Current Sensor Market worth $4.7 billion by 2028 - Exclusive Report by MarketsandMarkets™
In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
- In 2022, the Hall-effect sensors segment held the largest share of the magnetic current sensor market and was expected to follow the trend during the forecast period.
- The digital output segment in the current sensor market is expected to grow at the highest growth rate during the forecast period.
- China held the largest market share and is expected to retain its position during the forecast period from 2023 to 2028 in the current sensor market.
- China plays a significant role in the current sensor market as it is the largest automobile manufacturer in the world.