Drive-by-Wire Market
Drive-by-Wire Market Analysis by Electronic Throttle Control, Brake-by-wire, Steer-by-wire, and Shift-by-wire for Passenger and Commercial Vehicles from 2023 to 2033
Analysis of Drive-by-Wire Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Drive-By-Wire Market Outlook (2023 to 2033)
Based on the analysis by Fact.MR, global Drive-By-Wire Market is estimated to be valued at US$ 30.6 Billion in 2023, and it is projected to grow at a CAGR of 9.6% to reach US$ 76.6 Billion by the end of 2033.
Increasing demand for autonomous vehicles for both commercial and passenger-type vehicles, rising emission and safety regulations by the government, rapid expansion of automobile industry, and the growing popularity of luxury vehicles are all driving the demand for drive-by-wire systems. The East Asia region is expected to be the fast-growing market for drive-by-wire systems over the forecast period.
| Report Attributes | Details |
|---|---|
| Drive-By-Wire Market Size (2022A) | US$ 27.9 Billion |
| Estimated Market Value (2023E) | US$ 30.6 Billion |
| Forecasted Market Value (2033F) | US$ 76.6 Billion |
| Global Market Growth Rate (2023 to 2033) | 9.6% CAGR |
| Indian Market Growth Rate (2023 to 2033) | 6.6% CAGR |
| China Market Growth Rate (2023 to 2033) | 6.9% CAGR |
| Key Companies Profiled | Robert Bosch GmbH; SKF Group; Delphi Automotive PLC; Mobil Elektronik GmbH; Denso Corporation; Hitachi Automotive Systems, Ltd.; ZF Friedrichshafen AG; Continental Group; Curtiss-Wright Corporation; Infineon Group |
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Historical and Future Pathway Analysis for the Drive-By-Wire Market
A drive-by-wire system is a type of automotive system that uses electronic sensors and actuators to control the vehicle's driving functions, such as steering, braking, and acceleration. This system is completely different from the traditional automotive system, which uses mechanical linkages to control these functions. Drive-by-wire systems are becoming increasingly common in modern vehicles. Many vehicles today are equipped with drive-by-wire systems for at least some of their driving functions, such as electronic throttle control or brake-by-wire systems. In the future, it is expected that drive-by-wire systems will be used to control all of the vehicle's driving functions in autonomous vehicles.
The drive-by-wire market has been steadily growing in recent times, and it is expected that this trend will continue in the upcoming future.
- Short-term (2023 to 2026): Growing demand for autonomous vehicles will increase the demand for drive-by-wire systems as these systems typically have multiple sensors and actuators that work together to control each driving function and also help to improve the fuel efficiency of autonomous vehicles by optimizing their performance.
- Medium-term (2026 to 2029): The overall market demand for drive-by-wires is estimated to grow with the increasing use of artificial intelligence (AI). AI can be used to develop more sophisticated and intelligent drive-by-wire systems. For example, specific drive-by-wire systems can be made through AI which can learn from the driver's behaviour or maybe it can anticipate the driver’s requirements while driving the vehicle.
- Long-term (2029 to 2033): The development of stringent emission and safety regulations is expected to contribute to increased demand for drive-by-wire systems in the long run. Drive-by-wires can significantly reduce emissions by optimising a vehicle's performance and fuel economy. They also provide several advanced safety features such as anti-lock braking, traction control, etc.
On the back of the aforementioned findings, the drive-by-wire market is anticipated to grow at a CAGR of 9.6% during the forecast period from 2023 to 2033, According to the Fact.MR, a market research and competitive intelligence provider.
Market share analysis of drive-by-wire systems based on vehicle type and region is provided in a nutshell in the above image. Under the application segment, the commercial vehicle among the drive-by-wire dominates with a 28% market share in 2023.
Market Dynamics Outlook
“Increase in The Popularity for Autonomous And Fuel-Efficient Vehicles Will Lead to an Increase in The Demand of Drive-by-Wire Systems”
Drive-by-wire systems are one of the important components of any autonomous vehicle. These vehicles need to have very precise and reliable control over all of their driving functions like steering, braking, and accelerating. The drive-by-wire system allows these autonomous vehicles to have control over all these driving functions electronically without the use of any mechanical linkages. This is important for autonomous vehicles for them to operate safely and efficiently. So this will drive the market for drive-by-wire systems.
Fuel-efficient vehicles also benefit from drive-by-wire systems. Drive-by-wire systems can help to improve fuel efficiency by optimizing the vehicle's performance. Drive-by-wire systems, for instance, can be utilized to cut down on the amount of time the engine idles, which can help save fuel.
“High Cost Pose a Barrier to Market Expansion”
The development and production costs of drive-by-wire systems are higher than those of conventional mechanical systems. This is because drive-by-wire systems need a variety of electrical parts, including sensors, actuators, and different types of control systems. The high cost of drive-by-wire systems is a barrier to market expansion because it makes the technology less affordable for consumers and businesses.
With the growth of the semiconductor industry, all the prices of the different electrical and electronic components may be reduced and this will help the drive-by-wire market to also reduce its overall cost. However, it is important to note that the cost of drive-by-wire systems is expected to remain relatively high in the near future. This is because drive-by-wire systems are still a relatively new technology, and the demand for these systems is expected to grow in the coming years.
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Country-wise Insights
What are the Factors Driving the Drive-by-Wire Market Demand Across China?
The rise of the Chinese automotive market is one of the most vital factors in driving the demand for the drive-by-wire market across China. The Chinese automotive market has become very competitive in the last few years. This is driving companies to develop and launch new vehicles with advanced features, such as drive-by-wire systems to sustain in this highly competitive market.
The growth of the Chinese automotive market is also creating new opportunities for drive-by-wire system suppliers. For example, the growing popularity of electric vehicles in China is driving the demand for drive-by-wire systems for electric vehicles. Electric vehicles typically use drive-by-wire systems for their steering, braking, and acceleration functions. Since the use of conventional IC engines is going to be less and the use of electrical vehicles is going to increase, the overall drive-by-wire market is also going to increase in the upcoming future in the China market.
Why is the Indian Drive-by-Wire Market Growing so Rapidly?
The Indian government is very much supportive of the use of autonomous vehicles and is supporting the development and deployment of autonomous vehicles through a number of initiatives, such as the National Highway Authority of India's (NHAI) Test Track for Connected and Autonomous Driving and the Advanced Driver Assistance Systems (ADAS).
The Indian government is also implementing increasingly stringent emission and safety regulations for vehicles. For example, the Bharat Stage VI (BS-VI) emission standards, which are equivalent to Euro 6 emission standards. Drive-by-wire systems can help to comply with these stringent emission and safety regulations. The Indian government has also made it mandatory for all vehicles to have the Global NCAP safety rating mentioned, so with the help of the drive-by-wire system, the vehicles can improve their rating making them more safer.
Category-wise Insights
Why Are The Passenger Vehicles Better Equipped With Drive-by-Wire Systems And Not The Commercial Vehicles?
Commercial vehicles include trucks, vans, caravans, and other heavy vehicles but in the case of passenger vehicles, it includes sedans, hatchbacks, utility vehicles and luxury vehicles. Drive-by-wire systems are complex systems that require a high level of engineering expertise to develop and implement. This can make it difficult for manufacturers of commercial vehicles, which are typically less specialized than manufacturers of passenger vehicles, to implement drive-by-wire systems.
Drive-by-wire systems are more expensive than traditional mechanical systems. This is because drive-by-wire systems require a number of electronic components, such as sensors, actuators, and control units. Commercial vehicles are typically more price-sensitive than passenger vehicles, so manufacturers are less likely to equip them with drive-by-wire systems.
Why is The Electronic Throttle Control a More Popular Feature of The Drive-by-Wire System?
Electronic throttle control (ETC) is a more popular feature of the drive-by-wire system because it offers a number of advantages over traditional mechanical throttle systems. ETC systems can help to improve fuel efficiency by optimizing the vehicle's air-fuel ratio. This is because ETC systems can precisely control the amount of air that enters the engine, which can help to ensure that the engine is running at its most efficient level.
The electronic throttle control systems can also help to improve the vehicle's performance by providing more precise control of the engine's throttle. This can lead to improved acceleration and responsiveness. With these benefits, the electronic throttle control becomes a popular feature of the drive-by-wire system.
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Prominent Players
The prominent players in the drive-by-wire market are Robert Bosch GmbH, SKF Group, Delphi Automotive PLC, Mobil Elektronik GmbH, Denso Corporation, Hitachi Automotive Systems, Ltd., ZF Friedrichshafen AG, Continental Group, Curtiss-Wright Corporation, Infineon Group.
The majority of manufacturers in the drive-by-wire market, place a strong emphasis on innovation and ongoing product feature development while spending a lot of money on research and development to bring new product features to the market. The goal is to create new product features in the drive-by-wire market that may have enhanced safety features, be more affordable, and have better performance and fuel efficiency features.
Geographic expansion is another important business move that the leading players are considering. The business gains a lot from regional growth in terms of growing its market share, and it also benefits those who need the supply.
Fact.MR has provided detailed information about the price points of key manufacturers of drive-by-wire systems positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Drive-by-Wire Industry Research
-
By Application :
- Electronic Throttle Control
- Brake-by-wire
- Steer-by-wire
- Shift-by-wire
-
By Vehicle Type :
- Passenger Vehicle
- Hatchback
- Sedan
- Utility Vehicle
- Commercial Vehicle
- Passenger Vehicle
-
By Region :
- North America
- Europe
- East Asia
- South Asia & Oceania
- Latin America
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Units) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Vehicle Type
- 7.1. Passenger Vehicle
- 7.1.1. Hatchbacks
- 7.1.2. Sedan
- 7.1.3. Utility Vehicle
- 7.2. Commercial Vehicle
- 7.1. Passenger Vehicle
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Electronic Throttle Control
- 8.2. Brake-by-wire
- 8.3. Steer-by-wire
- 8.4. Shift-by-wire
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Robert Bosch GmbH
- 18.2. SKF Group
- 18.3. Delphi Automotive PLC
- 18.4. Mobil Elektronik GmbH
- 18.5. Denso Corporation
- 18.6. Hitachi Automotive Systems, Ltd.
- 18.7. ZF Friedrichshafen AG
- 18.8. Continental Group
- 18.9. Curtiss-Wright Corporation
- 18.10. Infineon Group Cargill
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million), by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Volume (Units), by Region, 2018 to 2022
Table 4: Global Market Volume (Units) and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 7: Global Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 8: Global Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 9: Global Market Value (US$ million), By Application, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11: Global Market Volume (Units), By Application, 2018 to 2022
Table 12: Global Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 13: North America Market Value (US$ million), by Country, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 15: North America Market Volume (Units), by Country, 2018 to 2022
Table 16: North America Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 17: North America Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 19: North America Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 20: North America Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 21: North America Market Value (US$ million), By Application, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 23: North America Market Volume (Units), By Application, 2018 to 2022
Table 24: North America Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 25: Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 27: Latin America Market Volume (Units), by Country, 2018 to 2022
Table 28: Latin America Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 29: Latin America Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 30: Latin America Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 31: Latin America Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 32: Latin America Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 33: Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 35: Latin America Market Volume (Units), By Application, 2018 to 2022
Table 36: Latin America Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 37: Europe Market Value (US$ million), by Country, 2018 to 2022
Table 38: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 39: Europe Market Volume (Units), by Country, 2018 to 2022
Table 40: Europe Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 41: Europe Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 42: Europe Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 43: Europe Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 44: Europe Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 45: Europe Market Value (US$ million), By Application, 2018 to 2022
Table 46: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47: Europe Market Volume (Units), By Application, 2018 to 2022
Table 48: Europe Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 49: East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51: East Asia Market Volume (Units), by Country, 2018 to 2022
Table 52: East Asia Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 53: East Asia Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 54: East Asia Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 55: East Asia Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 56: East Asia Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 57: East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 58: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59: East Asia Market Volume (Units), By Application, 2018 to 2022
Table 60: East Asia Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Volume (Units), by Country, 2018 to 2022
Table 64: South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 65: South Asia & Oceania Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 67: South Asia & Oceania Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 68: South Asia & Oceania Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 71: South Asia & Oceania Market Volume (Units), By Application, 2018 to 2022
Table 72: South Asia & Oceania Market Volume (Units) and Forecast By Application, 2023 to 2033
Table 73: MEA Market Value (US$ million), by Country, 2018 to 2022
Table 74: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 75: MEA Market Volume (Units), by Country, 2018 to 2022
Table 76: MEA Market Volume (Units) and Forecast by Country, 2023 to 2033
Table 77: MEA Market Value (US$ million), By Vehicle Type, 2018 to 2022
Table 78: MEA Market Value (US$ million) and Forecast By Vehicle Type, 2023 to 2033
Table 79: MEA Market Volume (Units), By Vehicle Type, 2018 to 2022
Table 80: MEA Market Volume (Units) and Forecast By Vehicle Type, 2023 to 2033
Table 81: MEA Market Value (US$ million), By Application, 2018 to 2022
Table 82: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 83: MEA Market Volume (Units), By Application, 2018 to 2022
Table 84: MEA Market Volume (Units) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) and Volume (Units) by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 9: North America Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 10: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 12: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 13: North America Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 15: North America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 17: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 18: North America Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 19: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 20: Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 21: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22: Latin America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 24: Latin America Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 25: Latin America Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 26: Latin America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 27: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 28: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 29: Latin America Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 31: Europe Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 32: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33: Europe Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 35: Europe Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 36: Europe Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 37: Europe Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 38: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 41: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42: East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 43: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44: East Asia Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 46: East Asia Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 47: East Asia Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 48: East Asia Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 49: East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 50: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 51: East Asia Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 52: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53: South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 54: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 57: South Asia & Oceania Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 59: South Asia & Oceania Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 62: South Asia & Oceania Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 63: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 64: MEA Market Value (US$ million) and Volume (Units) Forecast, 2023 to 2033
Figure 65: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66: MEA Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 68: MEA Market Value (US$ million) and Volume (Units) By Vehicle Type, 2023 & 2033
Figure 69: MEA Market Y-o-Y Growth Rate By Vehicle Type, 2023 to 2033
Figure 70: MEA Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 71: MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 72: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: MEA Market Attractiveness Analysis By Vehicle Type, 2023 to 2033
Figure 74: MEA Market Attractiveness Analysis By Application, 2023 to 2033
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Competitive landscape highlights only certain players
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- FAQs -
What was the Global Drive-by-Wire Market Size Reported by Fact.MR for 2022?
The Global Drive-by-Wire market was valued at US$ 27.9 Billion in 2022.
What is the Estimated Valuation of the Drive-by-Wire Market in 2033?
The market is expected to reach a valuation of US$ 76.6 Billion in 2033.
At What CAGR Did the Drive-by-Wire Market Exhibit Over the Last Five Years?
The historical growth rate of the Drive-by-Wire market was 7.3% from 2018-2022.
What is the Estimated Indian Market Size at the End of the Forecast Period (2023-33)?
The Indian market is expected to reach a valuation of US$ 6.7 Billion in 2033.
What is the Estimated Chinese Market Size at the End of the Forecast Period (2023-33)?
The Chinese market is expected to reach a valuation of US$ 14.7 Billion in 2033.
What is the Expected CAGR Percentage of Passenger Vehicles Having Drive-by-Wire Systems in Them at the End of the Forecast Period (2023-33)?
The CAGR of the passenger vehicles having drive-by-wire systems in them is expected to grow by 5.4% during the assessment period 2023-33.
Drive-by-Wire Market