Global Current Sensors for Automotive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Current Sensors for Automotive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A current sensor is a sensor that will measure the intensity of the current flowing in electrical conductors. Hybrid electric vehicles (HEV) and electric vehicles (EV) continue to gain share in the overall global automotive market. The battery management system (BMS) for these vehicles carries out the important tasks of keeping the battery operating inside the safe operating area (SOA), monitoring power distribution, and keeping track of the state of charge (SoC). When the battery is the main source of energy for systems in HEVs/EVs, it is essential to have information about its charging and discharging cycles. Current sensors are the main source of information for charging and discharging cycle information by reporting the status of battery SOH to the battery management system. They may be located onboard or externally. For a typical battery, current sensors measure the current flowing into (when charging) or out of (when discharging) the battery.

According to our (Global Info Research) latest study, the global Current Sensors for Automotive market size was valued at US$ 488 million in 2023 and is forecast to a readjusted size of USD 1341 million by 2030 with a CAGR of 15.7% during review period.

Global key players of current sensors for automotive include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., etc. The top five players hold a share over 57%. Europe is the largest producer of current sensors for automotive, holds a share over 32 percent. In terms of product type, Hall Based Current Sensor is the largest segment, occupied for a share of 60%, and in terms of application, Gas Vehicle has a share about 58 percent.

This report is a detailed and comprehensive analysis for global Current Sensors for Automotive market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Current Sensors for Automotive market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2019-2030

Global Current Sensors for Automotive market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2019-2030

Global Current Sensors for Automotive market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2019-2030

Global Current Sensors for Automotive market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/K Units), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Current Sensors for Automotive

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Current Sensors for Automotive market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental, Kohshin Electric Corporation, Infineon, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Current Sensors for Automotive market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hall Based Current Sensor
Shunt Based Current Sensor
Others

Market segment by Application
Gas Vehicle
Electric Vehicle

Major players covered
LEM Holding SA
Allegro Microsystems, LLC
Melexis NV
TDK Micronas
Honeywell International Inc.
Robert Bosch GmbH
DENSO
Continental
Kohshin Electric Corporation
Infineon
Nicera
BYD
CRRC
Sinomags Electrical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Current Sensors for Automotive product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Current Sensors for Automotive, with price, sales quantity, revenue, and global market share of Current Sensors for Automotive from 2019 to 2024.

Chapter 3, the Current Sensors for Automotive competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Current Sensors for Automotive breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Current Sensors for Automotive market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Current Sensors for Automotive.

Chapter 14 and 15, to describe Current Sensors for Automotive sales channel, distributors, customers, research findings and conclusion.