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According to a new report Europe Magnetic Sensor Market, published by KBV research, the Europe Magnetic Sensor Market Size would witness market growth of 5.5% CAGR during the forecast period (2017 - 2023).
The Germany market holds the largest market share in Europe Anisotropic Magnetoresistance Magnetic Sensor Market by Country in 2016 and would continue to be a dominant market till 2023;, growing at a CAGR of 5 % during the forecast period. The UK market is expected to witness a CAGR of 5.4% during (2017 - 2023) in Europe Giant Magnetoresistance Magnetic Sensor Market. Additionally, The France market is expected to witness a CAGR of 7.6% during (2017 - 2023) in Europe Tunnel Magnetoresistance Magnetic Sensor Market.
Key Market Segment - Europe Magnetic Sensor Market
The Automotive market holds the largest market share in Italy Magnetic Sensor Market by Application in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 6.2 % during the forecast period. The Consumer Electronics market would attain market value of $12.1 million by 2023. Additionally, The Industrial market is expected to witness highest CAGR of 8% during (2017 - 2023).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Europe Magnetic Sensor Market have been discussed in the report with the competition analysis and elaborated company profiles of 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.
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