Market Overview:
The global anti-lock brake (ABS) sensors market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The passive sensor type segment is expected to account for a larger share of the global ABS sensors market in terms of revenue, followed by active sensor type segment during the forecast period. In terms of application, commercial vehicles are expected to hold a larger share of the global ABS sensors market as compared to passenger vehicles during the forecast period. North America held dominant position in 2017 and is anticipated grow at highest CAGR over next 10 years owing increasing demand for safety features equipped vehicles across this region coupled with rising awareness about benefits associated with anti-lock brake systems among consumers North America was followed by Europe and Asia Pacific respectively in 2017 due high adoption rate automotive industry coupled with stringent government regulations mandating installation these systems on all types commercial vehicle segments In Asia Pacific countries such as China Japan South Korea Thailand etc are anticipated witness highest growth rates over next decade attributed increasing number ultra low emission vehicles being manufactured.
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Product Definition:
ABS sensors are used to monitor the speed of the wheels and send this information to the ABS system. This information is used to determine when the ABS system should activate.
Active Sensor:
The active sensor is a device that generates the signals for the anti-lock braking system. It monitors wheel speed and applies the brakes in case of a loss of traction. The ABS sensors market has witnessed significant growth over the past few years owing to its increasing application in passenger cars, especially luxury vehicles. These systems are mandatory in most countries across Europe and Asia Pacific regions, thus boosting demand for these products worldwide.
Passive Sensor:
Passive sensors are the most basic form of electronic sensor. They do not produce any kind of electrical signal to indicate their presence; instead, they rely on external factors to provide or detect changes in their physical environment. In the case of passive sensors, a change in temperature is indicated by an increase or decrease in resistance and a change in pressure is indicated by an increase or decrease in force.
Technological proliferation has led to miniaturization.
Application Insights:
Passenger vehicle segment held the largest share of over 70.0% in 2017. Rising number of passenger vehicles on roads and increasing consumer disposable income are expected to be the key factors driving the demand for anti-lock brake sensors over the forecast period.
Commercial vehicle segment is also anticipated to witness significant growth owing to rising adoption of ABS brakes by commercial vehicles, such as trucks, buses and coaches. These vehicles are majorly used for long journeys across various terrains resulting in high usage rate of anti-lock brake system which is further estimated to propel market growth over the forecast period.
The European Commission has launched a probe into whether auto manufacturers have been complying with safety norms set by it after reports emerged that some cars were shipped from Europe even though they did not comply with safety standards set by authorities there.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional market is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to increasing sales of passenger vehicles and rising adoption of anti-lock braking systems in these vehicles. China, India, Japan, South Korea, and Taiwan are some of the major countries that constitute this region’s market space.
North America accounted for more than 25% share in 2017 owing to high demand for improved safety features in commercial as well as passenger cars based on various factors such as road accidents or theft risk assessment performed by insurance companies while pricing policies adopted by governments regarding vehicle registration taxes etc., which ultimately determine consumer buying patterns with respect to vehicle segments over a specific time frame.
Growth Factors:
- Increasing demand for safety features in vehicles
- Government regulations for installation of ABS sensors in vehicles
- Rising demand from the automotive sector
- Technological advancements in ABS sensors
- Growing awareness about the benefits of ABS sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Anti-lock Brake (ABS) Sensors Market Research Report
By Type
Active Sensor, Passive Sensor
By Application
Commercial Vehicle, Passenger Vehicle
By Companies
Murata Manufacturing Co., Ltd, BorgWarner, Delphi, Allegro MicroSystems, TE Connectivity, Auto DITEX BGLtd, Standard Motor Products, Dorman Products, Inc., NGK Spark Plug, Francisco Albero SAU, Murata Manufacturing Co., Ltd, TMD Friction GmbH
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Anti-lock Brake (ABS) Sensors Market Report Segments:
The global Anti-lock Brake (ABS) Sensors market is segmented on the basis of:
Types
Active Sensor, Passive Sensor
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
Commercial Vehicle, Passenger 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:
- Murata Manufacturing Co., Ltd
- BorgWarner
- Delphi
- Allegro MicroSystems
- TE Connectivity
- Auto DITEX BGLtd
- Standard Motor Products
- Dorman Products, Inc.
- NGK Spark Plug
- Francisco Albero SAU
- Murata Manufacturing Co., Ltd
- TMD Friction GmbH
 Sensors Market Overview.svg)
Highlights of The Anti-lock Brake (ABS) Sensors 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:
- Active Sensor
- Passive Sensor
- By Application:
- Commercial Vehicle
- Passenger 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 Anti-lock Brake (ABS) Sensors 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
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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 sensors are located on the wheel hubs and monitor the rotational speed of each wheel. If one or more wheels start to spin faster than normal, the ABS system will engage and help to prevent skidding.
Some of the major companies in the anti-lock brake (abs) sensors market are Murata Manufacturing Co., Ltd, BorgWarner, Delphi, Allegro MicroSystems, TE Connectivity, Auto DITEX BGLtd, Standard Motor Products, Dorman Products, Inc., NGK Spark Plug, Francisco Albero SAU, Murata Manufacturing Co., Ltd, TMD Friction GmbH.
The anti-lock brake (abs) sensors 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 Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size & Forecast, 2018-2028
4.5.1 Anti-lock Brake (ABS) Sensors Market Size and Y-o-Y Growth
4.5.2 Anti-lock Brake (ABS) Sensors Market Absolute $ Opportunity
Chapter 5 Global Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
5.2.1 Active Sensor
5.2.2 Passive Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
9.6.1 Active Sensor
9.6.2 Passive Sensor
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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger 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 Anti-lock Brake (ABS) Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
10.6.1 Active Sensor
10.6.2 Passive Sensor
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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger 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 Anti-lock Brake (ABS) Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
11.6.1 Active Sensor
11.6.2 Passive Sensor
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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger 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 Anti-lock Brake (ABS) Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Anti-lock Brake (ABS) Sensors 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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
12.6.1 Active Sensor
12.6.2 Passive Sensor
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 Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger 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) Anti-lock Brake (ABS) Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Anti-lock Brake (ABS) Sensors 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) Anti-lock Brake (ABS) Sensors Market Size Forecast by Type
13.6.1 Active Sensor
13.6.2 Passive Sensor
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) Anti-lock Brake (ABS) Sensors Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger 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 Anti-lock Brake (ABS) Sensors Market: Competitive Dashboard
14.2 Global Anti-lock Brake (ABS) Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Murata Manufacturing Co., Ltd
14.3.2 BorgWarner
14.3.3 Delphi
14.3.4 Allegro MicroSystems
14.3.5 TE Connectivity
14.3.6 Auto DITEX BGLtd
14.3.7 Standard Motor Products
14.3.8 Dorman Products, Inc.
14.3.9 NGK Spark Plug
14.3.10 Francisco Albero SAU
14.3.11 Murata Manufacturing Co., Ltd
14.3.12 TMD Friction GmbH
