The latest published market intelligence report by FutureWise titled 'Automotive Wheel Speed Sensor Market: Global Opportunity Analysis and Industry Forecast, 2019-2026', examines the global market in terms of vehicle type, sensor type, region, major market players and competitive presence for the period 2019 to 2026.
Automotive wheel speed sensor market is poised to value over $8 billion by 2026 end, growing at a CAGR of over 3% during the forecast period, 2019-2026.
The demand for enhancement of vehicle safety features and increasing vehicle production globally are major factors driving the growth of automotive wheel speed sensor market. Securing road and driver safety is a major challenge today and is expected to be a concern in the near future as well. Many road accidents are caused due to reactions of the driver such as slow or panicked reaction in the case of accidents. Technologically advanced automotive wireless electronics are competent in operating various driving features which diminish significant human errors and enhance vehicle safety. The automotive wheel speed sensor has been one of the significant advancements in the automotive sector and is progress forward in enhancing driver comfort, and safety.
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Global Automotive Wheel Speed Sensor Market, By Vehicle Type
+ Passenger Cars
+ Commercial Vehicles

Global Automotive Wheel Speed Sensor Market, By Sensor Type
+ Active
+ Passive
Global Automotive Wheel Speed Sensor Market, By Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
Major Market Players Profiled:
+ Continental AG
+ DENSO Corporation
+ Hella KGaA Hueck & Co.
+ Robert Bosch GmbH
+ NTN-SNR
+ NXP Semiconductors N.V.
+ Melexis NV
+ WABCO
+ ZF Friedrichshafen AG
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Competitive Landscape:
+ Tier 1 players- established companies in the market with a major market share
+ Tier 2 players
+ Emerging players which are growing rapidly
+ New Entrants
FutureWise Key Takeaways
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide with an exhaustive analysis on the global automotive wheel speed sensor market on the basis of vehicle type, sensor type, region, major market players and competitive presence for the period 2019 to 2026
+ To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Inquire further details about this report at: [email protected]

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