Quick Summary:
Tapping into the pulsating growth of the Global Automotive Throttle-By-Wire-System Market, projected to reach a revised size of US$25.9 Billion by 2030, could provide your organisation with a profitable and strategic advantage. With the current market valuation standing at US$18.5 Billion in 2022, businesses equipped with a comprehensive understanding of this sector can steer their operations towards areas of untapped potential across varied geographies, emerging as a frontrunner in this highly competitive market.
Our market research report offers that strategic edge. It provides a wide-angle view of the market dynamics driving the growth of major economies such as the U.S and China, as well as the potential of rising markets like Japan, Canada, and Germany. The report also details extensive competitor analysis, featuring 47 key players, and their market shares, creating a detailed landscape of the competition you can expect. Furthermore, with features like online interactive peer-to-peer collaborative bespoke updates, access to digital archives and complimentary updates for one year, this report is a tool not to be overlooked in your strategic planning and industry insights treasure trove.
Global Automotive Throttle-By-Wire-System Market to Reach $25.9 Billion by 2030
The global market for Automotive Throttle-By-Wire-System estimated at US$18.5 Billion in the year 2022, is projected to reach a revised size of US$25.9 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.
The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 6.7% CAGR
The Automotive Throttle-By-Wire-System market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.Select Competitors (Total 47 Featured) -
- Continental AG
- Delphi Technologies
- Denso Corporation
- Hitachi Ltd.
- Magneti Marelli SpA
- SKF Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Throttle-By-Wire-System?
What is the growth rate of the Global Market for Automotive Throttle-By-Wire-System?
What is the forecasted size of the Global Market for Automotive Throttle-By-Wire-System?
Who are the key companies in the Global Market for Automotive Throttle-By-Wire-System?
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 18.5 Billion |
| Forecasted Market Value ( USD | $ 25.9 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Continental AG
- Delphi Technologies
- Denso Corporation
- Hitachi Ltd.
- Magneti Marelli SpA
- SKF Group
