According to a market report by Lucintel, the future of the automotive drive-by-wire market looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive drive-by-wire market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are growing demand for autonomous and electric vehicles, increasing sales of premium and luxury vehicles, and easy integration and independence of design, which will drive technological adoption.
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Within the automotive drive-by-wire market, passenger car, light commercial vehicle, and electric vehicle are the major end use industries. Passenger car is the largest end use segment for automotive drive-by-wire market.
Asia Pacific will remain the largest region over the forecast period due to government emission regulations and higher demand for electric vehicles.
Robert Bosch, Delphi Automotive, SKF Group, Mobil Elektronik, Hitachi Automotive Systems, Continental, Denso, ZF Friedrichshafen, Curtiss-Wright, and Infineon Group are the major manufacturers of the automotive drive-by-wire.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive drive-by-wire market by component, by application, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Drive-By-Wire Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive drive-by-wire market by component, by application, by sensor, by end use, and by region as follows:
By Component [$M shipment analysis for 2013 – 2024]
Electronic control unit
Engine control module
Actuator
Feedback motor
Parking pawl
Electronic throttle control module
Electronic transmission control unit
By Application [$M shipment analysis for 2013 – 2024]
Electronic throttle control (ETC)
Brake-by-wire
Steer-by-wire
Shift-by-wire
By Sensor [$M shipment analysis for 2013 – 2024]
Throttle pedal sensor
Throttle position sensor
Pinion angle sensor
Hand wheel angle sensor
Gear shift position sensor
Park sensor
Brake pedal sensor
By End Use [$M shipment analysis for 2013 – 2024]
Passenger Car
Small cars
Compact cars
Mid-Sized cars
Luxury cars
SUVs & Crossovers
Light Commercial Vehicle
Electric vehicles
By Region [$M shipment analysis for 2013 – 2024]
North America
Europe
Germany
Russia
France
United Kingdom
Italy
Asia Pacific
Japan
India
South Korea
Indonesia
China
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-drive-by-wire-market.aspx or helpdesk@lucintel.com.