Global Automotive ABS and EPB Sensor Cable Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

ABS and EPB.

By Application;

Goods Car and Passenger Car.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn426306534 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive ABS and EPB Sensor Cable Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive ABS and EPB Sensor Cable Market was valued at USD 1084.07 million. The size of this market is expected to increase to USD 1525.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global automotive industry has seen significant advancements in recent years, with a particular focus on safety and performance enhancements. Within this landscape, the market for Anti-lock Braking System (ABS) and Electronic Parking Brake (EPB) sensor cables has emerged as a crucial component segment. These cables play a pivotal role in facilitating the seamless functioning of ABS and EPB systems, which are integral for vehicle stability and control. As automotive manufacturers strive to meet stringent safety standards and cater to evolving consumer preferences, the demand for high-quality sensor cables continues to rise.

One of the key drivers propelling the growth of the global automotive ABS and EPB sensor cable market is the increasing emphasis on vehicle safety features. ABS systems are designed to prevent wheels from locking up during braking, thereby enhancing control and reducing the risk of accidents, especially in adverse driving conditions. Similarly, EPB systems offer convenience and safety benefits by replacing traditional handbrakes with electronically controlled mechanisms. As these safety features become standard in modern vehicles, the demand for reliable sensor cables to support their operation surges.

Technological advancements in automotive electronics and sensor technology are fueling market growth. Manufacturers are constantly innovating to develop sensor cables that can withstand harsh environmental conditions, provide accurate data transmission, and integrate seamlessly with advanced ABS and EPB systems. Additionally, the proliferation of electric and hybrid vehicles is creating new opportunities for sensor cable suppliers, as these vehicles rely heavily on electronic braking systems for efficient performance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive ABS and EPB Sensor Cable Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in automotive safety technology
        2. Increasing demand for electric vehicles
        3. Factors boosting market growth
      2. Restraints
        1. High cost of ABS and EPB sensor cables
        2. Complexity of integration in existing vehicles
        3. Challenges hindering market progress
      3. Opportunities
        1. Growing automotive aftermarket segment
        2. Emerging markets in developing countries
        3. Potential areas for market expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive ABS and EPB Sensor Cable Market, By Product, 2021 - 2031 (USD Million)
      1. ABS
      2. EPB
    2. Global Automotive ABS and EPB Sensor Cable Market, By Application, 2021 - 2031 (USD Million)
      1. Goods Car
      2. Passenger Car
    3. Global Automotive ABS and EPB Sensor Cable Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TE Connectivity
      2. Yazaki Corporation
      3. Leoni AG
      4. Furukawa Electric Co., Ltd.
      5. Sumitomo Electric Industries, Ltd.
      6. Delphi Technologies
      7. Aptiv PLC
      8. Lear Corporation
      9. Hitachi Automotive Systems, Ltd.
      10. Continental AG
  7. Analyst Views
  8. Future Outlook of the Market