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The magnetic angle sensor market is expected to experience substantial growth over the forecast period 2023-2031, driven by factors such as technological advancements, increasing adoption of automation, and the need for high accuracy and reliability in sensing applications. The Asia-Pacific region is expected to dominate the market in terms of growth due to the presence of major manufacturing hubs in countries such as China, Japan, and South Korea. The market is driven by the need for high-precision and accurate sensing solutions in critical applications, as well as the rise in adoption of electric vehicles and the need for battery management systems in the automotive industry.
