The Asia Pacific Current Sensor Market would witness market growth of 8.1% CAGR during the forecast period (2021-2027).
The growing adoption of the latest developing technologies like cloud computing and the Industrial Internet of Things has raised the demand for industrial robots in manufacturing, especially in countries like South Korea & China, which has propelled the demand for the global current sensor market. These industrial robots need current sensing applications for DC motors, circuit, and servos that calculate precise power requirement and functionality of robots. Thus, the growth of the current sensor market would be boosted by the increase in the adoption of industrial robots.
Asia-Pacific is one of the major regions because of a growing number of passenger car manufacturing and sales in several countries like Japan, South Korea, and China. The excessive use of current sensors is found in building automation, automotive, manufacturing, and energy industries. Also, the increase in the deployment of isolated current sensors for hybrid and electric vehicles is augmenting the market of the current sensors in this region.
There is a rise in awareness about growing environmental and green energy concerns in the nations of Asia-Pacific due to which power electronic applications designers are focusing on developing new products to increase efficiency. The increase in the number of initiatives taken by the regional government toward the implementation of renewable sources for power generation will further fuel the growth of the current sensor market.
The China market dominated the Asia Pacific Digital Current Sensor Market by Country 2020, thereby, achieving a market value of $81.9 million by 2027. The Japan market is showcasing a CAGR of 8.9% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 10.2% during (2021 - 2027).
Based on Type, the market is segmented into Open Loop and Close Loop. Based on Technology, the market is segmented into Hall Effect, Current Transformer, Flux Gate and Others. Based on Output Type, the market is segmented into Analog and Digital. Based on End User, the market is segmented into Industrial, Automotive, Consumer Electronics, Telecommunication and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Current Sensor Market is Projected to reach USD 2 Billion by 2027, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Melexis N.V. (Xtrion N.V.), Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.), LEM International S.A., Honeywell International, Inc., TDK Corporation, Texas Instruments, Inc., Infineon Technologies AG, Asahi Kasei Corporation, Tamura Corporation, and Aceinna, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Technology
- Hall Effect
- Current Transformer
- Flux Gate
- Others
By Output Type
By End User
- Industrial
- Automotive
- Consumer Electronics
- Telecommunication
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Melexis N.V. (Xtrion N.V.)
- Allegro Microsystems, Inc. (Sanken Electric Co., Ltd.)
- LEM International S.A.
- Honeywell International, Inc.
- TDK Corporation
- Texas Instruments, Inc.
- Infineon Technologies AG
- Asahi Kasei Corporation
- Tamura Corporation
- Aceinna, Inc.
TABLE 1 Asia Pacific Current Sensor Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Current Sensor Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Current Sensor Market
TABLE 4 Product Launches And Product Expansions– Current Sensor Market
TABLE 5 Acquisition and Mergers– Current Sensor Market
TABLE 6 Asia Pacific Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Current Sensor Open Loop Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Current Sensor Open Loop Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Current Sensor Close Loop Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Current Sensor Close Loop Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Current Sensor Hall Effect Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Current Sensor Hall Effect Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Current Sensor Current Transformer Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Current Sensor Current Transformer Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Current Sensor Flux Gate Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Current Sensor Flux Gate Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Other Technology Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Other Technology Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Analog Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Analog Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Digital Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Digital Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Industrial Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Industrial Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Automotive Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Automotive Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Consumer Electronics Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Consumer Electronics Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Telecommunication Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Telecommunication Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Others Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Others Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 42 China Current Sensor Market, 2017 - 2020, USD Million
TABLE 43 China Current Sensor Market, 2021 - 2027, USD Million
TABLE 44 China Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 45 China Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 46 China Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 47 China Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 48 China Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 49 China Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 50 China Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 51 China Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 52 Japan Current Sensor Market, 2017 - 2020, USD Million
TABLE 53 Japan Current Sensor Market, 2021 - 2027, USD Million
TABLE 54 Japan Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 55 Japan Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 56 Japan Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 57 Japan Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 58 Japan Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 59 Japan Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 60 Japan Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 61 Japan Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 62 India Current Sensor Market, 2017 - 2020, USD Million
TABLE 63 India Current Sensor Market, 2021 - 2027, USD Million
TABLE 64 India Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 65 India Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 66 India Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 67 India Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 68 India Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 69 India Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 70 India Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 71 India Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 72 South Korea Current Sensor Market, 2017 - 2020, USD Million
TABLE 73 South Korea Current Sensor Market, 2021 - 2027, USD Million
TABLE 74 South Korea Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 75 South Korea Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 76 South Korea Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 77 South Korea Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 78 South Korea Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 79 South Korea Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 80 South Korea Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 81 South Korea Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 82 Singapore Current Sensor Market, 2017 - 2020, USD Million
TABLE 83 Singapore Current Sensor Market, 2021 - 2027, USD Million
TABLE 84 Singapore Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 85 Singapore Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 86 Singapore Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 87 Singapore Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 88 Singapore Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 89 Singapore Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 90 Singapore Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 91 Singapore Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 92 Malaysia Current Sensor Market, 2017 - 2020, USD Million
TABLE 93 Malaysia Current Sensor Market, 2021 - 2027, USD Million
TABLE 94 Malaysia Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 95 Malaysia Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 96 Malaysia Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 97 Malaysia Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 98 Malaysia Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 99 Malaysia Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 100 Malaysia Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 101 Malaysia Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 102 Rest of Asia Pacific Current Sensor Market, 2017 - 2020, USD Million
TABLE 103 Rest of Asia Pacific Current Sensor Market, 2021 - 2027, USD Million
TABLE 104 Rest of Asia Pacific Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 105 Rest of Asia Pacific Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 106 Rest of Asia Pacific Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 107 Rest of Asia Pacific Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 108 Rest of Asia Pacific Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 109 Rest of Asia Pacific Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 110 Rest of Asia Pacific Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of Asia Pacific Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 112 Key Information – Melexis N.V.
TABLE 113 Key Information – Allegro Microsystems, Inc.
TABLE 114 Key Information – Lem international S.A.
TABLE 115 Key information – Honeywell International, Inc.
TABLE 116 key information – TDK Corporation
TABLE 117 Key Information – Texas Instruments, Inc.
TABLE 118 Key Information – Infineon Technologies AG
TABLE 119 Key Information – Asahi Kasei Corporation
TABLE 120 Key Information – Tamura Corporation
TABLE 121 Key Information – ACEINNA, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Mar – 2021, Jul) Leading Players
FIG 5 Recent Strategies and Developments: Allegro Microsystems, Inc.
FIG 6 Swot analysis: Honeywell international, inc.
FIG 7 Recent Strategies and Developments: TDK Corporation
FIG 8 Swot analsysis: tdk corporation
FIG 9 SWOT Analysis: Texas Instruments, Inc.
FIG 10 Recent Strategies and Developments: Infineon Technologies AG
FIG 11 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 12 rECENT sTRATEGIES AND dEVELOPMENTS: Aceinna, Inc.