Market Overview:
The global ABS speed sensor market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,521.4 Mn by 2030, registering a CAGR of 6.9% from 2018 to 2030. The growth of the global ABS speed sensor market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, the increasing adoption of advanced safety features in automobiles is also expected to fuel the growth of the global ABS speed sensor market during forecast period. On basis of type, OEMs segment is anticipated to account for majority share in terms revenue contribution followed by aftermarket segment over forecast period.
Product Definition:
An ABS speed sensor is a component of an anti-lock braking system. It senses the speed of the wheels and sends this information to the ABS controller. This allows the controller to adjust brake pressure as needed to prevent wheel lockup.
OEMs:
OEMs are the manufacturer's parts, which means they were designed and manufactured by the same company that designed and manufactured the product under consideration. In automotive industry, it is used for referring to automobile manufacturers who supply their products to another company for incorporation into its end-product. For example: Acura supplies steering wheels and suspension systems to Honda; thus, Honda would be known as an OEM of Acura.
Aftermarket:
Aftermarket is the second hand market for consumer goods. The ABS speed sensor was first used in the automotive sector to measure wheel speed and position. It has since been adopted by other industries such as aerospace, robotics, and medical equipment manufacturing.
The Aftermarket consists of two parts: new product sales (including replacement products) and service contracts/products (including maintenance & repair).
Application Insights:
The automotive application segment accounted for a share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. Increasing demand for lightweight materials has led to an increase in the use of composites, which are manufactured using thermoplastics, such as polycarbonate and aramid fiber reinforced plastics. These types of materials have excellent properties such as low weight, high strength-to-weight ratio and stiffness, which make them suitable for use in vehicle components including fender liners, headlamp bezels and side door panels.
ABS is used extensively across all vehicle segments owing to its superior performance characteristics when compared with conventional rubber or plastic tires on account of its higher resistance against abrasion & impact forces coupled with better grip on varied surfaces such as concrete & asphalt roads along with improved ride quality & handling capabilities on snow & ice rims among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for vehicles in countries, such as China and India. The growing population in these countries has led to an increase in demand for passenger cars and this is likely to have a positive impact on market growth.
The European region accounted for more than 25% of the overall share in 2017 owing to stringent regulations implemented by regulatory bodies, such as SAE International (SAE) and American Petroleum Institute (API). Implementation of these standards has made it mandatory for speed sensing systems that use hydraulic pressure sensors or optical fiber gyroscopes with a bandwidth less than 10kHz. This factor is projected to further boost regional product demand over the next eight years.
Growth Factors:
- Increasing demand for ABS systems in passenger cars and commercial vehicles
- Rising awareness about the benefits of ABS systems among consumers
- Technological advancements in ABS speed sensors that offer enhanced performance and reliability
- Growing demand for safety features in automobiles
- Stringent government regulations mandating the installation of ABS systems in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
ABS Speed Sensor Market Research Report
By Type
OEMs, Aftermarket
By Application
Passenger Car, Commercial Vehicle
By Companies
Intermotor, BWD, Beck/Arnley, Vemo, Delphi, WSO, ACDelco, ATE, Bosch, Dorman, Intermotor, Febi, Genuine, MANDO, MTC, Mopar, Motorcraft, NTK, OES Genuine, Original Equipment, Pex
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global ABS Speed Sensor Market Report Segments:
The global ABS Speed Sensor market is segmented on the basis of:
Types
OEMs, Aftermarket
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 Car, 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:
- Intermotor
- BWD
- Beck/Arnley
- Vemo
- Delphi
- WSO
- ACDelco
- ATE
- Bosch
- Dorman
- Intermotor
- Febi
- Genuine
- MANDO
- MTC
- Mopar
- Motorcraft
- NTK
- OES Genuine
- Original Equipment
- Pex
Highlights of The ABS Speed 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:
- OEMs
- Aftermarket
- By Application:
- Passenger Car
- 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 Speed 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 Speed Sensor is a device that measures the speed of an automobile.
Some of the key players operating in the abs speed sensor market are Intermotor, BWD, Beck/Arnley, Vemo, Delphi, WSO, ACDelco, ATE, Bosch, Dorman, Intermotor, Febi, Genuine, MANDO, MTC, Mopar, Motorcraft, NTK, OES Genuine, Original Equipment, Pex.
The abs speed sensor market is expected to grow at a compound annual growth rate of 6.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ABS Speed 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 Speed Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ABS Speed 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 Speed 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 Speed Sensor Market Size & Forecast, 2018-2028
4.5.1 ABS Speed Sensor Market Size and Y-o-Y Growth
4.5.2 ABS Speed Sensor Market Absolute $ Opportunity
Chapter 5 Global ABS Speed 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 Speed Sensor Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ABS Speed 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 Speed Sensor Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ABS Speed 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 Speed 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 Speed Sensor Analysis and Forecast
9.1 Introduction
9.2 North America ABS Speed 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 Speed Sensor Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
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 Speed Sensor Market Size Forecast by Applications
9.10.1 Passenger Car
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 Speed Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe ABS Speed 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 Speed Sensor Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
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 Speed Sensor Market Size Forecast by Applications
10.10.1 Passenger Car
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 Speed Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ABS Speed 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 Speed Sensor Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
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 Speed Sensor Market Size Forecast by Applications
11.10.1 Passenger Car
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 Speed Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America ABS Speed 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 Speed Sensor Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
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 Speed Sensor Market Size Forecast by Applications
12.10.1 Passenger Car
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 Speed Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ABS Speed 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 Speed Sensor Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
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 Speed Sensor Market Size Forecast by Applications
13.10.1 Passenger Car
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 Speed Sensor Market: Competitive Dashboard
14.2 Global ABS Speed Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intermotor
14.3.2 BWD
14.3.3 Beck/Arnley
14.3.4 Vemo
14.3.5 Delphi
14.3.6 WSO
14.3.7 ACDelco
14.3.8 ATE
14.3.9 Bosch
14.3.10 Dorman
14.3.11 Intermotor
14.3.12 Febi
14.3.13 Genuine
14.3.14 MANDO
14.3.15 MTC
14.3.16 Mopar
14.3.17 Motorcraft
14.3.18 NTK
14.3.19 OES Genuine
14.3.20 Original Equipment
14.3.21 Pex
