Magnetometer Market Set to Expand at a CAGR of 6.5% Through 2031
The Magnetometer Market is projected to grow at a steady CAGR of 6.5% from 2022 to 2031. Market growth is driven by the rising adoption of magnetometers in autonomous vehicles, military applications, and industrial automation. Additionally, increasing demand for high-precision magnetometers in geophysical surveys and mineral exploration is further fueling market expansion.
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