Global Active Wheel Speed Sensors Market Growth 2023-2029

Global Active Wheel Speed Sensors Market Growth 2023-2029

The global Active Wheel Speed Sensors market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Active wheel speed sensors play a critical role in enhancing vehicle safety by providing real-time information about wheel rotation. They are essential for the proper functioning of ABS systems, stability control systems, traction control systems, and other advanced driver-assistance systems (ADAS) that rely on wheel speed data.

Active wheel speed sensors, also known as wheel speed sensors or ABS (Anti-lock Braking System) sensors, are sensors used in automotive applications to monitor the rotational speed of individual wheels. They are a crucial component of the ABS system and other vehicle safety systems that rely on wheel speed data.

LPI (LP Information)' newest research report, the “Active Wheel Speed Sensors Industry Forecast” looks at past sales and reviews total world Active Wheel Speed Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Active Wheel Speed Sensors sales for 2023 through 2029. With Active Wheel Speed Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Active Wheel Speed Sensors industry.

This Insight Report provides a comprehensive analysis of the global Active Wheel Speed Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Active Wheel Speed Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Active Wheel Speed Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Active Wheel Speed Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Active Wheel Speed Sensors.

This report presents a comprehensive overview, market shares, and growth opportunities of Active Wheel Speed Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Magnetic Electric Wheel Speed Sensor
Hall Wheel Speed Sensor

Segmentation by application
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZF Friedrichshafen
AISIN
Delphi
WABCO
Bosch
Continental
MOBIS
Denso
Sejong Industrial
Xinyue Lianhui
Knorr-Bremse
Hitachi Metal
Ningbo New Strongteck Electromechanical Technology Co.,Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Active Wheel Speed Sensors market?

What factors are driving Active Wheel Speed Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Active Wheel Speed Sensors market opportunities vary by end market size?

How does Active Wheel Speed Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.