honeywell International
12.8 TE Connectivity
12.9 Austria Mikro Systeme (AMS) AG
12.10 NXP Semiconductors N.V.
12.11 Sensoronix
12.12 Macome
12.13 Sensitec
12.14 Memsic
12.15 Kohshin Electric

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details

List of Tables

Table 1 On-Board Magnetic Sensor Market, By Type, 2015–2023 (USD Million)
Table 2 On-Board Magnetic Sensor Market for Hall Effect Sensors, By Vertical, 2015–2023 (USD Million)
Table 3 Advantages and Applications of Magnetoresistive Sensors
Table 4 On-Board Magnetic Sensor Market for Magnetoresistive Sensors, By Vertical, 2015–2023 (USD Million)
Table 5 On-Board Magnetic Sensor Market for Squid Sensors, By Vertical, 2015–2023 (USD Million)
Table 6 On-Board Magnetic Sensor Market for Other Sensors, By Vertical, 2015–2023 (USD Million)
Table 7 On-Board Magnetic Sensor Market, By Vertical, 2015–2023 (USD Million)
Table 8 On-Board Magnetic Sensor Market for Automotive Vertical, By Type, 2015–2023 (USD Million)
Table 9 On-Board Magnetic Sensor Market for Automotive Vertical, By Region, 2015–2023 (USD Million)
Table 10 On-Board Magnetic Sensor for Consumer Electronics Vertical, By Type, 2015–2023 (USD Million)
Table 11 On-Board Magnetic Sensor Market for Consumer Electronics Vertical, By Region, 2015–2023 (USD Million)
Table 12 On-Board Magnetic Sensor Market for Healthcare Vertical, By Type, 2015–2023 (USD Million)
Table 13 On-Board Magnetic Sensor Market for Healthcare Vertical, By Region, 2015–2023 (USD Million)
Table 14 On-Board Magnetic Sensor Market for Aerospace & Defense Vertical, By Type, 2015–2023 (USD Million)
Table 15 On-Board Magnetic Sensor Market for Aerospace & Defense Vertical, By Region, 2015–2023 (USD Million)
Table 16 On-Board Magnetic Sensor Market for Industrial Vertical, By Type, 2015–2023 (USD Million)
Table 17 On-Board Magnetic Sensor Market for Industrial Vertical, By Region, 2015–2023 (USD Million)
Table 18 On-Board Magnetic Sensor Market for Other Verticals, By Type, 2015–2023 (USD Million)
Table 19 On-Board Magnetic Sensor Market for Other Verticals, By Region, 2015–2023 (USD Million)
Table 20 On-Board Magnetic Sensor Market, By Density, 2015–2023 (USD Million)
Table 21 On-Board Magnetic Sensor Market, By Region, 2015–2023 (USD Million)
Table 22 on Board Magnetic Sensor Market in North America, By Country, 2015-2023 (USD Million)
Table 23 On-Board Magnetic Sensor Market in North America for Aerospace & Defense, By Country, 2015–2023 (USD Million)
Table 24 On-Board Magnetic Sensor Market in North America for Automotive Vertical, By Country, 2015–2023 (USD Million)
Table 25 On-Board Magnetic Sensor Market in North America for Consumer Electronics, By Country, 2015–2023 (USD Million)
Table 26 On-Board Magnetic Sensor Market in North America for Healthcare Vertical, By Country, 2015–2023 (USD Million)
Table 27 On-Board Magnetic Sensor Market in North America for Industrial Vertical, By Country, 2015–2023 (USD Million)
Table 28 On-Board Magnetic Sensor Market in North America for Other Verticals, By Country, 2015–2023 (USD Million)
Table 29 on Board Magnetic Sensor Market in US, By Verticals, 2015-2023 (USD Million)
Table 30 on Board Magnetic Sensor Market in Canada, By Verticals, 2015-2023 (USD Million)
Table 31 on Board Magnetic Sensor Market in Mexico, By Verticals, 2015-2023 (USD Million)
Table 32 on Board Magnetic Sensor Market in Europe, By Country, 2015-2023 (USD Million)
Table 33 On-Board Magnetic Sensor Market in Europe for Aerospace & Defense Vertical, By Country, 2015–2023 (USD Thousand)
Table 34 On-Board Magnetic Sensor Market in Europe for Automotive Vertical, By Country, 2015–2023 (USD Million)
Table 35 On-Board Magnetic Sensor Market in Europe for Consumer Electronics Vertical, By Country, 2015–2023 (USD Million)
Table 36 On-Board Magnetic Sensor Market in Europe for Healthcare Vertical, By Country, 2015–2023 (USD Thousand)
Table 37 On-Board Magnetic Sensor Market in Europe for Industrial Vertical, By Country, 2015–2023 (USD Million)
Table 38 On-Board Magnetic Sensor Market in Europe for Other Verticals, By Country, 2015–2023 (USD Thousand)
Table 39 on Board Magnetic Sensor Market in Germany, By Verticals, 2015-2023 (USD Million)
Table 40 on Board Magnetic Sensor Market in UK, By Verticals, 2015-2023 (USD Million)
Table 41 on Board Magnetic Sensor Market in France, By Verticals, 2015-2023 (USD Million)
Table 42 on Board Magnetic Sensor Market in Italy, By Verticals, 2015-2023 (USD Million)
Table 43 on Board Magnetic Sensor Market in Rest of Europe, By Verticals, 2015-2023 (USD Million)
Table 44 on Board Magnetic Sensor Market in APAC, By Country, 2015-2023 (USD Million)
Table 45 On-Board Magnetic Sensor Market in APAC for Aerospace & Defense Vertical, By Country, 2015–2023 (USD Thousand)
Table 46 On-Board Magnetic Sensor Market in APAC for Automotive Vertical, By Country, 2015–2023 (USD Million)
Table 47 On-Board Magnetic Sensor Market in APAC for Consumer Electronics Vertical, By Country, 2015–2023 (USD Million)
Table 48 On-Board Magnetic Sensor Market in APAC for Healthcare Vertical, By Country, 2015–2023 (USD Thousand)
Table 49 On-Board Magnetic Sensor Market in APAC for Industrial Vertical, By Country, 2015–2023 (USD Million)
Table 50 On-Board Magnetic Sensor Market in APAC for Other Verticals, By Country, 2015–2023 (USD Million)
Table 51 on Board Magnetic Sensor Market in China, By Verticals, 2015-2023 (USD Million)
Table 52 on Board Magnetic Sensor Market in Japan, By Verticals, 2015-2023 (USD Million)
Table 53 on Board Magnetic Sensor Market in South Korea, By Verticals, 2015-2023 (USD Million)
Table 54 on Board Magnetic Sensor Market in India, By Verticals, 2015-2023 (USD Million)
Table 55 on Board Magnetic Sensor Market in Rest of APAC, By Verticals, 2015-2023 (USD Million)
Table 56 on Board Magnetic Sensor Market in RoW, By Country, 2015-2023 (USD Million)
Table 57 On-Board Magnetic Sensor Market in RoW for Aerospace & Defense Vertical, By Region, 2015–2023 (USD Thousand )
Table 58 On-Board Magnetic Sensor Market in RoW for Automotive Vertical, By Region, 2015–2023 (USD Million)
Table 59 On-Board Magnetic Sensor Market in RoW for Consumer Electronics Vertical, By Region, 2015–2023 (USD Million)
Table 60 On-Board Magnetic Sensor Market in RoW for Healthcare Vertical, By Region, 2015–2023 (USD Thousand )
Table 61 On-Board Magnetic Sensor Market in RoW for Industrial Vertical, By Region, 2015–2023 (USD Million)
Table 62 On-Board Magnetic Sensor Market in RoW for Other Verticals, By Region, 2015–2023 (USD Thousand)
Table 63 on Board Magnetic Sensor Market in South America, By Verticals, 2015-2023 (USD Million)
Table 64 on Board Magnetic Sensor Market in Middle East, By Verticals, 2015-2023 (USD Million)
Table 65 on Board Magnetic Sensor Market in Africa, By Verticals, 2015-2023 (USD Million)
Table 66 Ranking of Top 5 Players in On-Board Magnetic Sensor Market

List of Figures

Figure 1 Market Segmentation
Figure 2 On-Board Magnetic Sensor Market: Research Design
Figure 3 Research Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Magnetoresistive Sensors to Exhibit Highest CAGR in On-Board Magnetic Sensor Market Between 2018 and 2023
Figure 8 Bias Field Sensor (>10gauss) to Hold Largest Market Size in 2018
Figure 9 Industrial Vertical to Exhibit Highest CAGR in On-Board Magnetic Sensor Market Between 2018 and 2023
Figure 10 On-Board Magnetic Sensor Market, By Region, 2018
Figure 11 On-Board Magnetic Sensor Market Expected to Grow at Significant Rate Owing to Increasing Demand for Magnetoresistive Magnetic Sensors Between 2018 and 2023
Figure 12 >10 Gauss to Hold Largest Market Size of During Forecast Period
Figure 13 China to Account for Largest Share of On-Board Magnetic Sensor Market in APAC in 2018
Figure 14 China to Exhibit Highest CAGR in On-Board Magnetic Sensor Market Between 2018 and 2023
Figure 15 Continuous Growth in the Use of On-Board Magnetic Sensors for Consumer Electronics Applications and Role of On-Board Magnetic Sensors Navigation Drive the On-Board Magnetic Sensor Market
Figure 16 Increasing Demand for Hybrid and Electric Vehicles Between 2015 and 2040
Figure 17 Value Chain Analysis for the On-Board Magnetic Sensor Market
Figure 18 Snapshot of On-Board Magnetic Sensor Types With Their Magnetic Flux Density and Applications
Figure 19 Geographic Snapshot of On-Board Magnetic Sensor Market (2018–2023)
Figure 20 Snapshot of On-Board Magnetic Sensor Market in Europe
Figure 21 On-Board Magnetic Sensor Market Snapshot in APAC
Figure 22 Companies Adopted Product Launches as Key Growth Strategy Between 2015 and 2016
Figure 23 Asahi Kasei Microdevices: Company Snapshot
Figure 24 Infineon Technologies: Company Snapshot
Figure 25 TDK Corporation: Company Snapshot
Figure 26 Melexis NV: Company Snapshot
Figure 27 Sanken Electric: Company Snapshot
Figure 28 Murata Manufacturing: Company Snapshot
Figure 29 Honeywell International: Company Snapshot
Figure 30 TE Connectivity: Company Snapshot
Figure 31 AMS: Company Snapshot
Figure 32 NXP Semiconductors N.V.: Company Snapshot

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