Market Overview:
The global SUV and pickup wheel speed sensor market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030) to reach a value of US$ 2,023.4 Mn by 2030. The growth of the global SUV and pickup wheel speed sensor market can be attributed to the increasing demand for SUVs and pickups across the globe. Additionally, factors such as rising disposable income levels, technological advancements in automotive sector, etc., are also fuelling the growth of this market.
Product Definition:
SUV and Pickup Wheel Speed Sensor are used to measure the rotational speed of each wheel. This information is then sent to the ABS (Anti-lock Braking System) controller, which uses it to determine when and how much brake pressure should be applied. The importance of SUV and Pickup Wheel Speed Sensor is that they help keep your vehicle's wheels from locking up during hard braking, which can cause you to lose control.
Hall Type:
The Hall-type wheel speed sensors are widely used in the automotive industry to measure the speed of the vehicle. The increasing demand for safety and advanced driver assistance systems is expected to drive market growth over the forecast period.
The growing sales of high-end luxury vehicles across various regions is also anticipated to boost product demand significantly. In addition, factors such as stringent government regulations regarding vehicle safety and fuel economy are likely to propel market growth over the next seven years.
Magnetic Electric Type:
Magnetic electric type is used in the pickup and SUV wheel speed sensor. It's a non-contact method that uses an electromagnetic field for measuring the rotation of vehicle tires through magnetic effect. The system works by generating a magnetic field which induces electricity in the tire, which is then measured to determine if there are any vehicles on road or not.
The market size for Magnetic Electric Type (MET) sensors was valued at USD 805 million in 2015.
Application Insights:
The SUV application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for SUVs from developing countries such as China, India and Brazil. Furthermore, government initiatives encouraging consumers towards purchasing an electric car are expected to drive demand for electric cars, which in turn will fuel the segment growth over the coming years.
Pickup trucks accounted for a significant share of 29% in 2017 owing to their rising popularity among consumers seeking goods transport across cities on short notice with low maintenance cost and high productivity compared with other modes of transport such as buses or trains. Moreover, increasing consumer preference for light commercial vehicles due to their ability t o carry more load than mid-sized cars is expected b e f o r e long-term impact on sales p r i m a c y w h i c h has been supporting th e u p d a t e l s .
Regional Analysis:
The North American region dominated the market in terms of revenue share in 2017. The growing demand for vehicles with enhanced performance and comfort is expected to drive the product demand over the forecast period. The increasing adoption of four-wheel drive (4WD) vehicles by consumers owing to their enhanced performance on varied terrains is anticipated to fuel market growth over the next eight years.
The Asia Pacific regional market was valued at USD X million in 2017 and is projected to witness significant growth from 2018 to 2030, registering a CAGR of XX%. This can be attributed primarilyto rising disposable income, improving standard of living, changing consumer preferences towards luxury vehicle ownership as well as government initiatives promoting new vehicle sales within emerging countries such as India and China.
Growth Factors:
- Increasing demand for SUVs and pickups
- Rising disposable income of consumers
- Technological advancements in wheel speed sensors
- Growing awareness about the benefits of using wheel speed sensors
- Government initiatives to promote the use of SUVs and pickups
Scope Of The Report
Report Attributes
Report Details
Report Title
SUV and Pickup Wheel Speed Sensor Market Research Report
By Type
Hall Type, Magnetic Electric Type
By Application
SUV, Pickup
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global SUV and Pickup Wheel Speed Sensor Market Report Segments:
The global SUV and Pickup 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
SUV, Pickup
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 SUV and Pickup 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:
- SUV
- Pickup
- 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 SUV and Pickup 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
- 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?
SUV and pickup wheel speed sensors are used to measure the rotational speed of a vehicle's wheels. This information is then used to calculate the vehicle's movement and position.
Some of the major players in the suv and pickup wheel speed sensor market are Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE, Hitachi Metal.
The suv and pickup wheel speed sensor market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size & Forecast, 2018-2028
4.5.1 SUV and Pickup Wheel Speed Sensor Market Size and Y-o-Y Growth
4.5.2 SUV and Pickup Wheel Speed Sensor Market Absolute $ Opportunity
Chapter 5 Global SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
6.2.1 SUV
6.2.2 Pickup
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Analysis and Forecast
9.1 Introduction
9.2 North America SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
9.10.1 SUV
9.10.2 Pickup
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 SUV and Pickup Wheel Speed Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
10.10.1 SUV
10.10.2 Pickup
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 SUV and Pickup Wheel Speed Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
11.10.1 SUV
11.10.2 Pickup
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 SUV and Pickup Wheel Speed Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America SUV and Pickup 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 SUV and Pickup 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 SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
12.10.1 SUV
12.10.2 Pickup
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) SUV and Pickup Wheel Speed Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SUV and Pickup 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) SUV and Pickup 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) SUV and Pickup Wheel Speed Sensor Market Size Forecast by Applications
13.10.1 SUV
13.10.2 Pickup
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 SUV and Pickup Wheel Speed Sensor Market: Competitive Dashboard
14.2 Global SUV and Pickup 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
