Garnering a CAGR of 10.4% from 2022 to 2028, the global electrical current sensors market is projected to reach worth of USD 5,829 million by 2028-end, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the technology, end user, and region. The global market data on electrical current sensors can be segmented by technology: hall effect current sensors, fiber-optic current sensors, rogowski coil current sensors, fluxgate current sensors, others. The hall effect current sensors segment held the largest share of the global electrical current sensors market in 2021 and is anticipated to hold its share during the forecast period. Electrical current sensors market is further segmented by end user: automotive, building and construction, consumer electronics, machinery, medical, process manufacturing, shipping and aircraft, others. Based on region, the electrical current sensors market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific was the largest contributor to the global electrical current sensors market in 2021.
The global electrical current sensors market is highly competitive. Top players covered in Global Electrical Current Sensors Market Study are Allegro MicroSystems LLC, Honeywell International Inc., Infineon Technologies AG, Melexis N.V., Nippon Ceramic Co. Ltd., Optek Technology Inc., Pulse Electronics Corporation, TDK Corporation, Texas Instruments Incorporated, Vishay Precision Group Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 10.4% |
| Pages | 21 |
| Key Players | Allegro MicroSystems LLC, Honeywell International Inc., Infineon Technologies AG, Melexis N.V., Nippon Ceramic Co. Ltd., Optek Technology Inc., Pulse Electronics Corporation, TDK Corporation, Texas Instruments Incorporated, Vishay Precision Group Inc. |
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