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Current Sense Amplifier Market Size Forecast (2023-2030)

Current Sense Amplifier Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Sensing Type (High-Side Sensing and Low-Side Sensing), Current Direction (Unidirectional and Bidirectional), and End User (Electronics, Automotive, Telecommunications, Industrial), and Geography

  • Report Code : TIPRE00019446
  • Category : Electronics and Semiconductor
  • No. of Pages : 173
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The current sense amplifier market size is expected to grow from US$ 3.66 billion in 2023 to US$ 5.97 billion by 2030; it is estimated to record a CAGR of 7.2% from 2023 to 2030. Miniaturization of components and high-precision sensing are likely to remain a key trend in the market.

Current Sense Amplifier Market Analysis

In today's ever-changing electronic scene, there has never been a greater demand for efficient power management and accurate current monitoring. As circuits become more complicated and power-hungry, the demand for precision current sensing systems has grown. Current Sense Amplifiers (CSAs) have developed as a critical component in meeting this demand, providing engineers with a diverse and dependable way to monitor current flow in their designs.

Current Sense Amplifier Market Overview

In the current changing industrial landscape, the current sense amplifiers find major applications in designing a power-efficient mobile device, an advanced motor control system, or a cutting-edge factory automation solution. Their demand is continuously increasing in the abovementioned applications for optimizing project efficiency, safety and reliability.

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Current Sense Amplifier Market: Strategic Insights

Market Size Value inUS$ 3.66 Billion in 2023
Market Size Value byUS$ 5.97 Billion by 2030
Growth rateCAGR of 7.2% from 2023 to 2030
Forecast Period2022-2030
Historic Period2020-2021
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Current Sense Amplifier Market Drivers and Opportunities

Power Management in Portable Devices to Favor the Market

Portable gadgets, such as smartphones and tablets, require smaller form factors and lower power usage. They are becoming increasingly complicated and feature-rich. The difficulty with this tendency is the rapid decrease in available space and power for each function. For portable device battery life management, current sense amplifiers prove to be simple and high precision, space-saving and ultra-low power devices. Many mobile phones use current sensing to increase battery life and dependability. This is driving the demand in the market.

Rising Applications in Renewable Energy Harvesting

Among the various technologies used in energy harvesting, capacitors and current-sense amplifiers frequently play a significant part in the system's long-term performance. Current-sense amplifiers are more commonly used in energy harvesting than differential amplifiers since they work at input levels that exceed their supply voltage. They also require no resistor network for attenuating high-voltage input levels and can use modest shunt resistors to reduce power usage. Thus, as the harvesting of renewable energy is to increase globally it will generate opportunities for the growth of the current sense amplifier market

Current Sense Amplifier Market Report Segmentation Analysis

Key segments that contributed to the derivation of the current sense amplifier market analysis are sensing type, current direction, and end user.

  • Based on sensing type, the current sense amplifier market is divided into high-side sensing and low-side sensing.
  • By current direction, the market is segmented into unidirectional and bidirectional.
  • By end user, the market is segmented into Electronics, Automotive, Telecommunications, Industrial, and Others. The electronics segment held the largest share in 2023.

Current Sense Amplifier Market Share Analysis by Geography

The geographic scope of the Current Sense Amplifier market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

Asia Pacific dominated the current sense amplifier market share in 2023. Asia Pacific is the manufacturing hub of the world. Countries such as China, Japan, India and South Korea are home to some of the major manufacturing industries of the world. These industries are continuously evolving in managing energy use, and thus, products such as energy-efficient current sense amplifiers find massive applications in the sector. This is driving the growth of the market in Asia Pacific.

Current Sense Amplifier Market Report Scope

Current Sense Amplifier Market News and Recent Developments

The current sense amplifier market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the current sense amplifier market are listed below:

  • ROHM has recently developed space-saving, high-accuracy current sense amplifier ICs (BD1421x-LA series) for industrial applications – including wireless base stations, PLCs and inverters – as well as consumer applications such as home appliances. (Source: ROHM, Press Release, March 2023)
  • Microchip Technology Inc. introduced its high-side current sense amplifiers — featuring the industry’s lowest offset for AEC-Q100 Grade 0 qualified high-side current sense amplifier devices. AEC-Q100 qualified, the MCP6C02 amplifier is offered in both a Grade 1 6-pin SOT-23 package and a Grade 0 8-pin 3x3 VDFN package. (Source: Microchip Technology Inc., Press Release, February 2021)

Current Sense Amplifier Market Report Coverage and Deliverables

The “Current Sense Amplifier Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

  • Current sense amplifier market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Current sense amplifier market trends as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Current sense amplifier market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the current sense amplifier market
  • Detailed company profiles
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

This text is related
to segments covered.

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

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to country scope.

Frequently Asked Questions


What would be the estimated value of the current sense amplifier market by 2030?

The current sense amplifier market size is projected to reach US$ 5.97 billion by 2030

What is the expected CAGR of the current sense amplifier market?

The current sense amplifier market is expected to register a CAGR of 7.2% during 2024–2030

Which region dominated the current sense amplifier market in 2023?

Asia Pacific dominated the current sense amplifier market in 2023.

What are the driving factors impacting the current sense amplifier market?

Power management in portable devices and technological advancements are expected to drive the current sense amplifier market.

What are the future trends of the current sense amplifier market?

Miniaturization of components and high-precision sensing are likely to remain key trends in the market.

Which are the leading players operating in the current sense amplifier market?

Analog Devices, Inc., Microchip Technology Inc., SG Micro Corp, Renesas Electronics Corporation, ROHM CO., Ltd, Onsemi, Monolithic Power Systems, Semtech, STMicroelectronics, and Texas Instruments Incorporated are among the leading payers operating in the current sense amplifier market.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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