HOME Top Market Reports Hall-Effect Current Sensor Market by Type, Technology, Output (Linear and Threshold), Industry (Industrial Automation, Automotive, Consumer Electronics, Telecommunication, Utilities, Medical, Railways), and Region - Global Forecast to 2023

Hall-Effect Current Sensor Market by Type, Technology, Output (Linear and Threshold), Industry (Industrial Automation, Automotive, Consumer Electronics, Telecommunication, Utilities, Medical, Railways), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: September 2017
Report Code: SE 3929

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The Hall-Effect current sensor market is likely to witness high growth in the coming years, driven by the use of fully integrated and programmable current sensors, technological advancements in Hall-Effect current sensors, advantage of galvanic isolation-based Hall-Effect current sensors, and demand for intelligent Hall-Effect current sensors. The Hall-Effect current sensor market was valued at USD 831.0 Million in 2016 and is expected to grow at a CAGR of 8.4% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the Hall-Effect current sensor market based on output, technology, type, industry, and region. The report provides detailed information of the major factors influencing the growth of the Hall-Effect current sensor market. Moreover, the report provides a detailed overview of the value chain of the Hall-Effect current sensor market.

The research methodology used to estimate and forecast the Hall-Effect current sensor market begins with obtaining data through secondary research such as Automation World, Motion Control & Motor Association, and the newsletters and whitepapers of the leading players in this market. Moreover, the offerings of the Hall-Effect current sensor providers have been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the Hall-Effect current sensor market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with officials holding key positions in this market, such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of primaries has been depicted in the following figure:

Hall Effect Current Sensor Market

To know about the assumptions considered for the study, download the pdf brochure

The players offering industrial services are ABB Ltd (Switzerland), Honeywell International, Inc. (US), STMicroelectronics N.V. (Switzerland), Allegro MicroSystems LLC (USA), Asahi Kasei Microdevice Corporation (Japan), Infineon Technologies AG (Germany), Melexis NV (Belgium), LEM Holding SA (Switzerland), TDK Corporation (Japan), and KOHSHIN ELECTRIC CORPORATION (Japan).

Target Audience of the Report:

  • Raw material and manufacturing equipment suppliers
  • Electronic design automation (EDA) and design tool vendors
  • Component manufacturers
  • Original equipment manufacturers (OEMs)
  • Integrated device manufacturers (IDMs)
  • Original design manufacturers (ODMs)
  • Technology, service, and solution providers
  • Suppliers and distributors
  • System integrators
  • Government and other regulatory bodies
  • Technology investors
  • Research institutes and organizations
  • Market research and consulting firms

This study answers several questions for the stakeholders, primarily regarding the market segments to focus on in the next two to five years for prioritizing efforts and investments.

Scope of the Report:

This research report categorizes the overall Hall-effect current sensor market, based on output, technology, type, industry, and geography.

Hall-Effect Current Sensor Market, by Output

  • Linear
  • Threshold

Hall-Effect Current Sensor Market, by Technology

  • BiCMOS
  • CMOS

Hall-Effect Current Sensor Market, by Type

  • Open-Loop Current Sensor
  • Closed-Loop Current Sensor

Hall-Effect Current Sensor Market, by Industry

  • Industrial Automation
  • Automotive
  • Consumer Electronics
  • Telecommunication
  • Utilities
  • Medical
  • Railways
  • Aerospace & Defense

Industrial Services Market, by Geography

  • Asia Pacific (APAC)
  • North America
  • Europe
  • Rest of the World (ROW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Industry Analysis

  • Further breakdown of the industry segment, by application and geography

Application Analysis

  • Further breakdown of the application segment, by industry and geography

Geographic Analysis

  • Further breakdown of the geography segment, by application and industry

Company Information

  • Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Market Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Growth Opportunities in the Hall-Effect Current Sensor Market
    4.2 Hall-Effect Current Sensor Market, By Type
    4.3 Hall-Effect Current Sensor Market in APAC, By Application and Country
    4.4 Hall-Effect Current Sensor Market, By Application
    4.5 Hall-Effect Current Sensor Market, By Geography

5 Market Overview (Page No. - 35)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Continuous Technological Advancements in Hall-Effect Current Sensors
                    5.1.1.2 Growing Use of Fully Integrated and Programmable Current Sensors
                    5.1.1.3 Advantage of Galvanic Isolation-Based Hall-Effect Current Sensors
                    5.1.1.4 Growing Demand for Intelligent Hall-Effect Sensors
           5.1.2 Restraints
                    5.1.2.1 Inconsistency in the Strength of Magnetic Fields
           5.1.3 Opportunities
                    5.1.3.1 Potential Applications in Eco-Friendly Electric and Hybrid Vehicles
                    5.1.3.2 Increasing Need for Energy Measurement Owing to Urbanization and Industrialization
           5.1.4 Challenges
                    5.1.4.1 Demand for Low-Cost Hall-Effect Current Sensors

6 Hall-Effect Current Sensor Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Open-Loop Hall-Effect Current Sensor
    6.3 Closed-Loop Hall-Effect Current Sensor

7 Hall-Effect Current Sensor Market, By Technology (Page No. - 46)
    7.1 Introduction
    7.2 BICMOS
    7.3 CMOS

8 Hall-Effect Current Sensor Market, By Output (Page No. - 50)
    8.1 Introduction
    8.2 Linear (Analog) Hall-Effect Current Sensor
    8.3 Threshold (Digital) Hall-Effect Current Sensor

9 Hall-Effect Current Sensor Market, By End-Use Industry (Page No. - 54)
    9.1 Introduction
    9.2 Automotive
    9.3 Industrial Automation
    9.4 Consumer Electronics
    9.5 Medical
    9.6 Utilities
    9.7 Railway
    9.8 Telecommunication
    9.9 Aerospace & Defense

10 Geographic Analysis (Page No. - 63)
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
             10.2.2 India
             10.2.3 Japan
             10.2.4 South Korea
             10.2.5 Rest of APAC
     10.3 North America
             10.3.1 US
             10.3.2 Canada
             10.3.3 Mexico
     10.4 Europe
             10.4.1 UK
             10.4.2 France
             10.4.3 Germany
             10.4.4 Italy
             10.4.5 Rest of Europe
     10.5 RoW
             10.5.1 Middle East
             10.5.2 Africa
             10.5.3 South America

11 Competitive Landscape (Page No. - 95)
     11.1 Introduction
     11.2 Market Share Analysis
     11.3 Competitive Scenario
             11.3.1 Product Developments
             11.3.2 Agreements, Collaborations, and Partnerships
             11.3.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 102)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
     12.1 Introduction
     12.2 ABB Ltd
     12.3 Allegro Microsystems, LLC. (Sanken Electric Co., Ltd.)
     12.4 Asahi Kasei Microdevices Corporation
     12.5 Infineon Technologies AG
     12.6 Honeywell International Inc.
     12.7 Stmicroelectronics N.V.
     12.8 LEM Holding SA
     12.9 KOHSHIN ELECTRIC CORPORATION
     12.10 Melexis NV
     12.11 TDK Corporation
     12.12 Key Innovators
             12.12.1 Vacuumschmelze GmbH & Co. Kg
             12.12.2 American Aerospace Controls
             12.12.3 Electrohms Pvt Ltd
             12.12.4 Magnesensor Technology (MST)
             12.12.5 Pulse Electronics Corporation

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 137)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (69 Tables)

Table 1 Comparison of Various Current Sensing Techniques
Table 2 Hall-Effect Current Sensor Manufacturer, By Type
Table 3 Hall-Effect Current Sensor Market, By Type, 2014–2023 (USD Million)
Table 4 Open-Loop vs Closed-Loop Hall-Effect Current Sensor
Table 5 Open-Loop Hall-Effect Current Sensor Market, By End-Use Industry, 2014–2023 (USD Million)
Table 6 Closed-Loop Hall-Effect Current Sensor Market, By Industry, 2014–2023 (USD Million)
Table 7 Hall-Effect Current Sensor Market, By Technology, 2014–2023 (USD Million)
Table 8 Hall-Effect Current Sensor Market for BICMOS Technology, By Type, 2014–2023 (USD Million)
Table 9 Hall-Effect Current Sensor Market for CMOS Technology, By Type, 2014–2023 (USD Million)
Table 10 Hall-Effect Current Sensor Market, By Output, 2014–2023 (USD Million)
Table 11 Hall-Effect Current Sensor Shipments, By Output, 2014–2023 (Million Units)
Table 12 Hall-Effect Current Sensor Market, By Industry, 2014–2023 (USD Million)
Table 13 Hall-Effect Current Sensor Market for Automotive, By Region, 2014–2023 (USD Million)
Table 14 Hall-Effect Current Sensor Market for Industrial Automation, By Region, 2014–2023 (USD Million)
Table 15 Hall-Effect Current Sensor Market for Consumer Electronics, By Region, 2014–2023 (USD Million)
Table 16 Hall-Effect Current Sensor Market for Medical, By Region, 2014–2023 (USD Million)
Table 17 Hall-Effect Current Sensor Market for Utilities, By Region, 2014–2023 (USD Million)
Table 18 Hall-Effect Current Sensor Market for Railway, By Region, 2014–2023 (USD Million)
Table 19 Hall-Effect Current Sensor Market for Telecommunication, By Region, 2014–2023 (USD Million)
Table 20 Hall-Effect Current Sensor Market for Aerospace & Defense, By Region, 2014–2023 (USD Million)
Table 21 Hall-Effect Current Sensor Market, By Region, 2014–2023 (USD Million)
Table 22 Hall-Effect Current Sensor Market for BICMOS Technology in APAC, By Industry, 2014–2023 (USD Million)
Table 23 Hall-Effect Current Sensor Market for CMOS Technology in APAC, By Industry, 2014–2023 (USD Million)
Table 24 Hall-Effect Current Sensor Market in APAC, By Country, 2014–2023 (USD Million)
Table 25 Hall-Effect Current Sensor Market in China, By Industry, 2014–2023 (USD Million)
Table 26 Hall-Effect Current Sensor Market in China, By Technology, 2014–2023 (USD Million)
Table 27 Hall-Effect Current Sensor Market in India, By Industry, 2014–2023 (USD Million)
Table 28 Hall-Effect Current Sensor Market in India, By Technology, 2014–2023 (USD Million)
Table 29 Hall-Effect Current Sensor Market in Japan, By Industry, 2014–2023 (USD Million)
Table 30 Hall-Effect Current Sensor Market in Japan, By Technology, 2014–2023 (USD Million)
Table 31 Hall-Effect Current Sensor Market in South Korea, By Industry, 2014–2023 (USD Million)
Table 32 Hall-Effect Current Sensor Market in South Korea, By Technology, 2014–2023 (USD Million)
Table 33 Hall-Effect Current Sensor Market in Rest of APAC, By Industry, 2014–2023 (USD Million)
Table 34 Hall-Effect Current Sensor Market in Rest of APAC, By Technology, 2014–2023 (USD Million)
Table 35 Hall-Effect Current Sensor Market for BICMOS Technology in North America, By Industry, 2014–2023 (USD Million)
Table 36 Hall-Effect Current Sensor Market for CMOS Technology in North America, By Industry, 2014–2023 (USD Million)
Table 37 Hall-Effect Current Sensor Market in North America, By Country, 2014–2023 (USD Million)
Table 38 Hall-Effect Current Sensor Market in US, By Industry, 2014–2023 (USD Million)
Table 39 Hall-Effect Current Sensor Market in US, By Technology, 2014–2023 (USD Million)
Table 40 Hall-Effect Current Sensor Market in Canada, By Industry, 2014–2023 (USD Million)
Table 41 Hall-Effect Current Sensor Market in Canada, By Technology, 2014–2023 (USD Million)
Table 42 Hall-Effect Current Sensor Market in Mexico, By Industry, 2014–2023 (USD Million)
Table 43 Hall-Effect Current Sensor Market in Mexico, By Technology, 2014–2023 (USD Million)
Table 44 Hall-Effect Current Sensor Market for BICMOS Technology in Europe, By Industry, 2014–2023 (USD Million)
Table 45 Hall-Effect Current Sensor Market for CMOS Technology in Europe, By Industry, 2014–2023 (USD Million)
Table 46 Hall-Effect Current Sensor Market in Europe, By Country, 2014–2023 (USD Million)
Table 47 Hall-Effect Current Sensor Market in UK, By Industry, 2014–2023 (USD Million)
Table 48 Hall-Effect Current Sensor Market in UK, By Technology, 2014–2023 (USD Million)
Table 49 Hall-Effect Current Sensor Market in France, By Industry, 2014–2023 (USD Million)
Table 50 Hall-Effect Current Sensor Market in France, By Technology, 2014–2023 (USD Million)
Table 51 Hall-Effect Current Sensor Market in Germany, By Industry, 2014–2023 (USD Million)
Table 52 Hall-Effect Current Sensor Market in Germany, By Technology, 2014–2023 (USD Million)
Table 53 Hall-Effect Current Sensor Market in Italy, By Industry, 2014–2023 (USD Million)
Table 54 Hall-Effect Current Sensor Market in Italy, By Technology, 2014–2023 (USD Million)
Table 55 Hall-Effect Current Sensor Market in Rest of Europe, By Industry, 2014–2023 (USD Million)
Table 56 Hall-Effect Current Sensor Market in Rest of Europe, By Technology, 2014–2023 (USD Million)
Table 57 Hall-Effect Current Sensor Market for BICMOS Technology in RoW, By Industry, 2014–2023 (USD Million)
Table 58 Hall-Effect Current Sensor Market for CMOS Technology in RoW, By Industry, 2014–2023 (USD Million)
Table 59 Hall-Effect Current Sensor Market in RoW, By Region, 2014–2023 (USD Million)
Table 60 Hall-Effect Current Sensor Market in Middle East, By Industry, 2014–2023 (USD Million)
Table 61 Hall-Effect Current Sensor Market in Africa, By Industry, 2014–2023 (USD Million)
Table 62 Hall-Effect Current Sensor Market in Africa, By Technology, 2014–2023 (USD Million)
Table 63 Hall-Effect Current Sensor Market in Middle East, By Technology, 2014–2023 (USD Million)
Table 64 Hall-Effect Current Sensor Market in South America, By Technology, 2014–2023 (USD Million)
Table 65 Hall-Effect Current Sensor Market in South America, By Industry, 2014–2023 (USD Million)
Table 66 Hall-Effect Current Sensor Market in South America, By Technology, 2014–2023 (USD Million)
Table 67 Product Launches
Table 68 Agreements, Collaborations, and Partnerships
Table 69 Mergers and Acquisitions


List of Figures (46 Figures)

Figure 1 Hall-Effect Current Sensor Market Segmentation
Figure 2 Hall-Effect Current Sensor Market: Research Design
Figure 3 Research Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Industrial Automation to Lead the Hall-Effect Current Sensor Market During the Forecast Period
Figure 9 Open-Loop Current Sensor to Dominate the Hall-Effect Current Sensor Market During the Forecast Period
Figure 10 Threshold Expected to Be the Fastest-Growing Current Sensor Based on Output Type of the Hall-Effect Current Sensor Market During the Forecast Period
Figure 11 BICMOS Expected to Be the Fastest-Growing Technology of the Hall-Effect Current Sensor Market During the Forecast Period
Figure 12 Automotive Expected to Be the Fastest-Growing Application of the Hall-Effect Current Sensor Market During the Forecast Period
Figure 13 APAC Expected to Witness the Highest CAGR in the Hall-Effect Current Sensor Market By 2023
Figure 14 Growing Use of Fully Integrated and Programmable Current Sensors to Drive the Growth of the Hall-Effect Current Sensor During the Forecast Period
Figure 15 Open-Loop Sensor to Lead the Hall-Effect Current Sensor Market During the Forecast Period
Figure 16 Industrial Automation Expected to Hold the Largest Share of the Hall-Effect Current Sensor in APAC By 2023
Figure 17 Industrial Automation Expected to Hold the Largest Share of the Hall-Effect Current Sensor Market During the Forecast Period
Figure 18 Hall-Effect Current Sensor Market in China Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Market Dynamics: Hall-Effect Current Sensor Market
Figure 20 Key IoT Markets Addressed By Hall-Effect Current Sensors
Figure 21 Typical HEV System Block Diagram
Figure 22 Closed-Loop Hall-Effect Current Sensor Market to Witness Higher CAGR During the Forecast Period
Figure 23 Hall-Effect Current Sensor Market, By Technology
Figure 24 Hall-Effect Current Sensor Market for BICMOS Technology Expected to Grow at A Higher Rate During the Forecast Period
Figure 25 Hall-Effect Current Sensor Market, By Output
Figure 26 Threshold Hall-Effect Current Sensor Market Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Hall-Effect Current Sensor Market, By Industry
Figure 28 Hall-Effect Current Sensor Market for the Automotive Industry Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Hall-Effect Current Sensor Market, By Geography
Figure 30 APAC: Hall-Effect Current Sensor Market Snapshot
Figure 31 North America: Hall-Effect Current Sensor Market Snapshot
Figure 32 Europe: Hall-Effect Current Sensor Market Snapshot
Figure 33 RoW: Hall-Effect Current Sensor Market Snapshot
Figure 34 Companies Adopted Product Development as the Key Growth Strategy Between April 2014 and July 2017
Figure 35 Market Share in the Hall-Effect Current Sensor Market, 2016
Figure 36 Hall-Effect Current Sensor Market Evaluation Framework
Figure 37 Battle for Market Share
Figure 38 ABB Ltd: Company Snapshot
Figure 39 Allegro Microsystems, LLC.: Company Snapshot
Figure 40 Asahi Kasei Microdevices Corporation: Company Snapshot
Figure 41 Infineon Technologies AG: Company Snapshot
Figure 42 Honeywell International Inc.: Company Snapshot
Figure 43 Stmicroelectonics N.V.: Company Snapshot
Figure 44 LEM Holding SA: Company Snapshot
Figure 45 Melexis NV: Company Snapshot
Figure 46 TDK Corporation: Company Snapshot

The Hall-Effect current sensor market is expected to grow from USD 906.7 Million in 2017 to USD 1,473.7 Million by 2023, at a CAGR of 8.4% between 2017 and 2023. The growth of this market is fueled by the increasing demand for intelligent Hall-Effect sensors, ongoing technological advancements in Hall-Effect current sensors, and growing use of fully integrated and programmable current sensors. Moreover, the advantages of galvanic isolation-based Hall-Effect current sensors and developments in the Hall-Effect current sensor ecosystem through organic and inorganic growth strategies, such as product developments, expansions, partnerships, distribution contracts and agreements, and acquisitions, further drive the growth of this market.

Between open-loop and closed loop current sensors, the market for closed-loop current sensor is expected to grow at a higher CAGR between 2017 and 2023. The faster response time and higher accuracy have led to a rise in the adoption of closed-loop current sensors. Moreover, the demand for closed-loop current sensors would continue to grow due to their applications in critical industries such as medical, automotive, and aerospace & defense.  This would lead to further innovations in the Hall-Effect current sensor market.

The Hall-Effect current sensor market for BiCMOS technology is expected to grow at a high CAGR between 2017 and 2023 driven by the growing adoption of BiCMOS technology over CMOS technology as it improves the speed of operations and reduces the density of the integrated circuit.

Among various industries, industrial automation held the largest share of the overall Hall-Effect current sensor market in 2016. This is attributed to the growing applications of control systems and automation equipment in the industries, which creates a need for current measurement for various applications such as AC-DC converter, overcurrent fault detection, and battery monitoring.

Hall Effect Current Sensor Market

Asia Pacific (APAC) is expected to hold the largest share of the Hall-Effect current sensor market during the forecast period. The Hall-Effect current sensor market in emerging economies such as China, India, South Korea, and Japan is expected to grow at the highest rate with the rising need for power management in these countries.

The key restraining factor for the growth of the Hall-Effect current sensor market is the demand for low-cost Hall-Effect current sensors. The consumers of Hall-Effect current sensors are the key players in the industries such as automotive, consumer electronics, medical, industrial automation, railways, and aerospace & defense. The major demand for Hall-Effect-based current sensors is from the automotive and consumer electronics industries. While both these industries are growing rapidly, they face a stiff price competition in the market. Therefore, the players in these industries demand low-cost Hall-Effect current sensors to bring down the price of the final product.

Key market players such as LEM Holding SA (Switzerland), Allegro MicroSystems LLC (USA), Honeywell International Inc. (US), TDK Corporation (Japan), KOHSHIN ELECTRIC CORPORATION (Japan), and ABB Ltd (Switzerland) focus on strategies such as product developments, expansions, distribution contracts and agreements, and acquisitions to enhance their product offerings and expand their business.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Sensors and Controls Markets on KnowledgeStore
Request Demo