Analysts’ Viewpoint on Drive-by-wire Market Scenario
The global drive-by-wire market is significantly driven by rising sales of passenger vehicles and commercial vehicles across the globe. The growing popularity and adoption of highly efficient electric vehicles is also fueling the growth of the global market. Increasing application of the electronic throttle control technology is likely to create lucrative opportunities for manufacturers. In addition, key players operating in the global drive-by-wire market are expanding their footprint by focusing on new and innovative technology, and more efficient transmissions systems. Market players are gaining revenue opportunities due to rise in the number of smart city development projects in developing countries across the globe. However, some of the factors such as high cost of the drive-by-wire system and potential of data hacking & malfunction are anticipated to hamper the growth of the global drive-by-wire market.
Rapid urbanization and technological advancements in automobiles are driving the demand for drive-by-wire systems in vehicles. Smart city projects are rapidly rising in developing nations. The increasing adoption of IoT and wireless technology in home security systems is expected to accelerate the growth of the global drive-by-wire market. There are potential benefits for home security manufacturers due to rising usage of home security systems. The growing need of safety and security has also been contributing to the rising usage of AI and deep learning in security systems.
The drive-by-wire technology can be increasingly used in the electrical vehicles, forklifts, construction & mining equipment, harvesters, tractors, industrial mowers, utility vehicles, and various other off-road vehicles. Drive-by-wire is an emerging technology in the automobile sector. It is expected to replace the mechanical system such as master cylinders, intermediate shaft, steering columns, pumps, etc. Drive-by-wire systems are gaining popularity due to rising demand for off-road vehicles across the globe.
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Rapid growth and expansion of the automobile industry across the globe are likely to boost the global drive-by-wire market. The global drive-by-wire market is driven by the rise in the number of mergers & acquisitions in the automobile industry across the globe. People are more likely to opt for highly efficient autonomous vehicles. The surging demand for passenger cars, commercial vehicles, etc. is creating value-grab opportunities for the global drive-by-wire market players.
In addition, increasing sales of autonomous vehicles and expanding supply chain & logistics sectors are driving market growth. Rising need for safe, fuel-efficient vehicles across the globe is contributing to the growth of the drive-by-wire market.
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Asia Pacific is expected to account for the largest share of the global drive-by-wire market. There is an increasing demand for the drive-by-wire technology in Asia Pacific. The Asia Pacific drive-by-wire market is significantly driven by growth and advancement in the automotive industry in developing countries such as China and India. The increasing demand for commercial cars and two wheelers is also driving the Asia Pacific drive-by-wire market. Moreover, the Asia Pacific market is anticipated to exhibit strong growth over the forecast period owing to increasing sales of electric vehicles.
The drive-by-wire market in Germany is also expected to grow with a rapid pace during the forecast period due to the expanding automobile industry. Some other region projected to witness market growth in the upcoming years are Spain, France, Sweden, Italy, Belgium, and Netherlands, etc.
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The global drive-by-wire market is negatively affected by the coronavirus pandemic. The rapidly spreading COVID-19 cases across the globe have had a huge impact on the global economy. Many developed nations had imposed strict lockdowns, restriction on travel, etc. It had caused a majority of businesses across the globe to crumble, owing to halted production and manufacturing activities. All these factor impacted the growth of the drive-by-wire market. Thus, decline in vehicle production across the globe has hampered the market growth. However, with relaxations in restrictions, market players are adopting innovating strategies to leverage growth opportunities in the global drive-by-wire market.
Moreover, the increasing popularity of autonomous vehicles across the globe is likely to boost the drive-by-wire market during the forecast period. The electro-mechanical technology is used in drive-by-wire systems in order to control and manage a vehicle. Drive-by-wire control systems are used to replace mechanical and energy-intensive components. The market is driven by increasing applications in autonomous and semi-autonomous driving. Along with the electronic throttle systems, steering and braking systems can also be used to increase the revenue opportunities.
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Attribute |
Detail |
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Market Size Value in 2020 |
US$ 23.21 Bn |
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Market Forecast Value in 2031 |
US$ 63.75 Bn |
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Growth Rate (CAGR) |
9.62% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
Units for Volume and US$ Bn for Value |
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Research Scope |
The report covers regional and global drive-by-wire market size, along with key factors influencing the market. |
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Report Coverage |
It includes Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape. |
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Format |
Electronic (PDF) |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
Drive-by-wire Market – Segmentation
This report on the drive-by-wire market provides information on the basis of application, vehicle type, and region.
| Application |
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| Vehicle Type |
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| Region |
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This study also discusses the underlying trends and impact of various factors that are driving the drive-by-wire market, along with their influence on the evolution of the market.
This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the drive-by-wire market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.
1. Executive Summary: Global Drive-by-wire Market
1.1. Global Drive-by-wire Market Volume (Units) and Value (US$ Bn), 2021‒2031
2. Market Overview
2.1. Introduction
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.3. Market Factor Analysis
2.3.1. Porter’s Five Force Analysis
2.3.2. Value Chain Analysis
2.3.2.1. List of Key Manufacturers
2.3.2.2. List of Customers
2.3.2.3. Level of Integration
2.3.3. SWOT Analysis
2.4. Regulatory Scenario
2.5. Key Industry Development
2.6. Key Industry Trends
3. Global Drive-by-wire Market Analysis and Forecast, by Application
3.1. Definition
3.2. Market Snapshot
3.3. Global Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application, 2021‒2031
3.3.1. Electronic Throttle Control
3.3.2. Brake-by-wire
3.3.3. Steer-by-wire
3.3.4. Shift-by-wire
4. Global Drive-by-wire Market Analysis and Forecast, by Vehicle Type
4.1. Definition
4.2. Market Snapshot
4.3. Global Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
4.3.1. Passenger Vehicle
4.3.1.1. Hatchback
4.3.1.2. Sedan
4.3.1.3. Utility Vehicle
4.3.2. Commercial Vehicle
5. Global Drive-by-wire Market Analysis and Forecast, by Region
5.1. Market Snapshot
5.2. Global Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Region, 2021‒2031
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. South America
6. North America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
6.1. Market Snapshot
6.2. North America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application
6.2.1. Electronic Throttle Control
6.2.2. Brake-by-wire
6.2.3. Steer-by-wire
6.2.4. Shift-by-wire
6.3. North America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type
6.3.1. Passenger Vehicle
6.3.1.1. Hatchback
6.3.1.2. Sedan
6.3.1.3. Utility Vehicle
6.3.2. Commercial Vehicle
6.4. North America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Country
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
7. Europe Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
7.1. Market Snapshot
7.2. Europe Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application
7.2.1. Electronic Throttle Control
7.2.2. Brake-by-wire
7.2.3. Steer-by-wire
7.2.4. Shift-by-wire
7.3. Europe Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type
7.3.1. Passenger Vehicle
7.3.1.1. Hatchback
7.3.1.2. Sedan
7.3.1.3. Utility Vehicle
7.3.2. Commercial Vehicle
7.4. Europe Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Country & Sub-region
7.4.1. Germany
7.4.2. U.K.
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Nordic Countries
7.4.7. Russia & CIS
7.4.8. Rest of Europe
8. Asia Pacific Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
8.1. Market Snapshot
8.2. Asia Pacific Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application
8.2.1. Electronic Throttle Control
8.2.2. Brake-by-wire
8.2.3. Steer-by-wire
8.2.4. Shift-by-wire
8.3. Asia Pacific Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type
8.3.1. Passenger Vehicle
8.3.1.1. Hatchback
8.3.1.2. Sedan
8.3.1.3. Utility Vehicle
8.3.2. Commercial Vehicle
8.4. Asia Pacific Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Country & Sub-region
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. South Korea
8.4.5. ASEAN
8.4.6. ANZ
8.4.7. Rest of Asia Pacific
9. Middle East & Africa Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
9.1. Market Snapshot
9.2. Middle East & Africa Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application
9.2.1. Electronic Throttle Control
9.2.2. Brake-by-wire
9.2.3. Steer-by-wire
9.2.4. Shift-by-wire
9.3. Middle East & Africa Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type
9.3.1. Two/three Wheelers
9.3.2. Passenger Vehicle
9.3.2.1. Hatchback
9.3.2.2. Sedan
9.3.2.3. Utility Vehicle
9.3.3. Light Duty Vehicle
9.3.4. Medium & Heavy Duty Trucks
9.3.5. Bus & Coaches
9.4. Middle East & Africa Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Country & Sub-region
9.4.1. GCC
9.4.2. Turkey
9.4.3. South Africa
9.4.4. Rest of Middle East & Africa
10. South America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, 2021‒2031
10.1. Market Snapshot
10.2. South America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Application
10.2.1. Electronic Throttle Control
10.2.2. Brake-by-wire
10.2.3. Steer-by-wire
10.2.4. Shift-by-wire
10.3. South America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Vehicle Type
10.3.1. Passenger Vehicle
10.3.1.1. Hatchback
10.3.1.2. Sedan
10.3.1.3. Utility Vehicle
10.3.2. Commercial Vehicle
10.4. South America Drive-by-wire Market Volume (Units) & Value (US$ Bn) Forecast, by Country & Sub-region
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Competition Landscape
11.1. Market Analysis By Company (2020)
11.2. Market Player – Competition Matrix (By Tier and Size of companies)
11.3. Key Market Players (Details – Overview, Recent Developments, Strategy)
11.3.1. ZF Friedrichshafen AG
11.3.1.1. Overview
11.3.1.2. Recent Developments
11.3.1.3. Strategy
11.3.2. Robert Bosch GmbH
11.3.2.1. Overview
11.3.2.2. Recent Developments
11.3.2.3. Strategy
11.3.3. SKF Group
11.3.3.1. Overview
11.3.3.2. Recent Developments
11.3.3.3. Strategy
11.3.4. Delphi Automotive PLC
11.3.4.1. Overview
11.3.4.2. Recent Developments
11.3.4.3. Strategy
11.3.5. Mobil Elektronik GmbH
11.3.5.1. Overview
11.3.5.2. Recent Developments
11.3.5.3. Strategy
11.3.6. Denso Corporation
11.3.6.1. Overview
11.3.6.2. Recent Developments
11.3.6.3. Strategy
11.3.7. Hitachi Automotive Systems, Ltd.
11.3.7.1. Overview
11.3.7.2. Recent Developments
11.3.7.3. Strategy
11.3.8. ZF Friedrichshafen AG
11.3.8.1. Overview
11.3.8.2. Recent Developments
11.3.8.3. Strategy
11.3.9. Continental Group
11.3.9.1. Overview
11.3.9.2. Recent Developments
11.3.9.3. Strategy
11.3.10. Curtiss-Wright Corporation
11.3.10.1. Overview
11.3.10.2. Recent Developments
11.3.10.3. Strategy
11.3.11. Infineon Group
11.3.11.1. Overview
11.3.11.2. Recent Developments
11.3.11.3. Strategy
11.3.12. Other Key Players
List of Tables
Table 1: Global Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 2: Global Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 3: Global Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 4: Global Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 5: Global Drive-by-wire Market Volume (Units) Forecast, by Region, 2021‒2031
Table 6: Global Drive-by-wire Market Value (US$ Bn) Forecast, by Region, 2021‒2031
Table 7: North America Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 8: North America Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 9: North America Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 10: North America Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 11: North America Drive-by-wire Market Volume (Units) Forecast, by Country, 2021‒2031
Table 12: North America Drive-by-wire Market Value (US$ Bn) Forecast, by Country, 2021‒2031
Table 13: Europe Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 14: Europe Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 15: Europe Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 16: Europe Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 17: Europe Drive-by-wire Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 18: Europe Drive-by-wire Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 19: Asia Pacific Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 20: Asia Pacific Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 21: Asia Pacific Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 22: Asia Pacific Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 23: Asia Pacific Drive-by-wire Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 24: Asia Pacific Drive-by-wire Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 25: Middle East & Africa Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 26: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 27: Middle East & Africa Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 28: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 29: Middle East & Africa Drive-by-wire Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 30: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
Table 31: South America Drive-by-wire Market Volume (Units) Forecast, by Application, 2021‒2031
Table 32: South America Drive-by-wire Market Value (US$ Bn) Forecast, by Application, 2021‒2031
Table 33: South America Drive-by-wire Market Volume (Units) Forecast, by Vehicle Type, 2021‒2031
Table 34: South America Drive-by-wire Market Value (US$ Bn) Forecast, by Vehicle Type, 2021‒2031
Table 35: South America Drive-by-wire Market Volume (Units) Forecast, by Country and Sub-region, 2021‒2031
Table 36: South America Drive-by-wire Market Value (US$ Bn) Forecast, by Country and Sub-region, 2021‒2031
List of Figures
Figure 1: Global Drive-by-wire Market, Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 2: Global Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 3: Global Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 4: Global Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 5: Global Drive-by-wire Market Value (US$ Bn) Projection by Region, 2021‒2031
Figure 6: Global Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Region, 2021‒2031
Figure 7: North America Drive-by-wire Market Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 8: North America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 9: North America Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 10: North America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 11: North America Drive-by-wire Market Value (US$ Bn) Projection by Country, 2021‒2031
Figure 12: North America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Country, 2021‒2031
Figure 13: Europe Drive-by-wire Market Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 14: Europe Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 15: Europe Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 16: Europe Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 17: Europe Drive-by-wire Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 18: Europe Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 19: Asia Pacific Drive-by-wire Market Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 20: Asia Pacific Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 21: Asia Pacific Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 22: Asia Pacific Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 23: Asia Pacific Drive-by-wire Market, US$ Bn, Projection, by Country and Sub-region 2021‒2031
Figure 24: Asia Pacific Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 25: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 26: Middle East & Africa Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 27: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 28: Middle East & Africa Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 29: Middle East & Africa Drive-by-wire Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 30: Middle East & Africa Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
Figure 31: South America Drive-by-wire Market Value (US$ Bn) Projection, by Application, 2021‒2031
Figure 32: South America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Application, 2021‒2031
Figure 33: South America Drive-by-wire Market Value (US$ Bn) Projection, by Vehicle Type, 2021‒2031
Figure 34: South America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Vehicle Type, 2021‒2031
Figure 35: South America Drive-by-wire Market Value (US$ Bn) Projection by Country and Sub-region, 2021‒2031
Figure 36: South America Drive-by-wire Market, US$ Bn, Incremental Opportunity, by Country and Sub-region 2021‒2031
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Drive-By-Wire Market
*86 figures and 60 tables includes