Current Sensor Market worth $5.41 billion by 2030 - Exclusive Report by MarketsandMarkets

DELRAY BEACH, Fla., March 17, 2025 /PRNewswire/ -- The global current sensor market is expected to be valued at USD 3.24 billion in 2025 and is projected to reach USD 5.41 billion by 2030; it is expected to grow at a CAGR of 10.8% from 2025 to 2030 according to a new report by MarketsandMarkets. The current sensor market is driven by the growing demand for battery-powered systems and the growing emphasis on renewable energy, with an enhanced requirement for power-monitoring technologies that are efficient. The growing demand from the consumer electronics sector are also contributing to growth in the market. Moreover, the tremendous upsurge in the manufacturing of hybrid and electric vehicles is further accelerating the demand for high-precision current sensing technology.

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Browse in-depth TOC on "Current Sensor Market" 
277 – Tables
67 – Figures
302 – Pages

Current Sensor Market Report Scope:

Report Coverage	Details
Market Revenue in 2025	$ 3.24 billion
Estimated Value by 2030	$ 5.41 billion
Growth Rate	Poised to grow at a CAGR of 10.8%
Market Size Available for	2020–2030
Forecast Period	2025–2030
Forecast Units	Value (USD Million/Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Current Sensing Method, Loop Type, Offering, Technology, Mounting Type, Measurement Range, Output Type, Industry, Region