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The automotive steer-by-wire system market is forecasted to grow by USD 182.8 million during 2024-2029, accelerating at a CAGR of 8.1% during the forecast period. The report on the automotive steer-by-wire system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits of sbw system, electrification of vehicles, and emergence of autonomous vehicles.
The automotive steer-by-wire system market is segmented as below:
By Technology
- Backup mechanical
- Pure electronic
By Vehicle Type
- ICE
- Electric vehicle
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the automotive steer-by-wire system market covers the following areas:
- Automotive Steer-By-Wire System Market sizing
- Automotive Steer-By-Wire System Market forecast
- Automotive Steer-By-Wire System Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by Vehicle Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive steer-by-wire system market: AB SKF, Autoliv Inc., Danfoss AS, Eaton Corp plc, GKN Automotive Ltd., Hitachi Ltd., Hyundai Motor Co., Infineon Technologies AG, JTEKT Corp., Knorr Bremse AG, KYB Corp., Nexteer Automotive corp, Nissan Motor Co. Ltd., NSK Ltd., PARAVAN GmbH, Parker Hannifin Corp., Robert Bosch GmbH, Schaeffler AG, thyssenkrupp AG, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing implementation of advanced steering systems in vehicles."
According to the report, one of the major drivers for this market is the benefits of sbw system.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB SKF
- Autoliv Inc.
- Danfoss AS
- Eaton Corp plc
- GKN Automotive Ltd.
- Hitachi Ltd.
- Hyundai Motor Co.
- Infineon Technologies AG
- JTEKT Corp.
- Knorr Bremse AG
- KYB Corp.
- Nexteer Automotive corp
- Nissan Motor Co. Ltd.
- NSK Ltd.
- PARAVAN GmbH
- Parker Hannifin Corp.
- Robert Bosch GmbH
- Schaeffler AG
- thyssenkrupp AG
- ZF Friedrichshafen AG
