Europe Magnetometer Market Size, Share & Industry Trends Analysis Report By Form Factor, By Type, By Application, By Product Type (3 Axis, 3Dimensional, and Single Axis), By Vertical, By Country and Growth Forecast, 2023 - 2029

The Europe Magnetometer Market would witness market growth of 6.3% CAGR during the forecast period (2023-2029).

Magnetometers provide precise measurements for various parameters, including proximity, location, pressure, and fluid flow, which can be beneficial for businesses. In addition, the sensor boasts exceptional linearity, heightened sensitivity, minimal power usage, and an expansive field range, all of which are advantageous. As a result, manufacturers prioritize producing compact 3D magnetometers with low voltage.

Magnetometers are a crucial component of contemporary business operations. The importance of this technology in various industries such as space exploration, research, oil & gas, minerals exploration, near-earth geometrics, and consumer electronics has greatly impacted human life. The magnetometer market has experienced significant growth in recent years due to its expanding range of applications. As a result, many companies in the magnetometer industry are investing heavily in research and development to enhance and strategically position their offerings in the marketplace.

The "Medical Informatics" funding scheme, offered by the German government as part of the Health Research Framework Program, aims to enhance the exchange of data across different institutions and locations in order to address the increasing prevalence of diseases such as cancer and dementia in an aging society. The objective of these efforts is to improve efficiency in diagnoses and treatments, resulting in reduced expenses and expedited, accurate care for individuals. In addition, the regional governments are implementing initiatives to promote the integration of cutting-edge medical technologies like MEG (magnetoencephalography). Hence, implementing MEG technology in Europe is expected to drive the growth of the magnetometer market.

The Germany market dominated the Europe Magnetometer Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $200.4 million by 2029. The UK market is anticipated to grow at a CAGR of 5.4% during (2023 - 2029). Additionally, The France market would exhibit witness a CAGR of 7.1% during (2023 - 2029).

Based on Form Factor, the market is segmented into Fixed, and Portable. Based on Type, the market is segmented into Vector, Fluxgate, Proton Precession, Scalar, and Others. Based on Application, the market is segmented into Navigation, Industrial Automation, Geophysics & Mining, Space Exploration, and Medical Devices & Others. Based on Product Type, the market is segmented into 3 Axis, 3Dimensional, and Single Axis. Based on Vertical, the market is segmented into Consumer Electronics, Aerospace & Defense, Automotive, Healthcare, Industrial, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Worldwide Magnetometer Market is Projected to reach USD 3.3 Billion by 2029, at a CAGR of 6.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Geometrics, Inc. (OYO Corporation), Metrolab Technology SA, VectorNav Technologies, LLC, Lake Shore Cryotronics, Inc., FOERSTER Holding GmbH, Bartington Instruments Ltd., Cryogenic Limited, Marine Magnetics Corp., and GEM Systems, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Form Factor

• Fixed
• Portable

By Type

• Vector
• Fluxgate
• Proton Precession
• Scalar
• Others

By Application

• Navigation
• Industrial Automation
• Geophysics & Mining
• Space Exploration
• Medical Devices & Others

By Product Type

• 3 Axis
• 3Dimensional
• Single Axis

By Vertical

• Consumer Electronics
• Aerospace & Defense
• Automotive
• Healthcare
• Industrial
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Honeywell International, Inc.
• Geometrics, Inc. (OYO Corporation)
• Metrolab Technology SA
• VectorNav Technologies, LLC
• Lake Shore Cryotronics, Inc.
• FOERSTER Holding GmbH
• Bartington Instruments Ltd.
• Cryogenic Limited
• Marine Magnetics Corp.
• GEM Systems, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Magnetometer Market, by Form Factor
1.4.2 Europe Magnetometer Market, by Type
1.4.3 Europe Magnetometer Market, by Application
1.4.4 Europe Magnetometer Market, by Product Type
1.4.5 Europe Magnetometer Market, by Vertical
1.4.6 Europe Magnetometer Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, May – 2023, Feb) Leading Players

Chapter 4. Europe Magnetometer Market by Form Factor
4.1 Europe Fixed Market by Country
4.2 Europe Portable Market by Country

Chapter 5. Europe Magnetometer Market by Type
5.1 Europe Vector Market by Country
5.2 Europe Fluxgate Market by Country
5.3 Europe Proton Precession Market by Country
5.4 Europe Scalar Market by Country
5.5 Europe Others Market by Country

Chapter 6. Europe Magnetometer Market by Application
6.1 Europe Navigation Market by Country
6.2 Europe Industrial Automation Market by Country
6.3 Europe Geophysics & Mining Market by Country
6.4 Europe Space Exploration Market by Country
6.5 Europe Medical Devices & Others Market by Country

Chapter 7. Europe Magnetometer Market by Product Type
7.1 Europe 3 Axis Market by Country
7.2 Europe 3Dimensional Market by Country
7.3 Europe Single Axis Market by Country

Chapter 8. Europe Magnetometer Market by Vertical
8.1 Europe Consumer Electronics Market by Country
8.2 Europe Aerospace & Defense Market by Country
8.3 Europe Automotive Market by Country
8.4 Europe Healthcare Market by Country
8.5 Europe Industrial Market by Country
8.6 Europe Others Market by Country

Chapter 9. Europe Magnetometer Market by Country
9.1 Germany Magnetometer Market
9.1.1 Germany Magnetometer Market by Form Factor
9.1.2 Germany Magnetometer Market by Type
9.1.3 Germany Magnetometer Market by Application
9.1.4 Germany Magnetometer Market by Product Type
9.1.5 Germany Magnetometer Market by Vertical
9.2 UK Magnetometer Market
9.2.1 UK Magnetometer Market by Form Factor
9.2.2 UK Magnetometer Market by Type
9.2.3 UK Magnetometer Market by Application
9.2.4 UK Magnetometer Market by Product Type
9.2.5 UK Magnetometer Market by Vertical
9.3 France Magnetometer Market
9.3.1 France Magnetometer Market by Form Factor
9.3.2 France Magnetometer Market by Type
9.3.3 France Magnetometer Market by Application
9.3.4 France Magnetometer Market by Product Type
9.3.5 France Magnetometer Market by Vertical
9.4 Russia Magnetometer Market
9.4.1 Russia Magnetometer Market by Form Factor
9.4.2 Russia Magnetometer Market by Type
9.4.3 Russia Magnetometer Market by Application
9.4.4 Russia Magnetometer Market by Product Type
9.4.5 Russia Magnetometer Market by Vertical
9.5 Spain Magnetometer Market
9.5.1 Spain Magnetometer Market by Form Factor
9.5.2 Spain Magnetometer Market by Type
9.5.3 Spain Magnetometer Market by Application
9.5.4 Spain Magnetometer Market by Product Type
9.5.5 Spain Magnetometer Market by Vertical
9.6 Italy Magnetometer Market
9.6.1 Italy Magnetometer Market by Form Factor
9.6.2 Italy Magnetometer Market by Type
9.6.3 Italy Magnetometer Market by Application
9.6.4 Italy Magnetometer Market by Product Type
9.6.5 Italy Magnetometer Market by Vertical
9.7 Rest of Europe Magnetometer Market
9.7.1 Rest of Europe Magnetometer Market by Form Factor
9.7.2 Rest of Europe Magnetometer Market by Type
9.7.3 Rest of Europe Magnetometer Market by Application
9.7.4 Rest of Europe Magnetometer Market by Product Type
9.7.5 Rest of Europe Magnetometer Market by Vertical

Chapter 10. Company Profiles
10.1 Honeywell International, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Geometrics, Inc. (OYO Corporation)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.3 Metrolab Technology SA
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Partnerships, Collaborations, and Agreements:
10.3.2.2 Product Launches and Product Expansions:
10.4 VectorNav Technologies, LLC
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Partnerships, Collaborations, and Agreements:
10.4.2.2 Product Launches and Product Expansions:
10.5 Lake Shore Cryotronics, Inc.
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Partnerships, Collaborations, and Agreements:
10.5.2.2 Acquisition and Mergers:
10.6 FOERSTER Holding GmbH
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Acquisition and Mergers:
10.7 Bartington Instruments Ltd.
10.7.1 Company Overview
10.8 Cryogenic Limited
10.8.1 Company Overview
10.9 Marine Magnetics Corp.
10.9.1 Company Overview
10.10. GEM Systems, Inc.
10.10.1 Company Overview

TABLE 1 Europe Magnetometer Market, 2019 - 2022, USD Million
TABLE 2 Europe Magnetometer Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Magnetometer Market
TABLE 4 Product Launches And Product Expansions– Magnetometer Market
TABLE 5 Acquisition and Mergers– Magnetometer Market
TABLE 6 Europe Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 7 Europe Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 8 Europe Fixed Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Fixed Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe Portable Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Portable Market by Country, 2023 - 2029, USD Million
TABLE 12 Europe Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 13 Europe Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 14 Europe Vector Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Vector Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Fluxgate Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Fluxgate Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Proton Precession Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Proton Precession Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe Scalar Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Scalar Market by Country, 2023 - 2029, USD Million
TABLE 22 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 25 Europe Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 26 Europe Navigation Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Navigation Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Industrial Automation Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Geophysics & Mining Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Geophysics & Mining Market by Country, 2023 - 2029, USD Million
TABLE 32 Europe Space Exploration Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Space Exploration Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe Medical Devices & OthersMarket by Country, 2019 - 2022, USD Million
TABLE 35 Europe Medical Devices & OthersMarket by Country, 2023 - 2029, USD Million
TABLE 36 Europe Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 37 Europe Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 38 Europe 3 Axis Market by Country, 2019 - 2022, USD Million
TABLE 39 Europe 3 Axis Market by Country, 2023 - 2029, USD Million
TABLE 40 Europe 3Dimensional Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe 3Dimensional Market by Country, 2023 - 2029, USD Million
TABLE 42 Europe Single Axis Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe Single Axis Market by Country, 2023 - 2029, USD Million
TABLE 44 Europe Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 45 Europe Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 46 Europe Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 47 Europe Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 48 Europe Aerospace & DEFENSE MARKET by Country, 2019 - 2022, USD Million
TABLE 49 Europe Aerospace & DEFENSE MARKET by Country, 2023 - 2029, USD Million
TABLE 50 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 51 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 52 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 53 Europe Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 54 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 55 Europe Industrial Market by Country, 2023 - 2029, USD Million
TABLE 56 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 57 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 58 Europe Magnetometer Market by Country, 2019 - 2022, USD Million
TABLE 59 Europe Magnetometer Market by Country, 2023 - 2029, USD Million
TABLE 60 Germany Magnetometer Market, 2019 - 2022, USD Million
TABLE 61 Germany Magnetometer Market, 2023 - 2029, USD Million
TABLE 62 Germany Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 63 Germany Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 64 Germany Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 65 Germany Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 66 Germany Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 67 Germany Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 68 Germany Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 69 Germany Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 70 Germany Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 71 Germany Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 72 UK Magnetometer Market, 2019 - 2022, USD Million
TABLE 73 UK Magnetometer Market, 2023 - 2029, USD Million
TABLE 74 UK Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 75 UK Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 76 UK Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 77 UK Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 78 UK Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 79 UK Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 80 UK Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 81 UK Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 82 UK Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 83 UK Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 84 France Magnetometer Market, 2019 - 2022, USD Million
TABLE 85 France Magnetometer Market, 2023 - 2029, USD Million
TABLE 86 France Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 87 France Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 88 France Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 89 France Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 90 France Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 91 France Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 92 France Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 93 France Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 94 France Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 95 France Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 96 Russia Magnetometer Market, 2019 - 2022, USD Million
TABLE 97 Russia Magnetometer Market, 2023 - 2029, USD Million
TABLE 98 Russia Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 99 Russia Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 100 Russia Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 101 Russia Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 102 Russia Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 103 Russia Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 104 Russia Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 105 Russia Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 106 Russia Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 107 Russia Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 108 Spain Magnetometer Market, 2019 - 2022, USD Million
TABLE 109 Spain Magnetometer Market, 2023 - 2029, USD Million
TABLE 110 Spain Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 111 Spain Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 112 Spain Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 113 Spain Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 114 Spain Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 115 Spain Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 116 Spain Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 117 Spain Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 118 Spain Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 119 Spain Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 120 Italy Magnetometer Market, 2019 - 2022, USD Million
TABLE 121 Italy Magnetometer Market, 2023 - 2029, USD Million
TABLE 122 Italy Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 123 Italy Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 124 Italy Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 125 Italy Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 126 Italy Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 127 Italy Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 128 Italy Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 129 Italy Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 130 Italy Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 131 Italy Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 132 Rest of Europe Magnetometer Market, 2019 - 2022, USD Million
TABLE 133 Rest of Europe Magnetometer Market, 2023 - 2029, USD Million
TABLE 134 Rest of Europe Magnetometer Market by Form Factor, 2019 - 2022, USD Million
TABLE 135 Rest of Europe Magnetometer Market by Form Factor, 2023 - 2029, USD Million
TABLE 136 Rest of Europe Magnetometer Market by Type, 2019 - 2022, USD Million
TABLE 137 Rest of Europe Magnetometer Market by Type, 2023 - 2029, USD Million
TABLE 138 Rest of Europe Magnetometer Market by Application, 2019 - 2022, USD Million
TABLE 139 Rest of Europe Magnetometer Market by Application, 2023 - 2029, USD Million
TABLE 140 Rest of Europe Magnetometer Market by Product Type, 2019 - 2022, USD Million
TABLE 141 Rest of Europe Magnetometer Market by Product Type, 2023 - 2029, USD Million
TABLE 142 Rest of Europe Magnetometer Market by Vertical, 2019 - 2022, USD Million
TABLE 143 Rest of Europe Magnetometer Market by Vertical, 2023 - 2029, USD Million
TABLE 144 Key Information – Honeywell International, Inc.
TABLE 145 Key Information – Geometrics, Inc.
TABLE 146 Key Information – Metrolab Technology SA
TABLE 147 Key Information – VectorNav Technologies, LLC
TABLE 148 Key Information – Lake Shore Cryotronics, Inc.
TABLE 149 Key Information – FOERSTER Holding GmbH
TABLE 150 Key Information – Bartington Instruments Ltd.
TABLE 151 Key Information – Cryogenic Limited
TABLE 152 Key Information – Marine Magnetics Corp.
TABLE 153 Key Information – GEM Systems, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, May – 2023, Feb) Leading Players
FIG 5 Recent strategies and developments: Honeywell International, Inc.
FIG 6 Swot analysis: Honeywell international, inc.
FIG 7 Recent strategies and developments: Metrolab Technology SA
FIG 8 Recent strategies and developments: VectorNav Technologies, LLC