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Research and Markets: Global Magnetic Sensors Market to 2018 with Allegro MicroSystems, Asahi Kasei, Infineon Tech & Micronas Semiconductor Dominating

Research and Markets ( has announced the addition of the "Global Magnetic Sensors Market 2014-2018" report to their offering.

The Global Magnetic Sensors market to grow at a CAGR of 7% over the period 2013-2018.

One of the major trends in this market is the miniaturization of magnetic sensors due to their increasing usage in electronic appliances. The size of magnetic sensors has decreased significantly due to advancements in technology, resulting in their use in a greater variety of applications. Since the inception of the giant magnetoresistive type of magnetic sensor, magnetic sensors have further decreased in size. Moreover, the precision and range of sensors has increased considerably. These new sensors are being used in smaller and high-precision products, thereby reducing the weight of the end products while increasing accuracy. As an example, mobile phone manufacturers require low-weight components, hence the availability of low-weight magnetic sensors is proving to be beneficial for these manufacturers

One of the major drivers in this market is the increasing usage of magnetic sensors in automotive and electronic compasses. The Automotive and Electronics industries are the largest end-users of magnetic sensors. Magnetic sensors provide safety as they are used in power trains, air bags, air pressure controls, and fuel systems. The increasing demand for smartphones and tablets also has a positive impact on the market.

Further, the report states that one of the major challenges in the market is the increasing cost of automotive systems. The increasing cost of automotive systems, raw materials, and commodity products is making it difficult for automobile manufacturers to keep their product prices low. Hence, automotive manufacturers are looking for low-cost solutions as an alternative to magnetic sensors.

Key vendors dominating this space are:

  • Allegro MicroSystems Inc.
  • Asahi Kasei Corp.
  • Infineon Technologies AG
  • Micronas Semiconductor Holding AG.

Other vendors mentioned in the report are:

  • Melexis Microelectronic Systems
  • NXP Semiconductors N.V.
  • MEMSIC Inc.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Technology

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

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