Global Low Voltage Current Converter Market Growth 2025-2031

The global Low Voltage Current Converter market size is predicted to grow from US$ 4267 million in 2025 to US$ 7085 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.

A low-voltage current converter is a device that converts one signal into another signal. A signal is the form or vehicle in which information exists. It is a set of precision shunt resistors connected in series with 0.1Ω, 1Ω, 9Ω, 90Ω and 900Ω, which are controlled via an analogue interface and range control circuit. The full scale output signal voltage for each current range is 100mV.

The demand for low voltage current converters can be influenced by the requirements of different industries. For example, the need for precise current measurements in power systems, motor control applications, and renewable energy installations can drive demand for these converters. As industries focus on energy efficiency and monitoring power consumption, the demand for accurate current measurement and monitoring solutions, including current converters, can increase. The growth of industrial automation drives the demand for accurate current measurements in motor control, process control, and other automation applications. Current converters are used in renewable energy systems, such as solar inverters and wind turbines, to measure and control currents, contributing to the growth of the renewable energy sector. The electric vehicle market requires current measurement solutions for battery management, motor control, and charging systems, which can drive demand for low voltage current converters. The development of smart grids and grid monitoring systems requires accurate current measurement to manage power distribution effectively. Technological advancements such as improved accuracy, integration with digital communication protocols, and enhanced safety features can influence the adoption of low voltage current converters. Regulatory requirements and industry standards related to safety and accuracy in current measurement can impact the demand for compliant current converters.

LP Information, Inc. (LPI) ' newest research report, the “Low Voltage Current Converter Industry Forecast” looks at past sales and reviews total world Low Voltage Current Converter sales in 2024, providing a comprehensive analysis by region and market sector of projected Low Voltage Current Converter sales for 2025 through 2031. With Low Voltage Current Converter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage Current Converter industry.

This Insight Report provides a comprehensive analysis of the global Low Voltage Current Converter 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 Low Voltage Current Converter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low Voltage Current Converter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage Current Converter 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 Low Voltage Current Converter.

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

Segmentation by Type:
AC Converter
DC Converter

Segmentation by Application:
Mechanical Engineering
Automotive Industry
Aerospace
Oil And Gas
Chemical Industry
Medical Technology
Electrical Industry

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.
Rudolf Kiesewetter Messtechnik GmbH
3-K Elektrik GmbH
Gustav Klein GmbH & Co. KG
Analog Microelectronics GmbH
Arthur Behrens GmbH & Co. KG
attempo- Gebhard Schindler
BLOCK Transformatoren-Elektronik GmbH
Dahlhaus Transformatoren GmbH & CO KG
Debnar Messtechnik GmbH
EGGS ELEKTRONIK GmbH
Elektro Stoll GmbH
ELEQ b.v.
EMH metering GmbH & Co. KG
HÖTE - ELECTRONIC GmbH
Ing.-Büro Beyer
J. Schneider Elektrotechnik GmbH
Johann Lasslop GmbH
Pfiffner Instrument Transformers Ltd.
Angst+Pfister Sensors and Power AG
B&W TechComp Gmbh
Pri:Logy Systems GmbH
Changan Group Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Low Voltage Current Converter market?

What factors are driving Low Voltage Current Converter market growth, globally and by region?

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

How do Low Voltage Current Converter market opportunities vary by end market size?

How does Low Voltage Current Converter break out by Type, by Application?

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