Automotive Wheel Speed Sensor Market

Global Automotive Wheel Speed Sensor Market Size, Trends & Analysis - Forecasts to 2028 By Sensor Type (Active and Passive), By Vehicle Type (Passenger Vehicle and Commercial Vehicle), and By Region (North America, Asia Pacific, Central & South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Automotive & Transportation
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This report was recently updated on December 1 2023 with the latest and most recent market numbers

Global Automotive Wheel Speed Sensor Market Size

The global automotive wheel speed sensor market is expected to grow at a CAGR of 3.65% from 2023 to 2028. Automotive wheel speed sensors are essential components in modern vehicles as they monitor the speed of every single wheel in a vehicle and store the data on the onboard computer for safety and control purposes.

The global automotive wheel speed sensor market is witnessing growth due to the rising awareness and need for vehicle safety as well as advancements in automotive technology. The demand for vehicle safety features has increased due to growing consumer awareness and concerns about vehicle safety. This, therefore, fuels the need for wheel speed sensors and related safety systems. More advanced safety and driver-assist technologies have been integrated due to advancements in automotive technology. For these systems to work effectively, improved and accurate wheel speed sensors are needed. The need for advanced safety and control systems has surged as the number of electric vehicles produced has increased. Advanced safety features found in many electric vehicles are dependent on wheel speed sensors to function. For instance, according to the International Energy Agency, the global sales of electric cars increased from 4% in 2020 to 14% in 2022.

The market also has certain restraints. The complexity of wheel speed sensors is increasing, particularly with the incorporation of advanced safety and autonomous driving features. Creating and producing these sophisticated sensors can be expensive and complicated.

global automotive wheel speed sensor market

Global Automotive Wheel Speed Sensor Market: By Sensor type

Based on sensor type, the market is segmented into active and passive. The active segment is expected to be the highest contributor in terms of revenue over the forecast period. Active wheel speed sensors have taken the lead in the worldwide automotive wheel speed sensor market due to the increased demand for sophisticated safety systems and the requirement for precise and responsive data in contemporary vehicles. They actively generate their signal to detect wheel speed changes.

The passive segment is expected to grow fastest during the forecast period. They are powered by the vehicle's electrical system. A voltage is induced in the sensor when the wheel passes by and disrupts the magnetic field. They are mainly in demand for speed detection in heavy commercial vehicles. They are often used as replacement and spare parts for older vehicles that are compatible with passive wheel speed sensors only. Moreover, passive sensors are increasingly adopted in remote and rural areas of several emerging economies.

Global Automotive Wheel Speed Sensor Market: By Vehicle Type

Based on vehicle type, the market is segmented into passenger vehicle and commercial vehicle. The passenger segment is expected to dominate the market over the forecast period. Passenger vehicles are more common on the road and have a higher probability of getting into accidents and road mishaps. They represent a significant chunk of the global automotive market. Hence, the demand for wheel speed sensors for automotive vehicles is greater.

The commercial vehicle segment is projected to exhibit a higher CAGR in the forecast period. Increasing regulations controlling the safety of commercial vehicles, the rising need for dependable and long-lasting components in commercial applications, and developments in logistics and transportation technology all impact the demand for wheel speed sensors in commercial vehicles.

asia pacific automotive wheel speed sensor market

Global Automotive Wheel Speed Sensor Market: By Region

Asia Pacific is analyzed to be the largest region in the global automotive wheel speed sensor market during the forecast period due to rising urbanization and the growing automotive sector. Several APAC nations, such as China and India, among others, are witnessing increasing urbanization, which drives demand for passenger cars. Safety features are critical in congested urban environments owing to the high vehicle volume on the roads, and wheel speed sensors are essential for enabling stability control and anti-lock braking systems. Moreover, several regulations mandate the use of advanced safety systems, fuelling the adoption of wheel speed sensors to meet these requirements.

North America is analyzed to be the fastest-growing region in the global automotive wheel speed sensor market during the forecast period. The automotive sector is significant in the U.S., Canada, and Mexico. Moreover, the region is witnessing increasing adoption of advanced safety technologies, such as wheel speed sensors, fueled by regulatory standards in North America, particularly those pertaining to vehicle safety.

Global Automotive Wheel Speed Sensor Market Share and Competitor Analysis

The key players operating in the market are NXP Semiconductors N.V, Continental AG, Hella KGaA Hueck & Co., Robert Bosch GmbH, NTN-SNR, DENSO Corporation, WABCO, Hitachi Metals, Ltd., ZF Friedrichshafen AG, and Melexis NV amongst others.  

Please note: This is not an exhaustive list of companies profiled in the report.

Recent Developments

On October 31, 2023, Bosch announced the availability of Bosch MSC motorcycle stability control for sub-400cc models. It helps bikers maintain control in various situations. MSC combines a motorcycle ABS with a 3D or 6D inertial measurement unit (IMU), a type of ESP for motorized two-wheelers.

In March 2022, ZF announced that WABCO India Limited will be known as ZF Commercial Vehicle Control Systems India Limited, and it will be part of ZF’s new Commercial Vehicle Solutions (CVS) division. The brand name has been retained as a well-known original and aftermarket product brand.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL AUTOMOTIVE WHEEL SPEED MARKET, BY SENSOR TYPE

4.1   Introduction

4.2   Automotive Wheel Speed Market: Sensor Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Active

4.4.1        Active Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Passive

4.5.1        Passive Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL AUTOMOTIVE WHEEL SPEED MARKET, BY VEHICLE TYPE

5.1   Introduction

5.2   Automotive Wheel Speed Market: Vehicle Type Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Passenger Vehicle

5.4.1        Passenger Vehicle Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Commercial Vehicle

5.5.1        Commercial Vehicle Market Estimates and Forecast, 2020-2028 (USD Million)

6          GLOBAL AUTOMOTIVE WHEEL SPEED MARKET, BY REGION

6.1   Introduction

6.2   North America Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.1        By Sensor Type

6.2.2        By Vehicle Type

6.2.3        By Country

6.2.3.1     U.S. Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.1.1        By Sensor Type

6.2.3.1.2        By Vehicle Type

6.2.3.2     Canada Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.2.1        By Sensor Type

6.2.3.2.2        By Vehicle Type

6.2.3.3     Mexico Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.3.1        By Sensor Type

6.2.3.3.2        By Vehicle Type

6.3   Europe Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.1        By Sensor Type

6.3.2        By Vehicle Type

6.3.3        By Country

6.3.3.1     Germany Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.1.1        By Sensor Type

6.3.3.1.2        By Vehicle Type

6.3.3.2     U.K. Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.2.1        By Sensor Type

6.3.3.2.2        By Vehicle Type

6.3.3.3     France Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.3.1        By Sensor Type

6.3.3.3.2        By Vehicle Type

6.3.3.4     Italy Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.4.1        By Sensor Type

6.3.3.4.2        By Vehicle Type

6.3.3.5     Spain Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.5.1        By Sensor Type

6.3.3.5.2        By Vehicle Type

6.3.3.6     Netherlands Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Sensor Type

6.3.3.6.2        By Vehicle Type

6.3.3.7     Rest of Europe Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Sensor Type

6.3.3.6.2        By Vehicle Type

6.4   Asia Pacific Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.1        By Sensor Type

6.4.2        By Vehicle Type

6.4.3        By Country

6.4.3.1     China Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.1.1        By Sensor Type

6.4.3.1.2        By Vehicle Type

6.4.3.2     Japan Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.2.1        By Sensor Type

6.4.3.2.2        By Vehicle Type

6.4.3.3     India Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.3.1        By Sensor Type

6.4.3.3.2        By Vehicle Type

6.4.3.4     South Korea Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.4.1        By Sensor Type

6.4.3.4.2        By Vehicle Type

6.4.3.5     Singapore Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.5.1        By Sensor Type

6.4.3.5.2        By Vehicle Type

6.4.3.6     Malaysia Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Sensor Type

6.4.3.6.2        By Vehicle Type

6.4.3.7     Thailand Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Sensor Type

6.4.3.6.2        By Vehicle Type

6.4.3.8     Indonesia Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.7.1        By Sensor Type

6.4.3.7.2        By Vehicle Type

6.4.3.9     Vietnam Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.8.1        By Sensor Type

6.4.3.8.2        By Vehicle Type

6.4.3.10  Taiwan Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.10.1 By Sensor Type

6.4.3.10.2 By Vehicle Type

6.4.3.11  Rest of Asia Pacific Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.11.1 By Sensor Type

6.4.3.11.2 By Vehicle Type

6.5   Middle East and Africa Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.1        By Sensor Type

6.5.2        By Vehicle Type

6.5.3        By Country

6.5.3.1     Saudi Arabia Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.1.1        By Sensor Type

6.5.3.1.2        By Vehicle Type

6.5.3.2     U.A.E. Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.2.1        By Sensor Type

6.5.3.2.2        By Vehicle Type

6.5.3.3     Israel Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.3.1        By Sensor Type

6.5.3.3.2        By Vehicle Type

6.5.3.4     South Africa Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.4.1        By Sensor Type

6.5.3.4.2        By Vehicle Type

6.5.3.5     Rest of Middle East and Africa Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.5.1        By Sensor Type

6.5.3.5.2        By Vehicle Type

6.6   Central & South America Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.1        By Sensor Type

6.6.2        By Vehicle Type

6.6.3        By Country

6.6.3.1     Brazil Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.1.1        By Sensor Type

6.6.3.1.2        By Vehicle Type

6.6.3.2     Argentina Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.2.1        By Sensor Type

6.6.3.2.2        By Vehicle Type

6.6.3.3     Chile Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Sensor Type

6.6.3.3.2        By Vehicle Type

6.6.3.3     Rest of Central & South America Automotive Wheel Speed Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Sensor Type

6.6.3.3.2        By Vehicle Type

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        NXP Semiconductors N.V

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Continental AG

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Hella KGaA Hueck & Co.

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Robert Bosch GmbH

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        NTN-SNR

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        DENSO CORPORATION

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        WABCO  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        Hitachi Metals

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        ZF Friedrichshafen AG

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Melexis NV

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

2 Active Market, By Region, 2020-2028 (USD Mllion) 

3 Passive Market, By Region, 2020-2028 (USD Mllion)              

4 Global Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

5 Passenger Vehicle Market, By Region, 2020-2028 (USD Mllion)     

6 Commercial Vehicle Market, By Region, 2020-2028 (USD Mllion)

7 Regional Analysis, 2020-2028 (USD Mllion)

8 North America Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)           

9 North America Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)           

10 North America Automotive Wheel Speed Market, By country, 2020-2028 (USD Mllion)   

11 U.S. Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

12 U.S. Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)    

13 Canada Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

14 Canada Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

15 Mexico Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

16 Mexico Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

17 Europe Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

18 Europe Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

19 Europe Automotive Wheel Speed Market, By country, 2020-2028 (USD Mllion)

20 Germany Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

21 Germany Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

22 U.K. Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

23 U.K. Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)    

24 France Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

25 France Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

26 Italy Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

27 Italy Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)  

28 Spain Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

29 Spain Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

30 Netherlands Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)               

31 Netherlands Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

32 Rest Of Europe Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)          

33 Rest Of Europe Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)           

34 Asia Pacific Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)  

35 Asia Pacific Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

36 asia pacific Automotive Wheel Speed Market, By country, 2020-2028 (USD Mllion)

37 China Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

38 China Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

39 Japan Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

40 Japan Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

41 India Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

42 India Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion) 

43 South Korea Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

44 South Korea Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

45 Singapore Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

46 Singapore Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

47 Thailand Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

48 Thailand Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

49 Malaysia Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

50 Malaysia Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

51 Indonesia Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

52 Indonesia Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

53 Vietnam Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

54 Vietnam Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

55 Taiwan Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

56 Taiwan Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

57 Rest of APAC Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

58 Rest of APAC Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

59 Middle East and Africa Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)       

60 Middle East and Africa Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)       

61 Middle east and Africa Automotive Wheel Speed Market, By country, 2020-2028 (USD Mllion)

62 Saudi Arabia Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

63 Saudi Arabia Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

64 UAE Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

65 UAE Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)    

66 Israel Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

67 Israel Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

68 South Africa Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

69 South Africa Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

70 Rest Of Middle East and Africa Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)      

71 Rest Of Middle East and Africa Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)      

72 Central & South America Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)       

73 Central & South America Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)       

74 Central & South America Automotive Wheel Speed Market, By country, 2020-2028 (USD Mllion)       

75 Brazil Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

76 Brazil Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

77 Chile Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

78 Chile Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion) 

79 Argentina Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)

80 Argentina Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)

81 Rest Of Central & South America Automotive Wheel Speed Market, By Sensor Type, 2020-2028 (USD Mllion)      

82 Rest Of Central & South America Automotive Wheel Speed Market, By Vehicle Type, 2020-2028 (USD Mllion)      

83 NXP Semiconductors N.V: Products & Services Offering  

84 Continental AG: Products & Services Offering       

85 Hella KGaA Hueck & Co.: Products & Services Offering     

86 Robert Bosch GmbH: Products & Services Offering            

87 NTN-SNR: Products & Services Offering       

88 DENSO CORPORATION: Products & Services Offering             

89 WABCO : Products & Services Offering         

90 Hitachi Metals: Products & Services Offering        

91 ZF Friedrichshafen AG: Products & Services Offering       

92 Melexis NV: Products & Services Offering 

93 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Automotive Wheel Speed Market Overview

2 Global Automotive Wheel Speed Market Value From 2020-2028 (USD Mllion)

3 Global Automotive Wheel Speed Market Share, By Sensor Type (2022)

4 Global Automotive Wheel Speed Market Share, By Vehicle Type (2022)

5 Global Automotive Wheel Speed Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Automotive Wheel Speed Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Automotive Wheel Speed Market

10 Impact Of Challenges On The Global Automotive Wheel Speed Market

11 Porter’s Five Forces Analysis

12 Global Automotive Wheel Speed Market: By Sensor Type Scope Key Takeaways

13 Global Automotive Wheel Speed Market, By Sensor Type Segment: Revenue Growth Analysis

14 Active Market, By Region, 2020-2028 (USD Mllion)     

15 Passive Market, By Region, 2020-2028 (USD Mllion)  

16 Global Automotive Wheel Speed Market: By Vehicle Type Scope Key Takeaways

17 Global Automotive Wheel Speed Market, By Vehicle Type Segment: Revenue Growth Analysis

18 Passenger Vehicle Market, By Region, 2020-2028 (USD Mllion)      

19 Commercial Vehicle Market, By Region, 2020-2028 (USD Mllion)

20 Regional Segment: Revenue Growth Analysis

21 Global Automotive Wheel Speed Market: Regional Analysis

22 North America Automotive Wheel Speed Market Overview

23 North America Automotive Wheel Speed Market, By Sensor Type

24 North America Automotive Wheel Speed Market, By Vehicle Type

25 North America Automotive Wheel Speed Market, By Country

26 U.S. Automotive Wheel Speed Market, By Sensor Type

27 U.S. Automotive Wheel Speed Market, By Vehicle Type

28 Canada Automotive Wheel Speed Market, By Sensor Type

29 Canada Automotive Wheel Speed Market, By Vehicle Type

30 Mexico Automotive Wheel Speed Market, By Sensor Type

31 Mexico Automotive Wheel Speed Market, By Vehicle Type

32 Four Quadrant Positioning Matrix

33 Company Market Share Analysis

34 NXP Semiconductors N.V: Company Snapshot

35 NXP Semiconductors N.V: SWOT Analysis

36 NXP Semiconductors N.V: Geographic Presence

37 Continental AG: Company Snapshot

38 Continental AG: SWOT Analysis

39 Continental AG: Geographic Presence

40 Hella KGaA Hueck & Co.: Company Snapshot

41 Hella KGaA Hueck & Co.: SWOT Analysis

42 Hella KGaA Hueck & Co.: Geographic Presence

43 Robert Bosch GmbH: Company Snapshot

44 Robert Bosch GmbH: Swot Analysis

45 Robert Bosch GmbH: Geographic Presence

46 NTN-SNR: Company Snapshot

47 NTN-SNR: SWOT Analysis

48 NTN-SNR: Geographic Presence

49 DENSO CORPORATION: Company Snapshot

50 DENSO CORPORATION: SWOT Analysis

51 DENSO CORPORATION: Geographic Presence

52 WABCO : Company Snapshot

53 WABCO : SWOT Analysis

54 WABCO : Geographic Presence

55 Hitachi Metals: Company Snapshot

56 Hitachi Metals: SWOT Analysis

57 Hitachi Metals: Geographic Presence

58 ZF Friedrichshafen AG.: Company Snapshot

59 ZF Friedrichshafen AG.: SWOT Analysis

60 ZF Friedrichshafen AG.: Geographic Presence

61 Melexis NV: Company Snapshot

62 Melexis NV: SWOT Analysis

63 Melexis NV: Geographic Presence

64 Other Companies: Company Snapshot

65 Other Companies: SWOT Analysis

66 Other Companies: Geographic Presence

The Global Automotive Wheel Speed Sensor Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Automotive Wheel Speed Sensor Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Automotive Wheel Speed Sensor Market.

Automotive Wheel Speed Sensor Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Automotive Wheel Speed Sensor Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Automotive Wheel Speed Sensor Market Share

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Frequently Asked Questions

The global automotive wheel speed sensor market is expected to grow at a CAGR of 3.65 % from 2023 to 2028.
The key players operating in the market are NXP Semiconductors N.V, Continental AG, Hella KGaA Hueck & Co., Robert Bosch GmbH, NTN-SNR, DENSO Corporation, WABCO, Hitachi Metals, Ltd., ZF Friedrichshafen AG, and Melexis NV, among others.
The global automotive wheel speed sensor market is expected to gain opportunities due to the growing awareness and need for vehicle safety as well as advancements in automotive technology. Additionally, there is a growing demand for electronic vehicles which increases the demand for automotive components including wheel speed sensors.
Global automotive wheel speed sensor market growth is driven by the growing awareness and need for vehicle safety as well as advancements in automotive technology.

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