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Hall Effect Sensor Market - Forecast(2021 - 2026)

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A   Hall Effect sensor   is used to determine the strength of a magnetic field. The sensor is nothing but a transducer which can increase or reduce the voltage output which can then accordingly be measured by a voltmeter.  The sensor can also be used to determine the position of a magnetic field by comparing the voltage fluctuations from an unknown magnet with that of a magnet which is in a known location. As a hall effect sensor can be used to detect a magnetic field, they can also be known as a switch. The hall effect sensors are used across a number of devices some of which include computer printers and photo copiers.  One of the fastest growing applications for hall effect sensors is the consumer electronics sector. Following this, the automotive, and the telecommunication sector are the next sectors that are driving the demand for hall effect sensor. A number of consumer electronic devices have started incorporating electronic compasses as part of navigational equipment for the pu