Vehicle speed sensor (VSS),
commonly also known as wheel speed sensor, is a type of tachometer typically located at transmission or transaxle and measures transmission/transaxle output or wheel speed. These sensors alert the driver when the output or speed exceeds danger limits and helps in avoiding accidents. Globally, growing automotive industry and stringent safety regulations into all major automotive markets are expected to remain some of the key growth drivers for vehicle speed sensors during the period of study.
Geographically, North America dominated the vehicle speed sensor market driven by higher demand and consumption automobiles coupled with stringent safety regulations in the region. North America was followed by Europe and Asia-Pacific as the second and third largest market for vehicle speed sensor market. Asia Pacific is projected to have the fastest growth, owing to rapidly expanding automotive industry along with initiatives from the regulatory bodies to lay down new and stricter regulation in developing nations such as China and India in this region.
This report identifies the
global vehicle speed sensor market
size for the year 2014-2016 and forecast of the same for year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global vehicle speed sensor market.
This report segments vehicle speed sensor market on the basis of type, application and regional market as follows:
- Vehicle Speed Sensor market research report is classified on the basis of type. Some of the major types covered in this report are as follows: Optical Vehicle Speed Sensor, Hall-type Vehicle Speed Sensor, Magnetic-electric Vehicle Speed Sensor
- Vehicle Speed Sensor market research report is classified on the basis of application. Some of the major applications covered in this report are as follows: Position sensing, Pulse counting, Liquid and gas as flow meters, Speedometers, Coil applications and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies profiled in this Report are:
- General Motors
- Allegro MicroSystems
- Walker Products