Automotive Hall Sensors Market, Global Outlook and Forecast 2024-2030

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Report Overview:

 The global key manufacturers of Automotive Hall Sensors include Asahi Kasei Microdevices, LEM, Allegro Microsystems, Infineon Technologies, Honeywell, Melexis, TDK Corporation, Kohshin Electric and Pulse Electronics, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

 Automotive Hall sensors are devices that are used in the automotive industry to measure the position, speed, and direction of various components in a vehicle, such as the crankshaft, camshaft, and wheel speed sensors. They work on the principle of the Hall Effect, which is the production of a voltage difference (Hall voltage) across an electrical conductor, transverse to an electric current in the conductor and a magnetic field perpendicular to the current.

Market Value:

 The global Automotive Hall Sensors market was valued at US$ 378.7 million in 2023 and is projected to reach US$ 603.7 million by 2030, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CAGR of 6.9%

(2022 – 2029)

By Types:

Analog Hall Sensor

Digital Hall Sensor

By Applications:

Commercial Vehicle

Passenger Car

Key players include:

•Asahi Kasei Microdevices

•LEM

•Allegro Microsystems

•Infineon Technologies

•Honeywell

•Melexis

•Including or excluding key companies relevant to your analysis.

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