Market Overview:
The global current sensor ICs 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 current sensors in various applications, such as automotive, consumer electronics, and industrial applications. In addition, the growing demand for low-noise current sensor ICs is also contributing to the growth of this market. Based on type, the global current sensor ICs market can be segmented into low-noise and standard current sensor ICs. Low-noise current sensor ICs are preferred over standard ones due to their superior noise performance characteristics. They are used in high-end applications that require accurate measurement of small currents. By application, the globalcurrent sensorICsmarket can be divided intocurrent sensors and others (including voltage regulators and power management devices). Current sensors are widely used in various end-use industries owing to their abilityto accurately measure electric currents flowing through a circuit or system .
Product Definition:
A current sensor IC is a semiconductor device that is used to measure the electric current in a circuit. These devices are important because they allow engineers to monitor and control the flow of electricity in electronic systems.
Low-Noise:
Low-noise is a term used to define the performance of an electronic device in terms of its ability to generate and detect noise. The more low-noise a device is, the better its performance will be. In current sensor ICs market, there are two types of noise that need to be tackled; thermal and electrical (electronic) noises. Thermal noises can be further classified into three different types including Rayleigh scattering, phonon emission and quantum mechanical effect (QME).
Standard:
The standard is a set of rules that defines the size, shape and material properties of components used in electronic devices. The components manufactured to comply with these standards are known as standard products or standards.
Introduction: Standard & Non-standard Product Market Size, Share & Trends Analysis Report By Application (Automotive Sensors), By Region (North America, Europe, APAC), And Segment Forecasts, 2020 - 2027 -> The global standard.
Application Insights:
The others application segment includes voltage sensors, temperature sensors and flow meters. The current sensor is widely used in electronic devices as a sensing element for the detection of electric currents. It has numerous applications including power supply design, motor drive electronics and measurement of optical signals such as radar or ultrasound beams.
Global CGS market share by application, 2016 (%) CURRENT SENSOR APPLICATIONS CAGR OF 5% FROM 2017 TO 2030 The growing demand for digital products across various end-use industries is expected to have a positive impact on the growth of the global CGS industry over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing government initiatives for the development of infrastructure and rapid industrialization in emerging economies such as China, India, and Japan. Moreover, rising demand for consumer electronics including smartphones and tablets is anticipated to drive regional market growth over the forecast period.
The Asia Pacific current sensor market was valued at USD X million in 2017 owing to high product demand from end-use industries such as energy & power, oil & gas industry, healthcare industry etc., which are based primarily in China and Japan respectively.
Growth Factors:
- Increasing demand from the automotive industry for current sensor ICs to monitor and control electric current in vehicles.
- Growing demand for energy-efficient devices, which has led to an increase in the adoption of current sensor ICs in consumer electronics products.
- Rising demand from the medical sector for implantable medical devices that use current sensor ICs to monitor and regulate electric currents flowing through patients' bodies.
- Proliferation of Internet of Things (IoT) applications, which is driving the need for low-power and small form factor current sensor ICs.
- Development of new technologies such as graphene-based sensors that are expected to boost growth prospects for the global market for Current Sensor ICs over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Current Sensor ICs Market Research Report
By Type
Low-Noise, Standard
By Application
Current Sensor, Others
By Companies
Allegro MicroSystems, LLC, Asahi Kasei Microdevices Corporation, Mouser Electronics, Questex LLC, SemiMedia, ROHM SEMICONDUCTOR, Cosemitech, Allegro MicroSystems, LLC
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Current Sensor ICs Market Report Segments:
The global Current Sensor ICs market is segmented on the basis of:
Types
Low-Noise, Standard
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
Current Sensor, Others
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:
- Allegro MicroSystems, LLC
- Asahi Kasei Microdevices Corporation
- Mouser Electronics
- Questex LLC
- SemiMedia
- ROHM SEMICONDUCTOR
- Cosemitech
- Allegro MicroSystems, LLC
Highlights of The Current Sensor ICs 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:
- Low-Noise
- Standard
- By Application:
- Current Sensor
- Others
- 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 ICs 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?
Current sensor ICs are chips that measure the current flowing through them. They are used in a variety of applications, such as electric vehicles, medical devices, and industrial equipment.
Some of the key players operating in the current sensor ics market are Allegro MicroSystems, LLC, Asahi Kasei Microdevices Corporation, Mouser Electronics, Questex LLC, SemiMedia, ROHM SEMICONDUCTOR, Cosemitech, Allegro MicroSystems, LLC.
The current sensor ics 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 ICs 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 ICs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Current Sensor ICs 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 ICs 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 ICs Market Size & Forecast, 2018-2028
4.5.1 Current Sensor ICs Market Size and Y-o-Y Growth
4.5.2 Current Sensor ICs Market Absolute $ Opportunity
Chapter 5 Global Current Sensor ICs 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 ICs Market Size Forecast by Type
5.2.1 Low-Noise
5.2.2 Standard
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Current Sensor ICs 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 ICs Market Size Forecast by Applications
6.2.1 Current Sensor
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Current Sensor ICs 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 ICs 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 ICs Analysis and Forecast
9.1 Introduction
9.2 North America Current Sensor ICs 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 ICs Market Size Forecast by Type
9.6.1 Low-Noise
9.6.2 Standard
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 ICs Market Size Forecast by Applications
9.10.1 Current Sensor
9.10.2 Others
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 ICs Analysis and Forecast
10.1 Introduction
10.2 Europe Current Sensor ICs 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 ICs Market Size Forecast by Type
10.6.1 Low-Noise
10.6.2 Standard
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 ICs Market Size Forecast by Applications
10.10.1 Current Sensor
10.10.2 Others
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 ICs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Current Sensor ICs 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 ICs Market Size Forecast by Type
11.6.1 Low-Noise
11.6.2 Standard
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 ICs Market Size Forecast by Applications
11.10.1 Current Sensor
11.10.2 Others
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 ICs Analysis and Forecast
12.1 Introduction
12.2 Latin America Current Sensor ICs 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 ICs Market Size Forecast by Type
12.6.1 Low-Noise
12.6.2 Standard
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 ICs Market Size Forecast by Applications
12.10.1 Current Sensor
12.10.2 Others
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 ICs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Current Sensor ICs 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 ICs Market Size Forecast by Type
13.6.1 Low-Noise
13.6.2 Standard
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 ICs Market Size Forecast by Applications
13.10.1 Current Sensor
13.10.2 Others
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 ICs Market: Competitive Dashboard
14.2 Global Current Sensor ICs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allegro MicroSystems, LLC
14.3.2 Asahi Kasei Microdevices Corporation
14.3.3 Mouser Electronics
14.3.4 Questex LLC
14.3.5 SemiMedia
14.3.6 ROHM SEMICONDUCTOR
14.3.7 Cosemitech
14.3.8 Allegro MicroSystems, LLC
