Global Current Sensor Market Growth 2024-2030

Global Current Sensor Market Growth 2024-2030

The global Current Sensor market size is projected to grow from US$ 3829 million in 2024 to US$ 6624 million in 2030; it is expected to grow at a CAGR of 9.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Current Sensor Industry Forecast” looks at past sales and reviews total world Current Sensor sales in 2023, providing a comprehensive analysis by region and market sector of projected Current Sensor sales for 2024 through 2030. With Current Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Current Sensor industry.

This Insight Report provides a comprehensive analysis of the global Current Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Current Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Current Sensor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Current Sensor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Current Sensor.

Global key players of Current Sensor include Asahi Kasei Microdevices, Allegro Microsystems, Melexis, TDK Micronas, LEM Holding, etc. The top five players hold a share over 52%. Europe is the largest market, and has a share about 28%, followed by North America and China with share 24% and 20%, separately. In terms of product type, Hall Effect Current Sensor is the largest segment, occupied for a share of 63%. In terms of application, Industrial has a share about 48 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Current Sensor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hall Effect Current Sensor
Shunt Based Current Sensor
xMR Current Sensor
Others

Segmentation by Application:
Industrial
Automotive
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Asahi Kasei Microdevices
Allegro Microsystems
Melexis
TDK Micronas
LEM Holding
Infineon
Honeywell
Sinomags
Kohshin Electric Corporation
Pulse Electronics Corporation
Robert Bosch
DENSO
Tamura
Texas Instruments
Continental
Nicera
BYD
MultiDimension Technology
CRRC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Current Sensor market?

What factors are driving Current Sensor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Current Sensor market opportunities vary by end market size?

How does Current Sensor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.