Transparency Market Research has announced the addition of the “Automotive Throttle-By-Wire System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" report to their offering.
Albany, NY -- (SBWIRE) -- 11/01/2017 -- Drive by wire is essentially a technology which replaces conventional physical connections by a wire that carries an electronic signal. For instance, in gasoline engines the throttle cable usually runs from gas pedal to the throttle body which limits the quantity of air going inside the engine. When the gas pedal is pressed down the butterfly in the throttle opens broadly thereby allowing more amount of air to get into the engine. On fuel injected vehicles the sensors help in the detection of additional air and increased throttle position. After studying the condition, these sensors instruct the fuel injectors to provide more fuel so that the total power generated in the engines is more. In a throttle by wire, a sensor is attached to the gas pedal. This sensor detects how far the pedal has been pressed after which the information is sent to the car's computer. Then the computer analyzes the information it received and instructs a motor to unclutter the butterfly present in the throttle body. As the computer has the control of the throttle things such as idle cruise control, speed control, and traction control, these can be integrated easily. Since automatic transmissions are controlled by the computer, it can regulate the throttle throughout the gear changes. Additionally, it allows the adding of eco/sport buttons in order to change the way throttle reacts whenever it is pressed thereby improving fuel economy and/or throttle response.
The global automotive throttle-by-wire system market is estimated to grow at a considerable pace during the forecast period. One of the primary reasons for the growth is likely to be the advancement of autonomous vehicles (cars that can drive themselves). Owing to this, manufacturers have been in the process of introducing partial autonomous features including automatic parking systems and throttle-by-wire technologies. Many OEMs such as Audi, Continental, Ford, Delphi and Bosch have started concentrating on the commercialization of the concept of autonomous vehicles. Moreover, the non-automotive companies including global conglomerates such as Google and Apple have started investing in autonomous vehicle projects and leveraging their communications expertise. As mechanical and manual controls are unsustainable in an autonomous vehicle environment, it will finally lead to the rising demand for throttle-by-wire systems. Furthermore, benefits including low maintenance costs, ease to use, and faster production times are some of the other factors that are going to boost the growth of the overall automotive throttle-by-wire system market during the forecast period.
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The global automotive throttle-by-wire system market is segmented on the basis of vehicle type, end-user and geography. On the basis of vehicle type the market has been segmented into luxury passenger cars, mid-level passenger cars, entry-level passenger cars, heavy commercial vehicles, and light commercial vehicles. The light commercial vehicles segment accounted for the maximum share in the global automotive throttle-by-wire system market in 2016. Stringent regulatory framework as well reduction of emissions standards are likely to fuel the adoption of throttle-by-wire-systems in this segment. By end-user, the market has been segregated into OEMs and aftermarket.
In terms of geography, the global automotive throttle-by-wire-system market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate the global market during the forecast period. However, Asia Pacific is likely to grow at a significant pace. The rising demand for cars in the emerging economies such as China and India is the primary factor for the growth of this market during the forecast period.
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Some of the major players operating in the global automotive throttle-by-wire system market are Continental, Delphi, Curtiss-Wright, Hella, Denso, Johnson Controls, Visteon, Masatoshi Hoshino, Kabushiki Kaisha, Sumitomo GM and Global Technology Operations.