Press release
Global Electric Vehicle Battery Current Sensor Market Will Hit At CAGR Of 41.63% During Years 2017-2021
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.
Technavios analysts forecast the global electric vehicle battery current sensor market to grow at a CAGR of 41.63% during the period 2017-2021.
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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.
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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?
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