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.
According to the new market research report “Giant Magneto Resistive (GMR) Sensors – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Giant Magneto Resistive (GMR) Sensors market size is projected to reach USD 0.42 billion by 2029, at a CAGR of 6.3% during the forecast period.
- Global Giant Magneto Resistive (GMR) Sensors MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Giant Magneto Resistive (GMR) Sensors – Global Market Insights and Sales Trends 2024”
- Global Giant Magneto Resistive (GMR) Sensors Top9Players Ranking and Market Share（Based on data of 2021, Continually updated）
Source: QYResearch, “Giant Magneto Resistive (GMR) Sensors – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Giant Magneto Resistive (GMR) Sensors include Infineon Technologies, Allegro MicroSystems, Hitachi Metals, NVE, NAL, etc. In 2021, the global top four players had a share approximately 43.0% in terms of revenue.
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