Product Code: ETC4440444 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
South Korea`s on-board magnetic sensor market is growing with advancements in automotive technology and the increasing integration of sensors in vehicles for safety and navigation purposes.
In South Korea, the on-board magnetic sensor market is propelled by the automotive industry`s shift towards advanced driver assistance systems (ADAS) and autonomous vehicles. Magnetic sensors play a crucial role in navigation, position sensing, and motor control applications, driving their integration into modern vehicle designs for enhanced safety and performance.
Challenges in the on-board magnetic sensor market in South Korea include technological obsolescence of older sensor models, integration complexities with advanced vehicle electronics, and regulatory standards for automotive safety and emissions. Additionally, competition from global sensor manufacturers and evolving consumer preferences towards electric vehicles pose significant challenges.
Government policies in South Korea promote innovation and adoption of magnetic sensor technologies in automotive and electronics sectors. These policies include research funding, technology development incentives, and standards compliance under agencies like the Ministry of Trade, Industry and Energy (MOTIE).
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 South Korea On-Board Magnetic Sensor Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea On-Board Magnetic Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea On-Board Magnetic Sensor Market - Industry Life Cycle |
3.4 South Korea On-Board Magnetic Sensor Market - Porter's Five Forces |
3.5 South Korea On-Board Magnetic Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea On-Board Magnetic Sensor Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.7 South Korea On-Board Magnetic Sensor Market Revenues & Volume Share, By Magnetic Density, 2021 & 2031F |
4 South Korea On-Board Magnetic Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced driver assistance systems (ADAS) in vehicles |
4.2.2 Growing automotive industry in South Korea |
4.2.3 Rising focus on vehicle safety and regulatory requirements |
4.3 Market Restraints |
4.3.1 High initial setup cost for implementing magnetic sensor technology |
4.3.2 Lack of awareness and understanding about the benefits of on-board magnetic sensors |
4.3.3 Competition from alternative sensor technologies |
5 South Korea On-Board Magnetic Sensor Market Trends |
6 South Korea On-Board Magnetic Sensor Market, By Types |
6.1 South Korea On-Board Magnetic Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Hall Effect Sensors, 2021-2031F |
6.1.4 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Magnetoresistive Sensors, 2021-2031F |
6.1.5 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By SQUID Sensors, 2021-2031F |
6.1.6 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Korea On-Board Magnetic Sensor Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.4 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.5 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 South Korea On-Board Magnetic Sensor Market, By Magnetic Density |
6.3.1 Overview and Analysis |
6.3.2 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By <1 Microgauss (Low-Field Sensors), 2021-2031F |
6.3.3 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By 1 Microgauss to 10 Gauss (Earth Field Sensors), 2021-2031F |
6.3.4 South Korea On-Board Magnetic Sensor Market Revenues & Volume, By >10 Gauss (Bias Magnetic Field Sensors), 2021-2031F |
7 South Korea On-Board Magnetic Sensor Market Import-Export Trade Statistics |
7.1 South Korea On-Board Magnetic Sensor Market Export to Major Countries |
7.2 South Korea On-Board Magnetic Sensor Market Imports from Major Countries |
8 South Korea On-Board Magnetic Sensor Market Key Performance Indicators |
8.1 Adoption rate of ADAS systems in vehicles |
8.2 Number of collaborations between sensor manufacturers and automotive companies in South Korea |
8.3 Research and development investments in magnetic sensor technology |
8.4 Rate of regulatory advancements related to vehicle safety and sensor technology in South Korea |
9 South Korea On-Board Magnetic Sensor Market - Opportunity Assessment |
9.1 South Korea On-Board Magnetic Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea On-Board Magnetic Sensor Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.3 South Korea On-Board Magnetic Sensor Market Opportunity Assessment, By Magnetic Density, 2021 & 2031F |
10 South Korea On-Board Magnetic Sensor Market - Competitive Landscape |
10.1 South Korea On-Board Magnetic Sensor Market Revenue Share, By Companies, 2024 |
10.2 South Korea On-Board Magnetic Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |