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Automotive Wheel Speed Sensor Market by Sensor Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

  • ID: 4828953
  • Report
  • Region: Global
  • 218 pages
  • Allied Analytics LLP
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The global wheel speed sensor market that also be known as ABS sensor used for different vehicle types. These sensors are specifically used for the purpose of anti-lock braking system to assist vehicles for safe braking and easy maneuvering in emergency situations. Wheel speed sensors holds a great potential in changing the safety of vehicles; thus making them more safe and comfortable. ABS sensors are designed to be useful whenever a driver slams on the brakes, particularly when road conditions are slippery or wet. In these conditions, a vehicle is more likely to slide, or skid, if the wheels lock. The primary function of ABS sensors allow you to avoid skidding and retain steering control after hard braking.
The global automotive wheel speed sensor market is dynamic in nature, and is expected to witness considerable growth during the forecast period. The global automotive wheel speed sensor market encompasses sensor type and vehicle type segment of the automotive wheel speed sensor market. The development of new and diversified technologies creates opportunities within the automotive industry. The automotive wheel speed sensor market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is from 2018 to 2025.
The global automotive wheel speed sensor market is segmented based on sensor type, vehicle type, and region. Based on sensor type, the market is fragmented into active and passive. Based on vehicle type, it is bifurcated into passenger car and commercial vehicle. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the automotive wheel speed sensor market include Continental AG, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, ZF Friedrichshafen AG, DENSO CORPORATION, Hitachi Metals, Ltd., Melexis, NTN-SNR, NXP Semiconductors, and WABCO

KEY BENEFITS FOR STAKEHOLDERS
  • This study presents the analytical depiction of the global automotive wheel speed sensor market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2018 to 2025 to highlight the financial competency of the market.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS

By Sensor Type
o Active
  • Active Hall Effect Sensor
  • Active Magneto Resistive Sensor
o Passive

By Vehicle Type
o Passenger Vehicle
o Commercial Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
By Region
o North America
  • U.S.
  • Canada
  • Mexico
o Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
o Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
o LAMEA
  • Latin America
  • Middle East
  • Africa
Note: Product cover images may vary from those shown
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Chapter 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter 2: EXECUTIVE SUMMARY
2.1. CXO perspective

Chapter 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pocket
3.2.3. Top winning strategies
3.3. Porter’s five forces analysis
3.4. Market share analysis (2017)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increase in adoption of anti-lock braking system in vehicles
3.5.1.2. Strict Government mandates for minimum stoppages distance
3.5.1.3. Increase in automotive sales across the globe
3.5.2. Restraint
3.5.2.1. High cost
3.5.3. Opportunities
3.5.3.1. Increase in Penetration of Electric Vehicles Across the Globe
3.5.3.2. Rise in Demand for Autonomous Vehicles

Chapter 4: AUTOMOTIVE WHEEL SPEED SENSOR MARKET, BY SENSOR TYPE
4.1. Overview
4.2. ACTIVE
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Active Hall effect sensor
4.2.4. Active magneto resistive sensor
4.2.5. Market analysis by country
4.3. PASSIVE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

Chapter 5: AUTOMOTIVE WHEEL SPEED SENSOR MARKET, BY VEHICLE TYPE
5.1. Overview
5.2. Passenger vehicle
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. COMMERCIAL VEHICLE
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Light commercial vehicles
5.3.4. Heavy Commercial Vehicles
5.3.5. Market analysis by country

Chapter 6: AUTOMOTIVE WHEEL SPEED SENSOR MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by sensor type
6.2.3. Market size and forecast, by vehicle type
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by sensor type
6.2.4.1.2. Market size and forecast, by vehicle type
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by sensor type
6.2.4.2.3. Market size and forecast, by vehicle type
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by sensor type
6.2.4.3.2. Market size and forecast, by vehicle type
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by sensor type
6.3.3. Market size and forecast, by vehicle type
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by sensor type
6.3.4.1.3. Market size and forecast, by vehicle type
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by sensor type
6.3.4.2.3. Market size and forecast, by vehicle type
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by sensor type
6.3.4.3.2. Market size and forecast, by vehicle type
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by sensor type
6.3.4.4.2. Market size and forecast, by vehicle type
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by sensor type
6.3.4.5.3. Market size and forecast, by vehicle type
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by sensor type
6.4.3. Market size and forecast, by vehicle type
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by sensor type
6.4.4.1.2. Market size and forecast, by vehicle type
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by sensor type
6.4.4.2.3. Market size and forecast, by vehicle type
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by sensor type
6.4.4.3.3. Market size and forecast, by vehicle type
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by sensor type
6.4.4.4.3. Market size and forecast, by vehicle type
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market size and forecast, by sensor type
6.4.4.5.3. Market size and forecast, by vehicle type
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by sensor type
6.5.3. Market size and forecast, by vehicle type
6.5.4. Market analysis by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by sensor type
6.5.4.1.3. Market size and forecast, by vehicle type
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by sensor type
6.5.4.2.3. Market size and forecast, by vehicle type
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by sensor type
6.5.4.3.3. Market size and forecast, by vehicle type

Chapter 7: COMPANY PROFILES
7.1. Continental AG
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. DENSO Corporation
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. Hella KGaA Hueck & Co.
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. Hitachi Metals, Ltd.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.5. Robert Bosch GmbH
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments
7.6. NTN-SNR
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. NXP Semiconductors N.V.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. Melexis NV
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio
7.8.4. Business performance
7.9. WABCO
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.9.4. Business performance
7.9.5. Key strategic moves and developments
7.10. ZF Friedrichshafen AG
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments

*Full List of Tables and Figures Available on Enquiry.

Note: Product cover images may vary from those shown
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According to this report titled, 'Automotive wheel speed sensor market by Sensor Type and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,' the global automotive wheel speed sensor market size was valued at $6,400.0 million in 2017, and is projected to reach $8,475.4 million by 2025, registering a CAGR of 3.6% from 2018 to 2025. The active segment was the highest contributor to the market, with $4,611.2 million in 2017, and is estimated to reach $6,003.5 million by 2025, at a CAGR of 3.4% during the forecast period.

At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global automotive wheel speed sensor market in 2017, whereas India is expected to grow at a significant rate in Asia-Pacific during the forecast period.

Increase in adoption of anti-locking braking system for vehicles, rise in concern of consumer toward safety & security features, and governments legislation to mandate the ABS system in cars are the main factors that boost the growth of the automotive wheel speed sensor industry. In addition, growth in production and sales of vehicles in developing countries of Asia-Pacific is mainly characterized fuel the growth of the automotive wheel speed sensor market. The automotive wheel speed sensor market share largely is directly related to the advancement and expansion of the ABS system.

The automotive wheel speed sensor market analysis is totally depend on the type & material used for its construction. Moreover, automobile companies focus on the innovations of speed sensor type of material. On April 2017, the original equipment manufacturer, Bosch successfully launched its Wheel Speed Sensor (also known as ABS Speed Sensor) program in the U.S. IAM. In addition, Continental Teves, the brake and chassis unit of Continental AG, has built a new 25,000 square foot, $US20 million wheel speed sensor plant in Silao, Mexico. This wheel speed sensors manufactured at Silao are used by the company's electronic brake systems plant in Morganton, North Carolina.

Technological advancements and growth in vehicle standards contribute toward the growth of the automotive wheel speed sensor market in Europe. Moreover, increase in sales of wheel loaders vehicles promoted the growth of advanced ABS system in Europe. High disposable income and rise in prevalence of vehicle standards drive the growth of the market specifically in European countries.

The automotive environment is changing at a rapid pace due to globalization. The increase in automotive sales has been caused due to the improvement in manufacturing facilities in most of the emerging countries such as China, India, and Brazil. The global automotive wheel speed sensor market opportunity has created the due to sectors promise of better productivity and sales as this sector consists of different segment such as premium and four wheelers, which in turn drives excellent profitability. This factor majorly influences prominent players of automotive sector to invest and expand the business through different segments to gain better profitability. Also, increase in disposable income of consumers and surge in passenger vehicles sale across the globe fuel the rise in demand for automotive vehicle. Developing countries such as India, China, and Brazil are the most promising countries for the automotive sector. The increase in demand for vehicles in automotive sector fuels the growth of the fabric market. In recent years, consumers have shifted their interest to technologically advanced requiring low cost and maintenance vehicles that has number of interior applications. This in turn increases the overall use of fabric in vehicle. Thus, such rise in the sales of automotive vehicles due to their advanced features is expected to create numerous opportunities for automotive wheel speed sensor market share expansion.

The automotive market is positively affected by safety regulations implemented by government for installation of airbags, seat belts, and anti-lock braking systems (ABS) in every vehicle. Europe and North America have been witnessed to follow these regulations more stringently as compared to Asia-Pacific and rest of the world. However, in developing countries, OEMs are providing airbags and anti-lock braking system (ABS) as standard features in vehicles, supporting the government to improve safety measures. This in turn increases the use of wheel speed sensors needed for in-vehicle safety features. Also, government of India is planning to set up its own safety authority Bharat National Car Assessment Programme (NCAP) that rates vehicle based on safety features used inside the car. Such initiatives from various governments create awareness about the safety features that directly boost the automotive wheel speed sensor market growth.

Furthermore, UK-based Elta started offering anti-lock braking system (ABS) sensors that prevents skidding and loss of control under harsh braking. This company delivers a range of ABS sensor as a part of VXPRO and Xevo brand programmes. The study presents analytical depiction of the automotive wheel speed sensor market analysis along with the current trends and future estimations to depict the imminent investment pockets. Furthermore, the current automotive wheel speed sensor market size is quantitatively analyzed from 2018 to 2025 to benchmark the financial competency.

Key Findings of the Automotive wheel speed sensor market:

In 2017, based on sensor type, the active segment generated the highest revenue.
In 2017, based on vehicle type, the passenger car segment was the highest revenue contributor.
In 2017, based on region, Asia-Pacific contributed the highest market revenue, followed by Europe, North America, and LAMEA.

The key players analyzed in this report are Continental AG, Robert Bosch GmbH, HELLA GmbH & Co. KGaA, ZF Friedrichshafen AG, DENSO CORPORATION, Hitachi Metals, Ltd., Melexis, NTN-SNR, NXP Semiconductors, and WABCO.
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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