Current Sensor Market by Measurement (Less than 10A, 10-100A, Above 100A), Offering (Isolated, Non-isolated), Technology (Hall-effect, AMR, GMR, TMR, Flux Gate, Current Sensing Amplifier, Opto-isolated and Shunt Isolated OP Amp) - Global Forecast to 2030
The global current sensor market was valued at USD 3.24 billion in 2025 and is estimated to reach USD 5.41 billion by 2030, registering a CAGR of 10.8% during the forecast period. Increasing use of battery-driven systems and rising focus on renewable power, creating demand for low-power-consuming power monitoring solutions. The pervasive adoption of Hall-effect current sensors and the picking up demand from the consumer electronics market further substantiates the growth in the market. Furthermore, the swift production of hybrid and electric vehicles is spurring the demand for precise and resilient current sensing technology.
“Closed-loop current sensors to contribute significant share in current sensor market.”
In current sensor market by loop type, the closed-loop segment accounted for the highest share in 2024 owing to more accuracy, has quick response time, and high stability in the measurement of current for a wide range of applications. Closed-loop current sensors employ a compensation coil that counteracts the magnetic field developed by the primary current, hence producing accurate and linear measurements with less drift with time. These sensors are predominantly used in industrial automation, automotive, and energy industries where precise current monitoring is critical for motor control, power conversion, and battery management systems. Increasing use of electric vehicles (EVs) and hybrid electric vehicles (HEVs) has increased demand for closed-loop sensors as they have high bandwidth and low temperature dependence, and thus are well suited for power inverters and charging infrastructure. Moreover, the growing applications of renewable energy sources like solar and wind power have necessitated highly precise current sensing in the fields of energy storage and grid management. As semiconductor technologies improve and the demand for stable, high-performance sensing applications grows, closed-loop current sensors remain the industry leader.
“Magnetic current sensors to grow significantly in the current sensor market.”
Magnetic current sensors are anticipated to have the highest CAGR during the forecast period in the market for current sensors because they can offer non-intrusive, high-precision current measurements with low power loss. Hall-effect, AMR, GMR, TMR, and flux gate technologies are some of the sensors that are becoming more popular due to their versatility, small size, and high efficiency in measuring AC and DC currents. Growing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs) has been the key driver for market growth, as magnetic current sensors are central to battery management systems (BMS), power inverters, and motor controllers. The growing number of renewable energy projects, especially solar and wind power projects, has created demand for accurate current sensing in energy storage and grid stabilization. Industrial automation, consumer electronics, and telecommunications are also major industries that are leading growth. Demand for accurate power monitoring in high-frequency switching applications keeps growing. In addition, improvements in semiconductor technology have made highly sensitive and cost-effective magnetic current sensors possible, which continue to gain popularity across industries.
“Asia Pacific will contribute significantly to the growth rate in current sensor market.”
The Asia Pacific is anticipated to exhibit highest CAGR for the current sensor market over the forecast period through speedy industrialization, rising auto manufacturing, and heightened utilization of alternative sources of energy. Some of the prime countries like China, Japan, South Korea, and India lead electric vehicle (EV) manufacturing where existing sensors find pivotal functions in battery control systems, power inverters, and motor drive units. Also, the growing emphasis on smart grids and renewable energy infrastructure, particularly solar and wind power, has stimulated demand for high-accuracy current sensing solutions. The consumer electronics market in the region, with strong demand for smartphones, wearables, and home automation devices, also stimulates market growth. Expanding industrial automation and robotics, especially in manufacturing and process industries, have also increased the adoption of current sensors for real-time monitoring and energy efficiency. Moreover, government initiatives promoting electrification, energy efficiency, and smart infrastructure projects are driving further investments in advanced current sensing technologies, contributing to the region’s strong market growth.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the current sensor market place.
Research Coverage
This research report categorizes the current sensor market by current sensing methods, loop types, technologies, mounting types, measurement ranges, output types, industries and region (North America, Europe, Asia Pacific). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the current sensor market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the current sensor market. This report covers competitive analysis of upcoming startups in the current sensor market ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the current sensor market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Closed-loop current sensors to contribute significant share in current sensor market.”
In current sensor market by loop type, the closed-loop segment accounted for the highest share in 2024 owing to more accuracy, has quick response time, and high stability in the measurement of current for a wide range of applications. Closed-loop current sensors employ a compensation coil that counteracts the magnetic field developed by the primary current, hence producing accurate and linear measurements with less drift with time. These sensors are predominantly used in industrial automation, automotive, and energy industries where precise current monitoring is critical for motor control, power conversion, and battery management systems. Increasing use of electric vehicles (EVs) and hybrid electric vehicles (HEVs) has increased demand for closed-loop sensors as they have high bandwidth and low temperature dependence, and thus are well suited for power inverters and charging infrastructure. Moreover, the growing applications of renewable energy sources like solar and wind power have necessitated highly precise current sensing in the fields of energy storage and grid management. As semiconductor technologies improve and the demand for stable, high-performance sensing applications grows, closed-loop current sensors remain the industry leader.
“Magnetic current sensors to grow significantly in the current sensor market.”
Magnetic current sensors are anticipated to have the highest CAGR during the forecast period in the market for current sensors because they can offer non-intrusive, high-precision current measurements with low power loss. Hall-effect, AMR, GMR, TMR, and flux gate technologies are some of the sensors that are becoming more popular due to their versatility, small size, and high efficiency in measuring AC and DC currents. Growing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs) has been the key driver for market growth, as magnetic current sensors are central to battery management systems (BMS), power inverters, and motor controllers. The growing number of renewable energy projects, especially solar and wind power projects, has created demand for accurate current sensing in energy storage and grid stabilization. Industrial automation, consumer electronics, and telecommunications are also major industries that are leading growth. Demand for accurate power monitoring in high-frequency switching applications keeps growing. In addition, improvements in semiconductor technology have made highly sensitive and cost-effective magnetic current sensors possible, which continue to gain popularity across industries.
“Asia Pacific will contribute significantly to the growth rate in current sensor market.”
The Asia Pacific is anticipated to exhibit highest CAGR for the current sensor market over the forecast period through speedy industrialization, rising auto manufacturing, and heightened utilization of alternative sources of energy. Some of the prime countries like China, Japan, South Korea, and India lead electric vehicle (EV) manufacturing where existing sensors find pivotal functions in battery control systems, power inverters, and motor drive units. Also, the growing emphasis on smart grids and renewable energy infrastructure, particularly solar and wind power, has stimulated demand for high-accuracy current sensing solutions. The consumer electronics market in the region, with strong demand for smartphones, wearables, and home automation devices, also stimulates market growth. Expanding industrial automation and robotics, especially in manufacturing and process industries, have also increased the adoption of current sensors for real-time monitoring and energy efficiency. Moreover, government initiatives promoting electrification, energy efficiency, and smart infrastructure projects are driving further investments in advanced current sensing technologies, contributing to the region’s strong market growth.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the current sensor market place.
- By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
- By Designation: C-level Executives – 48%, Directors – 33%, and Others – 19%
- By Region: North America– 35%, Europe – 18%, Asia Pacific– 40% and RoW- 7%
Research Coverage
This research report categorizes the current sensor market by current sensing methods, loop types, technologies, mounting types, measurement ranges, output types, industries and region (North America, Europe, Asia Pacific). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the current sensor market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the current sensor market. This report covers competitive analysis of upcoming startups in the current sensor market ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the current sensor market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Growing use of battery-powered systems and increasing focus on renewable energy, high adoption of hall-effect current sensors, increasing demand from consumer electronics industry), restraints (Intense pricing pressure resulting in fluctuations in average selling price (ASP), accuracy and sensitivity trade-offs with high electromagnetic interference (EMI)), opportunities (Increase in number of networked devices, increase in manufacturing of hybrid and electric cars, miniaturization of current sensors, global investments for renewable energy adoptions), and challenges (Fluctuations in accuracy of current sensors over varying temperature ranges and need for product differentiation and development of innovative solutions) influencing the growth of the current sensor market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the current sensor market
- Market Development: Comprehensive information about lucrative markets – the report analyses the current sensor market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the current sensor market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like as Asahi Kasei Corporation (Japan), Infineon Technologies AG (Germany), Allegro MicroSystems, Inc. (US), LEM International SA (Switzerland), and TDK Corporation (Japan) among others in the current sensor market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.3.3 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Intended participants and key opinion leaders
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 FACTOR ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach to estimate market size using top-down analysis
(supply side)
2.4 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CURRENT SENSORS MARKET
4.2 CURRENT SENSORS MARKET IN ASIA PACIFIC, BY COUNTRY AND INDUSTRY
4.3 CURRENT SENSORS MARKET, BY TECHNOLOGY
4.4 CURRENT SENSORS MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing use of battery-powered systems and increasing focus on renewable energy
5.2.1.2 High adoption of Hall-effect current sensors
5.2.1.3 Increasing demand from consumer electronics industry
5.2.2 RESTRAINTS
5.2.2.1 Intense pricing pressure resulting in fluctuations in
average selling price
5.2.2.2 Accuracy and sensitivity trade-offs with high electromagnetic interference
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in number of networked devices
5.2.3.2 Increase in manufacturing of hybrid and electric cars
5.2.3.3 Miniaturization of current sensors
5.2.3.4 Global investments for renewable energy adoptions
5.2.4 CHALLENGES
5.2.4.1 Fluctuations in accuracy of current sensors over varying
temperature ranges
5.2.4.2 Need for product differentiation and development of
innovative solutions
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE ANALYSIS OF CURRENT SENSORS, BY KEY PLAYER
5.7.2 AVERAGE SELLING PRICE OF MAGNETIC CURRENT SENSORS, BY TYPE,
2024 (USD)
5.7.3 AVERAGE SELLING PRICE TREND OF CURRENT SENSORS, BY LOOP TYPE, 2020–2024 (USD)
5.7.4 AVERAGE SELLING PRICE TREND OF CURRENT SENSORS, BY REGION,
2020–2024 (USD)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Microelectromechanical system (MEMS)-based current sensors
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 3D magnetic sensing technology
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Microprocessor-based current sensors
5.8.3.2 Current relays
5.9 IMPACT OF AI ON CURRENT SENSORS MARKET
5.9.1 INTRODUCTION
5.10 PORTER'S FIVE FORCES ANALYSIS
5.10.1 INTENSITY OF COMPETITIVE RIVALRY
5.10.2 BARGAINING POWER OF SUPPLIERS
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 THREAT OF SUBSTITUTES
5.10.5 THREAT OF NEW ENTRANTS
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 CASE STUDY ANALYSIS
5.12.1 MONOLITHIC POWER SYSTEMS, INC.: TRANSFORMING ATMS WITH
ULTRA-SMALL, LINEAR HALL-EFFECT CURRENT SENSORS
5.12.2 HANGZHI PRECISION: CURRENT SENSOR BASED ON FLUXGATE
PRINCIPLE FOR VACUUM COATING MACHINES
5.12.3 ELECTROHMS: OPTIMIZING CURRENT SENSORS IMPROVED
THERMAL MANAGEMENT FEATURES
5.13 TRADE ANALYSIS
5.13.1 IMPORT SCENARIO (HS CODE 850490)
5.13.2 EXPORT SCENARIO (HS CODE 850490)
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 TARIFF ANALYSIS
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.14.3 STANDARDS
5.14.3.1 IEEE 1451 Smart Transducer Interface Standard for
Sensors and Actuators
5.14.3.2 IEEE C37.118 Sensor Requirements of Smart Grids
5.14.3.3 International Electrotechnical Commission (IEC)
5.14.3.4 IEC 60364-4-43: Low-voltage electrical installations -
Protection for safety - Protection against overcurrent
5.14.3.5 IEC 60269
5.14.3.6 ATmosphere EXplosible (ATEX)
5.14.3.7 Edison Testing Laboratories (ETL)
5.14.4 REGULATIONS
5.15 PATENT ANALYSIS
5.16 KEY CONFERENCES AND EVENTS, 2025
6 CURRENT SENSORS MARKET, BY CURRENT SENSING METHOD
6.1 INTRODUCTION
6.2 CONTACT-BASED CURRENT SENSING
6.2.1 INCREASING DEMAND, HIGH ACCURACY, HIGH POWER,
AND WIDE MEASUREMENT RANGE WITH MINIMAL LOSS
6.3 CONTACTLESS SENSING
6.3.1 NEED FOR ELECTRICAL ISOLATION, MINIMAL CIRCUIT INTERFERENCE,
AND EASE OF INSTALLATION AND MAINTENANCE
7 CURRENT SENSORS MARKET, BY LOOP TYPE
7.1 INTRODUCTION
7.2 OPEN-LOOP SENSORS
7.2.1 NEED FOR COST-EFFECTIVE AND EFFICIENT ENERGY MONITORING SOLUTIONS TO FUEL MARKET GROWTH
7.3 CLOSED-LOOP SENSORS
7.3.1 HIGH DEMAND IN EVS, INDUSTRIAL AUTOMATION, AND RENEWABLE ENERGY TO BOOST MARKET GROWTH
8 CURRENT SENSORS MARKET, BY OFFERING
8.1 INTRODUCTION
8.2 ISOLATED
8.2.1 NEED FOR SAFETY, POWER MONITORING, AND COST SAVINGS TO
DRIVE SEGMENT
8.3 NON-ISOLATED
8.3.1 HIGHLY SUITABLE FOR HIGH-VOLTAGE APPLICATIONS DUE TO
SAFETY CONCERNS
9 CURRENT SENSORS MARKET, BY TECHNOLOGY
9.1 INTRODUCTION
9.2 MAGNETIC CURRENT SENSORS
9.2.1 HALL-EFFECT CURRENT SENSORS
9.2.1.1 Ideal for automotive applications
9.2.2 AMR CURRENT SENSORS
9.2.2.1 Growing popularity in consumer electronics, automotive,
and medical sectors
9.2.3 GMR CURRENT SENSORS
9.2.3.1 Widely used in electrical and automobile equipment
9.2.4 TMR CURRENT SENSORS
9.2.4.1 Used to measure current, position, motion, and direction
9.2.5 FLUXGATE CURRENT SENSORS
9.2.5.1 Suitable for industrial equipment and medical equipment
9.3 CURRENT SENSING AMPLIFIER
9.3.1 MAKE FOR IDEAL NON-ISOLATED CURRENT TECHNOLOGY
9.4 OPTO-ISOLATED OP AMP
9.4.1 IDEAL CHOICE FOR DC AMPLIFICATION
9.5 SHUNT-ISOLATED OP AMP
9.5.1 HIGH-PERFORMING ALTERNATIVE TO ISOLATION TECHNIQUES BASED ON SHUNT REGULATORS
9.6 OTHERS
9.6.1 SHUNT RESISTOR WITH DIRECT READOUT
9.6.1.1 Ideal for battery management systems, motor controls,
automotive power monitoring, and renewable energy applications
9.6.2 RESISTIVE CURRENT SENSORS
9.6.2.1 Growing adoption in EVs, HEVs, and smart grids
9.6.3 DIGITAL-TO-ANALOG CONVERTERS
9.6.3.1 Mostly used in closed-loop control systems
9.6.4 ANALOG-TO-DIGITAL CONVERTERS
9.6.4.1 Emerging non-isolated technology for current measurement
10 CURRENT SENSORS MARKET, BY MOUNTING TYPE
10.1 INTRODUCTION
10.2 PCB-MOUNTED
10.2.1 THROUGH-HOLE MOUNT
10.2.1.1 Ideal for environments where robust, high-precision, and
long-lasting current sensing solutions are required
10.2.2 SURFACE MOUNT TECHNOLOGY
10.2.2.1 Ideal for space-constrained electronic applications
10.3 STANDALONE MODULE
10.3.1 WIDELY USED IN POWER SYSTEMS, RESIDENTIAL,
AND INDUSTRIAL APPLICATIONS
10.4 DIN RAIL-MOUNTED
10.4.1 INCREASING USAGE IN INDUSTRIAL AUTOMATION
AND ENERGY MANAGEMENT APPLICATIONS
11 CURRENT SENSORS MARKET, BY MEASUREMENT RANGE
11.1 INTRODUCTION
11.2 LOW (LESS THAN 10A)
11.2.1 REQUIRED IN APPLICATIONS WHERE PRECISION AND SENSITIVITY
ARE CRITICAL
11.3 MEDIUM (10A TO 100A)
11.3.1 POWER SYSTEMS, RESIDENTIAL, AND INDUSTRIAL –
KEY APPLICATION AREAS
11.4 HIGH (ABOVE 100A)
11.4.1 INCREASING USAGE IN LARGE-SCALE INDUSTRIAL APPLICATIONS,
POWER TRANSMISSION, AND ELECTRIC GRID MONITORING
12 CURRENT SENSORS MARKET, BY OUTPUT TYPE
12.1 INTRODUCTION
12.2 ANALOG
12.2.1 HIGH PRECISION, LOW LATENCY, AND STRONG RELIABILITY TO
FUEL MARKET GROWTH
12.3 DIGITAL
12.3.1 INCREASING ADOPTION OF IOT, SMART SYSTEMS,
AND SEAMLESS INTEGRATION TO BOOST MARKET GROWTH
13 CURRENT SENSORS MARKET, BY INDUSTRY
13.1 INTRODUCTION
13.2 AUTOMOTIVE
13.2.1 ADOPTION IN EVS AND HEVS
13.2.2 ELECTRIC AND HYBRID VEHICLE BATTERY MANAGEMENT SYSTEMS
13.2.3 MOTOR CONTROL FOR ELECTRIC POWERTRAINS AND PROPULSION
13.2.4 ELECTRIC POWER STEERING SYSTEMS FOR PRECISION CONTROL
13.2.5 ADAPTIVE LIGHTING SYSTEMS
13.2.6 ADVANCED DRIVER ASSISTANCE SYSTEMS COMPONENTS
13.2.7 SAFETY SYSTEMS (AIRBAGS AND ANTI-LOCK BRAKING SYSTEMS)
13.3 CONSUMER ELECTRONICS
13.3.1 GROWING INTEGRATION INTO CONSUMER ELECTRONICS TO
DRIVE MARKET GROWTH
13.3.2 BATTERY MANAGEMENT (SMARTPHONES, TABLETS, AND LAPTOPS)
13.3.3 SMART HOME DEVICES (SMART THERMOSTATS, SECURITY CAMERAS)
13.3.4 WEARABLE ELECTRONICS (SMARTWATCHES AND FITNESS TRACKERS)
13.3.5 POWER MONITORING IN GAMING CONSOLES AND
ENTERTAINMENT SYSTEMS
13.4 TELECOM & NETWORKING
13.4.1 DEPLOYMENT OF 5G AND INVESTMENTS IN DATA CENTERS TO
DRIVE GROWTH
13.4.2 POWER SUPPLY IN TELECOM BASE STATIONS
13.4.3 5G INFRASTRUCTURE AND NETWORK SWITCHES
13.4.4 POWER EFFICIENCY IN DATA CENTERS
13.4.5 BATTERY MANAGEMENT IN TELECOM BACKUP SYSTEMS
13.4.6 POWER MONITORING IN FIBER OPTIC AND SATELLITE
COMMUNICATION EQUIPMENT
13.5 HEALTHCARE
13.5.1 USE IN MEDICAL DEVICES FOR POWER CONSUMPTION MONITORING
TO BOOST MARKET GROWTH
13.5.2 MEDICAL IMAGING DEVICES
13.5.3 PATIENT MONITORING EQUIPMENT
13.5.4 SURGICAL AND ROBOTIC SYSTEMS
13.5.5 POWER MANAGEMENT IN LIFE SUPPORT SYSTEMS
13.5.6 THERAPEUTIC AND PROSTHETIC DEVICES
13.6 INDUSTRIAL
13.6.1 EASE OF MANUFACTURING DUE TO HIGH VOLTAGE OPERATIONS TO
DRIVE SEGMENT
13.6.2 INDUSTRIAL TESTING & MEASUREMENT EQUIPMENT MIXING
13.6.3 PREDICTIVE MAINTENANCE THROUGH MOTOR CURRENT ANALYSIS
13.6.4 AUTOMATION & ROBOTICS
13.6.5 INDUSTRIAL HVAC
13.7 ENERGY & POWER
13.7.1 NEED TO REDUCE POWER CONSUMPTION AND IMPROVE EFFICIENCY
TO DRIVE MARKET
13.7.2 SOLAR INVERTERS FOR MONITORING PHOTOVOLTAIC SYSTEMS
13.7.3 WIND TURBINES FOR POWER GENERATION EFFICIENCY
13.7.4 GRID MONITORING AND FAULT DETECTION IN POWER DISTRIBUTION
13.7.5 UNINTERRUPTIBLE POWER SUPPLY
13.7.6 BATTERY ENERGY STORAGE SYSTEMS
13.7.7 EV CHARGING STATIONS
13.8 OTHER INDUSTRIES
13.8.1 AEROSPACE
13.8.2 RAILWAYS
13.8.3 BUILDING AUTOMATION
14 CURRENT SENSORS MARKET, BY REGION
14.1 INTRODUCTION
14.2 NORTH AMERICA
14.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
14.2.2 US
14.2.2.1 Increasing investments in automotive manufacturing to
boost market growth
14.2.3 CANADA
14.2.3.1 Favorable infrastructure development for EV growth to
foster revenue growth
14.2.4 MEXICO
14.2.4.1 Significant growth in industrialization to complement market growth
14.3 EUROPE
14.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
14.3.2 GERMANY
14.3.2.1 Increasing investment in digital technologies and smart factory solutions to fuel market growth
14.3.3 UK
14.3.3.1 Robust growth in automotive sector to fuel market growth
14.3.4 FRANCE
14.3.4.1 Increasing government initiatives to drive revenue growth of market
14.3.5 ITALY
14.3.5.1 Significant growth in consumer electronics sector to
propel market growth
14.3.6 REST OF EUROPE
14.4 ASIA PACIFIC
14.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
14.4.2 CHINA
14.4.2.1 Strong position in EV production to drive market growth
14.4.3 JAPAN
14.4.3.1 Rising developments in industrial automation to
complement market growth
14.4.4 SOUTH KOREA
14.4.4.1 Government initiatives for automotive industry expansion to
drive demand for current sensors
14.4.5 INDIA
14.4.5.1 Significant rise in automotive and consumer electronic sector to boost market
14.4.6 REST OF ASIA PACIFIC
14.5 ROW
14.5.1 MACROECONOMIC OUTLOOK FOR ROW
14.5.2 MIDDLE EAST
14.5.2.1 Growing infrastructural development activities to drive market
14.5.2.2 GCC countries
14.5.2.3 Rest of Middle East
14.5.3 AFRICA
14.5.3.1 Growing adoption of smart grids to drive demand
14.5.4 SOUTH AMERICA
14.5.4.1 Modernizing production facilities for automotive and
consumer electronics to foster growth
15 COMPETITIVE LANDSCAPE
15.1 OVERVIEW
15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
15.3 MARKET SHARE ANALYSIS, 2024
15.4 REVENUE ANALYSIS, 2020–2024
15.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
15.6 BRAND/PRODUCT COMPARISON
15.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
15.7.1 STARS
15.7.2 EMERGING LEADERS
15.7.3 PERVASIVE PLAYERS
15.7.4 PARTICIPANTS
15.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
15.7.5.1 Company footprint
15.7.5.2 Region footprint
15.7.5.3 Technology footprint
15.7.5.4 Industry footprint
15.7.5.5 Current sensing method footprint
15.7.5.6 Loop type footprint
15.7.5.7 Offering footprint
15.7.5.8 Output type footprint
15.7.5.9 Measurement Range footprint
15.7.5.10 Mounting type footprint
15.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
15.8.1 PROGRESSIVE COMPANIES
15.8.2 RESPONSIVE COMPANIES
15.8.3 DYNAMIC COMPANIES
15.8.4 STARTING BLOCKS
15.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
15.8.5.1 Detailed list of startups/SMEs
15.8.5.2 Competitive benchmarking of key startups/SMEs
15.9 COMPETITIVE SCENARIO
15.10 PRODUCT LAUNCHES
15.11 DEALS
15.12 EXPANSIONS
15.13 OTHER DEVELOPMENTS
16 COMPANY PROFILES
16.1 KEY PLAYERS
16.1.1 ASAHI KASEI CORPORATION
16.1.1.1 Business overview
16.1.1.2 Products/Solutions/Services offered
16.1.1.3 Recent developments
16.1.1.3.1 Product launches
16.1.1.3.2 Expansions
16.1.1.4 MnM view
16.1.1.4.1 Right to win
16.1.1.4.2 Strategic choices
16.1.1.4.3 Weaknesses & competitive threats
16.1.2 INFINEON TECHNOLOGIES AG
16.1.2.1 Business overview
16.1.2.2 Products/Solutions/Services offered
16.1.2.3 Recent developments
16.1.2.3.1 Product launches
16.1.2.3.2 Deals
16.1.2.3.3 Expansions
16.1.2.3.4 Other developments
16.1.2.4 MnM view
16.1.2.4.1 Right to win
16.1.2.4.2 Strategic choices
16.1.2.4.3 Weaknesses & competitive threats
16.1.3 ALLEGRO MICROSYSTEMS, INC.
16.1.3.1 Business overview
16.1.3.2 Products/Solutions/Services offered
16.1.3.3 Recent developments
16.1.3.3.1 Product launches
16.1.3.3.2 Deals
16.1.3.4 MnM view
16.1.3.4.1 Right to win
16.1.3.4.2 Strategic choices
16.1.3.4.3 Weaknesses & competitive threats
16.1.4 LEM INTERNATIONAL SA
16.1.4.1 Business overview
16.1.4.2 Products/Solutions/Services offered
16.1.4.3 Recent developments
16.1.4.3.1 Product launches
16.1.4.3.2 Deals
16.1.4.3.3 Expansions
16.1.4.4 MnM view
16.1.4.4.1 Right to win
16.1.4.4.2 Strategic choices
16.1.4.4.3 Weaknesses & competitive threats
16.1.5 TDK CORPORATION
16.1.5.1 Business overview
16.1.5.2 Products/Solutions/Services offered
16.1.5.3 Recent developments
16.1.5.3.1 Product launches
16.1.5.3.2 Expansions
16.1.5.4 MnM view
16.1.5.4.1 Right to win
16.1.5.4.2 Strategic choices
16.1.5.4.3 Weaknesses & competitive threats
16.1.6 MELEXIS
16.1.6.1 Business overview
16.1.6.2 Products/Solutions/Services offered
16.1.6.3 Recent developments
16.1.6.3.1 Product launches
16.1.6.3.2 Deals
16.1.6.3.3 Expansions
16.1.7 HONEYWELL INTERNATIONAL INC.
16.1.7.1 Business overview
16.1.7.2 Products/Solutions/Services offered
16.1.8 TEXAS INSTRUMENTS INCORPORATED
16.1.8.1 Business overview
16.1.8.2 Products/Solutions/Services offered
16.1.8.3 Recent developments
16.1.8.3.1 Product launches
16.1.8.3.2 Deals
16.1.8.3.3 Expansions
16.1.9 TAMURA CORPORATION
16.1.9.1 Business overview
16.1.9.2 Products/Solutions/Services offered
16.1.9.3 Recent developments
16.1.9.3.1 Expansions
16.1.10 OMRON CORPORATION
16.1.10.1 Business overview
16.1.10.2 Products/Solutions/Services offered
16.1.11 STMICROELECTRONICS
16.1.11.1 Business overview
16.1.11.2 Products/Solutions/Services offered
16.1.11.3 Recent developments
16.1.11.3.1 Product launches
16.1.12 YAGEO GROUP
16.1.12.1 Business overview
16.1.12.2 Products/Solutions/Services offered
16.1.12.3 Recent developments
16.1.12.3.1 Product launches
16.1.13 ANALOG DEVICES, INC.
16.1.13.1 Business overview
16.1.13.2 Products/Solutions/Services offered
16.1.14 BROADCOM
16.1.14.1 Business overview
16.1.14.2 Products/Solutions/Services offered
16.1.15 ACEINNA
16.1.15.1 Business overview
16.1.15.2 Products/Solutions/Services offered
16.1.15.3 Recent developments
16.1.15.3.1 Product launches
16.2 OTHER PLAYERS
16.2.1 KOHSHIN ELECTRIC CORPORATION
16.2.2 VACUUMSCHMELZE GMBH & CO. KG
16.2.3 ICE COMPONENTS, INC.
16.2.4 MAGNESENSOR TECHNOLOGY
16.2.5 AMERICAN AEROSPACE CONTROLS
16.2.6 ELECTROHMS PRIVATE LIMITED
16.2.7 DARE ELECTRONICS, INC.
16.2.8 YUANXING ELECTRONICS CO., LTD.
16.2.9 SENSOR ELECTRONIC TECHNOLOGY (SET)
16.2.10 TELL-I TECHNOLOGIES, INC.
16.2.11 SINOMAGS ELECTRONIC TECHNOLOGY CO., LTD.
17 APPENDIX
17.1 INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 YEARS CONSIDERED
1.3.3 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Intended participants and key opinion leaders
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 FACTOR ANALYSIS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach to estimate market size using top-down analysis
(supply side)
2.4 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CURRENT SENSORS MARKET
4.2 CURRENT SENSORS MARKET IN ASIA PACIFIC, BY COUNTRY AND INDUSTRY
4.3 CURRENT SENSORS MARKET, BY TECHNOLOGY
4.4 CURRENT SENSORS MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing use of battery-powered systems and increasing focus on renewable energy
5.2.1.2 High adoption of Hall-effect current sensors
5.2.1.3 Increasing demand from consumer electronics industry
5.2.2 RESTRAINTS
5.2.2.1 Intense pricing pressure resulting in fluctuations in
average selling price
5.2.2.2 Accuracy and sensitivity trade-offs with high electromagnetic interference
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in number of networked devices
5.2.3.2 Increase in manufacturing of hybrid and electric cars
5.2.3.3 Miniaturization of current sensors
5.2.3.4 Global investments for renewable energy adoptions
5.2.4 CHALLENGES
5.2.4.1 Fluctuations in accuracy of current sensors over varying
temperature ranges
5.2.4.2 Need for product differentiation and development of
innovative solutions
5.3 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE ANALYSIS OF CURRENT SENSORS, BY KEY PLAYER
5.7.2 AVERAGE SELLING PRICE OF MAGNETIC CURRENT SENSORS, BY TYPE,
2024 (USD)
5.7.3 AVERAGE SELLING PRICE TREND OF CURRENT SENSORS, BY LOOP TYPE, 2020–2024 (USD)
5.7.4 AVERAGE SELLING PRICE TREND OF CURRENT SENSORS, BY REGION,
2020–2024 (USD)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Microelectromechanical system (MEMS)-based current sensors
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 3D magnetic sensing technology
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Microprocessor-based current sensors
5.8.3.2 Current relays
5.9 IMPACT OF AI ON CURRENT SENSORS MARKET
5.9.1 INTRODUCTION
5.10 PORTER'S FIVE FORCES ANALYSIS
5.10.1 INTENSITY OF COMPETITIVE RIVALRY
5.10.2 BARGAINING POWER OF SUPPLIERS
5.10.3 BARGAINING POWER OF BUYERS
5.10.4 THREAT OF SUBSTITUTES
5.10.5 THREAT OF NEW ENTRANTS
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.11.2 BUYING CRITERIA
5.12 CASE STUDY ANALYSIS
5.12.1 MONOLITHIC POWER SYSTEMS, INC.: TRANSFORMING ATMS WITH
ULTRA-SMALL, LINEAR HALL-EFFECT CURRENT SENSORS
5.12.2 HANGZHI PRECISION: CURRENT SENSOR BASED ON FLUXGATE
PRINCIPLE FOR VACUUM COATING MACHINES
5.12.3 ELECTROHMS: OPTIMIZING CURRENT SENSORS IMPROVED
THERMAL MANAGEMENT FEATURES
5.13 TRADE ANALYSIS
5.13.1 IMPORT SCENARIO (HS CODE 850490)
5.13.2 EXPORT SCENARIO (HS CODE 850490)
5.14 TARIFF AND REGULATORY LANDSCAPE
5.14.1 TARIFF ANALYSIS
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.14.3 STANDARDS
5.14.3.1 IEEE 1451 Smart Transducer Interface Standard for
Sensors and Actuators
5.14.3.2 IEEE C37.118 Sensor Requirements of Smart Grids
5.14.3.3 International Electrotechnical Commission (IEC)
5.14.3.4 IEC 60364-4-43: Low-voltage electrical installations -
Protection for safety - Protection against overcurrent
5.14.3.5 IEC 60269
5.14.3.6 ATmosphere EXplosible (ATEX)
5.14.3.7 Edison Testing Laboratories (ETL)
5.14.4 REGULATIONS
5.15 PATENT ANALYSIS
5.16 KEY CONFERENCES AND EVENTS, 2025
6 CURRENT SENSORS MARKET, BY CURRENT SENSING METHOD
6.1 INTRODUCTION
6.2 CONTACT-BASED CURRENT SENSING
6.2.1 INCREASING DEMAND, HIGH ACCURACY, HIGH POWER,
AND WIDE MEASUREMENT RANGE WITH MINIMAL LOSS
6.3 CONTACTLESS SENSING
6.3.1 NEED FOR ELECTRICAL ISOLATION, MINIMAL CIRCUIT INTERFERENCE,
AND EASE OF INSTALLATION AND MAINTENANCE
7 CURRENT SENSORS MARKET, BY LOOP TYPE
7.1 INTRODUCTION
7.2 OPEN-LOOP SENSORS
7.2.1 NEED FOR COST-EFFECTIVE AND EFFICIENT ENERGY MONITORING SOLUTIONS TO FUEL MARKET GROWTH
7.3 CLOSED-LOOP SENSORS
7.3.1 HIGH DEMAND IN EVS, INDUSTRIAL AUTOMATION, AND RENEWABLE ENERGY TO BOOST MARKET GROWTH
8 CURRENT SENSORS MARKET, BY OFFERING
8.1 INTRODUCTION
8.2 ISOLATED
8.2.1 NEED FOR SAFETY, POWER MONITORING, AND COST SAVINGS TO
DRIVE SEGMENT
8.3 NON-ISOLATED
8.3.1 HIGHLY SUITABLE FOR HIGH-VOLTAGE APPLICATIONS DUE TO
SAFETY CONCERNS
9 CURRENT SENSORS MARKET, BY TECHNOLOGY
9.1 INTRODUCTION
9.2 MAGNETIC CURRENT SENSORS
9.2.1 HALL-EFFECT CURRENT SENSORS
9.2.1.1 Ideal for automotive applications
9.2.2 AMR CURRENT SENSORS
9.2.2.1 Growing popularity in consumer electronics, automotive,
and medical sectors
9.2.3 GMR CURRENT SENSORS
9.2.3.1 Widely used in electrical and automobile equipment
9.2.4 TMR CURRENT SENSORS
9.2.4.1 Used to measure current, position, motion, and direction
9.2.5 FLUXGATE CURRENT SENSORS
9.2.5.1 Suitable for industrial equipment and medical equipment
9.3 CURRENT SENSING AMPLIFIER
9.3.1 MAKE FOR IDEAL NON-ISOLATED CURRENT TECHNOLOGY
9.4 OPTO-ISOLATED OP AMP
9.4.1 IDEAL CHOICE FOR DC AMPLIFICATION
9.5 SHUNT-ISOLATED OP AMP
9.5.1 HIGH-PERFORMING ALTERNATIVE TO ISOLATION TECHNIQUES BASED ON SHUNT REGULATORS
9.6 OTHERS
9.6.1 SHUNT RESISTOR WITH DIRECT READOUT
9.6.1.1 Ideal for battery management systems, motor controls,
automotive power monitoring, and renewable energy applications
9.6.2 RESISTIVE CURRENT SENSORS
9.6.2.1 Growing adoption in EVs, HEVs, and smart grids
9.6.3 DIGITAL-TO-ANALOG CONVERTERS
9.6.3.1 Mostly used in closed-loop control systems
9.6.4 ANALOG-TO-DIGITAL CONVERTERS
9.6.4.1 Emerging non-isolated technology for current measurement
10 CURRENT SENSORS MARKET, BY MOUNTING TYPE
10.1 INTRODUCTION
10.2 PCB-MOUNTED
10.2.1 THROUGH-HOLE MOUNT
10.2.1.1 Ideal for environments where robust, high-precision, and
long-lasting current sensing solutions are required
10.2.2 SURFACE MOUNT TECHNOLOGY
10.2.2.1 Ideal for space-constrained electronic applications
10.3 STANDALONE MODULE
10.3.1 WIDELY USED IN POWER SYSTEMS, RESIDENTIAL,
AND INDUSTRIAL APPLICATIONS
10.4 DIN RAIL-MOUNTED
10.4.1 INCREASING USAGE IN INDUSTRIAL AUTOMATION
AND ENERGY MANAGEMENT APPLICATIONS
11 CURRENT SENSORS MARKET, BY MEASUREMENT RANGE
11.1 INTRODUCTION
11.2 LOW (LESS THAN 10A)
11.2.1 REQUIRED IN APPLICATIONS WHERE PRECISION AND SENSITIVITY
ARE CRITICAL
11.3 MEDIUM (10A TO 100A)
11.3.1 POWER SYSTEMS, RESIDENTIAL, AND INDUSTRIAL –
KEY APPLICATION AREAS
11.4 HIGH (ABOVE 100A)
11.4.1 INCREASING USAGE IN LARGE-SCALE INDUSTRIAL APPLICATIONS,
POWER TRANSMISSION, AND ELECTRIC GRID MONITORING
12 CURRENT SENSORS MARKET, BY OUTPUT TYPE
12.1 INTRODUCTION
12.2 ANALOG
12.2.1 HIGH PRECISION, LOW LATENCY, AND STRONG RELIABILITY TO
FUEL MARKET GROWTH
12.3 DIGITAL
12.3.1 INCREASING ADOPTION OF IOT, SMART SYSTEMS,
AND SEAMLESS INTEGRATION TO BOOST MARKET GROWTH
13 CURRENT SENSORS MARKET, BY INDUSTRY
13.1 INTRODUCTION
13.2 AUTOMOTIVE
13.2.1 ADOPTION IN EVS AND HEVS
13.2.2 ELECTRIC AND HYBRID VEHICLE BATTERY MANAGEMENT SYSTEMS
13.2.3 MOTOR CONTROL FOR ELECTRIC POWERTRAINS AND PROPULSION
13.2.4 ELECTRIC POWER STEERING SYSTEMS FOR PRECISION CONTROL
13.2.5 ADAPTIVE LIGHTING SYSTEMS
13.2.6 ADVANCED DRIVER ASSISTANCE SYSTEMS COMPONENTS
13.2.7 SAFETY SYSTEMS (AIRBAGS AND ANTI-LOCK BRAKING SYSTEMS)
13.3 CONSUMER ELECTRONICS
13.3.1 GROWING INTEGRATION INTO CONSUMER ELECTRONICS TO
DRIVE MARKET GROWTH
13.3.2 BATTERY MANAGEMENT (SMARTPHONES, TABLETS, AND LAPTOPS)
13.3.3 SMART HOME DEVICES (SMART THERMOSTATS, SECURITY CAMERAS)
13.3.4 WEARABLE ELECTRONICS (SMARTWATCHES AND FITNESS TRACKERS)
13.3.5 POWER MONITORING IN GAMING CONSOLES AND
ENTERTAINMENT SYSTEMS
13.4 TELECOM & NETWORKING
13.4.1 DEPLOYMENT OF 5G AND INVESTMENTS IN DATA CENTERS TO
DRIVE GROWTH
13.4.2 POWER SUPPLY IN TELECOM BASE STATIONS
13.4.3 5G INFRASTRUCTURE AND NETWORK SWITCHES
13.4.4 POWER EFFICIENCY IN DATA CENTERS
13.4.5 BATTERY MANAGEMENT IN TELECOM BACKUP SYSTEMS
13.4.6 POWER MONITORING IN FIBER OPTIC AND SATELLITE
COMMUNICATION EQUIPMENT
13.5 HEALTHCARE
13.5.1 USE IN MEDICAL DEVICES FOR POWER CONSUMPTION MONITORING
TO BOOST MARKET GROWTH
13.5.2 MEDICAL IMAGING DEVICES
13.5.3 PATIENT MONITORING EQUIPMENT
13.5.4 SURGICAL AND ROBOTIC SYSTEMS
13.5.5 POWER MANAGEMENT IN LIFE SUPPORT SYSTEMS
13.5.6 THERAPEUTIC AND PROSTHETIC DEVICES
13.6 INDUSTRIAL
13.6.1 EASE OF MANUFACTURING DUE TO HIGH VOLTAGE OPERATIONS TO
DRIVE SEGMENT
13.6.2 INDUSTRIAL TESTING & MEASUREMENT EQUIPMENT MIXING
13.6.3 PREDICTIVE MAINTENANCE THROUGH MOTOR CURRENT ANALYSIS
13.6.4 AUTOMATION & ROBOTICS
13.6.5 INDUSTRIAL HVAC
13.7 ENERGY & POWER
13.7.1 NEED TO REDUCE POWER CONSUMPTION AND IMPROVE EFFICIENCY
TO DRIVE MARKET
13.7.2 SOLAR INVERTERS FOR MONITORING PHOTOVOLTAIC SYSTEMS
13.7.3 WIND TURBINES FOR POWER GENERATION EFFICIENCY
13.7.4 GRID MONITORING AND FAULT DETECTION IN POWER DISTRIBUTION
13.7.5 UNINTERRUPTIBLE POWER SUPPLY
13.7.6 BATTERY ENERGY STORAGE SYSTEMS
13.7.7 EV CHARGING STATIONS
13.8 OTHER INDUSTRIES
13.8.1 AEROSPACE
13.8.2 RAILWAYS
13.8.3 BUILDING AUTOMATION
14 CURRENT SENSORS MARKET, BY REGION
14.1 INTRODUCTION
14.2 NORTH AMERICA
14.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
14.2.2 US
14.2.2.1 Increasing investments in automotive manufacturing to
boost market growth
14.2.3 CANADA
14.2.3.1 Favorable infrastructure development for EV growth to
foster revenue growth
14.2.4 MEXICO
14.2.4.1 Significant growth in industrialization to complement market growth
14.3 EUROPE
14.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
14.3.2 GERMANY
14.3.2.1 Increasing investment in digital technologies and smart factory solutions to fuel market growth
14.3.3 UK
14.3.3.1 Robust growth in automotive sector to fuel market growth
14.3.4 FRANCE
14.3.4.1 Increasing government initiatives to drive revenue growth of market
14.3.5 ITALY
14.3.5.1 Significant growth in consumer electronics sector to
propel market growth
14.3.6 REST OF EUROPE
14.4 ASIA PACIFIC
14.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
14.4.2 CHINA
14.4.2.1 Strong position in EV production to drive market growth
14.4.3 JAPAN
14.4.3.1 Rising developments in industrial automation to
complement market growth
14.4.4 SOUTH KOREA
14.4.4.1 Government initiatives for automotive industry expansion to
drive demand for current sensors
14.4.5 INDIA
14.4.5.1 Significant rise in automotive and consumer electronic sector to boost market
14.4.6 REST OF ASIA PACIFIC
14.5 ROW
14.5.1 MACROECONOMIC OUTLOOK FOR ROW
14.5.2 MIDDLE EAST
14.5.2.1 Growing infrastructural development activities to drive market
14.5.2.2 GCC countries
14.5.2.3 Rest of Middle East
14.5.3 AFRICA
14.5.3.1 Growing adoption of smart grids to drive demand
14.5.4 SOUTH AMERICA
14.5.4.1 Modernizing production facilities for automotive and
consumer electronics to foster growth
15 COMPETITIVE LANDSCAPE
15.1 OVERVIEW
15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
15.3 MARKET SHARE ANALYSIS, 2024
15.4 REVENUE ANALYSIS, 2020–2024
15.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
15.6 BRAND/PRODUCT COMPARISON
15.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
15.7.1 STARS
15.7.2 EMERGING LEADERS
15.7.3 PERVASIVE PLAYERS
15.7.4 PARTICIPANTS
15.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
15.7.5.1 Company footprint
15.7.5.2 Region footprint
15.7.5.3 Technology footprint
15.7.5.4 Industry footprint
15.7.5.5 Current sensing method footprint
15.7.5.6 Loop type footprint
15.7.5.7 Offering footprint
15.7.5.8 Output type footprint
15.7.5.9 Measurement Range footprint
15.7.5.10 Mounting type footprint
15.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
15.8.1 PROGRESSIVE COMPANIES
15.8.2 RESPONSIVE COMPANIES
15.8.3 DYNAMIC COMPANIES
15.8.4 STARTING BLOCKS
15.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
15.8.5.1 Detailed list of startups/SMEs
15.8.5.2 Competitive benchmarking of key startups/SMEs
15.9 COMPETITIVE SCENARIO
15.10 PRODUCT LAUNCHES
15.11 DEALS
15.12 EXPANSIONS
15.13 OTHER DEVELOPMENTS
16 COMPANY PROFILES
16.1 KEY PLAYERS
16.1.1 ASAHI KASEI CORPORATION
16.1.1.1 Business overview
16.1.1.2 Products/Solutions/Services offered
16.1.1.3 Recent developments
16.1.1.3.1 Product launches
16.1.1.3.2 Expansions
16.1.1.4 MnM view
16.1.1.4.1 Right to win
16.1.1.4.2 Strategic choices
16.1.1.4.3 Weaknesses & competitive threats
16.1.2 INFINEON TECHNOLOGIES AG
16.1.2.1 Business overview
16.1.2.2 Products/Solutions/Services offered
16.1.2.3 Recent developments
16.1.2.3.1 Product launches
16.1.2.3.2 Deals
16.1.2.3.3 Expansions
16.1.2.3.4 Other developments
16.1.2.4 MnM view
16.1.2.4.1 Right to win
16.1.2.4.2 Strategic choices
16.1.2.4.3 Weaknesses & competitive threats
16.1.3 ALLEGRO MICROSYSTEMS, INC.
16.1.3.1 Business overview
16.1.3.2 Products/Solutions/Services offered
16.1.3.3 Recent developments
16.1.3.3.1 Product launches
16.1.3.3.2 Deals
16.1.3.4 MnM view
16.1.3.4.1 Right to win
16.1.3.4.2 Strategic choices
16.1.3.4.3 Weaknesses & competitive threats
16.1.4 LEM INTERNATIONAL SA
16.1.4.1 Business overview
16.1.4.2 Products/Solutions/Services offered
16.1.4.3 Recent developments
16.1.4.3.1 Product launches
16.1.4.3.2 Deals
16.1.4.3.3 Expansions
16.1.4.4 MnM view
16.1.4.4.1 Right to win
16.1.4.4.2 Strategic choices
16.1.4.4.3 Weaknesses & competitive threats
16.1.5 TDK CORPORATION
16.1.5.1 Business overview
16.1.5.2 Products/Solutions/Services offered
16.1.5.3 Recent developments
16.1.5.3.1 Product launches
16.1.5.3.2 Expansions
16.1.5.4 MnM view
16.1.5.4.1 Right to win
16.1.5.4.2 Strategic choices
16.1.5.4.3 Weaknesses & competitive threats
16.1.6 MELEXIS
16.1.6.1 Business overview
16.1.6.2 Products/Solutions/Services offered
16.1.6.3 Recent developments
16.1.6.3.1 Product launches
16.1.6.3.2 Deals
16.1.6.3.3 Expansions
16.1.7 HONEYWELL INTERNATIONAL INC.
16.1.7.1 Business overview
16.1.7.2 Products/Solutions/Services offered
16.1.8 TEXAS INSTRUMENTS INCORPORATED
16.1.8.1 Business overview
16.1.8.2 Products/Solutions/Services offered
16.1.8.3 Recent developments
16.1.8.3.1 Product launches
16.1.8.3.2 Deals
16.1.8.3.3 Expansions
16.1.9 TAMURA CORPORATION
16.1.9.1 Business overview
16.1.9.2 Products/Solutions/Services offered
16.1.9.3 Recent developments
16.1.9.3.1 Expansions
16.1.10 OMRON CORPORATION
16.1.10.1 Business overview
16.1.10.2 Products/Solutions/Services offered
16.1.11 STMICROELECTRONICS
16.1.11.1 Business overview
16.1.11.2 Products/Solutions/Services offered
16.1.11.3 Recent developments
16.1.11.3.1 Product launches
16.1.12 YAGEO GROUP
16.1.12.1 Business overview
16.1.12.2 Products/Solutions/Services offered
16.1.12.3 Recent developments
16.1.12.3.1 Product launches
16.1.13 ANALOG DEVICES, INC.
16.1.13.1 Business overview
16.1.13.2 Products/Solutions/Services offered
16.1.14 BROADCOM
16.1.14.1 Business overview
16.1.14.2 Products/Solutions/Services offered
16.1.15 ACEINNA
16.1.15.1 Business overview
16.1.15.2 Products/Solutions/Services offered
16.1.15.3 Recent developments
16.1.15.3.1 Product launches
16.2 OTHER PLAYERS
16.2.1 KOHSHIN ELECTRIC CORPORATION
16.2.2 VACUUMSCHMELZE GMBH & CO. KG
16.2.3 ICE COMPONENTS, INC.
16.2.4 MAGNESENSOR TECHNOLOGY
16.2.5 AMERICAN AEROSPACE CONTROLS
16.2.6 ELECTROHMS PRIVATE LIMITED
16.2.7 DARE ELECTRONICS, INC.
16.2.8 YUANXING ELECTRONICS CO., LTD.
16.2.9 SENSOR ELECTRONIC TECHNOLOGY (SET)
16.2.10 TELL-I TECHNOLOGIES, INC.
16.2.11 SINOMAGS ELECTRONIC TECHNOLOGY CO., LTD.
17 APPENDIX
17.1 INSIGHTS FROM INDUSTRY EXPERTS
17.2 DISCUSSION GUIDE
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
17.4 CUSTOMIZATION OPTIONS
17.5 RELATED REPORTS
17.6 AUTHOR DETAILS
