Hall Based Current Sensors for Automotive Market

size was valued at US$ 1.73 billion in 2024 and is projected to reach US$ 3.85 billion by 2032, at a

of 12.2% during the forecast period 2025-

Report Studies

• The global Hall Based Current Sensors for Automotive Market size was valued at US$ 1.73 billion in 2024 and is projected to reach US$ 3.85 billion by 2032, at a CAGR of 12.2% during the forecast period 2025-2032.

• Hall effect current sensors are critical components for non-contact detection of direct and alternating currents in automotive applications. These sensors utilize a Hall element (a magnetoelectric converter) to measure current flow without physical contact, minimizing power loss while offering high reliability and compact design. The automotive sector dominates demand, with Asia accounting for 56% of global vehicle production as of 2022, according to OICA data.

By Type:

The market is segmented based on type into:

Open Loop

Subtypes: Single-range, Multi-range, and others

Close Loop

Subtypes: Fluxgate-based, Compensation-type, and others

Integrated Current Sensor ICs

Others

By Application:

• Electric Vehicles Segment Shows Strong Growth Potential Due to Rising EV Adoption

• The market is segmented based on application into:

• Gas Vehicles

• Subtypes: Passenger cars, Commercial vehicles, and others

• Electric Vehicles

• Subtypes: BEVs, PHEVs, HEVs, and others

• Automotive Charging Systems

• Battery Management Systems

• LEM Holding SA (Switzerland)

• Allegro Microsystems, LLC (U.S.)

• Melexis NV (Belgium)

• TDK Micronas (Germany)

• Honeywell International Inc. (U.S.)

• Robert Bosch GmbH (Germany)

• DENSO Corporation (Japan)