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Current Sensor Market by Type (Open Loop and Closed Loop), Current Sensing Technology (Hall Effect, Current Transformer, Flux Gate, and Rogowski Effect), and End Use (Automotive, Consumer Electronics, Industrial, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A07958 | Pages: 227 | Nov 2020 | 1353 Views | | |
| Author(s) : Shantanu Sachan , Vineet Kumar | Tables: 114 | Charts: 80 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !The global current sensor market size is expected to reach from $1.65 billion in 2019 to $2.61 billion by 2027, growing at a CAGR of 6.3% from 2020 to 2027.
The automotive segment impacted positively, due to COVID-19.
Current sensors, also commonly referred to as current transformers or CTs, are devices that measure current running through a wire by using magnetic field to detect the current and generate a proportional output. They are used with both AC and DC current. They are used in various applications such as motor driving circuits and inverter circuits. Current sensors are used in various industries such as automotive, consumer electronics, and telecommunication.
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Rise in adoption of power management systems in data centers for improved efficiency & speed with reduced power expenditure fuels the market demand. Current sensors integrated with backup power systems such as inverters and UPS systems enable protection of battery at the stage of charge and offer efficiency, which increases their demand in data centers. Moreover, stringent government regulations in relation to control of data center power consumption is also one of the major factors that propels the current sensor market growth.
The COVID-19 outbreak has currently restrained research & development activities in the electronics & semiconductor industry and has led to shutdown of several manufacturing facilities globally. Shortage or unavailability of raw materials and components, owing to supply chain disruption hinders production capacity of sensor manufacturers. Further, decline in purchase capability among consumers, owing to uncertain economy and decrease in adoption of electric vehicles further hinder the market growth. However, by the end of 2020, the market demand is expected to boost development of autonomous technologies, such as industrial robots and autonomous electric cars, which would propels the market growth in coming years.
The global current sensor market is segmented on the basis of type, current sensing technology, end use, and region. On the basis of type, the market is bifurcated into open loop and closed loop. By current sensing technology, the market is classified into Hall effect, current transformer, flux gate, and Rogowski coil. On the basis of end use, it is divided into automotive, consumer electronics, industrial, telecommunication, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top Impacting Factors
Adoption of industrial robots and increase in trend of hybrid vehicles in the automotive industry drive the current sensor market growth. However, technical issues and high costs associated with current sensors across the globe hamper the market growth. On the contrary, rapid adoption of 5G technology increases demand for closed loop current sensors, which is expected to create lucrative opportunities for the current sensor market.
Current Sensor Market
By type
Open Loop segment generated the highest revenue in 2019.
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Some major factors that impact the market growth include:
Growth in demand for Hall Effect technology in current sensors
Development of hall-based technology has increased its demand such as in coreless technology. This provides manufacturers the benefit of reduced bill of material (BOM), design size, and provides a forward integration in other industry verticals as well. Hall effect technology provide benefits such as linearity, high accuracy, low power consumption, and wide frequency bandwidth. Key market players currently focus on BiCMOS architecture and galvanic isolation-based technology for advancements in hall effect technology. Advantages and further developments increase demand in the current sensor industry.
Adoption of industrial robots
Rise in implementation of latest developing technologies, such as industrial internet of things (IIoT) and cloud-computing has created high demand for industrial robots in manufacturing, particularly in countries such as China and South Korea, which, in turn, creates demand for the current sensor market. These industrial robots require current sensing applications for circuit, DC motors, and serves that measure accurate power requirement and functionality of robots. Therefore, growth in adoption of industrial robots increases the current sensor market demand.
Current Sensor Market
By Current Sensing Technology
Hall Effect segment is expected to dominate the market during forecast period.
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Increase in trend of hybrid vehicles in the automotive industry
Current sensors have several applications in advanced automotive such as battery management, overcurrent protection, converter control, and control of motor drives. Integration of advanced automotive system further propels growth of the market. These sensors are also experiencing high market opportunity from the electric & hybrid vehicle segment. These sensors efficiently monitor current consumption from battery and deliver real-time information about charging status and battery management. Rise in adoption of electric vehicles and hybrid electric vehicles (EVs/HEVs), owing to several countries focus on green energy initiatives and low fuel emission, which drive the market for current sensors in the automotive sector.
Competition Analysis
The key players that have major global current sensor market share include Infineon Technologies, Honeywell International Inc., Texas Instruments, Allegro MicroSystems, LLC, Tamura Corp., TDK Corporation, LEM International SA, Pulse Electronics, Eaton Corporation PLC, and Sensitec GmbH, which are profiled in this report. The global current sensor industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market growth.
Current Sensor Market
By Region
Asia-Pacific region would exhibit the highest CAGR of 7.2% during 2020-2027
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Key Benefits For Stakeholders
- This study comprises analytical depiction of the global current sensor market size along with the current trends and future estimations to depict imminent investment pockets.
- The overall current sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the market.
Current Sensor Market Segmentation
By Type
- Open loop
- Closed loop
By Current Sensing Technology
- Hall Effect
- Current Transformer
- Flux Gate
- Rogowski Coil
By End User
- Automotive
- Consumer Electronics
- Industrial
- Telecommunication
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Companies
- Infineon Technologies
- Honeywell International Inc.
- Texas Instruments
- Allegro MicroSystems, LLC
- Tamura Corp.
- TDK Corporation
- LEM International SA
- Pulse Electronics
- Eaton Corporation PLC
- Sensitec GmbH
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.3.Key forces shaping the Current Sensor market
3.4.Top winning strategies
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Growth in demand for Hall effect technology in current sensor
3.5.1.2.Adoption of industrial robots boost the demand for market
3.5.1.3.Increase in trend of hybrid vehicles in automotive industry
3.5.2.Restraint
3.5.2.1.Technical issues and high costs associated with current sensors
3.5.3.Opportunity
3.5.3.1.Rapid adoption 5G technology increases the demand for closed loop current sensor
3.5.4.COVID-19 impact on the Current Sensor market
CHAPTER 4:CURRENT SENSOR MARKET, BY TYPE
4.1.Overview
4.2.Open loop
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Closed loop
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
CHAPTER 5:CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY
5.1.Overview
5.2.Hall effects
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Current transformer
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Flux gate
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Rogowski coil
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
CHAPTER 6:CURRENT SENSOR MARKET, BY END USE
6.1.Overview
6.2.Automotive
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Consumer electronics
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
6.4.Industrial
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country
6.5.Telecommunication
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country
6.6.Others
6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country
CHAPTER 7:CURRENT SENSOR MARKET, BY REGION
7.1.Overview
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by Type
7.2.3.Market size and forecast, by Current Sensing Technology
7.2.4.Market size and forecast, by end use
7.2.5.Market analysis, by country
7.2.5.1.U.S.
7.2.5.1.1.Market size and forecast, by Type
7.2.5.1.2.Market size and forecast, by Current Sensing Technology
7.2.5.1.3.Market size and forecast, by end use
7.2.5.2.CANADA
7.2.5.2.1.Market size and forecast, by Type
7.2.5.2.2.Market size and forecast, by Current Sensing Technology
7.2.5.2.3.Market size and forecast, by end use
7.2.5.3.MEXICO
7.2.5.3.1.Market size and forecast, by Type
7.2.5.3.2.Market size and forecast, by Current Sensing Technology
7.2.5.3.3.Market size and forecast, by end use
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by Type
7.3.3.Market size and forecast, by Current Sensing Technology
7.3.4.Market size and forecast, by end use
7.3.5.Market analysis, by country
7.3.5.1.GERMANY
7.3.5.1.1.Market size and forecast, by Type
7.3.5.1.2.Market size and forecast, by Current Sensing Technology
7.3.5.1.3.Market size and forecast, by end use
7.3.5.2.UK
7.3.5.2.1.Market size and forecast, by Type
7.3.5.2.2.Market size and forecast, by Current Sensing Technology
7.3.5.2.3.Market size and forecast, by end use
7.3.5.3.FRANCE
7.3.5.3.1.Market size and forecast, by Type
7.3.5.3.2.Market size and forecast, by Current Sensing Technology
7.3.5.3.3.Market size and forecast, by end use
7.3.5.4.ITALY
7.3.5.4.1.Market size and forecast, by Type
7.3.5.4.2.Market size and forecast, by Current Sensing Technology
7.3.5.4.3.Market size and forecast, by end use
7.3.5.5.REST OF EUROPE
7.3.5.5.1.Market size and forecast, by Type
7.3.5.5.2.Market size and forecast, by Current Sensing Technology
7.3.5.5.3.Market size and forecast, by end use
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by Type
7.4.3.Market size and forecast, by Current Sensing Technology
7.4.4.Market size and forecast, by end use
7.4.5.Market analysis, by country
7.4.5.1.CHINA
7.4.5.1.1.Market size and forecast, by Type
7.4.5.1.2.Market size and forecast, by Current Sensing Technology
7.4.5.1.3.Market size and forecast, by end use
7.4.5.2.JAPAN
7.4.5.2.1.Market size and forecast, by Type
7.4.5.2.2.Market size and forecast, by Current Sensing Technology
7.4.5.2.3.Market size and forecast, by end use
7.4.5.3.INDIA
7.4.5.3.1.Market size and forecast, by Type
7.4.5.3.2.Market size and forecast, by Current Sensing Technology
7.4.5.3.3.Market size and forecast, by end use
7.4.5.4.SOUTH KOREA
7.4.5.4.1.Market size and forecast, by Type
7.4.5.4.2.Market size and forecast, by Current Sensing Technology
7.4.5.4.3.Market size and forecast, by end use
7.4.5.5.REST OF ASIA-PACIFIC
7.4.5.5.1.Market size and forecast, by Type
7.4.5.5.2.Market size and forecast, by Current Sensing Technology
7.4.5.5.3.Market size and forecast, by end use
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by Type
7.5.3.Market size and forecast, by Current Sensing Technology
7.5.4.Market size and forecast, by end use
7.5.5.Market analysis, by country
7.5.5.1.LATIN AMERICA
7.5.5.1.1.Market size and forecast, by Type
7.5.5.1.2.Market size and forecast, by Current Sensing Technology
7.5.5.1.3.Market size and forecast, by end use
7.5.5.2.MIDDLE EAST
7.5.5.2.1.Market size and forecast, by Type
7.5.5.2.2.Market size and forecast, by Current Sensing Technology
7.5.5.2.3.Market size and forecast, by end use
7.5.5.3.AFRICA
7.5.5.3.1.Market size and forecast, by Type
7.5.5.3.2.Market size and forecast, by Current Sensing Technology
7.5.5.3.3.Market size and forecast, by end use
CHAPTER 8:COMPANY PROFILES
8.1.ALLEGRO MICROSYSTEMS, INC.
8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Business performance
8.1.7.Key strategic moves and developments
8.2.Eaton
8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.R&D expenditure
8.2.7.Business performance
8.2.8.Key strategic moves and developments
8.3.Honeywell International Inc.
8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments
8.4.Infineon Technologies AG
8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments
8.5.LEM Group
8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance
8.5.7.Key strategic moves and developments
8.6.TAMURA CORPORATION
8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D expenditure
8.6.7.Business performance
8.7.TDK Corporation
8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments
8.8.TEXAS INSTRUMENTS
8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.R&D expenditure
8.8.7.Business performance
8.8.8.Key strategic moves and developments
8.9.Pulse Electronics
8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance
8.10.Sensitec GmbH
8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.Key strategic moves and developments
LIST OF TABLES
TABLE 01.GLOBAL CURRENT SENSOR MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 02.CURRENT SENSOR MARKET REVENUE BY OPEN LOOP, BY REGION 2019-2027 ($MILLION)
TABLE 03.CURRENT SENSOR MARKET BY CLOSED LOOP, BY REGION 2019-2027($MILLION)
TABLE 04.GLOBAL CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY, 2019-2027 ($MILLION)
TABLE 05.CURRENT SENSOR MARKET REVENUE BY HALL EFFECTS, BY REGION 2019-2027 ($MILLION)
TABLE 06.CURRENT SENSOR MARKET BY CURRENT TRANSFORMER, BY REGION 2019-2027($MILLION)
TABLE 07.CURRENT SENSOR MARKET BY FLUX GATE, BY REGION 2019-2027($MILLION)
TABLE 08.CURRENT SENSOR MARKET BY ROGOWSKI COIL, BY REGION 2019-2027($MILLION)
TABLE 09.GLOBAL CURRENT SENSOR MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 10.CURRENT SENSOR MARKET REVENUE BY AUTOMOTIVE, BY REGION 2019-2027 ($MILLION)
TABLE 11.CURRENT SENSOR MARKET BY CONSUMER ELECTRONICS, BY REGION 2019-2027($MILLION)
TABLE 12.CURRENT SENSOR MARKET REVENUE BY INDUSTRIAL, BY REGION 2019-2027 ($MILLION)
TABLE 13.CURRENT SENSOR MARKET REVENUE BY TELECOMMUNICATION, BY REGION 2019-2027 ($MILLION)
TABLE 14.CURRENT SENSOR MARKET BY OTHERS, BY REGION 2019-2027($MILLION)
TABLE 15.GLOBAL CURRENT SENSOR MARKET, BY REGION 2019-2027($MILLION)
TABLE 16.NORTH AMERICA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 17.NORTH AMERICA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 18.NORTH AMERICA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 19.U.S. CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 20.U.S. CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 21.U.S. CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 22.CANADA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 23.CANADA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 24.CANADA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 25.MEXICO CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 26.MEXICO CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 27.MEXICO CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 28.EUROPE CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 29.EUROPE CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 30.EUROPE CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 31.GERMANY CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 32.GERMANY CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 33.GERMANY CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 34.UK CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 35.UK CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 36.UK CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 37.FRANCE CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 38.FRANCE CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 39.FRANCE CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 40.ITALY CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 41.ITALY CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 42.ITALY CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 43.REST OF EUROPE CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 44.REST OF EUROPE CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 45.REST OF EUROPE CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 46.ASIA-PACIFIC CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 47.ASIA-PACIFIC CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 48.ASIA-PACIFIC CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 49.CHINA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 50.CHINA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 51.CHINA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 52.JAPAN CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 53.JAPAN CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 54.JAPAN CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 55.INDIA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 56.INDIA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 57.INDIA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 58.SOUTH KOREA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 59.SOUTH KOREA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 60.SOUTH KOREA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 61.REST OF ASIA-PACIFIC CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 62.REST OF ASIA-PACIFIC CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 63.REST OF ASIA-PACIFIC CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 64.LAMEA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 65.LAMEA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 66.LAMEA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 67.LATIN AMERICA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 68.LATIN AMERICA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 69.LATIN AMERICA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 70.MIDDLE EAST CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 71.MIDDLE EAST CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 72.MIDDLE EAST CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 73.AFRICA CURRENT SENSOR MARKET, BY TYPE 2019-2027($MILLION)
TABLE 74.AFRICA CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY 2019-2027($MILLION)
TABLE 75.AFRICA CURRENT SENSOR MARKET, BY END USE 2019-2027($MILLION)
TABLE 76.ALLEGRO MICROSYSTEMS, INC.: KEY EXECUTIVES
TABLE 77.ALLEGRO MICROSYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 78.SANKEN ELECTRIC CO., LTD.: OPERATING SEGMENTS
TABLE 79.ALLEGRO MICROSYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 80.EATON: KEY EXECUTIVES
TABLE 81.EATON: COMPANY SNAPSHOT
TABLE 82.EATON: OPERATING SEGMENTS
TABLE 83.EATON: PRODUCT PORTFOLIO
TABLE 84.EATON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.HONEYWELL INTERNATIONAL INC.: KEY EXECUTIVES
TABLE 86.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 87.HONEYWELL INTERNATIONAL INC.: PRODUCT CATEGORIES
TABLE 88.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 89.INFINEON TECHNOLOGIES AG: KEY EXECUTIVES
TABLE 90.INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 91.INFINEON TECHNOLOGIES AG: OPERATING SEGMENTS
TABLE 92.INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 93.LEM GROUP : KEY EXECUTIVES
TABLE 94.LEM GROUP : COMPANY SNAPSHOT
TABLE 95.LEM GROUP : OPERATING SEGMENTS
TABLE 96.LEM GROUP : PRODUCT PORTFOLIO
TABLE 97.TAMURA CORPORATION: KEY EXECUTIVES
TABLE 98.TAMURA CORPORATION: COMPANY SNAPSHOT
TABLE 99.TAMURA CORPORATION: OPERATING SEGMENTS
TABLE 100.TAMURA CORPORATION: PRODUCT PORTFOLIO
TABLE 101.TDK CORPORATION: KEY EXECUTIVES
TABLE 102.TDK CORPORATION: COMPANY SNAPSHOT
TABLE 103.TDK CORPORATION: OPERATING SEGMENTS
TABLE 104.TDK CORPORATION: PRODUCT PORTFOLIO
TABLE 105.TEXAS INSTRUMENTS: COMPANY SNAPSHOT
TABLE 106.TEXAS INSTRUMENTS: OPERATING SEGMENTS
TABLE 107.TEXAS INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 108.PULSE ELECTRONICS: COMPANY SNAPSHOT
TABLE 109.PULSE ELECTRONICS: OPERATING SEGMENTS
TABLE 110.PULSE ELECTRONICS: PRODUCT PORTFOLIO
TABLE 114.SENSITEC GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.TOP WINNING STRATEGIES, BY YEAR, 2017-2020
FIGURE 12.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020
FIGURE 13.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020
FIGURE 14.GLOBAL CURRENT SENSOR MARKET, BY TYPE, 2019-2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF OPEN LOOP IN CURRENT SENSOR MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR CLOSED LOOP, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.GLOBAL CURRENT SENSOR MARKET, BY CURRENT SENSING TECHNOLOGY, 2019-2027
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF HALL EFFECTS IN CURRENT SENSOR MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR CURRENT TRANSFORMER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR FLUX GATE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR ROGOWSKI COIL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.GLOBAL CURRENT SENSOR MARKET, BY END USE, 2019-2027
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE IN CURRENT SENSOR MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF OIL & GAS IN CURRENT SENSOR MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF TELECOMMUNICATION IN CURRENT SENSOR MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF CURRENT SENSOR MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.GLOBAL CURRENT SENSOR MARKET, BY REGION, 2019-2027
FIGURE 29.NORTH AMERICA CURRENT SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 30.U.S. CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 31.CANADA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 32.MEXICO CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 33.EUROPE CURRENT SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 34.GERMANY CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 35.UK CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 36.FRANCE CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 37.ITALY CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 38.REST OF EUROPE CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 39.ASIA-PACIFIC CURRENT SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 40.CHINA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 41.JAPAN CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 42.INDIA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 43.SOUTH KOREA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 45.LAMEA CURRENT SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 46.LATIN AMERICA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 47.MIDDLE EAST CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 48.AFRICA CURRENT SENSOR MARKET, 2019-2027($MILLION)
FIGURE 49.SANKEN ELECTRIC CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 50.SANKEN ELECTRIC CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 51.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 52.EATON: REVENUE, 2017–2019 ($MILLION)
FIGURE 53.EATON: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 54.EATON: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 55.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 56.HONEYWELL INTERNATIONAL INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 57.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 60.INFINEON TECHNOLOGIES AG: REVENUE, 2017–2019 ($MILLION)
FIGURE 61.INFINEON TECHNOLOGIES AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.INFINEON TECHNOLOGIES AG: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 63.LEM GROUP: REVENUE, 2017–2019 ($MILLION)
FIGURE 64.LEM GROUP: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 65.LEM GROUP: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 66.TAMURA CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 67.TAMURA CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 68.TAMURA CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 69.TAMURA CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 70.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 71.TDK CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 72.TDK CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 73.TEXAS INSTRUMENTS: KEY EXECUTIVES
FIGURE 74.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 75.TEXAS INSTRUMENTS: REVENUE, 2017–2019 ($MILLION)
FIGURE 76.TEXAS INSTRUMENTS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 77.TEXAS INSTRUMENTS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 78.PULSE ELECTRONICS: KEY EXECUTIVES
FIGURE 79.YAGEO CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 80.YAGEO CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
Current sensors, also commonly referred to as current transformers or CTs, are devices that measure current running through a wire by using magnetic field to detect the current and generate a proportional output. They are used with both AC and DC current. They are used in various applications such as motor driving circuits and inverter circuits. The current sensors are used in various industries such as automotive, consumer electronics, and telecommunication.
The global current sensor market is expected to register a significant growth during the forecast period, owing to development of Hall Effect sensor technology. Furthermore, numerous advantages of current sensors such as linearity, high accuracy, low power consumption, and wide frequency bandwidth, which fuel growth of the current sensor market. However, technical issues and high costs associated with current sensors across the globe hamper the current sensor market growth.
The key players that have major global current sensor market share include Infineon Technologies, Honeywell International Inc., Texas Instruments, Allegro MicroSystems, LLC, Tamura Corp., TDK Corporation, LEM International SA, Pulse Electronics, Eaton Corporation PLC, Sensitec GmbH, which are profiled in this report. The global current sensor industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market growth.
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