Asia Pacific Current Sense Amplifier Market Forecast to 2030
Asia Pacific Current Sense Amplifier Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Sensing Type (High-side Sensing and Low-side Sensing), Current Direction (Unidirectional and Bidirectional), and End User (Electronics, Automotive, Telecommunications, Industrial, and Others)
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Description
Growing use of Current Sensing Amplifiers in Telecommunication Infrastructure Drive Asia Pacific Current Sense Amplifier Market
The rising demand for strong connectivity across the world fuels the need for advanced telecommunication infrastructure. As telecom infrastructure serves as the foundation for modern digital economies, there is a growing need for its development. A strong telecom infrastructure can help governments of different countries at national and international levels to achieve economic growth, digital inclusion, social mobility, and environmental objectives. Thus, the demand for 5G is increasing worldwide for strong connectivity. According to GSMA, in 2022, there was 17% of 5G penetration across the world, which is expected to reach 54% by 2030. Similarly, in 2022, Asia Pacific (except China) and Europe recorded 4% and 11% of 5G penetration, which is expected to reach 41% and 87% by 2030, respectively. As 5G is the critical new-generation network technology that can enable innovation and support digital transformation, its demand is increasing across the world. Therefore, the governments of various countries are investing in 5G infrastructure. Similarly, in January 2021, the government of South Korea announced that they would increase the coverage of the next-generation mobile networks, particularly 5G, to 85 cities this year from the current seven major cities. It invested around US$ 115.89 million (127.9 billion won) in 2021 to encourage the use of private 5G networks. Thus, such growing investments in 5G infrastructure raise the demand for current sensing amplifiers as it is used in telecom infrastructure equipment such as networking devices, modems, routers, and others, where there is a need for current monitoring and current control loops. Thus, the growing telecom infrastructure is fueling the growth of the Asia Pacific current sense amplifier market .
Asia Pacific Current Sense Amplifier Market Overview
The Asia Pacific current sense amplifier market in APAC is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The region is one of the largest producers of electronic devices. The current sense amplifiers are used in electronic devices to manage power flow. According to GSMA, the smartphone adoption rate in APAC (except China) reached 76% in 2022, which is expected to increase to 94% by 2030. Also, the smartphone adoption rate in China was 81% in 2022 and is estimated to reach 93% by 2030. Thus, the growing demand for smartphones, tablets, PCs, laptops, and other consumer electronics in Asian countries is boosting the growth of the Asia Pacific current sense amplifier market in the region.
In Asia Pacific, China is the largest manufacturer of consumer electronic devices. In January 2021, the Chinese government announced its plans to expand its domestic electronic market by investing US$ 327 billion till 2023. Due to this investment, manufacturers can provide components, materials, and other manufacturing equipment required at connected factories, high-speed rail, and aerospace industries, as well as for the production of smartphones, drones, electric vehicles, and robotics. Similarly, the Indian government is also working on expanding the electronics market in the country. According to Invest India, in 2022, the electronics market in India was valued at US$ 140 billion. Furthermore, domestic electronic production increased to US$ 87 billion in 2022, registering a CAGR of 15%; it is expected to reach US$ 300 billion by 2026. Also, in 2022, the export of electronic goods from India has reached US$ 15 billion, recording a CAGR of 22%, and it is expected to reach US$ 120 billion by 2026. Thus, the growing electronic production in the region is expected to raise the demand for current sense amplifiers, further fueling the growth of the Asia Pacific current sense amplifier market.
Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Current Sense Amplifier Market Segmentation
The Asia Pacific current sense amplifier market is segmented into sensing type, current direction, end user, and country.
Based on sensing type, the Asia Pacific current sense amplifier market is bifurcated into high-side sensing and low-side sensing. In 2023, the high-side sensing segment registered a larger share in the Asia Pacific current sense amplifier market.
Based on current direction, the Asia Pacific current sense amplifier market is bifurcated into unidirectional and bidirectional. In 2023, the bidirectional segment registered a larger share in the Asia Pacific current sense amplifier market.
Based on end-use, the Asia Pacific current sense amplifier market is segmented into electronics, automotive, telecommunications, industrial, and others. In 2023, the electronics segment registered the largest share in the Asia Pacific current sense amplifier market.
Based on country, the Asia Pacific current sense amplifier market is segmented into Taiwan, China, India, Japan, South Korea, and the Rest of Asia Pacific. In 2023, China segment registered the largest share in the Asia Pacific current sense amplifier market.
Analog Devices Inc; Microchip Technology Inc; Monolithic Power Systems Inc; On Semiconductor Corp; Renesas Electronics Corp; ROHM Co Ltd; Semtech Corp; SG Micro Corp; STMicroelectronics NV; and Texas Instruments Inc are the leading companies operating in the Asia Pacific current sense amplifier market.
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According to the research team’ research, the Asia Pacific Current sense amplifier market was valued at US$ 1,523.52 million in 2023 and is expected to reach US$ 2,664.48 million by 2030, registering a CAGR of 8.3% from 2023 to 2030. Rising demand for electric vehicles and growing use of current sensing amplifiers in telecommunication infrastructure are the critical factors attributed to the Asia Pacific current sense amplifier market expansion.
Electric vehicles (EVs) consist of an electric battery for energy storage, an electric motor for movement, and a controller to manage the system. All these EV components require a system to sense and measure current, which raises the need for current sense amplifiers in vehicles. The demand for EVs is rising as they help to reduce CO2 emissions and comply with regulations for zero-emission vehicles through subsidies and tax rebates, which will fuel the growth of the Asia Pacific current sense amplifier market in the coming years.
As per the Global Electric Vehicle Outlook, over 10 million electric cars were sold across the world in 2022, and sales are expected to increase by 35% to reach 14 million units in 2023. Of this, approximately 60% of the electric cars were sold in China in 2022. Furthermore, the production capabilities of EVs are growing across the world. In May 2022, PMI Electro, an Electric bus maker, announced its plan to set up its largest commercial EV manufacturing plant with an annual production capacity of 2,500 vehicles in Maharashtra, India. It will hold a production capability of 300,000 units by the first half of 2025. Similarly, Bajaj Auto announced an investment of US$ 40 million in building an electric vehicle plant in India with a yearly production capacity of 500,000 EVs. Thus, the growing production of electric vehicles is anticipated to hold the potential demand for current sense amplifiers, fueling the Asia Pacific current sense amplifier market growth during the forecast period.
On the contrary, shortage of skilled labors hurdles the growth of Asia Pacific Current sense amplifier market.
Based on sensing type, the Asia Pacific current sense amplifier market is bifurcated into high-side sensing and low-side sensing. The high-side sensing segment held 66.4% share of Asia Pacific current sense amplifier market in 2023, amassing US$ 1,010.95 million. It is projected to garner US$ 1,827.54 million by 2030 to expand at 8.8% CAGR during 2023–2030.
Based on current direction, the Asia Pacific current sense amplifier market is bifurcated into unidirectional and bidirectional. The bidirectional segment held 54.1% share of Asia Pacific current sense amplifier market in 2023, amassing US$ 824.73 million. It is projected to garner US$ 1,524.53 million by 2030 to expand at 9.2% CAGR during 2023–2030.
Based on end-use, the Asia Pacific current sense amplifier market is segmented into electronics, automotive, telecommunications, industrial, and others. The electronics segment held 27.8% share of Asia Pacific current sense amplifier market in 2023, amassing US$ 423.72 million. It is projected to garner US$ 833.70 million by 2030 to expand at 10.2% CAGR during 2023–2030.
Based on country, the Asia Pacific current sense amplifier market is segmented into Taiwan, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 36.5% share of Asia Pacific current sense amplifier market in 2023. It was assessed at US$ 556.08 million in 2023 and is likely to hit US$ 1,100.43 million by 2030, exhibiting a CAGR of 10.2% during the forecast period.
Key players profiles in the Asia Pacific current sense amplifier market report Analog Devices Inc; Microchip Technology Inc; Monolithic Power Systems Inc; On Semiconductor Corp; Renesas Electronics Corp; ROHM Co Ltd; Semtech Corp; SG Micro Corp; STMicroelectronics NV; and Texas Instruments Inc, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific current sense amplifier market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific current sense amplifier market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the current sense amplifier market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Current Sense Amplifier Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific Current Sense Amplifier Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Consumer Electronics Industry
5.1.2 Growing use of Current Sensing Amplifiers in Telecommunication Infrastructure
5.2 Key Market Restraints
5.2.1 Shortage of Skilled Labors
5.3 Key Market Opportunities
5.3.1 Rising Demand for Current Sensing Amplifiers for Renewable Energy
5.4 Future Trends
5.4.1 Rising demand for Electric Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Current Sense Amplifier Market– Asia Pacific Market Analysis
6.1 Asia Pacific Current Sense Amplifier Market Global Overview
6.2 Asia Pacific Current Sense Amplifier Market Forecast and Analysis
7. Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 – Sensing Type
7.1 Overview
7.2 Asia Pacific Current Sense Amplifier Market, By Sensing Type (2022 and 2030)
7.3 High-side Sensing
7.3.1 Overview
7.3.2 High-side Sensing: Asia Pacific Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
7.4 Low-side Sensing
7.4.1 Overview
7.4.2 Low-side Sensing: Asia Pacific Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
8. Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 – Current Direction
8.1 Overview
8.2 Asia Pacific Current Sense Amplifier Market, By Current Direction (2022 and 2030)
8.3 Unidirectional
8.3.1 Overview
8.3.2 Unidirectional: Asia Pacific Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
8.4 Bidirectional
8.4.1 Overview
8.4.2 Bidirectional: Asia Pacific Current Sense Amplifier Market Revenue and Forecast To 2030 (US$ Million)
9. Asia Pacific Current Sense Amplifier Market – By End User
9.1 Overview
9.2 Asia Pacific Current Sense Amplifier Market, by End User (2022 and 2030)
9.3 Electronics
9.3.1 Overview
9.3.2 Electronics: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Telecommunications
9.5.1 Overview
9.5.2 Telecommunications: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Industrial
9.6.1 Overview
9.6.2 Industrial: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Current Sense Amplifier Market– Country Analysis
10.1 Overview
10.1.1 Asia Pacific Current Sense Amplifier Market, by Key Country
10.1.1.1 Taiwan: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Taiwan: Current Sense Amplifier Market, By Sensing Type
10.1.1.1.2 Taiwan: Current Sense Amplifier Market, By Current Direction
10.1.1.1.3 Taiwan: Current Sense Amplifier Market, By End User
10.1.1.2 China: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 China: Current Sense Amplifier Market, By Sensing Type
10.1.1.2.2 China: Current Sense Amplifier Market, By Current Direction
10.1.1.2.3 China: Current Sense Amplifier Market, By End User
10.1.1.3 India: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 India: Current Sense Amplifier Market, By Sensing Type
10.1.1.3.2 India: Current Sense Amplifier Market, By Current Direction
10.1.1.3.3 India: Current Sense Amplifier Market, By End User
10.1.1.4 Japan: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Japan: Current Sense Amplifier Market, By Sensing Type
10.1.1.4.2 Japan: Current Sense Amplifier Market, By Current Direction
10.1.1.4.3 Japan: Current Sense Amplifier Market, By End User
10.1.1.5 South Korea: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 South Korea: Current Sense Amplifier Market, By Sensing Type
10.1.1.5.2 South Korea: Current Sense Amplifier Market, By Current Direction
10.1.1.5.3 South Korea: Current Sense Amplifier Market, By End User
10.1.1.6 Rest of APAC: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of APAC: Current Sense Amplifier Market, By Sensing Type
10.1.1.6.2 Rest of APAC: Current Sense Amplifier Market, By Current Direction
10.1.1.6.3 Rest of APAC: Current Sense Amplifier Market, By End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 Analog Devices Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Microchip Technology Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SG Micro Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Renesas Electronics Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 ROHM Co Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 On Semiconductor Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Monolithic Power Systems Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Semtech Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 STMicroelectronics NV
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Texas Instruments Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Current Sense Amplifier Market, Revenue and Forecast, 2020–2030 (US$ Million)
Table 2. Taiwan: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. Taiwan: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 4. Taiwan: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 5. China: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. China: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 7. China: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 8. India: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. India: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 10. India: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 11. Japan: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 12. Japan: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 13. Japan: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 14. South Korea: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. South Korea: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 16. South Korea: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 17. Rest of APAC: Current Sense Amplifier Market, By Sensing Type – Revenue and Forecast to 2030 (US$ Million)
Table 18. Rest of APAC: Current Sense Amplifier Market, By Current Direction – Revenue and Forecast to 2030 (US$ Million)
Table 19. Rest of APAC: Current Sense Amplifier Market, By End User– Revenue and Forecast to 2030 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Current Sense Amplifier Market Segmentation
Figure 2. Asia Pacific Current Sense Amplifier Market Segmentation – Country
Figure 3. Asia Pacific Current Sense Amplifier Market Overview
Figure 4. Asia Pacific Current Sense Amplifier Market, By Sensing Type
Figure 5. Asia Pacific Current Sense Amplifier Market, By Country
Figure 6. Asia Pacific: PEST Analysis
Figure 7. Asia Pacific Current Sense Amplifier Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Current Sense Amplifier Market: Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Current Sense Amplifier Market, Forecast and Analysis (US$ Million)
Figure 11. Asia Pacific Current Sense Amplifier Market, By Sensing Type (2022 and 2030)
Figure 12. High-side Sensing: Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Low-side Sensing: Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. Asia Pacific Current Sense Amplifier Market, By Current Direction (2022 and 2030)
Figure 15. Unidirectional: Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 (US$ Million)
Figure 16. Bidirectional: Asia Pacific Current Sense Amplifier Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Asia Pacific Current Sense Amplifier Market Revenue Share, by Boat Type (2022 and 2030)
Figure 18. Electronics: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Automotive: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Telecommunications: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Industrial: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Recreational: Asia Pacific Current Sense Amplifier Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Asia Pacific Current Sense Amplifier Market, By Key Country – Revenue (2022) (US$ Million)
Figure 24. Asia Pacific Current Sense Amplifier Market Revenue Share, By Key Country (2022 and 2030)
Figure 25. Taiwan: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
Figure 26. China: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
Figure 27. India: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
Figure 28. Japan: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
Figure 29. South Korea: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
Figure 30. Rest of APAC: Current Sense Amplifier Market– Revenue and Forecast to 2030 (US$ Million)
The List of Companies – Asia Pacific Current Sense Amplifier Market
o Analog Devices Inc
o Microchip Technology Inc
o Monolithic Power Systems Inc
o On Semiconductor Corp
o Renesas Electronics Corp
o ROHM Co Ltd
o Semtech Corp
o SG Micro Corp
o STMicroelectronics NV
o Texas Instruments Inc
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