Magnetic Sensors Report - 2018

Magnetic Sensors Report - 2018

November 30, 2018  | Subscribers Only

Richard Dixon, PhD Richard Dixon, PhD Senior Principal Analyst, MEMS & Sensors
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The market for semiconductor-based Hall and magnetoresistive magnetic sensor elements, sensor ICs and switches reached $2.0 billion in 2017 and will grow to $3.2 billion in 2024—a CAGR of 6.8%.

The automotive segment is back in the driving seat as the sector with the most demand for magnetic sensors. Moreover, by 2024 63% of the market value will come from sensors, addressing more than 60 different automotive applications, and the value is being driven by electrification of the engine and functional safety systems, which add new kinds of sensor applications and an increased device silicon area, stabilizing price erosion. Most suppliers had a great year in 2017 and during 2018.

On the other hand, the consumer electronics and appliances, and especially mobile devices are suffering from commoditization. The companies with the best chances are those that cover many industrial segments and that have access to a wide technology portfolio to allow higher market access.

This report addresses key opportunities, disruptive forces, technology battlegrounds, supply chain, and market information for the various semiconductor magnetic sensors including Hall, GMR, AMR, and promising emerging technologies such as TMR.

Richard Dixon, PhD

Senior Principal Analyst, MEMS & Sensors

Richard Dixon is a senior principal analyst for MEMS research and author of more than 50 MEMS-related consulting and market research studies. He is a world-renowned expert on automotive MEMS and magnetic sensors used in safety, powertrain and body applications.

Research by Market
MEMS & Sensors
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