SENSITEC GMBH

Company Snapshot

Founded: 1999
Entity Type: Private
Region: Germany
Headquarter: Wetzlar, Germany
Key Geographics: Germany
Corporate Address: Wetzlar Schanzenfeldstr. 2, 35578 Wetzlar, Germany Tel. +49-0-6441-5291-0 www.sensitec.com

Company Overview

Sensitec GmbH develops products for series applications in close interaction with its customers, largely in the fields of medical technology, automation, measurement and control technologies, the automotive industry and space technology. The company's MR-sensors are in use where movement is being controlled and steered and where paths, angles, positions and electric or magnetic fields are measured and detected. The company manufactures magnetoresistive sensors (AMR, giant magnetoresistance, tunnel magnetoresistance) for application in automotive, space, industry automation, measurement and test applications as well as in renewable energies. Sensitec is involved in the process from chip design and production to the design of customized measurement scales and the development of integrated signal-processing electronics for specific applications. In Sept. 2021, Sinomags Electronic Technology Co. Ltd, acquired Sensitec GmbH, in order to expand its market share and offerings.

SENSITEC GMBH In Reports

Sensors for the Internet of Things (IOT): Global Markets

According to BCC Research global market for IoT sensors should grow from $10.9 billion in 2021 to $36.6 billion by 2026 with a compound annual growth rate of 27.4%.

Sensors: Technologies and Global Markets

Global market for sensors is estimated to grow from $156.6 billion in 2021 to reach $249.6 billion by 2026 at a CAGR of 9.8% during the forecast period of 2021-26.

Sensors for Robotics: Technologies and Global Markets

The global market for robotic sensors should grow from $668.2 million in 2020 to $1.0 billion by 2025, at a compound annual growth rate (CAGR) of 9.4% for the period of 2019-2025.

Company's Business Segments

  • Products : Sensor Chips, Encoder and Magnetics, Current Sensors
  • Services : Technical Inquiry, Complaint Processing, Customized Development

Applications/End User Industries

  • Automotive
  • Automation
  • Aerospace
  • Medical
  • Biosensors
  • Renewable Energy
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