| Product Code: ETC5565535 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Gabon continued to rely on imports of on-board magnetic sensors, with key suppliers being the United States of America, China, Netherlands, Bulgaria, and France. Despite moderate concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a negative Compound Annual Growth Rate (CAGR) of -4.3% and a substantial decline in growth rate of -42.32%. This trend suggests a challenging environment for on-board magnetic sensor imports in Gabon, signaling the need for strategic adjustments and potential shifts in supplier dynamics in the coming years.

The on-board magnetic sensor market in Gabon is expanding, particularly with the rise of electric and autonomous vehicles. Magnetic sensors are used in vehicle systems for tasks like position sensing, navigation, and motor control. As the automotive industry in Gabon continues to grow and modernize, there is an increasing need for advanced sensors to support innovations like electric vehicles and autonomous driving systems. The market for on-board magnetic sensors is thus expected to grow as these technologies gain traction in the region.
The on-board magnetic sensor market in Gabon is seeing growth as the automotive and aerospace industries increasingly rely on magnetic sensors for navigation, safety, and performance monitoring. These sensors are critical for vehicle systems such as electronic stability control, anti-lock braking, and airbag deployment. The growing adoption of advanced driver assistance systems (ADAS) and electric vehicles (EVs) in Gabon is further fueling the demand for on-board magnetic sensors, which play a crucial role in ensuring the proper functioning of these technologies.
The market for on-board magnetic sensors in Gabon is affected by the lack of advanced automotive and electronic manufacturing industries. High import tariffs and limited availability of skilled technicians further exacerbate the challenges in this niche market.
The on-board magnetic sensor market in Gabon is growing as the government pushes for innovation in the transportation and automotive sectors. These sensors are crucial for monitoring vehicle health, navigation, and safety systems. With the governments initiatives to enhance road safety and vehicle monitoring, the demand for on-board magnetic sensors is expected to rise. Additionally, the growing adoption of electric vehicles and advanced driver-assistance systems (ADAS) further accelerates the market`s development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Gabon On-Board Magnetic Sensor Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon On-Board Magnetic Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon On-Board Magnetic Sensor Market - Industry Life Cycle |
3.4 Gabon On-Board Magnetic Sensor Market - Porter's Five Forces |
3.5 Gabon On-Board Magnetic Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Gabon On-Board Magnetic Sensor Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.7 Gabon On-Board Magnetic Sensor Market Revenues & Volume Share, By Magnetic Density, 2021 & 2031F |
4 Gabon On-Board Magnetic Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced driver-assistance systems (ADAS) in vehicles |
4.2.2 Growing demand for electric vehicles (EVs) in Gabon |
4.2.3 Government regulations mandating the use of safety technologies in vehicles |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing magnetic sensor technology |
4.3.2 Limited technological expertise and infrastructure in Gabon |
4.3.3 Potential supply chain disruptions affecting the availability of magnetic sensors |
5 Gabon On-Board Magnetic Sensor Market Trends |
6 Gabon On-Board Magnetic Sensor Market Segmentations |
6.1 Gabon On-Board Magnetic Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Hall Effect Sensors, 2021-2031F |
6.1.3 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Magnetoresistive Sensors, 2021-2031F |
6.1.4 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By SQUID Sensors, 2021-2031F |
6.1.5 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.2 Gabon On-Board Magnetic Sensor Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 Gabon On-Board Magnetic Sensor Market, By Magnetic Density |
6.3.1 Overview and Analysis |
6.3.2 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By |
6.3.3 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By 1 Microgauss to 10 Gauss (Earth Field Sensors), 2021-2031F |
6.3.4 Gabon On-Board Magnetic Sensor Market Revenues & Volume, By >10 Gauss (Bias Magnetic Field Sensors), 2021-2031F |
7 Gabon On-Board Magnetic Sensor Market Import-Export Trade Statistics |
7.1 Gabon On-Board Magnetic Sensor Market Export to Major Countries |
7.2 Gabon On-Board Magnetic Sensor Market Imports from Major Countries |
8 Gabon On-Board Magnetic Sensor Market Key Performance Indicators |
8.1 Average installation rate of on-board magnetic sensors in vehicles |
8.2 Rate of adoption of ADAS in the automotive sector |
8.3 Number of partnerships between sensor manufacturers and automotive companies in Gabon |
8.4 Percentage of EVs equipped with magnetic sensor technology |
8.5 Level of compliance with government regulations related to vehicle safety technologies in Gabon |
9 Gabon On-Board Magnetic Sensor Market - Opportunity Assessment |
9.1 Gabon On-Board Magnetic Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Gabon On-Board Magnetic Sensor Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.3 Gabon On-Board Magnetic Sensor Market Opportunity Assessment, By Magnetic Density, 2021 & 2031F |
10 Gabon On-Board Magnetic Sensor Market - Competitive Landscape |
10.1 Gabon On-Board Magnetic Sensor Market Revenue Share, By Companies, 2024 |
10.2 Gabon On-Board Magnetic Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |