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The current sensor market is forecasted to grow by USD 1.79 bn during 2023-2028, accelerating at a CAGR of 10.37% during the forecast period. The report on the current sensor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of energy-efficient solutions, increasing demand for high-precision current measurement in semiconductor manufacturing processes, and growing integration of current sensors in industrial automation equipment and internet of things (IoT) devices.
The current sensor market is segmented as below:
By Type
- Open loop current sensors
- Closed loop current sensors
By Technology
- Hall effect
- Current transformer
- Flux gate
- Rogowski coil
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the current sensor market covers the following areas:
- Current sensor market sizing
- Current sensor market forecast
- Current sensor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global current sensor market: ABB Ltd., ACEINNA Inc., Allegro MicroSystems Inc., Analog Devices Inc., CR Magnetics Inc., Eaton Corp. Plc, Honeywell International Inc., Infineon Technologies AG, LEM Holding SA, Melexis NV, Methode Electronics Inc., Mitsubishi Electric Corp., Ning Bo Sinomags Electronic Technology Co Ltd., NK Technologies, ROHM Co. Ltd., STMicroelectronics International N.V., Tamura Corp., TDK Corp., Texas Instruments Inc., and Yageo Corp..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise in focus on industry 4.0 and smart manufacturing.'
According to the report, one of the major drivers for this market is the rise in adoption of energy-efficient solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ACEINNA Inc.
- Allegro MicroSystems Inc.
- Analog Devices Inc.
- CR Magnetics Inc.
- Eaton Corp. Plc
- Honeywell International Inc.
- Infineon Technologies AG
- LEM Holding SA
- Melexis NV
- Methode Electronics Inc.
- Mitsubishi Electric Corp.
- Ning Bo Sinomags Electronic Technology Co Ltd.
- NK Technologies
- ROHM Co. Ltd.
- STMicroelectronics International N.V.
- Tamura Corp.
- TDK Corp.
- Texas Instruments Inc.
- Yageo Corp.
