SUV Wheel Speed Sensor Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2030
By Type (Hall Type and Magnetic Electric Type), By Application (5 Seats, 7 Seats, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
Wheel-speed sensors are an essential part of brake control systems. They use non-contacting measurement principle. They detect the rotational wheel speed of vehicles. A wheel-speed sensor includes a silicon integrated circuit in the sensor head. This circuit is sealed with overmolded plastic. SUV wheel speed sensor consists of a toothed ring and pickup.
Increase in the production and utilization of SUVs is the major driving factor for the global SUV wheel speed sensor market. For instance, according to a data published by International Council on Clean Transportation Organization in 2018, the strongest growth in vehicle sales took place in the sport utility vehicle (SUV) segment in the year 2017. About 4.3 million new cars in 2017 were SUVs, more than 6 times as many as 15 years before. However, minimum stoppage distance and high weight & complexity due to number of components used is anticipated to hamper the the global SUV wheel speed sensor market over the forecast period. Nevertheless, rise in demand for SUV vehicles is expected to create lucrative growth opportunities for the global SUV wheel speed sensor market over the forecast period....READ MORE
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global SUV wheel speed sensor market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the global SUV wheel speed sensor market include:
- Robert Bosch Gesellschaft
- Continental Aktiengesellschaft
- Hyundai Mobis Co., Ltd.
- ZF TRW Automotive Holdings Corp.
- Aisin Seiki Co., Ltd.
- Delphi Technologies PLC
- WABCO Holdings, Inc.
- Knorr-Bremse AG
- MHE US Holdings, LLC
- Hitachi Metal Ltd.
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