Market Research Report on Global Drive By Wire Market

RAIPUR, INDIA, January 30, 2018 /EINPresswire.com/ --

Report Sellers has added a new market research report “Drive By Wire - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Drive-By-Wire Market is accounted for $17.2 billion in 2016 and is expected to reach $50.7 billion by 2023 growing at a CAGR of 16.6 % during the forecast period. Simple integration with Advanced Driver Assistance Systems (ADAS) and Performance & Efficiency and low Maintenance are some key factors fueling the market. Moreover, electric & hybrid vehicles provide huge growth opportunity for the market. However, low adoption rate among vehicle users is hampering the market growth.

Drive-by-wire or x-by-wire is an automotive technology that substitutes conventional mechanical systems, for example, throttle control, braking, steering and gear shifting my electronic systems. Generally cables, hydraulic pressure, or other mechanical components are exchange by sensors, electronic control unit, electric motors and actuators, etc.

By geography, Asia Pacific leads the market globally; the growth in the region is primarily being driven by Japan, China, Australia, South Korea, and India. Moreover, rise in the consumer purchasing power and their preference for better safety measures and the demand for greater fuel efficiency of the vehicle drives the market growth in this region.

Some of the key players in Drive-By-Wire market include Delphi Automotive PLC, Mobil Elektronik GmbH, Continental Group, ZF Friedrichshafen AG, Infineon Group, Robert Bosch GmbH, SKF Group, Hitachi Automotive Systems, Ltd., Denso Corporation, Curtiss-Wright Corporation, CTS Corporation, Jaguar Land-Rover Automotive PLC, Nissan Motor Co., Orscheln Products LLC. and TRW Automotive PLC.

Browse through the complete description and in-depth TOC on “Global Drive By Wire Market”
https://www.reportsellers.com/market-research-report/Drive---By---Wire---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Drive By Wire Market has been segmented by applications covered, vehicle type covered, and regions covered

Vehicle type Covered:
Commercial Vehicles
Passenger Vehicles

Application Covered:
Brake-By-Wire
Shift-By-Wire
Steer-By-Wire
Electronic throttle control (ETC)
Suspension-By-Wire
Fly-By-Wire
Park-By-Wire
Other Applications

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

Request sample here https://www.reportsellers.com/market-research-report/Drive---By---Wire---Global-Market-Outlook-2017-2023

We have a large number of reports in Automotive & Transportation Industry which can be accessed in the following link: https://www.reportsellers.com/category/automotive-transportation-market-research-report

About Report Sellers

Report Sellers is a premium market research service provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries. Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.

Aditya Joshi
Report Sellers
+1-214-396-2385
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.