MRRSE Magnetic Field Sensors Market | Page 5

Enquiry For This Report @ http://www.mrrse.com/enquiry/1325 Magnetic field sensors market has been geographically segmented into four regions, namely North America, Europe, Asia Pacific and Rest of the World. North America acquired the largest share of the market in 2014 and was followed by Europe. These two regions conjointly held more than 70% of the global magnetic sensors market in 2014. The technological advancements in the field of magnetic sensors are being widely implemented across various industries in these regions and this is primarily driving the market. In addition, large deployments of smart grids and smart meters have also been positively impacting the growth of this market. Asia Pacific is projected to be the fastest growing region during the forecast period.