Increasing Investments in Magnetic Sensor Ecosystem
The magnetic sensor market size is projected to reach USD 6.2 billion by 2025 from an estimated USD 4.3 billion in 2020, at a CAGR of 7.7% from 2020 to 2025. Intensifying focus of manufacturers towards producing 3D magnetic sensors and increasing investments in magnetic sensor ecosystem are among the factors driving the growth of the market.
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