Press release
Drive-by-wire Market - Global Leading Players, Key Country Analysis 2018 to 2023: Bosch, Continental, Curtiss Wright, TRW, Nissan, SKF, Mobil Elektronik, Hitachi Automotive, Continental, Denso, ZF Friedrichshafen, Curtiss-Wright, and Infineon
Drive-by-wire Market size, share, merger and acquisition, key country analysis, with global market historic and forecast data to 2023, is included in report.
Get Sample Copy of “Drive-by-wire Market Research Report- Forecast 2023” At: https://www.marketresearchfuture.com/sample_request/5933
Drive-by-wire Market Key Company Reviewed in Report:
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) are among others.
Drive-by-wire Market Synopsis:
Drive-by-wire technology improves safety by facilitating more automated control, enhances the flexibility of automotive systems, simplifies car's interior designs, and eliminates the problems of mechanical systems. Shift in the automotive industry from mechanical systems to electrically controlled systems has provided opportunities for growth of drive-by-wire technology.
The emergence of autonomous vehicles has provided an impetus to the growth of the drive-by-wire market. Drive-by-wire technology finds intensive application in autonomous vehicles and adoption of autonomous cars boosts the market for drive-by-wire technology.
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.
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.
Drive-by-wire Market Segmentation:
The global drive-by-wire market has been segmented based on application and vehicle type. By application, the market has been segmented into throttle by wire, shift-by-wire, steer-by-wire, brake-by-wire, and others. By vehicle type, the market has been segmented into passenger cars and commercial vehicles. Amongst the application segment, the steer-by-wire sub-segment is expected to exhibit the highest CAGR over the forecast period. For instance, Nissan Infiniti uses the steer-by-wire technology in its vehicles. It is the first mass-produced road vehicles to use such an electronic control system. Nissan has provided a backup clutch system which might be used in the event of a problem, but the company is hopeful that eventually the backup system would not be required and the steer-by-wheel technology will facilitate operation from the back seat or even with the help of a joystick. Among the vehicle type segment, the commercial vehicle sub-segment is expected to witness significant growth over the forecast period.
Drive-by-wire Market Regional Analysis:
Regionally, the global drive-by-wire market has been segmented into the four major regions of North America, Europe, Asia-Pacific and Rest of the World. Europe is anticipated to dominate the market owing presence of significant car manufacturing countries such as Germany, Sweden, U.K., Italy, Belgium, Spain, Netherlands, and France. Germany is the major contributor of the Europe market owing to the presence of a large number of automotive companies in the region. The Asia-Pacific market is slated to exhibit steady growth due to rapidly growing car market, and adoption of automotive electronics in the region.
Drive-by-wire Industry Developments:
Textron Off-Road innovated its first off-road vehicle lineup using drive-by-wire throttle technology which is programmed to maintain smooth power delivery even when riding over rough terrain.
List of Tables:
Table 1 Global Drive-By-Wire Market: By Region, 2017-2023
Table 2 North America Drive-By-Wire Market: By Country, 2017-2023
Table 3 Europe Drive-By-Wire Market: By Country, 2017-2023
Table 4 Asia Pacific Drive-By-Wire Market: By Country, 2017-2023
Table 5 RoW Drive-By-Wire Market: By Country, 2017-2023
Table 6 Global Drive-By-Wire Market, By Application: By Regions, 2017-2023
Table 7 North America Drive-By-Wire Market, By Application: By Country, 2017-2023
Table 8 Europe Drive-By-Wire Market, By Application: By Country, 2017-2023
Table 9 Asia Pacific Drive-By-Wire Market, By Application: By Country, 2017-2023
Table 10 RoW Drive-By-Wire Market, By Application: By Country, 2017-2023
Table 11 Global Drive-By-Wire Market, By Vehicle Type, By Regions, 2017-2023
Table 12 North America Drive-By-Wire Market, By Vehicle Type, By Country, 2017-2023
Table 13 Europe Drive-By-Wire Market, By Vehicle Type, By Country, 2017-2023
Continued…
Browse more details on this report at: https://www.marketresearchfuture.com/reports/drive-by-wire-market-5933
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