Drive by Wire Market Size
The Drive by Wire market size was valued at $19.20 billion in 2022 and is projected to reach $33.10 billion by 2028, growing at a CAGR of 9.5% during the forecast period.
Drive by Wire Market Overview
Drive-by-wire, often abbreviated as "DBW," is an advanced vehicle control system that replaces traditional mechanical linkages between the driver's input (such as the accelerator pedal, brake pedal, and steering wheel) and the corresponding vehicle functions with electronic sensors and actuators. In a drive-by-wire system, signals from the driver's inputs are transmitted electronically to the vehicle's onboard computer, which then interprets these signals and commands the appropriate actuators to perform the desired actions. For example, in a drive-by-wire throttle system, pressing the accelerator pedal sends an electronic signal to the engine control unit (ECU), which then adjusts the throttle opening electronically rather than mechanically. Similarly, drive-by-wire systems can control other functions such as braking, steering, and suspension, offering advantages such as improved responsiveness, enhanced safety features like stability control and adaptive cruise control, and the potential for integration with advanced driver assistance systems (ADAS) and autonomous driving technologies. Drive-by-wire systems have become increasingly prevalent in modern vehicles, offering greater flexibility, efficiency, and functionality compared to traditional mechanical control systems.
Drive by Wire Market Dynamics
The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Drive by Wire Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.
Drive by Wire Market Scope
The report “Global Drive by Wire Market: Industry Analysis, Opportunities and Forecast up to 2028” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2020, 2021 and offers revenue estimations for 2022, and project forecasts spanning from 2023 to 2028. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Drive by Wire Market by, Vehicle Type
· Passenger Cars
· Commercial Vehicles
· Electric Vehicles
Global Drive by Wire Market by, System Type
· Throttle-by-Wire
· Brake-by-Wire
· Shift-by-Wire
· Steer-by-Wire
Global Drive by Wire Market by, Geography
· North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.
· Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
· Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
· South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
· Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
Key Players Profiled in this Research Report include:
· ZF Friedrichshafen AG
· Precision Drive Systems (PDS)
· Nexteer Automotive
· Kongsberg Automotive
· Delphi Technologies
· Curtiss-Wright Corporation
· Continental AG
· Bosch GmbH
What can be explored with this research report?
· Understand global Drive by Wire Market analysis, trends, and forecast to 2028.
· Understand analysis of the Drive by Wire Market structure by identifying various segments and sub-segments of the market.
· Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Drive by Wire Market.
· Understand the revenue forecast of the Drive by Wire Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
· Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Drive by Wire Market growth.
· Analyzing opportunities by identification of high-growth segments/revenue pockets in the Drive by Wire Market.
· Understand major player profiles in the Drive by Wire Market and analyze their business strategies.
· Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Drive by Wire Market.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on the Drive by Wire Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Drive by Wire Market by, Vehicle Type
6.1 Overview
6.2 Passenger Cars
6.3 Commercial Vehicles
6.4 Electric Vehicles
7 Global Drive by Wire Market by, System Type
7.1 Overview
7.2 Throttle-by-Wire
7.3 Brake-by-Wire
7.4 Shift-by-Wire
7.5 Steer-by-Wire
8 Global Drive by Wire Market by, Geography
8.1 Overview
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 New Zealand
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 Qatar
8.6.4 Iran
8.6.5 South Africa
8.6.6 Rest of Middle East & Africa
9 Key Developments
10 Company Profiling
10.1 ZF Friedrichshafen AG
10.1.1 Business Overview
10.1.2 Product/Service Offering
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Activities
10.2 Precision Drive Systems (PDS)
10.3 Nexteer Automotive
10.4 Kongsberg Automotive
10.5 Delphi Technologies
10.6 Curtiss-Wright Corporation
10.7 Continental AG
10.8 Bosch GmbH
Report Details
SKU Code | : DI1694 |
Industry | : Automotive & Transportation |
Region | : Global |
Tables | : 54 |
Format | : Electronic PDF |
Published | : 2022 |
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