Tunneling Magnetoresistance (TMR) Sensors Market, Global Outlook and Forecast 2023-2032

Tunneling Magnetoresistance (TMR) Sensors Market, Global Outlook and Forecast 2023-2032

Published On : October 2023

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Report Studies • The global Tunneling Magnetoresistance (TMR) Sensors market was valued at US$ 212 million in 2022 and is projected to reach US$ 267.7 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

• A TMR sensor element is a magnetic sensor element using the Tunnel Magneto-Resistance effect (TMR effect).

• TMR (Tunnel Magneto Resistance) is a new technology, using magneto resistance effect sensors for industrial applications in recent years. It's tunnel magneto resistance effect is induced by magnetic multilayer film material, the rate of resistance change of TMR performs better than AMR's and GMR's. We usually refer TMR to Magnetic Tunnel Junction (MTJ).

Comparing with the Hall element, the MTJ element has better thermal stability, higher sensitivity, lower power consumption, better linearity, no additional polyethylene magnetic circular structure. Relative to AMR, TMR has better temperature stability, higher sensitivity, wider linear range and no additional set / reset coil structure.

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By Types

by Product Type

Analog

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Digital

by Magnetic Polarity Response

Omnipolar

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Biopolar

Unipolar

By Applications • Automotive Electronic • Industrial Equipment • Consumer Electronic • Medical Instruments

$50,000

$40,000

$35,000 $30,000 $25,000

$30,000

$20,000

$20,000 $15,000 $10,000

$10,000

$0

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$5,000 $0

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