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Automotive Current Transducer Market Share

Report ID: GMI11591
Published Date: Sep 2024
Report Format: PDF

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Automotive Current Transducer Market Share

Automotive Current Transducer Market Company Share Analysis, 2023

ABB holds a top spot in the automotive current transducer industry. The company's expertise spans a wide range of transducers, including standard and custom models. Drawing on its strong background in electrical equipment, ABB consistently delivers tailored solutions to meet diverse application needs.

Automotive Current Transducer Market Companies

Some of the key market players operating across the industry are:

ABB
Howard Butler
Johnson Controls
NK Technologies
Phoenix Contact
Siemens
Texas Instruments
Topstek

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market size for automotive current transducer was valued at USD 114.5 million in 2023 and is projected to grow at a CAGR of 5.3% by 2032, reaching an estimated USD 181.4 million.

The battery management segment is set to grow at a CAGR exceeding 7.9% through 2032 due to the automotive industry's shift towards electric mobility.

The U.S. market is projected to exceed USD 23.5 million by 2032, driven by rapid adoption of electric vehicles (EVs) and supportive government policies.

Key players in the industry include ABB, Howard Butler, Johnson Controls, NK Technologies, Phoenix Contact, Siemens, Texas Instruments, and Topstek.