Drive By Wire Market: Current Analysis and Forecast (2021-2027)
June 2022
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About the Report
About the Report
Drive-by-wire helps to free up vehicle space that was previously occupied by mechanical parts, giving you design freedom and benefits such as reduced noise and vibration levels inside the vehicle. For example, removing the steering column allows manufacturers to conveniently place the driver's seat anywhere in the vehicle compared to the traditional position in the front corner. You can also increase the internal space to accommodate more passengers without increasing the length of the vehicle. Change. The Nissan Murano concept car demonstrated the benefits of drive-by-wire by adding a third row of seats to the five-seater model. The concept car uses several drive-by-wire technologies that allow Nissan to expand the wheelbase of the car, which increases internal space by 110mm. Drive-by-wire uses multiple sensors to direct and control the vehicle's response to driver input. This facilitates the integration of ADAS with these systems, as the sensors and actuators required for ADAS technology are already present drive-by-wire. Therefore, easier integration is expected to increase technology adoption and have a positive impact on the drive-by-wire market. Based on application, the market is segmented into Brake, Park, Shift, Steer, and Throttle. The Shift segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. Over the projected period, the shift-by-wire segment is expected to dominate the market. It's a system that uses an electronic control device to adjust the gearbox mode. The mechanical linkage between the gearbox and the lever is eliminated with this technique. With the use of a push-button, shift-by-wire allows for seamless gear shifting. Proper gear changing aids in maintaining the vehicle's fuel efficiency
Based on vehicle type, the market is segmented into Passenger Car and Commercial Vehicle. The Passenger Car segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. The drive-by-wire system is used in the majority of mid-size and luxury car classes. In the future years, the worldwide passenger car drive by wire market will be driven by increased production of mid-size and luxury automobiles. In addition, the passenger car drive by wire market is predicted to benefit from rising demand for higher safety and luxury, as well as improved operational accuracy. Additionally, as more severe pollution standards are enacted around the world, automakers are being forced to use drive-by-wire technology in their automobiles. The dominance of this category in the market is expected to grow as sales and manufacturing of passenger automobiles increase. Over the projection period, the government's various tax incentives for the purchase of hybrid and electric vehicles will stimulate demand for passenger automobiles
Based on the component, the market is segmented into Electronic Control Unit, Actuator, Electronic Throttle Control Module, Electronic Transmission Control Unit, and Others. The Actuator segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. One or more actuators are used in every drive by wire application. For example, a brake-by-wire system has four actuators, one for each wheel. Because electric actuators may be controlled precisely with the brake system ECU, electrically actuated brakes are compatible with technologies like an anti-lock braking system (ABS) and stability control. The pedal linking the gas pedal and the throttle valve is replaced by an electronic system made up of a number of sensors and actuators in throttle-by-wire. In drive-by-wire applications, a variety of actuators are used, including steering actuators, feedback actuators, pinion actuators, motor controlling throttle valve position actuators, and Servomotor/pump actuators. The global market for actuators is likely to be driven by the growing number of automobiles with drive-by-wire applications
For a better understanding of the market adoption of Drive By Wire, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of APAC), and Rest of World
Some of the major players operating in the market include Denso Corporation, ZF Friedrichshafen, Curtiss-Wright Corporation, TRW Automotive, Continental AG, Hitachi Automotive Systems, Ltd., Nissan Motor Corporation, Robert Bosch GmbH, Ficosa Corporation and Kongsberg Automotive
Products
Companies
Denso Corporation, ZF Friedrichshafen, Curtiss-Wright Corporation, TRW Automotive, Continental AG, Hitachi Automotive Systems, Ltd., Nissan Motor Corporation, Robert Bosch GmbH, Ficosa Corporation and Kongsberg Automotive
Table of Contents
Table of Contents
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stake Holders
1.4. Currency used in Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Drive By Wire Market
2.2. Research Methodology of the Drive By Wire Market
2.3. Forecasting Method
2.4. Respondent Profile
2.5. Main Objective of the Drive By Wire Market Study
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 DRIVE BY WIRE MARKET COVID-19 IMPACT
6 DRIVE BY WIRE MARKET REVENUE, 2019-2027F
7 MARKET INSIGHTS BY APPLICATION
7.1. Brake
7.2. Park
7.3. Shift
7.4. Steer
7.5. Throttle
8 MARKET INSIGHTS BY VEHICLE TYPE
8.1. Passenger Car
8.2. Commercial Vehicle
9 MARKET INSIGHTS BY COMPONENT
9.1. Electronic Control Unit
9.2. Actuator
9.3. Electronic Throttle Control Module
9.4. Electronic Transmission Control Unit
9.5. Others
10 MARKET INSIGHTS BY REGION
10.1. NORTH AMERICA DRIVE BY WIRE MARKET
10.1.1. United States
10.1.2. Canada
10.1.3. Rest of North America
10.2. EUROPE DRIVE BY WIRE MARKET
10.2.1. Germany
10.2.2. France
10.2.3. United Kingdom
10.2.4. Italy
10.2.5. Rest of Europe
10.3. ASIA-PACIFIC DRIVE BY WIRE MARKET
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Rest of Asia Pacific
10.4. REST OF WORLD DRIVE BY WIRE MARKET
11 DRIVE BY WIRE MARKET DYNAMICS
11.1. Market Drivers
11.2. Market Challenges
11.3. Impact Analysis
12 DRIVE BY WIRE MARKET OPPORTUNITIES
13 DRIVE BY WIRE MARKET TRENDS
14 LEGAL & REGULATORY FRAMEWORK
15 DEMAND AND SUPPLY SIDE ANALYSIS
15.1. Demand Side Analysis
15.2. Supply Side Analysis
16 VALUE CHAIN ANALYSIS
17 COMPETITIVE SCENARIO
17.1. COMPETITIVE LANDSCAPE
17.1.1. Company Shares, By Revenue
18 COMPANY PROFILED
18.1. Denso Corporation
18.2. ZF Friedrichshafen
18.3. Curtiss-Wright Corporation
18.4. TRW Automotive
18.5. Continental AG
18.6. Hitachi Automotive Systems, Ltd.
18.7. Nissan Motor Corporation
18.8. Robert Bosch GmbH
18.9. Ficosa Corporation
18.10. Kongsberg Automotive
19 DISCLAIMER
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