Product Code: ETC4440445 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India on-board magnetic sensor market import shipments demonstrated a steady expansion with a notable CAGR from 2020-2024. The growth rate surged between 2023 and 2024, reflecting accelerating momentum. Overall, the market exhibited robust growth trends, indicating a strong upward trajectory.
Magnetic sensors are critical in a wide range of applications, from automotive to consumer electronics. In India, the on-board magnetic sensor market is experiencing growth due to the expanding automotive and electronics industries. Magnetic sensors play a role in safety, navigation, and automation, making them essential in India technological evolution.
On-board magnetic sensors are integral components in various automotive and industrial applications. In India, the growth of the automotive industry is a key driver for the on-board magnetic sensor market. The demand for electric vehicles (EVs) and advanced driver assistance systems (ADAS) is increasing, and these systems rely on magnetic sensors for accurate data. Additionally, industrial automation and robotics are on the rise, further boosting the need for these sensors. India push for digitization and smart infrastructure also contributes to the growth of on-board magnetic sensor applications.
In the on-board magnetic sensor market in India, challenges include the need for high levels of accuracy and reliability in harsh operating conditions. Manufacturers must also stay ahead in innovation to cater to diverse industry requirements. Additionally, fluctuations in raw material prices and the need for cost-effective manufacturing processes can be challenging.
The market for on-board magnetic sensors may have seen fluctuations based on automotive and consumer electronics demands.
In the India on-board magnetic sensor market, several companies have established themselves as key players. One of the prominent players is Allegro MicroSystems, a global leader in magnetic sensor and power IC solutions. Allegro MicroSystems provides a range of on-board magnetic sensor products, catering to diverse applications in the automotive and industrial sectors. Another significant player is Infineon Technologies, a German semiconductor manufacturer that offers various magnetic sensors for automotive and industrial applications. Additionally, Melexis, a Belgium-based semiconductor company, has a presence in the India market with its on-board magnetic sensor solutions. These key players contribute to the growth and advancement of magnetic sensor technology in India, particularly in automotive and industrial sectors.
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 India On-Board Magnetic Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India On-Board Magnetic Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India On-Board Magnetic Sensor Market - Industry Life Cycle |
3.4 India On-Board Magnetic Sensor Market - Porter's Five Forces |
3.5 India On-Board Magnetic Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India On-Board Magnetic Sensor Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.7 India On-Board Magnetic Sensor Market Revenues & Volume Share, By Magnetic Density, 2021 & 2031F |
4 India On-Board Magnetic Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and automotive applications utilizing on-board magnetic sensors |
4.2.2 Growth in the automotive industry in India, leading to a rise in the adoption of advanced sensor technologies |
4.2.3 Technological advancements and innovations in the on-board magnetic sensor market |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials impacting the production costs of magnetic sensors |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Regulatory challenges related to the implementation of on-board magnetic sensor technology in certain industries |
5 India On-Board Magnetic Sensor Market Trends |
6 India On-Board Magnetic Sensor Market, By Types |
6.1 India On-Board Magnetic Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India On-Board Magnetic Sensor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India On-Board Magnetic Sensor Market Revenues & Volume, By Hall Effect Sensors, 2021-2031F |
6.1.4 India On-Board Magnetic Sensor Market Revenues & Volume, By Magnetoresistive Sensors, 2021-2031F |
6.1.5 India On-Board Magnetic Sensor Market Revenues & Volume, By SQUID Sensors, 2021-2031F |
6.1.6 India On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.2 India On-Board Magnetic Sensor Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India On-Board Magnetic Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India On-Board Magnetic Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 India On-Board Magnetic Sensor Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 India On-Board Magnetic Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 India On-Board Magnetic Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 India On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 India On-Board Magnetic Sensor Market, By Magnetic Density |
6.3.1 Overview and Analysis |
6.3.2 India On-Board Magnetic Sensor Market Revenues & Volume, By <1 Microgauss (Low-Field Sensors), 2021-2031F |
6.3.3 India On-Board Magnetic Sensor Market Revenues & Volume, By 1 Microgauss to 10 Gauss (Earth Field Sensors), 2021-2031F |
6.3.4 India On-Board Magnetic Sensor Market Revenues & Volume, By >10 Gauss (Bias Magnetic Field Sensors), 2021-2031F |
7 India On-Board Magnetic Sensor Market Import-Export Trade Statistics |
7.1 India On-Board Magnetic Sensor Market Export to Major Countries |
7.2 India On-Board Magnetic Sensor Market Imports from Major Countries |
8 India On-Board Magnetic Sensor Market Key Performance Indicators |
8.1 Adoption rate of on-board magnetic sensors in key industries such as automotive, consumer electronics, and industrial automation |
8.2 Research and development investments in new sensor technologies and product enhancements |
8.3 Number of partnerships and collaborations within the on-board magnetic sensor market for technology integration and market expansion |
9 India On-Board Magnetic Sensor Market - Opportunity Assessment |
9.1 India On-Board Magnetic Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India On-Board Magnetic Sensor Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.3 India On-Board Magnetic Sensor Market Opportunity Assessment, By Magnetic Density, 2021 & 2031F |
10 India On-Board Magnetic Sensor Market - Competitive Landscape |
10.1 India On-Board Magnetic Sensor Market Revenue Share, By Companies, 2024 |
10.2 India On-Board Magnetic Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |