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Drive by wire Market: 2018 Global Size, Share, Trends, Growth Factors, Emerging Technologies, Competitive Landscape, And Regional Forecast To 2023

30 August, 2018

Report provides Drive by wire Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Drive by wire Global Market is segmented 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 Companies Studied in This Research Report Are:

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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Global Drive by wire 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 emergence of autonomous vehicles has provided an impetus to the growth of the drive-by-wire market. Drive-by-wire technology finds intensive application in autonomous vehicles and adoption of autonomous cars boosts the market for drive-by-wire technology. Additionally, the drive-by-wire technology uses purely electromechanical systems which improves fuel economy and eliminates the emission of hazardous hydraulic fluids. Growing demand for environment-friendly vehicles and increasing regulatory measures for curbing environmental emissions has resulted in heightening the demand for drive-by-wire technology.

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.

Drive by wire Market Geographic Analysis:

Regionally, the global drive-by-wire market has been segmented into the four major regions of North America, Europe, Asia-Pacific and Rest of the World. Europe is anticipated to dominate the market owing presence of significant car manufacturing countries such as Germany, Sweden, U.K., Italy, Belgium, Spain, Netherlands, and France.

Germany is the major contributor of the Europe market owing to the presence of many automotive companies in the region. The Asia-Pacific market is slated to exhibit steady growth due to rapidly growing car market, and adoption of automotive electronics in the region.

Drive by wire Market Segmentation:

The global drive-by-wire market has been segmented based on application and vehicle type. By application, the market has been segmented into throttle by wire, shift-by-wire, steer-by-wire, brake-by-wire, and others.

By vehicle type, the market has been segmented into passenger cars and commercial vehicles. Amongst the application segment, the steer-by-wire sub-segment is expected to exhibit the highest CAGR over the forecast period. For instance, Nissan Infiniti uses the steer-by-wire technology in its vehicles. It is the first mass-produced road vehicles to use such an electronic control system.

Nissan has provided a backup clutch system which might be used in the event of a problem, but the company is hopeful that eventually the backup system would not be required, and the steer-by-wheel technology will facilitate operation from the back seat or even with the help of a joystick. Among the vehicle type segment, the commercial vehicle sub-segment is expected to witness significant growth over the forecast period.

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 Entrant

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

Continued…

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