According to our (Global Info Research) latest study, the global Current Sensing Module market size was valued at US$ 2012 million in 2025 and is forecast to a readjusted size of US$ 3826 million by 2032 with a CAGR of 9.6% during review period.
Current Sensing Modules are functional modules that integrate current sensing elements (such as Hall-effect sensors, magnetoresistive sensors, shunt resistors, or fluxgate sensing units) with signal conditioning, amplification and isolation circuits, temperature compensation, and interface electronics to accurately measure and monitor AC or DC currents. Delivered in modular form, these products offer high accuracy, fast response, strong reliability, and ease of system integration, and are widely used in new energy vehicles, power supplies and inverters, industrial automation, energy storage systems, and power electronic equipment.
The growth of the current sensing module market is primarily driven by increasing electrification and the rising complexity of power electronic systems. Applications such as new energy vehicles, photovoltaics and energy storage, charging infrastructure, and industrial drives require higher accuracy, safety, and real-time current monitoring, accelerating the transition from discrete sensors to highly integrated modular solutions. At the same time, higher power density increases requirements for electrical isolation, noise immunity, and thermal stability, making module-based solutions more attractive for OEMs seeking consistency, reliability, and faster system integration. In addition, carbon neutrality policies, smart grid development, and the adoption of advanced power semiconductors such as SiC and GaN are further expanding the application scope of high-performance current sensor modules in new energy and advanced industrial markets.
This report is a detailed and comprehensive analysis for global Current Sensing Module market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Current Sensing Module market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K Units), 2021-2032
Global Current Sensing Module market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K Units), 2021-2032
Global Current Sensing Module market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K Units), 2021-2032
Global Current Sensing Module market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K Units), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Current Sensing Module
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Current Sensing Module market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LEM Holding, Honeywell, Sinomags, Pulse Electronics (YAGEO), Kohshin Electric Corporation, Tamura, Littelfuse, Nicera, BYD, Hongfa Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Current Sensing Module market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hall Current Sensor
Shunt Based Current Sensor
xMR Current Sensor
Current Transformer
Fluxgate Current Sensor
Others
Market segment by Isolation Type
Isolated
Non-isolated
Market segment by Current Type
DC
AC
AC/DC
Market segment by Application
Industrial
Automotive
Commercial
Others
Major players covered
LEM Holding
Honeywell
Sinomags
Pulse Electronics (YAGEO)
Kohshin Electric Corporation
Tamura
Littelfuse
Nicera
BYD
Hongfa Technology
CRRC
MultiDimension Technology
Innosense
Shanghai Baolong Automotive Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Current Sensing Module product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Current Sensing Module, with price, sales quantity, revenue, and global market share of Current Sensing Module from 2021 to 2026.
Chapter 3, the Current Sensing Module competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Current Sensing Module breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Current Sensing Module market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Current Sensing Module.
Chapter 14 and 15, to describe Current Sensing Module sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Current Sensing Module. Industry analysis & Market Report on Current Sensing Module is a syndicated market report, published as Global Current Sensing Module Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Current Sensing Module market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.