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Global Current Sensors Market Research Report 2024
Synopsis
A current sensor is a resistive device employed to sense levels of current. Current sensors are used in applications where the emphasis is on accuracy and repeatability under all conditions and less on high current capability. Applications such as force-balance scales, E beam deflection systems, and switching power supplies, all rely on current sensors to feed back and control the current.
The global Current Sensors market was valued at US$ 2699.8 million in 2023 and is anticipated to reach US$ 4625.7 million by 2030, witnessing a CAGR of 7.9% during the forecast period 2024-2030.
The industry is relatively fragmented, the key brand includes Asahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, LEM Holding SA, Honeywell International Inc., Infineon Technologies AG, Kohshin Electric Corporation, Sensitec GmbH, Pulse Electronics Corporation, MultiDimension Technology and so on. Among them, Asahi Kasei Microdevices Corporation, Allegro Microsystems, LLC and Melexis NV are Top 3 players which account for 38% global revenue market share in 2019.
We divide Current Sensors into Hall-Effect Current Sensors, Shunt Current Sensors, TMR Current Sensors, and Others type, Hall-Effect Current Sensors dominated this market which account for 56% volume market share in 2019. According to their application fields we divided into Automotive, Industrial and Others, Industrial application account for more than 41% market share in 2019.
At present, the Current Sensors consumption market is dominated by APAC region especially for China. APAC account for 35% volume market share in 2019. The Current Sensors production market is dominated by Europe region, Europe account for 33% volume market share in 2019.
This report aims to provide a comprehensive presentation of the global market for Current Sensors, 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 Current Sensors.
Report Scope
The Current Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Current Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Current Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Asahi Kasei Microdevices Corporation
Allegro Microsystems, LLC
Melexis NV
TDK Micronas
LEM Holding SA
Honeywell International Inc.
Infineon Technologies AG
Kohshin Electric Corporation
Sensitec GmbH
Pulse Electronics Corporation
MultiDimension Technology
Segment by Type
Hall-Effect Current Sensors
Shunt Current Sensors
TMR Current Sensors
Others
Segment by Application
Industrial
Automotive
Others
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Current Sensors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Current Sensors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Current Sensors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
A current sensor is a resistive device employed to sense levels of current. Current sensors are used in applications where the emphasis is on accuracy and repeatability under all conditions and less on high current capability. Applications such as force-balance scales, E beam deflection systems, and switching power supplies, all rely on current sensors to feed back and control the current.
The global Current Sensors market was valued at US$ 2699.8 million in 2023 and is anticipated to reach US$ 4625.7 million by 2030, witnessing a CAGR of 7.9% during the forecast period 2024-2030.
The industry is relatively fragmented, the key brand includes Asahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, LEM Holding SA, Honeywell International Inc., Infineon Technologies AG, Kohshin Electric Corporation, Sensitec GmbH, Pulse Electronics Corporation, MultiDimension Technology and so on. Among them, Asahi Kasei Microdevices Corporation, Allegro Microsystems, LLC and Melexis NV are Top 3 players which account for 38% global revenue market share in 2019.
We divide Current Sensors into Hall-Effect Current Sensors, Shunt Current Sensors, TMR Current Sensors, and Others type, Hall-Effect Current Sensors dominated this market which account for 56% volume market share in 2019. According to their application fields we divided into Automotive, Industrial and Others, Industrial application account for more than 41% market share in 2019.
At present, the Current Sensors consumption market is dominated by APAC region especially for China. APAC account for 35% volume market share in 2019. The Current Sensors production market is dominated by Europe region, Europe account for 33% volume market share in 2019.
This report aims to provide a comprehensive presentation of the global market for Current Sensors, 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 Current Sensors.
Report Scope
The Current Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Current Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Current Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Asahi Kasei Microdevices Corporation
Allegro Microsystems, LLC
Melexis NV
TDK Micronas
LEM Holding SA
Honeywell International Inc.
Infineon Technologies AG
Kohshin Electric Corporation
Sensitec GmbH
Pulse Electronics Corporation
MultiDimension Technology
Segment by Type
Hall-Effect Current Sensors
Shunt Current Sensors
TMR Current Sensors
Others
Segment by Application
Industrial
Automotive
Others
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Current Sensors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Current Sensors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Current Sensors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Index1 Current Sensors Market Overview
1.1 Product Definition
1.2 Current Sensors Segment by Type
1.2.1 Global Current Sensors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Hall-Effect Current Sensors
1.2.3 Shunt Current Sensors
1.2.4 TMR Current Sensors
1.2.5 Others
1.3 Current Sensors Segment by Application
1.3.1 Global Current Sensors Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial
1.3.3 Automotive
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Current Sensors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Current Sensors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Current Sensors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Current Sensors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Current Sensors Production Market Share by Manufacturers (2019-2024)
2.2 Global Current Sensors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Current Sensors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Current Sensors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Current Sensors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Current Sensors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Current Sensors, Product Offered and Application
2.8 Global Key Manufacturers of Current Sensors, Date of Enter into This Industry
2.9 Current Sensors Market Competitive Situation and Trends
2.9.1 Current Sensors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Current Sensors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Current Sensors Production by Region
3.1 Global Current Sensors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Current Sensors Production Value by Region (2019-2030)
3.2.1 Global Current Sensors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Current Sensors by Region (2025-2030)
3.3 Global Current Sensors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Current Sensors Production by Region (2019-2030)
3.4.1 Global Current Sensors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Current Sensors by Region (2025-2030)
3.5 Global Current Sensors Market Price Analysis by Region (2019-2024)
3.6 Global Current Sensors Production and Value, Year-over-Year Growth
3.6.1 North America Current Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Current Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.3 Japan Current Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.4 China Current Sensors Production Value Estimates and Forecasts (2019-2030)
4 Current Sensors Consumption by Region
4.1 Global Current Sensors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Current Sensors Consumption by Region (2019-2030)
4.2.1 Global Current Sensors Consumption by Region (2019-2024)
4.2.2 Global Current Sensors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Current Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Current Sensors Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Current Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Current Sensors Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Current Sensors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Current Sensors Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Current Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Current Sensors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Current Sensors Production by Type (2019-2030)
5.1.1 Global Current Sensors Production by Type (2019-2024)
5.1.2 Global Current Sensors Production by Type (2025-2030)
5.1.3 Global Current Sensors Production Market Share by Type (2019-2030)
5.2 Global Current Sensors Production Value by Type (2019-2030)
5.2.1 Global Current Sensors Production Value by Type (2019-2024)
5.2.2 Global Current Sensors Production Value by Type (2025-2030)
5.2.3 Global Current Sensors Production Value Market Share by Type (2019-2030)
5.3 Global Current Sensors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Current Sensors Production by Application (2019-2030)
6.1.1 Global Current Sensors Production by Application (2019-2024)
6.1.2 Global Current Sensors Production by Application (2025-2030)
6.1.3 Global Current Sensors Production Market Share by Application (2019-2030)
6.2 Global Current Sensors Production Value by Application (2019-2030)
6.2.1 Global Current Sensors Production Value by Application (2019-2024)
6.2.2 Global Current Sensors Production Value by Application (2025-2030)
6.2.3 Global Current Sensors Production Value Market Share by Application (2019-2030)
6.3 Global Current Sensors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Asahi Kasei Microdevices Corporation
7.1.1 Asahi Kasei Microdevices Corporation Current Sensors Corporation Information
7.1.2 Asahi Kasei Microdevices Corporation Current Sensors Product Portfolio
7.1.3 Asahi Kasei Microdevices Corporation Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Asahi Kasei Microdevices Corporation Main Business and Markets Served
7.1.5 Asahi Kasei Microdevices Corporation Recent Developments/Updates
7.2 Allegro Microsystems, LLC
7.2.1 Allegro Microsystems, LLC Current Sensors Corporation Information
7.2.2 Allegro Microsystems, LLC Current Sensors Product Portfolio
7.2.3 Allegro Microsystems, LLC Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Allegro Microsystems, LLC Main Business and Markets Served
7.2.5 Allegro Microsystems, LLC Recent Developments/Updates
7.3 Melexis NV
7.3.1 Melexis NV Current Sensors Corporation Information
7.3.2 Melexis NV Current Sensors Product Portfolio
7.3.3 Melexis NV Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Melexis NV Main Business and Markets Served
7.3.5 Melexis NV Recent Developments/Updates
7.4 TDK Micronas
7.4.1 TDK Micronas Current Sensors Corporation Information
7.4.2 TDK Micronas Current Sensors Product Portfolio
7.4.3 TDK Micronas Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 TDK Micronas Main Business and Markets Served
7.4.5 TDK Micronas Recent Developments/Updates
7.5 LEM Holding SA
7.5.1 LEM Holding SA Current Sensors Corporation Information
7.5.2 LEM Holding SA Current Sensors Product Portfolio
7.5.3 LEM Holding SA Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 LEM Holding SA Main Business and Markets Served
7.5.5 LEM Holding SA Recent Developments/Updates
7.6 Honeywell International Inc.
7.6.1 Honeywell International Inc. Current Sensors Corporation Information
7.6.2 Honeywell International Inc. Current Sensors Product Portfolio
7.6.3 Honeywell International Inc. Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Honeywell International Inc. Main Business and Markets Served
7.6.5 Honeywell International Inc. Recent Developments/Updates
7.7 Infineon Technologies AG
7.7.1 Infineon Technologies AG Current Sensors Corporation Information
7.7.2 Infineon Technologies AG Current Sensors Product Portfolio
7.7.3 Infineon Technologies AG Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Infineon Technologies AG Main Business and Markets Served
7.7.5 Infineon Technologies AG Recent Developments/Updates
7.8 Kohshin Electric Corporation
7.8.1 Kohshin Electric Corporation Current Sensors Corporation Information
7.8.2 Kohshin Electric Corporation Current Sensors Product Portfolio
7.8.3 Kohshin Electric Corporation Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kohshin Electric Corporation Main Business and Markets Served
7.7.5 Kohshin Electric Corporation Recent Developments/Updates
7.9 Sensitec GmbH
7.9.1 Sensitec GmbH Current Sensors Corporation Information
7.9.2 Sensitec GmbH Current Sensors Product Portfolio
7.9.3 Sensitec GmbH Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sensitec GmbH Main Business and Markets Served
7.9.5 Sensitec GmbH Recent Developments/Updates
7.10 Pulse Electronics Corporation
7.10.1 Pulse Electronics Corporation Current Sensors Corporation Information
7.10.2 Pulse Electronics Corporation Current Sensors Product Portfolio
7.10.3 Pulse Electronics Corporation Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Pulse Electronics Corporation Main Business and Markets Served
7.10.5 Pulse Electronics Corporation Recent Developments/Updates
7.11 MultiDimension Technology
7.11.1 MultiDimension Technology Current Sensors Corporation Information
7.11.2 MultiDimension Technology Current Sensors Product Portfolio
7.11.3 MultiDimension Technology Current Sensors Production, Value, Price and Gross Margin (2019-2024)
7.11.4 MultiDimension Technology Main Business and Markets Served
7.11.5 MultiDimension Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Current Sensors Industry Chain Analysis
8.2 Current Sensors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Current Sensors Production Mode & Process
8.4 Current Sensors Sales and Marketing
8.4.1 Current Sensors Sales Channels
8.4.2 Current Sensors Distributors
8.5 Current Sensors Customers
9 Current Sensors Market Dynamics
9.1 Current Sensors Industry Trends
9.2 Current Sensors Market Drivers
9.3 Current Sensors Market Challenges
9.4 Current Sensors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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