Report overview
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 Electric Vehicle Battery Current Sensor, 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 Electric Vehicle Battery Current Sensor. This report contains market size and forecasts of Electric Vehicle Battery Current Sensor in global, including the following market information:
Global Electric Vehicle Battery Current Sensor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electric Vehicle Battery Current Sensor Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electric Vehicle Battery Current Sensor companies in 2022 (%)
The global Electric Vehicle Battery Current Sensor market was valued at US$ 92 million in 2022 and is projected to reach US$ 272.3 million by 2029, at a CAGR of 16.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key brands of Electric Vehicle Battery Current Sensor include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental and so on. Among them, LEM Holding SA, Allegro Microsystems, LLC, Melexis NV are top 3 players who account for around 45% global revenue market share in 2019. We divide Current Sensors into Hall-Effect Current Sensors, Shunt Current Sensors and other magnetic Current Sensors. Hall-Effect Current Sensors dominated this market accounting for around 65% volume market share in 2019. Increasing adoption of hybrid and electrical vehicles among end users, owing to growing concerns regarding carbon emission is a factor expected to augment growth of the automotive segment in the global current sensor market. Asia Pacific will grow fast in the future as increasing demand of current sensors in industries such as automotive, energy, healthcare, and telecommunication in countries such as China, India, and Japan.
We surveyed the Electric Vehicle Battery Current Sensor 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 Electric Vehicle Battery Current Sensor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Current Sensor Market Segment Percentages, by Type, 2022 (%)
Hall Based Current Sensor
Shunt Based Current Sensor
Others
Global Electric Vehicle Battery Current Sensor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Current Sensor Market Segment Percentages, by Application, 2022 (%)
BEV
HEVs
PHEVs
Others
Global Electric Vehicle Battery Current Sensor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Current Sensor 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 Electric Vehicle Battery Current Sensor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Vehicle Battery Current Sensor revenues share in global market, 2022 (%)
Key companies Electric Vehicle Battery Current Sensor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electric Vehicle Battery Current Sensor 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Vehicle Battery Current Sensor, market overview.
Chapter 2: Global Electric Vehicle Battery Current Sensor market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Vehicle Battery Current Sensor 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 Electric Vehicle Battery Current Sensor 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 Electric Vehicle Battery Current Sensor 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.
