The Latin America, Middle East and Africa Current Sensor Market would witness market growth of 10.1% CAGR during the forecast period (2021-2027).
In this region, Brazil is estimated to gain popularity in the demand for the current sensor market in the upcoming years. This is attributed to the presence of various factors like surging demand for high performance sensors, low-cost & reliable sensors, process automation, industrialization, and technological advancements. Also, the key factor for the rise in the demand for these sensors is that it is an energy-saving device.
In addition, Saudi Arabia would also witness lucrative growth opportunities as there are improvements in the technology, which led to the emergence of small-size sensors with reliability and optimal performance. Furthermore, the presence of small sensors that helps in decreasing the cost extremely is bolstering the market growth. These factors are expected to accelerate the growth of the global current sensor market during the forecast period. In contrast, the regional current sensor market is also facing some challenges like a lack of awareness about the benefits and features of these smart sensors.
The Brazil market dominated the LAMEA Consumer Electronics Current Sensor Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $10.5 million by 2027. The Argentina market would witness a CAGR of 11.3% during (2021 - 2027). Additionally, The UAE market is showcasing a CAGR of 10.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Current Sensor Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Current Sensor Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Current Sensor Open Loop Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Current Sensor Open Loop Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Current Sensor Close Loop Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Current Sensor Close Loop Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 13 LAMEA Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 14 LAMEA Current Sensor Hall Effect Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Current Sensor Hall Effect Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Current Sensor Current Transformer Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Current Sensor Current Transformer Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Current Sensor Flux Gate Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Current Sensor Flux Gate Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Other Technology Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Other Technology Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 23 LAMEA Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 24 LAMEA Analog Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Analog Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Digital Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Digital Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 29 LAMEA Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 30 LAMEA Industrial Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Industrial Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Automotive Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Automotive Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Consumer Electronics Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Consumer Electronics Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Telecommunication Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Telecommunication Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Others Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Others Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Current Sensor Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Current Sensor Market by Country, 2021 - 2027, USD Million
TABLE 42 Brazil Current Sensor Market, 2017 - 2020, USD Million
TABLE 43 Brazil Current Sensor Market, 2021 - 2027, USD Million
TABLE 44 Brazil Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 45 Brazil Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 46 Brazil Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 47 Brazil Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 48 Brazil Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 49 Brazil Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 50 Brazil Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 51 Brazil Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 52 Argentina Current Sensor Market, 2017 - 2020, USD Million
TABLE 53 Argentina Current Sensor Market, 2021 - 2027, USD Million
TABLE 54 Argentina Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 55 Argentina Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 56 Argentina Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 57 Argentina Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 58 Argentina Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 59 Argentina Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 60 Argentina Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 61 Argentina Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 62 UAE Current Sensor Market, 2017 - 2020, USD Million
TABLE 63 UAE Current Sensor Market, 2021 - 2027, USD Million
TABLE 64 UAE Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 65 UAE Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 66 UAE Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 67 UAE Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 68 UAE Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 69 UAE Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 70 UAE Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 71 UAE Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 72 Saudi Arabia Current Sensor Market, 2017 - 2020, USD Million
TABLE 73 Saudi Arabia Current Sensor Market, 2021 - 2027, USD Million
TABLE 74 Saudi Arabia Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 75 Saudi Arabia Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 76 Saudi Arabia Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 77 Saudi Arabia Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 80 Saudi Arabia Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 81 Saudi Arabia Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 82 South Africa Current Sensor Market, 2017 - 2020, USD Million
TABLE 83 South Africa Current Sensor Market, 2021 - 2027, USD Million
TABLE 84 South Africa Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 85 South Africa Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 86 South Africa Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 87 South Africa Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 88 South Africa Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 89 South Africa Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 90 South Africa Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 91 South Africa Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 92 Nigeria Current Sensor Market, 2017 - 2020, USD Million
TABLE 93 Nigeria Current Sensor Market, 2021 - 2027, USD Million
TABLE 94 Nigeria Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 95 Nigeria Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 96 Nigeria Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 97 Nigeria Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 98 Nigeria Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 99 Nigeria Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 100 Nigeria Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 101 Nigeria Current Sensor Market by End User, 2021 - 2027, USD Million
TABLE 102 Rest of LAMEA Current Sensor Market, 2017 - 2020, USD Million
TABLE 103 Rest of LAMEA Current Sensor Market, 2021 - 2027, USD Million
TABLE 104 Rest of LAMEA Current Sensor Market by Type, 2017 - 2020, USD Million
TABLE 105 Rest of LAMEA Current Sensor Market by Type, 2021 - 2027, USD Million
TABLE 106 Rest of LAMEA Current Sensor Market by Technology, 2017 - 2020, USD Million
TABLE 107 Rest of LAMEA Current Sensor Market by Technology, 2021 - 2027, USD Million
TABLE 108 Rest of LAMEA Current Sensor Market by Output Type, 2017 - 2020, USD Million
TABLE 109 Rest of LAMEA Current Sensor Market by Output Type, 2021 - 2027, USD Million
TABLE 110 Rest of LAMEA Current Sensor Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of LAMEA 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.