Market Overview:
The global ABS sensor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the rising awareness about vehicle safety. The Hall type segment is expected to dominate the global ABS sensor market during the forecast period, owing to its low manufacturing cost and high accuracy. Asia Pacific is expected to be the fastest-growing region in terms of CAGR during the forecast period, owing to rising demand for passenger vehicles and commercial vehicles in countries such as China and India.
Product Definition:
An ABS sensor is a device used to measure the speed of a vehicle's wheels. The information collected by the sensor is used by the ABS system to control brake application.
Hall Type:
The global hall type sensors market size was valued at USD 1.6 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for lightweight, compact, and portable devices that require low power consumption and are highly reliable.
Magnetic Electric Type:
Magnetic electric type is used in ABS sensor market. It's a new technology and has the ability to sense magnetic field for electricity generation. This device uses permanent magnets, which generate electrical energy when they are exposed to an alternating magnetic field.
Application Insights:
The passenger vehicle segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. Rising demand for electric and hybrid vehicles, along with stringent regulations regarding pollution levels in major economies such as China, Germany and U.S., are anticipated to propel industry growth over the forecast period.
Commercial Vehicle (CV) segment is also estimated to witness significant growth during the study period owing to increasing utilization of advanced safety features such as blind-spot detection systems, rear cross traffic alert system, forward collision warning system and lane departure warning systems on account of increased awareness about road accidents caused by lack of proper sensors installation in commercial vehicles.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to stringent government regulations and growing demand for advanced safety systems in vehicles. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due to increasing investments by governments and manufacturers in developing countries such as China and India. Moreover, rising sales of premium cars with high safety standards will drive product demand further.
Europe was valued at USD X million in 2017 owing to high vehicle penetration across several countries including Germany, Spain, France among others which are some of the major markets within this region.
Growth Factors:
- Increasing demand for ABS sensors in passenger cars and commercial vehicles
- Rising awareness about the benefits of ABS sensors among consumers
- Technological advancements in ABS sensor technology
- Growing demand for safety features in automobiles
- Stringent government regulations mandating the use of ABS sensors in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
ABS Sensor Market Research Report
By Type
Hall Type, Magnetic Electric Type
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Continental AG, Delphi, Denso, Bosch, NGK Spark Plug, Inzi Controls, Hyundai Kefico, Mitsubishi, Gems, Sensata, Weichai, Yuchai, Ampron, Dongfeng, Jucsan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global ABS Sensor Market Report Segments:
The global ABS Sensor market is segmented on the basis of:
Types
Hall Type, Magnetic Electric Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Continental AG
- Delphi
- Denso
- Bosch
- NGK Spark Plug
- Inzi Controls
- Hyundai Kefico
- Mitsubishi
- Gems
- Sensata
- Weichai
- Yuchai
- Ampron
- Dongfeng
- Jucsan
Highlights of The ABS Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hall Type
- Magnetic Electric Type
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ABS Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ABS sensor is a type of sensor used in automobiles to detect the presence or absence of ABS brakes.
Some of the major players in the abs sensor market are Continental AG, Delphi, Denso, Bosch, NGK Spark Plug, Inzi Controls, Hyundai Kefico, Mitsubishi, Gems, Sensata, Weichai, Yuchai, Ampron, Dongfeng, Jucsan.
The abs sensor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ABS Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ABS Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ABS Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ABS Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ABS Sensor Market Size & Forecast, 2018-2028
4.5.1 ABS Sensor Market Size and Y-o-Y Growth
4.5.2 ABS Sensor Market Absolute $ Opportunity
Chapter 5 Global ABS Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 ABS Sensor Market Size Forecast by Type
5.2.1 Hall Type
5.2.2 Magnetic Electric Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ABS Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 ABS Sensor Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ABS Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ABS Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America ABS Sensor Analysis and Forecast
9.1 Introduction
9.2 North America ABS Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America ABS Sensor Market Size Forecast by Type
9.6.1 Hall Type
9.6.2 Magnetic Electric Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America ABS Sensor Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe ABS Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe ABS Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe ABS Sensor Market Size Forecast by Type
10.6.1 Hall Type
10.6.2 Magnetic Electric Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe ABS Sensor Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific ABS Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ABS Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific ABS Sensor Market Size Forecast by Type
11.6.1 Hall Type
11.6.2 Magnetic Electric Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific ABS Sensor Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America ABS Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America ABS Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America ABS Sensor Market Size Forecast by Type
12.6.1 Hall Type
12.6.2 Magnetic Electric Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America ABS Sensor Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) ABS Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ABS Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) ABS Sensor Market Size Forecast by Type
13.6.1 Hall Type
13.6.2 Magnetic Electric Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) ABS Sensor Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ABS Sensor Market: Competitive Dashboard
14.2 Global ABS Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental AG
14.3.2 Delphi
14.3.3 Denso
14.3.4 Bosch
14.3.5 NGK Spark Plug
14.3.6 Inzi Controls
14.3.7 Hyundai Kefico
14.3.8 Mitsubishi
14.3.9 Gems
14.3.10 Sensata
14.3.11 Weichai
14.3.12 Yuchai
14.3.13 Ampron
14.3.14 Dongfeng
14.3.15 Jucsan
