DUBLIN--(BUSINESS WIRE)--The "Automotive Wheel Speed Sensor Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The global automotive wheel sensor market is expected to grow at a CAGR of around 3.5% during 2022-2028.

This report on global automotive wheel sensor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.

The report presents a clear picture of the global automotive wheel sensor market by segmenting the market based on product type, sensor, application, and region.

Also, detailed profiles of companies operating in the automotive wheel sensor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Companies Mentioned

  • Continental AG
  • DENSO Corporation
  • Hella KGaA Hueck & Co.
  • Hitachi Metals, Ltd.
  • Melexis NV
  • NTN-SNR
  • NXP Semiconductors N.V
  • Robert Bosch GmbH
  • WABCO
  • ZF Friedrichshafen AG

Market Dynamics

Drivers

  • Growing Awareness among Consumer regarding Driver Safety
  • Increase in Adoption of ABS System in Vehicles
  • Strict Government Mandates for Minimum Stoppages Distance

Challenges

  • Increasing Cost of Sensors coupled

Historical & Forecast Period

  • Base Year: 2021
  • Historical Period: 2017-2020
  • Forecast Period: 2022-2028

Market by Product Type

  • Magneto Resistive Wheel Speed Sensor
  • Hall Effect Wheel Speed Sensor

Market by Sensor

  • Active
  • Passive

Market by Application

  • Passenger Car
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Market by Region

  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • UAE
  • Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/ufm5ln

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