MARKET INTRODUCTION
A steer-by-wire system is designed and developed to eliminate the physical contact between the wheels and the steering wheel of the vehicle by utilizing electrically controlled motors for changing the direction of the wheels and also for providing feedback to the driver. In the present scenario, the automakers are focusing on manufacturing vehicles by using various electronic systems for enhancing the performance of the vehicles. As steer-by-wire system is easily modifiable, different drivers can be able to adjust the system to accommodate their styles and which in turn will enhance handling.
MARKET DYNAMICS
The key factors that are contributing to the growth of the automotive steer-by-wire market are the implementation of stringent emission norms, raised concerns about in-vehicle safety, need for advanced driver assistance systems, and development and integration of advanced vehicle technologies. Moreover, the increase in vehicle automation is anticipated to boost the market growth in the coming years.
MARKET SCOPE
The "Global Automotive Steer-by-Wire Market Analysis to 2031" is a specialized and in-depth study of the automotive steer-by-wire industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive steer-by-wire market with detailed market segmentation by component, propulsion, vehicle type, and geography. The global automotive steer-by-wire market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive steer-by-wire market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive steer-by-wire market is segmented on the basis of component, propulsion, and vehicle type. Based on component, the market is segmented as feedback motor, angular sensor, and steering actuator. Further, based on propulsion, the automotive steer-by-wire market is divided into ICE and electric vehicle. Furthermore, on basis of vehicle type, automotive steer-by-wire market is segmented as passenger car, LCV, and HCV.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive steer-by-wire market based on various segments. it also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive steer-by-wire market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive steer-by-wire market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the automotive steer-by-wire market for each region.
MARKET PLAYERS
The reports cover key developments in the automotive steer-by-wire market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive steer-by-wire market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive steer-by-wire in the global market. Below mentioned is the list of few companies engaged in the automotive steer-by-wire market.
The report also includes the profiles of key automotive steer-by-wire companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- Eaton Corporation
- Ficosa International S.A.
- JTEKT Corporation
- Kongsberg Gruppen
- KYB Corporation
- LORD Corporation
- Nexteer Automotive
- Robert Bosch GmbH
- Thyssenkrupp AG
- ZF Friedrichshafen AG
Automotive Steer-by-Wire Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | XX% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
- Boat Sails Market
- Heavy Commercial Vehicle Air Brake Systems Market
- Heavy Commercial Vehicle Clutch Market
- Electric Vehicle Heat Pump Systems Market
- Event Logistics Market
- Industrial Vehicles Market
- Motorsport Transmission Market
- Automotive Telematics Market
- Third Party Logistics Market
- Low Speed Electric Vehicle Market
Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
Yukihiko Adachi CEO, Deep Blue, LLC.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Strategic Planning
- Investment Justification
- Identifying Emerging Markets
- Enhancing Marketing Strategies
- Boosting Operational Efficiency
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.















1. Eaton Corporation2. Ficosa International S.A.3. JTEKT Corporation4. Kongsberg Gruppen5. KYB Corporation6. LORD Corporation7. Nexteer Automotive8. Robert Bosch GmbH9. Thyssenkrupp AG10. ZF Friedrichshafen AG


