openPR Logo
Press release

Automotive Wheel Market is Anticipated to Grow Based on Enhanced Application Till 2025

02-04-2020 01:15 PM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

automative wheel

automative wheel

The Objective of the "Global Automotive Wheel Speed Sensor Market" report is to depict the trends and upcoming for the Automotive Wheel Speed Sensor industry over the forecast years. Automotive Wheel Speed Sensor Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2019 to 2026 mulling over 2018 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Download Sample Report:https://www.alliedmarketresearch.com/automotive-wheel-speed-sensor-market

An increase in the adoption of the anti-lock braking system in vehicles, stringent government mandates for minimum stoppages distance, and rise in automotive sales across the globe have fueled the growth of the global automotive wheel speed sensor market. On the other hand, the high cost of technology has happened to curtail down the growth to some extent. However, an increase in the penetration of electric vehicles and a rise in demand for autonomous vehicles have created multiple opportunities in the segment. According to the report, the global automotive wheel speed sensor market was estimated at $6.4 billion in 2017 and is expected to hit $8.4 billion by 2025, growing at a CAGR of 3.6% during the forecast period.

The active segment accounted for more than three-fourths of the total market in 2017 and is expected to dominate throughout the forecast period. This is due to its property hall effect principle, true zero speed capability, and precise switch point measurement that helps in reading accurate wheel movement even when the vehicle is not in motion. On the other hand, the passive segment is expected to be the fastest-growing sector, growing at a CAGR of 4.2% during 2018-2025. Simple construction and developments in magnetic type to bring accuracy in operation have escalated the growth.

Passenger vehicle contributed to nearly three-fourth of the total market in 2017 and is anticipated to maintain its top status during the forecast period, 2018-2025. Cumulative sales, growing disposable income, and compulsion of the ABS system in passenger vehicles have augmented the growth for the automotive wheel speed sensors market. Simultaneously, the commercial vehicle has come up as the fastest-growing segment, registering a CAGR of 3.1% during the forecast period.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5217

Asia-Pacific held the largest market share in 2017 and turned out to be dominant throughout the forecast period. Increasing government support for the automotive industry, rapid industrialization, and constant focus on developing newer products to meet diverse changes in consumer demands in the region have influenced the growth. Also, the province has showcased a CAGR of 4.4% throughout the forecast period and has been cited as the fastest-growing region.

Key players in the market:

Leading market players analyzed in the research include,
* Robert Bosch GmbH
* HELLA GmbH & Co. KGaA
* Continental AG
* DENSO CORPORATION
* WABCO
* Hitachi Metals Ltd.
* Melexis
* NTN-SNR
* NXP Semiconductors
* ZF Friedrichshafen AG

Key questions answered in Automotive Wheel Speed Sensor Market research study:
1 What is the market growth rate of Automotive Wheel Speed Sensor Market from 2018-2025?
2 What will be the global market size of the market from 2018 to 2025?
3 Who are the leading global manufacturing companies in the Automotive Wheel Speed Sensor Market?
4 What are the major current trends and predicted trends?
5 What are the challenges faced in the Automotive Wheel Speed Sensor Market?
6 Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
7 Which will be the anticipated growth rates for your own Data Masking economy altogether and also for every segment inside?
8 Which will be the Automotive Wheel Speed Sensor application and types and forecast accompanied closely by producers?
9 What are the conclusions of the Automotive Wheel Speed Sensor Market report?

Get More Information on this Report @ https://www.alliedmarketresearch.com/automotive-wheel-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About us
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Wheel Market is Anticipated to Grow Based on Enhanced Application Till 2025 here

News-ID: 1918574 • Views: 228

More Releases from Allied Market Research

Dehydrated Food Market Current and Future Trends, Insight Growth and Forecast by …
Dehydrated food is the dried form of food by the process of dehydration. Dehydration enables the product to be preserved for a longer duration and this is the major factor that drives the global market for dehydrated food products. Advancement in technology has allowed the season fruits and vegetables to be consumed at any point in a year by dehydration and preserving for long time. Companies covered Nestle, Unilever, Mercer Foods, Kerry,
India Olive Oil Market Current and Future Demand by 2025 | Colavita S.p.A, Deole …
India Olive Oil Market by Type and Application: Opportunity Analysis and Industry Forecast, 2018 - 2025. The India olive oil market was worth $ 58.6 million in 2017 and is estimated to be growing at a CAGR of 9.9%, to reach $127.5 million by 2025. Olive oil is a liquid fat that is obtained from olives, a crop typically grown in the Mediterranean Basin. The oil is prepared by pressing whole
Food Preservatives Market Opportunities and Analysis to 2023 with Top Players Li …
Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023. The food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016. Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/2277 Preservatives are
Food Enzymes Market Size, Share, Development and Industry Overview by 2026
Food Enzymes Market by Type, Application and Source: Global Opportunity Analysis and Industry Forecast, 2019 - 2026. The global food enzymes market size was $1,944.8 million in 2018, and is projected to reach $3,056.9 million by 2026, registering a CAGR of 5.6% from 2019 to 2026. In terms of volume, North America occupied more than one-third of the global market share for 2018 and is expected to maintain its dominance during

All 5 Releases


More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,
Automotive IoT Market
The Internet of Things (IoT) is reshaping several sectors, including automotive. With IoT, automobiles are now equipped with value added services and applications such as automated driving and real-time traffic alerts to improve the overall driving experience. Owing to increased disposable income among the urban population and demand for technologically advanced products, the automotive sector is currently flourishing. This factor is reflecting positively on global automotive IoT market, which is
Tweaked Automotive ‘Spectre Edition’
Tweaked Automotive announces its most recent special edition release, the Spectre Edition Land Rover Defender. The idea of executing a special Land Rover Defender build was circulating around the Tweaked Automotive design department for some time. The fact Land Rover ceased production of these much loved four wheel drives that have been around since 1948 prompted Tweaked Automotive to get stated as a matter of urgency. Hand in hand the 007TM