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Steer by Wire is a technology that replaces the traditional mechanical steering system in a vehicle with an electronic system. It is part of the larger Telematics and Vehicle Electronics market, which includes a range of technologies that enable the communication, navigation, and control of vehicles. Steer by Wire systems are designed to improve the safety, comfort, and performance of vehicles, as well as reduce the cost of production.
The Steer by Wire market is expected to grow in the coming years, driven by the increasing demand for advanced driver assistance systems and autonomous vehicles. The technology is also being adopted in commercial vehicles, such as buses and trucks, to improve the efficiency of fleet management.
Some of the major companies in the Steer by Wire market include Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, Delphi Automotive PLC, and Denso Corporation. Show Less Read more