Drive by Wire Market

Drive by Wire Market by Application (Brake, Park, Shift, Steer, Throttle), Sensor (Brake Pedal, Throttle Position, Park, Gearshift, Handwheel, Pinion), Vehicle (On & Off-Highway, BEV, PHEV, FCEV, Autonomous), Component & Region - Global Forecast to 2027

Report Code: AT 6667 Nov, 2022, by marketsandmarkets.com

[250 Pages Report] The automotive drive-by-wire market is estimated to grow from USD 20.6 billion in 2022 to reach USD 27.9 billion by 2027 at a CAGR of 6.2% during the forecast period. The market growth is seen mainly due to the developments in autonomous vehicles and increasing demand for luxury vehicles. Stringent emission and safety standards are also boosting the demand for drive-by-wire systems globally.

Drive by Wire Market

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Automotive Drive-by-wire Market Dynamics

Driver: Increasing Investment in Drive by System by major OEMs and system Manufacturers.

Many key players in the drive-by-wire industry are investing heavily in the R&D of brake-by-wire systems. For instance, in 2018, Brembo's brake-by-wire system, in its latest evolution, reduced the response time, surpassing the old standard of 300–500 milliseconds to 100 milliseconds. Additionally, to cater to the growing demand for lightweight vehicles, manufacturers are now reducing the overall weight of the vehicles to improve fuel economy and are using drive-by-wire technologies such as throttle-by-wire and steer-by-wire as technical solutions.

Restraint: High cost and semiconductor chip shortages may affect automotive drive-by-wire supply chains

The associated high cost is the major factor restraining the drive-by-wire market growth. As per the US Department of Transportation, the incremental cost for drive-by-wire is approximately USD 1,000-2,000 per system. This poses a restraint over the system's market, as it increases the overall cost of the vehicle. Also, in 2021, the automotive industry lost more than USD 200 billion due to the global microchip shortage.. Major global automakers such as Ford suspended operations at some of their plants to focus on truck assembly, where the profit margins are much better. Companies that need semiconductors are already reconsidering their long-term procurement strategies due to sustained semiconductor chip shortages. Major carmakers have already announced significant rollbacks in their production, lowering expected revenue for the fiscal year 2021 by billions of dollars.

Opportunity: Increasing adoption of EVs and Autonomous vehicle

The global automotive industry has witnessed a transformation over the last decade with digital communication technologies. Connected, autonomous, and semi-autonomous vehicles are more like a future package of new automotive technologies. These breakthrough technologies are transforming the traditional structure of the automotive industry by bringing in a new business model and changing the nature of the automotive industry. These connected and autonomous vehicles require many electrical connections and terminals. Also, as per the upcoming industry trends, autonomous vehicles are expected to be based on the electric driveline.

Challenges: Electronic Failure and Data hacking

The electric vehicle signifies the introduction of advanced technologies along with electric components. Several risks are associated with this technology, such as thermal runaway of battery bank and fire, which need to be cautiously assessed. Also, the sensors in these systems generate a lot of data stored by the OEMs. How this data is stored and used is subject to many government regulations to prevent data theft.

Automotive Drive-By-Wire Market Ecosystem

Drive by Wire Market Size, and Share

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BEV drive-by-wire market is estimated to be the largest market during the forecast period

Global BEV sales increased significantly in recent years and shown a good recovery from the impact of the COVID-19 pandemic. The growth is mainly attributed to the expansion of BEV models to new segments in most regions, continued purchase incentives, and stringent emission standards. According to primary respondents and secondary research, BEVs are expected to witness a greater penetration of advanced automotive solutions, such as drive-by-wire systems, compared to PHEVs and HEVs. The drive-by-wire technology allows the brake, accelerator pedal, and other drivetrain components to be decoupled mechanically from the car's body. Considering these developments in autonomous driving and steer-by-wire technology, the market for BEV drive-by-wire is expected to grow.

The throttle-by-wire market is estimated to be the largest market during the forecast period

Throttle-by-wire systems are expected to have the largest market share in the drive-by-wire market for application. The throttle-by-wire market has the largest penetrations among the passenger and commercial segment vehicles. The throttle-by-wire systems can be easily integrated with other electronic sub-systems and hence are easy to integrate. These systems allow fuel efficiency and respond better to driver input than mechanical systems. Also, they require a fraction of space compared to mechanical systems, along with a simpler design. These reasons will contribute to the growth of throttle-by-wire systems.

Asia Pacific is likely to be the largest market during the forecast period

Asia Pacific has emerged as a hub for automotive production in recent years. There is an increasing demand for feature-rich, efficient, and highly safety-compliant vehicles. Also, this region is seeing an increasing demand for premium and luxury vehicles. All this positive growth in the automotive sector of this region has attracted OEMs to invest and manufacture vehicles with advanced features. OEMs such as Daimler, Volvo, BMW, Volkswagen, and Scania have manufacturing units and vital manufacturing and research partnerships in these countries, especially in India and China. Passenger car manufacturing inside the Asia Pacific accounts for 59% of the worldwide production of passenger vehicles. With the increasing disposable income, China has emerged as a key market for premium automobiles. . Thus, considering the above factors, it is quite evident that the drive-by-wire market is expected to grow significantly in the coming years.

Drive by Wire Market Size, and Share

Key Market Players

The key players in the automotive drive-by-wire market are Bosch (Germany), Continental (Germany), Infineon Technologies (Germany), ZF (Germany), Nexteer Automotive (US). The key strategies adopted by major companies to sustain their position in the market are expansions, contracts and agreements, and partnerships.

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Scope of the Report

Report Metrics

Details

Base year for estimation 2021
Forecast period 2027
Value (USD Bn) 27.9
Market Growth and Revenue forecast 6.2%
Top Players Bosch (Germany), Continental (Germany), ZF (Germany), Infineon Technologies (Germany), Nexteer Automotive (US)
Fastest Growing Market Asia-Pacific
Largest Market Asia Pacific
Segments covered By application, By sensor type, By Component, By on-highway vehicle type, By off-highway vehicle type, By electric vehicle type, Autonomous vehicles by application, Electric vehicle drive by wire market by sensor type (throttle pedal, sensor, throttle position sensor, pinion angle sensor, hand wheel angle sensor, gear position sensor, park sensor, and brake pedal sensor), By Region (Asia Pacific, Europe, North America, and Row
By application throttle-by-wire,steer-by-wire,shift-by-wire, brake-by-wire, and park-by-wire
By sensor type throttle pedal sensor, throttle position sensor, pinion angle sensor, hand wheel angle sensor, gear shift position sensor, park sensor, and brake pedal sensor
By component ECU-Electronic Control Unit, ECM-Engine Control Module, actuator, feedback motor, parking pawl, ETCM-Electronic Throttle Control Module, and ETCU, Electronic Transmission Control Unit
By on-highway vehicle type Passenger cars, light commercial vehicles, buses, and trucks
By off-highway vehicle type Construction & mining equipment, agriculture tractors, and forklift
By electric vehicle type BEV, PHEV, and FCEV
Autonomous vehicles by application Throttle-by-wire, steer-by-wire, shift-by-wire, brake-bywire, and park-by-wire
Electric vehicle drive by wire market by sensor type Throttle pedals, sensor, throttle position sensor, pinion angle sensor, hand wheel angle sensor, gear position sensor, park sensor, and brake pedal sensor
By Region Asia Pacific, Europe, North America, and RoW

This research report categorizes the given market, based drive by wire market by application, component, sensor type, on-highway vehicle type, off-highway vehicle type, electric & hybrid vehicle type, region and autonomous vehicle drive by wire market by application.

Based on the drive by wire market by application, the market has been segmented as follows:
  • Throttle-by-wire
  • Shift-by-wire
  • Steer-by-wire
  • Park-by-wire
  • Brake-by-wire
Based on the drive by wire market by component, the market has been segmented as follows:
  • Electronic Control Unit
  • Engine Control Module
  • Actuator
  • Feedback Motor
  • Parking Pawl
  • Electronic Throttle Control Module
  • Electronic Transmission Control Unit
Based on the drive by wire market by sensor type, the market has been segmented as follows:
  • Throttle pedal sensor
  • Throttle position sensor
  • Pinion Angle Sensor
  • Hand wheel angle sensor
  • Gear shift position sensor
  • Park sensor
  • Brake Pedal Sensor
Based on the drive by wire market by on-highway vehicle type, the market has been segmented as follows:
  • PC
  • LCV
  • Trucks
  • Buses
Based on drive by wire market by off-highway vehicle type, the market has been segmented as follows:
  • Agricultural Tractors
  • Construction & Mining Equipment
  • Forklift
Based on drive by wire market by electric & hybrid vehicle type, the market has been segmented as follows:
  • BEV
  • PHEV
  • FCEV
Based on the electric vehicle drive by wire market by sensor type, the market has been segmented as follows:
  • Throttle pedal sensor
  • Throttle position sensor
  • Pinion Angle Sensor
  • Hand wheel angle sensor
  • Gear shift position sensor
  • Park sensor
  • Brake Pedal Sensor
Based on autonomous vehicle drive by wire market by application, the market has been segmented as follows:
  • Throttle-by-wire
  • Shift-by-wire
  • Steer-by-wire
  • Park-by-wire
  • Brake-by-wire
Based on drive by wire market by region, the market has been segmented as follows:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Rest of Asia Pacific
  • Europe
    • France
    • Germany
    • Italy
    • Russia
    • Spain
    • Turkey
    • UK
    • Rest of Europe
  • North America
    • US
    • Canada
    • Mexico
  • Rest of the World
    • Brazil
    • Argentina
    • Argentina
    • Iran
    • Rest of RoW

Recent Developments

  • In 2021, Continental further developed its electro-hydraulic brake system MK C1. MK C2 offers higher availability and performance, is a more compact and lighter system that is easier to integrate into smaller vehicle models and complete vehicle platforms with diverse powertrain concepts and varying installation spaces. The vehicle-specific system application has also been simplified.
  • In 2020, Continental AG and Nexteer Automotive, and CNXMotion entered into a partnership to develop Brake-to-Steer (BtS) technology and Steer-by-Wire (SbW). In May 2022, CNXMotion announced that it has developed two new software functions that it says provide backup safety layers for all variants of Electric Power Steering (EPS) and Steer-by-Wire (SbW) systems and across all SAE levels of driving automation (levels 1 – 5).
  • In March 2020, ZF launched an industry-first Front Electric Park Brake, extending the range of Electric Park Brake (EPB) systems to a wider range of vehicles. With this solution, car manufacturers can now equip smaller vehicles with an advanced braking system and design their interiors without the classic handbrake lever or park brake pedal.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKET COVERED
           1.3.2 YEARS CONSIDERED FOR STUDY
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY
    2.1 RESEARCH DATA
    2.2 SECONDARY DATA
           2.2.1 KEY SECONDARY SOURCES
           2.2.2 KEY DATA FROM SECONDARY SOURCES
    2.3 PRIMARY DATA
           2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
           2.3.2 PRIMARY PARTICIPANTS
    2.4 MARKET ESTIMATION
           2.4.1 BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
    2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.6 FACTOR ANALYSIS
    2.7 ASSUMPTIONS
    2.8 LIMITATIONS

3 EXECUTIVE SUMMARY
    3.1 REPORT SUMMARY 

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW
    5.1 INTRODUCTION
    5.2 YEARS CONSIDERED
    5.3 MARKET DYNAMICS
           5.3.1 DRIVERS
           5.3.2 RESTRAINTS
           5.3.3 OPPORTUNITIES
           5.3.4 CHALLENGES
    5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
    5.6 DRIVE BY WIRE MARKET SCENARIO
           5.6.1 HIGHLY LIKELY SCENARIO
           5.6.2 LESS LIKELY SCENARIO
           5.6.3 MOST LIKELY SCENARIO
    5.7 PATENT ANALYSIS
    5.8 SUPPLY CHAIN ANALYSIS
    5.9 CUSTOMER BUYING CRITERIA
    5.10 CASE STUDY ANALYSIS
    5.11 TECHNOLOGICAL ANALYSIS
    5.12 MARKET ECOSYSTEM
    5.13 AVERAGE SELLING PRICE ANALYSIS 
    5.14 PORTER’S FIVE FORCES
           5.14.1 INTENSITY OF COMPETITIVE RIVALRY
           5.14.2 THREAT OF NEW ENTRANTS
           5.14.3 THREAT OF SUBSTITUTES
           5.14.4 BARGAINING POWER OF SUPPLIERS
           5.14.5 BARGAINING POWER OF BUYERS
    5.15 REGULATORY LANDSCAPE
    5.16       REGULATORY BODIES, GOVERNMENT AGENCIES & OTHER ORGANIZATIONS
    5.17 KEY CONFERENCES & EVENTS IN 2022-2023

6 DRIVE BY WIRE MARKET, BY APPLICATION
    6.1 INTRODUCTION
           6.1.1 RESEARCH METHODOLOGY
           6.1.2 ASSUMPTIONS/LIMITATIONS
           6.1.3 INDUSTRY INSIGHTS
    6.2 BRAKE BY WIRE
    6.3 PARK BY WIRE
    6.4 SHIFT BY WIRE
    6.5 STEER BY WIRE
    6.6 THROTTLE BY WIRE

The Chapter is further segmented at Regional Level in terms of volume & value, and considered Regions are Asia Pacific, Europe, North America, and RoW

7 DRIVE BY WIRE MARKET, BY SENSOR TYPE
    7.1 INTRODUCTION
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS/LIMITATIONS
           7.1.3 INDUSTRY INSIGHTS
    7.2 BRAKE PEDAL SENSOR
    7.3 HAND WHEEL ANGLE SENSOR
    7.4 GEAR SHIFT POSITION SENSOR
    7.5 PINION ANGLE SENSOR
    7.6 PARK SENSOR
    7.7 THROTTLE PEDAL SENSOR
    7.8 THROTTLE POSITION SENSOR

The Chapter is further segmented at Regional Level in terms of volume & value, and the considered regions are Asia Pacific, Europe, North America, and RoW

8 DRIVE BY WIRE MARKET, BY COMPONENT
    8.1 INTRODUCTION
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 ASSUMPTIONS/LIMITATIONS
           8.1.3 INDUSTRY INSIGHTS
    8.2  ACTUATOR
    8.3 ELECTRONIC CONTROL UNIT (ECU)
    8.4 ENGINE CONTROL MODULE (ECM)
    8.5 ELECTRONIC THROTTLE CONTROL MODULE (ETCM
    8.6  ELECTRONIC TRANSMISSION CONTROL UNIT (ETCU
    8.7 FEEDBACK MOTOR
    8.8 PARKING PAWL

The Chapter is further Segmented at Regional Level in terms of volume & value and Considered Regions are Asia Pacific, Europe, North America, and RoW

9 DRIVE BY WIRE MARKET, BY ON-HIGHWAY VEHICLE
    9.1 INTRODUCTION
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS/LIMITATIONS
           9.1.3 INDUSTRY INSIGHTS
    9.2 PASSENGER CAR
    9.3 LIGHT COMMERCIAL VEHICLE (LCV)
    9.4 TRUCK
    9.5 BUS

The Chapter is further segmented at the Regional Level in terms of volume & value, and considered Regions are Asia Pacific, Europe, North America, and RoW

10 DRIVE BY WIRE MARKET MARKET, BY EV AND HYBRID VEHICLE TYPE
     10.1 INTRODUCTION
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 ASSUMPTIONS/LIMITATIONS
             10.1.3 INDUSTRY INSIGHTS
     10.2 BATTERY ELECTRIC VEHICLE (BEV)
     10.3 HYBRID/PLUG-IN HYBRID ELECTRIC ELECTRIC VEHICLE (HEV/PHEV)
     10.4  FUEL CELL ELECTRIC VEHICLE (FCEV)

The Chapter is further Segmented at Regional Level in terms of volume & value and Considered Regions are Asia Pacific, Europe, North America, and RoW

11 DRIVE BY WIRE MARKET, BY OFF-HIGHWAY VEHICLE TYPE
     11.1 INTRODUCTION
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 ASSUMPTIONS/LIMITATIONS
             11.1.3 INDUSTRY INSIGHTS
     11.2 AGRICULTURAL TRACTORS
     11.3 CONSTRUCTION AND MINING EQUIPMENTS
     11.4 FORKLIFT

The Chapter is further segmented at the Regional Level in terms of volume & value, and the considered Regions are Asia Pacific, Europe, North America, and RoW

12 AUTONOMOUS VEHICLE MARKET, BY TECHNOLOGY
     12.1 INTRODUCTION
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS/LIMITATIONS
             12.1.3 INDUSTRY INSIGHTS
     12.2 BRAKE BY WIRE
     12.3 PARK BY WIRE
     12.4 SHIFT BY WIRE
     12.5 STEER BY WIRE
     12.6 THROTTLE BY WIRE

The Chapter is further segmented at the Regional Level in terms of volume & value, and the sonsidered Regions are Asia Pacific, Europe, North America, and RoW

13 EV DRIVE BY WIRE MARKET, BY SENSOR TYPE
     13.1 INTRODUCTION
             13.1.1 RESEARCH METHODOLOGY
             13.1.2 ASSUMPTIONS/LIMITATIONS
             13.1.3 INDUSTRY INSIGHTS
     13.2 BRAKE PEDAL SENSOR
     13.3 HAND WHEEL ANGLE SENSOR
     13.4 GEAR POSITION SENSOR
     13.5 PINION ANGLE SENSOR
     13.6 PARK SENSOR
     13.7 THROTTLE PEDAL SENSOR
     13.8 THROTTLE POSITION SENSOR

The Chapter is further segmented at the Regional Level in terms of volume & value, and the considered Regions are Asia Pacific, Europe, North America, and RoW

14 DRIVE BY WIRE MARKET, BY REGION
Note: The Chapter is Further Segmented by End-User and country level. The Chapter will be provided in units and USD million
     14.1 INTRODUCTION
             14.1.1 RESEARCH METHODOLOGY
             14.1.2 ASSUMPTIONS/LIMITATIONS
             14.1.3 INDUSTRY INSIGHTS
     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 SPAIN
             14.3.4 ITALY
             14.3.5 UK
             14.3.6 RUSSIA
             14.3.7 TURKEY
             14.3.8 REST OF EUROPE
     14.4 NORTH AMERICA
             14.4.1 US
             14.4.2 CANADA
             14.4.3 MEXICO
     14.5 ROW
             14.5.1 BRAZIL
             14.5.2 SOUTH AFRICA
             14.5.3 REST OF ROW

15 COMPETITIVE LANDSCAPE
     15.1 OVERVIEW
     15.2 DRIVE BY WIRE - MARKET SHARE ANALYSIS, 2021
     15.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
     15.4 COMPETITIVE EVALUATION QUADRANT: DRIVE BY WIRE MANUFACTURERS
             15.4.1 STARS
             15.4.2 EMERGING LEADERS
             15.4.3 PERVASIVE PLAYERS
             15.4.4 PARTICIPANTS
     15.5 DRIVE BY WIRE MARKET: COMPANY PRODUCT FOOTPRINT, 2021
     15.6 DRIVE BY WIRE MARKET: COMPANY APPLICATION FOOTPRINT, 2021
     15.7 DRIVE BY WIRE MARKET: COMPETITIVE BENCHMARKING
     15.8 COMPETITIVE SCENARIO
             15.8.1 NEW PRODUCT LAUNCHES
             15.8.2 DEALS
             15.8.3 EXPANSIONS

16 COMPANY PROFILES
Note – Each company profile will include Business Overview, Products Offered, Financial information, Recent Developments, & MnM View(for top 5 players)
Profiles of ‘Additional players’ cover Business Overview, Products Offered, and Company’s Regional Presence
     16.1             ROBERT BOSCH GMBH
     16.2             CONTINENTAL AG
     16.3 ZF FRIEDRICHSHAFEN AG
     16.4 INFINEON TECHNOLOGIES AG
     16.5             NEXTEER AUTOMOTIVE
     16.6             CTS CORPORATION
     16.7 FICOSA INTERNACIONAL SA
     16.7             KONGSBERG AUTOMOTIVE
     16.9 HITACHI AUTOMOTIVE
     16.10 CURTISS-WRIGHT CORPORATION
     16.11 ADDITIONAL COMPANIES
               16.11.1 ORSCHELN
               16.11.2 KSR INTERNATIONAL
               16.11.3 LORD CORPORATION
               16.11.4 DURA AUTOMOTIVE SYSTEMS
               16.11.5 AB SKF
               16.11.4 APTIV PLC
               16.11.5 MOBIL ELECTRONIK GMBH
               16.11.6 THYSSENKRUPP AG
               16.11.7 DENSO CORPORATION
               16.11.8 NISSAN CORPORATION
               16.11.9 JTEKT CORPORATION
     16.12 DRIVE BY WIRE COMPONENT SUPPLIERS
               16.12.1 SNT MOTIV CO., LTD.
               16.12.2 LEM EUROPE GMBH
               16.12.3 ALLIED MOTION, INC.
               16.12.4 SCHAEFFLER TECHNOLOGIES AG & CO. KG
               16.12.5 NTN CORPORATION
               16.12.6 IMMERSION CORPORATION
               16.12.7 SORL AUTO PARTS, INC.

Note: These are the tentative list of companies and may change during the study.

17 RECOMMENDATIONS BY MARKETSANDMARKETS 

18 APPENDIX
     18.1 CURRENCY & PRICING
     18.2 KEY INSIGHTS OF INDUSTRY EXPERTS
     18.3 DISCUSSION GUIDE
     18.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     18.5 AVAILABLE CUSTOMIZATIONS
     18.6 RELATED REPORTS
     18.7 AUTHOR DETAILS
     18.8 ADDITIONAL CUSTOMIZATIONS

The study involved four major activities in estimating the current size of the drive by wire market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The bottom-up and top-down approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

The secondary sources referred to for this research study include publications from government sources [such as country-level automotive associations and organizations, Organisation for Economic Co-operation and Development (OECD), World Bank, CDC, and Eurostat]; corporate and regulatory filings (such as annual reports, SEC filings, investor presentations, and financial statements); business magazines and research journals; press releases; free and paid automotive databases [Organisation Internationale des Constructeurs d'Automobiles (OICA), MarkLines, etc.] and trade, business, and professional associations; among others. Trade websites and technical articles have been used to identify and collect information useful for an extensive commercial study of the drive by wire market.

Primary Research

In the primary research process, various primary sources from both the supply side and demand side and other stakeholders were interviewed to obtain qualitative and quantitative information on the market. Primary interviews have been conducted to gather insights such as drive by wire penetration demand by application, sensor, component, and highest potential region for the drive by wire market. The primary sources from the supply side included various industry experts, such as CXOs, vice presidents, directors from business development, marketing, product development/innovation teams, vehicle architecture experts and related key executives from various key companies. Below is the breakdown of primary respondents:

Drive by Wire Market Size, and Share

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Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the size of the drive by wire market. In these approaches, the production statistics for passenger cars, LCVs, trucks, and buses in a country and production statistics of BEVs, PHEVs, FCEVs, and autonomous vehicles at the regional level were considered to estimate the aggregate market of various drive by wire segments. The research methodology used to estimate the market size includes the following:

  • Key players in the drive by wire market were identified through secondary research, and their global market shares were determined through primary and secondary research.
  • The research methodology included the study of the annual and quarterly financial reports & regulatory filings of major market players as well as interviews with industry experts for detailed market insights.
  • All application-level penetration rates, percentage shares, splits, and breakdowns for the drive by wire market was determined by using secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of the market segments and sub-segments have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative & qualitative data.
  • The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.

Bottom-UP Approach

In the bottom-up approach, vehicle production of each vehicle type at the country level was considered. Penetration of each drive by wire application was derived through model mapping for each vehicle type. The country-level production by vehicle type was then multiplied by the penetration for each application to determine the market size of the drive by wire market in terms of volume. The country-level market size, in terms of volume, by application, was then multiplied by the country-level average OE Price (AOP) of each drive by wire application to determine the market size in terms of value for each vehicle type. Summation of the country-level market size for each vehicle type by application, volume, and value, would give the regional-level market size. Further, the summation of the regional markets provided the drive by wire market size. The market size for vehicle type was derived from the global market.

Drive By Wire Market (On-Highway Vehicle, Application, and Region): Bottom-Up Approach

Drive by Wire Market Size, and Share

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Top-Down Approach

The top-down approach was used to estimate and validate the market size of the drive by wire, by sensor type, by value. To derive the market size for sensor type (‘000 units), the global drive by wire market (‘000 units) is multiplied by the average number of sensors employed in each drive by application. Drive by wire sensor market, by volume, is further multiplied with the average selling price of respective sensors, giving the drive by wire market, by value. The global market was further segmented at the regional level. A similar approach was used for deriving the market size of the component segment in terms of value.

Drive by Wire Market Size, and Share

Data Triangulation

After arriving at the overall market size of the global market through the above-mentioned methodology, this market was split into several segments and sub-segments. The data triangulation and market breakdown procedure were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact market value data for the key segments and sub-segments. The extrapolated market data was triangulated by studying various macro indicators and regional trends from both the demand- and supply-side participants.

Report Objectives

  • To Define, Describe, And Forecast The Drive By Wire Market In Terms Of Volume (’000 Units) And Value (USD Million)
  • To Define, Describe, And Forecast The Global Drive By Wire Market Based On Application, Sensor Type, Component, On-Highway Vehicle, Electric & Hybrid Vehicle, Autonomous Vehicle Application, Off-Highway Vehicle, And Region
    • To Forecast The Market Size Of The Drive By Wire Market, By Application, At The Component Level (Throttle-By-Wire, Steer-By-Wire, Shift-By-Wire, Brake-By-Wire, And Park-By-Wire)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To Sensor Type (Throttle Pedal Sensor, Throttle Position Sensor, Pinion Angle Sensor, Hand Wheel Angle Sensor, Gear Shift Position Sensor, Park Sensor, And Brake Pedal Sensor)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To Component (ECU—Electronic Control Unit, ECM—Engine Control Module, Actuator, Feedback Motor, Parking Pawl, ETCM—Electronic Throttle Control Module, And ETCU—Electronic Transmission Control Unit)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To On-Highway Vehicles (Passenger Cars, Light Commercial Vehicles, Buses, And Trucks)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To Off-Highway Vehicles (Construction & Mining Equipment, Agriculture Tractors, And Forklift)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To Electric & Hybrid Vehicles (BEV, HEV/PHEV, And FCEV)
    • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To Autonomous Vehicles In Terms Of Application (Throttle-By-Wire, Steer-By-Wire, Shift-By-Wire, Brake-By-Wire, And Park-By-Wire)
  • To Forecast The Drive By Wire Market, In Terms Of Volume And Value, With Respect To 4 Key Regions—Asia Pacific, Europe, North America, And Row
  • To Analyze The Impact Of COVID-19 On The Drive By Wire Market (Pre-COVID Vs. Post-COVID)
  • To Provide Detailed Information About Major Factors Influencing The Growth Of The Market (Drivers, Restraints, Opportunities, And Industry-Specific Challenges)
  • To Strategically Analyze The Market With Respect To Individual Growth Trends And Prospects And Determine The Contribution Of Each Segment To The Total Market
  • To Analyze The Opportunities In The Market For Stakeholders And Provide Details Of The Competitive Landscape For Market Leaders
  • To Strategically Profile Key Players And Comprehensively Analyze Their Market Shares And Core Competencies
  • To Analyze The Important Drive By Wire Component Suppliers In The Market And Provide Details Of The Company Profiles
  • To Track And Analyze Competitive Developments Such As Joint Ventures, Mergers & Acquisitions, New Product Developments, And R&D In The Drive By Wire Market

Customization Options

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Drive by wire market, by sensor type

  • Throttle pedal sensor
  • Throttle position sensor
  • Pinion Angle Sensor
  • Hand wheel angle sensor
  • Gear shift position sensor
  • Park sensor
  • Brake Pedal Sensor

Drive by wire market, by component type

  • Throttle pedal sensor
  • ECU-Electronic Control Unit
  • ECM-Engine Control Module
  • Actuator
  • Feedback motor
  • Parking pawl
  • ETCM-Electronic Throttle Control Module
  • ETCU, Electronic Transmission Control Unit
Report Code
AT 6667
Published ON
Nov, 2022
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