The global drive-by-wire market is expected to be worth USD $1,037.2 million by 2028 from USD $901.6 million in 2017, at a CAGR of 2.8% from 2018 to 2028. The demand for this technology is fuelled by the increasing safety concerns and rising popularity of driverless cars worldwide among other factors such as the high cost of traditional transmission systems and the need for improved fuel efficiency.
Drive-by-wire is a technology used in most modern vehicles which eliminate mechanical linkage between the steering wheel and other driving controls. Drive-by-wire is a technology where the operating commands are transmitted to an actuator via electric wires, as opposed to mechanical cables. Electric motors provide power and control for steering systems in modern cars. The driver's input to these parts is transmitted electronically by means such as electromagnetism, hydraulic pressure, or electric servomotors through wires in lieu of using cables or rods.
On the basis of types, drive-by-wire is segmented into acceleration by wire, braking by wire, steering by wire, and shift-by-wire.
Acceleration by wire is a technology where the operating commands are transmitted to an actuator via electric wires, as opposed to mechanical cables. This type of drive-by-wire system, also known as on-board electronics controls (OBE), uses input from sensors such as engine speed and throttle position in order to determine how quickly or slowly the accelerator pedal should be applied. The driver's input is then translated into electronic signals that control electric motors which apply pressure onto the brakes in order to accelerate the car.
The brake by wire technology is an advanced braking system that replaces the conventional hydraulic or cable-actuated braking systems. This type of braking system offers significant advantages over traditional brakes. It provides more accurate control, improved response times, and better fuel efficiency as compared to the old techniques of applied braking force in vehicles. Brake by wire can be broadly divided into two types: anti-lock brake with electronic stability program (ABS) and traction control integrated brake light activation (TCIBL). While ABS reduces wheel lock during hard braking through computerized feedback loops on pressure distribution across each wheel, TCIBL takes care of controlling wheelspin at low speeds for smoother takeoffs from standing stops. In this technique, sensors are attached to the brake light switch and to the throttle pedal. When a driver presses on the brakes, this sensor sends an impulse to cut down on fuel supply in order for engine speed to reduce gradually; while when they release their foot off from the pedals, it automatically accelerates again.
Steering-by-wire: Steer BW helps steer the car just like a conventional steering wheel does but without any mechanical linkage between them. It has two components - sensors and actuator(s) which are controlled by signals sent either hydraulically or electrically (in case of electric power steering) from the driver. Steering by wire in the automotive industry refers to an arrangement of power-assisted steering where there are no mechanical connections between the steering wheel and other driving controls.
Shift-by-wire: Shift BW helps to change gears without any mechanical linkage between them and it has two components - sensors and actuator(s). It transmits information electronically via electromagnetic waves, hydraulic pressure signals, or solenoids connected with a gear shift lever in lieu of cables.
On the basis of application drive by wire is segmented into a commercial vehicle and a passenger vehicle.
Drive-by-wire technology is used in commercial vehicles to reduce weight and provide easy access for service. It also simplifies the design of various systems such as brakes, steering, or acceleration. This technology is increasing in commercial vehicles, and this type of vehicle is replacing the conventional ones. The benefits include better fuel efficiency due to less mechanical resistance during acceleration and braking, as well as no physical connection between the driver’s foot on the gas pedal or brake pedal and mechanical actuation that controls engine speeds or car speed.
The use of Drive By Wire (DBW) technology in passenger cars aims to reduce human involvement while driving through automating various controls including steering control, braking system, etc. For example, driverless cars will be able to maintain a safe distance from other vehicles and keep full control over steering motion along with acceleration and braking functions without any physical connection between those systems.
On the basis of region, the global drive-by-wire market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In North America, the U.S and Canada are two major drivers of the Drive-By Wire market due to their inclination towards vehicles with enhanced safety features such as drive-by-wire technology. Europe has been witnessing rapid adoption in commercial vehicle front while the Asia Pacific primarily drives the growth for passenger vehicles segment.
For Latin America, there are no significant changes observed in the automotive industry but key players like Brazil have begun observing demand from customers for cars equipped with drive-by-wire systems mainly driven through improvements in economic conditions. Larger developing economies like India and China should see growth in the coming years with a focus on automation and driverless technology.
The key factors that drive the growth of the global Drive by Wire market are government initiatives to reduce fuel consumption and increase efficiency. Furthermore, increasing road congestion has led organizations to invest in technology such as telematics or engine management systems which can help drivers navigate congested roads with ease. These developments have enabled an improvement in vehicle performance for low-emission vehicles without compromising safety standards. The introduction of electric vehicles is also a factor that drives the demand for Drive by Wire technologies due to its zero-emissions operation which reduces greenhouse gas emission levels along with noise pollution associated with traditional combustion engines.
Up Market Research published a new report titled “Drive By Wire Market research report which is segmented by Types (Acceleration By Wire, Brake By Wire, Steering By Wire, Shift By Wire, Park By Wire), By Applications (Commercial Vehicle, Passenger Vehicle), By Players/Companies Bosch, Peugeot, Audi, Danaher Motion, Nissan, TORC Robotics, RLP Engineering, TRW, SKF, Mobil Elektronik”.
|Report Attributes||Report Details|
|Report Title||Drive By Wire Market Research Report|
|By Type||Acceleration By Wire, Brake By Wire, Steering By Wire, Shift By Wire, Park By Wire|
|By Application||Commercial Vehicle, Passenger Vehicle|
|By Companies||Bosch, Peugeot, Audi, Danaher Motion, Nissan, TORC Robotics, RLP Engineering, TRW, SKF, Mobil Elektronik|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||226|
|Number of Tables & Figures||159|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Acceleration By Wire, Brake By Wire, Steering By Wire, Shift By Wire, Park By Wire and By Application Commercial Vehicle, Passenger Vehicle.
Some of the companies that are profiled in this report are:
Drive By Wire Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Drive By Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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