Global Electronically Controlled Redundant Steer-by-Wire System Market Growth 2025-2031

The global Electronically Controlled Redundant Steer-by-Wire System market size is predicted to grow from US$ 225 million in 2025 to US$ 469 million in 2031; it is expected to grow at a CAGR of 13.0% from 2025 to 2031.

Electronically controlled redundant steer-by-wire system is a kind of steering system which adopts electronic signal to transmit steering command and has multi-layer fault protection mechanism. In the traditional steering system, the steering wheel is directly connected to the front wheel through a mechanical link or hydraulic power assist device; in the steering-by-wire system, the motion of the steering wheel is captured by sensors and converted into electrical signals sent to the electronic control unit, and then the ECU calculates the appropriate steering angle according to the current vehicle speed, driving mode and other factors, and finally drives the wheel rotation through the motor.

United States market for Electronically Controlled Redundant Steer-by-Wire System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Electronically Controlled Redundant Steer-by-Wire System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Electronically Controlled Redundant Steer-by-Wire System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Electronically Controlled Redundant Steer-by-Wire System players cover Nexteer, Schaeffler Group, Bosch, Arnold NextG, HL Mando, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Electronically Controlled Redundant Steer-by-Wire System Industry Forecast” looks at past sales and reviews total world Electronically Controlled Redundant Steer-by-Wire System sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronically Controlled Redundant Steer-by-Wire System sales for 2025 through 2031. With Electronically Controlled Redundant Steer-by-Wire System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronically Controlled Redundant Steer-by-Wire System industry.

This Insight Report provides a comprehensive analysis of the global Electronically Controlled Redundant Steer-by-Wire System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronically Controlled Redundant Steer-by-Wire System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronically Controlled Redundant Steer-by-Wire System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronically Controlled Redundant Steer-by-Wire System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronically Controlled Redundant Steer-by-Wire System.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronically Controlled Redundant Steer-by-Wire System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Fully Redundant System
Partially Redundant System

Segmentation by Application:
Commercial Vehicle
Passenger Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nexteer
Schaeffler Group
Bosch
Arnold NextG
HL Mando
ZF
Jtekt Corporation
KYB Corporation
NSK
ThyssenKrupp
Shangyuan Zhixing (Tongxiang) Technology
Zhejiang Shibao
Tianjin Deco Zhikong
Beijing Yingchuangzhi Automobile Technology
Bebest (Shanghai) Automotive Electronics
Yubei Steering System (Xinxiang)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronically Controlled Redundant Steer-by-Wire System market?

What factors are driving Electronically Controlled Redundant Steer-by-Wire System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronically Controlled Redundant Steer-by-Wire System market opportunities vary by end market size?

How does Electronically Controlled Redundant Steer-by-Wire System break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.