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Global Drive-by-Wire Market Size, Share & Trends Analysis Report, By Vehicle Type (Passenger car, Commercial Vehicle, Electric vehicle, Off-highway Vehicles), By Application (Throttle by wire, Shift by wire, Brake by wire, Park by wire, Steer by wire), By Distribution Channel (Direct Sales & Distributor), By Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors & others) and By Region, And Segment Forecasts, Till – 2030


Report ID : IR10022 | Industries : Automotive and Transportation | Published On :January 2024 | Page Count : 248

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  • Global Drive-by-Wire Market Size, Share & Trends Analysis Report, By Vehicle Type (Passenger car, Commercial Vehicle, Electric vehicle, Off-highway Vehicles), By Application (Throttle by wire, Shift by wire, Brake by wire, Park by wire, Steer by wire), By Distribution Channel (Direct Sales & Distributor), By Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors & others) and By Region, And Segment Forecasts, Till – 2030
     

    Market Overview
    According to Intellistic  Research, the global Drive-by-Wire market estimated at USD 14.57 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. Key players in the Drive-by-Wire market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Drive-by-Wire market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.

    Drive-by-Wire MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS
    Performance of vehicles is improved through technological improvements Will Drives the Market
    The increasing incidence of independent cars, the growing emphasis on car electrification, and the developing need for stylish protection capabilities are the marketplace drivers for the worldwide pressure-by using-wire marketplace. Increased efficiency and electronically controlled drivetrains are required because to strict pollution restrictions. The performance of vehicles is improved through technological improvements like pressure-by means of-wire systems, which additionally make it feasible for other electronic systems to be seamlessly integrated. Since power-via-twine era is consistent with the electrification fashion, the automotive industry's flow towards electric and hybrid vehicles also increases call for it. The drive-by-wire market is growing globally as a result of these factors combined.
    Strict safety regulations and certifications will restraint the market growth
    The Global Drive-by-Wire Market may face regulatory obstacles due to the need for strict safety regulations and certifications. Some market participants may find it difficult to enter due to the intricate integration procedures and expensive initial implementation expenses. Reliability problems and feasible cyber security dangers are examples of technological constraints that might prevent extensive adoption. Furthermore, due to the enterprise's reliance on state-of-the-art digital structures, deliver chain interruptions and component shortages are a possibility. Together, these issues limit the drive-by-wire market's potential and obstruct its quick growth in the face of several obstacles and uncertainties.
    How are Segments Performing in the Global Drive-by-Wire Market?

    Drive-by-Wire Vehicle Type Segment Breakdown
    According to Intellistic Research, the Drive-by-Wire market by vehicle type is segmented into Passenger car, Commercial Vehicle, Electric vehicle, Off-highway Vehicles.

    Drive-by-Wire Application Segment Breakdown
    According to Intellistic Research, based on Application, the market is bifurcated into Throttle by wire, Shift by wire, Brake by wire, Park by wire, Steer by wire.

    Drive-by-Wire Distribution Channel Segment Breakdown
    According to Intellistic Research, based on Distribution Channel the market is segmented into Direct Sales & Distributor. 

    Drive-by-Wire Component Segment Breakdown
    According to Intellistic Research, based on Component the market is segmented into Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors & others. 

    Drive-by-Wire Geographic Exploration
    According to Intellistic Research, the Europe region is predicted to dominate the market, by the European economies, aiming for an energy transition into a clean hydrogen-based economy over the coming years. Other regions competing in the market are North America, Europe, Middle East and Africa and Latin America respectively. 

    Noticeable Players Functioning in The Global Drive-by-Wire Market Include:
    • Continental AG (Germany)
    • Robert Bosch GmbH (Germany)
    • Denso Corporation (Japan)
    • ZF Friedrichshafen AG (Germany)
    • TRW Automotive Holdings Corp. (United States)
    • JTEKT Systems Inc. (Japan)
    • Magna International Inc. (Canada)
    • Aisin Seiki Co., Ltd. (Japan)
    • NXP Semiconductors N.V. (Netherlands)
    • Infineon Technologies AG (Germany)
    • Analog Devices, Inc. (United States)
    • Texas Instruments Inc. (United States)
    • Renesas Electronics Corporation (Japan)
    • Valeo S.A. (France)
    • Hyundai Mobis (South Korea)

    KEY BREAKDOWN: Drive-by-Wire Market
    By Vehicle Type
    • Passenger car
    • Commercial Vehicle
    • Electric vehicle
    • Off-highway Vehicles

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

    By Distribution Channel
    • Direct Sales
    • Distributor

    By Component
    • Actuator
    • Electronic Control Unit (ECU)
    • Engine Control Module (ECM)
    • Electronic Throttle Control Module (ETCM)
    • Electronic Transmission Control Unit (ETCU)
    • Feedback Motor
    • Parking Pawl
    • Sensors
    • others
    Geographical Exploration:
    • North America
    o The USA
    o Canada
    o Mexico
    • Europe
    o Germany
    o France
    o UK
    o Italy
    o Spain
    o Rest of Europe
    • Asia Pacific
    o China
    o Japan
    o India
    o South Korea
    o South East Asia
    o Rest of Asia Pacific
    • Latin America
    o Brazil
    o Argentina
    o Rest of Latin America
    • Middle East and Africa
    o GCC Countries
    o South Africa
    o Rest of MEA