Global Automotive Magnetic Sensor Market 2024-2030

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    Magnetic sensors have a number of significant benefits, including the ability to measure mechanical characteristics like angle of rotation and angular speed without touch, which results in wear-free operation.


    The magnetic sensor is made up of a chip having a magneto resistive component that detects magnetic vectors and a magnet designed to bias magnetic vectors that the magneto resistive component can also detect. It is possible to detect changes in the magnetic vector using the chip that is employed in the sensor.


    This vector observes how a magnetic body responds to changes in the magneto resistive component’s resistance value.

    infographic; Automotive Magnetic Sensor Market, Automotive Magnetic Sensor Market Size, Automotive Magnetic Sensor Market Trends, Automotive Magnetic Sensor Market Forecast, Automotive Magnetic Sensor Market Risks, Automotive Magnetic Sensor Market Report, Automotive Magnetic Sensor Market Share



    Automotive Magnetic Sensor Market

    The Global automotive magnetic sensor market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.



    According to the ISO26262 functional safety standard, the new AS5170 and AS5171 sensors by am AG were created as SEOOC (Safety Element out of Context) devices.


    The AS517x parts are am first magnetic position sensors to offer full data path diagnostics, enabling automotive system OEMs to achieve a higher level of ISO26262 system-level compliance.


    This is in line with am strategy of assisting its customers in meeting the constantly rising demand for automotive safety features built into critical vehicle systems. Precision measurements are possible even for reduced angular excursions down to a minimum arc of 90° thanks to their excellent 12-bit output resolution.


    This means that a variety of safety-critical automotive applications, such as chassis height, gear shifters, electronic power steering, exhaust gas recirculation, brake pedal, and throttle position sensing, are well suited for the am devices.


    The newest member of the 3DMAG family of rotary and linear magnetic-position sensor ICs for automotive and industrial applications, the A31315 sensor, has been released, according to Allegro Micro Systems, Inc., a global provider of power and sensing solutions for motion control and energy-efficient systems.


    In order to measure magnetic-field components along three axes (X, Y, and Z), the new 3DMAG sensors combine Allegro’s tried-and-true planar and vertical Hall-effect technologies. This gives them true 3D-sensing capabilities with a broad magnetic dynamic range without saturation. Integrators face new performance and functional safety challenges as advanced driver-assistance systems (ADAS) and autonomous driving systems advance. 


    To aid in the ongoing electrification of vehicles, Alps Alpine Co., Ltd. has expanded its magnetic sensor lineup with the addition of two new products. The advancement of steering angle detection and electronic shifters builds on prior achievements in the automotive industry.


    The new magnetic sensors from Alps Alpine have an integrated amplifier to support size reductions and satisfy requirements for redundancy in design with single-ended high output of 3Vpp. The dual-die1 model complies with full redundancy design specifications and can be delivered as a single product. The magnetic sensors, which are intended for use in automotive motors, can be used to establish conditions resistant to external magnetic disturbance.


    This is because they have strong magnetic field resistance of 120mT and operate well in high-temperature environments up to 150°C thanks to the use of novel thin-film technology. The TAS4240 TMR-based angle sensor from TDK Corporation broadens its line of tunnel-magnetoresistance (TMR) angle sensors for use in industrial and automotive applications.


    The TAS4240 offers two redundant analogue single-ended SIN/COS outputs and is housed in a small TSSOP8 package. In applications where high performance is required but there is a need for compactness, the sensor enables precise angle measurements.


    Modern TMR technology from TDK takes advantage of its extensive experience in magnetic-sensor technology and successfully incorporates advanced TMR technology into small packages to optimize its sensors. Throughout the sensor’s lifetime and at various temperatures, the angle accuracy is unaffected. The TAS4240 exhibits deterministic behavior in extended magnetic-field ranges, opening up new application opportunities even in demanding settings.


    The MLX9042x series is a new addition to Me lexis’ line of 3D magnetic position sensing products. These sensors are designed for automotive customers on a budget who require absolute position measurement in challenging, noisy environments over a wide temperature range.


    The MLX9042x devices all have output stage drivers and analogue signal conditioning as well as data conversion, signal processing, and Triaxis Hall sensor technology, which was invented by Me lexis.





    1. How many Automotive Magnetic Sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Automotive Magnetic Sensor and key vendor selection criteria
    3. Where is the Automotive Magnetic Sensor manufactured? What is the average margin per unit?
    4. Market share of Global Automotive Magnetic Sensor market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Automotive Magnetic Sensor in-house
    6. key predictions for next 5 years in Global Automotive Magnetic Sensor market
    7. Average B-2-B Automotive Magnetic Sensor market price in all segments
    8. Latest trends in Automotive Magnetic Sensor market, by every market segment
    9. The market size (both volume and value) of the Automotive Magnetic Sensor market in 2024-2030 and every year in between?
    10. Production breakup of Automotive Magnetic Sensor market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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