Global Current Transducer Market was valued at US$ 550.30. Mn in 2019 and is expected to reach US$ 720.50Mn by 2026, at a CAGR of 3.43% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

To know about the Research Methodology :- Request Free Sample Report

A current transducer looks nearly like a current transformer. These are used in industries where the need for monitoring motor or heater loads. It is integrated with circuitry to generate a low-level DC signal base on the AC amps.

A shift towards adoption of the renewable resources, the rising usage of electric vehicles and industrial automation is driving the growth of the global current transducer market. Furthermore, the increasing adoption of integrated circuits is limiting the growth of the market.

The converter & inverter segment is expected to share significant growth in the global transducer market during the forecast period. The converters & inverters are used to convert DC power to AC power and vice versa. The increasing adoption of renewable technology is driving the demand for the converter & inverter segment. In power generation application, where power is generated through renewable sources converters & inverters plays an important role. The generated power has to be stored or transformed into another form. Converters & inverters are widely used for the conversion of power. Increasing demand for renewable energy sources across the globe is driving the market for current transducers.

The report provides a detailed overview of the Global Current Transducer Market including regional analysis information. Geographically, Asia Pacific is expected to hold a significant share in the global current transducer market. The growth is attributed to the increasing adoption of renewable energy sources, electric vehicles. Rapid industrialization, demand for the control & monitoring systems, and increasing adoption of industrial automation are expected to boost the demand for a current transducer in this region.

The key market players profiled and analyzed in the reports include such as ABB, LEM, CR Magnetic, Veris Industries, Siemens, Hobut, IME, Texas Instrument, Phoenix Contact, Johnson Controls, NK Technologies, American Aerospace Control (CR), Topstek, Honeywell International Inc., Melexis NV, Allegro Micro Systems, LLC, TDK Corporation, Asahi Kasei Microdevices Corporation, Kohshin Electric Corporation, LEM Holding SA, Electrohms Pvt Ltd, Vacuumschmelze GmbH &Co. KG, Pulse Electronics Corporation, Magnesensor Technology, American Aerospace Controls, Infineon Technologies Ag and Kohshin Electric Corporation.

The report gives a clear representation of the current market scenario of the Global Current Transducer Market, which includes projected market size in terms of value and volume, pestle analysis, porter’s analysis factors in the market.
The Scope of the Report for Global Current Transducer Market: Inquire before buying

Global Current Transducer Market, by Technology

• Open Loop
• Close Loop
Global Current Transducer Market, by Application

• Motor Drive
• Battery Management
• UPS & SMPS
• Converter & Inverter
Global Current Transducer Market, by End-User

• Industrial
• Renewables
• Automotive
• Residential
• Commercial
Global Current Transducer Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Current Transducer Market

• ABB
• LEM
• CR Magnetic
• Veris Industries
• Siemens
• Hobut
• IME
• Texas Instrument
• Phoenix Contact
• Johnson Controls
• NK Technologies
• American Aerospace Control (CR)
• Topstek
• Honeywell International Inc.,
• Melexis NV
This report submitted by Maximize market Research Company
Customization of the report:
Maximize MarketResearch provides free personalized of reports as per your demand.This reportcan be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.
Contact: +919607195908

For more information to visit

https://www.maximizemarketresearch.com/market-report/global-current...