According to our (Global Info Research) latest study, the global Lithium-ion Battery Current Sensors market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Lithium-ion Battery Current Sensors are specialized sensors designed to measure and monitor the electric current flowing in and out of lithium-ion batteries or battery packs. These sensors play a crucial role in battery management systems (BMS) and other applications where precise current monitoring is essential for ensuring the safe and efficient operation of lithium-ion batteries.
The market for Lithium-ion Battery Current Sensors is driven by several key factors and trends, reflecting the growing importance of lithium-ion batteries in various industries and the need for precise current monitoring and management. Here are some of the key drivers of this market:
Rapid Growth of Electric Vehicles (EVs): The global shift toward electric mobility, including electric cars, buses, and bikes, has significantly increased the demand for lithium-ion batteries. Battery current sensors are crucial in EVs for monitoring charging and discharging currents, optimizing battery performance, and ensuring safety.
Expanding Renewable Energy Sector: The renewable energy sector, including solar and wind power, relies on lithium-ion batteries to store and deliver energy efficiently. Current sensors are essential for monitoring energy flow in energy storage systems, which are increasingly integrated into the grid.
Proliferation of Portable Electronics: The widespread use of lithium-ion batteries in smartphones, laptops, tablets, wearables, and other portable devices has driven the need for current sensors to monitor battery health, optimize charging, and extend battery life.
Energy Storage Solutions: The growth of energy storage solutions, both in residential and commercial settings, requires precise current monitoring to manage the flow of energy in and out of battery systems, ensuring reliable and efficient operation.
Battery Safety and Thermal Management: Battery safety is a paramount concern, particularly in high-energy-density applications. Current sensors help monitor and control the current flow, contributing to safer battery operation and thermal management.
Emerging IoT and IIoT Applications: The Internet of Things (IoT) and Industrial Internet of Things (IIoT) industries rely on lithium-ion batteries to power sensors and devices. Current sensors are essential for monitoring the power consumption of IoT devices and ensuring efficient energy usage.
This report is a detailed and comprehensive analysis for global Lithium-ion Battery Current Sensors 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 Lithium-ion Battery Current Sensors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Battery Current Sensors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Battery Current Sensors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Battery Current Sensors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Lithium-ion Battery Current Sensors
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 Lithium-ion Battery Current Sensors 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 SA, Allegro Microsystems, LLC, Melexis NV, TDK Micronas, Honeywell International Inc., Robert Bosch GmbH, DENSO, Continental, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium-ion Battery Current Sensors market is split by Type and by Application. For the period 2020-2031, 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
PHEVs
Others
Major players covered
LEM Holding SA
Allegro Microsystems, LLC
Melexis NV
TDK Micronas
Honeywell International Inc.
Robert Bosch GmbH
DENSO
Continental
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 Lithium-ion Battery Current Sensors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium-ion Battery Current Sensors, with price, sales quantity, revenue, and global market share of Lithium-ion Battery Current Sensors from 2020 to 2025.
Chapter 3, the Lithium-ion Battery Current Sensors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium-ion Battery Current Sensors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Lithium-ion Battery Current Sensors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Lithium-ion Battery Current Sensors.
Chapter 14 and 15, to describe Lithium-ion Battery Current Sensors sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook