The On-Board Magnetic Sensor Market was valued at USD 1.16 Billion in 2017 and is estimated to reach USD 1.89 Billion by 2023, at a CAGR of 8.4% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. The objective of the report is to provide a detailed analysis of the on-board magnetic sensor market on the basis of type, vertical, magnetic density, and geography. The report provides detailed information regarding the major factors influencing the growth of the on-board magnetic sensor market. The report also provides a detailed overview of the value chain of the on-board magnetic sensor market.

The research methodology used to estimate and forecast the on-board magnetic sensor market begins with obtaining data through secondary research from the International Frequency Sensor Association (IFSA), the European Magnetism Association, and the Nanotechnology World Association. The offerings of the on-board magnetic sensor providers have also been considered to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the on-board magnetic sensor market from the revenue of key players. After arriving at the overall market size, the overall market has been split into several segments and subsegments, which then has been verified through primary research by conducting extensive interviews with officials such as CEOs, VPs, directors, and executives, holding key positions in the industry. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

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Players operating in the on-board magnetic sensor market are Asahi Kasei Microdevices (Japan), Sanken Electric (Allegro Subsidiary) (Japan), Infineon Technologies (Germany), TDK Corporation (Japan), and Melexis NV (Belgium), Murata Manufacturing (Japan), Honeywell International (US), TE Connectivity (Switzerland), AMS (Austria), and NXP Semiconductors N.V. (Netherlands).

Target Audience of On-board Magnetic Sensor Market Report:

Magnetic sensor manufacturers
Automotive and consumer electronics companies
Semiconductor component suppliers
Magnetic sensor distributors, sales firms
Electronic system assemblers
Technology solution providers, design contractors
Electronics and semiconductor companies
Magnetic sensor material suppliers
Technology standards organizations, forums, alliances, and associations
Universities and research organizations
Government bodies
The key players such as Asahi Kasei Microdevices (Japan), Sanken Electric (Allegro Subsidiary) (Japan), Infineon Technologies (Germany), TDK Corporation (Japan), and Melexis NV (Belgium) operating in the studied market are focusing on the strategies such as product launches, agreements, partnerships, collaborations, mergers and acquisitions, and expansions to enhance their portfolio of product offerings and expand their business.

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