Tunneling Magnetoresistance (TMR) Sensor Market Revenue Trends and Growth Drivers

Tunneling Magnetoresistance (TMR) Sensor Market by Form Factor(Surface Mount,Through Hole), Vertical (Automotive,Consumer Electronics, Industrial,Healthcare)Region( North America, Europe, Asia Pacific, RoW) – Global Forecast to 2030

Report Code: UC-SE-6885 Jun, 2025, by marketsandmarkets.com

The Tunneling Magnetoresistance (TMR) sensor market is gaining traction as industries seek highly sensitive, low-power magnetic sensing solutions. These sensors offer significant advantages over traditional Hall-effect and anisotropic magnetoresistance (AMR) sensors, including better signal-to-noise ratios and higher precision. Demand is particularly strong in automotive, consumer electronics, industrial automation, and healthcare applications, where reliable position, speed, and current sensing is essential. Companies are increasingly investing in TMR technology to enhance performance in electric vehicles, smart devices, and factory automation systems.

Recent product launches highlight the growing adoption of TMR sensors. In September 2024, Allegro MicroSystems introduced the CT455 and CT456 current sensors, leveraging its XtremeSense™ TMR technology for high-accuracy measurements in AI data centers and automotive applications. In June 2024, TDK Corporation released the TAS8240 angle sensor, designed for precise measurements in automotive and industrial environments. Additionally, MultiDimension Technology Co., Ltd. (MDT) unveiled ultra-compact TMR sensors tailored for smartphones and wearables, enabling improved motion sensing and power efficiency.

TMR sensors are finding expanding applications across multiple industries. In automotive, they play a crucial role in electric vehicle powertrains, battery management, and steering systems. Consumer electronics benefit from their precision in navigation, motion tracking, and touchless controls. In industrial automation, TMR sensors enhance robotics and smart manufacturing by enabling precise motor control and position detection. As industries continue to push for more efficient and miniaturized sensor solutions, TMR technology is expected to see further advancements, solidifying its role in next-generation electronic systems.

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TABLE OF CONTENTS

1 Introduction

1.1. Study Objectives

1.2. Market Definition and Scope

1.2.1. Inclusions and Exclusions

1.3. Study Scope

1.3.1. Markets Covered

1.3.2. Geographic Segmentation

1.3.3. Years Considered for the study

1.4. Currency

1.5. Limitations

1.6. Stakeholders

2 Research Methodology

2.1. Research Data

2.1.1. Secondary Data

2.1.1.1. Major Secondary Sources

2.1.1.2. Key Data from Secondary Sources

2.1.2. Primary Data

2.1.2.1. Primary Interviews with Experts

2.1.2.2. Key Data from Primary Sources

2.1.2.3. Key Industry Insights

2.1.2.4. Breakdown of Primaries

2.2. Market Size Estimation

2.2.1. Bottom-Up Approach

2.2.1.1. Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)

2.2.2. Top-Down Approach

2.2.2.1. Approach for Capturing Market Share by Top-Down Analysis (Supply Side)

2.3. Market Breakdown and Data Triangulation

2.4. Research Assumptions

2.5. Risk Assessment

2.6. Limitations of Research

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1. Introduction

5.2. Market Dynamics

5.3. Trends/Disruptions Impacting Customer’s Business

5.4. Pricing Analysis

5.5. Value Chain Analysis

5.6. Ecosystem Analysis

5.7. Investment and Funding Scenario

5.8. Funding, By Application

5.9. Technology Analysis

5.10. Patent Analysis

5.11. Trade Analysis

5.12. Key Conferences and Events (2025-2026)

5.13. Case Study Analysis

5.14. Regulatory Landscape

5.14.1. Regulatory Bodies, Government Agencies, and Other Organizations

5.14.2. Regulatory Framework

5.15. Porters Five Force Analysis

5.15.1. Threat from New Entrants

5.15.2. Threat of Substitutes

5.15.3. Bargaining Power of Suppliers

5.15.4. Bargaining Power of Buyers

5.15.5. Intensity of Competitive Rivalry

5.16. Key Stakeholders and Buying Criteria

5.16.1. Key Stakeholders in Buying Process

5.16.2. Buying Criteria

6 TMR Sensor, By Form Factor

6.1. Introduction

6.2. Surface Mount

6.3. Through Hole

7 TMR Sensor, By Vertical

7.1. Introduction

7.2. Automotive

7.3. Consumer Electronics

7.4. Industrial

7.5. Healthcare

7.6. Others

8 TMR Sensor Market, By Region

8.1. Introduction

8.2. North America

8.3. Macro-Economic Impact

8.3.1. US

8.3.2. Canada

8.3.3. Mexico

8.4. Europe

8.5. Macro-Economic Impact

8.5.1. UK

8.5.2. Germany

8.5.3. France

8.5.4. Italy

8.5.5. Rest of Europe

8.6. Asia Pacific

8.7. Macro-Economic Impact

8.7.1. China

8.7.2. Japan

8.7.3. India

8.7.4. South Korea

8.7.5. Rest of Asia Pacific

8.8. RoW

8.9. Macro-Economic Impact

8.9.1. Middle East & Africa

8.9.1.1. GCC Countries

8.9.1.2. Rest of Middle East & Africa

8.9.2. South America

9 TMR Sensor Market, Competitive Landscape

9.1. Key Player Strategies/Right to Win

9.2. Revenue Analysis

9.3. Market Share Analysis

9.4. Company Valuation and Financial Metrics

9.5. Product/Brand Comparison

9.6. Company Evaluation Matrix: Key Players, 2024

9.6.1. Stars

9.6.2. Emerging Leaders

9.6.3. Pervasive Players

9.6.4. Participants

9.6.5. Company Footprint: Key Players, 2024

9.6.5.1. Company Footprint

9.6.5.2. Region Footprint

9.6.5.3. Type Footprint

9.6.5.4. Vertical Footprint

9.7. Company Evaluation Matrix: Startups/SMEs, 2024

9.7.1.1. Progressive Companies

9.7.1.2. Responsive Companies

9.7.1.3. Dynamic Companies

9.7.1.4. Starting Blocks

9.7.1.5. Competitive Benchmarking: Startups/SMEs, 2024

9.7.1.5.1. Detailed List of Key Startups/SMEs

9.7.1.5.2. Competitive Benchmarking of Key Startups/SMEs

9.8. Competitive Situation and Trends

9.8.1. Product Launches

9.8.2. Acquisitions

9.8.3. Partnerships, Collaborations, Alliances, and Joint Ventures

10 TMR Sensor Market, Company Profiles

10.1. Key Players

10.1.1. TDK Corporation

10.1.2. Infineon Technologies AG

10.1.3. Allegro MicroSystems, Inc.

10.1.4. Coto Technology

10.1.5. Anhui Sinomags Technologies Co.,Ltd.

10.1.6. MultiDimension Technology Co., Ltd.

10.1.7. NVE Corporation

10.1.8. Littelfuse, Inc.

10.1.9. ABLIC Inc.

10.1.10. Sensitec

11 Appendix

11.1. Discussion Guide

11.2. Knowledge Store: MarketsandMarkets’ Subscription Portal

11.3. Available Customizations

11.4. Related Reports

11.5. Author Details

Note: The ToC is tentative, and minor changes are possible as the study progresses

Note: In the company profiles section 25 companies will be profiled

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Tunneling Magnetoresistance (TMR) Sensor Market

Tunneling Magnetoresistance (TMR) Sensor Market by Form Factor(Surface Mount,Through Hole), Vertical (Automotive,Consumer Electronics, Industrial,Healthcare)Region( North America, Europe, Asia Pacific, RoW) – Global Forecast to 2030

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