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Current Sense Amplifier Market Global Analysis, Segments, Size, Share, Industry Growth and Recent Trends by Forecast to 2027


Current Sense Amplif

iCrowdNewswire   Jan 6, 2021  6:28 PM ET

The Global Current Sense Amplifier Market is projected to reach USD 4.65 billion by 2027. The market is driven by the growing trend of compact sizing factors in IoT system end-use applications, coupled with increased demand for small voltage amplification to provide high bandwidth in the presence of large common-mode voltage. The need for real-time overcurrent safety, current metering and monitoring for closed-loop feedback and power monitoring facilities will also drive market growth. EV OEMs would significantly implement any technology that improves the overall efficiency of electric vehicles, including battery management system (BMS), traction inverters, on-board chargers, and current measurement & precision management, among others. In high-voltage subsystems, current sensing amplifiers are used to measure broad currents at the high common-mode voltage and to measure high output even in harsh environments for both heavy-duty vehicles and even 2-wheelers.

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The usability of power and current sensing amplifiers has been enhanced by the demand for high power efficiency, communication accuracy, and strict linearity.

The Asia Pacific region has a leading customer base and holds a large share of the industry. During the forecast period, this region is also expected to report the highest growth as a huge increase in demand for IoT devices and growing acceptance of electric vehicles. Some of the prominent countries to have renowned producers on the market are China, Taiwan and South Korea.

Due to the strong consumer focus on the high-performing & flagship IoT devices, especially in the U.S. and Canada, North America is projected to rise at a CAGR of 13.2% over the period 2020 to 2027. In order to increase market penetration, the presence of major players in the region has played a significant role.

Europe is a buyer in this segment and is estimated to hold a 22.6% market share by 2027. Countries such as Norway, Germany and the United Kingdom, among others, are gradually seeing a new market footprint year on year due to higher electric vehicle penetration.

Key participants include

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For the purpose of this report, Reports and Data has segmented the global current sense amplifier market on the basis of type, technology, current flow, end-use vertical, and region:

Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017-2027)

Technology Outlook (Revenue: USD Billion; Volume: Million Units; 2017-2027)

Current Flow Outlook (Revenue: USD Billion; Volume: Million Units; 2017-2027)

End-Use Vertical Outlook (Revenue: USD Billion; Volume: Million Units; 2017-2027)

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Regional Outlook (Revenue: USD Billion; Volume: Million Units; 2017-2027)

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