Global Wheel Speed Sensor Market Research Report 2022

SKU ID : QYR-21041172

No. of pages : 101

Publishing Date : 08-Jun-2022

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.
Market Analysis and Insights: Global Wheel Speed Sensor Market
Due to the COVID-19 pandemic, the global Wheel Speed Sensor market size is estimated to be worth US$ 1809.2 million in 2022 and is forecast to a readjusted size of US$ 2855.1 million by 2028 with a CAGR of 7.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Hall Wheel Speed Sensor accounting for % of the Wheel Speed Sensor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Passenger Vehicle segment is altered to an % CAGR throughout this forecast period.
Global Wheel Speed Sensor key players include Bosch, Continental, MOBIS, etc. Global top three manufacturers hold a share over 50%.
Europe is the largest market, with a share about 25%, followed by China, and North America, both have a share over 45 percent.
In terms of product, Magnetic Electric Type is the largest segment, with a share over 65%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle, etc.
Global Wheel Speed Sensor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Wheel Speed Sensor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Hall Wheel Speed Sensor
Magnetic Electric Wheel Speed Sensor
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Company
Bosch
Continental
MOBIS
ZF TRW
AISIN
Delphi
WABCO
Knorr-Bremse
MHE
Hitachi Metal
Denso
Sejong Industrial
Xinyue Lianhui
Chengdu Changdi Sensing Technology Co., Ltd.
Info (Shanghai) Automotive Sensor Co., Ltd.
Ningbo New Strongteck Electromechanical Technology Co.,Ltd.
HANGHZOU LIN`AN TECHRUN ELECTRONICS CO., LTD
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects including drivers, restraints...
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