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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A tool used to monitor the electrical current going into or out of the battery pack in an electric vehicle is known as an EV (Electric Vehicle) battery current sensor. The sensor offers up-to-the-minute data on the battery's level of charge and can assist the vehicle's control system in controlling the battery's rate of charge and discharge.
The current sensor typically uses a shunt resistor or a Hall Effect sensor to measure the current flowing through a circuit. The shunt resistor is placed in series with the battery pack, and the voltage drop across the resistor is proportional to the current flowing through the circuit. The Hall Effect sensor measures the magnetic field generated by the current flowing through a conductor.
The battery management system (BMS) of the vehicle processes the output of the current sensor and uses the data to regulate how the battery is charged and discharged. The BMS can control the discharge rate to prevent battery damage and can adjust the charge rate to prevent overcharging or overheating of the battery.
For the battery pack of an electric vehicle to operate safely and effectively, the EV battery current sensor is essential.
Global EV battery current sensor market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Continental has introduced two new battery protection and/or battery parameter retention sensors for electric vehicles (EVs). The Current Sensor Module (CSM), which concurrently measures current and temperature, gives the battery management system crucial data that it needs to maintain the battery secure and guarantee long-term durability.
Production of the CSM will begin. A lightweight substitute for bulky underfloor "armoring" against damage is the Battery Impact Detection (BID) solution.
Because that the battery is the single most expensive component in an electric car, the CSM was created not just to protect the battery from overcurrents but also to help maintain the battery characteristics by limiting ageing effects. With the help of Continental's innovative sensors, the energy module's performance can be optimised, preserving and improving over time.
For high-power EV traction inverter designers, LEM has also unveiled a novel current sensor that enables them to optimise size, weight, and efficiency ratios with a tiny form factor.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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