Global MEMS Magnetic Sensors Market 2016-2020

  • Published: Jan 2016
  • Pages: 51
  • SKU: IRTNTR8323
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This market study includes a detailed segmentation of the global MEMS magnetic sensors market by end users (automotive, wireless and communications, military and medical, and security and surveillance). It also provides a comprehensive analysis of the market shares for key geographies, including APAC, Americas, and EMEA. The leading vendors analyzed in this market research are Infineon, Honeywell, Allegro Microsystems, and Bosch.

Overview of the global MEMS magnetic sensors market

Technavio’s market research analyst predicts the global micro-electro-mechanical systems (MEMS) magnetic sensors market to grow at an impressive CAGR of more than 19% by 2020. Since the automotive sector is the largest consumer of MEMS magnetic sensors, the increasing popularity of e-compasses due to their ability to enhance the users' navigation experience will result in its augmented implementation in automobiles during the forecast period. Additionally, its growing application in mobile phones, tablets, and white goods will foster the prospects for growth in this market during the forecast period.

In this market study, analysts have estimated eminent factors, such as the emerging consumer electronics applications of MEMS magnetic sensors, to drive market growth during the forecast period. MEMS magnetic sensors provide solutions based on current sensing, position sensing, angular sensing, and switching. Therefore, these sensors are gaining traction in various consumer applications like cameras, flat panels, printers, and scanners. Furthermore, the advent of technologies such as gesture recognition and controls used in smartphones and gaming consoles will enhance the prospects for growth in this market until 2020.

Geographical segmentation of the MEMS magnetic sensors market

  • Americas
  • APAC
  • EMEA

Technavio’s market research analysts have estimated the APAC region to be the largest market for MEMS magnetic sensors during the forecast period. Due to the high economic growth of countries like China, India, and South Korea, the consumption of cars, smartphones, and tablets have increased rapidly. Since MEMS magnetic sensors are incorporated in cars, smartphones, and tablets for their efficient functioning, an increase in the demand for consumer goods will result in the steady growth of this market in APAC during the forecast period.

Competitive landscape and key vendors

The global MEMS magnetic sensors market is highly fragmented owing to the presence of numerous large and small providers. In this market, many OEMs are looking to save space by incorporating miniature components. This growing demand for miniature components will result in the entry of new market vendors, which in turn will further enhance the level of competition until 2020.  

Key vendors in the market are -

  • Allegro Microsystems
  • Bosch
  • Honeywell
  • Infineon

Other prominent vendors in the market include Asahi Kasei Microsystems, Aichi Steel, Diodes, Melexis, MEMSIC, Micronas, Yamaha, Alps Electric, and STMicroelectronics.      

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global MEMS magnetic sensors market?
  • What are the key market trends impacting the growth of the global MEMS magnetic sensors market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global MEMS magnetic sensors market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global MEMS magnetic sensors market?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Product offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Technology landscape

  • Overview
  • MEMS technology

PART 06: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 07: Market segmentation by application

  • End-user applications of MEMS magnetic sensors
  • Year-over-year (YoY) percentage growth
  • MEMS magnetic sensors in the automotive industry
  • MEMS magnetic sensors in wireless and communication sector
  • MEMS magnetic sensors in healthcare sector
  • MEMS magnetic sensors in surveillance and security sector

PART 08: Geographical segmentation

  • Market share by region 2015
  • Market share by region 2020
  • YoY market growth by region
  • Americas
  • EMEA
  • APAC

PART 09: Key leading countries

PART 10: Market drivers

  • Reduced product size and low manufacturing cost
  • Improved efficiency of automotive industry
  • High efficiency and performance
  • Emerging consumer electronics applications
  • Government regulations encouraging energy-efficient appliances

PART 11: Impact of drivers

PART 12: Market challenges

  • Effect of temperature on sensor operation
  • Background noise affecting performance
  • Lengthy design phase increases time-to-market
  • Need for continual optimization of technology
  • Functional and operational issues

PART 13: Impact of drivers and challenges

PART 14: Market trends

  • Growing adoption of wearable devices
  • Rising popularity of electronic compasses
  • Development of indoor navigation
  • Advanced MEMS packaging

PART 15: Vendor landscape

  • Competitive scenario
  • Key vendors
  • Asahi Kasei Microsystems
  • Allegro Microsystems
  • Honeywell
  • Infineon Technologies
  • Bosch
  • Other prominent vendors

PART 16: Key suggestions for investors and vendors

PART 17: Appendix

  • List of abbreviations

PART 18: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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