Who are the major hall effect sensors industry players?

AKM (Asahi Kasei Microdevices), Allegro MicroSystems, Analog Devices, Honeywell International, Infineon Technologies, TDK Corporation, and TE Connectivity among others.

Why is the hall effect sensors market growing in Asia Pacific?

Asia Pacific market held 41% revenue share in 2023 and will expand rapidly through 2032, driven by growing adoption with solar and wind energy projects.

Why is the demand for linear hall effect sensors rising?

Linear hall effect sensors market recorded over 55% share in 2023 and will expand rapidly through 2032, as they offer higher precision and accuracy in measuring linear displacement, position, and motion.

How much is the hall effect sensors industry worth?

The market size for hall effect sensors was valued at USD 2.3 billion in 2023 and is estimated to register over 6% CAGR between 2024 and 2032, driven by the growing automotive industry.

Hall Effect Sensors Market Share

Report ID: GMI10063

Published Date: June 2024

Report Format: PDF

Download Free PDF

Hall Effect Sensors Market Share

Honeywell International, Analog Devices and Infineon Technologies holds significant market share of 36% in the hall effect sensors industry and are majorly investing in product innovation and development to expand their market share. Honeywell International is a leading supplier of hall effect sensor Integrated Circuits (ICs). It offers a wide range of sensors including linear hall effect sensors, digital switches, and magnetic position sensors. Its products find applications in automotive, industrial, and consumer electronics sectors.

Infineon is a prominent semiconductor manufacturer that produces Hall effect sensor ICs and sensor solutions. The company offers sensors for automotive applications such as wheel speed sensing, throttle position sensing, and current sensing. Infineon's hall effect sensors are also used in industrial and consumer electronics.

Hall Effect Sensors Market Companies

Major players operating in the hall effect sensors industry are:

AKM (Asahi Kasei Microdevices)
Allegro MicroSystems
Analog Devices
Honeywell International
Infineon Technologies
TDK Corporation
TE Connectivity

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Question(FAQ) :

Who are the major hall effect sensors industry players?: AKM (Asahi Kasei Microdevices), Allegro MicroSystems, Analog Devices, Honeywell International, Infineon Technologies, TDK Corporation, and TE Connectivity among others.
Why is the hall effect sensors market growing in Asia Pacific?: Asia Pacific market held 41% revenue share in 2023 and will expand rapidly through 2032, driven by growing adoption with solar and wind energy projects.
Why is the demand for linear hall effect sensors rising?: Linear hall effect sensors market recorded over 55% share in 2023 and will expand rapidly through 2032, as they offer higher precision and accuracy in measuring linear displacement, position, and motion.
How much is the hall effect sensors industry worth?: The market size for hall effect sensors was valued at USD 2.3 billion in 2023 and is estimated to register over 6% CAGR between 2024 and 2032, driven by the growing automotive industry.

Related Reports

Authors: Preeti Wadhwani, Aishvarya Ambekar

Buy Now

Single User: $4,123 $4,850

15% off

Multi User: $4,840 $6,050

20% off

Enterprise User: $5,845 $8,350

30% off

Buy now

Premium Report Details

Base Year: 2023

Companies covered: 19

Tables & Figures: 360

Countries covered: 23

Pages: 240

Download Free PDF

Hall Effect Sensors Market Share

Hall Effect Sensors Market Share

Hall Effect Sensors Market Companies

Premium Report Details

Industries

Information

Link

Global Headquarters