Lucintel Forecasts On-board Magnetic Sensor Market To Grow At A Cagr Of 7% To 9% From 2021 To 2026

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According to the recent study the On-Board Magnetic Sensor Market is projected to grow at a CAGR of 7% to 9% from 2021 to 2026. Growth in this market is primarily driven by increasing usage in consumer electronics and automotive sectors, growth in the adoption of on-board magnetic sensor for navigation, and increasing interest of leading manufactures to produce 3D magnetic sensor.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in on-board magnetic sensor market by type (hall effect sensors, magnetoresistive sensors, squid sensors, and others), magnetic density (10 gauss (bias magnetic field sensors)), end use industry (automotive, healthcare, aerospace & defense, industrial, consumer electronics, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/on-board-magnetic-sensor-market.aspx

“>10 gauss (bias magnetic field sensors) market is expected to remain the largest segment during the forecast ...
... period.”
Based on magnetic density, the on-board magnetic sensor market is segmented into 10 gauss (bias magnetic field sensors). Lucintel forecasts that the >10 gauss (bias magnetic field sensors) market is expected to remain the largest segment due to growth in the automotive and consumer electronics sector.
“Within the on-board magnetic sensor market, the industrial segment is expected to remain the largest end use industry.”
Based on end use industry the industrial segment is expected to witness the highest growth over the forecast period due to growing applications of control systems and automation equipment and surge in demand for safety and navigation features.
“Asia pacific will dominate the on-board magnetic sensor market in near future.”
Asia Pacific will remain the largest region during the forecast period due to increase in demand for consumer electronic devices such as laptops, smartphones, and cameras in APAC region.
Download Brochure of this report by clicking on https://www.lucintel.com/on-board-magnetic-sensor-market.aspx
Major players of on-board magnetic sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Asahi Kasei Microdevices, Sanken Electric, Infineon Technologies, TDK Corporation, and Melexis NV are among the major on-board magnetic sensor providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/on-board-magnetic-sensor-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

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Lucintel
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Email: brandon.fitzgerald@lucintel.com
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