Current Sensor Market Size to Hit USD 7.96 Billion by 2035 | Research by SNS Insider [Yahoo! Finance]
Allegro MicroSystems, Inc. (ALGM)
Company Research
Source: Yahoo! Finance
a CAGR of 11.23%. Growth is fueled by rising investments in EV manufacturing, rapid data center and renewable energy infrastructure development, advanced industrial automation, and strong defense and aerospace spending requiring high-reliability sensing technologies. Austin, March 05, 2026 (GLOBE NEWSWIRE) -- Current Sensor Market Size & Growth Insights: According to the SNS Insider, “ The Current Sensor Market Size is estimated at USD 3.03 Billion in 2025 and is projected to reach USD 7.96 Billion by 2035, growing at a CAGR of 10.14% during 2026–2035.” Rapid Electrification of Transportation and Expansion of Renewable Energy Infrastructure to Augment Market Expansion Globally The primary driver of the current sensor market is the global push toward electrification, especially in the energy and automotive sectors. Isolated current sensors play a major role in the construction of electric vehicles, which require precise battery management (BMS), motor drive control, and onboard
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News
- Is Allegro MicroSystems (ALGM) Quietly Reframing Its Moat Around Precision Power Sensing? [Yahoo! Finance]Yahoo! Finance
- Needham Raises PT on Allegro MicroSystems, Inc. (ALGM) Stock [Yahoo! Finance]Yahoo! Finance
- Allegro MicroSystems (NASDAQ:ALGM) had its price target raised by analysts at Needham & Company LLC from $41.00 to $45.00. They now have a "buy" rating on the stock.MarketBeat
- Allegro MicroSystems (NASDAQ:ALGM) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Allegro MicroSystems, Inc. (ALGM) Analyst/Investor Day Transcript [Seeking Alpha]Seeking Alpha
ALGM
Earnings
- 1/29/26 - Beat
ALGM
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- ALGM's page on the SEC website