BOSTON--(BUSINESS WIRE)--Allegro Microsystems holds a 28 percent market share in the automotive magnetic semiconductor sensor market – 7 percent higher than its nearest rival, according to the Strategy Analytics Automotive Electronics report, “Automotive Magnetic Sensor Semiconductor Vendor Market Shares 2011.”
“Automotive Magnetic Sensor Semiconductor Vendor Market Shares 2011.”
Allegro’s strong share of key engine management magnetic sensors for camshaft and crankshaft sensing along with strong growth in current sensing applications such as those used electric power steering systems has made them the market leader in automotive magnetic sensing.
According to Mark Fitzgerald, Associate Director in the Strategy Analytics Automotive Electronics Service, “Automotive magnetic semiconductor sensor vendors are vying for share in the expanding, yet extremely competitive market for magnetic speed, position and current sensors that are used in automotive engine and transmission applications to limit harmful emissions and reduce fuel consumption as well as providing precise control of safety and comfort systems throughout the vehicle.”
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