The global market for Open Loop Current Transducer was valued at US$ 600 million in the year 2024 and is projected to reach a revised size of US$ 988 million by 2031, growing at a CAGR of 7.4% during the forecast period.
An Open Loop Current Transducer (OLCT) is a type of electrical device used to measure current in a circuit without the need for a direct electrical connection to the current-carrying conductor. It operates on the principle of magnetic field sensing, detecting the current indirectly through the magnetic field generated by the current flow in a conductor.
North American market for Open Loop Current Transducer is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Open Loop Current Transducer is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Open Loop Current Transducer include Sensor Electronic Technology, LEM Sensors, DigiKey, Allegro Micro System, LEM, Ohio Semitronics, Honeywell, Siemens, Crocus Technology, Schneider Electric, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Open Loop Current Transducer, 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 Open Loop Current Transducer.
The Open Loop Current Transducer market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Open Loop Current Transducer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Open Loop Current Transducer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Sensor Electronic Technology
LEM Sensors
DigiKey
Allegro Micro System
LEM
Ohio Semitronics
Honeywell
Siemens
Crocus Technology
Schneider Electric
Crane Electronics
Verivolt
Accuenergy
Texas Instruments
by Type
DC
AC
by Application
Industrial
Automotive
Power and Energy
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Open Loop Current Transducer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Open Loop Current Transducer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Open Loop Current Transducer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
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1 Open Loop Current Transducer Market Overview
1.1 Product Definition
1.2 Open Loop Current Transducer by Type
1.2.1 Global Open Loop Current Transducer Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 DC
1.2.3 AC
1.3 Open Loop Current Transducer by Application
1.3.1 Global Open Loop Current Transducer Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Industrial
1.3.3 Automotive
1.3.4 Power and Energy
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Open Loop Current Transducer Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Open Loop Current Transducer Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Open Loop Current Transducer Production Estimates and Forecasts (2020-2031)
1.4.4 Global Open Loop Current Transducer Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Open Loop Current Transducer Production Market Share by Manufacturers (2020-2025)
2.2 Global Open Loop Current Transducer Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Open Loop Current Transducer, Industry Ranking, 2023 VS 2024
2.4 Global Open Loop Current Transducer Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Open Loop Current Transducer Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Open Loop Current Transducer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Open Loop Current Transducer, Product Offered and Application
2.8 Global Key Manufacturers of Open Loop Current Transducer, Date of Enter into This Industry
2.9 Open Loop Current Transducer Market Competitive Situation and Trends
2.9.1 Open Loop Current Transducer Market Concentration Rate
2.9.2 Global 5 and 10 Largest Open Loop Current Transducer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Open Loop Current Transducer Production by Region
3.1 Global Open Loop Current Transducer Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Open Loop Current Transducer Production Value by Region (2020-2031)
3.2.1 Global Open Loop Current Transducer Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Open Loop Current Transducer by Region (2026-2031)
3.3 Global Open Loop Current Transducer Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Open Loop Current Transducer Production Volume by Region (2020-2031)
3.4.1 Global Open Loop Current Transducer Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Open Loop Current Transducer by Region (2026-2031)
3.5 Global Open Loop Current Transducer Market Price Analysis by Region (2020-2025)
3.6 Global Open Loop Current Transducer Production and Value, Year-over-Year Growth
3.6.1 North America Open Loop Current Transducer Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Open Loop Current Transducer Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Open Loop Current Transducer Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Open Loop Current Transducer Production Value Estimates and Forecasts (2020-2031)
4 Open Loop Current Transducer Consumption by Region
4.1 Global Open Loop Current Transducer Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Open Loop Current Transducer Consumption by Region (2020-2031)
4.2.1 Global Open Loop Current Transducer Consumption by Region (2020-2025)
4.2.2 Global Open Loop Current Transducer Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Open Loop Current Transducer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Open Loop Current Transducer Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Open Loop Current Transducer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Open Loop Current Transducer Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Open Loop Current Transducer Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Open Loop Current Transducer Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Open Loop Current Transducer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Open Loop Current Transducer Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Open Loop Current Transducer Production by Type (2020-2031)
5.1.1 Global Open Loop Current Transducer Production by Type (2020-2025)
5.1.2 Global Open Loop Current Transducer Production by Type (2026-2031)
5.1.3 Global Open Loop Current Transducer Production Market Share by Type (2020-2031)
5.2 Global Open Loop Current Transducer Production Value by Type (2020-2031)
5.2.1 Global Open Loop Current Transducer Production Value by Type (2020-2025)
5.2.2 Global Open Loop Current Transducer Production Value by Type (2026-2031)
5.2.3 Global Open Loop Current Transducer Production Value Market Share by Type (2020-2031)
5.3 Global Open Loop Current Transducer Price by Type (2020-2031)
6 Segment by Application
6.1 Global Open Loop Current Transducer Production by Application (2020-2031)
6.1.1 Global Open Loop Current Transducer Production by Application (2020-2025)
6.1.2 Global Open Loop Current Transducer Production by Application (2026-2031)
6.1.3 Global Open Loop Current Transducer Production Market Share by Application (2020-2031)
6.2 Global Open Loop Current Transducer Production Value by Application (2020-2031)
6.2.1 Global Open Loop Current Transducer Production Value by Application (2020-2025)
6.2.2 Global Open Loop Current Transducer Production Value by Application (2026-2031)
6.2.3 Global Open Loop Current Transducer Production Value Market Share by Application (2020-2031)
6.3 Global Open Loop Current Transducer Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Sensor Electronic Technology
7.1.1 Sensor Electronic Technology Open Loop Current Transducer Company Information
7.1.2 Sensor Electronic Technology Open Loop Current Transducer Product Portfolio
7.1.3 Sensor Electronic Technology Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Sensor Electronic Technology Main Business and Markets Served
7.1.5 Sensor Electronic Technology Recent Developments/Updates
7.2 LEM Sensors
7.2.1 LEM Sensors Open Loop Current Transducer Company Information
7.2.2 LEM Sensors Open Loop Current Transducer Product Portfolio
7.2.3 LEM Sensors Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.2.4 LEM Sensors Main Business and Markets Served
7.2.5 LEM Sensors Recent Developments/Updates
7.3 DigiKey
7.3.1 DigiKey Open Loop Current Transducer Company Information
7.3.2 DigiKey Open Loop Current Transducer Product Portfolio
7.3.3 DigiKey Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.3.4 DigiKey Main Business and Markets Served
7.3.5 DigiKey Recent Developments/Updates
7.4 Allegro Micro System
7.4.1 Allegro Micro System Open Loop Current Transducer Company Information
7.4.2 Allegro Micro System Open Loop Current Transducer Product Portfolio
7.4.3 Allegro Micro System Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Allegro Micro System Main Business and Markets Served
7.4.5 Allegro Micro System Recent Developments/Updates
7.5 LEM
7.5.1 LEM Open Loop Current Transducer Company Information
7.5.2 LEM Open Loop Current Transducer Product Portfolio
7.5.3 LEM Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.5.4 LEM Main Business and Markets Served
7.5.5 LEM Recent Developments/Updates
7.6 Ohio Semitronics
7.6.1 Ohio Semitronics Open Loop Current Transducer Company Information
7.6.2 Ohio Semitronics Open Loop Current Transducer Product Portfolio
7.6.3 Ohio Semitronics Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Ohio Semitronics Main Business and Markets Served
7.6.5 Ohio Semitronics Recent Developments/Updates
7.7 Honeywell
7.7.1 Honeywell Open Loop Current Transducer Company Information
7.7.2 Honeywell Open Loop Current Transducer Product Portfolio
7.7.3 Honeywell Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Honeywell Main Business and Markets Served
7.7.5 Honeywell Recent Developments/Updates
7.8 Siemens
7.8.1 Siemens Open Loop Current Transducer Company Information
7.8.2 Siemens Open Loop Current Transducer Product Portfolio
7.8.3 Siemens Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Siemens Main Business and Markets Served
7.8.5 Siemens Recent Developments/Updates
7.9 Crocus Technology
7.9.1 Crocus Technology Open Loop Current Transducer Company Information
7.9.2 Crocus Technology Open Loop Current Transducer Product Portfolio
7.9.3 Crocus Technology Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Crocus Technology Main Business and Markets Served
7.9.5 Crocus Technology Recent Developments/Updates
7.10 Schneider Electric
7.10.1 Schneider Electric Open Loop Current Transducer Company Information
7.10.2 Schneider Electric Open Loop Current Transducer Product Portfolio
7.10.3 Schneider Electric Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Schneider Electric Main Business and Markets Served
7.10.5 Schneider Electric Recent Developments/Updates
7.11 Crane Electronics
7.11.1 Crane Electronics Open Loop Current Transducer Company Information
7.11.2 Crane Electronics Open Loop Current Transducer Product Portfolio
7.11.3 Crane Electronics Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Crane Electronics Main Business and Markets Served
7.11.5 Crane Electronics Recent Developments/Updates
7.12 Verivolt
7.12.1 Verivolt Open Loop Current Transducer Company Information
7.12.2 Verivolt Open Loop Current Transducer Product Portfolio
7.12.3 Verivolt Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Verivolt Main Business and Markets Served
7.12.5 Verivolt Recent Developments/Updates
7.13 Accuenergy
7.13.1 Accuenergy Open Loop Current Transducer Company Information
7.13.2 Accuenergy Open Loop Current Transducer Product Portfolio
7.13.3 Accuenergy Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Accuenergy Main Business and Markets Served
7.13.5 Accuenergy Recent Developments/Updates
7.14 Texas Instruments
7.14.1 Texas Instruments Open Loop Current Transducer Company Information
7.14.2 Texas Instruments Open Loop Current Transducer Product Portfolio
7.14.3 Texas Instruments Open Loop Current Transducer Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Texas Instruments Main Business and Markets Served
7.14.5 Texas Instruments Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Open Loop Current Transducer Industry Chain Analysis
8.2 Open Loop Current Transducer Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Open Loop Current Transducer Production Mode & Process Analysis
8.4 Open Loop Current Transducer Sales and Marketing
8.4.1 Open Loop Current Transducer Sales Channels
8.4.2 Open Loop Current Transducer Distributors
8.5 Open Loop Current Transducer Customer Analysis
9 Open Loop Current Transducer Market Dynamics
9.1 Open Loop Current Transducer Industry Trends
9.2 Open Loop Current Transducer Market Drivers
9.3 Open Loop Current Transducer Market Challenges
9.4 Open Loop Current Transducer Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Sensor Electronic Technology
LEM Sensors
DigiKey
Allegro Micro System
LEM
Ohio Semitronics
Honeywell
Siemens
Crocus Technology
Schneider Electric
Crane Electronics
Verivolt
Accuenergy
Texas Instruments
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*If Applicable.