Hall Effect Current Sensor Market 2020 by Technology (BICMOS, CMOS) and Application (Automotive, Consumer Electronics, Industrial Automation)

Press Release   •   Dec 07, 2015 17:17 EST

“Advancement in the sensor technologies is the key driver for the growth of Hall effect current sensor market”

The factors driving the Hall effect current sensor market are technological advancements (in sensors), easy installation process of these sensors, and use of galvanic isolation principle. Hall effect current sensors have continuously been evolving. These sensors are now manufactured with BiCMOS technology, a combination of bipolar junction transistor and complementary metal oxide semiconductor. BiCOMS have high current drive per unit, low input density, high power dissipation, and low noise as compared to conventional COMS technology. Complete report on Hall effect current sensor market spread across 86 pages, profiling 16 companies and supported with 53 tables and 35 figures is now available at http://www.rnrmarketresearch.com/hall-effect-current-sensor-market-by-technology-bicmos-cmos-type-open-loop-closed-loop-application-automotive-consumer-electronics-industrial-automation-and-geography-north-america-europe-asia-pacific-global-forecast-to-2020-market-report.html .

“The automotive industry holds the largest share in the hall effect current sensor market in 2015”

The major players in the hall effect current sensor market are LEM Holding SA (Switzerland), ABB Ltd. (Switzerland), Honeywell Sensing & Controls (U.S.), and Tamura Corporation (Japan), Asahi Kasei Microdevices Corporation (Japan), Allegro Microsystems, LLC (U.S.), Infineon Technologies AG (Germany), Melexis NV (Belgium), Micronas Semiconductor Holding AG (Switzerland), and TDK Corporation (Japan). In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is given below as:

Breakdown of profile of primary participants:

  • By Company Type: Tier 1 - 60 %, Tier 2 - 25% and Tier 3 - 15%
  • By Designation: C level - 50%, Director level - 40%, Others - 10%
  • By Region: North America - 40%, Europe - 20%, APAC - 30%, RoW - 10%
  • “The Asia-Pacific region holds the largest share and expected to grow with highest CAGR in the hall effect current sensor market from 2015 to 2020”

    Countries such as Japan, India, South Korea, and China are driving the Hall effect current sensor market in this region. However, China’s economic downturn could act as a hindrance to the growth of this regional market. North America is estimated to account for the second-largest market share by the end of the forecast period. The consumer electronics segment is the fastest-growing application segment of the Hall effect current sensor market in North America. APAC’s market is currently riding on a prosperous growth curve in terms of consumption of Hall effect current sensors for various applications. Priced at $4650 for a single user PDF, Inquire Before Buying on “Hall Effect Current Sensor Market by Technology (BICMOS, CMOS), Type (Open-Loop, Closed-Loop), Application (Automotive, Consumer Electronics, Industrial Automation), and Geography (North America, Europe, Asia-Pacific) - Global Forecast to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=440176 .

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