Market Overview:
The global car speed sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about safety are also contributing to the growth of this market. Based on type, the global car speed sensor market is segmented into wheel speed sensor, transmission speed sensor, engine speed sensor, and other sensors. The wheel speed sensors segment is expected to account for a major share of this market in 2018 owing to their widespread use in passenger cars and commercial vehicles across different regions. By application, the global carspeed sensormarket is divided into passenger vehicle and commercial vehicle segments.
Product Definition:
A car speed sensor is a device used to measure the speed of a car. It sends this information to the car's computer, which then uses it to control things like the fuel injection and ignition timing.
Wheel Speed Sensor:
The wheel speed sensor is a device that measures the rotational speed of the wheels. It is usually mounted on the hub of the rear wheel and it uses an optical fiber to transmit its signals to an electronic control unit (ECU) in a vehicle. The ECU uses this information to monitor tire inflation and vehicle stability, among other functions.
Transmission Speed Sensor:
The transmission speed sensor is a device that measures the rotational speed of the engine. It is mounted on the front of the crankshaft and it helps to determine how long it takes for an internal combustion engine to complete one cycle. The faster this happens, then more power can be extracted from the motor and sent to drive wheels via gearbox or directly onto drive belts.
Application Insights:
The commercial vehicle segment held the largest share of over 70.0% in 2017. The growth can be attributed to the rising demand for trucks, buses and other forms of passenger vehicles that carry goods across countries. According to a study published by LMC Automotive, there was a total production of 17 million commercial vehicles in 2018 globally which is expected to increase by around 10% from 2019 to 2020 and further accelerate towards 2030 when compared with 2017 levels. This growth will lead to increased utilization of speed sensors in commercial vehicles as they are used for various functions such as cruise control, adaptive cruise control and lane departure warning system among others depending upon vehicle type and model year combination.
Regional Analysis:
The North American regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for advanced driver assistance systems (ADAS) and safety features, such as speed sensors, in passenger cars. In addition, stringent government regulations regarding vehicle emissions are anticipated to drive the regional market growth.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast years owing to rising disposable income among consumers along with increased purchasing power of businesses due car rental services being a new segment in this region. Furthermore, rapid urbanization across countries such as China and India has led these nations adopting various transportation modes other than personal vehicles including public transport buses and trains which further drives up demand for speed sensors used across various applications from automotive sector including heavy commercial vehicles).
Growth Factors:
- Increasing demand for safety features in vehicles
- Rising disposable income of consumers
- Technological advancements in car speed sensors
- Stringent government regulations for vehicle safety standards
- Growing popularity of luxury and sports cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Speed Sensor Market Research Report
By Type
Wheel Speed Sensor, Transmission Speed Sensor, Engine Speed Sensor, Other
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Robert Bosch, Continental, DENSO, Analog Devices, Sensata Technologies, Delphi, Infineon Technologies, STMicroelectronics, Valeo, Hitachi, Robert Bosch, Mobis, ZF, NXP Semiconductors, Bourns
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Car Speed Sensor Market Report Segments:
The global Car Speed Sensor market is segmented on the basis of:
Types
Wheel Speed Sensor, Transmission Speed Sensor, Engine Speed Sensor, Other
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:
- Robert Bosch
- Continental
- DENSO
- Analog Devices
- Sensata Technologies
- Delphi
- Infineon Technologies
- STMicroelectronics
- Valeo
- Hitachi
- Robert Bosch
- Mobis
- ZF
- NXP Semiconductors
- Bourns
Highlights of The Car 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:
- Wheel Speed Sensor
- Transmission Speed Sensor
- Engine Speed Sensor
- Other
- 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 Car 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
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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?
A car speed sensor is a device that measures the speed of a car. It sends this information to the vehicle's computer, which can then use it to calculate things like fuel economy and braking distances.
Some of the major players in the car speed sensor market are Robert Bosch, Continental, DENSO, Analog Devices, Sensata Technologies, Delphi, Infineon Technologies, STMicroelectronics, Valeo, Hitachi, Robert Bosch, Mobis, ZF, NXP Semiconductors, Bourns.
The car speed 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 Car 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 Car Speed Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car 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 Car 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 Car Speed Sensor Market Size & Forecast, 2018-2028 4.5.1 Car Speed Sensor Market Size and Y-o-Y Growth 4.5.2 Car Speed Sensor Market Absolute $ Opportunity
Chapter 5 Global Car 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 Car Speed Sensor Market Size Forecast by Type
5.2.1 Wheel Speed Sensor
5.2.2 Transmission Speed Sensor
5.2.3 Engine Speed Sensor
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car 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 Car Speed 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 Car 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 Car 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 Car Speed Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Car 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 Car Speed Sensor Market Size Forecast by Type
9.6.1 Wheel Speed Sensor
9.6.2 Transmission Speed Sensor
9.6.3 Engine Speed Sensor
9.6.4 Other
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 Car Speed 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 Car Speed Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Car 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 Car Speed Sensor Market Size Forecast by Type
10.6.1 Wheel Speed Sensor
10.6.2 Transmission Speed Sensor
10.6.3 Engine Speed Sensor
10.6.4 Other
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 Car Speed 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 Car Speed Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car 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 Car Speed Sensor Market Size Forecast by Type
11.6.1 Wheel Speed Sensor
11.6.2 Transmission Speed Sensor
11.6.3 Engine Speed Sensor
11.6.4 Other
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 Car Speed 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 Car Speed Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Car 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 Car Speed Sensor Market Size Forecast by Type
12.6.1 Wheel Speed Sensor
12.6.2 Transmission Speed Sensor
12.6.3 Engine Speed Sensor
12.6.4 Other
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 Car Speed 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) Car Speed Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car 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) Car Speed Sensor Market Size Forecast by Type
13.6.1 Wheel Speed Sensor
13.6.2 Transmission Speed Sensor
13.6.3 Engine Speed Sensor
13.6.4 Other
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) Car Speed 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 Car Speed Sensor Market: Competitive Dashboard
14.2 Global Car Speed Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Continental
14.3.3 DENSO
14.3.4 Analog Devices
14.3.5 Sensata Technologies
14.3.6 Delphi
14.3.7 Infineon Technologies
14.3.8 STMicroelectronics
14.3.9 Valeo
14.3.10 Hitachi
14.3.11 Robert Bosch
14.3.12 Mobis
14.3.13 ZF
14.3.14 NXP Semiconductors
14.3.15 Bourns