Global Current Transducer Market Size & Outlook, 2023-2030
Global current transducer market, 2018-2030 (US$M)
Global current transducer market highlights
- The global current transducer market generated a revenue of USD 683.7 million in 2023 and is expected to reach USD 856.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.3% by 2030.
- In terms of segment, direct current sensing accounted for a revenue of USD 683.7 million in 2023.
- Direct Current Sensing is the most lucrative current sensing method segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 683.7 million |
| Market revenue in 2030 | USD 856.6 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Direct current sensing |
| Fastest growing segment | Direct Current Sensing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Direct Current Sensing |
Other key industry trends
- In terms of revenue, the North America accounted for 27.0% of the global current transducer market in 2023.
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Current Transducer Market Scope
Current Transducer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global current transducer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to current transducer market will help companies and investors design strategic landscapes.
Direct current sensing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global current transducer market based on direct current sensing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Current Transducer Current Sensing Method Outlook (Revenue, USD Million, 2018-2030)
- Direct Current Sensing
- In-Direct Current Sensing
- Global Current Transducer Loop Type Outlook (Revenue, USD Million, 2018-2030)
- Open Loop
- Closed Loop
- Global Current Transducer Technology Outlook (Revenue, USD Million, 2018-2030)
- Isolated Current Sensors
- Non-Isolated Current Sensors
- Global Current Transducer Output Outlook (Revenue, USD Million, 2018-2030)
- Analog
- Digital
- Global Current Transducer End User Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Consumer Electronics
- Telecom & Networking
- Healthcare
- Energy & Power
- Others (Aerospace & Defense, Railways, Building Automation)
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Target buyers of Global current transducer market databook
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Our clientele includes a mix of current transducer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global current transducer market , including forecasts for subscribers. This global databook contains high-level insights into Global current transducer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global current transducer market size, by regions, 2018-2030 (US$M)
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