Sinomags Achieves 30% Market Share in Automotive Current Sensors, Surpasses 50% Penetration in PV Sector in 2024
Key Data & Industry Impact
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Market share
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Automotive Current Sensors: Maintaining 30% market share through AEC-Q100 certified solutions deployed in motor control and BMS systems across NEV models in China, Europe, and North America;
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PV Industry: Over 50% penetration in microinverters and string inverters, enabling precise current monitoring for global solar installations.
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Technological Breakthroughs
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Magnetic Angle Encoder: Self-developed chip and anti-interference algorithms deliver repeatability ≤3" and positioning accuracy ≤10", meeting stringent demands of industrial robotics and CNC machinery;
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70 Million Units Shipped: In 2024, current sensor shipments exceeded 70 million units.
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About Sinomags: Sinomags Technology, magnetic sensor supplier, offering current sensors, angle encoders, and position sensors to over 200 industrial and automotive clients worldwide.
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