Current Transducer Market Size, Share, Growth, Trends, Analysis and Forecast – 2026

Current Transducer Market was valued at USD 563.2 Million in 2017 and is projected to reach USD 683.7 Million by 2026, at a CAGR of 3% during the forecast period.

A transducer is a device that converts energy from one form to another. In general, a current converter is a converter that converts an alternating current or direct current signal into an analog measurement signal. The current converter consists of four parts: sensitive parts, conversion parts, conversion circuits, and power circuits.

Major players operating in the market include LEM (Switzerland), CR Magnetic (US), NK Technologies (US), Veris Industries (US), and Phoenix Contact (US).

By Technology

• Open Loop
• Closed Loop

By Application

• Motor Drive
• Battery Management
• UPS & SMPS
• Converter & Inverter
• Others

Scope of the Report

The research study analyzes the global Current Transducer industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Current Transducer Market Report

1. What was the Current Transducer Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2026).

2. What will be the CAGR of Current Transducer Market during the forecast period (2019-2026)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2026).

4. Which manufacturer/vendor/players in the Current Transducer Market was the market leader in 2018?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.