Magnetic Sensor Market Size, Share & Trends Analysis Report abnewswire.com

Jyoti Waghmare 8 months ago in Business and Career

The global magnetic sensor market size was valued at USD 2.0 billion in 2018, while demand was estimated at 3,398.3 million units that year. The market is projected to register a revenue-based CAGR of 6.8% from 2019 to 2025. Increased integration of magnetic sensors in various industry verticals, backed by significant technological advancements in sensing techniques, is expected to boost market growth.