Global Wireless Current Sensor Market Size And Forecasts 2030
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Global Wireless Current Sensor Market Size And Forecasts 2030

Last Updated:  Apr 25, 2025 | Study Period:

WIRELESS CURRENT SENSOR MARKET

 

INTRODUCTION

A wireless current sensor is a device used to measure and monitor electrical current in real-time without the need for physical connections or wired connections. These sensors are particularly valuable in various industries and applications, offering convenience, flexibility, and safety benefits.

 

In the industrial sector, wireless current sensors are commonly employed in manufacturing plants to monitor the performance of machinery and equipment. They can provide real-time data on the current flow through motors, pumps, and other electrical components.

 

In the field of renewable energy, wireless current sensors play a significant role in solar power systems. They help monitor the current generated by photovoltaic panels, enabling users to assess the system's efficiency and detect any anomalies. 

 

Moreover, wireless current sensors find applications in the residential sector as well. For instance, smart home systems often incorporate these sensors to provide homeowners with insights into their energy consumption. 

 

WIRELESS CURRENT SENSOR MARKETRECENT DEVELOPMENT/INNOVATION

 

S.NOOverview of DevelopmentDetails of Development
1.TI simplifies current sensing with the industry's most accurate Hall-effect sensors and integrated shunt solutionsTexas Instruments (TI), a pioneer in cutting-edge sensing technologies, unveiled new current sensors to aid engineers in streamlining and optimizing their designs. The new devices include a portfolio of current shunt monitors that do away with the requirement for an external shunt resistor for nonisolated voltage rails and an isolated Hall-effect current sensor for high-voltage systems. 
2.SEL Releases Capacitor Bank Control with Wireless Current Sensing TechnologyThe SEL-734W Capacitor Bank Control and SEL-8340 Wireless Current Sensor system from Schweitzer Engineering Laboratories gives utilities a way to boost the effectiveness and quality of their distribution electricity. Even the most sophisticated capacitor bank controls formerly used bulky and expensive line post sensors to detect current.
3.ACEINNA Launches Industry's First High Accuracy Current Sensors based on AMR TechnologyCurrent Sensor "All in One", Simple to Integrate for Inverters and Motor Control, Industrial Robots and Manufacturing Systems, Telecom and Server Farm Power Supplies, Automotive EV Charging Stations, IoT Appliance, Home Automation, and Many Other Tech Applications

 

TI simplifies current sensing these products are designed for a wide range of common-mode voltages and temperatures.

 

With the industry's greatest reinforced isolation and maximum accuracy throughout lifespan and temperature, the new TMCS1123 Hall-effect current sensor delivers design simplicity and precision for high-voltage systems. The newest offerings from TI include the smallest completely integrated current shunt monitor in the market and the highest accuracy 75-A integrated shunt solution for non isolated systems up to 85 V and 75 ARMS.

 

The SEL-734W improves power quality without using complicated sensors by using wireless technology.

 

The MCx1101 family of 5A, 20A, and 50A current sensors from ACEINNA was introduced for use in industrial and power supply applications. Units and evaluation boards for the first high precision, wide bandwidth AMR-based current sensors are available for sampling and volume shipping.

 

In comparison to other options, the MCx1101 has a significantly higher DC accuracy and dynamic range. They are completely integrated, bi-directional current sensors.

 

Wide current range of the Wireless Current Sensor PS-3212 permits both beginning and advanced investigations of electricity and fundamental circuits. The sensor, which has built-in overload protection and can measure currents up to 1 A, was created with user safety in mind.

 

Wireless transmission of collected data is possible to desktops, Chromebooks, tablets, and smartphones. Students can learn about Ohm's Law, series and parallel circuits, and much more when used in conjunction with a wireless voltage sensor.

 

Magnelab's SCT-125W series is a small split core wireless AC current sensor system that snaps around the conductor without additional wires or connections, making it ideal for installation on existing electrical wiring. It converts up to 800 amps of alternating current input current to 0.333 Volt or 1.0 Volt RMS output voltage.

 

Each CT has a radio frequency link powered by the measured current that connects to the Controller (PT Unit) for any current greater than 5 A. Three AC Wireless split-core current sensors and one Controller are included (PT unit). In both amplitude and phase, the controller provides three outputs that correspond to the three remote CTs.

 

The Optergy Air range provides a variety of battery-powered wireless solutions that can detect and read a wide range of environmental metrics to provide users with all the information they need to understand and control their internal environment.

 

WIRELESS CURRENT SENSOR MARKET SIZE AND FORECAST

 

Wireless Current Sensor Market Share

 

 The Global Wireless 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.

  

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many  Wireless Current Sensors  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global  Wireless Current Sensor  and key vendor selection criteria
  3. Where is the  Wireless Current Sensor  manufactured? What is the average margin per unit?
  4. Market share of Global  Wireless Current Sensor  market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global  Wireless Current Sensor  in-house
  6. key predictions for next 5 years in Global  Wireless Current Sensor  market
  7. Average B-2-B  Wireless Current Sensor  market price in all segments
  8. Latest trends in  Wireless Current Sensor  market, by every market segment
  9. The market size (both volume and value) of the  Wireless Current Sensor  market in 2024-2030 and every year in between?
  10. Production breakup of  Wireless 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, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
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