Drive by wire market Trends, Business Growth, Leading Players and Forecast 2025

(IT-NEWSWIRE.COM, June 13, 2019 ) Drive by wire in the automotive industry is the use of electrical or electro-mechanical systems for performing vehicle functions achieved by mechanical linkages. The technology replaces the traditional mechanical control systems with electronic control systems by using electromechanical actuators and human-machine interfaces. It uses pedal and steering feel emulators.

The "Global drive by wire market analysis to 2027" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global drive by wire market trend analysis. The report aims to provide an overview of the drive by wire market with detailed market segmentation by application, sensor type, component, on highway vehicle, electric and hybrid vehicle type and autonomous vehicle. The global drive by wire market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading drive by wire market players and offers key trends and opportunities in the drive by wire market.

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The Drive by wire market is heavily influenced by driving factors such as decreased tail-pipe emission limits leading to vehicle light-weighting trend on-road and off - road vehicles, increase in demand for premium and luxury vehicles and easy integration and independence of design will drive the technological adoption boosts the market growth. However, high cost and limited public acceptance for drive by wire is impacting negatively on the growth of this market in the current market scenario.

Leading Key Players:

Bosch Limited
Curtiss-Wright Corporation
Delphi Technologies
DENSO CORPORATION
Ficosa Internacional SA
Hitachi Automotive Systems, Ltd
Infineon Technologies AG
Kongsberg Group
ME MOBIL ELEKTRONIK GMBH
ZF Friedrichshafen AG

The global drive by wire market is segmented on the basis of application, sensor type, component, on highway vehicle, electric and hybrid vehicle type and autonomous vehicle. Based on application type the market is segmented as brake-by-wire, park-by-wire, shift-by-wire, steer-by-wire and throttle-by-wire. On the basis of sensor type the market is segmented as brake pedal sensor, hand wheel angle sensor, gear shift position sensor, pinion angle sensor, park sensor and throttle pedal sensor.

On the basis of component the market is segmented as actuator, electronic control unit (Ecu), engine control module (Ecm), electronic throttle control module (Etcm), electronic transmission control unit (Etcu), feedback motor and parking pawl. Based on highway vehicle the market is segmented as passenger car, light commercial vehicle (Lcv), truck and bus. On the basis of electric and hybrid vehicle type the market is segmented as battery electric vehicle (Bev), hybrid electric vehicle (Hev) and plug-In hybrid electric vehicle (Phev).Based on autonomous vehicle the market is segmented as brake by wire, park-by-wire, shift-by-wire, steer-by-wire, throttle-by-wire and Autonomous Vehicle

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global drive by wire market based on various segments. It also provides market size and forecast estimates from 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 drive by wire market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting drive by wire market from both demand and supply side and further evaluates market dynamics effecting 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 effecting the Drive by wire market in these regions.

The reports cover key developments in the drive by wire market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from drive by wire market are anticipated to lucrative growth opportunities in the future with the rising demand for drive by wire in the global market. Below mentioned is the list of few companies engaged in the drive by wire market.

The report also includes the profiles of key drive by wire companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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Sameer Joshi

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Drive by wire market Trends, Business Growth, Leading Players and Forecast 2025