Magnetic Field Sensors Market Size, Share, Opportunities, and Trends by Type (Hall Effect Sensors, Magnetoresistive Sensors, SQUID Sensors, Others), by Component (Hardware, Software, Services), by Application (Flow Rate Sensing, Navigation and Electronic Compass, Position Sensing, Speed Sensing, Detection/NDT, Others), by End-User (Automotive, Consumer Electronics, Healthcare, Aerospace and Defense, Industrial Automation, Transportation, Others), and by Geography – Forecasts from 2025 to 2030

Magnetic Field Sensor Market

Magnetic field sensor market is projected to grow at a CAGR of 5.34% to reach US$5.833 billion in 2030 from US$4.996 billion in 2025.

The rapidly growing automotive industry is driving magnetic field sensors market growth over the projected period. Continuous advancements in the consumer electronics and aerospace & defense industries are further augmenting magnetic field sensors market growth. The proliferation of IoT and the increasing application of these sensors across various industry verticals are increasing the demand for more powerful magnetic field sensors. However, the technical limitations of these sensors are restraining their market growth.

The global magnetic field sensors market report deep dives into the global industry landscape and provides strategic and executive-level insights complemented by data-driven analysis and forecasts. The report is updated regularly to help the decision-makers with actionable intelligence into the current market trends, emerging opportunities, and competitive intelligence. It explores the demand for various types of magnetic field sensors, such as Hall Effect sensors, magnetoresistive sensors, and SQUID sensors, and their adoption across different geographies. The latest technological advancements in the magnetic field sensors sector in addition to key government policies and regulations and macroeconomic factors are also analyzed to present a holistic view of the market.

Magnetic Field Sensors Market Segmentations:

Magnetic Field Sensors Market Segmentation by type:

The magnetic field sensors market is analyzed by type into the following:

• Hall Effect Sensors
• Magnetoresistive Sensors
• SQUID Sensors
• Others

Magnetic Field Sensors Market Segmentation by component:

The report analyzes the magnetic field sensors market by components as below:

• Hardware
• Software
• Services

Magnetic Field Sensors Market Segmentation by application:

The report analyzed the magnetic field sensors market across 6 applications as follows:

• Flow Rate Sensing
• Navigation and Electronic Compass
• Position Sensing
• Speed Sensing
• Detection/NDT
• Others

Magnetic Field Sensor Market Segmentation by end-user:

The report analyzes the magnetic field sensors market by end-user segment as below:

• Automotive
• Consumer Electronics
• Healthcare
• Aerospace and Defense
• Industrial Automation
• Transportation (Railway, Marine)
• Others

Magnetic Field Sensor Market Segmentation by regions:

The study also analyzed the magnetic field sensors market into the following regions, with country-level forecasts and analysis as below:

• North America (USA, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (United Kingdom, Germany, France, Spain, Italy and Others)
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Taiwan, Thailand, Indonesia, and Others)

Magnetic Field Sensor Market Competitive Landscape:Competitive Landscape:

The magnetic field sensors market is marked by the presence of key players such as TE Connectivity, AMS AG, TDK Corporation, Melexis, Alps-Alpine, Allegro Microsystems, Asahi Kasei Microdevices Corporation, Baumer Ltd, Texas Instruments, Infineon Technologies, Analog Devices Inc., and among others.

Magnetic Field Sensor Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Magnetic field sensors market size, forecasts, and trends by different types. The section provides historical revenue data with analysis focusing on key factors driving the adoption, current challenges faced by key market players and what are the major growth areas.
• Magnetic field sensors market size, forecasts, and trends by components, with historical revenue data and analysis.
• Magnetic field sensors market size, forecasts, and trends by application, with historical revenue data and analysis of sales based on applications.
• Magnetic field sensors market size, forecasts, and trends by end-user. The section provides historical revenue data with analysis focusing on major end-user segments.
• Magnetic field sensor market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the magnetic field sensors market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings.
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Magnetic Field Sensors Market Scope:

Report Metric	Details
Magnetic Field Sensor Market Size in 2025	US$4.996 billion
Magnetic Field Sensor Market Size in 2030	US$5.833 billion
Growth Rate	CAGR of 5.34%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Component Application End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Magnetic Field Sensor Market	TE Connectivity AMS AG TDK Corporation Melexis Alps-Alpine
Customization Scope	Free report customization with purchase

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. MAGNETIC FIELD SENSOR MARKET BY TYPE

5.1. Introduction

5.2. Hall Effect Sensors

5.3. Magnetoresistive Sensors

5.4. SQUID Sensors

5.5. Others

6. MAGNETIC FIELD SENSOR MARKET BY COMPONENT

6.1. Introduction

6.2. Hardware 

6.3. Software 

6.4. Services 

7. MAGNETIC FIELD SENSOR MARKET BY APPLICATION

7.1. Introduction

7.2. Flow Rate Sensing

7.3. Navigation and Electronic Compass

7.4. Position Sensing

7.5. Speed Sensing

7.6. Detection/NDT

7.7. Others

8. MAGNETIC FIELD SENSOR MARKET BY END-USER 

8.1. Introduction

8.2. Automotive

8.3. Consumer Electronics

8.4. Healthcare

8.5. Aerospace and Defense

8.6. Industrial Automation

8.7. Transportation (Railway, Marine)

8.8. Others

9. MAGNETIC FIELD SENSOR MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. India

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Indonesia

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. TE Connectivity

11.2. AMS AG

11.3. TDK Corporation

11.4. Melexis

11.5. Alps-Alpine

11.6. Allegro Microsystems

11.7. Asahi Kasei Microdevices Corporation

11.8. Baumer Ltd

11.9. Texas Instruments

11.10. Infineon Technologies

11.11. Analog Devices Inc.

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

TE Connectivity

AMS AG

TDK Corporation

Melexis

Alps-Alpine

Allegro Microsystems

Asahi Kasei Microdevices Corporation

Baumer Ltd

Texas Instruments

Infineon Technologies

Analog Devices Inc.