Magnetic Sensor Market Growth is driven by substantial rise in demand in consumer electronics

According to a recent report published by Allied Market Research, titled, "Magnetic Sensor Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2018–2026," the global magnetic sensor market size was valued at $2.21 billion in 2018, and is projected to reach $4.22 billion by 2026, registering a CAGR of 6.9% from 2019 to 2026.

The key magnetic sensor market size leaders profiled in the report include Analog Devices, Amphenol, Honeywell International, NXP semiconductors N.V., Schneider Electric, Infineon Technologies AG, ST Microelectronics, TE Connectivity, TDK Corporation, and Texas Instruments. These key players adopted several strategies such as new product launch and development, acquisition, partnership & collaboration, and business expansion to increase their magnetic sensor industry share.

The magnetic sensor market is expected to experience growth from 2019 to 2026 due to increase in applications of magnetic sensors in various industries such as automotive, consumer electronics, aerospace, defense, healthcare, and others. Increase in technological advancements related to electrification of vehicles, rise in adoption of smart products, and robotics by industries for automation, and integration of IoT technology are the major factors responsible for the magnetic sensor market growth.

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Rise in demand for magnetic sensor in consumer electronics, growth in automotive industry and surge in need for the adoption of magnetic sensor in medical application are some of the factors that fuel the adoption of magnetic sensors. However, high installation cost, which acts as a restraint for the growth of the market. Growth in trend of internet of things and developments in autonomous vehicles in provides lucrative opportunities for the magnetic sensor market.

The sensors are widely used in automotive, aerospace & defense, and other industries. In automotive sector, vehicles incorporate such as accelerometer, position sensor, proximity sensor, and others, to keep a track on parameters, and provide a centralized system for automatic control. 

Technological advancements in magnetic sensor technologies offer innovative and additional features to the medical devices and equipment. Magnetic sensors are used by doctors for tracking the speed of components in medical test equipment such as measuring magnetic field in near and MRI machines. Moreover, magnetic sensors measure the position of components in blood analysis machines and proper location of needles in medical syringes. 

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Consumers are increasingly demanding smart devices such as fitness and health devices, smart watches, and GPS-enabled devices, which have increased the demand for accelerometers and speed sensors. These magnetic sensors need to be integrated in mobile devices such as smartphones and tablets, to enhance the screen orientation, gaming, and GPS connectivity. For instance, scientists have developed a new accelerometer technology that enables smart watches to recognize gestures such as taps and flicks, as well as identify objects held in the user’s hand, making possible new types of interactions with wearable devices. Thus, all these factors are responsible for the growth of the magnetic sensor in the near future. 

The growth of the magnetic sensor industry is driven by substantial rise in demand for magnetic sensor in consumer electronics, growth in automotive industry, and surge in need for the adoption of magnetic sensor in medical application. However, high installation cost restrains the growth of the market. Furthermore, growth in trend of Internet of Things and developments in autonomous vehicles offer lucrative opportunities for the market growth. The magnetic sensor market trends are analyzed across North America, Europe, Asia-Pacific, and LEMEA. Asia-Pacific secured highest revenue share in 2018.

Key Findings of the Study:

  • By type, the hall effect sensor segment generated the highest revenue in the magnetic sensor market in 2018.
  • By application, the detection segment generated the highest revenue in the market in 2018.
  • By end user, the automotive segment generated the highest revenue in the market in 2018.
  • By region, Asia- Pacific generated the highest revenue in the magnetic sensor market in 2018.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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Epoxy Injection Is Crowned as Number One Solution for Foundation Crack Repairs

DryShield Water Solutions have released their last year data, and named epoxy injection as their number one solution for most of foundation crack repair. It is used majorly because of the strength and features it adds to the structure.

Wet basements and cracked foundations are one of the very common problems found with homes after a few years hampering the structural strength of the building. Epoxy injections are considered the best option available to tackle such issues, and in fact, increase the strength extending the life of your building. The main reason behind this because it fills the gaps caused due to stress in the concrete and also glues it together to form a durable base.

The spokesperson of the company also stated several other benefits when asked why do they trust this treatment as their best option. The epoxy injection helps in stopping the water seepage through the cracks by filling the gaps. Thus, eliminating the problem of moisture and issues created due to an increase in humidity like the growth of molds and mildews. These cause a threat to the health of the residents making it a worse problem. Another reason is that epoxy binds the concrete together and promotes extra strength to the structure. Therefore, it extends the life of your building’s structure by at least a few more years.

When asked if epoxy is the ultimate solution, the company replied by saying that it is just a common way for foundation crack injection. However, the main reason behind these cracks is the extra tensile stress forced upon the structure. So, if you want to have a permanent solution, then it better to focus on the main reason behind these cracks.

About the Company

DryShield Water Solutions is Canada’s one of the largest waterproofing companies. Operating from Ontario, it has successfully tackled hundreds of wet basement problems for residents from nearby areas. They specialize in services like foundation waterproofing, mold remediation, crawl space containment, and concrete crack injections.

Calgarys ClearView Services Ramps Up Safety Measures During COVID 19 Pandemic

Friday April 10, 2020

Calgary, AB:Family-owned plumbing and heating specialist ClearView Services has revealed it is maintaining an essential lifeline to Calgary citizens during the coronavirus pandemic by taking extra safety precautions.

With the province of Alberta seeing positive COVID-19 cases spiral past 1,400 in recent days, the team at ClearViewis determined to ensure containment and transmission prevention are followed to maintain safety for their workers and their clients on callouts.

ClearView's owner Kyle Lumsden said the company was abiding by a four-step approach

while remaining on the front foot in solving plumbing and electrical-related problems.

These consist of routine application of sanitizer, constant wiping down of surfaces in workers' vehicles and tools after each visit, cleaning work areas with disinfectants, as well as observing social distancing rules.

Mr Lumsden said: "While COVID-19 has changed the way many of us live and work, ClearView's team of plumbers, HVAC technicians and electricians are continuing to maintain essential services. As always, we're here to serve the community in its time of need."

Those services extend from leaking taps and overflowing toilets to more challenging problems such as sewer blockages and repairs. Their electrical division is also on hand to provide solutions for any arising electric, heating and air conditioning issues.

"Whatever the task, large or small, our focus at ClearView is service excellence and craftsmanship in both materials and installation," added Mr Lumsden, who started ClearView nearly 25 years ago.

The company, which only employs experienced and certified technicians, has grown to nine trucks and over 12 employees. "We seek to fix problems and prevent them from ever happening again by addressing their root cause.

 "ClearView has long been the name Calgarians can call upon for reliable service and quality results that ultimately save the day - and no more so than during the COVID-19 pandemic outbreak," he said.

Turning to hiring a plumber or an electrician during the times of coronavirus, Mr Lumsden urged residents to ask what precautions are taken by a home-services contractor, that they are licensed and to check their reviews.

For more information about ClearView Services or to book an appointment, call 403-216 -8439 or to discover more about their services click over to their website: https://clearviewplumbing.ca/.

Holistic Health Group Offers Update on Medical Marijuana Dispensary

Middleborough, MA, April 10, 2020 -- Holistic Health Group, Inc., a Massachusetts corporation organized for the purpose of cultivating, processing and dispensing medical marijuana, recently provided a construction update for its medical marijuana dispensary at 477 Wareham Street in Middleborough, Massachusetts. The 31,000 square-foot facility is currently nearing completion. James Crowley, of Frankie Investments, LLC, is the general contractor.

To date, Holistic Health Group has constructed the shell of building on the site, which will house the medical/recreational center for cannabis cultivation, manufacturing and sales. The facility is located adjacent to Ryco Excavating and Interstate 495, just a half mile off Exit 3.

“We’re making progress on the dispensary and looking good for an open date this fall, maybe even sooner should we get the appropriate permitting to grow outdoors this summer,” said Tim McNamara, principal of Holistic Health Group, Inc. “If we’re able to take advantage of the Massachusetts agricultural growing season this summer it may mean up to $10 million in sales this year, which would translate to $300,000-plus in tax revenues for the town of Middleborough under our adult use host agreement.”

Holistic Health Group will hire eight to 10 local employees as soon as this summer if the outdoor plans can proceed – the group plans to employ an all organic, living soil grow protocol – but the COVID-19 virus might delay the necessary approvals beyond the growing season, depending on how things play out statewide. That number is expected to grow to 35 or 40 with approval for the current outdoor growing season and expansion into the recreational marijuana business.

“The news nationally and locally has obviously been bleak. Besides loss of life, the economic impact of this crisis has also hurt a lot of people,” said McNamara. “We’re hoping, with some positive feedback from the town, Holistic Health Group can be part of the local recovery effort by providing much needed jobs for local residents and revenue for the town at a crucial time.”

Holistic Health Group, Inc. will tentatively appear before the Middleborough Planning Board in May - once social distancing restrictions are lifted. In the meantime, the group intends to have a follow-up “virtual job fair” via Zoom, for Middleborough residents only on Thursday, April 30 at 5:30PM.

For information on Holistic Health Group, you can visit http://www.holistichealthgroup.org/. For questions and those interested in the employment and job fair, send an to the company’s general email address at This email address is being protected from spambots. You need JavaScript enabled to view it. with “Employment” in the subject line and somebody will respond to your inquiry.

Media Contact:
Steven V. Dubin, PR Works
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Boston Sports Medicine now Offers Telehealth Physical Therapy Services in The Comfort of Your Home

Boston, MA, April 10, 2020 -- Boston Sports Medicine, a provider of exceptional physical therapy care to thousands in the Boston area and beyond, is now offering Telehealth or E-Visit physical therapy services to their existing patients, and Telehealth to any patient in Massachusetts who has lost their physical therapy due to office closure or reduction in staff.

With intensifying concerns surrounding the Coronavirus (COVID-19) pandemic, Telehealth or E-Visits have become of paramount importance to ensure the safety of patients and health care providers.

Physical Therapy via computer or another device
Telehealth or E-Visits are the remote delivery of health care services and clinical information using communications technology, such as Internet, wireless and phone media. Boston Sports Medicine patients now have the opportunity to seamlessly continue their care through video appointments, while practicing social distancing, remaining in their home, and minimizing their exposure to the virus.

“Approximately half of the patients we see critically need physical therapy guidance,”explained Dr. Michael J. Velsmid, DPT, MS, Director of Boston Sports Medicine. “Many people have just had surgery, young children have recently had their casts removed, people with debilitating back and neck pain and others who have acute injury or medical conditions are without anyone to speak with to learn how to cope and what they and their family can do. Our Telehealth or E-Visit services enable us to deliver essential physical therapy and clinical information remotely to continue their care in the safety of their home.”

Benefits of Physical Therapy by Telehealth
In addition to minimizing exposure to the virus, Boston Sports Medicine’s Telehealth/E-Visit physical therapy provides a number of benefits including:

Convenience – Patients receive physical therapy care from the comfort, safety, and privacy of their home or anywhere with connection to communications technology.

Security – Boston Sport Medicine’s technology platform used for Telehealth and E-Visits are HIPAA compliant, ensuring that private health information is protected.

Simplicity – Patients use a computer or any device with a camera and internet. If there is no access to a camera, Boston Sport Medicine’s physical therapist can do Telehealth visits by phone.

Office appointments at Boston Sports Medicine’s locations are available at the moment but currently limited due to their efforts to “flatten the curve” by strict adherence to grouping guidelines and social distancing.

Access to the best therapists no matter where you are
To request a Telehealth or E-Visit physical therapy appointment, visit https://www.bostonsportsmed.com/request-appointment/ and a Boston Sports Medicine physical therapist will see you on your device in the comfort of your home covered by your MA-based health insurance plan, Medicare, Tricare, and many other out of state plans.

The Department of Public Health issued guidance on March 15, 2020 to all commercial insurers and the Group Insurance Commission regarding the coverage of medically necessary telehealth services. To review the full order, visit https://www.mass.gov/doc/march-15-2020-telehealth-order/download

Boston Sports Medicine has taken it a step further to help the most vulnerable population by waiving all copayments and deductibles for its Medicare beneficiaries who use E-Visits.

For important information about Coronavirus (COVID-19), visit the CDC’s website: https://www.cdc.gov/coronavirus/2019-nCoV/index.html

About Boston Sports Medicine, Inc:
Since 1999, Boston Sports Medicine has provided exceptional physical therapy care to thousands in the Boston area community and from abroad. Boston Sports Medicine specializes in sports, dance, orthopedic, and post-surgical physical and aquatic therapy with clinics all over the Greater Boston area. Their team of physical therapists specialize in post-surgical rehabilitation, running injuries, all field sport injuries, shoulder, back and neck injuries, dance injuries, aquatic therapy, and manual therapies. Boston Sports Medicine is a trusted member of the Boston Ballet Health Alliance, and is recognized by the New England Consortium of Academic Coordinators of Clinical Education for excellence in clinical education. Boston Sports Medicine clinics are located in Allston, Brookline, East Cambridge, Somerville, Swampscott, Watertown and West Roxbury, MA. For more information about Boston Sports Medicine and their Telehealth Services, visit BostonSportsMed.com or call 617-787-8700.

Media Contact:
Steven V. Dubin, PR Works
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781-582-1061