Global Fluxgate Current Sensor Market Size and Forecasts 2030

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    FLUXGATE CURRENT SENSOR MARKET

     

    INTRODUCTION

    A fluxgate current sensor is structurally similar to a current sensor with a magnetic balance system, with the exception that the Hall element is replaced by a magnetic probe coil. The detectable current ranges from 6 to 600A, making it ideal for industrial and medical equipment that needs high measurement accuracy.

     

    The fluxgate sensors offer the finest price/performance ratio for low magnetic field detection. It is capable of measuring the magnitude and direction of a DC (static) or low-frequency AC magnetic field with a resolution of 0.0001 T in the range of 0.1 nT to 0.1 mT.

     

    The sense winding of the fluxgate magnetometers made at Imperial College is tuned using a capacitor. Red indicates the tuned sensor waveform.

     

    FLUXGATE CURRENT SENSOR MARKET SIZE AND FORECAST

     

    Fluxgate Current Sensor Market Size

     

    The Global Fluxgate 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.

     

    FLUXGATE CURRENT SENSOR MARKET NEW PRODUCT LAUNCH

    The DRV425 from Texas Instruments is a fully integrated fluxgate magnetic-field sensor and readout. The DRV425 from Texas Instruments is a single-axis magnetic field sensor that provides electrical isolation, high sensitivity, and accurate DC and AC field measurements.

     

    With an internal compensating coil, the device’s innovative, integrated fluxgate sensor offers a high-accuracy sensing range of 2 mT and a measurement bandwidth of up to 47 kHz.

     

    Unmatched magnetic field measurement precision is achieved by combining the sensor’s low offset, offset drift, and noise with the internal compensation coil’s precise gain, low gain drift, and extremely low nonlinearity. An analogue signal corresponding to the measured magnetic is the DRV425’s output.

     

    To reduce component count and system-level cost, the DRV425 offers a comprehensive range of features, such as an internal difference amplifier, on-chip precision reference, and diagnostic capabilities.

     

    The DRV425 is designed to operate throughout the wide industrial temperature range of -40°C to 125°C and is offered in a thermally enhanced, non-magnetic, thin WQFN packaging with a PowerPADTM for improved heat dissipation.

     

    LEM, a leading provider of electrical measurement equipment, launched the CAB 1500 open-loop fluxgate current sensor, which it claims to provide “best-in-class performance for accurate battery charge level measurement.”

     

    Designers of Li-ion battery management systems, who need sensors that offer high levels of efficiency and accuracy, are the target market for the new device. LEM’s CAB line of automotive-grade design sensors comprises the CAB 1500.

     

    When measuring the discharge current of Li-ion batteries to determine their state of charge (SoC), these, according to LEM, employ the characteristics of fluxgate transducer technology to give the high accuracy and low offset needed for dependable coulomb counting.

     

    The CAB series provides a 500 kbps CAN interface and meets ISO 26262 functional safety requirements (to automotive safety integrity level C).

     

    A busbar- or panel-mounted open-loop fluxgate sensor with a resolution of up to 0.1% is the CAB 1500. According to the IEC 60664-1 standard, it is suitable with 800 V applications and has an increased current range of up to 1,500 A.

     

    According to the novel sensor, full galvanic isolation up to 2.5 kV may be measured without any intrusion. Low power usage, VS shunt technology, and a total error over temperatures of 0.5% are further benefits.

     

    Design engineers will enjoy this addition to LEM’s CAB family since it gives the kind of performance levels they need and is vital for accurate battery charge level assessment, which is essential for maximising the range of electric vehicles.

     

    In order to provide the most accurate SoC calculations for sophisticated EVs, the CAB 1500 leverages fluxgate technology.New electric motor position sensors and fluxgate current sensors for EVs have been launched by Baolong Automotive Corporation.

     

    Sales of EVs have increased significantly over the past few years, having a significant impact on the automotive sensor industry due to the growing trend towards the electrification and intelligence of vehicles.

     

    Additionally, the need for sensors has increased along with the need for electrified vehicles, which has sped up the creation of new sensor subtypes. With novel technology created especially for the device by Baolong Automotive, the 1000A/1500A fluxgate current sensor boasts excellent precision, high sensitivity, and minimal zero drift.

     

    In order to address the issues raised by range anxiety and charging anxiety while preventing overcharge and over discharge scenarios, the solution, a crucial part of the power battery as well as the electric drive, battery, and electronic control systems for EVs, helps ensure the safe performance of the vehicles.

     

    The new electric motor position sensor, which is a vital part of the high-speed electric motors’ precise control system in EVs, also offers superior performance, greater precision, smoother torque and position control, and high-precision detection of the rotor position of those high-speed electric motors.

     

    The sensor is extensively used in numerous electric control systems, including brake-by-wire systems, electric power steering, and electric clutches.

     

    THIS FLUXGATE CURRENT SENSOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Fluxgate current sensors are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Fluxgate current sensor and key vendor selection criteria
    3. Where is the Fluxgate current sensor manufactured? What is the average margin per unit?
    4. Market share of Global Fluxgate current sensor market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Fluxgate current sensor in-house
    6. key predictions for next 5 years in Global Fluxgate current sensor market
    7. Average B-2-B Fluxgate current sensor market price in all segments
    8. Latest trends in Fluxgate current sensor market, by every market segment
    9. The market size (both volume and value) of the Fluxgate current sensor market in 2024-2030 and every year in between?
    10. Production breakup of Fluxgate current sensor market, by suppliers and their OEM relationship
     
    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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