Current Sensor Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 20

The Current Sensor Market is estimated to grow from USD 2.41 billion in 2021 to USD 5 billion by 2028 at a healthy CAGR of 10.91% during the forecast period of 2022-2028. Current sensors, referred to as current transformers or CTs, are devices that measure the current running through a wire by using a magnetic field to detect the current and produce a proportional output.