Drive-By-Wire Market Report (2024 - 2030) - Size and Share Analysis, Industry Trends, and Growth Forecasts

Description

Market Highlights

The drive-by-wire market was valued at USD 22.0 billion in 2023, and it will rise to USD 33.9 billion, powering at a 6.6% compound annual growth rate, by 2030.

The progress and testing of autonomous automobiles are rising, which highlights the rising significance of drive-by-wire systems in allowing accurate control and seamless incorporation with different sensors & control algorithms.

With the rising worries of air pollution and the consequences it has on the environment and human health, governments across the globe are employing new emission rules and making the present ones stricter.

Because of the existence of such rules, manufacturers are being obliged to utilize lightweight materials in automobiles to enhance their fuel effectiveness.

This calls for drive-by-wire controls, therefore, the industry will advance with the rising strictness of emission rules.

The automotive sector has observed a technological transformation with the arrival of hybrid e-vehicles.

The adoption of such automobiles has been driven by the tax advantages available on their purchase as well as the increasing environmental consciousness.

As the traditional systems that are employed to power the engine add to the necessity for fuel, the utilization of an electric motor in the start-stop system can largely decrease the load on the engine, therefore resulting in fuel efficiency.

The rising electrification of vehicles is a key trend being observed in this industry.

Key Insights

APAC was the largest contributor to the industry in 2023, with a 45% share.

This is ascribed to the rising disposable salary of its middle-class populace and the cost benefits experienced by OEMs because of the accessibility of raw materials and cheap labor in this region.

The rising acceptance of luxury and premium automobiles and the existence of strict emission rules in this region will further boost regional industry expansion.

North America is likely to advance at the fastest compound annual growth rate, of 9%, in the years to come.

The growth is mainly because of the increasing acceptance of autonomous vehicles by the U.S. military, consumers, and businesses.

The passenger car category accounted for the largest share of the industry in 2023, of 70%. This can be mainly because of the rising production of luxury and mid-size automobiles.

The electronic throttle control category was the largest contributor to the industry in 2023, with a 25% share.

This can be mainly because of the prevalent feature of it in the drive-by-wire systems because it offers many types of benefits from the conventional mechanical throttle system.

The steer-by-wire category will advance at the fastest compound annual growth rate, of 9%, in the years to come.

This is primarily because this system requires less maintenance because it is constituted of a unified electronic control unit, control area network bus interface, and embedded software.

The brake-by-wire category was the largest contributor to the industry in 2023, with a 45% share. The brake-by-wire system's emphasis on electronic control of braking systems.

Players in the drive-by-wire industry are actively engaging in product development to boost their presence in the industry.

Product Code: 12209

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by vehicle type
- 1.4.2. Market size breakdown, by sensor type
- 1.4.3. Market size breakdown, by component
- 1.4.4. Market size breakdown, by application
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Vehicle Type (2017-2030)
6.3. Market Revenue, by Sensor Type (2017-2030)
6.4. Market Revenue, by Component (2017-2030)
6.5. Market Revenue, by Application (2017-2030)
6.6. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Vehicle Type (2017-2030)
7.3. Market Revenue, by Sensor Type (2017-2030)
7.4. Market Revenue, by Component (2017-2030)
7.5. Market Revenue, by Application (2017-2030)
7.6. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Vehicle Type (2017-2030)
8.3. Market Revenue, by Sensor Type (2017-2030)
8.4. Market Revenue, by Component (2017-2030)
8.5. Market Revenue, by Application (2017-2030)
8.6. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Vehicle Type (2017-2030)
9.3. Market Revenue, by Sensor Type (2017-2030)
9.4. Market Revenue, by Component (2017-2030)
9.5. Market Revenue, by Application (2017-2030)
9.6. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Vehicle Type (2017-2030)
10.3. Market Revenue, by Sensor Type (2017-2030)
10.4. Market Revenue, by Component (2017-2030)
10.5. Market Revenue, by Application (2017-2030)
10.6. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Vehicle Type (2017-2030)
11.3. Market Revenue, by Sensor Type (2017-2030)
11.4. Market Revenue, by Component (2017-2030)
11.5. Market Revenue, by Application (2017-2030)
11.6. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Vehicle Type (2017-2030)
12.3. Market Revenue, by Sensor Type (2017-2030)
12.4. Market Revenue, by Component (2017-2030)
12.5. Market Revenue, by Application (2017-2030)
12.6. Market Revenue, by End User (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Vehicle Type (2017-2030)
13.3. Market Revenue, by Sensor Type (2017-2030)
13.4. Market Revenue, by Component (2017-2030)
13.5. Market Revenue, by Application (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Vehicle Type (2017-2030)
14.3. Market Revenue, by Sensor Type (2017-2030)
14.4. Market Revenue, by Component (2017-2030)
14.5. Market Revenue, by Application (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Vehicle Type (2017-2030)
15.3. Market Revenue, by Sensor Type (2017-2030)
15.4. Market Revenue, by Component (2017-2030)
15.5. Market Revenue, by Application (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Vehicle Type (2017-2030)
16.3. Market Revenue, by Sensor Type (2017-2030)
16.4. Market Revenue, by Component (2017-2030)
16.5. Market Revenue, by Application (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Vehicle Type (2017-2030)
17.3. Market Revenue, by Sensor Type (2017-2030)
17.4. Market Revenue, by Component (2017-2030)
17.5. Market Revenue, by Application (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Vehicle Type (2017-2030)
18.3. Market Revenue, by Sensor Type (2017-2030)
18.4. Market Revenue, by Component (2017-2030)
18.5. Market Revenue, by Application (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Vehicle Type (2017-2030)
19.3. Market Revenue, by Sensor Type (2017-2030)
19.4. Market Revenue, by Component (2017-2030)
19.5. Market Revenue, by Application (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Vehicle Type (2017-2030)
20.3. Market Revenue, by Sensor Type (2017-2030)
20.4. Market Revenue, by Component (2017-2030)
20.5. Market Revenue, by Application (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Vehicle Type (2017-2030)
21.3. Market Revenue, by Sensor Type (2017-2030)
21.4. Market Revenue, by Component (2017-2030)
21.5. Market Revenue, by Application (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Vehicle Type (2017-2030)
22.3. Market Revenue, by Sensor Type (2017-2030)
22.4. Market Revenue, by Component (2017-2030)
22.5. Market Revenue, by Application (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Vehicle Type (2017-2030)
23.3. Market Revenue, by Sensor Type (2017-2030)
23.4. Market Revenue, by Component (2017-2030)
23.5. Market Revenue, by Application (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Vehicle Type (2017-2030)
24.3. Market Revenue, by Sensor Type (2017-2030)
24.4. Market Revenue, by Component (2017-2030)
24.5. Market Revenue, by Application (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Vehicle Type (2017-2030)
25.3. Market Revenue, by Sensor Type (2017-2030)
25.4. Market Revenue, by Component (2017-2030)
25.5. Market Revenue, by Application (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Vehicle Type (2017-2030)
26.3. Market Revenue, by Sensor Type (2017-2030)
26.4. Market Revenue, by Component (2017-2030)
26.5. Market Revenue, by Application (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Vehicle Type (2017-2030)
27.3. Market Revenue, by Sensor Type (2017-2030)
27.4. Market Revenue, by Component (2017-2030)
27.5. Market Revenue, by Application (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Vehicle Type (2017-2030)
28.3. Market Revenue, by Sensor Type (2017-2030)
28.4. Market Revenue, by Component (2017-2030)
28.5. Market Revenue, by Application (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. Robert Bosch GmbH
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Denso Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Continental AG
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. ZF Friedrichshafen AG
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. CTS Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Ficosa International S.A.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Kongsberg Automotive
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Nexteer Automotive
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. Hitachi Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Nissan Motor Corporation
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Infineon Technologies AG
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports