Global Magnetic Sensors Market 2014-2018

DUBLIN, April 25, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/r49stp/global_magnetic) has announced the addition of the "Global Magnetic Sensors Market 2014-2018" report to their offering. 

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One of the major trends in this market is the miniaturization of magnetic sensors due to their increasing usage in electronic appliances. The size of magnetic sensors has decreased significantly due to advancements in technology, resulting in their use in a greater variety of applications. 

Since the inception of the giant magnetoresistive type of magnetic sensor, magnetic sensors have further decreased in size. Moreover, the precision and range of sensors has increased considerably. These new sensors are being used in smaller and high-precision products, thereby reducing the weight of the end products while increasing accuracy. As an example, mobile phone manufacturers require low-weight components, hence the availability of low-weight magnetic sensors is proving to be beneficial for these manufacturers

According to the report, one of the major drivers in this market is the increasing usage of magnetic sensors in automotive and electronic compasses. The Automotive and Electronics industries are the largest end-users of magnetic sensors. Magnetic sensors provide safety as they are used in power trains, air bags, air pressure controls, and fuel systems. The increasing demand for smartphones and tablets also has a positive impact on the market.

Further, the report states that one of the major challenges in the market is the increasing cost of automotive systems. The increasing cost of automotive systems, raw materials, and commodity products is making it difficult for automobile manufacturers to keep their product prices low. Hence, automotive manufacturers are looking for low-cost solutions as an alternative to magnetic sensors.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

Key Topics Covered: 

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Technology

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Key Leading Countries

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

20. Other Reports in this Series 


Companies Mentioned:

• Allegro MicroSystems Inc.
• Asahi Kasei Corp.
• Infineon Technologies AG
• Micronas Semiconductor Holding AG.

For more information visit http://www.researchandmarkets.com/research/r49stp/global_magnetic

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets