Global Drive by Wire Market is valued approximately USD 17.3 million in 2017 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2018-2025. Increasing technological advancement and research and development in automotive sector leads to integration of computers and electronics into modern cars for advanced design and driver safety. According to European union commission report in 2017 European Union has 29.7% of its R&D in automotive additionally Japan has invested 30% in automotive. Increasing research and development in automotive sector for advancing driver safety and technological innovation in vehicle for reducing vehicle weight is expected to promote the market growth.
On the basis of segmentation, the Drive by Wire market is segmented into Application, Sensor Type, Component, On-Highway Vehicle, Electric & Hybrid Vehicle Type, Off-Highway Vehicle Type and Autonomous Vehicle segments. Application segment is sub-segmented into Brake-By-Wire, Park-By-Wire, Shift-By-Wire, Steer-By-Wire and Throttle-By-Wire, Sensor Type segment includes Brake Pedal Sensor, Hand Wheel Angle Sensor, Gear Shift Position Sensor, Pinion Angle Sensor, Park Sensor, Throttle Pedal Sensor and Throttle Position Sensor, Component is divided into Actuator, Electronic Control Unit (Ecu), Engine Control Module (Ecm), Electronic Throttle Control Module (Etcm), Electronic Transmission Control Unit (Etcu) , Feedback Motor and Parking Pawl, On-Highway Vehicle segment is further divided into Passenger Car, Light Commercial Vehicle (Lcv), Truck and Bus, Electric & Hybrid Vehicle Type segment categorized into Battery Electric Vehicle (Bev), Hybrid Electric Vehicle (Hev) and Plug-In Hybrid Electric Vehicle (Phev), Off-Highway Vehicle Type divided into Agriculture Tractors, Construction & Mining Equipment and Forklift and Autonomous Vehicle segment includes Brake By Wire, Park-By-Wire, Shift-By-Wire, Steer-By-Wire, Throttle-By-Wire and Autonomous Vehicle.
The regional analysis of Global Drive by Wire Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading market region for On-highway vehicles by drive by wire market in terms of market revenue share over the forecast period 2018-2025. Moreover, additional factors such as rising government initiatives and support for less emission and lower vehicle weight, rising initiative regarding standardize emission norms and increasing adoption of electric vehicle is expected to fuel the market growth in Asia Pacific.
The leading market players include-
• Bosch
• Continental
• Zf
• Infineon
• Nexteer
• Cts
• Ficosa
• Kongsberg
• Hitachi Automotive
• Curtiss-Wright
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Brake-By-Wire
Park-By-Wire
Shift-By-Wire
Steer-By-Wire
Throttle-By-Wire
By Sensor Type:
Brake Pedal Sensor
Hand Wheel Angle Sensor
Gear Shift Position Sensor
Pinion Angle Sensor
Park Sensor
Throttle Pedal Sensor
Throttle Position Sensor
By Component:
Actuator
Electronic Control Unit (Ecu)
Engine Control Module (Ecm)
Electronic Throttle Control Module (Etcm)
Electronic Transmission Control Unit (Etcu)
Feedback Motor
Parking Pawl
By On-Highway Vehicle:
Passenger Car
Light Commercial Vehicle (Lcv)
Truck
Bus
By Electric & Hybrid Vehicle Type:
Battery Electric Vehicle (Bev)
Hybrid Electric Vehicle (Hev)
Plug-In Hybrid Electric Vehicle (Phev)
By Off-Highway Vehicle Type:
Agriculture Tractors
Construction & Mining Equipment
Forklift
By Autonomous Vehicle:
Brake By Wire
Park-By-Wire
Shift-By-Wire
Steer-By-Wire
Throttle-By-Wire
Autonomous Vehicle
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Drive by Wire Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Drive by Wire. Industry analysis & Market Report on Drive by Wire is a syndicated market report, published as Global Drive by Wire Market Size Study by Sensor Type (Brake Pedal Sensor, Hand Wheel Angle Sensor, Gear Shift Position Sensor, Pinion Angle Sensor, Park Sensor), by Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (Etcm), Electronic Transmission Control Unit (ETCU) , Feedback Motor and Parking Pawl) and Regional Forecasts 2018-2025.. It is complete Research Study and Industry Analysis of Drive by Wire market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.