Press release
Drive-By-Wire Market Research Report | Market Growth Analysis 2025
In order to stay ahead of competition in the global drive-by-wire market, automotive component manufactures are pouring money into development of advanced drive-by-wire technology systems. They are also focusing on electric powertrain development. Robert Bosch GmbH, for instance, has developed an e-axle drive system that combines transmission, electric motors, and power electronics in one unit to implement drive-by-wire technology. SKF Group has developed electromechanical actuators which are an integral part of drive-by-wire systems.
Other strategies leveraged by savvy companies in the drive-by-wire market to bolster their positions are carefully-considered acquisitions, partnerships, and divestments. As per a report by Transparency Market Research, the global drive-by-wire market will likely become worth US$59.5 bn vis-à-vis revenue by 2025 from US$18.22 bn in 2016 by clocking a robust 15.0% CAGR during the period between 2017 and 2025.
View Report-
http://www.transparencymarketresearch.com/drive-by-wire-market.html
Powered by China and Japan, Asia Pacific to Grow at Maximum Pace
Based on applications, the global drive-by-wire market can be segmented into brake-by-wire, electronic throttle control, steer-by-wire, and shift-by-wire. Of them, electronic throttle control segment, which is the oldest form of drive-by-wire technology, is predicted to be the most lucrative segment.
Depending upon geography, the global drive-by-wire market can be divided into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Asia Pacific, at present, leads the market. The growth in the region is primarily being driven by Japan, China, Australia, South Korea, and India. Expanding at a good clip, the region is slated to grow its market share to 42.6% by 2025.
Request to download and view full ToC -
http://www.transparencymarketresearch.com/report-toc/25601
Emergence of Autonomous Vehicles to Catalyze Market Growth
Drive-by-wire or x-by-wire technologies, which is comprised of different automotive electronic components such as sensors, electronic control unit, actuators, electric motors, etc., is primed to play a crucial part in future autonomous vehicles. “Drive-by-wire vehicles need more power than conventional vehicles. While conventional vehicles run on 12-volt system, drive-by-wire requires 48-volt system. Rising adoption from 12-volt system to 48-volt system presents an opportunity to increase adoption of drive-by-wire in global automotive market,” explains the lead analyst of the report.
Request to view Sample Report -
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=25601
Rules against Vehicular Emissions Stoke Demand in Market
Besides, growing demand for fuel-efficient vehicles and regulations aimed at curbing emissions have also resulted in higher uptake of drive-by-wire or x-by-wire technologies. This is particularly evident in the developed U.S. and other European countries, where authorities have framed rules supporting fuel efficiency and discouraging vehicular emissions. This has caused increased uptake of drive-by-wire technology in vehicles, which helps to up fuel efficiency by reducing the weight of the vehicle and brings down vehicular emissions due to gradual conversion to a 48-volt electrical system.
Rising demand of off-road vehicles is also serving to catalyze demand for drive-by-wire systems. Drive-by-wire application is increasing in forklifts, harvesters, tractors, construction and mining equipment, industrial electric vehicles, mowers, utility vehicles, and other off-road vehicles.
One drawback of drive-by-wire system is that it removes the entire mechanical connection in a vehicle by electronic systems. Hence, in case of a software malfunction there is no backup control as the entire mechanical system is removed. This poses serious safety issues.
Drive-By-Wire Market Report is available @ US$ 5795
http://www.transparencymarketresearch.com/checkout.php?rep_id=25601<ype=S
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Drive-By-Wire Market Research Report | Market Growth Analysis 2025 here
News-ID: 712366 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for Grow
Simulators Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The Simulators market size is projected to grow from USD 25.5 billion in 2022 to USD 34.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027. Some of the factors fueling the market's growth include growing demand for pilots in aviation industry and the need for cost cutting in pilot training. However, lack of interoperability and longer product life cycle are expected to restrain the market growth…
Savage Grow Plus Review: Ingredients, Benefits and Where to Buy Savage Grow Plus
Savage Grow Plus has been introduced to the market as one of the leading male health supplements that can aid men who wish to improve their testosterone health. Men can use this formula with consistency to add some extra inches and also boost their overall performance in bed. We will try to learn in this review what it contains.
Get Savage Grow Plus For As Low As $49: https://rebrand.ly/OfficialSavageGrowPlus
Savage Grow…
Primal Grow Pro Review - Primal Grow Pro Benefits, Ingredients and Side Effects …
Almost every man is worried about their men health and whether they can satisfy their partner in bed or not. Their fear often translates into performance anxiety that further has a negative impact on their romantic life. This fear can combine with various other factors and even result in temporary erectile dysfunction.
There are many products that claim to improve couple life and trigger private growth. Many drugs also claim to…
Think & Grow Rich
Think & Grow Rich
Welcome to iiGrowRich.com
For everything that you need in order to grow rich , but were afraid to ask.
All great business people, will tell you, that you must learn from your mistakes in business and in life.....Every time you make a mistake, analyse it and then correct that mistake....This is the school of hard knocks.....Now is the time to start learning from those mistakes and use them to…
Grow Your Own Cloud
Imagine if you could store all of your family photos, in a plant.
Grow Your Own Cloud is a new service that helps you store your data nature’s way, in the DNA of plants, and bringing the latest in biotechnology, genetic science, and data artistry to your local flower shop.
On Sunday September 30th, during a 24h only pop-up at the well-known boutique, Blomsterskuret, in Copenhagen, Denmark visitors will be able…
Global LED Grow Lights Market- Illumitex, Kessil ,Kind LED Grow Lights, LEDHYDRO …
Global LED Grow Lights Market report 2017 is an in-depth research on the current situation of the LED Grow Lights industry.
The Scope of the LED Grow Lights research report:
The Global LED Grow Lights Market primarily includes a basic overview of the LED Grow Lights industry. It also includes LED Grow Lights definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes LED Grow…
