Technology
Magnetic Current Sensor Market worth $4.20 billion by 2032 – Exclusive Report by MarketsandMarkets™
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DELRAY BEACH, Fla., Oct. 9, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global magnetic current sensor market is projected to grow from USD 2.05 billion in 2026 to USD 4.20 billion by 2032, registering a CAGR of 12.7%.
Browse 180 market data Tables and 90 Figures spread through 300 Pages and in-depth TOC on “Magnetic Current Sensor Market – Global Forecast to 2032”
Magnetic Current Sensor Market Size & Forecast:
Market Size Available for Years: 2021–20322026 Market Size: USD 2.05 billion2032 Projected Market Size: USD 4.20 billionCAGR (2026–2032): 12.7%
Magnetic Current Sensor Market Trends & Insights:
The magnetic current sensor market is projected to expand rapidly over the next decade, propelled by innovations in sensor materials, miniaturization, and integration with advanced power electronics. Growing demand for energy-efficient motor drives, reliable battery management solutions, and safety-compliant automotive components is accelerating market adoption. The transition to smart infrastructure, such as intelligent grid systems and IoT-connected devices, further amplifies the need for real-time, high-accuracy current sensing and monitoring capabilities.By type, Hall-effect current sensors are likely to account for the largest share of 74.4% of the magnetic current sensor market in 2026, supported by their broad adoption across automotive, industrial, consumer electronics, and energy & power applications due to their non-contact measurement capability, reliability, and cost-effectiveness.By loop type, the closed-loop segment is expected to register a CAGR of 13.7% during the forecast period, driven by growing demand for high-accuracy, fast-response, and electrically isolated current measurement across electric vehicles, industrial motor control, renewable energy systems, and power electronics.By vertical, the automotive vertical accounted for the largest share of 33.0% of the magnetic current sensor market in 2026, driven by increasing vehicle electrification and demand for current sensing in battery management systems, inverters, onboard chargers, motor control, and other powertrain applications.By region, Asia Pacific is expected to register the highest CAGR of 14.6% during the forecast period, driven by its strong automotive and electronics manufacturing base, increasing electric vehicle adoption, expanding renewable energy capacity, and growing investments in industrial automation and advanced power electronics.
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The increasing adoption of Hall-effect current sensors is a key driver of the magnetic current sensor market, owing to their versatility, cost-effectiveness, and ability to measure both AC and DC currents. These sensors provide accurate, contactless current measurement, supporting applications across electric vehicles, industrial automation, renewable energy, battery systems, and power electronics. Their non-intrusive design supports electrical isolation and system reliability, while advancements in sensor integration, miniaturization, and high-bandwidth sensing are enabling compact and energy-efficient solutions. The growing need for reliable, real-time current monitoring across electrification, power conversion, and energy management applications is expected to continue driving demand for magnetic current sensors globally.
XMR technologies to exhibit highest growth rate in magnetic current sensor market.
XMR technology-based current sensors are expected to exhibit the highest CAGR in the magnetic current sensor market, driven by their high sensitivity, accuracy, linearity, and low power consumption. XMR technologies, including Anisotropic Magnetoresistance (AMR), Giant Magnetoresistance (GMR), and Tunnel Magnetoresistance (TMR), offer high precision and stability, making them suitable for applications requiring compact form factors and reliable current measurement. Their adoption is increasing across electric vehicles, battery management systems, industrial equipment, advanced power electronics, and other high-performance applications. The growing demand for compact, high-performance sensing solutions, together with increasing electrification and integration of intelligent electronic systems, is expected to support the adoption of XMR-based current sensors.
Automotive vertical to account for largest share of magnetic current sensor market.
The automotive vertical is expected to account for the largest share of the magnetic current sensor market, driven by the accelerating adoption of electric and hybrid vehicles, which require precise current sensing for critical functions such as battery management, motor control, power distribution, and onboard charging. Magnetic current sensors enable accurate and non-contact current monitoring in high-voltage systems, supporting vehicle safety, energy efficiency, and real-time system diagnostics. In addition, the growing integration of advanced driver-assistance systems (ADAS), infotainment systems, and intelligent power electronics in modern vehicles is increasing demand for accurate and compact current sensing solutions. The continued shift toward vehicle electrification and stringent energy-efficiency requirements is expected to support adoption across automotive applications further.
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Asia Pacific estimated to be largest magnetic current sensor market during forecast period.
Asia Pacific is estimated to be the largest magnetic current sensor industry during the forecast period, supported by its expansive industrial base, strong electric vehicle production, and increasing investments in renewable energy and automation technologies. Countries such as China, Japan, South Korea, and India are major manufacturing centers for automotive, consumer electronics, and energy infrastructure, creating substantial demand for reliable current sensing solutions. The region also benefits from the presence of major semiconductor and sensor manufacturers, established electronics supply chains, and growing investments in electric mobility, solar power, and battery systems. Government initiatives supporting local manufacturing, electrification, renewable energy deployment, and advanced technology adoption are further contributing to market growth across the region.
Key Players
The magnetic current sensor companies includes Tier I and II players, such as Allegro MicroSystems, Inc. (US), Infineon Technologies AG (Germany), TDK Corporation (Japan), Asahi Kasei Corporation (Japan), LEM International SA (Switzerland), Melexis (Belgium), and TAMURA Corporation (Japan), among others.
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Retail Trading Platforms Post Record Quarters as Investor Apps Multiply
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42 minutes agoon
October 10, 2026By
VANCOUVER, BC, Oct. 10, 2026 /PRNewswire/ — Wall Street Investor News Commentary – Four publicly listed retail investing platforms now report more than 41 million funded accounts between them, and two of them reported record quarters this summer. The pattern is the same across all of them: more people are managing their own money from a phone, and the platforms competing for them are adding research, data and AI tools alongside the trade button. Active Companies from around the markets include: Robinhood Markets, Inc. (NASDAQ: HOOD), Webull Corporation (NASDAQ: BULL), Futu Holdings Limited (NASDAQ: FUTU), eToro Group Ltd. (NASDAQ: ETOR), Morningstar, Inc. (NASDAQ: MORN).
Not every investor needs a brokerage to follow the market. A growing set of free tools sits one step before the trade, built for people who want to watch prices, understand why a stock moved and keep a watchlist without paying for a terminal. Those tools now compete on the same features the brokerages use to win accounts: live quotes, plain-language explanations and AI research.
Quote Daddy is one of them. It is a free stock-tracking app for the web, iPhone and Android with live watchlists for U.S. stocks and ETFs, interactive charts, insider activity from SEC Form 4 filings, alerts, and one-tap AI briefings that explain in plain English why a stock moved. It also tracks the latest SEC 13F holdings of well-known investors and congressional disclosed trades. Its research tool, Luxor IQ, turns live prices, a year of trend data, fundamentals, news and analyst ratings into a research note written by AI, with three free reports a day. There is no credit card and no paywall; accounts are free at quotedaddy.com.
Below are five listed platforms in the same space, the investor-facing apps and research services that millions of self-directed investors use, and what each reported in its latest quarter.
CONTINUED… Read more and open a free account at: quotedaddy.com
In other industry developments and happenings in the market this week include:
Robinhood Markets, Inc. (NASDAQ: HOOD)
Robinhood reported record second quarter 2026 revenue of $1.31 billion, up 32% from a year earlier. Funded customers rose 7% to 28.4 million, total platform assets rose 32% to $369 billion, and Robinhood Gold subscribers grew 39% to 4.8 million. Net deposits were $21.7 billion for the quarter, and the company has scheduled its third quarter results for October 27.
Webull Corporation (NASDAQ: BULL)
Webull reported second quarter 2026 revenue of $198.8 million, up 51% year over year, and net income attributable to the company of $24.4 million, compared with a net loss a year earlier. Registered users rose 13% to 28.2 million, funded accounts rose 8% to 5.13 million, and customer assets climbed 79% to $28.5 billion.
“I’m proud to report a record second quarter for Webull,” said CEO Anthony Denier, who credited the rollout of updated active-trader features after the elimination of the Pattern Day Trader rule on June 4.
Futu Holdings Limited (NASDAQ: FUTU)
Futu, the parent of the moomoo investing app, reported second quarter 2026 total revenues of US$918.2 million, up 35.6% year over year, and net income of US$464.4 million, up 41.6%. Funded accounts grew 33.6% to 3,842,667, registered users reached 31.3 million, and client assets rose 43.6% to HK$1.40 trillion.
“Malaysia led new funded account additions for the third consecutive quarter,” said Leaf Hua Li, Chairman and CEO.
eToro Group Ltd. (NASDAQ: ETOR)
eToro, which combines trading with a social investing feed, reported second quarter 2026 net contribution of $229 million, up 9% year over year, and GAAP net income of $53 million, up 77%. Funded accounts rose 18% to 4.28 million and assets under administration grew 10% to $19.2 billion.
“We delivered another strong quarter as we continue executing against our long-term strategy,” said Yoni Assia, Co-Founder and CEO.
Morningstar, Inc. (NASDAQ: MORN)
Morningstar, the investment research and data provider, reported second quarter 2026 revenue of $663.2 million, up 9.6%, and operating income of $160.6 million, up 28.4%. Revenue from its Morningstar Direct platform rose 6.2% to $222.1 million and PitchBook revenue rose 4.9% to $174.7 million.
“We are continuing to deliver profitable growth with meaningful increases in operating and free cash flows,” said CEO Kunal Kapoor. Morningstar plans to report third quarter results on October 28.
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Technology
AI Revenue Questions Pull Semiconductor Stocks Off October Highs
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October 10, 2026By
VANCOUVER, BC, Oct. 10, 2026 /PRNewswire/ — Stock Preachers News Commentary – Semiconductor equities began October on firm footing, with the iShares Semiconductor ETF advancing for five consecutive sessions and the sector’s largest company reaching a record high, before retreating through the week ended October 9. Sentiment shifted on Thursday, when the Financial Times reported that OpenAI had told investors its annualized revenue was nearing $50 billion at the end of September, below the approximately $70 billion figure that had been cited in media reports. Because semiconductor valuations are closely tied to expectations for AI infrastructure spending, the report weighed on the group, and the PHLX Semiconductor Index finished the week lower while the broader market was more resilient. Active Companies from around the markets with current developments this week include: Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), NVIDIA Corporation (NASDAQ: NVDA), Intel Corporation (NASDAQ: INTC), Arm Holdings plc (NASDAQ: ARM), Micron Technology, Inc. (NASDAQ: MU).
The pullback follows a period of substantial gains. The PHLX Semiconductor Index was up 73% year to date as of late September, and several of the sector’s largest constituents have recorded triple-digit gains in 2026. Higher long-term Treasury yields and a rise in crude oil prices added pressure midweek, as higher discount rates tend to weigh most on companies valued on long-term growth expectations.
Company-specific developments shaped performance within the group. Two companies reported record milestones early in the week, while others faced open questions regarding a manufacturing partnership, ongoing litigation and the sustainability of AI-related demand.
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In other industry developments and happenings in the market this week include:
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)
TSMC shares reached a record high on October 5 after Elon Musk confirmed early-stage discussions about a role for the company in his planned Terafab chip complex in Texas, calling them “just discussions.” On October 8 the company reported September revenue of NT$511.86 billion, up 54.6% from a year earlier and down 0.6% from August, bringing revenue for the first nine months of 2026 to NT$3.90 trillion, up 41.1%.
NVIDIA Corporation (NASDAQ: NVDA)
NVIDIA shares reached a record high on October 5, bringing their year-to-date gain to approximately 24.8% and their advance since the August 26 earnings report to approximately 14%. The company has also shown relative strength during recent sector weakness: on September 28, when semiconductor shares declined on AI safety concerns, NVIDIA advanced after announcing a $150 billion share buyback authorization and releasing two open-source tools designed to help control AI agents.
Intel Corporation (NASDAQ: INTC)
Intel shares declined on October 5 after Musk indicated that TSMC could participate in Terafab, a project Intel joined as a partner in April. On October 8 Musk said his companies will build and operate the Texas complex and that another chipmaker could at most sublease part of the site. Intel has said it will remain involved, although the scope of its role has not been finalized. Despite the decline, Intel shares were up approximately 215% year to date as of the October 5 close.
Arm Holdings plc (NASDAQ: ARM)
Arm shares declined during a five-day jury trial in federal court in Wilmington, Delaware, where Qualcomm alleges that Arm breached their licensing agreements and sought to undermine Qualcomm’s dealings with Meta Platforms. Arm denies the claims. The case went to the jury on October 9, and the judge has not yet ruled on whether a clause that could let Qualcomm stop paying royalties for five years is enforceable. Arm reports earnings on November 4.
Micron Technology, Inc. (NASDAQ: MU)
Micron shares declined alongside other memory producers despite Rosenblatt raising its price target to $1,900 from $1,500 on October 6, citing a beat-and-raise quarter and the potential for buybacks. Memory producers had advanced with the broader group in early October before sentiment shifted later in the week.
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Technology
Church of Scientology International’s Scientology Network Marks World Mental Health Day with CCHR Documentary Marathon
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3 hours agoon
October 10, 2026By
LOS ANGELES, Oct. 10, 2026 /PRNewswire/ — On World Mental Health Day, October 10, Scientology Network presents a marathon event spotlighting the Citizens Commission on Human Rights (CCHR). The program features CCHR’s mission to expose psychiatric industry corruption and combat human rights abuses.
This focus comes at a critical moment, as concerns over the potential links between psychiatric drugs, suicide, aggression and violence have thrust the issue of psychiatric drugging into the public eye.
Founded in 1969, CCHR is a nonprofit mental health watchdog responsible for helping to enact nearly 400 laws protecting individuals from abusive or coercive practices.
The World Mental Health Day Marathon will feature:
CCHR documentaries—an ongoing investigative series confronting powerful psychiatric groups to reveal corruption and the alarming history of abuses. The films included are:Psychiatry: An Industry of Death —An investigation of psychiatry’s dark past.Making a Killing —Examining the “unholy alliance” between the psychiatric industry, Big Pharma and government regulators.Prescription for Violence: Psychiatry’s Deadly Side Effects — Examining the potential link between rising psychiatric drug prescriptions and acts of violence and suicide.Voices for Humanity—the only ongoing television series dedicated to showcasing everyday people leading grassroots efforts to promote human rights, educate youth on the dangers of drugs and combat psychiatric abuse.Documentary Showcase: Letters from Generation Rx—An Award-winning documentary that exposes the dangerous and devastating effects of antidepressants, antipsychotics and other drugs marketed by pharmaceutical companies as “safe and effective.”
The World Mental Health Day Marathon starts October 10 at 8 a.m. ET.
Learn the truth about the psychiatric industry. Visit cchr.org for more information, and see the full marathon schedule at scientology.tv/schedule.
Scientology Network debuted on March 12, 2018, launched by David Miscavige, ecclesiastical leader of the Scientology religion. Since then, Scientology Network has been viewed in over 240 countries and territories worldwide in 17 languages. Satisfying the curiosity of people about Scientology, the network takes viewers across six continents, spotlighting the everyday lives of Scientologists, showing the Church as a global organization and presenting its Social Betterment programs that have touched the lives of millions worldwide. The network also showcases documentaries by independent filmmakers who represent a cross section of cultures and faiths, but share a common purpose of uplifting communities. Scientology Network’s innovative content has been recognized with more than 175 industry awards, including Tellys, Communitas and Hermes Creative Awards.
Broadcast from Scientology Media Productions, the Church’s global media center in Los Angeles, Scientology Network is available on DIRECTV Channel 320, DIRECTV STREAM and AT&T U-verse and can be streamed at scientology.tv, on mobile apps and via the Roku, Amazon Fire and Apple TV platforms.
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SOURCE Church of Scientology International
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