Global Wheel Speed Sensor Market Growth 2025-2031

Global Wheel Speed Sensor Market Growth 2025-2031

The global Wheel Speed Sensor market size is predicted to grow from US$ 1896 million in 2025 to US$ 3041 million in 2031; it is expected to grow at a CAGR of 8.2% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Wheel Speed Sensor Industry Forecast” looks at past sales and reviews total world Wheel Speed Sensor sales in 2024, providing a comprehensive analysis by region and market sector of projected Wheel Speed Sensor sales for 2025 through 2031. With Wheel Speed Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wheel Speed Sensor industry.

This Insight Report provides a comprehensive analysis of the global Wheel Speed Sensor 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 Wheel Speed Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wheel Speed Sensor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wheel Speed Sensor 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 Wheel Speed Sensor.

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.

Segmentation by Type:
Hall Wheel Speed Sensor
Magnetic Electric 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 analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

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

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

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

How do Wheel Speed Sensor market opportunities vary by end market size?

How does Wheel Speed Sensor break out by Type, by Application?

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