According to our (Global Info Research) latest study, the global Wheel Speed Sensor market size was valued at US$ 1862 million in 2024 and is forecast to a readjusted size of USD 3114 million by 2031 with a CAGR of 7.7% during review period.
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.
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.
This report is a detailed and comprehensive analysis for global Wheel Speed Sensor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Wheel Speed Sensor market size and forecasts, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Wheel Speed Sensor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Wheel Speed Sensor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Units), and average selling prices (USD/Unit), 2020-2031
Global Wheel Speed Sensor market shares of main players, shipments in revenue ($ Million), sales quantity (Million Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wheel Speed Sensor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wheel Speed Sensor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE, Hitachi Metal, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Wheel Speed Sensor market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hall Wheel Speed Sensor
Magnetic Electric Wheel Speed Sensor
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wheel Speed Sensor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wheel Speed Sensor, with price, sales quantity, revenue, and global market share of Wheel Speed Sensor from 2020 to 2025.
Chapter 3, the Wheel Speed Sensor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wheel Speed Sensor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Wheel Speed Sensor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wheel Speed Sensor.
Chapter 14 and 15, to describe Wheel Speed Sensor sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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