Global Drive by Wire Market Size study, by Application by Vehicle Type by Component and Regional Forecasts 2022-2032

Description

List of Tables

Global Drive by Wire Market is valued approximately USD 21.21 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.21% over the forecast period 2024-2032. Drive by wire systems or X by wire systems, include the electronic substitution of multiple electronic systems for conventional mechanical connections. These systems regulate the acceleration, braking, steering, and other operations of a car. These operations are usually controlled by mechanical or hydraulic parts in conventional vehicles. But with time, the wear and tear that these mechanical parts are subject to will cause them to lose some of their efficiency. Drive by wire technology has been developed by several key companies to tackle these issues. With the shift towards electric and hybrid vehicles, drive by wire systems are becoming more prevalent. Electric vehicles (EVs) require sophisticated electronic controls for power management, regenerative braking, and other functions, making drive by wire technology essential. Thus, these trends further help in growth of the Global Drive by Wire Market during the forecast period 2024-2032.

Advancements in automotive technology are significantly driving the demand for the Global Drive by Wire Market. The continuous evolution of automotive technology, propelled by factors such as electrification, connectivity, and automation, has transformed the way vehicles are designed, operated, and perceived by consumers. The rise of electric vehicles (EVs) necessitates sophisticated drive by wire systems to manage power delivery, regenerative braking, and other critical functions. For instance, in February 2024, REE Automotive Ltd. announced that it has begun customer deliveries of its x-by-wire P7-C electric chassis cab. Drive by wire technology plays a pivotal role in enhancing the efficiency, performance, and safety of EVs, driving demand for these systems. Moreover, the increasing integration of advanced driver assistance systems (ADAS) and autonomous driving features relies heavily on drive by wire technology. As automotive technology continues to advance, with ongoing innovation in electronic control systems, sensors, and actuators, the demand for the Global Drive by Wire Market is expected to increase further. However, establishing facilities for producing second-generation biofuels requires significant capital investment and high conversion efficiency from lignocellulosic biomass to biofuels remains a technical challenge that can stifle market growth between 2022 and 2032.

The key regions considered for the Global Drive by Wire Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the dominating regional market in terms of revenue and expected to grow at the fastest rate over the forecast period 2024-2032. The Asia Pacific region is a hub for automotive manufacturing, with many global automakers establishing production facilities in countries such as China and India. The increasing production of vehicles in the region fuels the demand for Global Drive by Wire Market. Furthermore, the region's rapid economic development, particularly in countries such as China, India, Japan, and South Korea, has led to increased consumer purchasing power and demand for automobiles. Thus, automakers are incorporating advanced technologies like drive by wire systems to cater to the growing market.

Major market player included in this report are:

Robert Bosch GmbH
Nissan Motor Co., Ltd.
Hitachi Astemo, Ltd.
Denso Corporation
Curtiss-Wright Corporation
Kongsberg Automotive
Ficosa Corporation SA
Continental AG
ZF Friedrichshafen AG
Nexteer Automotive

The detailed segments and sub-segment of the market are explained below:

By Application

Throttle by Wire
Shift by Wire
Brake by Wire
Park by Wire
Steer by Wire

By Vehicle Type

Passenger Car
Commercial Vehicle
Electric Vehicle
Off-highway Vehicles

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

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Drive by Wire Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Drive by Wire Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Application
- 2.3.2. By Vehicle Type
- 2.3.3. By Component
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Drive by Wire Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Drive by Wire Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Drive by Wire Market Size & Forecasts by Application 2022-2032

5.1. Throttle by Wire
5.2. Shift by Wire
5.3. Brake by Wire
5.4. Park by Wire
5.5. Steer by Wire

Chapter 6. Global Drive by Wire Market Size & Forecasts by Vehicle Type 2022-2032

6.1. Passenger Car
6.2. Commercial Vehicle
6.3. Electric Vehicle
6.4. Off-highway Vehicles

Chapter 7. Global Drive by Wire Market Size & Forecasts by Component 2022-2032

7.1. Actuator
7.2. Electronic Control Unit (ECU)
7.3. Engine Control Module (ECM)
7.4. Electronic Throttle Control Module (ETCM)
7.5. Electronic Transmission Control Unit (ETCU)
7.6. Feedback Motor
7.7. Parking Pawl
7.8. Sensors
7.9. Others

Chapter 8. Global Drive by Wire Market Size & Forecasts by Region 2022-2032

8.1. North America Drive by Wire Market
- 8.1.1. U.S. Drive by Wire Market
  - 8.1.1.1. Application breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Vehicle Type breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Component breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Drive by Wire Market
8.2. Europe Drive by Wire Market
- 8.2.1. U.K. Drive by Wire Market
- 8.2.2. Germany Drive by Wire Market
- 8.2.3. France Drive by Wire Market
- 8.2.4. Spain Drive by Wire Market
- 8.2.5. Italy Drive by Wire Market
- 8.2.6. Rest of Europe Drive by Wire Market
8.3. Asia-Pacific Drive by Wire Market
- 8.3.1. China Drive by Wire Market
- 8.3.2. India Drive by Wire Market
- 8.3.3. Japan Drive by Wire Market
- 8.3.4. Australia Drive by Wire Market
- 8.3.5. South Korea Drive by Wire Market
- 8.3.6. Rest of Asia Pacific Drive by Wire Market
8.4. Latin America Drive by Wire Market
- 8.4.1. Brazil Drive by Wire Market
- 8.4.2. Mexico Drive by Wire Market
- 8.4.3. Rest of Latin America Drive by Wire Market
8.5. Middle East & Africa Drive by Wire Market
- 8.5.1. Saudi Arabia Drive by Wire Market
- 8.5.2. South Africa Drive by Wire Market
- 8.5.3. Rest of Middle East & Africa Drive by Wire Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Robert Bosch GmbH
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Nissan Motor Co., Ltd.
- 9.3.3. Hitachi Astemo, Ltd.
- 9.3.4. Denso Corporation
- 9.3.5. Curtiss-Wright Corporation
- 9.3.6. Kongsberg Automotive
- 9.3.7. Ficosa Corporation SA
- 9.3.8. Continental AG
- 9.3.9. ZF Friedrichshafen AG
- 9.3.10. Nexteer Automotive

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Drive by Wire market, report scope
TABLE 2. Global Drive by Wire market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Drive by Wire market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 4. Global Drive by Wire market estimates & forecasts by Vehicle Type 2022-2032 (USD Billion)
TABLE 5. Global Drive by Wire market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 6. Global Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Drive by Wire market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Drive by Wire market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Drive by Wire market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Drive by Wire market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Drive by Wire market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. UK Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. France Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41. China Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44. India Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global Drive by Wire Market.
TABLE 79. List of primary sources, used in the study of Global Drive by Wire Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Drive by Wire market, research methodology
FIG 2. Global Drive by Wire market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Drive by Wire market, key trends 2023
FIG 5. Global Drive by Wire market, growth prospects 2022-2032
FIG 6. Global Drive by Wire market, porters 5 force model
FIG 7. Global Drive by Wire market, pestel analysis
FIG 8. Global Drive by Wire market, value chain analysis
FIG 9. Global Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Drive by Wire market, regional snapshot 2022 & 2032
FIG 15. North America Drive by Wire market 2022 & 2032 (USD Billion)
FIG 16. Europe Drive by Wire market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Drive by Wire market 2022 & 2032 (USD Billion)
FIG 18. Latin America Drive by Wire market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Drive by Wire market 2022 & 2032 (USD Billion)
FIG 20. Global Drive by Wire market, company market share analysis (2023)