Global Automotive ABS Sensor Cable Market Size, Share, and COVID-19 Impact Analysis, By Type (Passive ABS Sensor Cables and Active ABS Sensor Cables), By Application (Braking Systems, Stability Control, and Traction Control), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Automotive ABS Sensor Cable Market Insights Forecasts to 2035

• The Global Automotive ABS Sensor Cable Market Size Was Estimated at USD 2.82 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.93% from 2025 to 2035
• The Worldwide Automotive ABS Sensor Cable Market Size is Expected to Reach USD 6.53 Billion by 2035
• North America is expected to grow the fastest during the forecast period.

According to a research report published by Spherical Insights and Consulting, The Global Automotive ABS Sensor Cable Market Size was worth around USD 2.82 Billion in 2024 and is predicted to grow to around USD 6.53 Billion by 2035 with a compound annual growth rate (CAGR) of 7.93% from 2025 to 2035. The growing need for safety features in cars, rising car sales, and sensor technology advances are the main factors propelling the automotive ABS sensor cable market. The need for ABS sensor cables is being driven by automakers' increasing integration of cutting-edge safety features like Anti-lock Braking Systems (ABS) in response to stricter global safety standards.

Market Overview

The global automotive ABS sensor cable market involves the production and distribution of cables that connect anti-lock braking system sensors, enabling correct wheel speed data transmission for improved vehicle safety and braking effectiveness. With the growing use of electronic and sensor-based technologies as well as improvements in automobile safety systems, the global market for vehicle ABS sensor cables is expanding significantly. Advanced active and passive ABS sensor cables have been developed to improve overall vehicle safety, braking effectiveness, and dependability. Opportunities are further created by the increasing demand for electric cars (EVs), which necessitate advanced braking systems, and the rising electrification of vehicles. Furthermore, market demand is being stimulated by rising passenger and commercial vehicle sales in developing nations such as the Asia Pacific and Latin America, which are being driven by urbanization and rising disposable incomes. Due to extended vehicle lifespans and the requirement for routine component replacement and maintenance, the aftermarket sector is also growing.

The market's growth prospects and its contribution to contemporary vehicle design and safety innovation are reinforced by these aspects taken together. Product innovation and strategic investments are driving the automotive ABS sensor cable market's continuous expansion. Standard Motor Products' (SMP) aftermarket ABS sensor portfolio was extended to around 2,500 SKUs for both local and foreign automobiles in December 2024. Delphi Technologies also introduced sophisticated ABS and EPB sensor cables made for harsh environments in July 2023. Furthermore, growing investment in cutting-edge sensing technologies in the automobile industry is highlighted by Crane Co.'s proposed acquisition of Baker Hughes' Precision Sensors & Instrumentation division.

Report Coverage

This research report categorizes the automotive ABS sensor cable market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the automotive ABS sensor cable market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the automotive ABS sensor cable market. 

Driving Factors

Numerous important factors are contributing to the growth of the automotive ABS sensor cable market. Mandatory ABS installations across all vehicle categories are increasing due to strict international safety rules and growing consumer awareness. Demand is further fuelled by the expansion of car production, especially in the Asia-Pacific. Due to the regular need to replace sensor cables in ageing vehicles, the aftermarket business is also growing. Additionally, the need for ABS cables in heavy-duty vehicles is increased by the expansion of freight transportation and the modernization of commercial fleets. Global adoption of sophisticated braking systems is also boosted by the growing high-performance vehicle market.

Restraining Factors

The market for automotive ABS sensor cables is constrained by a number of reasons, including the fluctuating prices of copper and polymer raw materials, which put pressure on profitability. Electromagnetic interference from expanding car electronics can hamper signal reliability, while harsh operating conditions diminish cable lifespan. Furthermore, compatibility is constrained by a lack of aftermarket correction, and the demand for traditional cables is threatened by improved brake-by-wire technology. Strict safety regulations make quality control even more difficult, raising production costs and manufacturer rejection rates.

Market Segmentation

The Automotive ABS Sensor Cable market share is classified into type and application.

• The passive ABS sensor cables segment dominated the market in 2024, approximately 68% and is projected to grow at a substantial CAGR during the forecast period.

Based on the type, the automotive ABS sensor cable market is divided into passive ABS sensor cables and active ABS sensor cables. Among these, the passive ABS sensor cables segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The market is dominated by passive ABS sensor cables because of their affordability, ease of use, and compatibility with traditional braking systems. Generally speaking, passive ABS sensor cables are more conventional in design, depending on the sensor's physical contact with the moving parts of the car to provide a signal. They have been extensively utilized for a number of years in a variety of vehicle types and are often more affordable. With the growing need for sophisticated car safety systems, their shortcomings in terms of accuracy and reaction time in comparison to active sensors are becoming increasingly noticeable.

• The braking systems segment accounted for the largest share in 2024, approximately 42% and is anticipated to grow at a significant CAGR during the forecast period.

Based on the application, the automotive ABS sensor cable market is divided into braking systems, stability control, and traction control. Among these, the braking systems segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Growing customer demand for sophisticated braking systems, strict safety rules requiring the installation of ABS, and increased worldwide vehicle production are the main drivers of this segment's growth. The growing fleets of passenger and commercial vehicles, as well as the need for aftermarket replacements, are further factors.

Regional Segment Analysis of the Automotive ABS Sensor Cable Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share with approximately 42.2% of the Automotive ABS Sensor Cable market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the automotive ABS sensor cable market over the predicted timeframe. Asia Pacific is anticipated to lead the market due to its strong automotive production base and growing vehicle sales. Growing urbanization and rising consumer demand for automobiles are major factors driving the market's expansion in nations like China, Japan, and India. The demand for passenger and commercial vehicles is fuelled by the region's sizable population and expanding middle class, which makes the Asia Pacific a crucial market for ABS sensor cables.

North America is expected to grow the fastest market share with approximately 18.6% at a rapid CAGR in the automotive ABS sensor cable market during the forecast period. Both Canada and the United States are important regional markets with established automotive sectors that place a high priority on innovation and technological improvements. Opportunities for producers of cutting-edge ABS sensor cables are being created by the growing popularity of electric and driverless cars in North America. Growth in the area is anticipated to be steady.

Europe is expected to grow at a rapid CAGR in the automotive ABS sensor cable market during the forecast period. Leading automotive hubs with a focus on car safety technology research and development include nations like Germany, France, and the United Kingdom. Europe's market is anticipated to increase moderately due to the region's dedication to lowering traffic accidents through cutting-edge safety measures, as well as the growing desire for electric and hybrid cars.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the automotive ABS sensor cable market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Yazaki
• LEONI
• Prysmian Group
• Coficab
• TE Connectivity
• Sumitomo Electric
• Hitachi
• Nexans
• Furukawa Electric
• Kyungshin
• Continental AG
• ZF Friedrichshafen AG
• HELLA GmbH & Co. KGaA
• NXP Semiconductors
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In December 2024, SMP announced the launch of nearly 2,500 new ABS sensor SKUs for import and domestic vehicles. Designed for accuracy, speed, and durability, these sensors support Advanced Driver Assistance Systems (ADAS), enhancing electronic stability control and automated braking, reinforcing vehicle safety and performance.

• In October, Coroflex Showcases ABS Sensor Cables at SPS 2023 in Nuremberg, Germany, Coroflex presented versatile cables, including ABS sensor cables for automotive applications. Highlighting several new products, the company emphasized its commitment to innovation and strengthening its position in the automotive technology and industrial cable market.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the automotive ABS sensor cable market based on the below-mentioned segments:

Global Automotive ABS Sensor Cable Market, By Type

• Passive ABS Sensor Cables
• Active ABS Sensor Cables

Global Automotive ABS Sensor Cable Market, By Application

• Braking Systems
• Stability Control
• Traction Control

Global Automotive ABS Sensor Cable 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