Global EV Current Sensor Market 2023-2030
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Global EV Current Sensor Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

Global EV Current Sensor Market

 

INTRODUCTION

The battery management system receives information on the status of the battery SOH through current sensors, which are the primary source of data for charging and discharging cycle information. The battery current sensor, which detects both current flow into and out of the battery, is an amp clamp.

 

The flow is subsequently converted into a variable duty cycle signal by the current sensor. The BCM receives this varied duty cycle from the sensor in order to determine current flow.

 

The magnetic current sensor works on the basis that the current to be measured creates a magnetic field around the current path, which can then be detected by a magnetic sensor to determine the current's amount. 

GLOBAL EV CURRENT SENSOR MARKET SIZE AND FORECAST

 

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The Global EV Current sensor market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

LEM introduces a current sensor to assess battery charge levels precisely. The necessity to create vehicles that can drive the longest distances between charges is one of the industry's main problems. In order to achieve the necessary high levels of efficiency and precision, design engineers are looking for sensors.

 

The CAB 1500, a brand-new sensor from LEM, is the most recent model in the CAB series of automotive grade design sensors. This series uses the advantages of fluxgate transducer technology to provide the high accuracy and low offset necessary for reliable coulomb counting, which involves measuring the discharging current of Li-ion batteries to determine their state of charge (SoC).

 

The CAB series offers straightforward application via a controller area network (CAN) interface with a 500 kbps speed that complies with the ISO 26262 functional safety standard (to automotive safety integrity level C).

 

The CAB 1500 open loop fluxgate sensor, which may be busbar or panel mounted and has electronic mechanisms and software that assure the levels of reliability demanded by BMSs, combines best-in-class resolution up to 0.1% with the lowest offset and maximum accuracy.

 

The new sensor features non-intrusive measurement for full galvanic isolation up to 2.5kV, along with an expanded current range up to 1500A and compliance with 800V applications according to the IEC 60664-1 standard. Low power consumption VS shunt technique and 0.5% total error over temperatures from -40°C to +85°C are further characteristics.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many EV Current sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV Current sensor and key vendor selection criteria
  3. Where is the EV Current sensor manufactured? What is the average margin per unit?
  4. Market share of Global EV Current sensor market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global EV Current sensor in-house
  6. key predictions for next 5 years in Global EV Current sensor market
  7. Average B-2-B EV Current sensor market price in all segments
  8. Latest trends in EV Current sensor market, by every market segment
  9. The market size (both volume and value) of the EV Current sensor market in 2023-2030 and every year in between?
  10. Production breakup of EV Current sensor market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix