Magnetic Angle Encoder IC Market Emerging Trends, Technological Advancements, and Business Strategie

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Introduction to Magnetic Angle Encoder IC :

A magnetic angle encoder IC is an integrated circuit used to measure and encode the rotational angle of a shaft or other rotating components using magnetic fields. It typically consists of a magnetic sensor (such as a Hall effect sensor) and associated circuitry to process and convert the magnetic field variations into a precise digital or analog representation of the angle.

Magnetic Angle Encoder IC Market Size & Growth :

The Global Magnetic Angle Encoder IC Market was valued at US$ 172.5 million in 2024 and is projected to reach US$ 276.1 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period (2024-2030).

CAGR OF 7.5 % (2024-2030)

By Type :

Hall Effect Magnetic Angle Encoder IC

AMR Magnetic Angle Encoder IC

GMR Magnetic Angle Encoder IC

TMR Magnetic Angle Encoder IC

By Application :

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