Global Magnetic Position Sensors Market 2024-2030

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    MAGNETIC POSITION SENSORS MARKET

     

    INTRODUCTION TO MAGNETIC POSITION SENSORS MARKET

    Magnetic fields can be detected as flux, strength, and directions using magnetic position sensors. Measurement and detection of magnetic fields have long been crucial operations in numerous applications .

     

    Infographics-Magnetic Position Sensors Market, Magnetic Position Sensors Market Size, Magnetic Position Sensors Market Trends, Magnetic Position Sensors Market Forecast, Magnetic Position Sensors Market Risks, Magnetic Position Sensors Market Report, Magnetic Position Sensors Market Share

     

    The locations, orientations, rotations, and angles of objects, as well as the existence of electric current, can all be monitored using the information gathered from magnetic position  sensors (changes and variations of the magnetic field).

     

    Because of this, magnetic position sensors are used in a variety of products, including those for the military, robotics, space equipment, geophysics, industrial measures, and more. 

     

    Numerous applications call for new magnetic sensors with robustness, versatility, and other critical technological requirements.

     

    Magnetic encoders, permanent magnet linear contactless displacement sensors, magnetoresistive position sensors, fluxgate sensors, resonant sensors, induction magnetometers, linear variable differential transformers, inductosyn, synchros and resolvers,

    Eddy current sensors, variable reluctance sensors, and ferromagnetic and semiconducting magnetoresistors have all been used so far.

     

    MAGNETIC POSITION SENSORS MARKET RECENT DEVELOPMENT AND INNOVATION

     

    SI no Company Developments
    1 Melexis With exceptional stray field immunity (SFI), the new MLX90376 absolute magnetic position sensor IC can handle 360° rotational vehicle applications. The market’s only dual-stacked die PCB-less version of it. Modern sensing for steering and valve applications is provided by the device, which provides system integration up to ASIL D level functional safety. For the electrification of vehicles, the combination of resilience and performance it offers will be valuable.
    2 Allegro Microsystems Allegro 3DMAG position sensors are reliable, high-performing, real 3D magnetic sensing devices that combine substantial expertise in planar and vertical Hall technology. To make the magnetic design and system integration more straightforward, they provide a wide variety of contactless motion detection and are compatible with almost any moving magnet system.  

    The Triaxis high-end range includes the Melexis’s MLX90376 which is based on proprietary technologies. This IC offers a distinctive combination of features that make it ideal for demanding steering wheel angle, throttle valve, and thermal management valve applications. According to ISO 11452-8, the MLX90376 IC demonstrates SFI up to 5mT (4000A/m) for 360-degree rotational applications.

     

    The packaging for this position sensor is available in SMP-4 PCB-less or surface-mount device (SMD) formats. The SMP-4 version facilitates mechanical integration, accelerating design and development. When compared to off-axis tolerances, which are crucial for applications like electric power steering (EPS), the twin stacked die offers a significant advantage. The SOIC-8 (for single-die) and TSSOP-16 (for dual-die) package formats are available for the SMD versions.

     

    The MLX90376 has been created as an ASIL C SEooC in accordance with ISO 26262 and is ASIL compliant. Redundancy for safety-critical applications is provided by specifying a dual-die MLX90376. This enables the device to support system integration up to ASIL D. The MLX90376 provides analog, PWM, SENT, or the particular SENT Short PWM Code (SPC) output options to accommodate a range of applications. 

     

    The variety of Allegro’s 3DMAG sensors available allows for mechanically convenient placement of the sensor and selection of the axes of interest to sense the motion that needs to be quantified.  For rotary or linear motion detection applications, 3DMAG sensors offer a variety of output protocols, from straightforward analog outputs to high-integrity digital interfaces. These sensors can be used to directly program through a variety of interfaces, operate in high fields without saturation, and do away with on-chip concentrators. 

     

    The superior accuracy and on-chip diagnostics of the 3DMAG sensors contribute to an increase in driver, passenger, and public safety for automated and driver-assisted vehicles. They were developed to deliver the measurement accuracy and performance needed to meet the demanding requirements of safety-critical automotive applications. 3DMAG sensors cover all bases with unmatched design freedom for automotive, industrial, and consumer applications.

     

    MAGNETIC POSITION SENSORS MARKET SIZE AND FORECAST

     

    The Global Magnetic Position Sensors 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.

     

    MAGNETIC POSITION SENSORS MARKET NEW PRODUCT LAUNCH

    In order to accommodate a range of operating situations and application requirements, Honeywell offers a broad line of magnetic position sensors, all of which are designed to provide reliable, long-lasting performance and increased product life.

     

    High-accuracy motion control is made possible by Honeywell SMART Magnetic Position Sensors (Superior Measurement, Accuracy, Reliability, and Thinking), which enhances operational effectiveness and safety.

     

    Their non-contact design eliminates mechanical failure mechanisms and measures the linear, angular, or rotating movement of a magnet attached to a moving object. This minimizes wear and tear, increases dependability and longevity, and decreases downtime.

     

    Honeywell Non-contact Hall-effect Sensors use a solid-state Hall-effect IC to sense the rotation of the actuator shaft and then generate a proportional signal in response to the presence or interruption of a magnetic field.

     

    THIS MAGNETIC POSITION SENSORS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Magnetic Position Sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Magnetic Position Sensors and key vendor selection criteria
    3. Where are the Magnetic Position Sensors manufactured? What is the average margin per unit?
    4. Market share of Global Magnetic Position Sensors market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Magnetic Position Sensors in-house
    6. key predictions for next 5 years in Global Magnetic Position Sensors market
    7. Average B-2-B Magnetic Position Sensors market price in all segments
    8. Latest trends in Magnetic Position Sensors market, by every market segment
    9. The market size (both volume and value) of the Magnetic Position Sensors market in 2024-2030 and every year in between?
    10. Production breakup of Magnetic Position Sensors 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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