Press release
Wheel Speed Sensor Market Growth Analysis by Company: Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE and Hitachi Metal and More
Wheel speed sensor is a sender device used for reading the speed of a vehicles wheel rotation. The types of wheel speed sensor mainly include hall type and magnetic electric type.
The wheel speed sensor is relatively concentrated, the production of top ten manufacturers account about 87% of global production. The high-end products mainly come from Europe and China.
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In the world wide, the plants of major manufactures mainly distribute in Europe and China. The transnational companies, like Bosch and Continental, are the leading manufactures in the World.
The import and export business of this industry is not very frequent. The main reason lies in that the wheel speed sensor manufactures build factories in the main consumption countries.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders prefer. With the global economic recovery, more and more countries focus on car industry especially in underdevelopment regions that have fast economic growth and potentially car consumption, the need of wheel speed sensor will increase.
Over the next five years, the research study projects that Wheel Speed Sensor will register a 1.4% CAGR in terms of revenue, reach US$ 7780 million by 2023, from US$ 7160 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Wheel Speed Sensor market by product type, application, key manufacturers and key regions.
To calculate the market size, research study considers value and volume generated from the sales of the following segments: Segmentation by product type are Hall Type and Magnetic Electric Type. Segmentation by application are Passenger Vehicle and Commercial Vehicle.
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 are Bosch, Continental, MOBIS, ZF TRW, AISIN, Delphi, WABCO, Knorr-Bremse, MHE and 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.
Related Report:
Global Automotive Sensors Market by Manufacturers, Regions, Type and Application, Forecast to 2023
This report focuses on the Automotive Sensors in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Robert Bosch GmbH, Stmicroelectronics N.V., General Electric, CTSoration, Analog Devices, Sensata Technologies, Denso, Continental, Measurement Specialities, Freescale Semiconductor, Autoliv, Elmos Semiconductor, Allegro Microsystems, Infineon Technologies and Delphi Automotive.
Read More: https://www.researchbeam.com/global-automotive-sensors-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=OPR&utm_medium=CC
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