Wheel Speed Sensor is a type of tachometer. It is a sender device used for reading the speed of a vehicle's wheel rotation.
Currently, the wheel speed sensors are different which installed in the same vehicle. For some vehicles, the front left wheel and the front right wheel are also different.
Wheel speed sensor is a sender device used for reading the speed of a vehicle's wheel rotation. The types of wheel speed sensor mainly include hall type and magnetic electric type.
The wheel speed sensor is relatively concentrated, the production of top ten manufacturers account about 87% of global production. The high-end products mainly come from Europe and China.
In the world wide, the plants of major manufactures mainly distribute in Europe and China. The transnational companies, like Bosch and Continental, are the leading manufactures in the World.
The import and export business of this industry is not very frequent. The main reason lies in that the wheel speed sensor manufactures build factories in the main consumption countries.
This industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more countries focus on car industry especially in underdevelopment regions that have fast economic growth and potentially car consumption, the need of wheel speed sensor will increase.
According to this study, over the next five years the Wheel Speed Sensor market will register a 1.4% CAGR in terms of revenue, the global market size will reach USD 7780 million by 2024, from USD 7160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wheel Speed Sensor business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wheel Speed Sensor market by product type, application, key manufacturers and key regions and countries.
This study considers the Wheel Speed Sensor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hall Type
Magnetic Electric Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Bosch
Continental
MOBIS
ZF TRW
AISIN
Delphi
WABCO
Knorr-Bremse
MHE
Hitachi Metal
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wheel Speed Sensor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wheel Speed Sensor market by identifying its various subsegments.
Focuses on the key global Wheel Speed Sensor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wheel Speed Sensor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wheel Speed Sensor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
