The Market Reports

Synopsis
The global market for EV Current Sensor was estimated to be worth US$ 853 million in 2024 and is forecast to a readjusted size of US$ 3246 million by 2031 with a CAGR of 20.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on EV Current Sensor cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An Electric Vehicle (EV) current sensor is a device used to measure and monitor the electric current flowing through various components in an electric vehicle system. It plays a crucial role in ensuring the safe and efficient operation of the vehicle's electrical system.
The increasing adoption of electric vehicles worldwide is a significant driver for the EV current sensor market. As governments and consumers prioritize sustainability and environmental concerns, there is a shift towards electric mobility, leading to a higher demand for EV current sensors.
With the expansion of EV charging infrastructure, there is a growing need for current sensors in charging stations. These sensors help monitor the power consumption, detect faults, and ensure safe and efficient charging. As the charging infrastructure continues to expand, the demand for EV current sensors in this segment is expected to rise.
The EV current sensor market is witnessing advancements in sensor technology, leading to more accurate and reliable current sensing solutions. This includes the development of Hall effect sensors, shunt resistors, and other innovative sensor technologies that offer improved precision, sensitivity, and efficiency.
Cost reduction and miniaturization are ongoing trends in the EV industry. Manufacturers are striving to develop compact, lightweight, and cost-effective current sensors without compromising performance and accuracy. This trend is driven by the need to optimize space utilization and reduce overall production costs.
This report aims to provide a comprehensive presentation of the global market for EV Current Sensor, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of EV Current Sensor by region & country, by Type, and by Application.
The EV Current Sensor market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Current Sensor.
Market Segmentation
By Company
LEM
Allegro MicroSystems
Melexis
TDK Micronas
Honeywell
Robert Bosch
Kohshin Electric
DENSO
Continental
Nippon Ceramic
Infineon Technologies
CTS
Segment by Type
Hall-effect Sensor
Shunt Current Sensor
Other
Segment by Application
BEV
PHEV
HEV
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of EV Current Sensor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of EV Current Sensor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of EV Current Sensor in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index