Pune, India -- (SBWIRE) -- 05/07/2019 -- MarketResearchNest.com Announced that its published an Exclusive Report on "Global Giant Magnetoresistive (GMR) Sensors Market Growth 2019-2024" in its research database with report summary, table of content, research methodologies and data sources.

Giant magnetoresistance (GMR) is primarily a quantum mechanical magnetoresistance effect, which is detected in the multilayers composed of alternating non-magnetic as well as ferromagnetic conductive layers. Giant magnetoresistive sensors are employed for speed, position and angle sensing. Major application area of giant magnetoresistive sensor includes automotive, industry, consumer electronics, aerospace and defense among others.

Giant magnetoresistance (GMR) is primarily a quantum mechanical magnetoresistance effect which is detected in the multilayers composed of alternating non-magnetic as well as ferromagnetic conductive layers. Giant magnetoresistive sensors are employed for speed, position and angle sensing. Major application area of giant magnetoresistive sensor includes consumer electronics, aerospace and defense among others. Moreover, microelectronics and biotechnology is also some of the prime application area of giant magnetoresistive sensors.

In 2018, Asia Pacific is leading the market for giant magnetoresistive sensor in terms of revenue, followed by North America and Europe globally. China is leading the market owing to its technological advancement in the field of magnetoresistive sensors, followed by Japan, India and South Korea among others. The U.S. is dominating the market for giant magnetoresistive, followed by Canada and Mexico. Germany, the U.K., Italy and France are holding prominent positions in the giant magnetoresistive sensor market across Europe. Brazil and Argentina among others are dominating the market for giant magnetoresistive sensor across rest of world.

According to this study, over the next five years the Giant Magnetoresistive (GMR) Sensors market will register a 9.2% CAGR in terms of revenue, the global market size will reach US$ 185.6 million by 2024, from US$ 119.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Giant Magnetoresistive (GMR) Sensors business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Giant Magnetoresistive (GMR) Sensors market by product type, application, key companies and key regions.

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This study considers the Giant Magnetoresistive (GMR) Sensors value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Standard Multilayer, High Temperature Multilayer, Low Hysteresis High Temperature Multilayer, Spin Valve, Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive, Consumer Electronics, Industrial Applications, Aerospace and Defense, Medical Biological, Others

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Infineon Technologies AG, Allegro MicroSystems, Hitachi Metals, NVE, Yamaha, Robert Bosch GmbH, Alps Electric

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global Giant Magnetoresistive (GMR) Sensors consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Giant Magnetoresistive (GMR) Sensors market by identifying its various subsegments.
- Focuses on the key global Giant Magnetoresistive (GMR) Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Giant Magnetoresistive (GMR) Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Giant Magnetoresistive (GMR) Sensors submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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