Antilock Braking System Wheel Speed Sensors Market
Antilock Braking System Wheel Speed Sensors
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Antilock Braking System Wheel Speed Sensors Market Size and Growth
The Antilock Braking System Wheel Speed Sensors market research reports indicate a growing demand for these sensors due to increasing vehicle safety standards. The market size is estimated to reach $1.2 billion by 2025, driven by the rising need for advanced braking systems in vehicles worldwide.
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Companies Covered (Covid 19 Impact Covered)
◍ Bosch
◍ Knorr-Bremse
◍ ADVICS
◍ Continental
◍ Wabco
◍ TRW
◍ Nissin Kogyo
◍ Mando
◍ Hyundai Mobis
◍ Hitachi
◍ Dongfeng Electronic
◍ Junen
◍ Guangzhou Sivco
◍ Kormee
◍ Wanxiang
◍ APG
The competitive landscape of Antilock Braking System
Wheel Speed Sensors Market includes companies such as Bosch, Knorr-Bremse, ADVICS, Continental, Wabco, TRW, Nissin Kogyo, Mando, Hyundai Mobis, Hitachi, Dongfeng Electronic, Junen, Guangzhou Sivco, Kormee, Wanxiang, and APG. These companies play a crucial role in developing and supplying wheel speed sensors, driving the growth of the market.
- Bosch reported sales revenue of $91.84 billion in 2020
- Continental reported sales revenue of $41.67 billion in 2020
- Hyundai Mobis reported sales revenue of $31.89 billion in 2020
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Market Segmentation
By Application
◍ Passenger Vehicles
◍ Commercial Vehicles
◍ Other
By Product
◍ Linear Wheel Speed Sensor
◍ Ring Wheel Speed Sensor
◍ Hall Type Wheel Speed Sensor
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$ X Billion USD
Market Growth
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