Magnetic Sensor Market - Top Companies and Manufacturers

Companies Dominating the Magnetic Sensor Landscape

Allegro Microsystems, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Alps Alpine Co., Ltd.
Asahi Kasei Corporation
AMS Technologies AG
Baumer Holding AG
Crocus Technology International, Corp.
Elmos Semiconductor SE
Honeywell International, Inc
Infineon Technologies AG
NXP Semiconductors N.V.

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Magnetic Sensor Market Size & Share, Growth Forecasts 2037

In the News

Infineon Technologies AG has announced to add a new AMR-based angle sensor to its sensor range, with the goal of providing excellent accuracy in low magnetic fields. The XENSIV TLE109A16 product line is intended to meet the demand for extremely precise, quick, and cost-effective angle measurement
Allegro Microsystems, Inc. announced tha launch of A31316 3D Hall-effect position sensor, the latest addition to the company’s 3DMAG™ line of 3D sensors. This new sensor is suitable for automotive safety and advanced driver assistance systems (ADAS) applications that demand a significant amount of adaptability and dependable performance in harsh environments, such as powertrain and chassis applications

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of magnetic sensor is assessed at USD 7.94 billion.

The magnetic sensor market size was valued at USD 7.31 billion in 2024 and is set to reach USD 27.36 billion by the end of 2037, registering around 10.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for oil and energy, and the growing popularity of self-driving vehicles will boost the market growth.

Europe industry is expected to hold 29% of the revenue share by 2037, due to growing number of applications that need accurate measurement and detection of magnetic fields in the region.

The major players in the market include Allegro Microsystems, Inc., Alps Alpine Co., Ltd., Asahi Kasei Corporation, AMS Technologies AG, Baumer Holding AG, Crocus Technology International, Corp., Elmos Semiconductor SE, Honeywell International, Inc, Infineon Technologies AG, NXP Semiconductors N.V.

Magnetic Sensor Market - Top Companies and Manufacturers

Companies Dominating the Magnetic Sensor Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the magnetic sensor market worth?

Why is the demand for magnetic sensor growing?

Which region dominated the majority of magnetic sensor industry share?

Who are the top magnetic sensor companies?