Latin America Current Transducer Market Size & Outlook

The current transducer market in Latin America is expected to reach a projected revenue of US$ 58.7 million by 2030. A compound annual growth rate of 3.3% is expected of Latin America current transducer market from 2024 to 2030.
Revenue, 2023 (US$M)
$46.7
Forecast, 2030 (US$M)
$58.7
CAGR, 2024 - 2030
3.3%
Report Coverage
Latin America

Latin America current transducer market, 2018-2030 (US$M)

Latin

Latin America current transducer market highlights

  • The Latin America current transducer market generated a revenue of USD 46.7 million in 2023.
  • The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
  • In terms of segment, direct current sensing was the largest revenue generating current sensing method in 2023.
  • Direct Current Sensing is the most lucrative current sensing method segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 46.7 million
Market revenue in 2030USD 58.7 million
Growth rate3.3% (CAGR from 2023 to 2030)
Largest segmentDirect current sensing
Fastest growing segmentDirect Current Sensing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDirect Current Sensing
Key market players worldwideAsahi Kasei Corp, Infineon Technologies AG, Allegro Microsystems Inc Ordinary Shares, Melexis, TDK Corp, ACEINNA, Honeywell International Inc, Tamura Corporation, Texas Instruments Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.8% of the global current transducer market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 374.7 million by 2030.

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Current Transducer Market Scope

Current transducer market segmentation & scope
Loop Type
Open Loop
Closed Loop
Technology
Isolated Current Sensors
Non-Isolated Current Sensors
Output
Analog
Digital
End User
Automotive
Consumer Electronics
Telecom & Networking
Healthcare
Energy & Power
Others (Aerospace & Defense, Railways, Building Automation)
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Russia

Current Transducer Market Companies

Name Profile # Employees HQ Website

Latin America 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 Latin America current transducer market based on direct current sensing covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of current transducer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America current transducer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America current transducer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America current transducer market

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