Drive by Wire

Drive by Wire Market Predicted to Garner a Revenue of US$ 3.82 Billion By 2030 Drive by Wire Market (By Component: Vehicle Electronic Control Unit, Actuator, Engine Control Module, Electronic Transmission Control Unit, Feedback Motor, Sensors, and Others; By Solution: Brake by Wire, Steer by Wire, Throttle by Wire, Shift by Wire, and Others) Global Forecasts, 2021 - 2030

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[150+ Pages Report] The drive by wire market size in terms of value is projected to reach $ 3.82 billion by 2030 from US$ 1.58 billion in 2020, at a CAGR of 8.9% between 2021 and 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The study provides the overall revenue of the global drive by wire market from 2017 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global drive by wire market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the drive by wire industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Growth Factors:

Implementation of stringent vehicle emission regulations by government authorities, increasing demand for comfort of automobile owners, advantages such as reduction in vehicle weight and higher fuel efficiency, reduced tail-pipe emission, and technological advancements are among major factors boosting growth of the global industry. Additionally, increasing popularity and adoption of autonomous vehicles is fueling growth of the drive-by-wire market worldwide. Moreover, rapidly increasing awareness regarding fuel conservation is having positive impact on the growth of global industry. Further, increased focus on the improvements in automobile functioning in developing regions and growing investment by major market players on research and development are other factors to boost growth of the global market during the forecast time frame.

All major vehicle manufacturers and numeroustier-1 suppliers are making considerable investments in autonomous and connected automobile technology which has led to in increased requirement for the independent vehicles in the forthcoming period. The worldwide demand for autonomous automobile is anticipated to surpass 4 million units by the year 2030. The automotive division faces an extraordinary change with respect to the extensive effects it will bear on the business and its users. This increasing mandate for independent vehicles is also expected to fuel the requirement for the drive-by-wire systems as automobiles will be completely equipped with drive-by-wire arrangement owing to the fact that such automobiles use electronic and electrical intelligence while driving.

Report Highlights:

  • Based on solution, shift-by-wire reported largest revenue in 2020. This is accredited to features such as effortless gear shift just by a push of a button. Further, advantages such as lower fuel consumption are expected to boost the growth of the segment in the near future.
  • On the basis of component, electronic transmission control unit accounted for the weighty share in the target industry. This is due to increasing demand for electronic transmission control unit in electric and hybrid vehicles.
  • Robert Bosch GmbH and Danaher Motion are major companies operating in the global drive-by-wire market.

Regional Analysis:

The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, North America dominated the global market with a market share of more than 45%. U.S. represented highest share in the North America region primarily due to well-developed automobile industry, presence of skilled professionals, and availability of latest automobile products. Moreover, growing awareness regarding fuel conservation is expected to have positive impact on the industry growth. Europe is expected to account for the second largest share in the drive-by-wire industry in terms of revenue in 2020. The growth in the European region is attributed to availability of latest automobile infrastructure, presence of leading market players, and increasing adoption of autonomous vehicles. Asia Pacific is anticipated to grow at the highest CAGR during the projected time-duration majorly due to implementation of stringent emission norms. Growth in the research and development activities is a major factor that is projected to have optimistic impact on the growth of the target industry in the Asia Pacific region.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global drive by wire market are as follows:

  • TORC Robotics Inc.
  • Mobil Elektronik GmbH
  • Danaher Motion
  • Robert Bosch GmbH
  • SKF Group
  • Audi
  • RLP Engineering
  • Peugeotm
  • Nissan
  • TRW

Market Segmentation

By Component

  • Vehicle Electronic Control Unit
  • Actuator
  • Engine Control Module
  • Electronic Transmission Control Unit
  • Feedback Motor
  • Sensors
  • Others

By Solution

  • Brake by Wire
  • Steer by Wire
  • Throttle by Wire
  • Shift by Wire
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the drive by wire market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global drive by wire market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for drive by wire are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Drive-by-Wire Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Drive-by-Wire Market

5.1. Covid-19: Drive-by-Wire Industry Impact
5.2. Drive-by-Wire Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Drive-by-Wire Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Drive-by-Wire Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Drive-by-Wire Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Implementation of stringent vehicle emission regulations by government authorities
6.1.1.2. Increasing demand for comfort of automobile owners
6.1.2. Market Restraints
6.1.2.1. High Cost
6.1.3. Market Opportunities
6.1.3.1. Adoption of autonomous vehicles
6.1.3.2. Rapidly increasing awareness regarding fuel conservation

Chapter 7. Global Drive-by-Wire Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Drive-by-Wire Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Drive-by-Wire Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Drive-by-Wire Market, By Component

8.1. Drive-by-Wire Market, by Component, 2017-2030
8.1.1. Vehicle Electronic Control Unit
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Actuator
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Engine Control Module
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Electronic Transmission Control Unit
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Feedback Motor
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Sensors
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Drive-by-Wire Market, By Solution

9.1. Drive-by-Wire Market, by Solution, 2017-2030
9.1.1. Brake by Wire
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Steer by Wire
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Throttle by Wire
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Shift by Wire
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Drive-by-Wire Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Component(2017-2030)
10.1.2. Market Revenue Forecast by Solution (2017-2030)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2017-2030)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2017-2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Component (2017-2030)
10.2.2. Market Revenue Forecast by Solution (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2017-2030)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2017-2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Component (2017-2030)
10.3.2. Market Revenue Forecast by Solution (2017-2030)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2017-2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Component (2017-2030)
10.4.2. Market Revenue Forecast by Solution (2017-2030)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2017-2030)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2017-2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Component (2017-2030)
10.5.2. Market Revenue Forecast by Solution (2017-2030)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2017-2030)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2017-2030)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2017-2030)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2017-2030)

Chapter 11. Company Profiles

11.1. TORC Robotics Inc.
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Solution
11.1.3. Revenue, Price, and Gross Margin (2017-2020)
11.1.4. Recent Developments and Strategies
11.2. Mobil Elektronik GmbH
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Solution
11.2.3. Revenue, Price, and Gross Margin (2017-2020)
11.2.4. Recent Developments and Strategies
11.3. Danaher Motion
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Solution
11.3.3. Revenue, Price, and Gross Margin (2017-2020)
11.3.4. Recent Developments and Strategies
11.4. Robert Bosch GmbH
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Solution
11.4.3. Revenue, Price, and Gross Margin (2017-2020)
11.4.4. Recent Developments and Strategies
11.5. SKF Group
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Solution
11.5.3. Revenue, Price, and Gross Margin (2017-2020)
11.5.4. Recent Developments and Strategies
11.6. Audi
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Solution
11.6.3. Revenue, Price, and Gross Margin (2017-2020)
11.6.4. Recent Developments and Strategies
11.7. RLP Engineering
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Solution
11.7.3. Revenue, Price, and Gross Margin (2017-2020)
11.7.4. Recent Developments and Strategies
11.8. Peugeotm
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Solution
11.8.3. Revenue, Price, and Gross Margin (2017-2020)
11.8.4. Recent Developments and Strategies
11.9. Nissan
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Solution
11.9.3. Revenue, Price, and Gross Margin (2017-2020)
11.9.4. Recent Developments and Strategies
11.10. TRW
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Solution
11.10.3. Revenue, Price, and Gross Margin (2017-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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