Automotive Wheel Speed Sensor Market Introduction

Global automotive wheel speed sensor market is poised to value over US$ 8 billion by 2027 end, growing at a CAGR of over 3% during the forecast period, 2020-2027.
The latest published market intelligence report by FutureWise titled 'Automotive Wheel Speed Sensor Market: Global Opportunity Analysis and Industry Forecast, 2020-2027', examines the global market in terms of vehicle type, sensor type, region, major market players and competitive presence for the period 2020 to 2027.  
The demand for enhancement of vehicle safety features and increasing vehicle production globally are major factors driving the growth of automotive wheel speed sensor market. Securing road and driver safety is a major challenge today and is expected to be a concern in the near future as well. Many road accidents are caused due to reactions of the driver such as slow or panicked reaction in the case of accidents. Technologically advanced automotive wireless electronics are competent in operating various driving features which diminish significant human errors and enhance vehicle safety. The automotive wheel speed sensor has been one of the significant advancements in the automotive sector and is progress forward in enhancing driver comfort, and safety.

 Automotive Wheel Speed Sensor Market

Automotive Wheel Speed Sensor Market Segmentation:

By Vehicle Type

  • Passenger Cars  
  • Commercial Vehicles
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Sensor Type 

  • Active
  • Active Hall Effect Sensor
  • Active Magneto Resistive Sensor
  • Passive

By Region 

  • North America
  • Latin America 
  • Europe 
  • Asia Pacific 
  • Rest of the World 

Major Market Players Profiled:

  • Continental AG
  • DENSO Corporation
  • Hella KGaA Hueck & Co.
  • Robert Bosch GmbH
  • NXP Semiconductors N.V.
  • Melexis NV
  • ZF Friedrichshafen AG

Competitive Landscape:   

  • Tier 1 players- established companies in the market with a major    market share 
  • Tier 2 players  
  • Emerging players which are growing rapidly  
  • New Entrants   

FutureWise Key Takeaways:  

  • Growth prospects 
  • SWOT analysis  
  • Key trends  
  • Key data-points affecting market growth  

Objectives of the Study:  

  • To provide with an exhaustive analysis on the global automotive wheel speed sensor market on the basis of vehicle type, sensor type, region, major market players and competitive presence for the period 2019 to 2026
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
  • To evaluate and forecast micro-markets and the overall market  
  • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East 
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
  • Profiling of companies to evaluate their market shares, strategies, financials and core competencies   


Need Assistance


UK : +44 141 628 9353
US : +1 347 709 4931


Contact Sales

What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics