Voltage Transducer Market Report 2026

The voltage transducer market size has grown strongly in recent years. It will grow from $2.56 billion in 2025 to $2.69 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to growth in power plant automation, increasing use of voltage sensors in industrial machinery, rising adoption of hall effect based transducers, expansion of solar panel installations, advancements in transformer based sensing technology.

The voltage transducer market size is expected to see strong growth in the next few years. It will grow to $3.44 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to growing demand for voltage monitoring in electric vehicles, increasing adoption of multi parameter sensing systems, expansion of data center infrastructure, rising deployment of grid digitization projects, advancements in isolation amplifier based transducers. Major trends in the forecast period include growing adoption of iot enabled voltage monitoring systems, increasing integration of smart manufacturing for precision transducers, rising demand for voltage sensors in electric mobility applications, advancements in digital signal processing for voltage measurement, expansion of connected grid and utility monitoring solutions.

The growing adoption of electric vehicles is expected to drive the growth of the voltage transducers market in the coming years. Electric vehicles (EVs) are powered by electricity stored in batteries and operate using electric motors, with their batteries charged through electricity. Voltage transducers are essential components that monitor and adjust voltage levels at charging stations, ensuring the charging process is safe and efficient by preventing voltage fluctuations and potential grid damage. For example, in July 2023, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that over 2.3 million electric cars were sold in the first quarter of 2023, marking a 25% increase compared to the same period in 2022. By the end of 2023, sales are projected to reach 14 million units, representing a 35% year-on-year increase, with growth accelerating in the latter half of the year. As a result, the rising adoption of electric vehicles is expected to drive demand for voltage transducers.

Major companies in the voltage transducer sector are increasingly concentrating on the development of high-performance current transducers, designed to provide higher accuracy, broader measurement ranges, and improved isolation for industrial, renewable energy, electric vehicle, and smart-grid applications. A current transducer is a device that measures AC or DC electric current in a conductor and converts it into a proportional standardized output signal, while maintaining isolation between the measured circuit and the monitoring or control system. For example, in February 2023, Danisense Co. Ltd., a Denmark-based manufacturer of ultra-high-precision current transducers, introduced the DN1000ID. This transducer features a large 41.2 mm aperture, allowing it to accommodate bulky power cables with large connectors, making it ideal for EV test benches and battery evaluation systems. It delivers a linearity error of 1 ppm and an offset of 5 ppm, ensuring outstanding measurement accuracy. Built with closed-loop fluxgate technology in a compact aluminum housing, it is suitable for applications including power measurement, particle accelerator MPS, MRI drives, precision current sensing, and calibration.

In January 2023, TE Connectivity Ltd., a Switzerland-based company specializing in the design and production of connectors and sensors, completed the acquisition of Kries Energietechnik GmbH & Co. kg. This strategic move aims to enhance TE's portfolio in power grid monitoring, protection, and automation technologies. Kries Energietechnik, headquartered in Germany, is a leading manufacturer of power grid equipment and solutions, notably renowned for its expertise in voltage sensors.

Major companies operating in the voltage transducer market are Siemens AG, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Eaton Corp., Emerson Electric Co., TE Connectivity Ltd., Analog Devices Inc., Digi-Key Electronics Corp., Phoenix Contact GmbH & Co. KG, Yokogawa Electric Corporation, Fluke Corporation, LEM Holding SA, Veris Industries LLC, Ashcroft Inc., Dwyer Instruments Inc., Red Lion Controls Inc., NK Technologies, Building Automation Products Inc., Acromag Inc., Magnelab Corporation, Omron Automation Pvt. Ltd., Electro-Sensors Inc., Althen Sensors & Controls B.V., CR Magnetics Inc., Carlo Gavazzi Automation SpA, Aim Dynamics Inc., Continental Control Systems LLC, Darrah Electric Company.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on semiconductor components, magnetic cores, isolation materials and electronic assemblies have elevated production costs for voltage transducers, particularly affecting manufacturers that depend on imported parts from East Asia. Energy utilities, transportation systems and data centers in North America and Europe face stronger pricing pressures due to large scale deployment needs. Nevertheless, tariffs are driving supply chain diversification, local manufacturing investments and innovation in cost efficient sensing technologies, generating selective long term advantages for regional suppliers.

The voltage transducers market research report is one of a series of new reports that provides voltage transducers market statistics, including voltage transducers industry global market size, regional shares, competitors with a voltage transducers market share, detailed voltage transducers market segments, market trends and opportunities and any further data you may need to thrive in the voltage transducers industry. This voltage transducers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A voltage transducer, also referred to as a voltage sensor, plays a critical role in converting electrical voltage into an equivalent electrical signal with a corresponding amplitude. This transformation is essential for a wide range of applications, including power measurement and control systems.

Voltage transducers come in two main types such as alternating current (AC) and direct current (DC). AC transducers handle currents that regularly change direction and intensity. They find applications in diverse sectors like railways, solar energy systems, multi-parameter setups, power generation facilities, industrial equipment, electric vehicles, and data centers. Their significance extends across transportation, energy, utilities, manufacturing, information technology, and telecommunications. These devices play a pivotal role in modern technology-driven industries.North America was the largest region in the voltage transducers market in 2025. The regions covered in the voltage transducer market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the voltage transducer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The voltage transducers market consists of sales of resistive voltage transducers, inductive voltage transducers, circuit breaker, lightning arrester. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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