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North America Speed Sensors Market Research Report Forecast to 2030

Publisher Market Research Future
Published Mar 07, 2024
Length 116 Pages
SKU # RESFT18627960

Description

North America Speed Sensors Market Research Report Forecast to 2030



As per MRFR, the North America Speed Sensor Market has been growing steadily over the past few years. It is expected to reach USD 1,784.3 million by 2030, at a CAGR of 6.0% during the forecast period, 2023–2030.

The increasing demand of electronics in automotive sector; increase in industrial automation by monitoring and controlling the speed of machineries and processes, for efficient and productivity improvement; and increase in demand of speed sensors for usages in turbines, generators, and wind turbines to monitor the rotational speed and ensuring optimal performance in energy sector are driving the demand for speed sensor for North America region.

North America, particularly the United States, has a substantial automotive manufacturing sector. The growing demand for vehicles, including electric and autonomous vehicles, is driving the need for advanced speed sensors for various applications, including engine control, transmission control, and vehicle safety systems. There are many industrial applications that require monitoring rotational speed and standstill. Speed sensors are used in the automotive, food, steel and mining industries to detect standstills, overspeed’s, and under-speeds on drives and conveyor belts. Speed sensors are used on mobile machines like forklift trucks to track speed.

Market Segmentation

The North America Speed Sensor Market has been segmented based on Type, Industry vertical, and country. Based on the Type, Hall Effect Speed Sensors accounted for the largest market share with a market value of USD 353.1 million in 2022 and is projected to grow at a CAGR of 4.5%. Based on Industry vertical, Automotive accounted for the largest market share with a market value of USD 528.8 million in 2022, which is projected to grow at the CAGR of 6.6% during the forecasted period. The industry vertical is further bifurcated into Automotive, Aerospace and Defense, Rail and Transit Industry, Electronics, Industrial, and Others. Based on the sub segments Automotive, Transmission accounted for the largest market share with a market value of USD 146.6 million in 2022 and is projected to grow at a CAGR of 6.8%. Based on the sub segments Aerospace and Defense, Aircraft accounted for the largest market share with a market value of USD 96.7 million in 2022 and is projected to grow at a CAGR of 5.5%. Based on the sub segments Rail and Transit Industry, Propulsion/ Traction Motor accounted for the largest market share with a market value of USD 109.4 million in 2022 and is projected to grow at a CAGR of 6.3%.

Major Players

The key vendors in the market are Rockwell Automation, Inc., ABB, NXP Semiconductors, STMicroelectronics, Infineon Technologies AG, Schneider Electric, Smith Systems, Inc., HYDAC Technology Corporation, Micro-Epsilon, Texas Instruments Incorporated, Continental AG, Bosch Engineering, Motion Sensors, Inc., Rechner Sensors, and Honeywell International Inc. and others.

Companies Mentioned

Rockwell Automation Inc.
ABB
NXP Semiconductors
STMicroelectronics
Infineon Technologies AG
Schneider Electric
Smith Systems Inc.
HYDAC Technology Corporation
Micro-Epsilon
Texas Instruments Incorporated
Continental AG
Bosch Engineering
Motion Sensors Inc.
Rechner Sensors
and Honeywell International Inc. and others.

Table of Contents

116 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Demand Of Electronics In Automative Sector.
4.2.2 Growing Adoption Of Anti-lock Braking System Technology
4.2.3 Increase In Industrial Automation By Monitoring And Controlling The Speed Of
Machineries And Processes
4.2.4 Increase In Demand Of Speed Sensors For Usages In Turbines, Generators And Wind
Turbines To Monitor The Rotational Speed
4.2.5 Drivers Impact Analysis
4.3 Restraints
4.3.1 Competitive Pricing
4.4 Opportunities
4.4.1 Rising Demand For Speed Sensors From The Healthcare Sector
4.4.2 Development Of Low Power And High Accuracy Speed Sensors
4.5 Trends In Speed Sensors Market
4.5.1 3 & 4 Channel Hall Effect Speed Sensor For Railway Applications
4.5.2 E-bike Speed Sensor Enriches The New Trend Of Abs Applications
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material And Components Providers
5.1.2 Sensor Manufacturers
5.1.3 Distribution & Sales
5.1.4 End User Industries
5.2 Porter's Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Threat Of Substitutes
5.2.4 Bargaining Power Of Buyers
5.2.5 Intensity Of Rivalry
6 North America Speed Sensors Market, By Type
6.1 Overview
6.1.1 North America Speed Sensors Market, By Type, 2019–2030 (Usd Million)
6.2 Hall Effect Speed Sensors
6.2.1.1 North America Speed Sensors Market, By Hall Effect Speed Sensor, 2019–2030
(Usd Million)
6.2.2 Basic
6.2.3 Amplified
6.2.4 Explosion Proof
6.2.5 Intrinsically Safe
6.3 Variable Reluctance Speed Sensors
6.3.1.1 North America Speed Sensors Market, By Variable Reluctance Speed Sensor,
2019–2030 (Usd Million)
6.3.2 Amplified
6.3.3 Explosion Proof
6.3.4 Intrinsically Safe
6.4 Rf (Inductive) Speed Sensor
6.4.1.1 North America Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–
(Usd Million)
6.4.2 Amplified
6.4.3 Explosion Proof
6.4.4 Intrinsically Safe
6.5 Magnetoresistive Speed Sensor
6.5.1.1 North America Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030
(Usd Million)
6.5.2 Amplified
6.5.3 Explosion Proof
6.5.4 Intrinsically Safe
7 North America Speed Sensors Market, By Industry Vertical
7.1 Overview
7.1.1 North America Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
7.2 Automotive
7.2.1.1 North America Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
7.2.2 Wheel
7.2.3 Powertrain
7.2.4 Transmission
7.3 Aerospace And Defense
7.3.1.1 North America Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
7.3.2 Commercial Aircraft
7.3.3 Defense Space
7.4 Consumer Electronics
7.5 Industrial
7.5.1.1 North America Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
7.5.2 Food & Beverage
7.5.3 Oil & Gas
7.5.4 Chemical
7.5.5 Power & Utilities
7.5.6 Water & Waste Water
7.5.7 Metal & Mining
7.5.8 Manufacturing
7.6 Medical
8 North America Speed Sensors Market, By Country
8.1 Overview
8.1.1 North America Speed Sensors Market, By Country, 2022 Vs 2030 (Usd Million)
8.1.2 North America: Speed Sensors Market, By Country, 2019–2030 (Usd Million)
8.2 Us
8.2.1 Us Speed Sensors Market, By Type, 2019–2030 (Usd Million)
8.2.1.1 Us Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
8.2.1.2 Us Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million)
8.2.1.3 Us Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
8.2.1.4 Us Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
8.2.2 Us Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
8.2.2.1 Us Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
8.2.2.2 Us Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
8.2.2.3 Us Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
8.3 Canada
8.3.1 Canada Speed Sensors Market, By Type, 2019–2030 (Usd Million)
8.3.1.1 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
8.3.1.2 Canada Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030
(Usd Million)
8.3.1.3 Canada Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
8.3.1.4 Canada Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
8.3.2 Canada Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
8.3.2.1 Canada Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
8.3.2.2 Canada Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
8.3.2.3 Canada Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
8.4 Mexico
8.4.1 Mexico Speed Sensors Market, By Type, 2019–2030 (Usd Million)
8.4.1.1 Mexico Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
8.4.1.2 Mexico Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030
(Usd Million)
8.4.1.3 Mexico Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
8.4.1.4 Mexico Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
8.4.2 Mexico Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
8.4.2.1 Mexico Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
8.4.2.2 Mexico Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
8.4.2.3 Mexico Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
9 Competitve Landscape
9.1 Competitive Benchmarking
9.2 Vendor Share Analysis
9.3 Recent Developments
9.3.1 Product Development
9.3.2 Partnerships/Agreements/Contracts/Collaborations
10 Company Profiles
10.1 Rockwell Automation, Inc.
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products/Solutions/Services Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Abb Ltd
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products/Solutions/Services Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Nxp Semiconductors N.V.
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products/Solutions/Services Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Stmicroelectronics
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products/Solutions/Services Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Infineon Technologies Ag
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products/Solutions/Services Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Schneider Electric
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products/Solutions/Services Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Smith Systems, Inc.
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products/Solutions/Services Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.8 Hydac Technology Corporation
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products/Solutions/Services Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.9 Micro-epsilon
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products/Solutions/Services Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.10 Texas Instruments Incorporated
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Solutions Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
10.11 Continental Ag
10.11.1 Company Overview
10.11.2 Financial Overview
10.11.3 Products/Solutions/Services Offered
10.11.4 Key Developments
10.11.5 Swot Analysis
10.11.6 Key Strategies
10.12 Bosch Engineering
10.12.1 Company Overview
10.12.2 Financial Overview
10.12.3 Products/Solutions/Services Offered
10.12.4 Key Developments
10.12.5 Swot Analysis
10.12.6 Key Strategies
10.13 Motion Sensors, Inc.
10.13.1 Company Overview
10.13.2 Financial Overview
10.13.3 Products/Solutions/Services Offered
10.13.4 Key Developments
10.13.5 Swot Analysis
10.14 Rechner Sensors
10.14.1 Company Overview
10.14.2 Financial Overview
10.14.3 Products/Solutions/Services Offered
10.14.4 Key Developments
10.14.5 Swot Analysis
10.15 Honeywell International Inc.
10.15.1 Company Overview
10.15.2 Financial Overview
10.15.3 Products/Solutions/Services Offered
10.15.4 Key Developments
10.15.5 Swot Analysis
10.15.6 Key Strategies
List Of Tables
Table 1 Market Synopsis
Table 2 North America Speed Sensors Market, By Type, 2019–2030 (Usd Million)
Table 3 North America Speed Sensors Market, By Hall Effect Speed Sensor, 2019–2030 (Usd Million)
Table 4 North America Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million)
Table 5 North America Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
Table 6 North America Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
Table 7 North America Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
Table 8 North America Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
Table 9 North America Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
Table 10 North America Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
Table 11 North America Speed Sensors Market, By Country, 2019–2030 (Usd Million)
Table 12 Us Speed Sensors Market, By Type, 2019–2030 (Usd Million)
Table 13 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
Table 14 Us Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million)
Table 15 Us Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
Table 16 Us Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
Table 17 Us Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
Table 18 Us Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
Table 19 Us Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
Table 20 Us Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
Table 21 Canada Speed Sensors Market, By Type, 2019–2030 (Usd Million)
Table 22 Canada Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
Table 23 Canada Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million)
Table 24 Canada Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
Table 25 Canada Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
Table 26 Canada Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
Table 27 Canada Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
Table 28 Canada Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
Table 29 Canada Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
Table 30 Mexico Speed Sensors Market, By Type, 2019–2030 (Usd Million)
Table 31 Mexico Speed Sensors Market, By Hall Effect Speed Sensors, 2019–2030 (Usd Million)
Table 32 Mexico Speed Sensors Market, By Variable Reluctance Speed Sensor, 2019–2030 (Usd Million)
Table 33 Mexico Speed Sensors Market, By Rf (Inductive) Speed Sensor, 2019–2030 (Usd Million)
Table 34 Mexico Speed Sensors Market, By Magnetoresistive Speed Sensor, 2019–2030 (Usd Million)
Table 35 Mexico Speed Sensors Market, By Industry Vertical, 2019–2030 (Usd Million)
Table 36 Mexico Speed Sensors Market, By Automotive, 2019–2030 (Usd Million)
Table 37 Mexico Speed Sensors Market, By Aerospace And Defense, 2019–2030 (Usd Million)
Table 38 Mexico Speed Sensors Market, By Industrial, 2019–2030 (Usd Million)
Table 39 Global North America Speed Sensor Market: Competitive Dashboard
Table 40 Product Development
Table 41 Partnerships/Agreements/Contracts/Collaborations
Table 42 Rockwell Automation, Inc.: Products/Solutions/Services Offered
Table 43 Rockwell Automation, Inc: Key Developments
Table 44 Abb Ltd: Products/Solutions/Services Offered
Table 45 Abb Ltd: Key Developments
Table 46 Nxp Semiconductors N.V: Products/Solutions/Services Offered
Table 47 Nxp Semiconductors N.V: Key Developments
Table 48 Stmicroelectronics: Products/Solutions/Services Offered
Table 49 Infineon Technologies Ag: Products/Solutions/Services Offered
Table 50 Infineon Technologies Ag: Key Developments
Table 51 Schneider Electric Company.: Products/Solutions/Services Offered
Table 52 Smith Systems, Inc. Products/Solutions/Services Offered
Table 53 Hydac Technology Corporation: Products/Solutions/Services Offered
Table 54 Micro-epsilon: Products/Solutions/Services Offered
Table 55 Texas Instruments Incorporated: Solutions Offered
Table 56 Texas Instruments Incorporated: Key Developments
Table 57 Continental Ag: Products/Solutions/Services Offered
Table 58 Continental Ag: Key Developments
Table 59 Bosch Engineering: Products/Solutions/Services Offered
Table 60 Bosch Engineering: Key Developments
Table 61 Motion Sensors, Inc: Products/Solutions/Services Offered
Table 62 Rechner Sensors.: Products/Solutions/Services Offered
Table 63 Honeywell International Inc.: Products/Solutions/Services Offered
List Of Figures
Figure 1 North America Speed Sensor Market: Market Structure
Figure 2 Bottom-up And Top-down Approaches
Figure 3 Market Dynamic Analysis Of The North America Speed Sensor Market
Figure 4 Driver Impact Analysis
Figure 5 Restraints Impact Analysis
Figure 6 Value Chain: North America Speed Sensor Market
Figure 7 Porter's Five Forces Analysis Of The North America Speed Sensor Market
Figure 8 North America Speed Sensors Market, By Type, 2022 (% Share)
Figure 9 North America Speed Sensors Market, By Type, 2022 Vs 2030 (Usd Million)
Figure 10 North America Speed Sensors Market, By Industry Vertical, 2022 (% Share)
Figure 11 North America Speed Sensors Market, By Industry Vertical, 2022 Vs 2030 (Usd Million)
Figure 12 North America Speed Sensors Market, By Country, 2022 (% Share)
Figure 13 North America Speed Sensors Market, By Country, 2022 Vs 2030 (Usd Million)
Figure 14 Global North America Speed Sensor Market: Competitive Benchmarking
Figure 15 Vendor Share Analysis (2022, % Share)
Figure 16 Rockwell Automation, Inc.: Financial Overview Snapshot
Figure 17 Rockwell Automation, Inc.: Swot Analysis
Figure 18 Abb Ltd: Financial Overview Snapshot
Figure 19 Abb Ltd: Swot Analysis
Figure 20 Nxp Semiconductors N.V.: Financial Overview Snapshot
Figure 21 Nxp Semiconductors N.V: Swot Analysis
Figure 22 Stmicroelectronics: Financial Overview Snapshot
Figure 23 Stmicroelectronics: Swot Analysis
Figure 24 Infineon Technologies Ag: Financial Overview Snapshot
Figure 25 Infineon Technologies Ag: Swot Analysis
Figure 26 Schneider Electric.: Financial Overview Snapshot
Figure 27 Schneider Electric.: Swot Analysis
Figure 28 Smith Systems, Inc.: Swot Analysis
Figure 29 Hydac Technology Corporation: Swot Analysis
Figure 30 Micro-epsilon: Swot Analysis
Figure 31 Texas Instruments Incorporated: Financial Overview Snapshot
Figure 32 Texas Instruments Incorporated: Swot Analysis
Figure 33 Continental Ag: Financial Overview Snapshot
Figure 34 Continental Ag: Swot Analysis
Figure 35 Bosch Engineering: Financial Overview Snapshot
Figure 36 Bosch Engineering: Swot Analysis
Figure 37 Motion Sensors, Inc: Swot Analysis
Figure 38 Rechner Sensors.: Swot Analysis
Figure 39 Honeywell International Inc.: Financial Overview Snapshot
Figure 40 Honeywell International Inc.: Swot Analysis

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