Hall Effect Current Sensors for Automotive
Market size was valued at US$ 1.89 billion in 2024 and is projected to reach US$ 4.26 billion by 2032, at a CAGR of 12.4% during the forecast period 2025-2032
Report Studies
• The global Hall Effect Current Sensors for Automotive Market size was valued at US$ 1.89 billion in 2024 and is projected to reach US$ 4.26 billion by 2032, at a CAGR of 12.4% during the forecast period 2025-2032.
• Hall Effect current sensors are critical components that enable noncontact current measurement in automotive applications. These sensors utilize the Hall Effect principle to detect both direct and alternating currents with high accuracy, while minimizing power loss in the measured circuit. The technology offers significant advantages including electrical isolation, compact design, and high reliability, making it indispensable for modern vehicle systems.
By Type:
• The market is segmented based on type into:
• Open Loop
• Subtypes: Single-range, Multi-range
• Close Loop
• Subtypes: Precision, High-speed
By Application:
• The market is segmented based on application into:
• Gas Vehicle
• Electric Vehicle
• Subtypes: BEV, HEV, PHEV
• 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 (Japan)
