Global Drive by Wire Market Forecast Examined in New Market Research Report

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 the automotive sector lead to the integration of computers and electronics into modern cars for advanced design and driver safety. According to the 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 the automotive sector for advancing driver safety and technological innovation in the vehicle for reducing vehicle weight is expected to promote 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. The 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 an electric vehicle is expected to fuel the market growth in the Asia Pacific.

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Note: The study base year and forecast period can be customized as per the request. Also, the table of contents is the defined scope of a published report. As per requirement, cross-sectional analysis across all industries or specific geography or ‘country-based’ analysis can be provided as a part of customization

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:

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:
Electronic Control Unit (Ecu)
Engine Control Module (Ecm)
Electronic Throttle Control Module (Etcm)
Electronic Transmission Control Unit (Etcu)
Feedback Motor
Parking Pawl

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By On-Highway Vehicle:
Passenger Car
Light Commercial Vehicle (Lcv)

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

By Autonomous Vehicle:
Brake By Wire
Autonomous Vehicle

By Regions:
North America
o U.S.
o Canada
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

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Contact Name: Varda


Ronard Completed his Master in Communication, after completing his degree he opted full-time research as his career. Ronard Main Area of Specialization is Market Research, he also contributes to Various Online Blog

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