According to Stratistics MRC, the Global Drive-By-Wire Market is accounted for $17.2 billion in 2016 and is expected to reach $50.7 billion by 2023 growing at a CAGR of 16.6 % during the forecast period. Simple integration with Advanced Driver Assistance Systems (ADAS) and Performance & Efficiency and low Maintenance are some key factors fueling the market. Moreover, electric & hybrid vehicles provide huge growth opportunity for the market. However, low adoption rate among vehicle users is hampering the market growth.
Drive-by-wire or x-by-wire is an automotive technology that substitutes conventional mechanical systems, for example, throttle control, braking, steering and gear shifting my electronic systems. Generally cables, hydraulic pressure, or other mechanical components are exchange by sensors, electronic control unit, electric motors and actuators, etc.
By geography, Asia Pacific leads the market globally; the growth in the region is primarily being driven by Japan, China, Australia, South Korea, and India. Moreover, rise in the consumer purchasing power and their preference for better safety measures and the demand for greater fuel efficiency of the vehicle drives the market growth in this region.
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Some of the key players in Drive-By-Wire market include Delphi Automotive PLC, Mobil Elektronik GmbH, Continental Group, ZF Friedrichshafen AG, Infineon Group, Robert Bosch GmbH, SKF Group, Hitachi Automotive Systems, Ltd., Denso Corporation, Curtiss-Wright Corporation, CTS Corporation, Jaguar Land-Rover Automotive PLC, Nissan Motor Co., Orscheln Products LLC. and TRW Automotive PLC.
Vehicle type Covered:
Electronic throttle control (ETC)
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
List Of Tables:
Table 1 Global Drive-By-Wire Market Outlook, By Region
Table 2 Global Drive-By-Wire Market Outlook, By Vehicle type
Table 3 Global Drive-By-Wire Market Outlook, By Commercial Vehicles
Table 4 Global Drive-By-Wire Market Outlook, By Passenger Vehicles
Table 5 Global Drive-By-Wire Market Outlook, By Application
Table 6 Global Drive-By-Wire Market Outlook, By Brake-By-Wire
Table 7 Global Drive-By-Wire Market Outlook, By Shift-By-Wire
Table 8 Global Drive-By-Wire Market Outlook, By Steer-By-Wire
Table 9 Global Drive-By-Wire Market Outlook, By Electronic throttle control (ETC)
Table 10 Global Drive-By-Wire Market Outlook, By Suspension-By-Wire
Table 11 Global Drive-By-Wire Market Outlook, By Fly-By-Wire
Table 12 Global Drive-By-Wire Market Outlook, By Park-By-Wire
Table 13 Global Drive-By-Wire Market Outlook, By Other Applications
Table 14 North America Drive-By-Wire Market Outlook, By Country
Table 15 North America Drive-By-Wire Market Outlook, By Vehicle type
Table 16 North America Drive-By-Wire Market Outlook, By Commercial Vehicles
Table 17 North America Drive-By-Wire Market Outlook, By Passenger Vehicles
Table 18 North America Drive-By-Wire Market Outlook, By Application
Table 19 North America Drive-By-Wire Market Outlook, By Brake-By-Wire
Table 20 North America Drive-By-Wire Market Outlook, By Shift-By-Wire
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