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Global Current SensorMarket Size study, byLoop Type (Open Loop, Closed Loop) by Technology (Isolated Current Sensor, Non-isolated Current Sensor) by Output Type (Analog, Digital) by End-user(Automotive, Consumer Electronics, Telecom & Networking, Healthcare, Industrial, Energy, Others)and Regional Forecasts 2021-2027

  • BIZ4599761
  • 200 Pages
  • July 2021
  • Semiconductor and Electronics
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Global Current SensorMarket is valued approximately USD 2.08 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.8% over the forecast period 2021-2027.The electronic gadgets that monitor the passage of current through wiring are known as current sensors. The global market is being fueled by the increased usage of energy management systems in data centers for enhanced speed and efficiency with lower power consumption, as well as the necessity for accurate results. As an illustration, Allegro Micro Systems (US) broadened its Coreless Current Sensor Portfolio in March 2021 by launching the ACS37610, an innovative coreless Hall-effect current sensor with greater sensitivity and accuracy, supplemental fault detection functionality, and user reconfiguration for demanding industrial and marine systems.Hybrid and electric vehicles are growing rapidly because they are more connected to the internet than traditional vehicles. Additionally, they limit the usage of fossil fuels such as gasoline and diesel, which reduces global warming and environmental damage, and they provide superior fuel efficiency, which stimulates overall growth. For example, in April 2019, Allegro Micro Systems released the AEC-Q100, an energy-efficient automobiles Hall effect sensor IC for electric vehicle adapters, DC-DC conversions, and commercial motors.However, the market's expansion would be hampered by irregularities in the strength of magnetic field generated by current sensors. Because of the low cost of materials, there is intense competition, making it difficult for new companies to get into the marketplace. Variations in availability of raw materials due to supply chain disruptions may pose a danger to the overall market development.Also, robotic arms are in great demand in production because of the increased adoption of cutting-edge technology such as the industrial internet of things (IIoT) and cloud computing. Capacitive sensor technologies for circuits, DC motors, and services that measure precise power requirements and robot performances are required for these industrial robots. As a result, the current sensor market demand is being fueled by the growing usage of robotic systems.

Due to the increased needs of current sensors for expanding industry application forms, and because of the presence of different tier 2 and 3 producers in the region, North America is expected to hold its major share of the market. The implementation of mobile home and smart city developments is widespread in the region, resulting in the growth of a variety of electronic systems such as lighting management, HVAC control, home healthcare equipment, home appliances, portable devices, entertainment systems, and others. The adoption of these devices will result in a greater installation of Battery Management Systems (BMS) and electronic safety features, providing an opportunity for the business in the regulatory area.Due to the increasing electricity and power management solutions employing Hall effect current embedded sensors in China, India, and South Korea, Asia-Pacific is expected to expand at the fastest CAGR throughout the projected timeframe. Furthermore, Asia-Pacific has a significant presence in the major consumers/end-use industries of automobiles, consumer devices, medical, and transit, which is projected to drive significant growth for current sensors.

Major market player included in this report are:

Asahi Kasei Microdevices

ACEINNA

Melexis

Allegro MicroSystems

TDK Corporation

LEM International

Infineon Technologies

Tamura Corp.

Texas Instruments

Honeywell

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByLoop Type:

Open Loop

Closed Loop

ByTechnology:

Isolated Current Sensor

Non-isolated Current Sensor

By Output Type:

Analog

Digital

By End-user:

Automotive

Consumer Electronics

Telecom & Networking

Healthcare

Industrial

Energy

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Current Sensor Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Current Sensor Market, by Region, 2019-2027 (USD Billion)

1.2.2. Current Sensor Market, by Loop Type,2019-2027 (USD Billion)

1.2.3. Current Sensor Market, by Technology,2019-2027 (USD Billion)

1.2.4. Current Sensor Market, by Output Type,2019-2027 (USD Billion)

1.2.5. Current Sensor Market, by End User,2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Current Sensor Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Current Sensor Market Dynamics

3.1. Current Sensor Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increased usage of energy management systems in data centers

3.1.1.2. Increasing adoption of hybrid and electric vehicles

3.1.2. Market Challenges

3.1.2.1. Irregularities in the strength of magnetic field generated by current sensors

3.1.3. Market Opportunities

3.1.3.1. Growing usage of robotic systems

Chapter 4. Global Current Sensor Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Current Sensor Market, by Loop Type

5.1. Market Snapshot

5.2. Global Current Sensor Market by Loop Type, Performance - Potential Analysis

5.3. Global Current Sensor Market Estimates & Forecasts by Loop Type2018-2027 (USD Billion)

5.4. Current Sensor Market, Sub Segment Analysis

5.4.1. Open Loop

5.4.2. Closed Loop

Chapter 6. Global Current Sensor Market, by Technology

6.1. Market Snapshot

6.2. Global Current Sensor Market by Technology, Performance - Potential Analysis

6.3. Global Current Sensor Market Estimates & Forecasts by Technology2018-2027 (USD Billion)

6.4. Current Sensor Market, Sub Segment Analysis

6.4.1. Isolated current sensor

6.4.2. Non-isolated current sensor

Chapter 7. Global Current Sensor Market, by Output Type

7.1. Market Snapshot

7.2. Global Current Sensor Market by Output Type, Performance - Potential Analysis

7.3. Global Current Sensor Market Estimates & Forecasts by Output Type 2018-2027 (USD Billion)

7.4. Current Sensor Market, Sub Segment Analysis

7.4.1. Analog

7.4.2. Digital

Chapter 8. Global Current Sensor Market, by End User

8.1. Market Snapshot

8.2. Global Current Sensor Market by End User, Performance - Potential Analysis

8.3. Global Current Sensor Market Estimates & Forecasts by End User 2018-2027 (USD Billion)

8.4. Current Sensor Market, Sub Segment Analysis

8.4.1. Automotive

8.4.2. Consumer Electronics

8.4.3. Telecom & Networking

8.4.4. Healthcare

8.4.5. Industrial

8.4.6. Energy

8.4.7. Others

Chapter 9. Global Current Sensor Market, Regional Analysis

9.1. Current Sensor Market, Regional Market Snapshot

9.2. North America Current Sensor Market

9.2.1. U.S. Current Sensor Market

9.2.1.1. Loop Type breakdown estimates & forecasts, 2018-2027

9.2.1.2. Technology breakdown estimates & forecasts, 2018-2027

9.2.1.3. Output Technology breakdown estimates & forecasts, 2018-2027

9.2.1.4. End –user breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Current Sensor Market

9.3. Europe Current Sensor Market Snapshot

9.3.1. U.K. Current Sensor Market

9.3.2. Germany Current Sensor Market

9.3.3. France Current Sensor Market

9.3.4. Spain Current Sensor Market

9.3.5. Italy Current Sensor Market

9.3.6. Rest of Europe Current Sensor Market

9.4. Asia-Pacific Current Sensor Market Snapshot

9.4.1. China Current Sensor Market

9.4.2. India Current Sensor Market

9.4.3. Japan Current Sensor Market

9.4.4. Australia Current Sensor Market

9.4.5. South Korea Current Sensor Market

9.4.6. Rest of Asia Pacific Current Sensor Market

9.5. Latin America Current Sensor Market Snapshot

9.5.1. Brazil Current Sensor Market

9.5.2. Mexico Current Sensor Market

9.6. Rest of The World Current Sensor Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Asahi Kasei Microdevices

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. ACEINNA

10.2.3. Melexis

10.2.4. Allegro MicroSystems

10.2.5. TDK Corporation

10.2.6. LEM International

10.2.7. Infineon Technologies

10.2.8. Tamura Corp.

10.2.9. Texas Instruments

10.2.10. Honeywell

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Current Sensor market, report scope

TABLE 2. Global Current Sensor Market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Current Sensor Market estimates & forecasts by Loop Type2018-2027 (USD Billion)

TABLE 4. Global Current Sensor Market estimates & forecasts by Technology2018-2027 (USD Billion)

TABLE 5. Global Current Sensor Market estimates & forecasts by Output Type 2018-2027 (USD Billion)

TABLE 6. Global Current Sensor Market estimates & forecasts by End-user 2018-2027 (USD Billion)

TABLE 7. Global Current Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Current Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Current Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Current Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Current Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Current Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Current Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Current Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Current Sensor Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Current Sensor Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. U.S. Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. U.S. Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Canada Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. Canada Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UKCurrentSensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. UKCurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. UKCurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Germany Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Germany Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoECurrentSensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. RoECurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. RoECurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. China Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. China Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. India Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. India Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Japan Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Japan Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPACCurrentSensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. RoAPACCurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. RoAPACCurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. Brazil Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Brazil Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. Mexico Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. Mexico Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLACurrentSensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. RoLACurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. RoLACurrentSensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row Current Sensor Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Row Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Row Current Sensor Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Current Sensor market

TABLE 57. List of primary sources, used in the study of global Current Sensor market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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