Driving by Wire Market Size, Competitive Landscape, Strategies, Trends & Factor Analysis, 2028

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The Global Drive by Wire market was valued at USD 23.95 Billion in 2020 and is projected to grow at a CAGR of 8.7% from 2020 to 2028.

The latest market research report published by Report and Data focuses on the global Driving by Wire market and provides key information on the market, including market dynamics such as market size, revenue growth rate, industry statistics, regional market revenue shares, gross profits, production distribution costs, and product portfolios. The global Driving by Wire market report highlights other important factors influencing market revenue growth, such as drivers, opportunities, trends, restraints, challenges, demand supply ratios, production and consumption patterns, stringent regulatory frameworks, and a number of micro-economic and macro-economic factors. The authors of the report have provided quantitative and qualitative assessments of the Driving by Wire industry. These assessments include deep-dive insights into the highly competitive scenario of the industry. Two of the most vital components of this report are SWOT analysis and Porter’s Five Forces Analysis.

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Table of Contents:

  • Market Overview
  • Research Methodologies
  • Overall Economic Impact on the Driving by Wire Industry
  • Production and Revenue Share Analysis, by Region
  • Supply, Consumption, Export, and Import Ratio Analysis, by Region
  • Market Competition, by Manufacturer
  • Production, Revenue (Value), Price Trend, by Type and Application
  • Marketing Strategy Analysis, Distributors/Traders
  • Market Effect Factors Analysis
  • Industrial Chain, Sourcing Strategy and Downstream Buyers
  • Manufacturing Cost Analysis

The automotive industry involves the manufacture, marketing, and sales distribution of passenger and commercial vehicles, including electric cars and vehicles, mini vans, sports utility vehicles (SUVs), RVs (recreational vehicles), light trucks, pickup trucks, off-road vehicles, motorcycles, scooters, and bicycles.

The global automotive industry revenue growth is majorly driven by factors such as rapidly increasing global population, rise in production and sales of automobiles worldwide, growing demand for specialized automotive aftermarket products and services, rapid digitization in the automotive sector, and rapid integration of next-generation technologies such as AI, machine learning, IoT (Internet of Things), Big Data, and robotics in automotive systems. Rising concerns about environmental pollution around the world, growing demand for electric vehicles and autonomous/self-driving cars, rapid development of the electric vehicle charging infrastructure, and rising trend of industrial automation are some of the other key factors expected to drive the global automotive industry revenue growth over the forecast period.

Application (Revenue, USD Million; 2018–2028)

  • Brake by wire
  • Park by wire
  • Shift by wire
  • Steer by wire
  • Throttle by wire

Sensor type (Revenue, USD Million; 2018–2028)

  • Brake pedal sensor
  • Hand wheel angle sensor
  • Gear shift position sensor
  • Pinion angle sensor
  • Park sensor
  • Throttle Pedal sensor
  • Throttle position sensor

Component (Revenue, USD Million; 2018–2028)

  • Actuator
  • Electronic Control Unit (ECU)
  • Engine Control Module (ECM)
  • Electronic Throttle Control module
  • Electronic Transmission Control Unit
  • Feedback Motor
  • Parking Pawl

Vehicle (Revenue, USD Million; 2018–2028)

  • Passenger Vehicle
    • Mid-sized car
    • Sedan
    • Minivan
    • Convertible
    • Crossover
    • Hatchback
    • Others
  • Light Commercial Vehicle (LCV)
    • Compact
    • Utility Vehicle
    • Supermini
    • Light Truck
    • Others
  • Heavy Commercial Vehicle (HCV)
    • Mobile Truck
    • Limo
    • Recreational Vehicle
    • Towing Truck
    • Fire Trucks
    • Others

Propulsion (Revenue, USD Million; 2018–2028)

  • Electric
    • Battery Electric Vehicle
    • Fuel Cell Electric Vehicle
    • Hybrid Electric Vehicle
    • Plug-in Hybrid Electric Vehicle
  • Petrol
  • Diesel

 Regional Market Segmentation

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading companies operating in market:

Robert Bosch Gmbh (Germany), Nexteer (U.S.), Continental AG (Germany), ZF (Germany), CTS (U.S.), Ficosa (Spain), Kongsberg (Switzerland), Hitachi Automotive (Japan), Curtiss-wright (U.S.), and Infeneon (Germany).

Frequently Asked Questions:

  • What is the estimated revenue CAGR of the global Driving by Wire market over the forecast period?
  • What are the key factors driving the global market revenue growth?
  • Which regional market is expected to lead in terms of revenue share in the global Driving by Wire market over the forecast years?
  • Which are the leading manufacturers and suppliers in the global Driving by Wire market?
  • What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?

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