Global Industrial Current Sensor Market 2017-2021

  • ID: 4335661
  • Report
  • Region: Global
  • 78 pages
  • TechNavio
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FEATURED COMPANIES

  • Allegro MicroSystems
  • DENT Instruments
  • Eaton
  • Honeywell
  • Infineon Technologies
  • J&D
  • MORE
About Industrial Current Sensor

Current sensors can read determine the type of current that is AC or DC, after which they generate analog or digital signals. Current sensors detect and convert an electric current to an output voltage that can easily be measured. Current sensors work on two current levels that are AC and DC. The current sensing process through DC involves measuring the drop in voltage, which is associated with the current passing through passive electrical components. While in AC, the measurement of the magnetic field surrounding the conductor takes place through which the AC current passes. These are the two most basic principles on which the current sensors.

The analysts forecast the global industrial current sensor market to grow at a CAGR of 9.58% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial current sensor market for 2017-2021. To calculate the market size, the report considers the new installations, sales, replacement, retrofit and services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Current Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Honeywell
  • Infineon Technologies
  • Eaton
  • Allegro MicroSystems
Other prominent vendors
  • Shenzhen Socan Technology
  • Pewatron
  • VACUUMSCHMELZE
  • VPInstruments
  • DENT Instruments
  • J&D
Market drivers
  • Current sensors are easy to integrate with existing applications
  • For a full, detailed list, view the full report
Market challenges
  • Connectivity challenges of current sensors
  • For a full, detailed list, view the full report
Market trends
  • Rising adoption of IIoT
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Allegro MicroSystems
  • DENT Instruments
  • Eaton
  • Honeywell
  • Infineon Technologies
  • J&D
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market overview
  • Global industrial current sensor market by power industry
  • Global industrial current sensor market by electronics and telecommunication industry
  • Global industrial current sensor market by automotive industry
PART 07: Market segmentation by product type
  • Market overview
  • Global industrial current sensor market by closed-loop current sensors
  • Global industrial current sensor market by open-loop current sensors
PART 08: Market segmentation by technology
  • Market overview
  • Global industrial current sensor market by hall-effect technology
  • Global industrial current sensor market by inductive technology
PART 09: Geographical segmentation
  • Market overview
  • Industrial current sensor market in APAC
  • Industrial current sensor market in Americas
  • Industrial current sensor market in EMEA
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Rising adoption of IIoT
  • One sensor for many applications
  • Remote sensing capability
PART 13: Vendor landscape
  • Competitive overview
  • Other prominent vendors
PART 14: Key vendor analysis
  • Honeywell
  • Infineon Technologies
  • Eaton
  • Allegro MicroSystems
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Advantages of current sensors
Exhibit 02: Specifications of current sensors
Exhibit 03: Advantages of sensors over conventional current measuring devices
Exhibit 04: Segmentation of global industrial current sensor market
Exhibit 05: Techno-economic factors affecting global industrial current sensor market
Exhibit 06: Global industrial current sensor market 2016-2021 ($ millions)
Exhibit 07: Five forces analysis
Exhibit 08: Global industrial current sensor market by application 2016 and 2021 (% revenue)
Exhibit 09: Global industrial current sensor market in power industry 2016-2021 ($ millions)
Exhibit 10: Global industrial current sensor market by electronics and telecommunication industry 2016-2021 ($ millions)
Exhibit 11: Applications of current sensors in electronics industry
Exhibit 12: Global industrial current sensor market in automotive industry 2016-2021 ($ millions)
Exhibit 13: Global industrial current sensor market by product type 2016 and 2021 (% revenue)
Exhibit 14: Global industrial current sensor market by closed-loop current sensors 2016-2021 ($ millions)
Exhibit 15: Advantages of closed-loop sensors
Exhibit 16: Global industrial current sensor market by open-loop current sensors 2016-2021 ($ millions)
Exhibit 17: Features of open-loop current sensors
Exhibit 18: Advantages of open-loop current sensors
Exhibit 19: Global industrial current sensor market by technology 2016 and 2021 (% revenue)
Exhibit 20: Global industrial current sensor market by hall-effect technology 2016-2021 ($ millions)
Exhibit 21: Features of hall-effect technology
Exhibit 22: Global industrial current sensor market by inductive technology 2016-2021 ($ millions)
Exhibit 23: Global industrial current sensor market by geography 2016 and 2021 (% revenue)
Exhibit 24: Adoption rate of industrial current sensors
Exhibit 25: Industrial current sensor market in APAC 2016-2021 ($ millions)
Exhibit 26: Upcoming development projects in APAC
Exhibit 27: Industrial current sensor market in Americas 2016-2021 ($ millions)
Exhibit 28: Upcoming development projects in Americas
Exhibit 29: Industrial current sensor market in EMEA 2016-2021 ($ millions)
Exhibit 30: Upcoming development projects in EMEA
Exhibit 31: Types of mounting techniques for current sensors
Exhibit 32: Other prominent vendors
Exhibit 33: Types of Honeywell industrial current sensors
Exhibit 34: Honeywell: Product portfolio
Exhibit 35: Honeywell: Recent developments
Exhibit 36: Infineon Technologies: Product portfolio
Exhibit 37: Infineon Technologies: Recent developments
Exhibit 38: Eaton: Product portfolio
Exhibit 39: Eaton: Recent developments
Exhibit 40: Allegro MicroSystems: Product portfolio
Exhibit 41: Allegro MicroSystems: Recent developments
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FEATURED COMPANIES

  • Allegro MicroSystems
  • DENT Instruments
  • Eaton
  • Honeywell
  • Infineon Technologies
  • J&D
  • MORE
New Report Released: - Global Industrial Current Sensor Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial current sensor market: Honeywell, Infineon Technologies, Eaton, and Allegro MicroSystems.

Other Prominent Vendors in the market are: Shenzhen Socan Technology, Pewatron, VACUUMSCHMELZE, VPInstruments, DENT Instruments, and J&D.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Rising adoption of IIoT. The IIoT enables a large number of sensors to get connected to the overall industrial facility through the cloud technology. With the help of the IIoT, many current sensors that are deployed in different points within an industry can be integrated as one unit, as the response generated by each sensor is obtained at one place. Through smart current sensors, applications carried out in harsh atmospheres can be analyzed properly to derive meaningful information. Smart sensors enable operations to be carried out with less downtime, they minimize the lead-time, reduce inventory level, and enable better efficiency in processes.”

According to the report, one of the major drivers for this market is Current sensors are easy to integrate with existing applications. Current sensors are small and easy to integrate into equipment. Industries do not need any additional devices to measure current if they have deployed current sensors. These sensors are sufficient to calculate and regulate current efficiently. Therefore, there is no additional space required for mounting many devices on an equipment. Without changing the existing infrastructure, these sensors can also be mounted easily on an equipment placed in remote areas of industries. Current sensors are easily switchable from one version to another. This makes it convenient for end-users to retain their existing infrastructure or processes and accommodate any current sensor available in the market seamlessly into the operations.

Further, the report states that one of the major factors hindering the growth of this market is Connectivity challenges of current sensors. Sensors are used for several processes within a facility and exist in various easily mountable formats. These sensors are connected to the Internet to collate data generated from different current sensors attached within industries. However, the Internet access becomes a significant problem for the end-users. The differences in the level of connection results in discrepancies in readings obtained from sensors. This connectivity challenge impacts the effectiveness of current sensors. The variability in readings obtained affects the processes within the facilities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Honeywell
  • Infineon Technologies
  • Eaton
  • Allegro MicroSystems
  • Shenzhen Socan Technology
  • Pewatron
  • VACUUMSCHMELZE
  • VPInstruments
  • DENT Instruments
  • J&D
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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