Global Automotive Wheel Speed Sensor Market 2018-2023 by PMR
Automotive & Transportation

Global Automotive Wheel Speed Sensor Market 2018-2023 by PMR

Wheel speed sensors are often called ABS sensors. You’ll find them mounted on the axles of all ABS equipped vehicles. Look for this sensor on your wheel hubs, near the brake rotors.

You’ll find the rear wheel speed sensor mounted on the rear axle housing or wheel cylinder. The ABS sensor is a vital part of the braking system. The wheel speed sensor “sees” when your brakes are locked up. When your wheels are locked up, your tires fail to produce sufficient friction to stop you and your vehicle. When the sensor sees your brakes are locked up, it sends a signal to your vehicle’s ABS module. The ABS module then releases a small amount of brake pressure, which allows your tires to maintain friction against the road surface.

When activated, the ABS module sends many high frequency pulses to the brakes. These pulses originate at the speed sensor. ABS systems work well because there’s far more friction available to stop the vehicle when the wheels are rolling rather than sliding and skidding helplessly across the road’s surface.

In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Automotive Wheel Speed Sensor market for 2018-2023.

Wheel Speed Sensor is a type of tachometer. It is a sender device used for reading the speed of a vehicle’s wheel rotation. Currently, the wheel speeds Sensors are different which installed in the same vehicle. For some vehicles, the front left wheel and the front right wheel are also different.

Over the next five years, Planet Market Reports projects that Automotive Wheel Speed Sensor Market will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wheel Speed Sensor market by product type, application, key manufacturers and key regions.

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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:

Segmentation by product type:

Hall Type
Magnetic Electric Type

Segmentation by application:

Passenger Vehicle
Commercial Vehicle

This report also splits the market by region:

United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Hitachi Metal

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Automotive Wheel Speed Sensor consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automotive Wheel Speed Sensor market by identifying its various sub segments.
Focuses on the key global Automotive Wheel Speed Sensor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Wheel Speed Sensor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Automotive Wheel Speed Sensor submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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