Magnetometer Market Set to Expand at a CAGR of 6.5% Through 2031
The global magnetometer market is witnessing substantial growth, driven by the increasing adoption of magnetic field measurement technologies across diverse industries. These devices are essential for detecting and measuring magnetic fields, with applications in aerospace, defense, automotive, geophysics, and consumer electronics. The market's expansion is propelled by rising investments in space exploration, the growing need for advanced navigation solutions, and ongoing innovations in sensor technology.
The magnetometer market is expected to expand at a ste
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