Market Overview:
Wheel speed sensors are used to measure the rotational speed of a wheel. The output of the sensor is used by an electronic control unit (ECU) to calculate various vehicle parameters, such as engine RPM, road speed, and gear selection. Wheel speed sensors are commonly found in vehicles with anti-lock braking systems (ABS), traction control systems (TCS), and stability control systems. The global sedan and hatchback wheel speed sensor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for advanced safety features in vehicles. Additionally, rising awareness about vehicle safety among consumers is also contributing to the growth of this market. The global sedan and hatchback wheel speed sensor market can be segmented on the basis of type into Hall type and magnetic electric type sensors.
Product Definition:
A sedan or hatchback wheel speed sensor is a device used to measure the rotational speed of one or more wheels in a motor vehicle. The information collected by the sensor can be used by the vehicle's computer system to control various systems, including braking and stability control.
Hall Type:
The global hall type, it's usage and growth factor in the sedan and hatchback wheel speed sensor market size was valued at USD 6.2 billion in 2016. The increasing demand for automobiles with advanced safety features is expected to drive the industry growth over the forecast period.
The growing awareness among consumers regarding vehicle safety is anticipated to boost product sales over the forecast period.
Magnetic Electric Type:
Magnetic electric type wheel speed sensor is used in hatchback and sedan wheel speed sensing. It's a non-contact device that uses magnetic field for measuring the rotational speed of the wheels. This device is installed between the tire and magneto-rheological (MR) valve, which eliminates use of hall sensors or other indirect methods to measure rotation rate.
Application Insights:
Sedan application dominated the global market in 2017, accounting for a share of over 60.0% by revenue. The segment is expected to retain its dominant position throughout the forecast period owing to various factors such as high demand from OEMs and aftermarket, growing urban population and rising disposable income among consumers in developing countries such as India and China.
The hatchback wheel speed sensor market is projected to expand at the highest CAGR of XX% during the forecast period due to increasing demand for economical vehicles with features such as space, comfort and safety that are provided by premium sedans but at a lower price point.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing vehicle production in countries, such as India and China. Furthermore, rising disposable income levels and changing consumer preferences are anticipated to fuel the demand for automobiles in this region over the forecast period.
The European market accounted for more than 30% of global revenue share in 2017 on account of high product penetration rates coupled with stringent safety norms regarding vehicular damage caused due to driver error. Hall effect current sensing technology is widely adopted across Europe on account of its superior performance as compared to magnetic field sensing systems under different driving conditions such as speed and load variations. The presence of key players manufacturing these sensors also boosts adoption rates across this region due their wide product portfolio including both electric vehicles (EV) and non-electric vehicles (HEV).
Growth Factors:
- Increasing demand for luxury and performance cars
- Rising disposable income of the middle-class population in developing countries
- Technological advancements in wheel speed sensors that improve accuracy and reliability
- Growing popularity of hatchback and sedan cars among consumers
- Stringent government regulations on safety features in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Sedan and Hatchback Wheel Speed Sensor Market Research Report
By Type
Hall Type, Magnetic Electric Type
By Application
Sedan, Hatchback
By Companies
Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE, Hitachi Metal
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Sedan and Hatchback Wheel Speed Sensor Market Report Segments:
The global Sedan and Hatchback Wheel Speed 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
Sedan, Hatchback
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:
- Bosch
- Continental
- MOBIS
- ZF TRW
- AISIN
- Delphi
- WABCO
- Knorr-Bremse
- MHE
- Hitachi Metal
Highlights of The Sedan and Hatchback Wheel 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:
- Hall Type
- Magnetic Electric Type
- By Application:
- Sedan
- Hatchback
- 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 Sedan and Hatchback Wheel 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
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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 sedan or hatchback wheel speed sensor is a device that measures the rotational speed of the wheels. This information is used to calculate vehicle speed and steering input.
Some of the key players operating in the sedan and hatchback wheel speed sensor market are Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE, Hitachi Metal.
The sedan and hatchback wheel 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 Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed Sensor Market Size & Forecast, 2018-2028
4.5.1 Sedan and Hatchback Wheel Speed Sensor Market Size and Y-o-Y Growth
4.5.2 Sedan and Hatchback Wheel Speed Sensor Market Absolute $ Opportunity
Chapter 5 Global Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed 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 Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
6.2.1 Sedan
6.2.2 Hatchback
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed 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 Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
9.10.1 Sedan
9.10.2 Hatchback
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 Sedan and Hatchback Wheel Speed Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed 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 Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
10.10.1 Sedan
10.10.2 Hatchback
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 Sedan and Hatchback Wheel Speed Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed 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 Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
11.10.1 Sedan
11.10.2 Hatchback
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 Sedan and Hatchback Wheel Speed Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Sedan and Hatchback Wheel 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 Sedan and Hatchback Wheel Speed 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 Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
12.10.1 Sedan
12.10.2 Hatchback
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) Sedan and Hatchback Wheel Speed Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sedan and Hatchback Wheel 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) Sedan and Hatchback Wheel Speed 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) Sedan and Hatchback Wheel Speed Sensor Market Size Forecast by Applications
13.10.1 Sedan
13.10.2 Hatchback
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 Sedan and Hatchback Wheel Speed Sensor Market: Competitive Dashboard
14.2 Global Sedan and Hatchback Wheel Speed Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Continental
14.3.3 MOBIS
14.3.4 ZF TRW
14.3.5 AISIN
14.3.6 Delphi
14.3.7 WABCO
14.3.8 Knorr-Bremse
14.3.9 MHE
14.3.10 Hitachi Metal
