Market Overview:
The global current sensor for BMS market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for electric vehicles (BEVs, HEVs, and PHEVs) across the globe. Additionally, rising awareness about energy efficiency is also propelling the growth of this market. Hall-based current sensors are expected to hold a major share of the global current sensor for BMS market during the forecast period. This can be attributed to their high accuracy and reliability in detecting currents.
Product Definition:
A current sensor is a device used to measure the electric current in a circuit. The importance of a current sensor for battery management systems (BMS) is that it allows the BMS to track the state of charge and health of the battery pack.
Hall Based Current Sensor:
A hall based current sensor is a device used to measure the current in an electric circuit. It consists of two conductors, one of which is always connected to the positive terminal and other to negative terminal of the circuit under test. As soon as any fluctuation occurs in this conductor, a magnetic field appears between these two conductors due to change in electric potential and this causes variations in voltage across the sensing element (coil).
Shunt Based Current Sensor:
Shunt based current sensor is a device used to measure the current in an electric circuit. It works by creating a magnetic field and detecting the changes in this field that are caused by the flow of electric charge. The advantages of using shunt based current sensors include low cost, small size, immunity to electromagnetic interference (EMI), and high accuracy making it suitable for use in applications such as automotive fuel injection systems and medical equipment where high precision is required.
Application Insights:
The battery electric vehicles segment dominated the global current sensor for BMS market in terms of revenue share in 2017. The increasing production of electric vehicles in various countries such as China, Japan, and the U.S. is expected to drive the demand for BMS with a current sensor over the forecast period. For instance, Tesla¢â‚¬â„¢s Model-Y will have a dual motor powertrain which consists of an electric motor and gearbox with integrated planetary transmission system and single rear wheel drive platform.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The region has been witnessing a growing adoption of electric vehicles, which in turn, is expected to drive the demand for BMS across several applications. Furthermore, rising investments by governments of various countries coupled with favorable regulatory policies are likely to boost market growth over the coming years.
North America and Europe regions together accounted for more than 50% of global current sensor for bms market share in 2017 owing to early technology adoption by major automotive manufacturers such as Tesla Motors Inc., BMW AG, Ford Motor Company and Volkswagen Group.
Growth Factors:
- Increasing demand for electric vehicles
- Growing awareness about the benefits of using battery management systems
- Proliferation of smart devices and the Internet of Things (IoT)
- Rising demand for energy-efficient and green technologies
- Growing popularity of wireless charging
Scope Of The Report
Report Attributes
Report Details
Report Title
Current Sensor for BMS Market Research Report
By Type
Hall Based Current Sensor, Shunt Based Current Sensor, Other Magnetic Current Sensor
By Application
BEV, HEVs, PHEVs
By Companies
LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Current Sensor for BMS Market Report Segments:
The global Current Sensor for BMS market is segmented on the basis of:
Types
Hall Based Current Sensor, Shunt Based Current Sensor, Other Magnetic 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
BEV, HEVs, PHEVs
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:
- LEM Holding SA
- Allegro Microsystems, LLC
- Melexis NV
- TDK Micronas
- Honeywell International Inc.
- Robert Bosch GmbH
- DENSO
- Continental
Highlights of The Current Sensor for BMS 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:
- Hall Based Current Sensor
- Shunt Based Current Sensor
- Other Magnetic Current Sensor
- By Application:
- BEV
- HEVs
- PHEVs
- 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 Current Sensor for BMS 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A current sensor is a device that measures the current flowing through it. This information can be used to determine the health of an electrical component, such as a battery or motor.
Some of the major companies in the current sensor for bms market are LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental.
The current sensor for bms market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Current Sensor for BMS 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 Current Sensor for BMS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Current Sensor for BMS 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 Current Sensor for BMS 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 Current Sensor for BMS Market Size & Forecast, 2018-2028
4.5.1 Current Sensor for BMS Market Size and Y-o-Y Growth
4.5.2 Current Sensor for BMS Market Absolute $ Opportunity
Chapter 5 Global Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Type
5.2.1 Hall Based Current Sensor
5.2.2 Shunt Based Current Sensor
5.2.3 Other Magnetic Current Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Applications
6.2.1 BEV
6.2.2 HEVs
6.2.3 PHEVs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Current Sensor for BMS 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 Current Sensor for BMS 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 Current Sensor for BMS Analysis and Forecast
9.1 Introduction
9.2 North America Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Type
9.6.1 Hall Based Current Sensor
9.6.2 Shunt Based Current Sensor
9.6.3 Other Magnetic 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 Current Sensor for BMS Market Size Forecast by Applications
9.10.1 BEV
9.10.2 HEVs
9.10.3 PHEVs
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 Current Sensor for BMS Analysis and Forecast
10.1 Introduction
10.2 Europe Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Type
10.6.1 Hall Based Current Sensor
10.6.2 Shunt Based Current Sensor
10.6.3 Other Magnetic 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 Current Sensor for BMS Market Size Forecast by Applications
10.10.1 BEV
10.10.2 HEVs
10.10.3 PHEVs
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 Current Sensor for BMS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Type
11.6.1 Hall Based Current Sensor
11.6.2 Shunt Based Current Sensor
11.6.3 Other Magnetic 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 Current Sensor for BMS Market Size Forecast by Applications
11.10.1 BEV
11.10.2 HEVs
11.10.3 PHEVs
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 Current Sensor for BMS Analysis and Forecast
12.1 Introduction
12.2 Latin America Current Sensor for BMS 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 Current Sensor for BMS Market Size Forecast by Type
12.6.1 Hall Based Current Sensor
12.6.2 Shunt Based Current Sensor
12.6.3 Other Magnetic 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 Current Sensor for BMS Market Size Forecast by Applications
12.10.1 BEV
12.10.2 HEVs
12.10.3 PHEVs
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) Current Sensor for BMS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Current Sensor for BMS 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) Current Sensor for BMS Market Size Forecast by Type
13.6.1 Hall Based Current Sensor
13.6.2 Shunt Based Current Sensor
13.6.3 Other Magnetic 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) Current Sensor for BMS Market Size Forecast by Applications
13.10.1 BEV
13.10.2 HEVs
13.10.3 PHEVs
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 Current Sensor for BMS Market: Competitive Dashboard
14.2 Global Current Sensor for BMS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LEM Holding SA
14.3.2 Allegro Microsystems, LLC
14.3.3 Melexis NV
14.3.4 TDK Micronas
14.3.5 Honeywell International Inc.
14.3.6 Robert Bosch GmbH
14.3.7 DENSO
14.3.8 Continental
