The global Electric Vehicle Hall Effect Current Sensors market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A hall effect current sensor�allows non-contact detection of direct and alternating currents, using a hall element, a magnet-electric converting element. This minimizes power loss of the target current circuit and has a simple structure with high reliability.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

Infinity Market Research newest research report, the ?Electric Vehicle Hall Effect Current Sensors Industry Forecast? looks at past sales and reviews total world Electric Vehicle Hall Effect Current Sensors sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Hall Effect Current Sensors sales for 2025 through 2031. With Electric Vehicle Hall Effect Current Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Hall Effect Current Sensors industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Hall Effect Current Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Hall Effect Current Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Electric Vehicle Hall Effect Current Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Hall Effect Current Sensors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Hall Effect Current Sensors.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Hall Effect Current Sensors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Open Loop
    Close Loop

Segmentation by Application:

    BEV
    HEVs
    PHEVs

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    LEM Holding SA
    Allegro Microsystems, LLC
    Melexis NV
    TDK Micronas
    Honeywell International Inc.
    Robert Bosch GmbH
    DENSO
    Continental
    Kohshin Electric Corporation
    Infineon
    Nicera
    BYD
    CRRC
    Sinomags Electrical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Hall Effect Current Sensors market?
What factors are driving Electric Vehicle Hall Effect Current Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Vehicle Hall Effect Current Sensors market opportunities vary by end market size?
How does Electric Vehicle Hall Effect Current Sensors break out by Type, by Application?