According to a market report by Lucintel, the future of the global automotive wheel speed sensor market looks promising with opportunities in the passenger car and commercial vehicle markets. The global automotive wheel speed sensor market is expected to grow with a CAGR of 3.6% from 2025 to 2031. The major drivers for this market are the increasing demand for advanced braking systems, the rising adoption of electronic stability control technologies, and the growing need for real time vehicle speed monitoring.
A more
than 150-page report to understand trends, opportunity and forecast in global automotive
wheel speed sensor market to 2031 by type (passive sensor and active sensor),
application (passenger car and commercial vehicle), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, active sensor is expected to witness
higher growth over the forecast period.
Within the
application category, passenger car is expected to witness higher growth.
Download
sample by clicking on automotive
wheel speed sensor market.
In terms
of region, APAC is expected to witness the highest growth over the forecast period.
Continental,
Hella, Bosch, FTE Automotive, Denso, ZF, Melexis, Delphi, Hitachi, First Sensor
are the major suppliers in the automotive
wheel speed sensor market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years.
We are quoted in several publications like the Wall Street Journal, ZACKS, and
the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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