Product Code: TIPRE00019446
The current sense amplifier market size is expected to grow from US$ 3.52 billion in 2022 to US$ 5.97 billion by 2030; it is estimated to record a CAGR of 7.2% during the forecast period.
A current sense amplifier is a special-purpose integrated circuit differential amplifier that provides an analog output voltage equivalent to current flowing into a load connected to its input. It is built to measure the voltage developed across the current shunt, resistor, and output a voltage proportional to the gauged current. The global current sense amplifier market is witnessing significant growth in various industries such as aerospace, automobile, and manufacturing industry due to which the demand for high voltage and precision current sensing amplifiers is rising. Manufacturers are expanding their production capabilities to cater to the growing needs of bidirectional and unidirectional measurement systems. One of the driving factors for the current sense amplifier market is the rising need to amplify small voltages to provide high bandwidth in the presence of large common-mode voltages. This requirement arises in various applications, including real-time protection systems, current measuring and monitoring for closed-loop feedback, and power monitoring facilities for system optimization. The market is also propelled by the high demand for current sense amplifiers offering great precision, low offset, and high flexibility.
The automotive industry significantly contributes to the exponential growth of the market due to the rising demand for electric vehicles (EVs) and IoT devices. Manufacturers focus on producing low-power and space-efficient current sensing amplifiers for applications such as battery management systems, chargers, cellphones, and other devices. This would present immense opportunities for the current sense amplifier market in the coming years.
Impact of COVID-19 Pandemic on Current Sense Amplifier Market
The Europe current sense amplifier market faced various challenges due to the COVID-19 pandemic. The region experienced disruptions in manufacturing and supply chains, impacting the production and availability of current sensing devices. Many industries, including automotive and consumer electronics, experienced a decline in demand of current sense amplifier as lockdown measures restricted economic activities and consumer spending. However, governments of various countries in Europe focused on projects related to renewable energy and smart infrastructure, which offered key players several opportunities for growth. Europe, after the ease of restrictions, has been at the forefront of technological advancements, particularly in the automotive, industrial, and renewable energy sectors. The recovery of these industries and a rise in investments in smart infrastructure projects are the key factors boosting the demand for current sensing and monitoring solutions.
APAC region is one of the largest producers of electronic devices. The current sense amplifiers are used in electronic devices to manage power flow. According to GSMA, the smartphone adoption rate in APAC (except China) reached 76% in 2022, which is expected to increase to 94% by 2030. Also, the smartphone adoption rate in China was 81% in 2022 and is estimated to reach 93% by 2030. Thus, the growing demand for smartphones, tablets, PCs, laptops, and other consumer electronics in Asian countries is boosting the growth of the market in the region.
In Asia Pacific, China is the largest manufacturer of consumer electronic devices. In January 2021, the Chinese government announced its plans to expand its domestic electronic market by investing US$ 327 billion till 2023. Due to this investment, manufacturers can provide components, materials, and other manufacturing equipment required at connected factories, high-speed rail, and aerospace industries, as well as for the production of smartphones, drones, electric vehicles, and robotics. Similarly, the Indian government is also working on expanding the electronics market in the country. According to Invest India, in 2022, the electronics market in India was valued at US$ 140 billion. Furthermore, domestic electronic production increased to US$ 87 billion in 2022, registering a CAGR of 15%; it is expected to reach US$ 300 billion by 2026. Also, in 2022, the export of electronic goods from India has reached US$ 15 billion, recording a CAGR of 22%, and it is expected to reach US$ 120 billion by 2026. Thus, the growing electronic production in the region is expected to raise the demand for current sense amplifiers, further fueling the current sense amplifier market growth in APAC.
Analog Devices Inc, Microchip Technology Inc, SG Micro Corp, Renesas Electronics Corp, ROHM Co Ltd, On Semiconductor Corp, Monolithic Power Systems Inc, Semtech Corp, STMicroelectronics NV, and Texas Instruments Inc are among the key current sense amplifier market players profiled in this market study. Several other essential current sense amplifier market players were analyzed for a holistic view of the market and its ecosystem.
The overall current sense amplifier market size has been derived using both primary and secondary sources. To begin the current sense amplifier market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the current sense amplifier market. The process also serves the purpose of obtaining an overview and market forecast of the current sense amplifier market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the current sense amplifier market.
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Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Current Sense Amplifier Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 APAC
- 4.2.4 MEA
- 4.2.5 SAM
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
5. Current Sense Amplifier Market- Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Consumer Electronics Industry
- 5.1.2 Growing use of Current Sensing Amplifiers in Telecommunication Infrastructure
- 5.2 Key Market Restraints
- 5.2.1 Shortage of Skilled Labors
- 5.3 Key Market Opportunities
- 5.3.1 Rising Demand for Current Sensing Amplifiers for Renewable Energy
- 5.4 Future Trends
- 5.4.1 Rising demand for Electric Vehicles
- 5.5 Impact Analysis of Drivers and Restraints
6. Current Sense Amplifier Market- Global Market Analysis
- 6.1 Current Sense Amplifier Market Global Overview
- 6.2 Global Current Sense Amplifier Market Forecast and Analysis
- 6.3 Market Positioning- Top Five Players
7. Current Sense Amplifier Market Revenue and Forecast to 2030 - Sensing Type
- 7.1 Overview
- 7.2 Current Sense Amplifier Market, By Sensing Type (2022 and 2030)
- 7.3 High-side Sensing
- 7.3.1 Overview
- 7.3.2 High-side Sensing: Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
- 7.4 Low-side Sensing
- 7.4.1 Overview
- 7.4.2 Low-side Sensing: Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
8. Current Sense Amplifier Market Revenue and Forecast to 2030 - Current Direction
- 8.1 Overview
- 8.2 Current Sense Amplifier Market, By Current Direction (2022 and 2030)
- 8.3 Unidirectional
- 8.3.1 Overview
- 8.3.2 Unidirectional: Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
- 8.4 Bidirectional
- 8.4.1 Overview
- 8.4.2 Bidirectional: Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
9. Current Sense Amplifier Market - By End User
- 9.1 Overview
- 9.2 Current Sense Amplifier Market, by End User (2022 and 2030)
- 9.3 Electronics
- 9.3.1 Overview
- 9.3.2 Electronics: Current Sense Amplifier Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4 Automotive
- 9.4.1 Overview
- 9.4.2 Automotive: Current Sense Amplifier Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5 Telecommunications
- 9.5.1 Overview
- 9.5.2 Telecommunications: Current Sense Amplifier Market - Revenue and Forecast to 2030 (US$ Million)
- 9.6 Industrial
- 9.6.1 Overview
- 9.6.2 Industrial: Current Sense Amplifier Market - Revenue and Forecast to 2030 (US$ Million)
- 9.7 Others
- 9.7.1 Overview
- 9.7.2 Others: Current Sense Amplifier Market - Revenue and Forecast to 2030 (US$ Million)
10. Current Sense Amplifier Market- Geographic Analysis
- 10.1 Overview
- 10.2 North America: Current Sense Amplifier
- 10.2.1 North America: Current Sense Amplifier - Revenue, and Forecast to 2030 (US$ Million)
- 10.2.2 North America: Current Sense Amplifier Market, By Sensing Type
- 10.2.3 North America: Current Sense Amplifier Market, By Current Direction
- 10.2.4 North America: Current Sense Amplifier Market, By End User
- 10.2.5 North America: Current Sense Amplifier Market, by Key Country
- 10.2.5.1 US: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.2.5.1.1 US: Current Sense Amplifier Market, By Sensing Type
- 10.2.5.1.2 US: Current Sense Amplifier Market, By Current Direction
- 10.2.5.1.3 US: Current Sense Amplifier Market, By End User
- 10.2.5.2 Canada: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.2.5.2.1 Canada: Current Sense Amplifier Market, By Sensing Type
- 10.2.5.2.2 Canada: Current Sense Amplifier Market, By Current Direction
- 10.2.5.2.3 Canada: Current Sense Amplifier Market, By End User
- 10.2.5.3 Mexico: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.2.5.3.1 Mexico: Current Sense Amplifier Market, By Sensing Type
- 10.2.5.3.2 Mexico: Current Sense Amplifier Market, By Current Direction
- 10.2.5.3.3 Mexico: Current Sense Amplifier Market, By End User
- 10.3 Europe: Current Sense Amplifier
- 10.3.1 Europe: Current Sense Amplifier Market- Revenue, and Forecast to 2030 (US$ Million)
- 10.3.2 Europe: Current Sense Amplifier Market, By Sensing Type
- 10.3.3 Europe: Current Sense Amplifier Market, By Current Direction
- 10.3.4 Europe: Current Sense Amplifier Market, By End User
- 10.3.5 Europe: Current Sense Amplifier Market, by Key Country
- 10.3.5.1 Germany: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.1.1 Germany: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.1.2 Germany: Current Sense Amplifier Market, By Current Direction
- 10.3.5.1.3 Germany: Current Sense Amplifier Market, By End User
- 10.3.5.2 France: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.2.1 France: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.2.2 France: Current Sense Amplifier Market, By Current Direction
- 10.3.5.2.3 France: Current Sense Amplifier Market, By End User
- 10.3.5.3 Italy: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.3.1 Italy: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.3.2 Italy: Current Sense Amplifier Market, By Current Direction
- 10.3.5.3.3 Italy: Current Sense Amplifier Market, By End User
- 10.3.5.4 UK: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.4.1 UK: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.4.2 UK: Current Sense Amplifier Market, By Current Direction
- 10.3.5.4.3 UK: Current Sense Amplifier Market, By End User
- 10.3.5.5 Russia: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.5.1 Russia: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.5.2 Russia: Current Sense Amplifier Market, By Current Direction
- 10.3.5.5.3 Russia: Current Sense Amplifier Market, By End User
- 10.3.5.6 Rest of Europe: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.3.5.6.1 Rest of Europe: Current Sense Amplifier Market, By Sensing Type
- 10.3.5.6.2 Rest of Europe: Current Sense Amplifier Market, By Current Direction
- 10.3.5.6.3 Rest of Europe: Current Sense Amplifier Market, By End User
- 10.4 APAC: Current Sense Amplifier Market
- 10.4.1 Overview
- 10.4.2 Asia Pacific: Current Sense Amplifier Market- Revenue, and Forecast to 2030 (US$ Million)
- 10.4.3 Asia Pacific: Current Sense Amplifier Market, By Sensing Type
- 10.4.4 Asia Pacific: Current Sense Amplifier Market, By Current Direction
- 10.4.5 Asia Pacific: Current Sense Amplifier Market, By End User
- 10.4.6 Asia Pacific: Current Sense Amplifier Market, by Key Country
- 10.4.6.1 Taiwan: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.1.1 Taiwan: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.1.2 Taiwan: Current Sense Amplifier Market, By Current Direction
- 10.4.6.1.3 Taiwan: Current Sense Amplifier Market, By End User
- 10.4.6.2 China: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.2.1 China: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.2.2 China: Current Sense Amplifier Market, By Current Direction
- 10.4.6.2.3 China: Current Sense Amplifier Market, By End User
- 10.4.6.3 India: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.3.1 India: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.3.2 India: Current Sense Amplifier Market, By Current Direction
- 10.4.6.3.3 India: Current Sense Amplifier Market, By End User
- 10.4.6.4 Japan: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.4.1 Japan: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.4.2 Japan: Current Sense Amplifier Market, By Current Direction
- 10.4.6.4.3 Japan: Current Sense Amplifier Market, By End User
- 10.4.6.5 South Korea: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.5.1 South Korea: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.5.2 South Korea: Current Sense Amplifier Market, By Current Direction
- 10.4.6.5.3 South Korea: Current Sense Amplifier Market, By End User
- 10.4.6.6 Rest of APAC: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.4.6.6.1 Rest of APAC: Current Sense Amplifier Market, By Sensing Type
- 10.4.6.6.2 Rest of APAC: Current Sense Amplifier Market, By Current Direction
- 10.4.6.6.3 Rest of APAC: Current Sense Amplifier Market, By End User
- 10.5 MEA: Current Sense Amplifier Market
- 10.5.1 Overview
- 10.5.2 MEA: Current Sense Amplifier Market- Revenue, and Forecast to 2030 (US$ Million)
- 10.5.3 MEA: Current Sense Amplifier Market, By Sensing Type
- 10.5.4 MEA: Current Sense Amplifier Market, By Current Direction
- 10.5.5 MEA: Current Sense Amplifier Market, By End User
- 10.5.6 Middle East and Africa: Current Sense Amplifier Market, by Key Country
- 10.5.6.1 South Africa: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.5.6.1.1 South Africa: Current Sense Amplifier Market, By Sensing Type
- 10.5.6.1.2 South Africa: Current Sense Amplifier Market, By Current Direction
- 10.5.6.1.3 South Africa: Current Sense Amplifier Market, By End User
- 10.5.6.2 Saudi Arabia: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.5.6.2.1 Saudi Arabia: Current Sense Amplifier Market, By Sensing Type
- 10.5.6.2.2 Saudi Arabia: Current Sense Amplifier Market, By Current Direction
- 10.5.6.2.3 Saudi Arabia: Current Sense Amplifier Market, By End User
- 10.5.6.3 UAE: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.5.6.3.1 UAE: Current Sense Amplifier Market, By Sensing Type
- 10.5.6.3.2 UAE: Current Sense Amplifier Market, By Current Direction
- 10.5.6.3.3 UAE: Current Sense Amplifier Market, By End User
- 10.5.6.4 Rest of MEA: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.5.6.4.1 Rest of MEA: Current Sense Amplifier Market, By Sensing Type
- 10.5.6.4.2 Rest of MEA: Current Sense Amplifier Market, By Current Direction
- 10.5.6.4.3 Rest of MEA: Current Sense Amplifier Market, By End User
- 10.6 SAM: Current Sense Amplifier
- 10.6.1 SAM: Current Sense Amplifier Market- Revenue, and Forecast to 2030 (US$ Million)
- 10.6.2 SAM: Current Sense Amplifier Market, By Sensing Type
- 10.6.3 SAM: Current Sense Amplifier Market, By Current Direction
- 10.6.4 SAM: Current Sense Amplifier Market, By End User
- 10.6.5 SAM: Current Sense Amplifier Market, by Key Country
- 10.6.5.1 Brazil: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.6.5.1.1 Brazil: Current Sense Amplifier Market, By Sensing Type
- 10.6.5.1.2 Brazil: Current Sense Amplifier Market, By Current Direction
- 10.6.5.1.3 Brazil: Current Sense Amplifier Market, By End User
- 10.6.5.2 Argentina: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.6.5.2.1 Argentina: Current Sense Amplifier Market, By Sensing Type
- 10.6.5.2.2 Argentina: Current Sense Amplifier Market, By Current Direction
- 10.6.5.2.3 Argentina: Current Sense Amplifier Market, By End User
- 10.6.5.3 Rest of SAM: Current Sense Amplifier Market- Revenue and Forecast to 2030 (US$ Million)
- 10.6.5.3.1 Rest of SAM: Current Sense Amplifier Market, By Sensing Type
- 10.6.5.3.2 Rest of SAM: Current Sense Amplifier Market, By Current Direction
- 10.6.5.3.3 Rest of SAM: Current Sense Amplifier Market, By End User
11. Impact of COVID-19 Pandemic on Current Sense Amplifier Market
- 11.1 Overview
- 11.2 North America: Impact Assessment of COVID-19 Pandemic
- 11.3 Europe: Impact Assessment of COVID-19 Pandemic
- 11.4 APAC: Impact Assessment of COVID-19 Pandemic
- 11.5 MEA: Impact Assessment of COVID-19 Pandemic
- 11.6 SAM Impact Assessment of the COVID-19 Pandemic
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Product Development
13. Company Profiles
- 13.1 Analog Devices Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Microchip Technology Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 SG Micro Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 SWOT Analysis
- 13.3.5 Key Developments
- 13.4 Renesas Electronics Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 ROHM Co Ltd
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 On Semiconductor Corp
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Monolithic Power Systems Inc
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Semtech Corp
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 STMicroelectronics NV
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Texas Instruments Inc
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
14. Appendix
- 14.1 About The Insight Partners
- 14.2 Word Index