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Data Bridge Market Research analyses that the current sensor market was valued at USD 2.3 billion in 2021 and is expected to reach USD 3.85 billion by 2029, registering a CAGR of 6.65% during the forecast period of 2022 to 2029.
Key Players Mentioned in the Current Sensor Market Research Report:
Infineon Technologies AG (Germany), Honeywell International Inc. (US), Allegro MicroSystems, LLC (US), Texas Instruments Incorporated. (US), TAMURA Corporation (Japan), TDK Corporation (Japan), LEM HOLDING SA (Switzerland), Pulse Electronics A Yageo Company (US), Eaton (Ireland), Sensitec GmbH (Germany), ICE Components, Inc. (US), Magnesensor Technology (US), KOHSHIN ELECTRIC CORPORATION (Japan), VACUUMSCHMELZE GmbH & Co. KG (Germany), Asahi Kasei Microdevices Corporation (Japan), Silicon Laboratories (US), Aceinna (US), STMicroelectronics (Switzerland), ELECTROHMS PRIVATE LIMITED (India), OMRON Corporation (Japan)
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The report uncovers important insights of the Current Sensor Integration market and includes projections with respect to revenue, industry size, and sales volumes over the study period. Additionally, the Current Sensor Integration market report provides detailed information regarding industry segmentations as well as the driving factors that will propel the profitability graph of the industry.
Based on Current Sensor Market Segmentations
Type
On the basis of type, the current sensor market is segmented into type 1 and type 2. Type 1 is further sub-segmented into open loop and closed loop. Type 2 is also segmented into isolated current sensors and non-isolated current sensors. Isolated current sensors are further sub-segmented into magnetic current sensors, opto-isolated op amp and shunt-isolated op amp. Magnetic current sensors are further bifurcated into hall effect current sensors, AMR sensors, GMR sensors, TMR sensors and fluxgate sensors. Non-isolated current sensors are further sub-segmented into current sensing amplifiers and analogue-to-digital converters.
End User Industry