Automotive Wheel Speed Sensor Market was valued US$ 7.11 Bn in 2022 and is expected to reach US$ 9.12 Bn by 2029 at a CAGR of 3.61% during the forecast period. Increase in adoption of anti-lock braking system in vehicles and strict Government mandates for minimum stoppages distance are the key factors for the growth of global automotive wheel speed sensor market.Also increase in automotive sales across the globe helps to boost the global automotive wheel speed sensor market. Increase in penetration of electric vehicles across the globe and rise in demand for autonomous vehicles provides opportunities for the market. On the other hand high cost of automotive wheel speed sensor restrain the market.To know about the Research Methodology:-Request Free Sample Report By sensor Type, active segment accounted for more than three-fourth of the total market in 2022 and is expected to dominate throughout the forecast period. This is because of its property Hall Effect principle, true zero speed capability, and precise switch point measurement that helps in reading accurate wheel movement even when the vehicle is not in motion. On the other hand, the passive segment is expected to be the fastest growing sector, growing at a CAGR of xx% during 2022–2029. Based on vehicle Sensor Type, passenger vehicle contributed to nearly three-fourth of the total market in 2022 and is estimated to maintain its top status during the forecast period. Cumulative sales, growing disposable income, and compulsion of ABS system in passenger vehicles have increased the growth for the automotive wheel speed sensors market. Simultaneously, commercial vehicle has come up as the fastest growing segment, registering a CAGR of xx% during the forecast period. By region, Asia-Pacific held the largest market share in 2022 and turned out to be dominant throughout the forecast period. Increasing government support for the automotive industry, rapid industrialization, and constant focus on developing newer products to meet diverse changes in consumer demands in the region have influenced the growth. Also, the province has showcased a CAGR of xx% throughout the forecast period and has been cited as the fastest growing region. Major industry participant like Bosch focus on research and development to ensure product differentiation. The company’s R&D efforts have focused on development of efficient methods for ensuring reliability, precise 3D environment recognition, and securing the electronics architecture through constant plausibility checks on the data supplied. Other importantcompanies like First Sensor AG, Hitachi Metal provide products that cater to a wide range of applications like body electronics, chassis and safety, etc. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by Product, End User and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Automotive Wheel Speed Sensor Market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Automotive Wheel Speed Sensor Market Scope :Inquire before buying
Global Automotive Wheel Speed Sensor Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 7.11 Bn. Forecast Period 2023 to 2029 CAGR: 3.61% Market Size in 2029: US $ 9.12 Bn. Segments Covered: by Sensor Type • Active • Passive by Vehicle Type • Passenger Sensor Type • Commercial Vehicle Automotive Wheel Speed Sensor Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Automotive Wheel Speed Sensor Market Key players
• Robert Bosch GmbH • Continental AG • WABCO • Denso Corporation • ZF Friedrichshafen AG • NTN-SNR • Melexis • HELLA KGaA • Delphi Automotive PLC • NXP Semiconductors N.V • InnoSenT • First Sensor AG • Hitachi Metal Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Wheel Speed Sensor Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Automotive Wheel Speed Sensor Market? Ans: The Global Automotive Wheel Speed Sensor Market is growing at a CAGR of 3.61% during forecasting period 2023-2029. 3. What is scope of the Global Automotive Wheel Speed Sensor Market report? Ans: Global Automotive Wheel Speed Sensor Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Automotive Wheel Speed Sensor Market? Ans: The important key players in the Global Automotive Wheel Speed Sensor Market are – Robert Bosch GmbH, Continental AG, WABCO, Denso Corporation, ZF Friedrichshafen AG, NTN-SNR, Melexis, HELLA KGaA, Delphi Automotive PLC, NXP Semiconductors N.V, InnoSenT, First Sensor AG, and Hitachi Metal 5. What is the study period of this Market? Ans: The Global Automotive Wheel Speed Sensor Market is studied from 2022 to 2029.
Automotive Wheel Speed Sensor Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Automotive Wheel Speed Sensor Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Automotive Wheel Speed Sensor Marketand Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Automotive Wheel Speed Sensor Market Analysis and Forecast 6.1. Automotive Wheel Speed Sensor Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Automotive Wheel Speed Sensor Market Analysis and Forecast, by Sensor Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 7.4. Automotive Wheel Speed Sensor Market Size (US$ Bn) Forecast, by Sensor Type 7.5. Automotive Wheel Speed Sensor Market Analysis, by Sensor Type 7.6. Automotive Wheel Speed Sensor Market Attractiveness Analysis, by Sensor Type 8. Automotive Wheel Speed Sensor Market Analysis and Forecast, by Vehicle Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 8.4. Automotive Wheel Speed Sensor Market Size (US$ Bn) Forecast, by Vehicle Type 8.5. Automotive Wheel Speed Sensor Market Analysis, by Vehicle Type 8.6. Automotive Wheel Speed Sensor Market Attractiveness Analysis, by Vehicle Type 9. Automotive Wheel Speed Sensor Market Analysis, by Region 9.1. Automotive Wheel Speed Sensor Market Value Share Analysis, by Region 9.2. Automotive Wheel Speed Sensor Market Size (US$ Bn) Forecast, by Region 9.3. Automotive Wheel Speed Sensor Market Attractiveness Analysis, by Region 10. North America Automotive Wheel Speed Sensor Market Analysis 10.1. Key Findings 10.2. North America Automotive Wheel Speed Sensor Market Overview 10.3. North America Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 10.4. North America Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 10.4.1. Active 10.4.2. Passive 10.5. North America Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 10.6. North America Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 10.6.1. Passenger Sensor Type 10.6.2. Commercial Vehicle 10.7. North America Automotive Wheel Speed Sensor Market Value Share Analysis, by Country 10.8. North America Automotive Wheel Speed Sensor Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Automotive Wheel Speed Sensor Market Analysis, by Country 10.10. U.S. Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 10.10.1. Active 10.10.2. Passive 10.11. U.S. Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 10.11.1. Passenger Sensor Type 10.11.2. Commercial Vehicle 10.12. Canada Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 10.12.1. Active 10.12.2. Passive 10.13. Canada Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 10.13.1. Passenger Sensor Type 10.13.2. Commercial Vehicle 10.14. North America Automotive Wheel Speed Sensor Market Attractiveness Analysis 10.14.1. By Sensor Type 10.14.2. By Vehicle Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Automotive Wheel Speed Sensor Market Analysis 11.1. Key Findings 11.2. Europe Automotive Wheel Speed Sensor Market Overview 11.3. Europe Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 11.4. Europe Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.4.1. Active 11.4.2. Passive 11.5. Europe Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 11.6. Europe Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.6.1. Passenger Sensor Type 11.6.2. Commercial Vehicle 11.7. Europe Automotive Wheel Speed Sensor Market Value Share Analysis, by Country 11.8. Europe Automotive Wheel Speed Sensor Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Automotive Wheel Speed Sensor Market Analysis, by Country 11.10. Germany Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.10.1. Active 11.10.2. Passive 11.11. Germany Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.11.1. Passenger Sensor Type 11.11.2. Commercial Vehicle 11.12. U.K. Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.12.1. Active 11.12.2. Passive 11.13. U.K. Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.13.1. Passenger Sensor Type 11.13.2. Commercial Vehicle 11.14. France Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.14.1. Active 11.14.2. Passive 11.15. France Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.15.1. Passenger Sensor Type 11.15.2. Commercial Vehicle 11.16. Italy Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.16.1. Active 11.16.2. Passive 11.17. Italy Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.17.1. Passenger Sensor Type 11.17.2. Commercial Vehicle 11.18. Spain Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.18.1. Active 11.18.2. Passive 11.19. Spain Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.19.1. Passenger Sensor Type 11.19.2. Commercial Vehicle 11.20. Rest of Europe Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 11.20.1. Active 11.20.2. Passive 11.21. Rest of Europe Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 11.21.1. Passenger Sensor Type 11.21.2. Commercial Vehicle 11.22. Europe Automotive Wheel Speed Sensor Market Attractiveness Analysis 11.22.1. By Sensor Type 11.22.2. By Vehicle Type 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Automotive Wheel Speed Sensor Market Analysis 12.1. Key Findings 12.2. Asia Pacific Automotive Wheel Speed Sensor Market Overview 12.3. Asia Pacific Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 12.4. Asia Pacific Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.4.1. Active 12.4.2. Passive 12.5. Asia Pacific Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 12.6. Asia Pacific Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.6.1. Passenger Sensor Type 12.6.2. Commercial Vehicle 12.7. Asia Pacific Automotive Wheel Speed Sensor Market Value Share Analysis, by Country 12.8. Asia Pacific Automotive Wheel Speed Sensor Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Automotive Wheel Speed Sensor Market Analysis, by Country 12.10. China Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.10.1. Active 12.10.2. Passive 12.11. China Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.11.1. Passenger Sensor Type 12.11.2. Commercial Vehicle 12.12. India Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.12.1. Active 12.12.2. Passive 12.13. India Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.13.1. Passenger Sensor Type 12.13.2. Commercial Vehicle 12.14. Japan Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.14.1. Active 12.14.2. Passive 12.15. Japan Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.15.1. Passenger Sensor Type 12.15.2. Commercial Vehicle 12.16. ASEAN Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.16.1. Active 12.16.2. Passive 12.17. ASEAN Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.17.1. Passenger Sensor Type 12.17.2. Commercial Vehicle 12.18. Rest of Asia Pacific Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 12.18.1. Active 12.18.2. Passive 12.19. Rest of Asia Pacific Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 12.19.1. Passenger Sensor Type 12.19.2. Commercial Vehicle 12.20. Asia Pacific Automotive Wheel Speed Sensor Market Attractiveness Analysis 12.20.1. By Sensor Type 12.20.2. By Vehicle Type 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Automotive Wheel Speed Sensor Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Automotive Wheel Speed Sensor Market Overview 13.3. Middle East & Africa Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 13.4. Middle East & Africa Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 13.4.1. Active 13.4.2. Passive 13.5. Middle East & Africa Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 13.6. Middle East & Africa Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 13.6.1. Passenger Sensor Type 13.6.2. Commercial Vehicle 13.7. Middle East & Africa Automotive Wheel Speed Sensor Market Value Share Analysis, by Country 13.8. Middle East & Africa Automotive Wheel Speed Sensor Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Automotive Wheel Speed Sensor Market Analysis, by Country 13.10. GCC Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 13.10.1. Active 13.10.2. Passive 13.11. GCC Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 13.11.1. Passenger Sensor Type 13.11.2. Commercial Vehicle 13.12. South Africa Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 13.12.1. Active 13.12.2. Passive 13.13. South Africa Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 13.13.1. Passenger Sensor Type 13.13.2. Commercial Vehicle 13.14. Rest of Middle East & Africa Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 13.14.1. Active 13.14.2. Passive 13.15. Rest of Middle East & Africa Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 13.15.1. Passenger Sensor Type 13.15.2. Commercial Vehicle 13.16. Middle East & Africa Automotive Wheel Speed Sensor Market Attractiveness Analysis 13.16.1. By Sensor Type 13.16.2. By Vehicle Type 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Automotive Wheel Speed Sensor Market Analysis 14.1. Key Findings 14.2. South America Automotive Wheel Speed Sensor Market Overview 14.3. South America Automotive Wheel Speed Sensor Market Value Share Analysis, by Sensor Type 14.4. South America Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 14.4.1. Active 14.4.2. Passive 14.5. South America Automotive Wheel Speed Sensor Market Value Share Analysis, by Vehicle Type 14.6. South America Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 14.6.1. Passenger Sensor Type 14.6.2. Commercial Vehicle 14.7. South America Automotive Wheel Speed Sensor Market Value Share Analysis, by Country 14.8. South America Automotive Wheel Speed Sensor Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Automotive Wheel Speed Sensor Market Analysis, by Country 14.10. Brazil Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 14.10.1. Active 14.10.2. Passive 14.11. Brazil Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 14.11.1. Passenger Sensor Type 14.11.2. Commercial Vehicle 14.12. Mexico Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 14.12.1. Active 14.12.2. Passive 14.13. Mexico Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 14.13.1. Passenger Sensor Type 14.13.2. Commercial Vehicle 14.13.3. Rest of South America Automotive Wheel Speed Sensor Market Forecast, by Sensor Type 14.13.4. Active 14.13.5. Passive 14.14. Rest of South America Automotive Wheel Speed Sensor Market Forecast, by Vehicle Type 14.14.1. Passenger Sensor Type 14.14.2. Commercial Vehicle 14.15. South America Automotive Wheel Speed Sensor Market Attractiveness Analysis 14.15.1. By Sensor Type 14.15.2. By Vehicle Type 14.16. PEST Analysis 14.17. Key Trends 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Robert Bosch GmbH 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Continental AG 15.3.3. WABCO 15.3.4. Denso Corporation 15.3.5. ZF Friedrichshafen AG 15.3.6. NTN-SNR 15.3.7. Melexis 15.3.8. HELLA KGaA 15.3.9. Delphi Automotive PLC 15.3.10. NXP Semiconductors N.V 15.3.11. InnoSenT 15.3.12. First Sensor AG 15.3.13. Hitachi Metal 16. Primary Key Insights