The global market for Electric Vehicle Battery Current Sensor was estimated to be worth US$ 273 million in 2024 and is forecast to a readjusted size of US$ 799 million by 2031 with a CAGR of 17.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Electric Vehicle Battery Current Sensor cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 aims to provide a comprehensive presentation of the global market for Electric Vehicle Battery Current Sensor, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Vehicle Battery Current Sensor by region & country, by Type, and by Application.
The Electric Vehicle Battery Current Sensor market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Battery Current Sensor.
Market Segmentation
By Company
- 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
Segment by Type
- Hall Based Current Sensor
- Shunt Based Current Sensor
- Others
Segment by Application
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electric Vehicle Battery Current Sensor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electric Vehicle Battery Current Sensor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Vehicle Battery Current Sensor in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Electric Vehicle Battery Current Sensor Product Introduction
- 1.2 Global Electric Vehicle Battery Current Sensor Market Size Forecast
- 1.2.1 Global Electric Vehicle Battery Current Sensor Sales Value (2020-2031)
- 1.2.2 Global Electric Vehicle Battery Current Sensor Sales Volume (2020-2031)
- 1.2.3 Global Electric Vehicle Battery Current Sensor Sales Price (2020-2031)
- 1.3 Electric Vehicle Battery Current Sensor Market Trends & Drivers
- 1.3.1 Electric Vehicle Battery Current Sensor Industry Trends
- 1.3.2 Electric Vehicle Battery Current Sensor Market Drivers & Opportunity
- 1.3.3 Electric Vehicle Battery Current Sensor Market Challenges
- 1.3.4 Electric Vehicle Battery Current Sensor Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Electric Vehicle Battery Current Sensor Players Revenue Ranking (2024)
- 2.2 Global Electric Vehicle Battery Current Sensor Revenue by Company (2020-2025)
- 2.3 Global Electric Vehicle Battery Current Sensor Players Sales Volume Ranking (2024)
- 2.4 Global Electric Vehicle Battery Current Sensor Sales Volume by Company Players (2020-2025)
- 2.5 Global Electric Vehicle Battery Current Sensor Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Electric Vehicle Battery Current Sensor Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Electric Vehicle Battery Current Sensor Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Electric Vehicle Battery Current Sensor
- 2.9 Electric Vehicle Battery Current Sensor Market Competitive Analysis
- 2.9.1 Electric Vehicle Battery Current Sensor Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Electric Vehicle Battery Current Sensor Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Vehicle Battery Current Sensor as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Hall Based Current Sensor
- 3.1.2 Shunt Based Current Sensor
- 3.1.3 Others
- 3.2 Global Electric Vehicle Battery Current Sensor Sales Value by Type
- 3.2.1 Global Electric Vehicle Battery Current Sensor Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Electric Vehicle Battery Current Sensor Sales Value, by Type (2020-2031)
- 3.2.3 Global Electric Vehicle Battery Current Sensor Sales Value, by Type (%) (2020-2031)
- 3.3 Global Electric Vehicle Battery Current Sensor Sales Volume by Type
- 3.3.1 Global Electric Vehicle Battery Current Sensor Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Electric Vehicle Battery Current Sensor Sales Volume, by Type (2020-2031)
- 3.3.3 Global Electric Vehicle Battery Current Sensor Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Electric Vehicle Battery Current Sensor Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 BEV
- 4.1.2 HEVs
- 4.1.3 PHEVs
- 4.1.4 Others
- 4.2 Global Electric Vehicle Battery Current Sensor Sales Value by Application
- 4.2.1 Global Electric Vehicle Battery Current Sensor Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Electric Vehicle Battery Current Sensor Sales Value, by Application (2020-2031)
- 4.2.3 Global Electric Vehicle Battery Current Sensor Sales Value, by Application (%) (2020-2031)
- 4.3 Global Electric Vehicle Battery Current Sensor Sales Volume by Application
- 4.3.1 Global Electric Vehicle Battery Current Sensor Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Electric Vehicle Battery Current Sensor Sales Volume, by Application (2020-2031)
- 4.3.3 Global Electric Vehicle Battery Current Sensor Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Electric Vehicle Battery Current Sensor Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Electric Vehicle Battery Current Sensor Sales Value by Region
- 5.1.1 Global Electric Vehicle Battery Current Sensor Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Electric Vehicle Battery Current Sensor Sales Value by Region (2020-2025)
- 5.1.3 Global Electric Vehicle Battery Current Sensor Sales Value by Region (2026-2031)
- 5.1.4 Global Electric Vehicle Battery Current Sensor Sales Value by Region (%), (2020-2031)
- 5.2 Global Electric Vehicle Battery Current Sensor Sales Volume by Region
- 5.2.1 Global Electric Vehicle Battery Current Sensor Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Electric Vehicle Battery Current Sensor Sales Volume by Region (2020-2025)
- 5.2.3 Global Electric Vehicle Battery Current Sensor Sales Volume by Region (2026-2031)
- 5.2.4 Global Electric Vehicle Battery Current Sensor Sales Volume by Region (%), (2020-2031)
- 5.3 Global Electric Vehicle Battery Current Sensor Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 5.4.2 North America Electric Vehicle Battery Current Sensor Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 5.5.2 Europe Electric Vehicle Battery Current Sensor Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 5.6.2 Asia Pacific Electric Vehicle Battery Current Sensor Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 5.7.2 South America Electric Vehicle Battery Current Sensor Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Electric Vehicle Battery Current Sensor Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Electric Vehicle Battery Current Sensor Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Electric Vehicle Battery Current Sensor Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Electric Vehicle Battery Current Sensor Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.3.2 United States Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.4.2 Europe Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.5.2 China Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.6.2 Japan Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.7.2 South Korea Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.8.2 Southeast Asia Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Electric Vehicle Battery Current Sensor Sales Value, 2020-2031
- 6.9.2 India Electric Vehicle Battery Current Sensor Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Electric Vehicle Battery Current Sensor Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 LEM Holding
- 7.1.1 LEM Holding Company Information
- 7.1.2 LEM Holding Introduction and Business Overview
- 7.1.3 LEM Holding Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 LEM Holding Electric Vehicle Battery Current Sensor Product Offerings
- 7.1.5 LEM Holding Recent Development
- 7.2 Allegro Microsystems
- 7.2.1 Allegro Microsystems Company Information
- 7.2.2 Allegro Microsystems Introduction and Business Overview
- 7.2.3 Allegro Microsystems Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Allegro Microsystems Electric Vehicle Battery Current Sensor Product Offerings
- 7.2.5 Allegro Microsystems Recent Development
- 7.3 Melexis
- 7.3.1 Melexis Company Information
- 7.3.2 Melexis Introduction and Business Overview
- 7.3.3 Melexis Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Melexis Electric Vehicle Battery Current Sensor Product Offerings
- 7.3.5 Melexis Recent Development
- 7.4 TDK Micronas
- 7.4.1 TDK Micronas Company Information
- 7.4.2 TDK Micronas Introduction and Business Overview
- 7.4.3 TDK Micronas Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 TDK Micronas Electric Vehicle Battery Current Sensor Product Offerings
- 7.4.5 TDK Micronas Recent Development
- 7.5 Honeywell International Inc.
- 7.5.1 Honeywell International Inc. Company Information
- 7.5.2 Honeywell International Inc. Introduction and Business Overview
- 7.5.3 Honeywell International Inc. Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Honeywell International Inc. Electric Vehicle Battery Current Sensor Product Offerings
- 7.5.5 Honeywell International Inc. Recent Development
- 7.6 Robert Bosch GmbH
- 7.6.1 Robert Bosch GmbH Company Information
- 7.6.2 Robert Bosch GmbH Introduction and Business Overview
- 7.6.3 Robert Bosch GmbH Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Robert Bosch GmbH Electric Vehicle Battery Current Sensor Product Offerings
- 7.6.5 Robert Bosch GmbH Recent Development
- 7.7 DENSO
- 7.7.1 DENSO Company Information
- 7.7.2 DENSO Introduction and Business Overview
- 7.7.3 DENSO Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 DENSO Electric Vehicle Battery Current Sensor Product Offerings
- 7.7.5 DENSO Recent Development
- 7.8 Continental
- 7.8.1 Continental Company Information
- 7.8.2 Continental Introduction and Business Overview
- 7.8.3 Continental Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Continental Electric Vehicle Battery Current Sensor Product Offerings
- 7.8.5 Continental Recent Development
- 7.9 Sinomags Technology
- 7.9.1 Sinomags Technology Company Information
- 7.9.2 Sinomags Technology Introduction and Business Overview
- 7.9.3 Sinomags Technology Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Sinomags Technology Electric Vehicle Battery Current Sensor Product Offerings
- 7.9.5 Sinomags Technology Recent Development
- 7.10 Kohshin Electric Corporation
- 7.10.1 Kohshin Electric Corporation Company Information
- 7.10.2 Kohshin Electric Corporation Introduction and Business Overview
- 7.10.3 Kohshin Electric Corporation Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Kohshin Electric Corporation Electric Vehicle Battery Current Sensor Product Offerings
- 7.10.5 Kohshin Electric Corporation Recent Development
- 7.11 BYD
- 7.11.1 BYD Company Information
- 7.11.2 BYD Introduction and Business Overview
- 7.11.3 BYD Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 BYD Electric Vehicle Battery Current Sensor Product Offerings
- 7.11.5 BYD Recent Development
- 7.12 CRRC
- 7.12.1 CRRC Company Information
- 7.12.2 CRRC Introduction and Business Overview
- 7.12.3 CRRC Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 CRRC Electric Vehicle Battery Current Sensor Product Offerings
- 7.12.5 CRRC Recent Development
- 7.13 Nicera
- 7.13.1 Nicera Company Information
- 7.13.2 Nicera Introduction and Business Overview
- 7.13.3 Nicera Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Nicera Electric Vehicle Battery Current Sensor Product Offerings
- 7.13.5 Nicera Recent Development
- 7.14 Shanghai Baolong Automotive Corporation
- 7.14.1 Shanghai Baolong Automotive Corporation Company Information
- 7.14.2 Shanghai Baolong Automotive Corporation Introduction and Business Overview
- 7.14.3 Shanghai Baolong Automotive Corporation Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Shanghai Baolong Automotive Corporation Electric Vehicle Battery Current Sensor Product Offerings
- 7.14.5 Shanghai Baolong Automotive Corporation Recent Development
- 7.15 Innosense
- 7.15.1 Innosense Company Information
- 7.15.2 Innosense Introduction and Business Overview
- 7.15.3 Innosense Electric Vehicle Battery Current Sensor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Innosense Electric Vehicle Battery Current Sensor Product Offerings
- 7.15.5 Innosense Recent Development
8 Industry Chain Analysis
- 8.1 Electric Vehicle Battery Current Sensor Industrial Chain
- 8.2 Electric Vehicle Battery Current Sensor Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Electric Vehicle Battery Current Sensor Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Electric Vehicle Battery Current Sensor Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer