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Allegro MicroSystems: Market Leader in Magnetic Sensors with 30% Potential - Tailwinds from E-Mobility, AI Servers, and Robotics!

R. Dietenberger
Reading Time: 2 minutes

Allegro MicroSystems (ALGM, i) is regarded as a leading provider of magnetic sensors, which are used for precise measurements of currents as well as rotational speeds, velocities, or positions of objects. This market is expected to grow by an average of 30% annually until 2030. Additionally, power semiconductors for power control and thermal management represent a total market opportunity of 12 billion USD, primarily serving the automotive and industrial sectors. There are over 10,000 customers, none of whom are responsible for more than 10% of...

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