Global Drive By Wire Market by Type (Acceleration By Wire, Brake By Wire, Steering By Wire, Shift By Wire, Park By Wire), By Application (Commercial Vehicle, Passenger Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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
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.
Braking by wire
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
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-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.
Commercial 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.
Passenger vehicle
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.
Growth factors
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 Scope
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 |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
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.
Global Drive By Wire Market Report Segments:
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:
- Bosch
- Peugeot
- Audi
- Danaher Motion
- Nissan
- TORC Robotics
- RLP Engineering
- TRW
- SKF
- Mobil Elektronik
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.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Drive By Wire Market
Overview of the regional outlook of the Drive By Wire Market:
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.
Highlights of The Drive By Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Drive By Wire Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Acceleration By Wire
2. Brake By Wire
3. Steering By Wire
4. Shift By Wire
5. Park By Wire
7. By Application:1. Commercial Vehicle
2. Passenger Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Drive By Wire Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drive By Wire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drive By Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drive By Wire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drive By Wire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drive By Wire Market Size & Forecast, 2018-2028
4.5.1 Drive By Wire Market Size and Y-o-Y Growth
4.5.2 Drive By Wire Market Absolute $ Opportunity
Chapter 5 Global Drive By Wire Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drive By Wire Market Size Forecast by Type
5.2.1 Acceleration By Wire
5.2.2 Brake By Wire
5.2.3 Steering By Wire
5.2.4 Shift By Wire
5.2.5 Park By Wire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drive By Wire Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drive By Wire Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drive By Wire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drive By Wire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drive By Wire Analysis and Forecast
9.1 Introduction
9.2 North America Drive By Wire Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drive By Wire Market Size Forecast by Type
9.6.1 Acceleration By Wire
9.6.2 Brake By Wire
9.6.3 Steering By Wire
9.6.4 Shift By Wire
9.6.5 Park By Wire
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drive By Wire Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drive By Wire Analysis and Forecast
10.1 Introduction
10.2 Europe Drive By Wire Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drive By Wire Market Size Forecast by Type
10.6.1 Acceleration By Wire
10.6.2 Brake By Wire
10.6.3 Steering By Wire
10.6.4 Shift By Wire
10.6.5 Park By Wire
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drive By Wire Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drive By Wire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drive By Wire Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drive By Wire Market Size Forecast by Type
11.6.1 Acceleration By Wire
11.6.2 Brake By Wire
11.6.3 Steering By Wire
11.6.4 Shift By Wire
11.6.5 Park By Wire
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drive By Wire Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drive By Wire Analysis and Forecast
12.1 Introduction
12.2 Latin America Drive By Wire Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drive By Wire Market Size Forecast by Type
12.6.1 Acceleration By Wire
12.6.2 Brake By Wire
12.6.3 Steering By Wire
12.6.4 Shift By Wire
12.6.5 Park By Wire
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drive By Wire Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drive By Wire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drive By Wire Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drive By Wire Market Size Forecast by Type
13.6.1 Acceleration By Wire
13.6.2 Brake By Wire
13.6.3 Steering By Wire
13.6.4 Shift By Wire
13.6.5 Park By Wire
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drive By Wire Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drive By Wire Market: Competitive Dashboard
14.2 Global Drive By Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Peugeot
14.3.3 Audi
14.3.4 Danaher Motion
14.3.5 Nissan
14.3.6 TORC Robotics
14.3.7 RLP Engineering
14.3.8 TRW
14.3.9 SKF
14.3.10 Mobil Elektronik