Frequently Asked Questions
At what CAGR is the market projected to grow during the forecast period (2021-2027)?
The giant magnetoresistive sensor market shall exhibit a CAGR of 8.9 % during the forecast period.
What will be the market value by 2027?
The market value is expected to touch USD 266.9 million by the end of 2027.
What are the major players operating in the global market?
Bartington Instruments Ltd, MEMSIC, Inc., TE Connectivity Ltd, Analog Devices, Inc., Honeywell International Inc., Robert Bosch GmbH, AMS AG, NXP Semiconductors NV, The Micronas Group, Melexis NV, Infineon Technologies AG, Sanken Electric Co., Ltd., Asahi Kasei Corporation, Allegro MicroSystems, Hitachi Metals, NVE, Yamaha, and Alps Electric are the major players operating in the global market.
What are the leading segments of the market?
By type, the standard multilayer is the leading segment, and based on application, consumer electronics is the leading segment.
Which are the key factors driving market growth?
Adoption of giant magnetoresistive sensors in biomedical devices and increasing adoption in electronic and storage devices are the key factors driving the market growth.