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