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Synopsis
The global market for Magnetic Angle Encoder IC was estimated to be worth US$ 240 million in 2024 and is forecast to a readjusted size of US$ 335 million by 2031 with a CAGR of 4.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Magnetic Angle Encoder IC cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A Magnetic Angle Encoder IC is a type of integrated circuit used to measure the angular position of a rotating object (such as a motor shaft) using magnetic sensing technology. It converts the mechanical angular motion into an electrical signal that can be read by microcontrollers or control systems for precise motion control.
The Magnetic Angle Encoder IC market is undergoing robust growth, driven by the global rise in industrial automation, the increasing adoption of electric vehicles (EVs), and the expanding use of robotics and smart consumer electronics. Magnetic encoder ICs are essential components in systems that require accurate motion sensing, rotational angle measurement, and position feedback, offering advantages like contactless operation, high reliability, and resistance to harsh environmental conditions.
Magnetic Angle encoder ICs use magnetic field sensing technology—primarily Hall-effect, AMR (anisotropic magnetoresistive), or TMR (tunneling magnetoresistive) sensors—to detect the angular or linear position of a rotating or moving object. These ICs measure changes in the magnetic field generated by a nearby magnet and convert them into a digital or analog output that represents position, speed, or direction. Common output formats include analog sine/cosine, PWM, SPI, I²C, or ABZ quadrature signals.
1. Rapid Growth in Industrial Automation
The global push toward Industry 4.0 and smart factories is significantly increasing demand for magnetic encoder ICs. These ICs are widely used in servo motors, robotic joints, conveyors, and CNC machinery for real-time position and motion feedback. Compared to optical encoders, magnetic variants are more robust and suitable for industrial environments filled with dust, oil, and vibration.
2. Electrification of Transportation
The automotive sector, particularly the EV segment, is a major driver of magnetic encoder IC demand. These encoders are essential in:
Automotive-grade magnetic encoders offer benefits like wide temperature ranges, high EMC immunity, and compact footprints, making them ideal for integration into modern vehicle platforms.
3. Miniaturization and Integration
To meet the space constraints of wearables, medical devices, consumer electronics, and mobile robotics, manufacturers are producing miniature encoder ICs that integrate signal processing, zero-position programming, self-calibration, and digital interfaces. This trend is accelerating adoption in areas where space and power efficiency are crucial.
This report aims to provide a comprehensive presentation of the global market for Magnetic Angle Encoder IC, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Magnetic Angle Encoder IC by region & country, by Type, and by Application.
The Magnetic Angle Encoder IC market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Angle Encoder IC.
Market Segmentation
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Published By : QY Research