Market Overview:
The global AMR current sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and low-power consumption devices, rising awareness about energy conservation, and growing demand for smart grids and renewable energy sources. The global AMR current sensor market is segmented on the basis of type into closed loop AMR current sensors and open loop AMR current sensors. Closed loop AMR current sensors are more popular among end users as they provide better accuracy than open loop ones. On the basis of application, the global market is segmented into automotive, consumer electronics, industrial applications, and other applications such as medical devices, data centers etc. Among these applications, automotive sector accounts for a major share of the total market due to increasing demand for electric vehicles (EVs) across the globe.
Product Definition:
An AMR (alternating current) sensor is a device that can be used to measure the electrical current in an alternating current (AC) circuit. This type of sensor is often used in power and energy monitoring applications, as it can provide a more accurate reading of the total AC power being consumed by a system than other types of sensors.
Closed Loop AMR Current Sensor:
Closed-loop AMR current sensor is a device used to measure the amperage in an electric circuit. It is mainly used in Amperex Battery (AB) recharging and maintenance systems. The closed-loop AMR current sensor market has witnessed significant growth over the past few years owing to its increasing demand across various applications such as battery charging, motor control, load control, and switch mode power supply among others.
Open Loop AMR Current Sensor:
Open-loop AMR current sensor is a device used to measure the amperage in an electric circuit. It can be used for various applications such as detecting short circuits, measuring power factor, and determining the charge rate of a battery. An open-loop AMR current sensor has no internal resistance so it provides an accurate measurement of the real world conditions; however, there are some factors that may affect its performance such as variations in temperature and voltage across its terminals.
Application Insights:
Automotive was the largest application segment in 2017 and accounted for a market share of over 80% in terms of revenue. The growing need for safety devices that monitor the battery health is expected to drive demand from automotive applications over the forecast period. Rising consumer awareness regarding vehicle safety is also likely to fuel product demand from automotive applications.
The industrial application segment is expected to witness significant growth during the forecast period, owing to rising product adoption by major players such as Siemens AG, ABB Ltd., and Honeywell International Inc. among others in various industries such as oil & gas, power generation and transportation among others globally. Other emerging markets include consumer electronics where products are used for monitoring current flow between two points along with displaying information pertaining thereto on an LCD display screen or LED light-emitting diodes (LEDs).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing demand for advanced safety systems and growing adoption of electric vehicles. Europe accounted for a significant share in the global industry, mainly due to high demand from automotive manufacturers. Countries such as Germany, France and Italy are anticipated to drive regional growth over the coming years.
The Asia Pacific region is projected to witness lucrative growth over the forecast period owing rising disposable income coupled with increasing vehicle production levels across key countries such as China, India and Japan respectively. Furthermore, favorable government regulations aimed at reducing vehicular emissions are expected drive regional product demand during future years as well as other countries around world have started implementing similar rules & regulations pertaining their automotive industries which will further boost industry expansion in near future and propel overall revenue generation within this sector globally also ‰t timescales ahead).
Growth Factors:
- Increasing demand for miniaturized and low-power sensors in consumer electronics
- Rising demand from the automotive industry for advanced safety features
- Growing popularity of Internet of Things (IoT) and connected devices
- Proliferation of wireless sensor networks for smart buildings and cities
- Emergence of new applications such as precision agriculture and medical diagnostics
Scope Of The Report
Report Attributes
Report Details
Report Title
AMR Current Sensor Market Research Report
By Type
Closed Loop AMR Current Sensor, Open Loop AMR Current Sensor
By Application
Automotive, Consumer Electronics, Industrial Applications, Other
By Companies
Murata, Sensitec GmbH, MEMSIC, Honeywell Sensing, QST Corporation, Allegro Microsystems, TDK Micronas, Infineon Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global AMR Current Sensor Market Report Segments:
The global AMR Current Sensor market is segmented on the basis of:
Types
Closed Loop AMR Current Sensor, Open Loop AMR Current Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Consumer Electronics, Industrial Applications, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Murata
- Sensitec GmbH
- MEMSIC
- Honeywell Sensing
- QST Corporation
- Allegro Microsystems
- TDK Micronas
- Infineon Technologies
Highlights of The AMR Current Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Closed Loop AMR Current Sensor
- Open Loop AMR Current Sensor
- By Application:
- Automotive
- Consumer Electronics
- Industrial Applications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AMR Current Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The AMR Current Sensor is a component of the Automatic Motorcycle Restraint (AMR) system. The sensor monitors the current flowing through the motorcycle's electrical system and uses that information to determine if there has been an accident or if the motorcycle needs to be stopped for any other reason.
Some of the major companies in the amr current sensor market are Murata, Sensitec GmbH, MEMSIC, Honeywell Sensing, QST Corporation, Allegro Microsystems, TDK Micronas, Infineon Technologies.
The amr current sensor market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AMR Current Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AMR Current Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AMR Current Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AMR Current Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AMR Current Sensor Market Size & Forecast, 2018-2028
4.5.1 AMR Current Sensor Market Size and Y-o-Y Growth
4.5.2 AMR Current Sensor Market Absolute $ Opportunity
Chapter 5 Global AMR Current Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AMR Current Sensor Market Size Forecast by Type
5.2.1 Closed Loop AMR Current Sensor
5.2.2 Open Loop AMR Current Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AMR Current Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AMR Current Sensor Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial Applications
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AMR Current Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AMR Current Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AMR Current Sensor Analysis and Forecast
9.1 Introduction
9.2 North America AMR Current Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AMR Current Sensor Market Size Forecast by Type
9.6.1 Closed Loop AMR Current Sensor
9.6.2 Open Loop AMR Current Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AMR Current Sensor Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Industrial Applications
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AMR Current Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe AMR Current Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AMR Current Sensor Market Size Forecast by Type
10.6.1 Closed Loop AMR Current Sensor
10.6.2 Open Loop AMR Current Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AMR Current Sensor Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Industrial Applications
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AMR Current Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AMR Current Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AMR Current Sensor Market Size Forecast by Type
11.6.1 Closed Loop AMR Current Sensor
11.6.2 Open Loop AMR Current Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AMR Current Sensor Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Industrial Applications
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AMR Current Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America AMR Current Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AMR Current Sensor Market Size Forecast by Type
12.6.1 Closed Loop AMR Current Sensor
12.6.2 Open Loop AMR Current Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AMR Current Sensor Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Industrial Applications
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AMR Current Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AMR Current Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AMR Current Sensor Market Size Forecast by Type
13.6.1 Closed Loop AMR Current Sensor
13.6.2 Open Loop AMR Current Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AMR Current Sensor Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Industrial Applications
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AMR Current Sensor Market: Competitive Dashboard
14.2 Global AMR Current Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Murata
14.3.2 Sensitec GmbH
14.3.3 MEMSIC
14.3.4 Honeywell Sensing
14.3.5 QST Corporation
14.3.6 Allegro Microsystems
14.3.7 TDK Micronas
14.3.8 Infineon Technologies
