The report "Magnetic Sensor Market by Type (Hall Effect, Magnetoresistive (AMR, GMR, TMR), SQUID, Fluxgate)), Range (<1 Microgauss, 1 Microgauss–10 Gauss, and >10 Gauss), Application, End-User Industry, Geography - Global Forecast to 2024", the overall magnetic sensor market is expected to be valued at USD 5.6 billion ... Read more

According to the recent study the magnetic sensor market is projected to reach an estimated $3.1 billion by 2028 from $2.2 billion in 2023, at a CAGR of 7.1% from 2023 to 2028. Growth in this market is primarily driven by increasing usage of magnetic sensors in transportation and consumer electronics industries along with growing demand for IOT technologies in various applications ... Read more