Global Automotive Wheel Speed Sensor Market Size to Exceed USD 12.54 Billion By 2035 | CAGR Of 4.1%
Category: Automotive & TransportationGlobal Automotive Wheel Speed Sensor Market Size to Exceed USD 12.54 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Automotive Wheel Speed Sensor Market Size is Expected To Grow from USD 8.06 Billion in 2024 to USD 12.54 Billion by 2035, at a CAGR of 4.1% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the" Global Automotive Wheel Speed Sensor Market Size, Share, and COVID-19 Impact Analysis, By Sensor Type (Active Sensors and Passive Sensors), By Vehicle Type (Passenger Vehicles and Commercial Vehicles), By Application Type (Anti-lock Braking System, Traction Control System, Electronic Stability Control, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. " Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/automotive-wheel-speed-sensor-market
The Automotive Wheel Speed Sensor Market Size involves devices that detect and transmit wheel rotational speed, supporting essential vehicle safety and control systems. Widely applied in ABS, ESC, traction control, and ADAS, these sensors enhance braking performance, stability, and road safety. Market growth is fueled by rising vehicle production, especially in emerging economies, and the adoption of advanced safety features mandated by governments. Increasing demand for high-precision sensors is driven by vehicle electrification and autonomous driving trends, while consumer expectations for improved stability and performance further boost adoption. Technological advances in durability and smart sensing open additional growth opportunities. A major restraint is the high cost of advanced sensors, limiting adoption.
The active sensors automotive wheel speed sensor segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the sensor type, the automotive wheel speed sensor market is divided into active sensors and passive sensors. Among these, the active sensors segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. With the expansion of ABS, ESC, and traction control systems, demand for precise sensors rises. Growing EV adoption, autonomous driving, and stricter safety regulations further increase the need for reliable active wheel-speed sensors.
The passenger vehicles segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the vehicle type, the automotive wheel speed sensor market is divided into passenger vehicles and commercial vehicles. Among these, the passenger vehicles segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. To comply with regulations and meet consumer demand, automakers integrate ABS, ESC, and traction control. Rising interest in semi-autonomous features such as adaptive cruise control and lane keeping assistance boosts demand for accurate wheel-speed sensors in passenger cars.
The anti-lock braking system segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application type, the automotive wheel speed sensor market is divided into anti-lock braking system, traction control system, electronic stability control, and others. Among these, the anti-lock braking system segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Stricter safety regulations, higher consumer expectations for braking performance, and the combined use of ABS with ESC and traction control have greatly increased the demand for dependable wheel-speed sensors in this application.
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Asia Pacific is expected to hold the majority share of the global automotive wheel speed sensor market during the forecast period.
Asia Pacific is expected to hold the majority share of the global automotive wheel speed sensor market during the forecast period. The Asia Pacific automotive wheel speed sensor market is growing due to urbanization, rising incomes, and increased vehicle ownership. Government safety regulations in India and China, along with expanding EV adoption supported by subsidies and electrification targets, are driving higher product demand.
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North America is anticipated to grow at the fastest pace in the global automotive wheel speed sensor market during the forecast period. Market growth in North America is driven by rising electric vehicle production, growing consumer demand for enhanced safety, and the adoption of semi-autonomous driving technologies, positioning the region as a major hub for automotive wheel-speed sensor implementation.
Major vendors in the global automotive wheel speed sensor market are Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Denso Corporation, TE Connectivity plc, Astemo, PHINIA Inc., Allegro MicroSystems, Inc., NXP, Semiconductors N.V., HELLA GmbH & Co. KGaA, MELEXIS group, Sensata Technologies, Inc., VBOX Automotive, Sumitomo Wiring Systems, Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In May 2025, Continental celebrated producing 200 million radar sensors, securing over 20% market share in automotive safety components. This milestone underscores the rapid growth of ADAS technologies, supporting the advancement of automated and future autonomous driving in the global automotive sector.
- In December 2024, DENSO Corporation and onsemi announced an expanded partnership to support AD and ADAS technologies. For over 10 years, onsemi has supplied intelligent automotive sensors to enhance vehicle intelligence, connectivity, and safety, contributing to improved ADAS performance and reduced traffic accident fatalities.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the automotive wheel speed sensor market based on the below-mentioned segments:
Global Automotive Wheel Speed Sensor Market, By Sensor Type
- Active Sensors
- Passive Sensors
Global Automotive Wheel Speed Sensor Market, By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Global Automotive Wheel Speed Sensor Market, By Application Type
- Anti-lock Braking System
- Traction Control System
- Electronic Stability Control
- Others
Global Automotive Wheel Speed Sensor Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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