Drive-by-wire Market: 2018 Global Statistics, Size, Share, Competitive Analysis, and Regional Forecast To 2023

Drive-by-wire Market Analysis 2018 explores opportunities in the global Drive-by-wire market with comprehensive information on the market drivers, restraints, growth factors, key company SWOT analysis, with regional forecast to 2023. Drive-by-wire technology Market growing at 9% CAGR from 2018 to 2023.

Drive-by-wire Companies Reviewed Are: Robert Bosch GmbH (Germany), Continental AG (Germany), Curtiss Wright Corp. (U.S.), TRW Automotive (U.S.), Nissan Motor Corporation (Japan), and P.S.A Citroen (France), and SKF Group (Sweden). Mobil Elektronik GmbH (Germany), Hitachi Automotive Systems, Ltd. (Japan), Continental Group (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Curtiss-Wright Corporation (U.S.), and Infineon Group (Germany).

The growth of this market is majorly driven by an increase in number of laws and mandates by governments with the objective of controlling the vehicular emissions. The use of drive-by-wire technology in an automotive helps increase the fuel efficiency of the automotive by reducing the weight of the vehicle. Growth in the demand for off-road vehicles is also driving the demand for drive-by-wire market.

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Drive-by-wire Global Market Overview:

The drive-by-wire market is expected to experience significant growth opportunities over the forecast period owing to the increase in sales of electric vehicles and plug-in hybrid electric vehicles across nations, such as China, Europe, U.S., Japan, and Canada.

Global Drive-by-wire Market Research Report Information by Application (Throttle by wire, Brake by wire, Shift by wire, Steer by wire, others), by Vehicle type (Passenger cars, Commercial Vehicles) and by Region. The global Drive-by-wire market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

The use of drive-by-wire technology in passenger cars also facilitates improvements in the fault diagnosis and monitoring, thereby reducing the cost of maintenance of the vehicle. The system comprises electromagnetic actuators, which helps modulate the amount of fuel to be supplied to the cylinder. The use of these systems also enhances the safety of the vehicle by providing computer controlled systems, such as lane assist systems and electronic stability control.

Scope of the report:

By application, the market has been segmented as throttle by wire, brake by wire, shift by wire, steer by wire and others. Amongst these, the steer-by-wire is expected to have the highest CAGR over the forecast period. This system is comprised of embedded software, integrated electronic control unit and control area network bus interface, which reduces the need for maintenance services during the life of the drive-by-wire system. This system also consists of electronic encoders that have sensors for tracking the steering wheel movement.

This study provides an overview of the global Drive-by-wire market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Drive-by-wire market by its platform, by application, by payload, and by region.

Regional Analysis of Global Drive-by-wire Market:

Geographically, the global drive-by-wire market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World. Europe is expected to dominate the growth of the global drive-by-wire market. Countries such as Germany, Spain, U.K., Sweden, Italy, Belgium, France, and the Netherlands are contributing in the growth of the market over the forecast period. In Europe, Germany is projected to dominate the market owing to the presence of the large automotive market in the region.

Intended Audience:

Manufacturers of Drive-by-wire

Raw material suppliers for Drive-by-wire

Government and research organization

Investment bankers and M&A Consultants

Company Information:

Profiling of 10 key market players

SWOT analysis, and strategy information of top five players in the market

Competitive landscape including emerging trends adopted by major companies.

Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition          

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

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