Global Electric Vehicle Battery Current Sensor Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
Description
According to our (Global Info Research) latest study, the global Electric Vehicle Battery Current Sensor market size was valued at US$ 311 million in 2025 and is forecast to a readjusted size of US$ 933 million by 2032 with a CAGR of 17.2% during review period.
The battery management system (BMS) for these vehicles carries out the important tasks of keeping the battery operating inside the safe operating area (SOA), monitoring power distribution, and keeping track of the state of charge (SoC). When the battery is the main source of energy for systems in HEVs/EVs, it is essential to have information about its charging and discharging cycles. Current sensors are the main source of information for charging and discharging cycle information by reporting the status of battery SOH to the battery management system. They may be located onboard or externally. For a typical battery, current sensors measure the current flowing into (when charging) or out of (when discharging) the battery.
The market for electric vehicle (EV) battery current sensors is primarily driven by the rapid growth of the EV industry and the increasing emphasis on battery performance and safety. As global policies promoting energy conservation and emission reduction take effect, along with rising consumer demand for sustainable transportation, EV sales have surged—directly boosting the demand for high-precision, high-reliability current sensors. These sensors are critical components of battery management systems (BMS), enabling real-time monitoring of charging and discharging currents to ensure battery safety, extend battery life, and optimize energy usage. In addition, ongoing advancements in battery technology and the trend toward vehicle intelligence are spurring innovation in sensor technologies. The EV sector’s strict requirements for longer driving range and faster charging further push manufacturers to invest in developing more accurate and stable current sensing solutions, thereby accelerating market expansion.
The key brands of Electric Vehicle Battery Current Sensor include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental and so on. Among them, LEM Holding SA, Allegro Microsystems, LLC, Melexis NV are top 3 players who account for around 45% global revenue market share in 2024.
This report is a detailed and comprehensive analysis for global Electric Vehicle Battery Current Sensor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Vehicle Battery Current Sensor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Vehicle Battery Current Sensor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Vehicle Battery Current Sensor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LEM Holding, Allegro Microsystems, Melexis, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental, Sinomags Technology, Kohshin Electric Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Vehicle Battery Current Sensor market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hall Based Current Sensor
Shunt Based Current Sensor
Others
Market segment by Application
BEV
HEVs
PHEVs
Others
Major players covered
LEM Holding
Allegro Microsystems
Melexis
TDK Micronas
Honeywell International Inc.
Robert Bosch GmbH
DENSO
Continental
Sinomags Technology
Kohshin Electric Corporation
BYD
CRRC
Nicera
Shanghai Baolong Automotive Corporation
Innosense
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle Battery Current Sensor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle Battery Current Sensor, with price, sales quantity, revenue, and global market share of Electric Vehicle Battery Current Sensor from 2021 to 2026.
Chapter 3, the Electric Vehicle Battery Current Sensor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle Battery Current Sensor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Electric Vehicle Battery Current Sensor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Battery Current Sensor.
Chapter 14 and 15, to describe Electric Vehicle Battery Current Sensor sales channel, distributors, customers, research findings and conclusion.
The battery management system (BMS) for these vehicles carries out the important tasks of keeping the battery operating inside the safe operating area (SOA), monitoring power distribution, and keeping track of the state of charge (SoC). When the battery is the main source of energy for systems in HEVs/EVs, it is essential to have information about its charging and discharging cycles. Current sensors are the main source of information for charging and discharging cycle information by reporting the status of battery SOH to the battery management system. They may be located onboard or externally. For a typical battery, current sensors measure the current flowing into (when charging) or out of (when discharging) the battery.
The market for electric vehicle (EV) battery current sensors is primarily driven by the rapid growth of the EV industry and the increasing emphasis on battery performance and safety. As global policies promoting energy conservation and emission reduction take effect, along with rising consumer demand for sustainable transportation, EV sales have surged—directly boosting the demand for high-precision, high-reliability current sensors. These sensors are critical components of battery management systems (BMS), enabling real-time monitoring of charging and discharging currents to ensure battery safety, extend battery life, and optimize energy usage. In addition, ongoing advancements in battery technology and the trend toward vehicle intelligence are spurring innovation in sensor technologies. The EV sector’s strict requirements for longer driving range and faster charging further push manufacturers to invest in developing more accurate and stable current sensing solutions, thereby accelerating market expansion.
The key brands of Electric Vehicle Battery Current Sensor include LEM Holding SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental and so on. Among them, LEM Holding SA, Allegro Microsystems, LLC, Melexis NV are top 3 players who account for around 45% global revenue market share in 2024.
This report is a detailed and comprehensive analysis for global Electric Vehicle Battery Current Sensor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Vehicle Battery Current Sensor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle Battery Current Sensor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Vehicle Battery Current Sensor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Vehicle Battery Current Sensor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LEM Holding, Allegro Microsystems, Melexis, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental, Sinomags Technology, Kohshin Electric Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Vehicle Battery Current Sensor market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hall Based Current Sensor
Shunt Based Current Sensor
Others
Market segment by Application
BEV
HEVs
PHEVs
Others
Major players covered
LEM Holding
Allegro Microsystems
Melexis
TDK Micronas
Honeywell International Inc.
Robert Bosch GmbH
DENSO
Continental
Sinomags Technology
Kohshin Electric Corporation
BYD
CRRC
Nicera
Shanghai Baolong Automotive Corporation
Innosense
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle Battery Current Sensor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle Battery Current Sensor, with price, sales quantity, revenue, and global market share of Electric Vehicle Battery Current Sensor from 2021 to 2026.
Chapter 3, the Electric Vehicle Battery Current Sensor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle Battery Current Sensor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Electric Vehicle Battery Current Sensor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Battery Current Sensor.
Chapter 14 and 15, to describe Electric Vehicle Battery Current Sensor sales channel, distributors, customers, research findings and conclusion.
Table of Contents
120 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Electric Vehicle Battery Current Sensor by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
