News

Global Drive by Wire Market Size is Estimated to Reach $35.18 billion by 2026 | 8.3% CAGR

Drive by Wire Market by Application (Throttle By Wire, Shift By Wire, Brake By Wire, Park By Wire, and Steer By Wire), Vehicle Type (Passenger Car, Commercial Vehicle, Electric Vehicle, and Off-highway Vehicles) and Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

The Global Drive by Wire Market is expected to grow at a CAGR of 8.3% during the forecast period 2019-2026. As per the analysis, the global market valued $18.76 billion in the year 2018, and is expected to reach $35.18 billion by the end of the year 2026.

GET FREE SAMPLE COPY @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR331

Market Dynamics

Autonomous vehicles have several benefits as compare to traditional vehicles such as, improved safety, reduction in traffic congestion, fuel and emissions. In addition, increasing road accidents also contributing in the shifting demand from conventional vehicles to driverless or drive by wire concept. For instance, as per the Population Reference Bureau, ~1.2 million deaths were reported due to road crashes each year and ~50 million injuries were reported. According to the same source of information, is the trend will continue in future, road traffic injuries will be the third largest reason to contribute in the global burden of injuries and diseases by the end of the year 2020.

Drive by wire vehicle can be one of the solutions to compress the number of road accidents. Moreover, rising demand for premium and luxury vehicles also expected to boost the demand for drive by wire market over the forecast period. Contradictory, high cost and limited public acceptance for drive by wire expected to restrain the growth of the global drive by wire market. Further, rapid development in autonomous vehicles is anticipated to facilitate opportunities to players of the drive by wire market. Furthermore, some legal and regulatory framework on drive by wire industry accounted to bring challenges to the global drive by wire market during the forecast period.

Segmentation Overview of the Global Drive by Wire Market

The Global Drive by Wire Market is segmented on the basis of Application, Vehicle Type and Component. These market segments are further categorized into various sub-segments to study the market in detail.

The Application Segment of the Global Drive by Wire Market is Sub-Segmented into:

  • Throttle by Wire
  • Brake by Wire
  • Park by Wire
  • Shift by Wire
  • Steer by Wire

The Vehicle Type Segment of the Global Drive by Wire Market is Sub-Segmented into:

  • Passenger Car
  • Commercial Vehicle
  • Electric Vehicle
  • Off-Highway Vehicles

The Component Segment of the Global Drive by Wire Market is Sub-Segmented into:

  • Actuator
  • Electronic Control Unit (ECU)
  • Engine Control Module (ECM)
  • Electronic Throttle Control Module (ETCM)
  • Feedback Motor
  • Parking Pawl
  • Sensors
  • Electronic Transmission Control Unit (ETCU)
  • Others

Geographical Overview of the Global Drive by Wire Market

On the basis of geographical segmentation, the global drive by wire market is categorized across North America, Europe, Asia-Pacific, and LAMEA. As per the analysis, the Asia Pacific region is projected as the most lucrative region and also expected to lead the global drive by wire market over the forecast period, owing to growing preference for better safety measures and higher fuel efficiency of the vehicle. In addition, the government support of various countries of the region is also driving the regional growth. For instance, Indian government has developed a two-pronged strategy aimed at both buyers and manufacturers to encourage the growth of the electric vehicle (EV) industry in the country, under this, the government offered $1.4 billion in the form of subsidies.

Key Players Insights

Key players in global drive by wire market include Hitachi Automotive, Curtiss-Wright Corporation, Ficosa Corporation (Panasonic Corporation), Kongsberg Automotive, Nexteer Automotive Group Limited, DENSO Corporation, Nissan Motor Corporation, ZF Friedrichshafen, Robert Bosch GmbH and Continental AG. These companies are using various strategies such as merger & acquisition, collaboration, partnership and product launch to withhold the largest market share for the long-term and sustain in various market conditions. For instance, in July 2019, ZF Friedrichshafen introduced rubber-to-metal components use in electric and hybrid vehicles. With the rapid increase in demand for hybrid and electric vehicles, ZF Friedrichshafen expected to secure the market growth within the sector.

Key Topics Covered

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models

Chapter 2: Executive Summary

2.1. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies

3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2017)
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rising Development of Autonomous Vehicles.
3.5.1.2. Growth of Connected Infrastructure.

3.5.2. Restraint

3.5.2.1. High Cost of Drive By Wire System
3.5.2.2. Threat of Data Hacking And Malfunctioning

3.5.3. Opportunities

3.5.3.1. Development of Smart Cities.

Chapter 4: Drive By Wire Market, By Application

4.1. Overview
4.2. Throttle By Wire

4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country

4.3. Shift By Wire

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country

4.4. Brake By Wire

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country

4.5. Park By Wire

4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country

4.6. Steer By Wire

4.6.1. Key Market Trends, Growth Factors, And Opportunities
4.6.2. Market Size And Forecast, By Region
4.6.3. Market Analysis By Country

Chapter 5: Drive By Wire Market, By Vehicle Type

5.1. Overview
5.2. Passenger Car

5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country

5.3. Commercial Vehicle

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country

5.4. Electric Vehicle

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country

5.5. off-Highway Vehicles

5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country

Chapter 6: Drive By Wire Market, By Component

6.1. Overview
6.2. Actuator

6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country

6.3. Electronic Control Unit (Ecu)

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country

6.4. Engine Control Module (Ecm)

6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis By Country

6.5. Electronic Throttle Control Module (Etcm)

6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis By Country

6.6. Electronic Transmission Control Unit (Etcu)

6.6.1. Key Market Trends, Growth Factors, And Opportunities
6.6.2. Market Size And Forecast, By Region
6.6.3. Market Analysis By Country

6.7. Feedback Motor

6.7.1. Key Market Trends, Growth Factors, And Opportunities
6.7.2. Market Size And Forecast, By Region
6.7.3. Market Analysis By Country

6.8. Parking Pawl

6.8.1. Key Market Trends, Growth Factors, And Opportunities
6.8.2. Market Size And Forecast, By Region
6.8.3. Market Analysis By Country

6.9. Sensors

6.9.1. Key Market Trends, Growth Factors, And Opportunities
6.9.2. Market Size And Forecast, By Region
6.9.3. Market Analysis By Country

6.10. Others

6.10.1. Key Market Trends, Growth Factors, And Opportunities
6.10.2. Market Size And Forecast, By Region
6.10.3. Market Analysis By Country

Chapter 7: Drive By Wire Market, By Region

7.1. Overview
7.2. North America

7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Application
7.2.3. Market Size And Forecast, By Vehicle Type
7.2.4. Market Size And Forecast, By Component
7.2.5. Market Analysis By Country

7.2.5.1. U.S.

7.2.5.1.1. Market Size And Forecast, By Application
7.2.5.1.2. Market Size And Forecast, By Vehicle Type
7.2.5.1.3. Market Size And Forecast, By Component

7.2.5.2. Canada

7.2.5.2.1. Market Size And Forecast, By Application
7.2.5.2.2. Market Size And Forecast, By Vehicle Type
7.2.5.2.3. Market Size And Forecast, By Component

7.2.5.3. Mexico

7.2.5.3.1. Market Size And Forecast, By Application
7.2.5.3.2. Market Size And Forecast, By Vehicle Type
7.2.5.3.3. Market Size And Forecast, By Component

7.3. Europe

7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Application
7.3.3. Market Size And Forecast, By Vehicle Type
7.3.4. Market Size And Forecast, By Component
7.3.5. Market Analysis By Country

7.3.5.1. U.K.

7.3.5.1.1. Market Size And Forecast, By Application
7.3.5.1.2. Market Size And Forecast, By Vehicle Type
7.3.5.1.3. Market Size And Forecast, By Component

7.3.5.2. Germany

7.3.5.2.1. Market Size And Forecast, By Application
7.3.5.2.2. Market Size And Forecast, By Vehicle Type
7.3.5.2.3. Market Size And Forecast, By Component

7.3.5.3. Italy

7.3.5.3.1. Market Size And Forecast, By Application
7.3.5.3.2. Market Size And Forecast, By Vehicle Type
7.3.5.3.3. Market Size And Forecast, By Component

7.3.5.4. France

7.3.5.4.1. Market Size And Forecast, By Application
7.3.5.4.2. Market Size And Forecast, By Vehicle Type
7.3.5.4.3. Market Size And Forecast, By Component

7.3.5.5. Rest of Europe

7.3.5.5.1. Market Size And Forecast, By Application
7.3.5.5.2. Market Size And Forecast, By Vehicle Type
7.3.5.5.3. Market Size And Forecast, By Component

7.4. Asia-Pacific

7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast, By Application
7.4.3. Market Size And Forecast, By Vehicle Type
7.4.4. Market Size And Forecast, By Component
7.4.5. Market Analysis By Country

7.4.5.1. China

7.4.5.1.1. Market Size And Forecast, By Application
7.4.5.1.2. Market Size And Forecast, By Vehicle Type
7.4.5.1.3. Market Size And Forecast, By Component

7.4.5.2. Japan

7.4.5.2.1. Market Size And Forecast, By Application
7.4.5.2.2. Market Size And Forecast, By Vehicle Type
7.4.5.2.3. Market Size And Forecast, By Component

7.4.5.3. India

7.4.5.3.1. Market Size And Forecast, By Application
7.4.5.3.2. Market Size And Forecast, By Vehicle Type
7.4.5.3.3. Market Size And Forecast, By Component

7.4.5.4. South Korea

7.4.5.4.1. Market Size And Forecast, By Application
7.4.5.4.2. Market Size And Forecast, By Vehicle Type
7.4.5.4.3. Market Size And Forecast, By Component

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market Size And Forecast, By Application
7.4.5.5.2. Market Size And Forecast, By Vehicle Type
7.4.5.5.3. Market Size And Forecast, By Component

7.5. Lamea

7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Application
7.5.3. Market Size And Forecast, By Vehicle Type
7.5.4. Market Size And Forecast, By Component
7.5.5. Market Analysis By Country

7.5.5.1. Latin America

7.5.5.1.1. Market Size And Forecast, By Application
7.5.5.1.2. Market Size And Forecast, By Vehicle Type
7.5.5.1.3. Market Size And Forecast, By Component

7.5.5.2. Middle East

7.5.5.2.1. Market Size And Forecast, By Application
7.5.5.2.2. Market Size And Forecast, By Vehicle Type
7.5.5.2.3. Market Size And Forecast, By Component

7.5.5.3. Africa

7.5.5.3.1. Market Size And Forecast, By Application
7.5.5.3.2. Market Size And Forecast, By Vehicle Type
7.5.5.3.3. Market Size And Forecast, By Component

Chapter 8: Company Profiles

8.1. Continental Ag.

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves And Developments

8.2. Robert Bosch Gmbh

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.2.6. Key Strategic Moves And Developments

8.3. Zf Friedrichshafen

8.3.1. Company Overview
8.3.2. Operating Business Segments
8.3.3. Product Portfolio
8.3.4. Business Performance
8.3.5. Key Strategic Moves And Developments

8.4. Nissan Motor Corporation

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Product Portfolio
8.4.4. Business Performance
8.4.5. Key Strategic Moves And Developments

8.5. Denso Corporation

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Business Performance
8.5.6. Key Strategic Moves And Developments

8.6. Nexteer Automotive Group Limited

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves And Developments

8.7. Kongsberg Automotive

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Product Portfolio
8.7.5. Business Performance

8.8. Ficosa Corporation (Panasonic Corporation)

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Business Performance
8.8.6. Key Strategic Moves And Developments

8.9. Curtiss-Wright Corporation

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance

8.10. Hitachi Automotive Systems, Ltd.

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Product Portfolio
8.10.4. Business Performance

Request for [email protected] https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR331

Buy this premium research [email protected] https://www.reportocean.com/industry-verticals/details?report_id=AMR331

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:

Report Ocean
Name: Nishi Sharma
Email: [email protected]
Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.reportocean.com/
Blog: https://reportoceanblog.com/

The post Global Drive by Wire Market Size is Estimated to Reach $35.18 billion by 2026 | 8.3% CAGR appeared first on Market News Bizz.

About the author

Sharan Stone

Sharan Stone

Sharan comes to Market Research Tab with more than 7 years of experience as an editor. Sharan has his fingers firmly placed on the pulse of the business world and he covers retail, construction, and other industries as an editor for Market Research Tab. Email: [email protected]

More News

Need Your Support

Please Support Us to publish free guest post

Support

Contact

Market Research Tab Inc.
600 B Street Suite 300,
San Diego CA 92101.