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The Asia Pacific Magnetic Sensor Market would witness market growth of 6.1% CAGR during the forecast period (2017 - 2023). These sensors are embedded in various electronic devices, such as smartphones, cameras, scanners, printers, tablets, flat panels, and laptops. These devices are a critical component within the navigation device applications and widely used in gaming controllers and various smart products.
The automotive segment would be the fastest growing segment, with highest revenue during the forecast period. Major sensor vendors are operational in the Asian countries such as China and Japan, influencing the market expansion in the region. Demand for smartphones and automobiles in various parts of the region would add to the demand for magnetic sensors in the region.
Based on Technology Type, the Magnetic Sensor market segments the market into Hall Effect, Anisotropic Magnetoresistance, Giant Magnetoresistance, Tunnel Magnetoresistance, and Others. Based on Application, the market report segments the market into Automotive, Consumer Electronics, Industrial, and Others. Based on Countries, the Magnetic Sensor market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the competition analysis of key stake holders of the Asia Pacific Magnetic Sensor Market. Key companies profiled in the report include Honeywell International, Inc., Infineon Technologies AG, Magnetic Sensors Corporation, Microsemi Corporation, NVE Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, TDK Corporation, MultiDimension Technology Co. Ltd., and Memsic, Inc.