The global current sensors market is anticipated to grow at a significant CAGR of 8.4% during the forecast period. The growing demand for low-cost, accurate, and small-size solutions of current sensors from industrial, automotive, communication, and electronic industries to drive the market growth of current sensors. The modern BiCMOS technology has generated new opportunities for the IC sectors.
Get Free Sample link @ https://www.omrglobal.com/request-sample/current-sensors-market
The consumer electronics segment held considerable share in the current sensors market. The rising per capita income of consumers is expected to drive the segmental growth of consumer electronics. The Automotive segment is anticipated to grow fastest during the forecast period. As the electric vehicle replaces conventional engine vehicles, the usage of current sensors will grow. Thus, the automotive segment holds the major share in the market. The rising innovation and development of powertrains and electric trucks & buses will generate new opportunities for the current sensors market. Hall-effect and magnetoresistive (AMR, TMR, and GMR) are the most popularly used current sensors while magneto-inductive and magneto-optical sensors are used for customized applications of current sensors.
full report of Current Sensors Market available @ https://www.omrglobal.com/industry-reports/current-sensors-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Current Sensors Market by Loop Type
- Open Loop
- Closed Loop
Global Current Sensors Market by Technology
- Micro-electromechanical systems (MEMS)
- Hall-Effect
- Shunt
- Fluxgate
- Magneto Resistive
Global Current Sensors Market by Output Type
- Analog
- Digital
Global Current Sensors Market by Application
- Automotive
- Consumer Electronics
- Healthcare
- Industrial
- Energy
- Others (including Aerospace & Defense, Telecom & Networking)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle-East & Africa
Company Profiles
- ACEINNA
- Asahi Kasei Microdevices Corp.
- Allegro MicroSystems, LLC
- Eaton Corporation PLC
- ELECTROHMS Pvt. Ltd.
- Honeywell International, Inc.
- ICE Components, Inc.
- Infineon Technologies AG
- KOHSHIN ELECTRIC Corp.
- LEM International SA
- Magnesensor Technology
- Melexis NV
- OMRON Corp.
- Pulse Electronics A Yageo Co.
- Sensitec GmbH
- Silicon Laboratories
- STMicroelectronics
- Tamura Corp.
- TDK Corp.
- Texas Instruments, Inc.
- TT Electronics Plc
- VACUUMSCHMELZE GmbH & Co. KG
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global current sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/current-sensors-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
