Automotive

Drive By Wire Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018– 2025

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.

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, 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.

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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

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

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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