Industry

Drive By Wire Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage:by Application (Brake-By-Wire, Park-By-Wire, Shift-By-Wire, Steer-By-Wire, Throttle-By-Wire); Sensor Type (Brake Pedal Sensor, Hand Wheel Angle Sensor, Gear Shift Position Sensor, Pinion Angle Sensor, Park Sensor, Throttle Pedal Sensor, Throttle Position Sensor); Component (Actuator, Electronic Control Unit (Ecu), Engine Control Module (Ecm), Electronic Throttle Control Module (Etcm), Electronic Transmission Control Unit (Etcu), Feedback Motor, Parking Pawl); On-Highway Vehicle (Passenger Car, Light Commercial Vehicle (Lcv), Truck, Bus); Electric and Hybrid Vehicle Type (Battery Electric Vehicle (Bev), Hybrid Electric Vehicle (Hev), Plug-In Hybrid Electric Vehicle (Phev)); Autonomous Vehicle (Brake By Wire, Park-By-Wire, Shift-By-Wire, Steer-By-Wire, Throttle-By-Wire) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00004130

No. of Pages : 150
Published Month : Apr 2024
Category : Electronics and Semiconductor

The Drive By Wire Market is expected to register a CAGR of 10.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented By Wire (Shift By Wire, Brake By Wire, Park By Wire, Steer By Wire), Vehicle Type (Passenger car, Commercial vehicle, Electric vehicle, Off-highway vehicles), Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Drive By Wire Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Drive By Wire Market Segmentation

Wire

  • Shift By Wire
  • Brake By Wire
  • Park By Wire
  • Steer By Wire

Vehicle Type

  • Passenger car
  • Commercial vehicle
  • Electric vehicle
  • Off-highway vehicles

Component

  • Actuator
  • Electronic Control Unit
  • Engine Control Module
  • Electronic Throttle Control Module
  • Electronic Transmission Control Unit
  • Feedback Motor
  • Parking Pawl
  • Sensors

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Drive By Wire Market Growth Drivers

  • Vehicle Electrification:ive-by-wire usage is accelerated by the growing trend toward electric automobiles. By doing away with mechanical connections, these technologies enable improved integration with electric powertrains while lowering vehicle weight and complexity. In EVs, the technology facilitates enhanced vehicle performance and sophisticated energy management.
  • Autonomous Vehicle Development: Sophisticated drive-by-wire systems are required due to the growing emphasis on self-driving technologies. Because they enable interaction with cutting-edge driver assistance systems and offer precise control over steering, braking, and acceleration, these electronic control systems are crucial for autonomous vehicle operation.

Drive By Wire Market Future Trends

  • Redundancy and Fail-Safe Systems: Increasing focus on creating reliable fail-safe procedures and backup systems. To guarantee dependability and adhere to strict safety standards, manufacturers are incorporating numerous levels of redundancy and sophisticated fault detection in drive-by-wire systems.
  • Potential for Vehicle Customization and New Vehicle Designs: Drive-by-wire systems enable greater freedom in vehicle design and interior layout, providing opportunities for greater customization and innovation. With the absence of traditional mechanical components, automotive manufacturers can design vehicles with more flexible and ergonomic layouts, as well as offer advanced driver-centric features such as adjustable steering positions or more intuitive control interfaces. Additionally, these systems make it easier to implement futuristic concepts, such as steer-by-wire, brake-by-wire, and throttle-by-wire, allowing for more personalized and adaptive user experiences.

Drive By Wire Market Opportunities

  • Commercial Vehicle Automation:There are substantial market opportunities due to the growing possibility for automating trucks and buses. Drive-by-wire technologies improve fleet efficiency and safety while lowering operating costs by enabling platooning, remote operation, and autonomous features in commercial vehicles.
  • Safety System Integration: New application areas are made possible by the growing demand for sophisticated safety measures. Drive-by-wire technology opens up possibilities for creative safety-focused solutions by enabling improved stability control, collision avoidance, and adaptive driving modes.

Drive By Wire Market Regional Insights

The regional trends and factors influencing the Drive By Wire Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Drive By Wire Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Drive By Wire Market

Drive By Wire Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 10.2%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Wire
  • Shift By Wire
  • Brake By Wire
  • Park By Wire
  • Steer By Wire
By Vehicle Type
  • Passenger car
  • Commercial vehicle
  • Electric vehicle
  • Off-highway vehicles
By Component
  • Actuator
  • Electronic Control Unit
  • Engine Control Module
  • Electronic Throttle Control Module
  • Electronic Transmission Control Unit
  • Feedback Motor
  • Parking Pawl
  • Sensors
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Bosch Limited
  • Curtiss-Wright Corporation
  • Delphi Technologies
  • DENSO CORPORATION
  • Ficosa Internacional SA
  • Hitachi Automotive Systems, Ltd
  • Infineon Technologies AG
  • Kongsberg Group
  • ME MOBIL ELEKTRONIK GMBH

  • Drive By Wire Market Players Density: Understanding Its Impact on Business Dynamics

    The Drive By Wire Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Drive By Wire Market are:

    1. Bosch Limited
    2. Curtiss-Wright Corporation
    3. Delphi Technologies
    4. DENSO CORPORATION
    5. Ficosa Internacional SA

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Drive By Wire Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Drive By Wire Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Drive By Wire Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1. Bosch Limited
    2. Curtiss-Wright Corporation
    3. Delphi Technologies
    4. DENSO CORPORATION
    5. Ficosa Internacional SA
    6. Hitachi Automotive Systems, Ltd
    7. Infineon Technologies AG
    8. Kongsberg Group
    9. ME MOBIL ELEKTRONIK GMBH
    10. ZF Friedrichshafen AG
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    Frequently Asked Questions

    What are the options available for the customization of this report?

    Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility

    What are the deliverable formats of the market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request

    What are the future trends of the current sensors market?

    Redundancy and fail-safe systems to play a significant role in the global current sensors market in the coming years

    What are the driving factors impacting the global current sensors market?

    Vehicle electrification and autonomous vehicle development growth are the major factors driving the current sensors market

    What is the expected CAGR of the current sensors market

    The Drive By Wire Market is estimated to witness a CAGR of 10.2% from 2023 to 2031