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  Magnetic sensors have become one of the most essential components in modern electronics, industrial automation, automotive systems, and consumer devices. As industries advance toward smarter, more energy-efficient, and connected systems, magnetic sensors are evolving rapidly to meet rising performance demands. In 2026, the magnetic sensor market is witnessing significant innovation driven by new materials, advanced semiconductor technologies, and expanding applications across multiple sectors. Magnetic sensors work by detecting changes in magnetic fields and converting them into electrical signals. They are used to measure position, current, speed, direction, and proximity — making them indispensable in everything from smartphones and electric vehicles to factory equipment and renewable energy systems. The most widely used magnetic sensor technologies include Hall-effect sensors, anisotropic magnetoresistance (AMR), giant magnetoresistance (GMR), tunneling magnetoresistance (TMR...