Drive-by-wire Market 2019 Global Industry Forecast to 2023 is latest Global Drive-by-wire Industry research report. Global Drive-by-wire Market is segmented by Application (Throttle by wire, Brake by wire, Shift by wire, Steer by wire, others), by Vehicle type (Passenger cars, Commercial Vehicles) and by Region - Forecast To 2023. Increased adoption in high-end cars, investment by manufacturers in the R&D of the technology, growth in demand for off-road vehicles further propel the growth of the market.

Global Drive-by-wire Industry Highlights:

The key players in Drive-by-wire market are Ballard Power Systems Inc. (Canada), ITM Power (U.K.), Hydrogenics (Canada), Plug Power (U.S.), Drive-by-wire Cooperation (Canada), and Ceramic Fuel Cells Ltd (Australia). Delphi Technologies (U.K.), Doosan Fuel Cell America (U.S.), Nedstack (The Netherlands) and Plug Power (U.S.) are among others.

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Various application of drive-by-wire in industrial electric vehicles, harvesters, mowers, utility vehicles, tractors, construction and mining equipment, forklifts, mowers, utility vehicles, and other off-road vehicles also aids in market expansion. Restraining factors include complexity and higher price than mechanical controls. Moreover, the drive-by-wire technology uses software that might malfunction and fail regardless of several safety measures; safety concerns are likely to hamper the market growth. The drive-by-wire system is complex and has a low adoption rate among consumers.

The growth of this market is majorly driven by an increase in number of laws and mandates by governments with the objective of controlling the vehicular emissions. The use of drive-by-wire technology in an automotive help increase the fuel efficiency of the automotive by reducing the weight of the vehicle. Growth in the demand for off-road vehicles is also driving the demand for drive-by-wire market.

The drive-by-wire market is expected to experience significant growth opportunities over the forecast period owing to the increase in sales of electric vehicles and plug-in hybrid electric vehicles across nations, such as China, Europe, U.S., Japan, and Canada.

However, various regulatory authorities believe that mechanical systems are more reliable as compared to the electronic systems. Also, the drive-by-wire systems are more complex and are therefore, more expensive than mechanical controls. Therefore, the drive-by-wire market has seen remarkable growth in the global market and it has been observed that, it is expected to grow at ~9% CAGR.

The global drive-by-wire market has been segmented based on application and vehicle type. By application, the market has been segmented into throttle by wire, shift-by-wire, steer-by-wire, brake-by-wire, and others. By vehicle type, the market has been segmented into passenger cars and commercial vehicles. Amongst the application segment, the steer-by-wire sub-segment is expected to exhibit the highest CAGR over the forecast period. For instance, Nissan Infiniti uses the steer-by-wire technology in its vehicles. It is the first mass-produced road vehicles to use such an electronic control system. Nissan has provided a backup clutch system which might be used in the event of a problem, but the company is hopeful that eventually the backup system would not be required and the steer-by-wheel technology will facilitate operation from the back seat or even with the help of a joystick. Among the vehicle type segment, the commercial vehicle sub-segment is expected to witness significant growth over the forecast period.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Stud

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Drive-by-wire Industry Size Estimation

2.4 Forecast Model

3 Drive-by-wire market Dynamics

3.1 Drive-by-wire market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

4.1 Introduction

4.2 Forward Collision Warning

4.3 Dynamic Brake Support

4.4 Crash Imminent Braking

Continued...

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