United Kingdom Magnetic Sensor Market Size, Share, and COVID-19 Impact Analysis, By Technology (Hall Effect, Anisotropic Magnetoresistance (AMR), Giant Magnetoresistance (GMR), Tunnel Magnetoresistance (TMR), and Others), By Application (Automotive, Consumer Electronics), and United Kingdom Magnetic Sensor Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Magnetic Sensor Market Insights Forecasts to 2035

• The United Kingdom Magnetic Sensor Market Size was estimated at USD 120.77 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.04% from 2025 to 2035
• The United Kingdom Magnetic Sensor Market Size is Expected to Reach USD 230.22 Million by 2035

According to a research report published by Spherical Insights & Consulting, the United Kingdom Magnetic Sensor Market is anticipated to reach USD 230.22 million by 2035, growing at a CAGR of 6.04% from 2025 to 2035. The market for magnetic sensors is expanding due to the increased use of automation and robotics, as well as improvements in electronic gadgets. Furthermore, to meet consumer demand for motion detection, speed, and proximity in end-use applications, these players aim to develop radars, which will accelerate market expansion.

Market Overview

The industry in the United Kingdom that deals with the creation, production, distribution, and use of magnetic sensor devices that detect and measure magnetic fields is referred to as the magnetic sensor market. Magnetic sensors are mostly used to detect changes in the magnetic field's strength, direction, and flux. Additionally, it serves as a detecting sensor, which is then utilized to estimate and compute the total magnetic field and vector components of the field. The market is anticipated to benefit from the high penetration of sophisticated, feature-rich smartphones and tablets in the next years, which has made enhanced sensing components necessary. Additionally, non-destructive testing (NDT) and medical research and development have made substantial use of magnetic sensors. The widespread use of magnetic sensors in automotive, aerospace, and defense applications defines the UK magnetic sensor market. Magnetic sensors are likely to become more in demand as the UK continues to invest in sophisticated engineering and EV infrastructure, particularly in applications like autonomous navigation, current sensing, and drivetrain monitoring. Additionally, manufacturers are concentrating mostly on product development to meet the increasing need for improved sensory elements. In order to meet consumer demand for motion detection, speed, and proximity in end-use applications, these players aim to develop radars, which will accelerate market expansion.

Report Coverage

This research report categorizes the market for the United Kingdom magnetic sensor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom magnetic sensor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom magnetic sensor market.

Driving Factors

The market for the United Kingdom magnetic sensor is propelled by the growing demand for automation, the growing use of sensors in smart systems, and technical breakthroughs. Further, one of the primary factors is the increased deployment of magnetic sensors in the automotive industry due to notably for electric vehicles (EVs) and advanced driver-assistance systems (ADAS). Furthermore, the emergence of industrial expansion has raised the need for precision sensing in robotics and industrial automation. With magnetic sensors enabling applications in imaging systems and diagnostic equipment, the healthcare industry also makes a substantial contribution. Furthermore, the UK's emphasis on smart grid infrastructure and renewable energy sources feeds demand for magnetic sensors in monitoring and control applications. Besides, substantial investment in research and innovation, and strongly backed by government programs, which heightened the market revenue.

Restraining Factors

The market expansion could be reduced by some barriers, like their higher cost compared to consumer electronics and certain automotive applications, higher shipments have been observed due to the growing demand for magnetic sensors, price erosion, and fierce competition with one another.

Market Segmentation

The United Kingdom magnetic sensor market share is classified into technology, and application

• The tunnel magnetoresistance (TMR) segment held a significant share in 2024 and is expected to grow at a rapid pace during the forecast period.

The United Kingdom magnetic sensor market is divided by technology into Hall effect, anisotropic magnetoresistance (AMR), giant magnetoresistance (GMR), tunnel magnetoresistance (TMR), and others. Among these, the tunnel magnetoresistance (TMR) segment held a significant share in 2024 and is expected to grow at a rapid pace during the forecast period. The widespread usage of due to automation, efficiency, and safety in vehicles is the reason for this dominance. Their important regulatory agencies are influencing the segment expansion by highlighting the use of hybrid and electric vehicles in response to growing environmental pollution concerns.

• The automotive segment held the largest market share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The United Kingdom magnetic sensor market is segmented by application into automotive, and consumer electronics. Among these, the automotive segment held the largest market share in 2024 and is anticipated to grow at a substantial CAGR over the forecast period. This is because of is more for automation, efficiency, and safety in vehicles, which include magnetic field sensing, position detection, speed sensing, and current monitoring. Further, in response to growing environmental pollution concerns, major regulatory agencies worldwide are influencing the segment's growth by highlighting the use of electric and hybrid vehicles.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom magnetic sensor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• TT Electronics plc
• Oxford Instruments plc
• Eclipse Magnetics
• Bartington Instruments Ltd
• Thomas White (Leicester) Ltd
• PCE Instruments
• Others

Recent Developments:

• In June 2025, Neuranics, a Glasgow-based innovator in ultra-sensitive magnetic sensors, established the UK’s first dedicated magnetic sensor nanofabrication facility, backed by the £160 million Glasgow City Region Investment Zone. It’s a strategic trifecta driving regional growth, sustainability, and inclusive innovation across the UK and Scotland.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom magnetic sensor market based on the below-mentioned segments:

United Kingdom Magnetic Sensor Market, By Technology

• Hall Effect
• Anisotropic Magnetoresistance (AMR)
• Giant Magnetoresistance (GMR)
• Tunnel Magnetoresistance (TMR)
• Others

United Kingdom Magnetic Sensor Market, By Application

• Automotive
• Consumer Electronics