Current Sensor Market
Current Sensor Market Study by Hall Effect Sensors and Rogowski Coils for IT & Telecom, Consumer Electronics, Automotive, Industrial Automation, Healthcare, and Energy & Utility from 2024 to 2034
Analysis of Current Sensor Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Current Sensor Market Outlook (2024 to 2034)
The constantly expanding consumer electronics industry across the world has led to the development of novel technologies, and most depend highly on current sensors. As such, the global current sensor market has been valued at US$ 3.1 billion in 2024 and is forecast to advance at 9% CAGR to reach US$ 7.3 billion by the end of 2034.
In recent years, increased use of renewable energy sources and battery-powered solutions has been seen, which is positively impacting demand for current sensors. Growing requirements for current sensors are owing to their ability to offer ultra-low-power and highly precise solutions for predicting battery life along with safeguarding Li+ battery and circuitry from overcurrent situations.
Growth of the consumer electronics sector is stimulating respective manufacturers to develop novel technologies while using current sensors. Efficient power management ICs play a vital role in different types of consumer electronics, including TVs, infotainment equipment, tablets, smartphones, and wearables. They are developing crucial building blocks for electronics to match the increasing demand for autonomy, energy efficiency, and mobility. Current sensors are employed as vital components in these electronics to measure the movement of current through the respective power supply system.
- Demand for current sensor solutions in Japan is anticipated to increase at a CAGR of 9.5% from 2024 to 2034.
- North America is projected to account for 24.3% of the current sensor market share by the end of 2034.
- Worldwide sales of isolated current circuits are calculated to rise at 8.5% CAGR and reach US$ 4.4 billion by the end of 2034.
With constant technological advancements taking place in the communications and semiconductor industries, an increased demand for current sensors is encountered. The development of modern sensors is leading to the manufacturing of sensors with reduced sizes, therefore making them more compatible, efficient, and cost-effective all at once.
| Report Attributes | Details |
|---|---|
| Current Sensor Market Size (2024E) | US$ 3.1 Billion |
| Forecasted Market Value (2034F) | US$ 7.3 Billion |
| Global Market Growth Rate (2024 to 2034) | 9% CAGR |
| South Korea Market Growth Rate (2024 to 2034) | 9.8% CAGR |
| East Asia Market Share (2034F) | 23.1% |
| Direct Current Sensing Segment Market Share (2034F) | 64% |
| Key Companies Profiled | Honeywell International Inc., Texas Instruments Inc., Aceinna Inc., TDK Corporation, Allegro MicroSystems, LLC, Infineon Technologies AG, Asahi Kasei Microdevices Corporation, Silicon Laboratories Inc., TAMURA Corporation, LEM Holding SA, Melexis NV |
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What is Contributing to Expanding Current Sensor Market Size?
“Versatile Use of Current Sensors in Several Industries”
Adaptability of current sensors for use in different industries, including medical equipment, farm equipment, industry automation, aerospace systems, 3D printing, construction & mining equipment, automotive, and others is estimated to influence the current sensor market trends positively. In addition, minimal dependency on specific industries and improved flexibility of current sensors are projected to minimize the chances of experiencing any fall in their demand. Power-efficient features of current sensors are also driving their demand for the production of numerous appliances.
“Increasing Developments in Automotive Industry”
Hybrid electric vehicles and electric vehicles are gaining more popularity with constant efforts put forward by automobile manufacturers to explore multiple propulsion options. They are focusing more on coming up with improved technology, including enhanced driver comfort through improved battery performance, and many more. Moreover, the growing utilization of small module designs containing high thermal power density is estimated to drive demand for current sensors.
Which Factors are Adversely Impacting Current Sensor Market Growth?
“High Heat Generation and Low Resistance of Current Sensors”
Growing demand for high power is expected to lead to higher heat generation and resistance value. Sometimes, it becomes difficult to quantify strong currents. With the limited sensitivity of the hall element, a reduced frequency band is intended to offer enough resolution. Therefore, the response time is not very quick, and high precision becomes challenging to obtain, which is adversely impacting the current sensor market.
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How are New Companies Establishing a Strong Foothold in This Business?
“Focus on Energy Efficiency Stimulating Startups to Offer Multiple Current Sensor Types”
Several industries, including consumer electronics, industrial automation, and automotive are adopting electrification to minimize environmental footprints. This is creating demand for current sensors with the growing need for accurate current-sensing and reliable solutions. Startups are expected to leverage these trends while offering multiple types of current sensors according to the requirements of end-use industries.
Country-wise Insights
North America is anticipated to account for a 4.3% share of the global market by 2034, as stated in the study published by Fact.MR, a market research and competitive intelligence provider. The growing use of current sensors for monitoring the power consumption of equipment, machines, and motors in industrial settings in North America generates opportunities for players. These sensors identify faults, provide overload protection, and continuously monitor equipment and machinery conditions.
What is the Demand Projection for Current Sensors in the United States?
“Presence of Leading Current Sensors Manufacturers in the Country”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 300 Million |
| Growth Rate (2024 to 2034) | 9.4% CAGR |
| Projected Value (2034F) | US$ 740 Million |
The United States is projected to enjoy 45.6% share of the market in North America by 2034. Some of the prominent manufacturers of current sensors are operating in the United States, which is further contributing to current sensor market growth there. Furthermore, a shift to electric vehicles is estimated to widen the application scope of current sensors in the automotive industry. IoT penetration and industrial automation are contributing to increased demand for current sensors in the country.
Which Country in East Asia is a Key Business Place in This Market?
“Constantly Increasing Demand for Renewable Energy Infrastructure in China”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 300 Million |
| Growth Rate (2024 to 2034) | 9% CAGR |
| Projected Value (2034F) | US$ 715 Million |
China is anticipated to hold 47.5% of the East Asian market share by the end of 2034. Ongoing requirements for renewable energy infrastructure and favorable regulatory compliance are estimated to generate demand for current sensors. In addition, an expansion of the automotive and power electronics sectors is also driving product demand in the country.
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Category-wise Insights
Among various end users, the automotive sector is estimated to contribute more to the rising demand for current sensors with a shift to hybrid and electric vehicles. These sensors are used as pivotal components in electric powertrains to manage and monitor electricity flow. Integration of ADAS (advanced driver-assistance systems) relies on current sensors for accurate and precise monitoring of power distribution, safety mechanisms, and motor control. A commitment of the automotive industry to reducing environmental impacts and improving fuel efficiency is leading to energy-efficient internal combustion engine development.
Which Sensing Method is Widely Preferred?
“Preference for Direct Current Sensing Method with Rising Demand for Energy-efficient Systems”
| Attribute | Direct Current Sensing |
|---|---|
| Segment Value (2024E) | US$ 2.1 Billion |
| Growth Rate (2024 to 2034) | 8.3% CAGR |
| Projected Value (2034F) | US$ 4.7 Billion |
The direct current (DC) sensing method is forecast to account for a 64% share of the global market by 2034. Increased sales of direct current sensors are due to rising requirements for energy-efficiency systems along with the growing need for accurate power control and monitoring in some industries, including electric vehicles, etc. Therefore, an increased demand for DC sensing technology is encountered. Direct current sensors are utilized to monitor the voltage and current of the batteries and ensure optimal performance. These features make them ideal for use in electric vehicles, as accurate current measurement is pivotal for these automobiles.
Why are Isolated Circuits Widely Utilized?
“Rising Use of Isolated Circuits for Optimized Battery Performance”
| Attribute | Isolated Circuits |
|---|---|
| Segment Value (2024E) | US$ 1.9 Billion |
| Growth Rate (2024 to 2034) | 8.5% CAGR |
| Projected Value (2034F) | US$ 4.4 Billion |
Isolated circuits are estimated to contribute 60% of global market revenue share by the end of 2034. Multiple industries, including healthcare, consumer electronics, and automotive are using battery-powered systems, which is generating demand for isolated current sensors. They are utilized for monitoring current flow in different battery-powered systems to help in the optimization of battery life and improve the performance of the overall system.
Competitive Landscape
Prominent companies operating in the global market are focusing on providing quality services to target end-use industries while ensuring effective management of their supply chain systems. They are actively involved in new product development to generate new leads and retain their existing customers.
Key players in the current sensor industry are Honeywell International Inc., Texas Instruments Inc., Aceinna Inc., TDK Corporation, Allegro MicroSystems, LLC, Infineon Technologies AG, Asahi Kasei Microdevices Corporation, Silicon Laboratories Inc., TAMURA Corporation, LEM Holding SA, and Melexis NV.
Segmentation of Current Sensor Market Research
-
By Sensing Method :
- Direct
- Indirect
- Solutions
- Services
-
By Circuit Type :
- Isolated
- Non-isolated
-
By Sensor Type :
- Hall Effect Current Sensors
- Rogowski Coils
-
By End Use :
- IT & Telecom
- Consumer Electronics
- Automotive
- Industrial Automation
- Healthcare
- Energy & Utility
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background and Foundational Data
- 4. Global Market - Pricing Analysis
- 5. Global Market Demand (in Value or Size in US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sensor Type
- 6.1. Hall Effect
- 6.1.1. Open Loop
- 6.1.1.1. Split
- 6.1.1.2. Solid
- 6.1.1.3. Coreless
- 6.1.2. Closed Loop
- 6.1.2.1. Split
- 6.1.2.2. Solid
- 6.1.2.3. Coreless
- 6.1.1. Open Loop
- 6.2. Rogowski Coils
- 6.1. Hall Effect
- 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Sensing Method
- 7.1. Direct Current Sensing
- 7.2. Indirect Current Sensing
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Circuit Type
- 8.1. Isolated
- 8.2. Non-Isolated
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By End-Use Vertical
- 9.1. IT & Telecom
- 9.2. Consumer Electronics
- 9.3. Automotive
- 9.4. Industrial Automation
- 9.5. Healthcare
- 9.6. Energy & Utility
- 9.7. Other
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia
- 10.6. Oceania
- 10.7. Middle East & Africa (MEA)
- 11. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Middle East & Africa (MEA) Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Country Level Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Texas Instruments Inc
- 20.2. TDK Corporation
- 20.3. Infineon Technologies AG
- 20.4. Silicon Laboratories Inc.
- 20.5. LEM Holding SA
- 20.6. Melexis NV
- 20.7. Honeywell International Inc
- 20.8. TAMURA Corporation
- 20.9. Asahi Kasei Microdevices Corporation
- 20.10. Allegro MicroSystems, LLC
- 20.11. Aceinna Inc.
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Sensor Type, 2018 to 2023
Table 04: Global Market Value (US$ Mn) Opportunity Analysis, by Sensor Type, 2024 to 2034
Table 05: Global Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 06: Global Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Opportunity Analysis, by Sensing Method, 2018 to 2023
Table 08: Global Market Value (US$ Mn) Opportunity Analysis, by Sensing Method, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 10: Global Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 11: Global Market Value (US$ Mn) Opportunity Analysis, by Circuit Type, 2018 to 2023
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Circuit Type, 2024 to 2034
Table 13: Global Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 14: Global Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 15: Global Market Value (US$ Mn) Opportunity Analysis, by End Use Vertical, 2018 to 2023
Table 16: Global Market Value (US$ Mn) Opportunity Analysis, by End Use Vertical, 2024 to 2034
Table 17: North America Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 18: North America Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 22: North America Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 23: North America Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 24: North America Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 28: Latin America Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 29: Latin America Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 30: Latin America Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 33: Europe Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 34: Europe Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 35: Europe Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 36: Europe Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 37: Europe Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 38: Europe Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 39: Europe Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 40: Europe Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 41: East Asia Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 42: East Asia Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 43: East Asia Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 44: East Asia Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 45: East Asia Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 46: East Asia Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 47: East Asia Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 48: East Asia Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 49: South Asia Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 50: South Asia Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 51: South Asia Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 52: South Asia Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 53: South Asia Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 54: South Asia Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 55: South Asia Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 56: South Asia Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 57: Oceania Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 58: Oceania Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 59: Oceania Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 60: Oceania Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 61: Oceania Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 62: Oceania Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 63: Oceania Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 64: Oceania Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
Table 65: MEA Market Value (US$ Mn) Analysis, by Sensor Type, 2018 to 2023
Table 66: MEA Market Value (US$ Mn) Analysis, by Sensor Type, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Sensing Method, 2018 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Sensing Method, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Analysis, by Circuit Type, 2018 to 2023
Table 70: MEA Market Value (US$ Mn) Analysis, by Circuit Type, 2024 to 2034
Table 71: MEA Market Value (US$ Mn) Analysis, by End Use Vertical, 2018 to 2023
Table 72: MEA Market Value (US$ Mn) Analysis, by End Use Vertical, 2024 to 2034
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List Of Figures
Figure 01: Global Market Volume (Unit) and Value (US$ Mn) Analysis, 2018, 2024 and 2034
Figure 02: Global Market Value (US$ Mn) Scenario Forecast, 2024 & 2034
Figure 03: Global Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 04: Global Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 05: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 06: Global Market Incremental $ Opportunity, 2023 to 2034
Figure 07: Global Market Share Analysis by Sensor Type– 2024 to 2034
Figure 08: Global Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 09: Global Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 18: Global Market Share Analysis by Sensing Method– 2024 to 2034
Figure 19: Global Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 20: Global Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 25: Global Market Share Analysis by Circuit Type– 2024 to 2034
Figure 26: Global Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 27: Global Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 32: Global Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 33: Global Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 34: Global Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 52: North America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 53: North America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 54: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 55: North America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 56: North America Market Share Analysis by Sensor Type– 2024 to 2034
Figure 57: North America Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 58: North America Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 63: North America Market Share Analysis by Sensing Method– 2024 to 2034
Figure 64: North America Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 65: North America Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 63: North America Market Share Analysis by Circuit Type – 2024 to 2034
Figure 64: North America Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 65: North America Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 69: North America Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 70: North America Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 71: North America Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 72: North America Market Share Analysis by Country– 2024 to 2034
Figure 73: North America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 74: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 75: Latin America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 76: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 77: Latin America Market Incremental $ Opportunity, 2023 to 2034
Figure 78: Latin America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 79: Latin America Market Share Analysis by Sensor Type– 2024 to 2034
Figure 80: Latin America Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 81: Latin America Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 86: Latin America Market Share Analysis by Sensing Method– 2024 to 2034
Figure 87: Latin America Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 88: Latin America Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 89: Latin America Market Share Analysis by Circuit Type– 2024 to 2034
Figure 90: Latin America Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 91: Latin America Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 92: Latin America Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 93: Latin America Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 94: Latin America Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 95: Latin America Market Share Analysis by Country– 2024 to 2034
Figure 96: Latin America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 97: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 98: Europe Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 99: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 100: Europe Market Incremental $ Opportunity, 2023 to 2034
Figure 101: Europe Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 102: Europe Market Share Analysis by Sensor Type– 2024 to 2034
Figure 103: Europe Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 104: Europe Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 109: Europe Market Share Analysis by Sensing Method– 2024 to 2034
Figure 110: Europe Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 111: Europe Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 112: Europe Market Share Analysis by Circuit Type– 2024 to 2034
Figure 113: Europe Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 114: Europe Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 115: Europe Market Share Analysis by End Use Vertical – 2024 to 2034
Figure 116: Europe Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 117: Europe Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 118: Europe Market Share Analysis by Country – 2024 to 2034
Figure 119: Europe Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 120: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: East Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 122: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 123: East Asia Market Incremental $ Opportunity, 2023 to 2034
Figure 124: East Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 125: East Asia Market Share Analysis by Sensor Type– 2024 to 2034
Figure 126: East Asia Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 127: East Asia Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 132: East Asia Market Share Analysis by Sensing Method– 2024 to 2034
Figure 133: East Asia Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 134: East Asia Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 135: East Asia Market Share Analysis by Circuit Type– 2024 to 2034
Figure 136: East Asia Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 137: East Asia Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 138: East Asia Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 139: East Asia Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 140: East Asia Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 141: East Asia Market Share Analysis by Country– 2024 to 2034
Figure 142: East Asia Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 143: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 144: South Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 145: South Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 146: South Asia Market Incremental $ Opportunity, 2023 to 2034
Figure 147: South Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 148: South Asia Market Share Analysis by Sensor Type– 2024 to 2034
Figure 149: South Asia Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 150: South Asia Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 155: South Asia Market Share Analysis by Sensing Method– 2024 to 2034
Figure 156: South Asia Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 157: South Asia Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 158: South Asia Market Share Analysis by Circuit Type– 2024 to 2034
Figure 159: South Asia Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 160: South Asia Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 161: South Asia Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 162: South Asia Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 163: South Asia Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 164: South Asia Market Share Analysis by Country– 2024 to 2034
Figure 165: South Asia Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 166: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 167: Oceania Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 168: Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 169: Oceania Market Incremental $ Opportunity, 2023 to 2034
Figure 170: Oceania Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 171: Oceania Market Share Analysis by Sensor Type– 2024 to 2034
Figure 172: Oceania Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 173: Oceania Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 178: Oceania Market Share Analysis by Sensing Method– 2024 to 2034
Figure 179: Oceania Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 180: Oceania Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 181: Oceania Market Share Analysis by Circuit Type– 2024 to 2034
Figure 182: Oceania Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 183: Oceania Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 184: Oceania Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 185: Oceania Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 186: Oceania Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 187: Oceania Market Share Analysis by Country– 2024 to 2034
Figure 188: Oceania Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 189: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 190: MEA Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2018 to 2023
Figure 191: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 192: MEA Market Incremental $ Opportunity, 2023 to 2034
Figure 193: MEA Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2024 to 2034
Figure 194: MEA Market Share Analysis by Sensor Type– 2024 to 2034
Figure 195: MEA Market Y-o-Y Growth Projections by Sensor Type, 2024 to 2034
Figure 196: MEA Market Attractiveness Analysis by Sensor Type, 2024 to 2034
Figure 201: MEA Market Share Analysis by Sensing Method– 2024 to 2034
Figure 202: MEA Market Y-o-Y Growth Projections by Sensing Method, 2024 to 2034
Figure 203: MEA Market Attractiveness Analysis by Sensing Method, 2024 to 2034
Figure 204: MEA Market Share Analysis by Circuit Type– 2024 to 2034
Figure 205: MEA Market Y-o-Y Growth Projections by Circuit Type, 2024 to 2034
Figure 206: MEA Market Attractiveness Analysis by Circuit Type, 2024 to 2034
Figure 207: MEA Market Share Analysis by End Use Vertical– 2024 to 2034
Figure 208: MEA Market Y-o-Y Growth Projections by End Use Vertical, 2024 to 2034
Figure 209: MEA Market Attractiveness Analysis by End Use Vertical, 2024 to 2034
Figure 210: MEA Market Share Analysis by Country– 2024 to 2034
Figure 211: MEA Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 212: MEA Market Attractiveness Analysis by Country, 2024 to 2034
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- FAQs -
How big is the size of the current sensor market in 2024?
The global current sensor market is calculated at US$ 3.1 billion in 2024.
What is the sales projection for current sensors for 2034?
Global demand for current sensors is projected to reach a market value of US$ 7.3 billion by 2034.
What is the forecasted CAGR for the global market?
The global market is projected to advance at 9% CAGR from 2024 to 2034.
How much share of global market revenue will North America hold by 2034?
North America is approximated to account for 24.3% share of the global market by 2034.
What is the anticipated growth rate for the market in South Korea?
Demand for current sensors in South Korea is calculated to increase at a CAGR of 9.8% from 2024 to 2034.
What is the contribution of isolated current sensors to global market revenue?
Isolated current sensors are evaluated to account for 60% share of the global market by 2034.
Current Sensor Market