The global Automotive Wheel Speed Sensor market size was valued at US$ 7911 million in 2023. With growing demand in downstream market, the Automotive Wheel Speed Sensor is forecast to a readjusted size of US$ 8972.7 million by 2030 with a CAGR of 1.8% during review period.
The research report highlights the growth potential of the global Automotive Wheel Speed Sensor market. Automotive Wheel Speed Sensor are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Wheel Speed Sensor. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Wheel Speed Sensor market.
Automotive wheel speed sensors are built in the four wheels of a vehicle, it detects the wheel speed and direction while driving.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Key Features:
The report on Automotive Wheel Speed Sensor market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Wheel Speed Sensor market. It may include historical data, market segmentation by Type (e.g., Passive Sensor, Active Sensor), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Wheel Speed Sensor market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Wheel Speed Sensor market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Wheel Speed Sensor industry. This include advancements in Automotive Wheel Speed Sensor technology, Automotive Wheel Speed Sensor new entrants, Automotive Wheel Speed Sensor new investment, and other innovations that are shaping the future of Automotive Wheel Speed Sensor.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Wheel Speed Sensor market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Wheel Speed Sensor product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Wheel Speed Sensor market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Wheel Speed Sensor market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Wheel Speed Sensor market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Wheel Speed Sensor industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Wheel Speed Sensor market.
Market Segmentation:
Automotive Wheel Speed Sensor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Passive Sensor
Active Sensor
Segmentation by application
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Hella
Bosch
FTE Automotive
Denso
ZF
Melexis
Delphi
Hitachi
First Sensor
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Wheel Speed Sensor market?
What factors are driving Automotive Wheel Speed Sensor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Wheel Speed Sensor market opportunities vary by end market size?
How does Automotive Wheel Speed Sensor break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Wheel Speed Sensor Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Automotive Wheel Speed Sensor by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Automotive Wheel Speed Sensor by Country/Region, 2019, 2023 & 2030
2.2 Automotive Wheel Speed Sensor Segment by Type
2.2.1 Passive Sensor
2.2.2 Active Sensor
2.3 Automotive Wheel Speed Sensor Sales by Type
2.3.1 Global Automotive Wheel Speed Sensor Sales Market Share by Type (2019-2024)
2.3.2 Global Automotive Wheel Speed Sensor Revenue and Market Share by Type (2019-2024)
2.3.3 Global Automotive Wheel Speed Sensor Sale Price by Type (2019-2024)
2.4 Automotive Wheel Speed Sensor Segment by Application
2.4.1 Passenger Car
2.4.2 Commercial Vehicle
2.5 Automotive Wheel Speed Sensor Sales by Application
2.5.1 Global Automotive Wheel Speed Sensor Sale Market Share by Application (2019-2024)
2.5.2 Global Automotive Wheel Speed Sensor Revenue and Market Share by Application (2019-2024)
2.5.3 Global Automotive Wheel Speed Sensor Sale Price by Application (2019-2024)
3 Global Automotive Wheel Speed Sensor by Company
3.1 Global Automotive Wheel Speed Sensor Breakdown Data by Company
3.1.1 Global Automotive Wheel Speed Sensor Annual Sales by Company (2019-2024)
3.1.2 Global Automotive Wheel Speed Sensor Sales Market Share by Company (2019-2024)
3.2 Global Automotive Wheel Speed Sensor Annual Revenue by Company (2019-2024)
3.2.1 Global Automotive Wheel Speed Sensor Revenue by Company (2019-2024)
3.2.2 Global Automotive Wheel Speed Sensor Revenue Market Share by Company (2019-2024)
3.3 Global Automotive Wheel Speed Sensor Sale Price by Company
3.4 Key Manufacturers Automotive Wheel Speed Sensor Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Automotive Wheel Speed Sensor Product Location Distribution
3.4.2 Players Automotive Wheel Speed Sensor Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Automotive Wheel Speed Sensor by Geographic Region
4.1 World Historic Automotive Wheel Speed Sensor Market Size by Geographic Region (2019-2024)
4.1.1 Global Automotive Wheel Speed Sensor Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Automotive Wheel Speed Sensor Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Automotive Wheel Speed Sensor Market Size by Country/Region (2019-2024)
4.2.1 Global Automotive Wheel Speed Sensor Annual Sales by Country/Region (2019-2024)
4.2.2 Global Automotive Wheel Speed Sensor Annual Revenue by Country/Region (2019-2024)
4.3 Americas Automotive Wheel Speed Sensor Sales Growth
4.4 APAC Automotive Wheel Speed Sensor Sales Growth
4.5 Europe Automotive Wheel Speed Sensor Sales Growth
4.6 Middle East & Africa Automotive Wheel Speed Sensor Sales Growth
5 Americas
5.1 Americas Automotive Wheel Speed Sensor Sales by Country
5.1.1 Americas Automotive Wheel Speed Sensor Sales by Country (2019-2024)
5.1.2 Americas Automotive Wheel Speed Sensor Revenue by Country (2019-2024)
5.2 Americas Automotive Wheel Speed Sensor Sales by Type
5.3 Americas Automotive Wheel Speed Sensor Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automotive Wheel Speed Sensor Sales by Region
6.1.1 APAC Automotive Wheel Speed Sensor Sales by Region (2019-2024)
6.1.2 APAC Automotive Wheel Speed Sensor Revenue by Region (2019-2024)
6.2 APAC Automotive Wheel Speed Sensor Sales by Type
6.3 APAC Automotive Wheel Speed Sensor Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Automotive Wheel Speed Sensor by Country
7.1.1 Europe Automotive Wheel Speed Sensor Sales by Country (2019-2024)
7.1.2 Europe Automotive Wheel Speed Sensor Revenue by Country (2019-2024)
7.2 Europe Automotive Wheel Speed Sensor Sales by Type
7.3 Europe Automotive Wheel Speed Sensor Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automotive Wheel Speed Sensor by Country
8.1.1 Middle East & Africa Automotive Wheel Speed Sensor Sales by Country (2019-2024)
8.1.2 Middle East & Africa Automotive Wheel Speed Sensor Revenue by Country (2019-2024)
8.2 Middle East & Africa Automotive Wheel Speed Sensor Sales by Type
8.3 Middle East & Africa Automotive Wheel Speed Sensor Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Automotive Wheel Speed Sensor
10.3 Manufacturing Process Analysis of Automotive Wheel Speed Sensor
10.4 Industry Chain Structure of Automotive Wheel Speed Sensor
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Automotive Wheel Speed Sensor Distributors
11.3 Automotive Wheel Speed Sensor Customer
12 World Forecast Review for Automotive Wheel Speed Sensor by Geographic Region
12.1 Global Automotive Wheel Speed Sensor Market Size Forecast by Region
12.1.1 Global Automotive Wheel Speed Sensor Forecast by Region (2025-2030)
12.1.2 Global Automotive Wheel Speed Sensor Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Automotive Wheel Speed Sensor Forecast by Type
12.7 Global Automotive Wheel Speed Sensor Forecast by Application
13 Key Players Analysis
13.1 Continental
13.1.1 Continental Company Information
13.1.2 Continental Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.1.3 Continental Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Continental Main Business Overview
13.1.5 Continental Latest Developments
13.2 Hella
13.2.1 Hella Company Information
13.2.2 Hella Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.2.3 Hella Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Hella Main Business Overview
13.2.5 Hella Latest Developments
13.3 Bosch
13.3.1 Bosch Company Information
13.3.2 Bosch Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.3.3 Bosch Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Bosch Main Business Overview
13.3.5 Bosch Latest Developments
13.4 FTE Automotive
13.4.1 FTE Automotive Company Information
13.4.2 FTE Automotive Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.4.3 FTE Automotive Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 FTE Automotive Main Business Overview
13.4.5 FTE Automotive Latest Developments
13.5 Denso
13.5.1 Denso Company Information
13.5.2 Denso Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.5.3 Denso Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Denso Main Business Overview
13.5.5 Denso Latest Developments
13.6 ZF
13.6.1 ZF Company Information
13.6.2 ZF Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.6.3 ZF Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 ZF Main Business Overview
13.6.5 ZF Latest Developments
13.7 Melexis
13.7.1 Melexis Company Information
13.7.2 Melexis Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.7.3 Melexis Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Melexis Main Business Overview
13.7.5 Melexis Latest Developments
13.8 Delphi
13.8.1 Delphi Company Information
13.8.2 Delphi Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.8.3 Delphi Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Delphi Main Business Overview
13.8.5 Delphi Latest Developments
13.9 Hitachi
13.9.1 Hitachi Company Information
13.9.2 Hitachi Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.9.3 Hitachi Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hitachi Main Business Overview
13.9.5 Hitachi Latest Developments
13.10 First Sensor
13.10.1 First Sensor Company Information
13.10.2 First Sensor Automotive Wheel Speed Sensor Product Portfolios and Specifications
13.10.3 First Sensor Automotive Wheel Speed Sensor Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 First Sensor Main Business Overview
13.10.5 First Sensor Latest Developments
14 Research Findings and Conclusion
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