1. Market Research
  2. > Manufacturing
  3. > Electronics Manufacturing Market Trends
Hall-Effect Current Sensor Market by Type, Technology, Output, Industry And Region - Global Forecast to 2023

Hall-Effect Current Sensor Market: Global Forecast until 2023

  • September 2017
  • 148 pages
  • ID: 5117899
In this report:
The Hall-Effect current sensor market in emerging economies such as China, India, South Korea, and Japan is expected to grow at the highest rate with the rising need for power management in these countries, while the Hall-Effect current sensor market in the North America is expected to grow at a CAGR of ##.##% between 2017 and 2023, to reach USD ##.## million by 2023 from USD ##.## million in 2017.

Summary

Table of Contents

Search Inside

"Hall-Effect current sensor market intended to grow at a significant rate between 2017 and 2023"

The Hall-Effect current sensor market is anticipated to increase at a compound annual growth rate (CAGR) of 8.40 percent between 2017 and 2023 and would be worth $1473.70M by 2023. The main key factors driving the increase of the Hall-Effect current sensor market are the development strategies implemented by the actors operating in the Hall-Effect current sensors, including contracts and strategic agreements, product developments, alliances, and business developments; increasing demand for intelligent Hall-Effect sensors, continuous technological advancements in Hall-Effect current sensors, increasing use of fully integrated and programmable current sensors, and advantage of galvanic isolation-based Hall-Effect current sensors. Nevertheless, the main restraining factors for the increase of this market are demand for low-cost Hall-Effect current sensors.

"Open-loop current sensor projected to hold a larger share of the Hall-Effect current sensor market during the estimate period"

The open-loop current sensor is intended to hold a larger share of the global Hall-Effect current sensor market according to its applications in the automotive sector for current control, protection of devices from overcurrent, and power management applications including control of motor drives, converter control, overcurrent protection, and battery management. Furthermore, the industry demand for open-loop current sensors has increased due to its features containing compact size, AC/DC and impulse current measurement, low power consumption, big primary aperture, and high level of electric isolation between primary and secondary circuits.

"Industrial automation sector forecasted to hold the most important share of the global Hall-Effect current sensor market in 2017"

The increasing need for current measurement has created a demand for Hall-Effect current sensors. In sectors, current sensors are used in in solar inverters, solar panel tracking, motor current sensing, robots, machinery, conveyor belts, escalators, moving cranes, and even in smart metering. In numerous brushless DC motors, sensors are used where changing loads need to be monitored and managed. Owing to these applications, the industrial automation market is forecasted to hold the biggest share of the global Hall-Effect current sensor market.

"Hall-Effect current sensor market in Asia-Pac forecasted to grow at the highest level rate during the outlook period"

The Hall-Effect current sensor market in Asia Pacific (APAC) is anticipated to rise at the quickest rate between 2017 and 2023. The Hall-Effect current sensor market in emerging economies including China, India (IN), South Korea (KR), and Japan (JP) is anticipated to grow at the maximal rate with the growing need for power management and increasing applications in the automotive, industrial automation, and consumer electronics industries. China (CN), Japan (JP), and South Korea (KR) are the main countries driving the increase of the Hall-Effect current sensor market in Asia-Pacific. The governments of these countries are encouraging investments from foreign players primarily in the industrial automation, automotive, and consumer electronics industries.

The break-up of the profiles of primary members taking part for the analysis has been provided below.

• By Organization: Tier 1 - 45.0 percent, Tier 2 - 30.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite executives - 40%and Managers - 60.0 percent

• By Area: Americas - 30.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 35.0 percent, and rest of the world - 15%.

The top players operating in the Hall-Effect current sensor market ABB Ltd, Honeywell International, Incorporated, STMicroelectronics N.V., Allegro MicroSystems LLC, Asahi Kasei Microdevice Corporation, Infineon Technologies AG, Melexis NV, LEM Holding SA, TDK Corporation, and Kohshin Electric Corporation, VACUUMSCHMELZE GmbH & Co. KG, American Aerospace Controls, ELECTROHMS PRIVATE LIMITED, KOHSHIN ELECTRIC CORPORATION, NK Technologies, Pulse Electronics, NXP Semiconductors, HARTING Technology Group, Telcon Ltd, Magnesensor Technology, Vishay Intertechnology, Incorporated, and Measurlogic, Incorporated.

Segment Research

In this market research, the Hall-Effect current sensor market is split on the basis of output, technology, category, sector, and territory. The industry has been divided on the basis of category into open-loop current sensor and closed-loop current sensor. Established on technology, the Hall-Effect current sensor market has been categorized into BiCMOS and CMOS technology. Established on output, the sector has been categorized into linear and threshold output current sensor. The industry has been broken down by market into industrial automation, automotive, consumer electronics, aerospace & defense, medical, railways, telecommunication, and utilities.

Main highlights

Figures of segmentation, review, and estimate for the sector established on category, technology, output, market, and area have been provided to present an global view of the Hall-Effect current sensor market.

The value chain study is provided for exhaustive insight into the Hall-Effect current sensor market.

The main drivers, market restraints, alternatives, and opportunities for the Hall-Effect current sensor market have been precised in this industry report.

The market research includes an exhaustive competitive analysis, detailed DIVE review, and revenue of the main actors.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Pressure Sensor Market by Product, Technology, Application and Geography - Global Forecast to 2023

Pressure Sensor Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

“Pressure sensor market expected to grow at a significant rate between 2017 and 2023”The pressure sensor market is expected to grow at a CAGR of 5.27% between 2017 and 2023 and would be worth USD 8.30 ...

Global Industrial Smart Sensors Market 2017-2021

Industrial Smart Sensors Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • September 2017
  • by Infiniti Research Limited

About Industrial Smart SensorsSmart sensors are used for sensing environmental factors like temperature, pressure, and humidity. Industrial smart sensors are ruggedized and suitable for an industrial setup, ...

Magnetic Field Sensor Market by Type, SQUID, Fluxgate)), Range, Application, End-User Industry, Geography - Global Forecast to 2023

Magnetic Field Sensor Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

Magnetic field sensor market estimated to grow at a CAGR of 8.77% between 2017 and 2023The overall magnetic field sensor market is expected to be valued at USD 5.37 billion by 2023, growing at a CAGR of ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.