Current Sensors Market

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.

Current Sensors Market contains market size and forecasts of Current Sensors in global, including the following market information:

Global Current Sensors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Current Sensors Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Current Sensors companies in 2021 (%)

The global Current Sensors market was valued at 2778 million in 2021 and is projected to reach US$ 4626.9 million by 2028, at a CAGR of 7.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Hall-Effect Current Sensors Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Current Sensors include Asahi Kasei Microdevices Corporation, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, LEM Holding SA, Honeywell International Inc., Infineon Technologies AG, Kohshin Electric Corporation and Sensitec GmbH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Current Sensors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Current Sensors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Current Sensors Market Segment Percentages, by Type, 2021 (%)

Hall-Effect Current Sensors

Shunt Current Sensors

TMR Current Sensors

Others

Global Current Sensors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Current Sensors Market Segment Percentages, by Application, 2021 (%)

Industrial

Automotive

Others

Global Current Sensors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Current Sensors Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Current Sensors revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Current Sensors revenues share in global market, 2021 (%)

Key companies Current Sensors sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Current Sensors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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