North America Speed Sensors Market Research Report Forecast to 2030

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from $2,950	116 Pages	Market Research Future	March, 2024	RESFT18627960

Best Price Guarantee
Price	from $2,950
Length	116 Pages
Publisher	Market Research Future
Published Date	March, 2024
SKU	RESFT18627960

North America Speed Sensors Market Research Report Forecast to 2030

As per MRFR, the North America Speed Sensor Market has been growing steadily over the past few years. It is expected to reach USD 1,784.3 million by 2030, at a CAGR of 6.0% during the forecast period, 2023–2030.

The increasing demand of electronics in automotive sector; increase in industrial automation by monitoring and controlling the speed of machineries and processes, for efficient and productivity improvement; and increase in demand of speed sensors for usages in turbines, generators, and wind turbines to monitor the rotational speed and ensuring optimal performance in energy sector are driving the demand for speed sensor for North America region.

North America, particularly the United States, has a substantial automotive manufacturing sector. The growing demand for vehicles, including electric and autonomous vehicles, is driving the need for advanced speed sensors for various applications, including engine control, transmission control, and vehicle safety systems. There are many industrial applications that require monitoring rotational speed and standstill. Speed sensors are used in the automotive, food, steel and mining industries to detect standstills, overspeed’s, and under-speeds on drives and conveyor belts. Speed sensors are used on mobile machines like forklift trucks to track speed.

Market Segmentation

The North America Speed Sensor Market has been segmented based on Type, Industry vertical, and country. Based on the Type, Hall Effect Speed Sensors accounted for the largest market share with a market value of USD 353.1 million in 2022 and is projected to grow at a CAGR of 4.5%. Based on Industry vertical, Automotive accounted for the largest market share with a market value of USD 528.8 million in 2022, which is projected to grow at the CAGR of 6.6% during the forecasted period. The industry vertical is further bifurcated into Automotive, Aerospace and Defense, Rail and Transit Industry, Electronics, Industrial, and Others. Based on the sub segments Automotive, Transmission accounted for the largest market share with a market value of USD 146.6 million in 2022 and is projected to grow at a CAGR of 6.8%. Based on the sub segments Aerospace and Defense, Aircraft accounted for the largest market share with a market value of USD 96.7 million in 2022 and is projected to grow at a CAGR of 5.5%. Based on the sub segments Rail and Transit Industry, Propulsion/ Traction Motor accounted for the largest market share with a market value of USD 109.4 million in 2022 and is projected to grow at a CAGR of 6.3%.

Major Players

The key vendors in the market are Rockwell Automation, Inc., ABB, NXP Semiconductors, STMicroelectronics, Infineon Technologies AG, Schneider Electric, Smith Systems, Inc., HYDAC Technology Corporation, Micro-Epsilon, Texas Instruments Incorporated, Continental AG, Bosch Engineering, Motion Sensors, Inc., Rechner Sensors, and Honeywell International Inc. and others.

Companies Mentioned

Rockwell Automation Inc.
ABB
NXP Semiconductors
STMicroelectronics
Infineon Technologies AG
Schneider Electric
Smith Systems Inc.
HYDAC Technology Corporation
Micro-Epsilon
Texas Instruments Incorporated
Continental AG
Bosch Engineering
Motion Sensors Inc.
Rechner Sensors
and Honeywell International Inc. and others.

1 Executive Summary
2 Market Introduction: 2.1 Definition; 2.2 Scope Of The Study; 2.3 Research Objective; 2.4 Market Structure
3 Research Methodology
4 Market Dynamics: 4.1 Introduction; 4.2 Drivers; 4.2.1 Increasing Demand Of Electronics In Automative Sector.; 4.2.2 Growing Adoption Of Anti-lock Braking System Technology; 4.2.3 Increase In Industrial Automation By Monitoring And Controlling The Speed Of; Machineries And Processes; 4.2.4 Increase In Demand Of Speed Sensors For Usages In Turbines, Generators And Wind; Turbines To Monitor The Rotational Speed; 4.2.5 Drivers Impact Analysis; 4.3 Restraints; 4.3.1 Competitive Pricing; 4.4 Opportunities; 4.4.1 Rising Demand For Speed Sensors From The Healthcare Sector; 4.4.2 Development Of Low Power And High Accuracy Speed Sensors; 4.5 Trends In Speed Sensors Market; 4.5.1 3 & 4 Channel Hall Effect Speed Sensor For Railway Applications; 4.5.2 E-bike Speed Sensor Enriches The New Trend Of Abs Applications
5 Market Factor Analysis: 5.1 Value Chain Analysis; 5.1.1 Raw Material And Components Providers; 5.1.2 Sensor Manufacturers; 5.1.3 Distribution & Sales; 5.1.4 End User Industries; 5.2 Porter's Five Forces Model; 5.2.1 Threat Of New Entrants; 5.2.2 Bargaining Power Of Suppliers; 5.2.3 Threat Of Substitutes; 5.2.4 Bargaining Power Of Buyers; 5.2.5 Intensity Of Rivalry
6 North America Speed Sensors Market, By Type: 6.1 Overview; 6.1.1 North America Speed Sensors Market, By Type, 2019–2030 (Usd Million); 6.2 Hall Effect Speed Sensors; 6.2.1.1 North America Speed Sensors Market, By Hall Effect Speed Sensor, 2019–2030; (Usd Million); 6.2.2 Basic; 6.2.3 Amplified; 6.2.4 Explosion Proof; 6.2.5 Intrinsically Safe; 6.3 Variable Reluctance Speed Sensors; 6.3.1.1 North America Speed Sensors Market, By Variable Reluctance Speed Sensor,; 2019–2030 (Usd Million); 6.3.2 Amplified; 6.3.3 Explosion Proof; 6.3.4 Intrinsically Safe; 6.4 Rf (Inductive) Speed Sensor; 6.4.1.1 North America Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–; (Usd Million); 6.4.2 Amplified; 6.4.3 Explosion Proof; 6.4.4 Intrinsically Safe; 6.5 Magnetoresistive Speed Sensor; 6.5.1.1 North America Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030; (Usd Million); 6.5.2 Amplified; 6.5.3 Explosion Proof; 6.5.4 Intrinsically Safe
7 North America Speed Sensors Market, By Industry Vertical: 7.1 Overview; 7.1.1 North America Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); 7.2 Automotive; 7.2.1.1 North America Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); 7.2.2 Wheel; 7.2.3 Powertrain; 7.2.4 Transmission; 7.3 Aerospace And Defense; 7.3.1.1 North America Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); 7.3.2 Commercial Aircraft; 7.3.3 Defense Space; 7.4 Consumer Electronics; 7.5 Industrial; 7.5.1.1 North America Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); 7.5.2 Food & Beverage; 7.5.3 Oil & Gas; 7.5.4 Chemical; 7.5.5 Power & Utilities; 7.5.6 Water & Waste Water; 7.5.7 Metal & Mining; 7.5.8 Manufacturing; 7.6 Medical
8 North America Speed Sensors Market, By Country: 8.1 Overview; 8.1.1 North America Speed Sensors Market, By Country, 2022 Vs 2030 (Usd Million); 8.1.2 North America: Speed Sensors Market, By Country, 2019–2030 (Usd Million); 8.2 Us; 8.2.1 Us Speed Sensors Market, By Type, 2019–2030 (Usd Million); 8.2.1.1 Us Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); 8.2.1.2 Us Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million); 8.2.1.3 Us Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); 8.2.1.4 Us Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); 8.2.2 Us Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); 8.2.2.1 Us Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); 8.2.2.2 Us Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); 8.2.2.3 Us Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); 8.3 Canada; 8.3.1 Canada Speed Sensors Market, By Type, 2019–2030 (Usd Million); 8.3.1.1 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); 8.3.1.2 Canada Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030; (Usd Million); 8.3.1.3 Canada Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); 8.3.1.4 Canada Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); 8.3.2 Canada Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); 8.3.2.1 Canada Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); 8.3.2.2 Canada Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); 8.3.2.3 Canada Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); 8.4 Mexico; 8.4.1 Mexico Speed Sensors Market, By Type, 2019–2030 (Usd Million); 8.4.1.1 Mexico Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); 8.4.1.2 Mexico Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030; (Usd Million); 8.4.1.3 Mexico Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); 8.4.1.4 Mexico Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); 8.4.2 Mexico Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); 8.4.2.1 Mexico Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); 8.4.2.2 Mexico Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); 8.4.2.3 Mexico Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
9 Competitve Landscape: 9.1 Competitive Benchmarking; 9.2 Vendor Share Analysis; 9.3 Recent Developments; 9.3.1 Product Development; 9.3.2 Partnerships/Agreements/Contracts/Collaborations
10 Company Profiles: 10.1 Rockwell Automation, Inc.; 10.1.1 Company Overview; 10.1.2 Financial Overview; 10.1.3 Products/Solutions/Services Offered; 10.1.4 Key Developments; 10.1.5 Swot Analysis; 10.1.6 Key Strategies; 10.2 Abb Ltd; 10.2.1 Company Overview; 10.2.2 Financial Overview; 10.2.3 Products/Solutions/Services Offered; 10.2.4 Key Developments; 10.2.5 Swot Analysis; 10.2.6 Key Strategies; 10.3 Nxp Semiconductors N.V.; 10.3.1 Company Overview; 10.3.2 Financial Overview; 10.3.3 Products/Solutions/Services Offered; 10.3.4 Key Developments; 10.3.5 Swot Analysis; 10.3.6 Key Strategies; 10.4 Stmicroelectronics; 10.4.1 Company Overview; 10.4.2 Financial Overview; 10.4.3 Products/Solutions/Services Offered; 10.4.4 Key Developments; 10.4.5 Swot Analysis; 10.4.6 Key Strategies; 10.5 Infineon Technologies Ag; 10.5.1 Company Overview; 10.5.2 Financial Overview; 10.5.3 Products/Solutions/Services Offered; 10.5.4 Key Developments; 10.5.5 Swot Analysis; 10.5.6 Key Strategies; 10.6 Schneider Electric; 10.6.1 Company Overview; 10.6.2 Financial Overview; 10.6.3 Products/Solutions/Services Offered; 10.6.4 Key Developments; 10.6.5 Swot Analysis; 10.6.6 Key Strategies; 10.7 Smith Systems, Inc.; 10.7.1 Company Overview; 10.7.2 Financial Overview; 10.7.3 Products/Solutions/Services Offered; 10.7.4 Key Developments; 10.7.5 Swot Analysis; 10.8 Hydac Technology Corporation; 10.8.1 Company Overview; 10.8.2 Financial Overview; 10.8.3 Products/Solutions/Services Offered; 10.8.4 Key Developments; 10.8.5 Swot Analysis; 10.9 Micro-epsilon; 10.9.1 Company Overview; 10.9.2 Financial Overview; 10.9.3 Products/Solutions/Services Offered; 10.9.4 Key Developments; 10.9.5 Swot Analysis; 10.10 Texas Instruments Incorporated; 10.10.1 Company Overview; 10.10.2 Financial Overview; 10.10.3 Solutions Offered; 10.10.4 Key Developments; 10.10.5 Swot Analysis; 10.10.6 Key Strategies; 10.11 Continental Ag; 10.11.1 Company Overview; 10.11.2 Financial Overview; 10.11.3 Products/Solutions/Services Offered; 10.11.4 Key Developments; 10.11.5 Swot Analysis; 10.11.6 Key Strategies; 10.12 Bosch Engineering; 10.12.1 Company Overview; 10.12.2 Financial Overview; 10.12.3 Products/Solutions/Services Offered; 10.12.4 Key Developments; 10.12.5 Swot Analysis; 10.12.6 Key Strategies; 10.13 Motion Sensors, Inc.; 10.13.1 Company Overview; 10.13.2 Financial Overview; 10.13.3 Products/Solutions/Services Offered; 10.13.4 Key Developments; 10.13.5 Swot Analysis; 10.14 Rechner Sensors; 10.14.1 Company Overview; 10.14.2 Financial Overview; 10.14.3 Products/Solutions/Services Offered; 10.14.4 Key Developments; 10.14.5 Swot Analysis; 10.15 Honeywell International Inc.; 10.15.1 Company Overview; 10.15.2 Financial Overview; 10.15.3 Products/Solutions/Services Offered; 10.15.4 Key Developments; 10.15.5 Swot Analysis; 10.15.6 Key Strategies
List Of Tables: Table 1 Market Synopsis; Table 2 North America Speed Sensors Market, By Type, 2019–2030 (Usd Million); Table 3 North America Speed Sensors Market, By Hall Effect Speed Sensor, 2019–2030 (Usd Million); Table 4 North America Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million); Table 5 North America Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); Table 6 North America Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); Table 7 North America Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); Table 8 North America Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); Table 9 North America Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); Table 10 North America Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); Table 11 North America Speed Sensors Market, By Country, 2019–2030 (Usd Million); Table 12 Us Speed Sensors Market, By Type, 2019–2030 (Usd Million); Table 13 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); Table 14 Us Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million); Table 15 Us Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); Table 16 Us Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); Table 17 Us Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); Table 18 Us Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); Table 19 Us Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); Table 20 Us Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); Table 21 Canada Speed Sensors Market, By Type, 2019–2030 (Usd Million); Table 22 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); Table 23 Canada Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million); Table 24 Canada Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); Table 25 Canada Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); Table 26 Canada Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); Table 27 Canada Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); Table 28 Canada Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); Table 29 Canada Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); Table 30 Mexico Speed Sensors Market, By Type, 2019–2030 (Usd Million); Table 31 Mexico Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million); Table 32 Mexico Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million); Table 33 Mexico Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million); Table 34 Mexico Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million); Table 35 Mexico Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million); Table 36 Mexico Speed Sensors Market, By Automotive, 2019–2030 (Usd Million); Table 37 Mexico Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million); Table 38 Mexico Speed Sensors Market, By Industrial, 2019–2030 (Usd Million); Table 39 Global North America Speed Sensor Market: Competitive Dashboard; Table 40 Product Development; Table 41 Partnerships/Agreements/Contracts/Collaborations; Table 42 Rockwell Automation, Inc.: Products/Solutions/Services Offered; Table 43 Rockwell Automation, Inc: Key Developments; Table 44 Abb Ltd: Products/Solutions/Services Offered; Table 45 Abb Ltd: Key Developments; Table 46 Nxp Semiconductors N.V: Products/Solutions/Services Offered; Table 47 Nxp Semiconductors N.V: Key Developments; Table 48 Stmicroelectronics: Products/Solutions/Services Offered; Table 49 Infineon Technologies Ag: Products/Solutions/Services Offered; Table 50 Infineon Technologies Ag: Key Developments; Table 51 Schneider Electric Company.: Products/Solutions/Services Offered; Table 52 Smith Systems, Inc. Products/Solutions/Services Offered; Table 53 Hydac Technology Corporation: Products/Solutions/Services Offered; Table 54 Micro-epsilon: Products/Solutions/Services Offered; Table 55 Texas Instruments Incorporated: Solutions Offered; Table 56 Texas Instruments Incorporated: Key Developments; Table 57 Continental Ag: Products/Solutions/Services Offered; Table 58 Continental Ag: Key Developments; Table 59 Bosch Engineering: Products/Solutions/Services Offered; Table 60 Bosch Engineering: Key Developments; Table 61 Motion Sensors, Inc: Products/Solutions/Services Offered; Table 62 Rechner Sensors.: Products/Solutions/Services Offered; Table 63 Honeywell International Inc.: Products/Solutions/Services Offered
List Of Figures: Figure 1 North America Speed Sensor Market: Market Structure; Figure 2 Bottom-up And Top-down Approaches; Figure 3 Market Dynamic Analysis Of The North America Speed Sensor Market; Figure 4 Driver Impact Analysis; Figure 5 Restraints Impact Analysis; Figure 6 Value Chain: North America Speed Sensor Market; Figure 7 Porter's Five Forces Analysis Of The North America Speed Sensor Market; Figure 8 North America Speed Sensors Market, By Type, 2022 (% Share); Figure 9 North America Speed Sensors Market, By Type, 2022 Vs 2030 (Usd Million); Figure 10 North America Speed Sensors Market, By Industry Vertical, 2022 (% Share); Figure 11 North America Speed Sensors Market, By Industry Vertical, 2022 Vs 2030 (Usd Million); Figure 12 North America Speed Sensors Market, By Country, 2022 (% Share); Figure 13 North America Speed Sensors Market, By Country, 2022 Vs 2030 (Usd Million); Figure 14 Global North America Speed Sensor Market: Competitive Benchmarking; Figure 15 Vendor Share Analysis (2022, % Share); Figure 16 Rockwell Automation, Inc.: Financial Overview Snapshot; Figure 17 Rockwell Automation, Inc.: Swot Analysis; Figure 18 Abb Ltd: Financial Overview Snapshot; Figure 19 Abb Ltd: Swot Analysis; Figure 20 Nxp Semiconductors N.V.: Financial Overview Snapshot; Figure 21 Nxp Semiconductors N.V: Swot Analysis; Figure 22 Stmicroelectronics: Financial Overview Snapshot; Figure 23 Stmicroelectronics: Swot Analysis; Figure 24 Infineon Technologies Ag: Financial Overview Snapshot; Figure 25 Infineon Technologies Ag: Swot Analysis; Figure 26 Schneider Electric.: Financial Overview Snapshot; Figure 27 Schneider Electric.: Swot Analysis; Figure 28 Smith Systems, Inc.: Swot Analysis; Figure 29 Hydac Technology Corporation: Swot Analysis; Figure 30 Micro-epsilon: Swot Analysis; Figure 31 Texas Instruments Incorporated: Financial Overview Snapshot; Figure 32 Texas Instruments Incorporated: Swot Analysis; Figure 33 Continental Ag: Financial Overview Snapshot; Figure 34 Continental Ag: Swot Analysis; Figure 35 Bosch Engineering: Financial Overview Snapshot; Figure 36 Bosch Engineering: Swot Analysis; Figure 37 Motion Sensors, Inc: Swot Analysis; Figure 38 Rechner Sensors.: Swot Analysis; Figure 39 Honeywell International Inc.: Financial Overview Snapshot; Figure 40 Honeywell International Inc.: Swot Analysis