PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1510203
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1510203
US Drive by Wire Market Size study, by Application by Vehicle Type by Component Forecasts 2022-2032
US Drive by Wire Market is valued approximately USD 4.58 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.14% over the forecast period 2024-2032. Drive by wire systems replace traditional mechanical linkages, such as throttle cables, with electronic control systems. This technology allows for the electronic control of vehicle functions like throttle, braking, and steering, enhancing vehicle performance, efficiency, and safety. The US Drive by Wire Market is the segment of the automotive industry in the United States that focuses on Drive by Wire technology. The market encompasses manufacturers, suppliers, and stakeholders involved in the research, development, and implementation of drive by wire systems across various types of vehicles, including passenger cars, trucks, and commercial vehicles, in the United States. Trend such as improved safety, performance, efficiency, and connectivity in modern vehicles, will provide opportunity for the US Drive by Wire Market during the forecast period 2024-2032.
Fuel efficiency and emissions reduction are significant drivers propelling the demand for the US Drive by Wire market. With mounting concerns over environmental sustainability and stringent regulations aimed at curbing greenhouse gas emissions, automakers are increasingly turning to drive by wire technology to optimize vehicle performance. Drive by wire systems enable precise electronic control over essential vehicle functions such as throttle response and transmission shifting, allowing for more efficient power management and improved fuel economy. Furthermore, its technology facilitates the integration of advanced engine management systems and hybrid powertrains, enabling automakers to develop vehicles with lower carbon footprints. By optimizing the combustion process and minimizing energy wastage, drive by wire systems contribute to reduced fuel consumption and lower emissions of harmful pollutants such as carbon dioxide and nitrogen oxides. However, retrofitting existing vehicles or integrating drive-by-wire systems into new vehicle designs can be costly and concerns about the potential for electronic system failures, which could lead to loss of vehicle control, these factors can stifle market growth during the forecast period 2024-2032.
Major market player included in this report are:
- Curtiss-Wright Corporation
- Nexteer Automotive
- Wipro Limited
- REE Automotive, Ltd.
- Company 5
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10
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
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 Country 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
Table of Contents
Chapter 1. US 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. US Drive by Wire Market Size & Forecast (2022- 2032)
- 2.2. Segmental Summary
- 2.2.1. By Application
- 2.2.2. By Vehicle Type
- 2.2.3. By Component
- 2.3. Key Trends
- 2.4. Recession Impact
- 2.5. Analyst Recommendation & Conclusion
Chapter 3. US Drive by Wire Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. US 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. US 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. US 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. US 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. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Curtiss-Wright Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Nexteer Automotive
- 8.3.3. Wipro Limited
- 8.3.4. REE Automotive, Ltd.
- 8.3.1. Curtiss-Wright Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
LIST OF TABLES
- TABLE 1. US Drive by Wire market, report scope
- TABLE 2. US Drive by Wire market estimates & forecasts by Application 2022-2032 (USD Billion)
- TABLE 3. US Drive by Wire market estimates & forecasts by Vehicle Type 2022-2032 (USD Billion)
- TABLE 4. US Drive by Wire market estimates & forecasts by Component 2022-2032 (USD Billion)
- TABLE 5. US Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 6. US Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 7. US Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 8. US Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 9. US Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 10. U.S. Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 11. U.S. Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
- TABLE 12. U.S. Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
- TABLE 13. List of secondary sources, used in the study of US Drive by Wire Market.
- TABLE 14. List of primary sources, used in the study of US Drive by Wire Market.
- TABLE 15. Years considered for the study.
- TABLE 16. Exchange rates considered
LIST OF FIGURES
- FIG 1. US Drive by Wire market, research methodology
- FIG 2. US Drive by Wire market, market estimation techniques
- FIG 3. US market size estimates & forecast methods.
- FIG 4. US Drive by Wire market, key trends 2023
- FIG 5. US Drive by Wire market, growth prospects 2022-2032
- FIG 6. US Drive by Wire market, porters 5 force model
- FIG 7. US Drive by Wire market, pestel analysis
- FIG 8. US Drive by Wire market, value chain analysis
- FIG 9. US Drive by Wire market by segment, 2022 & 2032 (USD Billion)
- FIG 10. US Drive by Wire market by segment, 2022 & 2032 (USD Billion)
- FIG 11. US Drive by Wire market by segment, 2022 & 2032 (USD Billion)
- FIG 12. US Drive by Wire market by segment, 2022 & 2032 (USD Billion)
- FIG 13. US Drive by Wire market by segment, 2022 & 2032 (USD Billion)
- FIG 14. US Drive by Wire market, company market share analysis (2023)
