The Global Magnetic Field Sensor market accounted for $3.00 million in 2017 and is expected to reach $7.55 million by 2026 growing at a CAGR of 10.7%. Factors such as growth in automotive industry and endless growth in consumer electronics segment are driving the market. However, falling average selling prices (asps) of semiconductors & sensors is hampering the Magnetic Field Sensor market. Magnetic field sensor is a device used to contemplate the magnetic field around the loop, electrical device and around changeless magnets. Magnetic field sensors comprise of pivoting sensor tip which estimates both transverse and longitudinal attractive fields around the items. The magnetic sensor utilizes “Hall Effect” (produces voltage difference across an electrical conductor, transverse to electric current) transducer that estimates the vector component of the magnetic field close to the sensor tip. Based on end user, the consumer electronics industry is going to have a lucrative growth in the development stage and is relied to witness demand in the coming years due to the new applications, such as motion gaming and navigation being presented in gadgets, such as cell phone...