Variable Reluctance Sensor Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI4130

Summary Methodology

Variable Reluctance Sensor Market size is expected to witness modest growth over the forecast period owing to its extensive adoption in the automotive sector for speed and position sensing applications such as camshafts, crankshafts, transmission shafts, and others. These components are also widely used across the aerospace sector for motor control. An important benefit of these sensors is that they can integrate the comparator and precision amplifier, which helps in generating robust output pulses. These components can operate even in the presence of very weak signal strength as well as substantial system noise driving adoption of the variable reluctance sensor market.

Other benefits offered by these components such as lower costs and robust technology for sensing will add to the growth of the variable reluctance sensor market. These components are highly reliable as they require very low wiring connections, electric signals are self-generated, allowing these sensors to operate efficiently without any external power supply. In addition, they can function at higher temperatures which makes them very suitable for applications, such as sensing turbine speed in jet engines, augmenting the growth of the market. In addition, these sensors are highly customizable and can be used for application-specific requirements.

The automotive sector will highly contribute to the growth of the variable reluctance sensor market. The automotive market has been flourishing over the years particularly in Asia Pacific due to improving standard of living in countries such as India. The automobiles currently are being implemented with a large number of speed and position sensors for measuring the rotation in individual tire speeds, transmission, and output shafts. These sensors provide signals, which can be used to control traction controls, limited-slip control, cruise control, and transmission shift points. The growing safety measures by automotive manufacturers are driving the implementation of these sensors in safety systems, such as anti-lock braking systems, influencing the growth of the market. The operational ruggedness and simple designs of these sensors result in their growing adoption in automobiles.

Aviation & space will be another major area of application in the market. They enable the compact system design, making them suitable for these applications. These sensors are being extensively used in bearing and power transmission assemblies, turbine speed sensing, and others and can be used in a very harsh environment without affecting the performance.

North America and Asia Pacific are the key regions for the growth of the variable reluctance sensor market. The growth of the market in North America is attributed to the large aerospace industry in the U.S. The region has the world’s largest aerospace industry, which will be a major factor for the market demand. The U.S. aerospace industry contributed to USD 151 billion of exports in 2018 according to the U.S. Department of Commerce program, SelectUSA. Moreover, the inward stock of Foreign Direct Investment (FDI) in aerospace manufacturing in the U.S. was more than USD 21 billion in 2017.

Countries in the Asia Pacific region, particularly China witnessed rapid developments and growth in the automotive sector. China holds a number of global automotive manufacturers and is among the largest markets for the automotive sector. The presence of skilled labor force and cheap raw materials attracted a number of automakers to invest in the country. India will be another important contributor to the growth of the variable reluctance sensor market in the Asia Pacific region. The allocation of 100% FDI by the Indian Government has boosted automotive manufacturing in the country. The automotive production in India increased by 8% in 2018, according to the International Organization of Motor Vehicle Manufacturers (OICA), which will add to the demand in automotive applications.

Maxim Integrated, Texas Instruments, HarcoSemco, Honeywell International, Inc., Sensoronix, ON Semiconductor, National Semiconductor, Magnetic Sensors Corporation, and Diamond Electric Manufacturing Corp. are some of the players in the market. These companies are strengthening distribution channels to increase their market share. In February 2018, Maxim Integrated announced the extension of a distribution agreement with Avnet to increase its business operations in Israel. High competition in the automotive industry is forcing the companies to focus on new product developments and widen the product portfolio, augmenting the growth of the variable reluctance sensor market. For instance, Maxim Integrated offers MAX9924 to MAX9927 range of sensors for automotive applications.

The variable reluctance sensor market can be hindered by some factors such as costs associated with the signal-processing circuitry. Though the components have low-cost transducer, wire, and magnets, the signal processing circuit can increase the overall system cost. Another restraining factor for the market is that these sensors cannot be used for very low-speed signals. The magnitude of the signals developed by these components is directly proportional to the target speed, making it difficult to design the circuitry needed for these low-speed signals, which can hinder the market growth to some extent.

Variable Reluctance Sensor Market, By End-use

  • Automotive
  • Aerospace
  • Others

The above information has been provided for the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa (MEA)
  • South Africa


What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X