The drive by wire market size has grown strongly in recent years. It will grow from $25.07 billion in 2024 to $26.34 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to demand for improved vehicle performance, safety and driver assistance systems, regulatory requirements and standards, reduction in mechanical complexity, fuel efficiency and emission reduction.
The drive by wire market size is expected to see strong growth in the next few years. It will grow to $33.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to innovations in aerospace and defense industries, consumer demand for advanced features, rise in electric and hybrid vehicles, integration of autonomous driving features, fuel efficiency and emission reduction. Major trends in the forecast period include autonomous and electric vehicle integration, advanced safety and driver assistance features, enhanced vehicle performance and efficiency, regulatory compliance and standards, reduced mechanical complexity.
The growing demand for electric vehicles (EVs) is anticipated to drive the expansion of the drive-by-wire market in the future. Electric vehicles are powered by motors that run on electricity stored in batteries, operating on electric motors and charging their batteries with electricity instead of fossil fuels like gasoline or diesel. In EVs, drive-by-wire technology employs electronic systems to activate brakes, steer the vehicle, and control engine fueling. For example, a report released by the US Department of Energy in January 2023, a government agency overseeing nuclear infrastructure and energy policies, noted that monthly sales of new plug-in electric vehicles (PEVs), which include both all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), reached 7.4%, surpassing 7% for the first time in September 2022. Of these, 1.2% were PHEVs. Therefore, the rising demand for electric vehicles is fueling the growth of the drive-by-wire market.
The rise in autonomous vehicles is poised to elevate the drive-by-wire market. Autonomous vehicles operate independently of human control and rely on advanced control systems. Drive-by-wire technology meets the intricate demands of autonomous driving, constituting a vital part of this ecosystem. According to a December 2022 report by the Insurance Institute for Highway Safety, projections estimate 3.5 million autonomous vehicles on US roads by 2025 and an anticipated 4.5 million by 2030. This surge in autonomous vehicles significantly fuels the growth of the drive-by-wire market.
Leading companies in the drive-by-wire market are strategically forging partnerships to advance steer-by-wire (SBW) products. Strategic partnerships leverage strengths and resources for mutual success. For example, in October 2022, ZF Friedrichshafen AG, a German engineering company, partnered with Nio Inc., a Chinese automobile manufacturer. Their collaboration focuses on instant information-sharing, bolstering communication and technical exchanges. ZF's inaugural steer-by-wire collaboration with NIO in the Asia-Pacific region signifies a major milestone. Their alliance extends beyond technical collaboration to encompass brand promotion, product marketing, technology advancement, quality enhancement, and customer service improvement. This partnership aims to drive technological evolution in areas such as autonomous driving and electrification.
Major players in the drive-by-wire market are increasingly opting for strategic partnerships to merge their development capabilities, expediting solutions for market deployment. Such alliances involve leveraging each other's strengths and resources for mutual gains. For instance, in June 2023, Bosch, a Germany-based technology company, collaborated with Arnold NextG, a fellow German technology entity. This joint effort aims to synchronize their developmental strengths, hastening the creation of solutions for swift market adoption.
In October 2022, Schaeffler Technologies AG & Co. KG, a prominent player in the German automotive industry, concluded the acquisition of Schaeffler Paravan Technologie GmbH & Co. KG, with the financial details remaining undisclosed. This strategic move entails the integration of Schaeffler Paravan's 70 employees, with a commitment to maintain the autonomous management structure of the acquired company. Schaeffler Paravan Technologie GmbH & Co. KG specializes in the development of drive-by-wire systems.
Major companies operating in the drive by wire market include Continental AG, Robert Bosch GmbH, Zahnradfabrik Friedrichshafen AG, Nissan Motor Co. Ltd., Nexteer Automotive, Kongsberg Automotive Holding ASA, Curtiss-Wright Corporation, Hitachi Astemo Ltd., Nippon Denso Co.Ltd, Ficosa Corporation, Daimler Truck, ME Mobil Elektronik GmbH, Mobil Elektronik GmbH, Infineon Technologies AG, Orscheln Products LLC, KSR International Co., Stoneridge Inc., Dura Automotive Systems LLC, Kostal Automotive Electrical Systems, Schaeffler AG, Mando Corporation, JTEKT Corporation, Mitsubishi Electric Corporation, General Motors Company, Jaguar Land Rover Limited.
Asia-Pacific was the largest region in the drive by wire market in 2024. Asia-Pacific is expected to be the fastest-growing region in the drive by wire market during the forecast period. The regions covered in the drive by wire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the drive by wire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Drive-by-wire encompasses a spectrum of electrical methodologies that enhance or substitute traditional mechanical controls. This cutting-edge technology employs electronic devices to engage brakes, manage steering, and regulate the engine, eliminating the need for cables or hydraulic systems to operate a vehicle.
The primary vehicle categories utilizing drive-by-wire include passenger cars, commercial vehicles, electric vehicles, and off-highway vehicles. A passenger car, in this context, denotes a road motor vehicle designed for passenger transport, accommodating up to nine individuals and excluding mopeds or motorcycles. Key components in this technology framework encompass the vehicle's electronic control unit, actuator, engine control module, electronic transmission control unit, feedback motor, sensors, and others. These components are instrumental in diverse applications such as throttle-by-wire, steer-by-wire, shift-by-wire, brake-by-wire, and park-by-wire.
The drive by wire market research report is one of a series of new reports that provides drive by wire market statistics, including global market size, regional shares, competitors with a drive by wire market share, detailed drive by wire market segments, market trends and opportunities, and any further data you may need to thrive in the drive by wire industry. This drive by wire market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The drive by wire market consists of sales of brake boosters, master cylinders, steering columns, steering shafts, rack-and-pinion gear, hydraulic lines and various cables and links. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The drive by wire market size is expected to see strong growth in the next few years. It will grow to $33.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to innovations in aerospace and defense industries, consumer demand for advanced features, rise in electric and hybrid vehicles, integration of autonomous driving features, fuel efficiency and emission reduction. Major trends in the forecast period include autonomous and electric vehicle integration, advanced safety and driver assistance features, enhanced vehicle performance and efficiency, regulatory compliance and standards, reduced mechanical complexity.
The growing demand for electric vehicles (EVs) is anticipated to drive the expansion of the drive-by-wire market in the future. Electric vehicles are powered by motors that run on electricity stored in batteries, operating on electric motors and charging their batteries with electricity instead of fossil fuels like gasoline or diesel. In EVs, drive-by-wire technology employs electronic systems to activate brakes, steer the vehicle, and control engine fueling. For example, a report released by the US Department of Energy in January 2023, a government agency overseeing nuclear infrastructure and energy policies, noted that monthly sales of new plug-in electric vehicles (PEVs), which include both all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), reached 7.4%, surpassing 7% for the first time in September 2022. Of these, 1.2% were PHEVs. Therefore, the rising demand for electric vehicles is fueling the growth of the drive-by-wire market.
The rise in autonomous vehicles is poised to elevate the drive-by-wire market. Autonomous vehicles operate independently of human control and rely on advanced control systems. Drive-by-wire technology meets the intricate demands of autonomous driving, constituting a vital part of this ecosystem. According to a December 2022 report by the Insurance Institute for Highway Safety, projections estimate 3.5 million autonomous vehicles on US roads by 2025 and an anticipated 4.5 million by 2030. This surge in autonomous vehicles significantly fuels the growth of the drive-by-wire market.
Leading companies in the drive-by-wire market are strategically forging partnerships to advance steer-by-wire (SBW) products. Strategic partnerships leverage strengths and resources for mutual success. For example, in October 2022, ZF Friedrichshafen AG, a German engineering company, partnered with Nio Inc., a Chinese automobile manufacturer. Their collaboration focuses on instant information-sharing, bolstering communication and technical exchanges. ZF's inaugural steer-by-wire collaboration with NIO in the Asia-Pacific region signifies a major milestone. Their alliance extends beyond technical collaboration to encompass brand promotion, product marketing, technology advancement, quality enhancement, and customer service improvement. This partnership aims to drive technological evolution in areas such as autonomous driving and electrification.
Major players in the drive-by-wire market are increasingly opting for strategic partnerships to merge their development capabilities, expediting solutions for market deployment. Such alliances involve leveraging each other's strengths and resources for mutual gains. For instance, in June 2023, Bosch, a Germany-based technology company, collaborated with Arnold NextG, a fellow German technology entity. This joint effort aims to synchronize their developmental strengths, hastening the creation of solutions for swift market adoption.
In October 2022, Schaeffler Technologies AG & Co. KG, a prominent player in the German automotive industry, concluded the acquisition of Schaeffler Paravan Technologie GmbH & Co. KG, with the financial details remaining undisclosed. This strategic move entails the integration of Schaeffler Paravan's 70 employees, with a commitment to maintain the autonomous management structure of the acquired company. Schaeffler Paravan Technologie GmbH & Co. KG specializes in the development of drive-by-wire systems.
Major companies operating in the drive by wire market include Continental AG, Robert Bosch GmbH, Zahnradfabrik Friedrichshafen AG, Nissan Motor Co. Ltd., Nexteer Automotive, Kongsberg Automotive Holding ASA, Curtiss-Wright Corporation, Hitachi Astemo Ltd., Nippon Denso Co.Ltd, Ficosa Corporation, Daimler Truck, ME Mobil Elektronik GmbH, Mobil Elektronik GmbH, Infineon Technologies AG, Orscheln Products LLC, KSR International Co., Stoneridge Inc., Dura Automotive Systems LLC, Kostal Automotive Electrical Systems, Schaeffler AG, Mando Corporation, JTEKT Corporation, Mitsubishi Electric Corporation, General Motors Company, Jaguar Land Rover Limited.
Asia-Pacific was the largest region in the drive by wire market in 2024. Asia-Pacific is expected to be the fastest-growing region in the drive by wire market during the forecast period. The regions covered in the drive by wire market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the drive by wire market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Drive-by-wire encompasses a spectrum of electrical methodologies that enhance or substitute traditional mechanical controls. This cutting-edge technology employs electronic devices to engage brakes, manage steering, and regulate the engine, eliminating the need for cables or hydraulic systems to operate a vehicle.
The primary vehicle categories utilizing drive-by-wire include passenger cars, commercial vehicles, electric vehicles, and off-highway vehicles. A passenger car, in this context, denotes a road motor vehicle designed for passenger transport, accommodating up to nine individuals and excluding mopeds or motorcycles. Key components in this technology framework encompass the vehicle's electronic control unit, actuator, engine control module, electronic transmission control unit, feedback motor, sensors, and others. These components are instrumental in diverse applications such as throttle-by-wire, steer-by-wire, shift-by-wire, brake-by-wire, and park-by-wire.
The drive by wire market research report is one of a series of new reports that provides drive by wire market statistics, including global market size, regional shares, competitors with a drive by wire market share, detailed drive by wire market segments, market trends and opportunities, and any further data you may need to thrive in the drive by wire industry. This drive by wire market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The drive by wire market consists of sales of brake boosters, master cylinders, steering columns, steering shafts, rack-and-pinion gear, hydraulic lines and various cables and links. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Drive by Wire Market Characteristics3. Drive by Wire Market Trends and Strategies4. Drive by Wire Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Drive by Wire Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Drive by Wire Market34. Recent Developments in the Drive by Wire Market
5. Global Drive by Wire Growth Analysis and Strategic Analysis Framework
6. Drive by Wire Market Segmentation
7. Drive by Wire Market Regional and Country Analysis
8. Asia-Pacific Drive by Wire Market
9. China Drive by Wire Market
10. India Drive by Wire Market
11. Japan Drive by Wire Market
12. Australia Drive by Wire Market
13. Indonesia Drive by Wire Market
14. South Korea Drive by Wire Market
15. Western Europe Drive by Wire Market
16. UK Drive by Wire Market
17. Germany Drive by Wire Market
18. France Drive by Wire Market
19. Italy Drive by Wire Market
20. Spain Drive by Wire Market
21. Eastern Europe Drive by Wire Market
22. Russia Drive by Wire Market
23. North America Drive by Wire Market
24. USA Drive by Wire Market
25. Canada Drive by Wire Market
26. South America Drive by Wire Market
27. Brazil Drive by Wire Market
28. Middle East Drive by Wire Market
29. Africa Drive by Wire Market
30. Drive by Wire Market Competitive Landscape and Company Profiles
31. Drive by Wire Market Other Major and Innovative Companies
35. Drive by Wire Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Drive by Wire Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on drive by wire market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for drive by wire ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The drive by wire market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Vehicle Type: Passenger Car; Commercial Vehicle; Electric Vehicle; Off-Highway Vehicles2) by Component: Vehicle Electronic Control Unit; Actuator; Engine Control Module; Electronic Transmission Control Unit; Feedback Motor; Sensors; Other Components
3) by Application Type: Throttle-by-Wire; Steer-by-Wire; Shift-by-Wire; Brake-by-Wire; Park-by-Wire
Subsegments:
1) by Passenger Car: Sedan; SUV; Hatchback; Coupe2) by Commercial Vehicle: Light Commercial Vehicles (LCVs); Heavy Commercial Vehicles (HCVs); Buses
3) by Electric Vehicle: Battery Electric Vehicles (BEVs); Plug-in Hybrid Electric Vehicles (PHEVs); Hybrid Electric Vehicles (HEVs)
4) by Off-Highway Vehicles: Agricultural Vehicles; Construction Vehicles; Mining Vehicles; Forestry Vehicles
Key Companies Mentioned: Continental AG; Robert Bosch GmbH; Zahnradfabrik Friedrichshafen AG; Nissan Motor Co. Ltd.; Nexteer Automotive
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Drive by Wire market report include:- Continental AG
- Robert Bosch GmbH
- Zahnradfabrik Friedrichshafen AG
- Nissan Motor Co. Ltd.
- Nexteer Automotive
- Kongsberg Automotive Holding ASA
- Curtiss-Wright Corporation
- Hitachi Astemo Ltd.
- Nippon Denso Co.Ltd
- Ficosa Corporation
- Daimler Truck
- ME Mobil Elektronik GmbH
- Mobil Elektronik GmbH
- Infineon Technologies AG
- Orscheln Products LLC
- KSR International Co.
- Stoneridge Inc.
- Dura Automotive Systems LLC
- Kostal Automotive Electrical Systems
- Schaeffler AG
- Mando Corporation
- JTEKT Corporation
- Mitsubishi Electric Corporation
- General Motors Company
- Jaguar Land Rover Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 26.34 Billion |
| Forecasted Market Value ( USD | $ 33.44 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
