Hall-Effect Current Sensors - Global $1.77 Billion Market Outlook to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Hall-Effect Current Sensor - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Hall-Effect Current Sensor market accounted for $750.7 million in 2017 and is expected to reach $1,771.68 million by 2026 growing at a CAGR of 10.1%.
Factors such as increasing demand for intelligent hall-effect sensors, rising need for programmable and integrated sensors, continuous improvements in galvanic isolation-based hall-effect current sensors are some of the factors fuelling the market.
Moreover, increasing use of energy management towards rapid urbanization and industrialization and Hall Effect sensors showing potential benefits in automotive industry are some of the opportunities during the forecast period.
However, huge manufacturing cost of these sensors and rising demand for less expensive hall-effect current sensors are hampering the growth of the market.
Among technologies, BiCMOS technology has acquired highest market share and the growth of this segment can be attributed to various advantages which include huge power dissipation and low input density. The demand for hall-effect current sensors in automotive industry is growing rapidly as these sensors help in defending devices from over current and controls current in hybrid as well as in electric vehicles.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Forces Analysis
5 Global Hall-Effect Current Sensor Market, By Technology
6 Global Hall-Effect Current Sensor Market, By Type
7 Global Hall-Effect Current Sensor Market, By Output
8 Global Hall-Effect Current Sensor Market, By End-User
9 Global Hall-Effect Current Sensor Market, By Geography
10 Key Developments
11 Company ProfilingSTMicroelectronics N.V. Honeywell International Inc. ABB Ltd. Melexis N.V. Allegro MicroSystems LLC (Sanken Electric Co. Ltd.) Infineon Technologies AG TDK Corporation Asahi Kasei Microdevices Corporation Kohshin Electric Corporation LEM Holding SA Electrohms Pvt Ltd. Vacuumschmelze GmbH & Co. KG Pulse Electronics Corporation Magnesensor Technology (MST) American Aerospace Controls
For more information about this report visit https://www.researchandmarkets.com/research/tpq336/halleffect?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005813/en/
Laura Wood, Senior Manager
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/30/2018 03:59 PM/DISC: 08/30/2018 03:59 PM