Drive-By-Wire Market (Application - Electronic Throttle Control, Brake-By-Wire, Steer-By-Wire and Shift-By-Wire; Vehicle Type - Passenger Vehicles and Commercial Vehicles) Insights with Key Company Profiles - Forecast to 2023Wire Market To bolster their positions, keen automotive component manufactures are focusing hard on developing technologically superior drive-by-wire technology systems. German multinational, Robert Bosch GmbH, for example, has launched an e-axle drive system that combines transmission, electric motors, and power electronics in one unit to implement drive-by-wire technology. SKF Group, again, has developed electromechanical actuators which are an integral part of drive-by-wire systems. Similarly, ZF Group has developed a clutch-by-wire system for passenger vehicles. Besides product development, main players in the global drive-by-wire market are also charging ahead through strategic acquisitions, partnerships, and divestments.
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As per the report, the demand for Drive-By-Wire Market is anticipated to be higher than hybrid power vehicles. Many nations seek to fulfill future energy requirements and minimize emission of pollutants. Thus, electric vehicles are gaining popularity across the globe. Electric vehicles find application in military, civil, and commercial areas. However, the rising number of working people has propelled the market players to develop electric vehicles, thus driving the market.
Some of the leading players functional in the global market: Robert Bosch GmbH, Delphi Automotive, Continental Group, Denso Corporation, ZF Friedrichshafen AG, SKF Group, Mobil Elektronik GmbH, Hitachi Automotive Systems, Curtiss-Wright Corporation, Infineon Group
Recently, Honda Motors, in a press conference announced that the company will be focusing more on introducing electric vehicles. To add to the product line, Honda has planned to manufacture more automatic electric vehicles to offer easy mobility to the disabled. This has motivated other key players operating in the global Drive-By-Wire market to introduce their innovative products. The auto industry has entered a transitional phase where key players are focusing on manufacturing electric vehicles. These are some of the findings of a new report added to the database of QYResearchReports.com.
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At present, the global Drive-By-Wire market is one of the emerging markets in the global automotive industry. The global automotive industry is shifting its focus towards eco-friendly vehicles owing to the rising environmental concerns. Thus, a rising number of auto manufacturers are manufacturing electric vehicles in different regions across the globe, including electric vehicles for the disabled.
The global Drive-By-Wire market is segmented on the basis of geography, type, and application. Regionally, the global Drive-By-Wire market is divided into North America, Europe, and Southeast Asia. Technological advancements and the availability of automobile infrastructure have encouraged manufacturers to introduce new electric vehicles. Companies are investing extensively on research and development activities to develop technologically advanced electric vehicles.
Information regarding the challenges faced by companies and the strategies adopted by them to overcome these challenges has been included. The report also gives information regarding the recent developments of key players and their product price and picture. The business and financial overview of companies are also given in the report. As such, this information is helpful for both established and new entrants in the market.
Table of Content:
Chapter 1 Drive-By-Wire Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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