Magnetic Sensors for Automotive Market
Magnetic Sensors for Automotive Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Magnetic Sensors for Automotive Market Size and Growth
The magnetic sensors for the automotive market are experiencing significant growth, driven by increasing demand for advanced driver-assistance systems (ADAS) and electric vehicles. The market size is projected to reach approximately $2 billion by 2026, reflecting technological advancements and heightened emphasis on safety and efficiency in automotive applications.
Companies Covered
(Covid 19 Impact Covered)
◍ Infineon
◍ Murata
◍ Magnetic Sensors
◍ Asahi Kasei
◍ Yamaha
◍ Robert Bosch
◍ STMicroelectronics
◍ ALPS Electric
◍ Delphi
◍ Hitachi
The automotive magnetic sensors market features key players like Infineon, Murata, and Bosch, innovating in applications such as position sensing, current sensing, and car safety systems. These companies drive market growth through R&D and strategic partnerships, enhancing vehicle performance. Notable sales revenues include Infineon at $10 billion and Bosch at $88 billion.
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Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
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By Product
Linear Magnetic Sensor
Angular Magnetic Sensor
Market Growth
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$ X Billion USD
