Top Wheel Speed Sensor Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Wheel Speed Sensor Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Wheel Speed Sensor industry players.

Wheel Speed Sensor Market Competitive Landscape

The global wheel speed sensor market outlook is very competitive, with major players such as Bosch, Continental AG, Denso Corporation, and Honeywell International dominating the scene. They concentrate on innovation, strategic collaborations, and diversification of products. For example, Bosch concentrates on the development of sophisticated ADAS technologies, Continental AG in electric vehicle sensor technologies, Denso Corporation on the enhancement of its presence in EVs and safety systems and setting itself up to capitalize on increased demand in the automotive industry.

The global wheel speed sensor startup ecosystem is new, and players are introducing newer sensor technologies and automation systems to the automobile industry. These startups lead the industry with innovation as they introduce less expensive yet higher-precision sensors, with the majority specialized for electric vehicles and ADAS technologies. When old automotive manufacturers start working in tandem with these startups, the industry experiences higher efficiency, scalability, and improved performance in wheel speed sensors.

  • Established in 2015, APEM Inc. is a startup specializing in developing advanced sensors for automotive and industrial applications. One of its notable products is the "Wheel Speed Sensor for Electric Vehicles," specifically meant to capture real-time speed information for the powertrain management systems of EVs.
  • Founded in 2017, Adger Tech is dedicated to developing high-accuracy sensor solutions for the automotive market, such as wheel speed sensors for electric and advanced driver-assistance system vehicles. Their flagship product, the "Smart Wheel Speed Sensor," enables precise vehicle control in challenging driving conditions.

Top Player’s Company Profiles

  • Bosch Automotive (Germany)
  • Continental AG (Germany)
  • Denso Corporation (Japan)
  • Honeywell International (USA)
  • Sensata Technologies (US)
  • ZF Friedrichshafen AG (Germany)
  • Delphi Technologies (United Kingdom)
  • Valeo SA (France)
  • Mitsubishi Electric Corporation (Japan)
  • Hitachi Automotive Systems, Ltd. (Japan)
  • TE Connectivity Ltd. (Switzerland)
  • NXP Semiconductors (Netherlands)
  • Mando Corporation (South Korea)
  • Autoliv Inc. (Sweden)
  • TRW Automotive (USA)

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Global Wheel Speed Sensor Market size was valued at USD 7.30 Billion in 2023 poised to grow from USD 7.53 Billion in 2024 to USD 9.69 Billion by 2032, growing at a CAGR of 3.2% in the forecast period (2025-2032).

The global wheel speed sensor market outlook is very competitive, with major players such as Bosch, Continental AG, Denso Corporation, and Honeywell International dominating the scene. They concentrate on innovation, strategic collaborations, and diversification of products. For example, Bosch concentrates on the development of sophisticated ADAS technologies, Continental AG in electric vehicle sensor technologies, Denso Corporation on the enhancement of its presence in EVs and safety systems and setting itself up to capitalize on increased demand in the automotive industry. 'Bosch Automotive (Germany)', 'Continental AG (Germany)', 'Denso Corporation (Japan)', 'Honeywell International (USA)', 'Sensata Technologies (US)', 'ZF Friedrichshafen AG (Germany)', 'Delphi Technologies (United Kingdom)', 'Valeo SA (France)', 'Mitsubishi Electric Corporation (Japan)', 'Hitachi Automotive Systems, Ltd. (Japan)', 'TE Connectivity Ltd. (Switzerland)', 'NXP Semiconductors (Netherlands)', 'Mando Corporation (South Korea)', 'Autoliv Inc. (Sweden)', 'TRW Automotive (USA)'

The rising demand for Advanced Driver Assistance Systems (ADAS) is a major driver of the global wheel speed sensor market growth. ADAS technologies like anti-lock braking systems (ABS), electronic stability control (ESC), and traction control rely on precise wheel speed data for better vehicle safety, increasing sensor demand.

Integration with ADAS for Enhanced Vehicle Safety: The global wheel speed sensor market trends is gravitating more and more towards Advanced Driver Assistance Systems (ADAS). With manufacturers emphasizing the improvement of safety, wheel speed sensors are a part of ADAS features such as anti-lock braking systems and traction control, enhancing vehicle stability and overall safety, and driving the market ahead.

How does the Early Adoption of ADAS in North America Impact the Wheel Speed Sensor Market?

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Global Wheel Speed Sensor Market
Wheel Speed Sensor Market

Report ID: SQMIG25A2426

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