Vehicle Speed Sensor Market Size, Share, Trends, Growth Outlook

Vehicle Speed Sensor Market is estimated to increase at a growth rate of 5.3% CAGR over the forecast period from 2024 to 2030.

The global Vehicle Speed Sensor Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Product (Wheel Speed Sensor, Throttle Position Sensor, Crankshaft Position Sensor, Voltage-Dependent Dual Resonance Speed Sensor, MVDS Magnetic Variation Differential Speed Sensor), By Technology (Abnormal Speed Detection, Wide-speed Detection, Signal Interference Resistant, Intelligent Platform-based), By Vehicle (Passenger Car, Commercial Vehicles, Two Wheelers).

An Introduction to Global Vehicle Speed Sensor Market, 2024

The Vehicle Speed Sensor Market in 2024 is witnessing steady growth, driven by the increasing demand for precise speed measurement in automotive applications and the growing integration of speed sensing technologies in modern vehicles. Vehicle speed sensors play a crucial role in monitoring vehicle speed, enabling essential functions such as speed control, fuel efficiency optimization, and vehicle dynamics management. The market is experiencing a shift towards the adoption of advanced sensor technologies, including Hall effect sensors, magneto resistive sensors, and Doppler radar sensors, to achieve higher accuracy, reliability, and durability in speed measurement. Additionally, the integration of speed sensors with vehicle control systems, such as anti-lock braking systems (ABS), traction control systems (TCS), and adaptive cruise control (ACC), is enhancing vehicle safety, performance, and driver assistance capabilities, thereby driving market growth and innovation.

Vehicle Speed Sensor Competitive Landscape

The global Vehicle Speed Sensor market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Vehicle Speed Sensor Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Vehicle Speed Sensor Market Industry include- ATAK Teknoloji, Continental AG, Delphi Automotive PLC, Denso Corp, Infineon Technologies AG, NVIDIA Corp, Renesas Electronics Corp, Robert Bosch GmbH, Texas Instruments Inc, Valeo SA.

Vehicle Speed Sensor Market Trend: Increasing Demand for Advanced Driver Assistance Systems (ADAS)

The Vehicle Speed Sensor Market is witnessing a significant trend driven by the increasing adoption of Advanced Driver Assistance Systems (ADAS). With a growing emphasis on vehicle safety and regulatory mandates, automotive manufacturers are integrating ADAS features such as adaptive cruise control, collision avoidance systems, and lane departure warning systems into vehicles. These systems rely heavily on accurate vehicle speed data provided by speed sensors, driving the demand for advanced and precise sensor technologies. As ADAS functionalities become more commonplace across various vehicle segments, the Vehicle Speed Sensor Market is expected to experience sustained growth.

Vehicle Speed Sensor Market Driver: Stringent Government Regulations Mandating Vehicle Safety Standards

A key driver propelling the Vehicle Speed Sensor Market is the implementation of stringent government regulations mandating vehicle safety standards worldwide. Governments across different regions are enacting regulations aimed at reducing road accidents and fatalities by enforcing the integration of advanced safety technologies in vehicles. Speed sensors play a crucial role in ensuring the effectiveness of safety features such as ABS (anti-lock braking systems) and ESC (electronic stability control), which are mandated in many regions. Consequently, automotive manufacturers are compelled to adopt advanced speed sensor technologies to comply with these regulations, thereby driving the market growth.

Vehicle Speed Sensor Market Opportunity: Integration of Vehicle-to-Everything (V2X) Communication Systems

An emerging opportunity in the Vehicle Speed Sensor Market lies in the integration of Vehicle-to-Everything (V2X) communication systems. V2X technology enables vehicles to communicate with each other, infrastructure, pedestrians, and other road users, facilitating the exchange of critical information such as speed, position, and intent. By incorporating speed sensors with V2X communication capabilities, vehicles can enhance safety, optimize traffic flow, and enable advanced cooperative driving applications. As the automotive industry moves towards connected and autonomous vehicles, the demand for speed sensors equipped with V2X communication capabilities is poised to surge, presenting a lucrative opportunity for market players to innovate and capture new market segments.

Vehicle Speed Sensor Market Segmentation

By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two WheelersGeographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Vehicle Speed Sensor Companies

ATAK Teknoloji
Continental AG
Delphi Automotive PLC
Denso Corp
Infineon Technologies AG
NVIDIA Corp
Renesas Electronics Corp
Robert Bosch GmbH
Texas Instruments Inc
Valeo SA
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Vehicle Speed Sensor Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Vehicle Speed Sensor Market Size Outlook, $ Million, 2021 to 2030
3.2 Vehicle Speed Sensor Market Outlook by Type, $ Million, 2021 to 2030
3.3 Vehicle Speed Sensor Market Outlook by Product, $ Million, 2021 to 2030
3.4 Vehicle Speed Sensor Market Outlook by Application, $ Million, 2021 to 2030
3.5 Vehicle Speed Sensor Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Vehicle Speed Sensor Industry
4.2 Key Market Trends in Vehicle Speed Sensor Industry
4.3 Potential Opportunities in Vehicle Speed Sensor Industry
4.4 Key Challenges in Vehicle Speed Sensor Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Vehicle Speed Sensor Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Vehicle Speed Sensor Market Outlook by Segments
7.1 Vehicle Speed Sensor Market Outlook by Segments, $ Million, 2021- 2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

8 North America Vehicle Speed Sensor Market Analysis and Outlook To 2030
8.1 Introduction to North America Vehicle Speed Sensor Markets in 2024
8.2 North America Vehicle Speed Sensor Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Vehicle Speed Sensor Market size Outlook by Segments, 2021-2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

9 Europe Vehicle Speed Sensor Market Analysis and Outlook To 2030
9.1 Introduction to Europe Vehicle Speed Sensor Markets in 2024
9.2 Europe Vehicle Speed Sensor Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Vehicle Speed Sensor Market Size Outlook by Segments, 2021-2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

10 Asia Pacific Vehicle Speed Sensor Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Vehicle Speed Sensor Markets in 2024
10.2 Asia Pacific Vehicle Speed Sensor Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Vehicle Speed Sensor Market size Outlook by Segments, 2021-2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

11 South America Vehicle Speed Sensor Market Analysis and Outlook To 2030
11.1 Introduction to South America Vehicle Speed Sensor Markets in 2024
11.2 South America Vehicle Speed Sensor Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Vehicle Speed Sensor Market size Outlook by Segments, 2021-2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

12 Middle East and Africa Vehicle Speed Sensor Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Vehicle Speed Sensor Markets in 2024
12.2 Middle East and Africa Vehicle Speed Sensor Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Vehicle Speed Sensor Market size Outlook by Segments, 2021-2030
By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
ATAK Teknoloji
Continental AG
Delphi Automotive PLC
Denso Corp
Infineon Technologies AG
NVIDIA Corp
Renesas Electronics Corp
Robert Bosch GmbH
Texas Instruments Inc
Valeo SA

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
Wheel Speed Sensor
Throttle Position Sensor
Crankshaft Position Sensor
Voltage Dependent Dual Resonance Speed Sensor
MVDS Magnetic Variation Differential Speed Sensor
By Technology
Abnormal Speed Detection
Wide-speed Detection
Signal Interference Resistant
Intelligent Platform-based
By Vehicle
Passenger Car
Commercial Vehicles
Two Wheelers