Drive-by-wire Market is to Grow at exponential growth rate of 9% by 2023. Market research future published Drive-by-wire Market Research Report – Forecast to 2023 on global Drive-by-wire industry, which provides Global Drive-by-wire Market Size, Share, Growth historical, and forecast data with regional outlook to 2023. Global Automotive Drive-by-wire Market 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.

Drive-by-wire Market Key Players Analyzed In This Report:

The prominent players in the drive-by-wire market include 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.  

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Market Overview:

Drive-by-wire refers to an automotive technology that replaces the conventional mechanical systems of a vehicle, such as throttle control, braking, steering and gear shifting by the application of electronic systems.

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 help 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.

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.

However, various regulatory authorities believe that mechanical systems are more reliable as compared to the electronic systems. Also, the drive-by-wire systems are more complex and are therefore, more expensive than mechanical controls. Therefore, the drive-by-wire market has seen remarkable growth in the global market and it has been observed that, it is expected to grow at ~9% CAGR.

Target Audience:

Organizations
Manufacturer
Research Institute / Education Institute
Potential Investors
Regional Analysis:

The regional segmentation of the global Advanced Driver Assistance Systemss market segments the market into the regional markets namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and rest of the world (RoW).

Major Table Of Content:

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

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