08-02-2017 01:47 PM CET - IT, New Media & Software

Industrial Current Sensor Industry Business Overview, Analysis and Growth 2017-2021

Press release from: Big-Research

Big Market Research added a report on “Global Industrial Current Sensor Market 2017-2021”

About Industrial Current Sensor
Current sensors market can read determine the type of current that is AC or DC, after which they generate analog or digital signals. Current sensors detect and convert an electric current to an output voltage that can easily be measured. Current sensors work on two current levels that are AC and DC. The current sensing process through DC involves measuring the drop-in voltage, which is associated with the current passing through passive electrical components. While in AC, the measurement of the magnetic field surrounding the conductor takes place through which the AC current passes. These are the two most basic principles on which the current sensors.

Technavio’s analysts forecast the global industrial current sensor market to grow at a CAGR of 9.58% during the period 2017-2021.
Covered in this report

The report covers the present scenario and the growth prospects of the global industrial current sensor market for 2017-2021. To calculate the market size, the report considers the new installations, sales, replacement, retrofit and services market.

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The market is divided into the following segments based on geography:
• Europe
• North America

Global Industrial 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
Infineon Technologies
Allegro MicroSystems
Other prominent vendors
Shenzhen Socan Technology
DENT Instruments

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Market driver
Current sensors are easy to integrate with existing applications
For a full, detailed list, view our report
Market challenge
Connectivity challenges of current sensors
For a full, detailed list, view our report
Market trend
Rising adoption of IIoT
For a full, detailed list, view our report

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