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Stock impact report

Current Sensors Market Rising at 9% CAGR to Surpass US$ 7.3 Billion by 2034: Fact.MR Report [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Rockville, April 17, 2024 (GLOBE NEWSWIRE) -- Global sales of current sensors market have been calculated to reach US$ 3.1 billion in 2024, mainly due to the rising use of these components with high sensitivity and accuracy in several industries such as automotive, consumer electronics, and many more. A recently updated study by Fact.MR, a market research and competitive intelligence provider, has revealed that the global current sensor market is projected to advance at 9% CAGR from 2024 to 2034. For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4871 Gradual shift in the automotive industry toward electric vehicles is set to act as a catalyst driving demand for current sensors. Their increased demand is attributed to the utilization in electric vehicles for motor control and battery management. Rising environmental concerns along with growing fuel prices are stimulating various automakers as well as consumers Show less Read more
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