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Global Electric Vehicle Battery Current Sensor Market 2017-2021

Global Electric Vehicle Battery Current Sensor Market 2017-2021

About Electric Vehicle Battery Current Sensor

Battery current sensors are used to measure the flow of electricity in and out of EV batteries. They are used in EVs to calculate the battery status, i.e., the amount that the battery has charged or the remaining battery capacity or time left to charge the battery. The performance of EV battery depends upon the battery sensor. EV battery current sensor market is analyzed based on the number of EVs and HEVs present in the market and the number of battery current sensors used in EVs and HEVs. Automotive electronics, such as microprocessor-based automotive engine control modules, are being used in the automotive domain since the 1970s.

Technavio’s analysts forecast the global electric vehicle battery current sensor market to grow at a CAGR of 41.63% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric vehicle battery current sensor market for 2017-2021. To calculate the market size, the report considers the revenue generated from sale of battery current sensors used in EVs and HEVs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electric Vehicle Battery Current Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DENSO
  • Delphi Automotive
  • Continental
  • TE Connectivity
Other prominent vendors
  • Allegro MicroSystems
  • Asahi Kasei Microdevices
  • BYD Company
  • KOHSHIN ELECTRIC
  • Standard Motor Products
Market driver
  • Improved cell performance in EV batteries will improve the performance of EVs and reduce their price
  • For a full, detailed list, view our report
Market challenge
  • Current sensor failure leads to failure of BMS
  • For a full, detailed list, view our report
Market trend
  • Customer programmable monolithic sensor integrated circuit (IC) featuring Triaxis technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Vehicle Battery Current Sensor Market 2017-2021

Technavio recognizes the following companies as the key players in the global electric vehicle battery current sensor market: DENSO, Delphi Automotive, Continental, and TE Connectivity

Other Prominent Vendors in the market are: Allegro MicroSystems, Asahi Kasei Microdevices, BYD Company, KOHSHIN ELECTRIC, and Standard Motor Products.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Customer programmable monolithic sensor integrated circuit (IC) featuring Triaxis technology. The customer programmable monolithic sensor IC featuring the Triaxis technology provides new opportunities for contactless current sensing in renewable energy applications, HEVs, and EVs. With the help of this sensor, users can construct small and economical battery current sensor solutions with fast response time.”

According to the report, one of the major drivers for this market is Improved cell performance in EV batteries will improve the performance of EVs and reduce their price. Though economic and environmental factors are in favor of EVs, the main limitation in the adoption of EVs is the battery technology. The scalability and micro-level manufacturing tolerance enjoyed by silicon chips are not enjoyed by lithium ion batteries. Lithium is a highly unstable element due to which lithium ion batteries are fire hazardous. They are prone to overheating and catching fire. Constant monitoring of cells is required to prevent the lithium ion batteries in EVs from catching fire. This requires numerous voltage sensors and a current sensor.

Further, the report states that one of the major factors hindering the growth of this market is Current sensor failure leads to failure of BMS. A BMS is essential to operate EVs and HEVs effectively in all climates. The life and cost of EVs and HEVs depend upon the battery performance. The availability of discharge power is influenced by the battery temperature during energy recovery from regenerative braking.

Companies Mentioned

DENSO, Delphi Automotive, Continental, and TE Connectivity, Allegro MicroSystems, Asahi Kasei Microdevices, BYD Company, KOHSHIN ELECTRIC, and Standard Motor Products.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Automotive sensors: Overview
    • Automotive sensors: Historical brief
      • Table Types of Evs
      • Table Types of current sensors
  • Market landscape
    • Market overview
      • Table Segmentation of EV battery current sensor market by geography and application
    • Global EV battery current sensor market
      • Table Global EV battery current sensor market 2016-2021 ($ billions)
    • Value chain analysis
      • Table Value chain analysis of motorcycle chains
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market Overview
      • Table Global EV battery current sensor market by application in 2016 and 2021 (%)
      • Table Global EV battery current sensor market by application 2016-2021 (% share)
    • Global EV battery current sensor market by Full EVs
      • Table Global EV battery current sensor market by full EVs 2016- 2021 ($ billions)
    • Global EV battery current sensor market by HEVs
      • Table Global EV battery current sensor market by HEVs 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table EV battery current sensor market by geography 2016 (% share)
      • Table EV battery current sensor market by geography 2021 (% share)
      • Table EV battery current sensor market segmentation by geography 2016-2021 (% share)
    • EV battery current sensor market in APAC
      • Table EV battery current sensor in APAC 2016-2021 ($ billions)
    • EV battery current sensor market in Americas
      • Table EV battery current sensor market in Americas 2016-2021 ($ billions)
    • EV battery current sensor market in EMEA
      • Table EV battery current sensor in EMEA 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Customer programmable monolithic sensor integrated circuit (IC) featuring Triaxis technology
    • TE Connectivity's new coreless current sensor
    • Optical fiber sensors that reduce size and cost of EV batteries
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • DENSO
      • Table DENSO: Business segmentation by revenue 2016
      • Table DENSO: Product portfolio
      • Table DENSO: Product portfolio for electric and hybrid vehicles
      • Table DENSO: Recent developments
    • Delphi Automotive
      • Table Delphi Automotive: Business segmentation by sales by region 2016
      • Table Delphi Automotive: Business segmentation by sales percentage by end segments in2016
      • Table Delphi Automotive: Product portfolio
      • Table Delphi Automotive: Product portfolio
      • Table Delphi Automotive: Recent developments
    • Continental
      • Table Continental: Geographic segmentation by market share 2016
      • Table Continental: Business segmentation by market share 2016
      • Table Continental: Product portfolio
      • Table Continental: Recent developments
    • TE Connectivity
      • Table TE Connectivity: Business segmentation by revenue 2016 (%)
      • Table TE Connectivity: Business segmentation by region 2016 (%)
      • Table TE Connectivity: Product portfolio
      • Table TE Connectivity: Transportation solutions business segmentation by market share(%)
      • Table TE Connectivity: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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