openPR Logo
Press release

Steer-by-Wire System Market to Incur Considerable Upsurge During 2027 - Danfoss, Eaton, Nexteer Automotive, Nissan Motor, Robert Bosch GmbH, SKF, thyssenkrupp AG and ZF Friedrichshafen AG

09-19-2019 02:38 PM CET | IT, New Media & Software

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Steer-by-Wire System Market

Steer-by-Wire System Market

Worldwide Steer-by-Wire System Market Analysis to 2027 is a specialized and in-depth study of the Steer-by-Wire System Industry with a focus on the global market trend. The report aims to provide an overview of global Steer-by-Wire System Market with detailed market segmentation by product/application and geography. The global Steer-by-Wire System Market is expected to witness high growth during the forecast period.

The steer-by-wire system enables complete steering control to the driver by eliminating any mechanical linkages. The current market landscape for the steer-by-wire system is supported by technological advancements in the automotive industry and enhancements in the driving dynamics. The increasing purchasing power of the population is likely to play a significant role in the robust growth of the steer-by-wire system market in the Asia Pacific region during the forecast period.

Get PDF Sample Copy of this Report @

Top Leading Market Players:

1. Danfoss
2. Eaton Corporation
3. Hitachi Automotive Systems Americas, Inc.
4. Nexteer Automotive Corporation
5. Nissan Motor Corporation
6. PARAVAN GmbH (Adolf Würth GmbH and Co. KG)
7. Robert Bosch GmbH
8. SKF
9. thyssenkrupp AG
10. ZF Friedrichshafen AG

The steer-by-wire system market is anticipated to grow in the forecast period owing to driving factors such as easy integration and independence of design coupled with the growing demand for better fuel efficiency. Also, enhanced steering functionality is expected to augment the growth of the steer-by-wire system market.

However, reluctance in adoption and associated high cost may hamper the growth of the steer-by-wire system market during the forecast period. Nevertheless, the demand for autonomous vehicles is foreseen to create excellent opportunities for the steer-by-wire system market players in the coming years.

The global steer-by-wire system market is segmented on the basis of component, propulsion type, and vehicle type. Based on component, the market is segmented as steering actuator, angular sensors, feedback motor, and others. On the basis of the propulsion type, the market is segmented as ICE and electric. The market on the basis of the vehicle type, is classified as passenger cars, heavy commercial vehicles, and light commercial vehicles.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global steer-by-wire system market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The steer-by-wire system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting steer-by-wire system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the xx market in these regions.

Enquiry for Discount @

Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market

Contact Us:

The Insight partners,
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Steer-by-Wire System Market to Incur Considerable Upsurge During 2027 - Danfoss, Eaton, Nexteer Automotive, Nissan Motor, Robert Bosch GmbH, SKF, thyssenkrupp AG and ZF Friedrichshafen AG here

News-ID: 1835224 • Views: 349

More Releases from The Insight Partners

Automated Parcel Delivery Terminals Market Analysis and Forecasts By Leading Pla …
automated parcel delivery terminals market accounted for US$ 799.0 Mn in 2017 and is expected to grow at a CAGR of 12.0% during the forecast period 2018 – 2025, to account for US$ 1,973.4 Mn in 2025. Automated Parcel Delivery Terminals market operates in a lately introduced highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base,
Detailed Research Report on Automotive Multi-Domain Controller Market to 2027
This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation
Industrial Metrology Market 2019 PROMINENT KEY PLAYERS: Carl Zeiss Corporation, …
Measurement principles applied to manufacture processes to ensure quality as well as the accuracy of the manufactured parts and components. A system of master parts, gauges and single-use machines worked when an entire product was produced in a single factory. Modern global supply chains need a different system. Metrology can be used for many different functions, depending on multiple variables including the purpose of the study or project. Commonly, the
Freight Transport Management Market 2019 Trends, Business Growth, Leading Player …
Efficient freight transportation is essential for the economic growth of any nation. Hence, effectively managing freight transportation becomes crucial for development. Various strategies are incorporated for improving efficiency and freight and commercial transport. These include route planning, freight optimization, order management, and fuel management. The industry, in recent years, has witnessed the advent of machine-to-machine communication and analytics to enhance these operations. Furthermore, the demand shift towards digitization offers significant

All 5 Releases

More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles ( and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the