Albany, NY -- (SBWire) -- 06/15/2017 --Drive-by-wire or x-by-wire or by-wire are automotive technologies that replace traditional mechanical control systems in automobiles. These automotive technologies include cables, hydraulic systems, carburetors and others with electronic control systems which include wires, sensors, actuators and electronic control units (ECU).
The major types of drive-by-wire technologies are electronic throttle control, steer-by-wire, brake-by-wire, shift-by-wire, park-by-wire and other-by-wire technologies. In automobile mechanical system generally a cable connects the accelerator pedal with carburetor. When the driver press the pedal, the butterfly valve opens and the vehicle moves. In electronic throttle control the sensors measure the position of the accelerator pedal and sends a signal to ECU, which starts the fuel injection system. The fuel injection system replaces the carburetor. In steer-by-wire replaces the mechanical steering system with sensors, cables, electric motor and ECU. The sensors measure the position of the steering system and provides input to ECU which controls the electric motors and specifies the direction of front wheels. In brake-by-wire system the hydraulic brake is replaced by sensors which measure the position of brake pedal and sends the signal to ECU which controls braking in the vehicle. Shift-by-wire technology changes the manual transmission of a vehicle to automatic transmission. Park-by-wire replaces mechanical manual parking with automatic parking system. The main components of park-by-wire are a lever, switch, ECU and electric motors.
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By technology the market is segmented into electronic throttle control, steer-by-wire, brake-by-wire, shift-by-wire, park-by-wire and other-by-wire technologies. By vehicle type, the market is categorized into passenger vehicles and commercial vehicles.
By geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Europe is the key market in drive-by-wire technologies. In Europe, the major markets are Germany, the U.K, France, Italy, Spain, Belgium and Netherlands. North America is also a major market for drive-by-wire technologies. The U.S, Canada and Mexico are major market in North America. In Asia Pacific, the major markets are Japan, China, South Korea, Australia and India. In Middle East & Africa there is limited adoption of drive-by-wire technologies. The significant markets in the region are Iran and South Africa. In Latin America, drive-by-wire technology adoption is increasing. The major markets in the region are Brazil and Argentina.
Rising demand from automotive manufacturers to reduce vehicle weight is increasing the adoption of light weight electronic drive-by-wire technologies in automobiles. Fuel consumption and emission by automobiles is directly proportional to its weight. Drive-by-wire technologies requires less maintenance, are more reliable and more precise in function than their mechanical counterparts which is anticipated to increase the adoption of these technologies. Sensors are an integral component of drive-by-wire technology. Fall in price of sensors is anticipated to partially reduce the cost of drive-by-wire technology and increase its adoption among automobile manufacturers. Drive-by-wire technologies increase vehicle safety as it can function even if the engine system fails by drawing power from the battery. Rising safety concerns among consumers is anticipated to increase drive-by-wire technology adoption. Mechanical systems of a vehicle stop working if the engine fails. Rising demand for automobiles across the world is anticipated to increase the market size of drive-by-wire technologies. Major restraints for drive-by-wire technology are increased power requirements with installation of drive-by wire technologies which require a complete change in vehicle architecture. The cost of vehicle when drive-by-wire technology is installed is high compared to vehicles with mechanical control systems. A major opportunity for drive-by wire technologies is the increasing acceptance of electric and hybrid vehicles across the world.
The report provides the various competitive strategies adopted by key players operating in the market to gain market share. Company profiles include company details, market presence by segment and geography, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. Major firms operating in the drive-by-wire technology market are Robert Bosch GmbH (Germany), Daimler AG (Germany), Delphi Automotive Systems (the U.K.), Audi AG (Germany), Nissan Motor Company Ltd (Japan), SKF Group (Sweden), Mobil Elektronik GmbH (Germany), Continental AG (Germany), Curtiss-Wright Corporation (the U.S) and Infineon Technologies AG (Germany).
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Drive-by-Wire Market Outlook, Research, Trends and Forecast to 2025