Browse the Report @

https://www.transparencymarketresearch.com/giant-magnetoresistive-sensor-market.html

Giant magnetoresistance (GMR) is primarily a quantum mechanical magnetoresistance effect which is detected in the multilayers composed of alternating non-magnetic as well as ferromagnetic conductive layers. Giant magnetoresistive sensors are employed for speed, position and angle sensing. Major application area of giant magnetoresistive sensor includes consumer electronics, aerospace and defense among others. M

oreover, microelectronics and biotechnology is also some of the prime application area of giant magnetoresistive sensors. The giant magnetoresistive sensor market has been segmented into by application which includes consumer electronics, automotive, healthcare, aerospace & defense, biotechnology, industrial among others. The market for giant magnetoresistive sensor has been segmented geographically into Asia Pacific, Europe, North America, South America and Middle East and Africa.

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=26231

Increasing demand and application of MEMS focused sensors are acting as one of the drivers for the giant magnetoresistive sensor market globally. Application of giant magnetoresistive sensors for sensing magnetic field and electrical currents in industrial sector is one of the major driving factors for the market globally. Moreover, Giant magnetoresistive sensors are primarily implemented in Lab-on-a-Chip devices in order to identify and detect magnetic nanoparticles that are applied as tags for different biomolecules. Rising application of GMR sensors across automotive sector is another major driving factor for the market worldwide.

In 2016, Asia Pacific is leading the market for giant magnetoresistive sensor in terms of revenue, followed by North America and Europe globally. China is leading the market owing to its technological advancement in the field of magnetoresistive sensors, followed by India, Japan, South Korea and Taiwan among others.

Bartington Instruments Ltd (The U.K.), MEMSIC, Inc. (The U.S.), TE Connectivity Ltd (Switzerland), Analog Devices, Inc. (The U.S.), Honeywell International Inc. (The U.S.), Robert Bosch GmbH (Germany), ams AG (Austria), NXP Semiconductors N.V. (The Netherlands), The Micronas Group (Switzerland), Melexis NV (Belgium), Infineon Technologies AG (Germany), Sanken Electric Co., Ltd. (Japan) and Asahi Kasei Corporation (Japan) among others are prominent players operating in the giant magnetoresistive sensor globally.