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Brake and Steer By Wire Market By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 206 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671279
Description Jump to:
Drive by wire system is also known as the X by wire and is semi-automatic, computer-controlled technology, which is used in vehicles. This system is used to control the vehicular systems such as handling, braking, steering, and other vehicle motor functions. In addition, electronic components such as sensors and actuators are used to control the vehicular functions and eliminate the need to use traditional mechanical linkages. The steer by wire can improve vehicle safety, enhance the vehicle maneuverability, and improve efficiency. In addition, break by wire allows to achieve efficient braking with less efforts. Thus, the brake and steer drive by wire market is anticipated to witness significant growth over the years, owing to rise in development of autonomous vehicles and development of connected infrastructure.

For the purpose of analysis, the brake and steer by wire market is segmented on the basis of application and region. By Application, the market is divided into brake by wire and steer by wire. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Prominent players operating in global brake and steer by wire market are Brembo S.p.A., Hitachi Automotive Systems, Ltd., JTEKT Corporation, Nexteer Automotive Group Limited, Robert Bosch GmbH, Schaeffler Paravan Technologie GmbH & Co. KG, ZF Friedrichshafen, Ficosa corporation, Kongsberg Automotive, Curtiss-Wright Corporation, Mando Corporation, REE, Hyundai Mobis, thyssenkrupp AG, Nissan Motor Co., Ltd. and DENSO Corporation

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the brake and steer by wire market analysis from 2021 to 2031 to identify the prevailing brake and steer by wire market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the brake and steer by wire market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global brake and steer by wire market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

  • Brake by Wire
  • Steer by Wire

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Brembo SpA
  • Continental AG
  • DENSO CORPORATION
  • Hitachi Automotive Systems Ltd
  • JTEKT Corporation
  • Nexteer Automotive Group Limited
  • Nissan Motor Co., Ltd.
  • Robert Bosch GmbH
  • Schaeffler Paravan Technologie GmbH & Co. KG
  • Thyssenkrupp AG
  • ZF Friedrichshafen

 

Please note:

  • Online Access price format is valid for 60 days access. Printing is not enabled.
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Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: BRAKE AND STEER BY WIRE MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Brake by Wire
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Steer by Wire
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: BRAKE AND STEER BY WIRE MARKET, BY REGION
5.1 Overview
5.1.1 Market size and forecast
5.2 North America
5.2.1 Key trends and opportunities
5.2.2 North America Market size and forecast, by Application
5.2.3 North America Market size and forecast, by country
5.2.3.1 U.S.
5.2.3.1.1 Market size and forecast, by Application
5.2.3.2 Canada
5.2.3.2.1 Market size and forecast, by Application
5.2.3.3 Mexico
5.2.3.3.1 Market size and forecast, by Application
5.3 Europe
5.3.1 Key trends and opportunities
5.3.2 Europe Market size and forecast, by Application
5.3.3 Europe Market size and forecast, by country
5.3.3.1 Germany
5.3.3.1.1 Market size and forecast, by Application
5.3.3.2 France
5.3.3.2.1 Market size and forecast, by Application
5.3.3.3 UK
5.3.3.3.1 Market size and forecast, by Application
5.3.3.4 Italy
5.3.3.4.1 Market size and forecast, by Application
5.3.3.5 Rest of Europe
5.3.3.5.1 Market size and forecast, by Application
5.4 Asia-Pacific
5.4.1 Key trends and opportunities
5.4.2 Asia-Pacific Market size and forecast, by Application
5.4.3 Asia-Pacific Market size and forecast, by country
5.4.3.1 China
5.4.3.1.1 Market size and forecast, by Application
5.4.3.2 Japan
5.4.3.2.1 Market size and forecast, by Application
5.4.3.3 India
5.4.3.3.1 Market size and forecast, by Application
5.4.3.4 South Korea
5.4.3.4.1 Market size and forecast, by Application
5.4.3.5 Rest Of Asia Pacific
5.4.3.5.1 Market size and forecast, by Application
5.5 LAMEA
5.5.1 Key trends and opportunities
5.5.2 LAMEA Market size and forecast, by Application
5.5.3 LAMEA Market size and forecast, by country
5.5.3.1 Latin America
5.5.3.1.1 Market size and forecast, by Application
5.5.3.2 Middle East
5.5.3.2.1 Market size and forecast, by Application
5.5.3.3 Africa
5.5.3.3.1 Market size and forecast, by Application
CHAPTER 6: COMPANY LANDSCAPE
6.1. Introduction
6.2. Top winning strategies
6.3. Product Mapping of Top 10 Player
6.4. Competitive Dashboard
6.5. Competitive Heatmap
6.6. Key developments
CHAPTER 7: COMPANY PROFILES
7.1 Brembo SpA
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating business segments
7.1.4 Product portfolio
7.1.5 Business performance
7.1.6 Key strategic moves and developments
7.2 Continental AG
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating business segments
7.2.4 Product portfolio
7.2.5 Business performance
7.2.6 Key strategic moves and developments
7.3 DENSO CORPORATION
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Operating business segments
7.3.4 Product portfolio
7.3.5 Business performance
7.3.6 Key strategic moves and developments
7.4 Hitachi Automotive Systems Ltd
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Operating business segments
7.4.4 Product portfolio
7.4.5 Business performance
7.4.6 Key strategic moves and developments
7.5 JTEKT Corporation
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Operating business segments
7.5.4 Product portfolio
7.5.5 Business performance
7.5.6 Key strategic moves and developments
7.6 Nexteer Automotive Group Limited
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Operating business segments
7.6.4 Product portfolio
7.6.5 Business performance
7.6.6 Key strategic moves and developments
7.7 Nissan Motor Co., Ltd.
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Operating business segments
7.7.4 Product portfolio
7.7.5 Business performance
7.7.6 Key strategic moves and developments
7.8 Robert Bosch GmbH
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Operating business segments
7.8.4 Product portfolio
7.8.5 Business performance
7.8.6 Key strategic moves and developments
7.9 Schaeffler Paravan Technologie GmbH & Co. KG
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Operating business segments
7.9.4 Product portfolio
7.9.5 Business performance
7.9.6 Key strategic moves and developments
7.10 Thyssenkrupp AG
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating business segments
7.10.4 Product portfolio
7.10.5 Business performance
7.10.6 Key strategic moves and developments
7.11 ZF Friedrichshafen
7.11.1 Company overview
7.11.2 Company snapshot
7.11.3 Operating business segments
7.11.4 Product portfolio
7.11.5 Business performance
7.11.6 Key strategic moves and developments
List of Tables
Table 1. Global Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 2. Resistance Temperature Detector Market Revenue, for Platinum, by Region , 2021-2031,($Million)
Table 3. Resistance Temperature Detector Market for Platinum by Country, 2021-2031,($Million)
Table 4. Resistance Temperature Detector Market Revenue, for Nickel, by Region , 2021-2031,($Million)
Table 5. Resistance Temperature Detector Market for Nickel by Country, 2021-2031,($Million)
Table 6. Resistance Temperature Detector Market Revenue, for Copper, by Region , 2021-2031,($Million)
Table 7. Resistance Temperature Detector Market for Copper by Country, 2021-2031,($Million)
Table 8. Resistance Temperature Detector Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 9. Resistance Temperature Detector Market for Others by Country, 2021-2031,($Million)
Table 10. Global Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 11. Resistance Temperature Detector Market Revenue, for Two Wire Rtd Sensors, by Region , 2021-2031,($Million)
Table 12. Resistance Temperature Detector Market for Two Wire Rtd Sensors by Country, 2021-2031,($Million)
Table 13. Resistance Temperature Detector Market Revenue, for Three Wire Rtd Sensors, by Region , 2021-2031,($Million)
Table 14. Resistance Temperature Detector Market for Three Wire Rtd Sensors by Country, 2021-2031,($Million)
Table 15. Resistance Temperature Detector Market Revenue, for Four Wire Rtd Sensors, by Region , 2021-2031,($Million)
Table 16. Resistance Temperature Detector Market for Four Wire Rtd Sensors by Country, 2021-2031,($Million)
Table 17. Global Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 18. Resistance Temperature Detector Market Revenue, for Food Processing Industry, by Region , 2021-2031,($Million)
Table 19. Resistance Temperature Detector Market for Food Processing Industry by Country, 2021-2031,($Million)
Table 20. Resistance Temperature Detector Market Revenue, for Automotive Industry, by Region , 2021-2031,($Million)
Table 21. Resistance Temperature Detector Market for Automotive Industry by Country, 2021-2031,($Million)
Table 22. Resistance Temperature Detector Market Revenue, for Chemical Industry, by Region , 2021-2031,($Million)
Table 23. Resistance Temperature Detector Market for Chemical Industry by Country, 2021-2031,($Million)
Table 24. Resistance Temperature Detector Market Revenue, for Consumer Electronics, by Region , 2021-2031,($Million)
Table 25. Resistance Temperature Detector Market for Consumer Electronics by Country, 2021-2031,($Million)
Table 26. Resistance Temperature Detector Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 27. Resistance Temperature Detector Market for Others by Country, 2021-2031,($Million)
Table 28. Resistance Temperature Detector Market, by Region, 2021-2031,($Million)
Table 29. North America Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 30. North America Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 31. North America Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 32. North America Resistance Temperature Detector Market, by Country, 2021-2031,($Million)
Table 33. U.S. Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 34. U.S. Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 35. U.S. Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 36. Canada Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 37. Canada Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 38. Canada Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 39. Mexico Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 40. Mexico Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 41. Mexico Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 42. Europe Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 43. Europe Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 44. Europe Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 45. Europe Resistance Temperature Detector Market, by Country, 2021-2031,($Million)
Table 46. France Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 47. France Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 48. France Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 49. Germany Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 50. Germany Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 51. Germany Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 52. Italy Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 53. Italy Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 54. Italy Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 55. United Kingdom Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 56. United Kingdom Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 57. United Kingdom Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 58. Rest of Europe Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 59. Rest of Europe Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 60. Rest of Europe Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 61. Asia-Pacific Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 62. Asia-Pacific Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 63. Asia-Pacific Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 64. Asia-Pacific Resistance Temperature Detector Market, by Country, 2021-2031,($Million)
Table 65. China Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 66. China Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 67. China Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 68. Japan Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 69. Japan Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 70. Japan Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 71. India Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 72. India Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 73. India Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 74. South Korea Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 75. South Korea Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 76. South Korea Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 77. Rest of Asia-Pacific Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 78. Rest of Asia-Pacific Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 79. Rest of Asia-Pacific Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 80. LAMEA Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 81. LAMEA Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 82. LAMEA Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 83. LAMEA Resistance Temperature Detector Market, by Country, 2021-2031,($Million)
Table 84. Latin America Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 85. Latin America Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 86. Latin America Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 87. Middle East Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 88. Middle East Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 89. Middle East Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 90. Africa Resistance Temperature Detector Market, by Material, 2021-2031,($Million)
Table 91. Africa Resistance Temperature Detector Market, by Configuration Type, 2021-2031,($Million)
Table 92. Africa Resistance Temperature Detector Market, by End Use Industry, 2021-2031,($Million)
Table 93. Emersons Electric: Company Snapshot
Table 94. Emersons Electric: Operating Segments
Table 95. Emersons Electric: Product Portfolio
Table 96. Emersons Electric: Net Sales
Table 97. Emersons Electric: Key Stratergies
Table 98. Analog Devices Inc.: Company Snapshot
Table 99. Analog Devices Inc.: Operating Segments
Table 100. Analog Devices Inc.: Product Portfolio
Table 101. Analog Devices Inc.: Net Sales
Table 102. Analog Devices Inc.: Key Stratergies
Table 103. Abb Ltd: Company Snapshot
Table 104. Abb Ltd: Operating Segments
Table 105. Abb Ltd: Product Portfolio
Table 106. Abb Ltd: Net Sales
Table 107. Abb Ltd: Key Stratergies
Table 108. Kongsberg Gruppen: Company Snapshot
Table 109. Kongsberg Gruppen: Operating Segments
Table 110. Kongsberg Gruppen: Product Portfolio
Table 111. Kongsberg Gruppen: Net Sales
Table 112. Kongsberg Gruppen: Key Stratergies
Table 113. Nxp Semiconductors N.V.: Company Snapshot
Table 114. Nxp Semiconductors N.V.: Operating Segments
Table 115. Nxp Semiconductors N.V.: Product Portfolio
Table 116. Nxp Semiconductors N.V.: Net Sales
Table 117. Nxp Semiconductors N.V.: Key Stratergies
Table 118. Omega Engineering: Company Snapshot
Table 119. Omega Engineering: Operating Segments
Table 120. Omega Engineering: Product Portfolio
Table 121. Omega Engineering: Net Sales
Table 122. Omega Engineering: Key Stratergies
Table 123. Panasonic Corporation: Company Snapshot
Table 124. Panasonic Corporation: Operating Segments
Table 125. Panasonic Corporation: Product Portfolio
Table 126. Panasonic Corporation: Net Sales
Table 127. Panasonic Corporation: Key Stratergies
Table 128. Microchip Technology Inc.: Company Snapshot
Table 129. Microchip Technology Inc.: Operating Segments
Table 130. Microchip Technology Inc.: Product Portfolio
Table 131. Microchip Technology Inc.: Net Sales
Table 132. Microchip Technology Inc.: Key Stratergies
Table 133. Stmicroelectronics: Company Snapshot
Table 134. Stmicroelectronics: Operating Segments
Table 135. Stmicroelectronics: Product Portfolio
Table 136. Stmicroelectronics: Net Sales
Table 137. Stmicroelectronics: Key Stratergies
Table 138. General Electrics: Company Snapshot
Table 139. General Electrics: Operating Segments
Table 140. General Electrics: Product Portfolio
Table 141. General Electrics: Net Sales
Table 142. General Electrics: Key Stratergies
List of Figures
Figure 1. Brake and Steer by Wire Market Segmentation
Figure 2. Brake and Steer by Wire Market,2021-2031
Figure 3. Brake and Steer by Wire Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Brake and Steer by Wire Market:Drivers, Restraints and Opportunities
Figure 12. Brake and Steer by Wire Market,By Application,2021(%)
Figure 13. Comparative Share Analysis of Brake by Wire Brake and Steer by Wire Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Steer by Wire Brake and Steer by Wire Market,2021-2031(%)
Figure 15. Brake and Steer by Wire Market by Region,2021
Figure 16. U.S. Brake and Steer by Wire Market,2021-2031($Million)
Figure 17. Canada Brake and Steer by Wire Market,2021-2031($Million)
Figure 18. Mexico Brake and Steer by Wire Market,2021-2031($Million)
Figure 19. Germany Brake and Steer by Wire Market,2021-2031($Million)
Figure 20. France Brake and Steer by Wire Market,2021-2031($Million)
Figure 21. Uk Brake and Steer by Wire Market,2021-2031($Million)
Figure 22. Italy Brake and Steer by Wire Market,2021-2031($Million)
Figure 23. Rest of Europe Brake and Steer by Wire Market,2021-2031($Million)
Figure 24. China Brake and Steer by Wire Market,2021-2031($Million)
Figure 25. Japan Brake and Steer by Wire Market,2021-2031($Million)
Figure 26. India Brake and Steer by Wire Market,2021-2031($Million)
Figure 27. South Korea Brake and Steer by Wire Market,2021-2031($Million)
Figure 28. Rest of Asia-Pacific Brake and Steer by Wire Market,2021-2031($Million)
Figure 29. Latin America Brake and Steer by Wire Market,2021-2031($Million)
Figure 30. Middle East Brake and Steer by Wire Market,2021-2031($Million)
Figure 31. Africa Brake and Steer by Wire Market,2021-2031($Million)
Figure 32. Top Winning Strategies, by Year
Figure 33. Top Winning Strategies, by Development
Figure 34. Top Winning Strategies, by Company
Figure 35. Product Mapping of Top 10 Players
Figure 36. Competitive Dashboard
Figure 37. Competitive Heatmap of Top 10 Key Players
Figure 38. Brembo Spa.: Net Sales ,($Million)
Figure 39. Continental AG.: Net Sales ,($Million)
Figure 40. Denso Corporation.: Net Sales ,($Million)
Figure 41. Hitachi Automotive Systems Ltd.: Net Sales ,($Million)
Figure 42. Jtekt Corporation.: Net Sales ,($Million)
Figure 43. Nexteer Automotive Group Limited.: Net Sales ,($Million)
Figure 44. Nissan Motor Co. Ltd..: Net Sales ,($Million)
Figure 45. Robert Bosch GmbH.: Net Sales ,($Million)
Figure 46. Schaeffler Paravan Technologie GmbH & Co. KG.: Net Sales ,($Million)
Figure 47. Thyssenkrupp AG.: Net Sales ,($Million)
Figure 48. Zf Friedrichshafen.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Brake and Steer By Wire Market," the brake and steer by wire market was valued at $7.87 billion in 2021, and is estimated to reach $14.75 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

Asia-Pacific leads the brake and steer by wire market presently, followed by Europe, North America, and LAMEA. Brake and steer by wire systems can be defined as adoption of electro-mechanical systems for controlling and performing vehicle functions, which were previously done by mechanical linkages. Drive by wire control systems are used as replacement for mechanical systems and energy-intensive systems in a vehicle. In the initial phase, only electronic throttle system was used, however, in the present scenario, steering and braking systems are being controlled by electronics. Drive by wire system is one of the preconditions for fully autonomous and semi-autonomous driving functions.

The global brake and steer by wire market is segmented on the basis of application and region. By application, the market is divided into brake by wire and steer by wire. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Factors such as rise in development of autonomous vehicles, are driving the growth of the brake and steer by wire market. In addition, increase in connected infrastructure is anticipated to boost the growth of the market. However, high cost of brake and steer by wire system and threat of data hacking and malfunctioning is expected to hinder the growth of the brake and steer by wire market. Furthermore, development of smart cities present remarkable growth opportunities for the key players operating in the market.

COVID-19 Impact Analysis

COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge. Lockdown measures have helped to contain the spread of coronavirus, but exacted a huge economic toll. On the business side, the automotive sector is one of the considerably hit sectors. Following the pattern witnessed in countries where COVID-19 spread earlier, lockdown measures and other restrictions have impacted the automotive sector considerably. Furthermore, coronavirus has introduced unexpected challenges within the automotive sector. Moreover, nationwide lockdowns disrupted the supply-chain as several manufacturing facilities across the globe had to partially or fully shut down their operations. However, with the relaxation of lockdown measures and the consequent opening of markets across the world, the demand for drive and steer by wire is anticipated to grow considerably in the near future.

Key Findings of the Study

  • By application, the brake by wire segment is expected to register a significant growth during the forecast period.
  • By region, Europe is anticipated to register the highest CAGR during the forecast period.
  • The prominent players operating in the brake and steer by wire market are Brembo S.p.A., Hitachi Automotive Systems, Ltd., JTEKT Corporation, Nexteer Automotive Group Limited, Robert Bosch GmbH, Schaeffler Paravan Technologie GmbH & Co. KG, ZF Friedrichshafen, Ficosa corporation, Kongsberg Automotive, Curtiss-Wright Corporation, Mando Corporation, REE Automotive, Hyundai Mobis, thyssenkrupp AG, Nissan Motor Co., Ltd., Hitachi Automotive Systems, Ltd. And DENSO Corporation

Companies Mentioned

  • Brembo Spa
  • Continental AG
  • Denso Corporation
  • Hitachi Automotive Systems Ltd
  • Jtekt Corporation
  • Nexteer Automotive Group Limited
  • Nissan Motor Co. Ltd.
  • Robert Bosch GmbH
  • Schaeffler Paravan Technologie GmbH & Co. Kg
  • Thyssenkrupp AG
  • Zf Friedrichshafen

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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