Voltage Detector Market Size is estimated to register commendable growth from 2022 to 2028. These devices are utilized for determining the presence of current through a particular object. Numerous applications of voltage detectors include level discrimination, microprocessor reset, switching circuit in battery back-up, brown-out protection, and battery voltage monitoring.
Furthermore, these products can also be used for the detection of AC voltages on sockets, fuses, cables, circuit breakers, and switches. Different types of voltage detectors include low-frequency AC, high-frequency AC, pulsed DC, and continuous DC.
On the basis of technology, the voltage detector market is expected to record substantial revenue from hall effect technology segment through 2028. This rise is mainly attributed to the increasing usage of the technology across a range of applications in the automotive industry. These include sensing seat and safety belt position for air-bag control and monitoring and controlling wheel speeds in anti-lock braking systems. In addition, voltage detector sensors are also deployed in a number of appliance and consumer goods industries. Hall effect-based digital unipolar sensors are used in washing machines for maintaining their balance through wash cycles.
Considering end-use, the industrial segment is set to witness considerable gains across the voltage detector market during the forecast timeframe. The devices are used across an array of tasks in the industrial sector including power demand control, power failure detection, safety switching, revenue metering, load control in motors, power quality monitoring near VAR compensators, and energy management control systems. Other applications comprise DC voltage measurement, power measurement (for measuring efficiency of industrial equipment), earth fault measurement, switchgear optimization, power quality measurement, and others.
The Asia Pacific voltage detector market is poised to depict remarkable proceeds up to 2028 owing to the rising efforts of various organizations for the incorporation of IoT-enabled devices and voltage detection circuits in asset performance management. For instance, the Asian Development Bank released a paper exploring the ways through which IoT can transform the power sector via operational optimization and engagement of customers to lower energy cost by means of enhanced experiences and services.
Major players across the market include Toshiba Corporation, Seiko Instruments, Torex Semiconductor, Analog Devices Inc., STMicroelectronics, ROHM Semiconductor Sharp Microelectronics, Texas Instruments, Taiwan Semiconductor. These companies are focusing on the adoption of various expansion strategies such as mergers, acquisitions, partnerships, alliances, and product developments for consolidating their position in the market.
For instance, in 2021, Torex launched the XC61F series that comprises low power consumption-based, highly precise, and CMOS voltage detectors. The company’s laser trimming technology ensures the availability of an extensive range of voltage detection thresholds that include built-in delay circuit, with factory set release delay time.
The COVID-19 pandemic opened a new area of application for voltage detectors. A number of research teams across various institutes are developing new methods for the identification of single virus particles on the basis of electrical current.
For instance, in September 2021, a technology transfer partnership deployed sensor research from The University of Texas at Dallas for the development of a potential at-home, rapid SARS-CoV-2 testing device. The technology is used for targeting a chemical species, that causes an electrochemical reaction. This releases electrons, that eventually produces current at a specific voltage.
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