Report overview
A current sensor is?a sensor that will measure the intensity of the current flowing in electrical conductors. Hybrid electric vehicles (HEV) and electric vehicles (EV) continue to gain share in the overall global automotive market. The battery management system (BMS) for these vehicles carries out the important tasks of keeping the battery operating inside the safe operating area (SOA), monitoring power distribution, and keeping track of the state of charge (SoC). When the battery is the main source of energy for systems in HEVs/EVs, it is essential to have information about its charging and discharging cycles. Current sensors are the main source of information for charging and discharging cycle information by reporting the status of battery SOH to the battery management system. They may be located onboard or externally. For a typical battery, current sensors measure the current flowing into (when charging) or out of (when discharging) the battery.
This report aims to provide a comprehensive presentation of the global market for Current Sensors for Automotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Current Sensors for Automotive. This report contains market size and forecasts of Current Sensors for Automotive in global, including the following market information:
Global Current Sensors for Automotive Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Current Sensors for Automotive Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Current Sensors for Automotive companies in 2022 (%)
The global Current Sensors for Automotive market was valued at US$ 414.7 million in 2022 and is projected to reach US$ 1130.7 million by 2029, at a CAGR of 15.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of current sensors for automotive include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., etc. The top five players hold a share over 57%. Europe is the largest producer of current sensors for automotive, holds a share over 32 percent. In terms of product type, Hall Based Current Sensor is the largest segment, occupied for a share of 60%, and in terms of application, Gas Vehicle has a share about 58 percent.
We surveyed the Current Sensors for Automotive 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 for Automotive Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Current Sensors for Automotive Market Segment Percentages, by Type, 2022 (%)
Hall Based Current Sensor
Shunt Based Current Sensor
Others
Global Current Sensors for Automotive Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Current Sensors for Automotive Market Segment Percentages, by Application, 2022 (%)
Gas Vehicle
Electric Vehicle
Global Current Sensors for Automotive Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Current Sensors for Automotive Market Segment Percentages, By Region and Country, 2022 (%)
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 for Automotive revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Current Sensors for Automotive revenues share in global market, 2022 (%)
Key companies Current Sensors for Automotive sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Current Sensors for Automotive sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
LEM Holding SA
Allegro Microsystems, LLC
Melexis NV
TDK Micronas
Honeywell International Inc.
Robert Bosch GmbH
DENSO
Continental
Kohshin Electric Corporation
Infineon
Nicera
BYD
CRRC
Sinomags Electrical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Current Sensors for Automotive, market overview.
Chapter 2: Global Current Sensors for Automotive market size in revenue and volume.
Chapter 3: Detailed analysis of Current Sensors for Automotive manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Current Sensors for Automotive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Current Sensors for Automotive capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
