Drive By Wire Market - Global Forecast to 2025: Bosch, ZF, Nexteer, and Continental Dominate the Market

DUBLIN, Oct. 15, 2018 /PRNewswire/ --

The "Drive By Wire Market by Application (Brake, Park, Shift, Steer, Throttle), Sensor (Brake Pedal, Throttle Position & Pedal, Park, Gearshift, Handwheel, etc.), Vehicle (On-Highway, OHV, BEV/HEV/PHEV, etc.), Component & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The drive by wire market, by value, was estimated to be USD 19.12 billion in 2018 and is projected to reach USD 34.63 billion by 2025, at a CAGR of 8.86%.

The major driving factor is the increasing number of mandates by governments to control vehicle emissions and the demand for passenger comfort. The drive by wire technology helps in achieving that by reducing the weight of the vehicle, and thus, increasing fuel efficiency.

The drive by wire market has been segmented on the basis of application, sensor type, component, on-highway vehicle, off-highway vehicle, electric & hybrid vehicle, autonomous vehicle, and region.

On the basis of on-highway vehicle type, the passenger car market is the largest in terms of volume and value. This is attributed to the increasing demand for passenger cars with advanced systems in developed and developing countries. The passenger car segment is witnessing the highest sales of premium and luxury vehicles equipped with drive by wire systems offering high performance along with safety and comfort features.

Brake pedal sensor is estimated to be the fastest growing market for drive by wire market, by sensor type, during the forecast period. This sensor is placed in the brake-by-wire system that offers vehicle safety compensation for driver errors or delayed reaction times. Hence, with the increasing demand for drive by wire, the market for brake pedal sensor is expected to increase. The electronic control unit (ECU) is estimated to be the largest market for drive by wire, by component, owing to its usage in every drive by wire application and its higher cost compared to other components makes it the highest market.

In the off-highway vehicle segment, agriculture tractors are the fastest growing as incorporating an electronic system would eliminate many mechanical parts, thereby reducing the overall weight of the tractor and automatically increasing fuel efficiency. Also, these system offers better comfort, safety, and performance in these vehicles. Additionally, the increasing trend toward autonomous off-highway vehicles such as autonomous tractors and mining equipment has led to the tremendous growth of drive by wire systems in these vehicles.

The growing demand for autonomous vehicles would also fuel the demand for drive by wire systems as vehicles will be fully equipped with drive by wire systems because of the fact that these vehicles use electrical and electronic intelligence while driving. In the electric & hybrid vehicle segment, HEVs have the largest market share in terms of value. HEVs are premium vehicles in terms of their price range and features offered, and thus the high cost can be compensated by offering drive by wire systems in these vehicles.

The Asia Pacific is estimated to be the largest market for On-highway vehicles during the forecast period owing to the increase in the consumer purchasing power and their preference for better safety measures and the need for higher fuel efficiency of the vehicle. Also, as the Asian countries plan to standardize emission norms and use an increasing number of electric vehicles in the future, drive by wire systems are likely to get traction. North America and Europe are also known for having the largest market owing to the reason such as it has the largest market for passenger cars, particularly for premium cars (C segment and above). The demand for premium cars has accentuated the need for less emission and lower vehicle weight, which can be achieved with the help of drive by wire systems. With the increase in the sale of premium cars, the demand for efficient drive by wire systems is increasing so as to improve the vehicle performance and comfort, and this is further driving the drive by wire market in these regions.

The major factor restraining the growth of the drive by wire market is the high incremental cost, the risk of failure in electronics, and a lack of public acceptance.

The major players in the drive by wire market are Bosch (Germany), Continental (Germany), ZF (Germany), Infineon (Germany), Nexteer (US), CTS (US), Ficosa (Spain), Kongsberg (Switzerland), Hitachi Automotive (Japan), and Curtiss-Wright (US).

Currently, Bosch, ZF, Nexteer, and Continental are the dominant players in the drive by wire market. The extensive competition in the automotive industry has led these companies to primarily focus on innovations. Mobility is becoming increasingly advanced and automated, which requires a highly complex technology, therefore, companies must focus on innovations

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In The Drive By Wire Market
4.2 Drive By Wire Market, By Region
4.3 Drive By Wire Market, By Country
4.4 Drive By Wire Market, By Application
4.5 Drive By Wire Market, By On-Highway Vehicle
4.6 Drive By Wire Market, By Sensor Type
4.7 Drive By Wire Market, By Component
4.8 Drive By Wire Market, By Electric & Hybrid Vehicle
4.9 Drive By Wire Market, By Off-Highway Vehicle
4.10 Autonomous Vehicles Drive By Wire Market, By Application

5 Market Overview
5.1 Introduction
5.2 Drivers
5.2.1 Decreased Tail-Pipe Emission Limits Leading To Vehicle Light-Weighting Trend
5.2.1.1 On-Road Vehicles
5.2.1.2 Off-Road Vehicles
5.2.2 Increase In Demand For Premium And Luxury Vehicles
5.2.3 Easy Integration And Independence Of Design Will Drive The Technological Adoption
5.3 Restraints
5.3.1 High Cost And Limited Public Acceptance For Drive By Wire
5.4 Opportunities
5.4.1 Advancement In Autonomous Vehicles
5.4.1.1 Development In Autonomous Off-Highway Equipment
5.4.1.2 Increase In Demand For Autonomous Cars
5.4.1.3 Latent Demand For Semi-Autonomous And Autonomous Trucks
5.5 Challenges
5.5.1 Fail-Safe Electronics
5.5.2 Legal And Regulatory Framework Issues
5.5.3 Compatibility Issues With The 12 V Architecture

6 Technology Overview
6.1 Introduction
6.2 Drive By Wire: Technology Roadmap
6.3 Drive By Wire: Applications
6.3.1 Throttle-By-Wire
6.3.2 Shift-By-Wire
6.3.3 Brake-By-Wire
6.3.4 Park-By-Wire
6.3.5 Steer-By-Wire

7 Drive By Wire Market, By Application
7.1 Introduction
7.2 Brake-By-Wire
7.3 Park-By-Wire
7.4 Shift-By-Wire
7.5 Steer-By-Wire
7.6 Throttle-By-Wire

8 Drive By Wire Market, By Sensor Type
8.1 Introduction
8.2 Brake Pedal Sensor
8.3 Hand Wheel Angle Sensor
8.4 Gear Shift Position Sensor
8.5 Pinion Angle Sensor
8.6 Park Sensor
8.7 Throttle Pedal Sensor
8.8 Throttle Position Sensor

9 Drive By Wire Market, By Component
9.1 Introduction
9.2 Actuator
9.3 Electronic Control Unit (Ecu)
9.4 Engine Control Module (Ecm)
9.5 Electronic Throttle Control Module (Etcm)
9.6 Electronic Transmission Control Unit (Etcu)
9.7 Feedback Motor
9.8 Parking Pawl

10 Drive By Wire Market, By On-Highway Vehicle
10.1 Introduction
10.2 Passenger Car
10.3 Light Commercial Vehicle (Lcv)
10.4 Truck
10.5 Bus

11 Drive By Wire Market, By Electric & Hybrid Vehicle Type
11.1 Introduction
11.2 Battery Electric Vehicle (Bev)
11.3 Hybrid Electric Vehicle (Hev)
11.4 Plug-In Hybrid Electric Vehicle (Phev)

12 Drive By Wire Market, By Off-Highway Vehicle Type
12.1 Introduction
12.2 Agriculture Tractors
12.3 Construction & Mining Equipment
12.4 Forklift

13 Drive By Wire Market, By Autonomous Vehicle
13.1 Introduction
13.2 Brake By Wire
13.3 Park-By-Wire
13.4 Shift-By-Wire
13.5 Steer-By-Wire
13.6 Throttle-By-Wire
13.7 Autonomous Vehicle

14 Drive By Wire Market, By Region
14.1 Introduction
14.2 Asia Pacific
14.2.1 China
14.2.2 India
14.2.3 Japan
14.2.4 South Korea
14.2.5 Thailand
14.2.6 Rest Of Asia Pacific
14.3 Europe
14.3.1 Germany
14.3.2 France
14.3.3 Russia
14.3.4 Spain
14.3.5 Uk
14.3.6 Turkey
14.3.7 Rest Of Europe
14.4 North America
14.4.1 Canada
14.4.2 Mexico
14.4.3 Us
14.5 Rest Of The World (Row)
14.5.1 Brazil
14.5.2 Iran
14.5.3 Rest Of Row

15 Competitive Landscape
15.1 Introduction
15.2 Drive By Wire: Market Share Analysis
15.3 Competitive Situations & Trends
15.3.1 Supply Contract
15.3.2 New Product Development
15.3.3 Expansion
15.3.4 Acquisition/Partnership/Collaboration

16 Company Profiles
16.1 Bosch
16.2 Continental
16.3 Zf
16.4 Infineon
16.5 Nexteer
16.6 Cts
16.7 Ficosa
16.8 Kongsberg
16.9 Hitachi Automotive
16.10 Curtiss-Wright
16.11 Additional Company Profiles
16.11.1 North America
16.11.1.1 Orscheln
16.11.1.2 Ksr International
16.11.1.3 Lord Corporation
16.11.1.4 Dura Automotive
16.11.2.1 Skf
16.11.2.2 Delphi
16.11.2.3 Mobil Electronik
16.11.2.4 Thyssenkrupp
16.11.3 Asia Pacific
16.11.3.1 Denso
16.11.3.2 Nissan
16.11.3.3 Jtekt

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