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Global Drive by Wire Market (2021-2026) by Application, Component, Sensor Type, On-Highway Vehicle Type, Off-Highway Vehicle Type, Electric & Hybrid Vehicle, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis

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  • 184 Pages
  • April 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5317143
The Global Drive by Wire Market is estimated to be 23.8 Bn and is expected to reach 31.74 Bn by 2026, growing at a CAGR of 5.9%

Market Dynamics

Key factors, such as the growing demand for electric vehicles by adopting electric circuit and related devices for efficient braking in hybrid electric and pure electric vehicles is likely to lead to a growth in the drive-by-wire market. The growing vehicular weight has been a significant cause of concern due to the increasing mechanical components and rising software deployments. With the adoption of drive by wire technology, the overall weight of the vehicles can be reduced significantly thereby indicating a positive demand for drive by wire technology. Further, the advancements in active lane control and emergency control is propelling the growth of the market.

However, the increasing costs of electronic components make the drive by wire technology costlier. Moreover, the possibilities of electronic malfunctions in sensors leading to system failures can be a hindering factor to the growth of the market.

Market Segmentation

The Global Drive by Wire Market is segmented further based on application, component, sensor type, on-highway vehicle type, off-highway vehicle type, electric and hybrid vehicle, and Geography.

By Application, the market is classified as Throttle-by-wire, Shift-by-wire, Steer-by-wire, Park-by-wire, and Brake-by-wire. Amongst all, the shift-by-wire segment is estimated to hold the highest market share during the forecast period.

By Component, the market is classified as Electronic Control Unit, Engine Control Module, Actuator, Feedback Motor, Parking Pawl, Electronic Throttle Control Module, and Electronic Transmission Control Unit. Amongst all, the Electronic Control Unit segment is estimated to hold the highest market share during the forecast period.

By Sensor Type, the market is classified as Throttle pedal sensor, Throttle position sensor, Pinion Angle Sensor, Hand wheel angle sensor, Gear shift position sensor, Park sensor, and Brake Pedal Sensor. Amongst all, the Gear shift position sensor segment holds the highest market share during the forecast period.

By On-Highway Vehicle Type, the market is classified as PC, LCV, Trucks, and Buses. Amongst all, the PC i.e the passenger cars segment is estimated to hold the highest market share during the forecast period.

By Off-Highway Vehicle Type, the market is classified as Agricultural Tractors, Construction & Mining Equipment, and Forklift. Amongst all, the agricultural tractors are estimated to hold the highest market share during the forecast period.

By Electric and Hybrid vehicles, the market is classified as BEV, PHEV, and FCEV. Amongst all, the BEV segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market during the forecast period.

Recent Developments
1. Schaeffler plans to buy the drive by wire technology for autonomous vehicles from Paravan GmbH to eliminate the need for the steering column and create potential opportunities in the areas of cab interior design - 6th August 2018
2. Nissan Motor Co Ltd has recently launched a concept car called “EA2” which is equipped with x-by-wire or commonly known as drive-by-wire technology. - 31st December 2019

Company Profiles

Some of the companies covered in this report are Robert Bosch GmbH, Continental AG, Infineon, Hitachi Automotive, ZF Friedrichshafen AG, SKF Group, Kongsberg Automotive, and Curtiss-Wright Corporation etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Drive by Wire Market.
  • The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also contains the competitive analysis using Competitive Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Drive by Wire Market

What is the estimated value of the Global Drive by Wire Market?

The Global Drive by Wire Market was estimated to be valued at $23800 Million in 2021.

What is the growth rate of the Global Drive by Wire Market?

The growth rate of the Global Drive by Wire Market is 5.9%, with an estimated value of $31740 Million by 2026.

What is the forecasted size of the Global Drive by Wire Market?

The Global Drive by Wire Market is estimated to be worth $31740 Million by 2026.

Who are the key companies in the Global Drive by Wire Market?

Key companies in the Global Drive by Wire Market include Robert Bosch Gmbh, Continental AG, ZF Friedrichshafen AG, Infineon Technologies AG, Nexteer Automotive (Pacific Century Motors), CTS Corporation, Ficosa International SA (Panasonic Corporation), Kongsberg Automotive and Curtiss.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers Growing popularity of Electric Vehicles Developments in active lane control and emergency braking Higher emphasis by manufacturers on car weight reduction
4.2.2 Restraints High cost of electric components and systems Potential electronic malfunctions in sensors
4.2.3 Opportunities Shifting focus towards development of autonomous driving technologies Stringent vehicle emission standards laid by the regulatory authorities
4.2.4 Challenges Less Awareness about internal systems issues Use of traditional hydraulic systems in vehicles
4.3 Trends
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Drive by Wire Market, By Application
6.1 Introduction
6.2 Throttle-by-wire
6.3 Shift-by-wire
6.4 Steer-by-wire
6.5 Park-by-wire
6.6 Brake-by-wire
7 Global Drive by Wire Market, By Component
7.1 Introduction
7.2 Electronic Control Unit
7.3 Engine Control Module
7.4 Actuator
7.5 Feedback Motor
7.6 Parking Pawl
7.7 Electronic Throttle Control Module
7.8 Electronic Transmission Control Unit
8 Global Drive by Wire Market, By Sensor Type
8.1 Introduction
8.2 Throttle pedal sensor
8.3 Throttle position sensor
8.4 Pinion Angle Sensor
8.5 Handwheel angle sensor
8.6 Gear shift position sensor
8.7 Park sensor
8.8 Brake Pedal Sensor
9 Global Drive by Wire Market, By On-Highway Vehicle Type
9.1 Introduction
9.2 PC
9.3 LCV
9.4 Trucks
9.5 Buses
10 Global Drive by Wire Market, By Off-Highway Vehicle Type
10.1 Introduction
10.2 Agricultural Tractors
10.3 Construction & Mining Equipment
10.4 Forklift
11 Global Drive by Wire Market, By Electric and Hybrid Vehicle
11.1 Introduction
11.2 BEV
11.3 PHEV
11.4 FCEV
12 Global Drive by Wire Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 South America
12.3.1 Brazil
12.3.2 Argentina
12.4 Europe
12.4.1 UK
12.4.2 France
12.4.3 Germany
12.4.4 Italy
12.4.5 Spain
12.4.6 Rest of Europe
12.5 Asia-Pacific
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4 Indonesia
12.5.5 Malaysia
12.5.6 South Korea
12.5.7 Australia
12.5.8 Russia
12.5.9 Rest of APAC
12.6 Rest of the World
12.6.1 Qatar
12.6.2 Saudi Arabia
12.6.3 South Africa
12.6.4 United Arab Emirates
12.6.5 Latin America
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Competitive Scenario
13.3.1 Mergers & Acquisitions
13.3.2 Agreement, Collaborations, & Partnerships
13.3.3 New Product Launches & Enhancements
13.3.4 Investments & Fundings
14 Company Profiles
14.1 Robert Bosch Gmbh
14.2 Continental AG
14.3 ZF Friedrichshafen AG
14.4 Infineon Technologies AG
14.5 Nexteer Automotive (Pacific Century Motors)
14.6 CTS Corporation
14.7 Ficosa International SA (Panasonic Corporation)
14.8 Kongsberg Automotive
14.9 Hitachi Automotive Systems, Ltd.
14.10 Curtiss-Wright Corporation
14.11 P.S.A Citroen
14.12 Nissan Motor Corporation
14.13 ME Mobil Elektronik GmbH
14.14 SKF Group
14.15 Denso Corporation
14.16 KSR International
14.17 LORD Corporation (Parker Hannifin Corporation)
14.18 Dura Automotive Systems (MiddleGround Capital)
14.19 ThyssenKrupp AG
14.21 Schaeffler
14.22 Peugeot
14.23 Danaher Motion
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Robert Bosch Gmbh
  • Continental AG
  • ZF Friedrichshafen AG
  • Infineon Technologies AG
  • Nexteer Automotive (Pacific Century Motors)
  • CTS Corporation
  • Ficosa International SA (Panasonic Corporation)
  • Kongsberg Automotive
  • Hitachi Automotive Systems, Ltd.
  • Curtiss-Wright Corporation
  • P.S.A Citroen
  • Nissan Motor Corporation
  • ME Mobil Elektronik GmbH
  • SKF Group
  • Denso Corporation
  • KSR International
  • LORD Corporation (Parker Hannifin Corporation)
  • Dura Automotive Systems (MiddleGround Capital)
  • ThyssenKrupp AG
  • Schaeffler
  • Peugeot
  • Danaher Motion