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Automotive Steer-by-wire System-Global Market Insights and Sales Trends 2024
Synopsis
Vehicle steer-by-wire refers to a system that uses cables and wiring to electronically perform steering operations in a vehicle. In such a setup, there is no longer any mechanical connection between the input component for steering (e.g. the steering wheel) and the vehicle’s wheels. Instead, all steering commands are transmitted electrically by a control unit to a motor that then executes the steering movement, thereby causing the wheels to turn in a corresponding manner.
The global Automotive Steer-by-wire System market size is expected to reach US$ 111 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steer-by-wire System in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Steer-by-wire System market. Pure Electronic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Backup Mechanical segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steer-by-wire System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steer-by-wire System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steer-by-wire System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steer-by-wire System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steer-by-wire System covered in this report include Bosch, JTEKT, Nexteer Automotive, Nissan and Thyssenkrupp, etc.
The global Automotive Steer-by-wire System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
JTEKT
Nexteer Automotive
Nissan
Thyssenkrupp
Global Automotive Steer-by-wire System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steer-by-wire System market, Segment by Type:
Pure Electronic
Backup Mechanical
Global Automotive Steer-by-wire System market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Steer-by-wire System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Vehicle steer-by-wire refers to a system that uses cables and wiring to electronically perform steering operations in a vehicle. In such a setup, there is no longer any mechanical connection between the input component for steering (e.g. the steering wheel) and the vehicle’s wheels. Instead, all steering commands are transmitted electrically by a control unit to a motor that then executes the steering movement, thereby causing the wheels to turn in a corresponding manner.
The global Automotive Steer-by-wire System market size is expected to reach US$ 111 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steer-by-wire System in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Steer-by-wire System market. Pure Electronic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Backup Mechanical segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steer-by-wire System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steer-by-wire System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steer-by-wire System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steer-by-wire System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steer-by-wire System covered in this report include Bosch, JTEKT, Nexteer Automotive, Nissan and Thyssenkrupp, etc.
The global Automotive Steer-by-wire System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
JTEKT
Nexteer Automotive
Nissan
Thyssenkrupp
Global Automotive Steer-by-wire System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steer-by-wire System market, Segment by Type:
Pure Electronic
Backup Mechanical
Global Automotive Steer-by-wire System market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Steer-by-wire System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automotive Steer-by-wire System
1.1 Automotive Steer-by-wire System Market Overview
1.1.1 Automotive Steer-by-wire System Product Scope
1.1.2 Automotive Steer-by-wire System Market Status and Outlook
1.2 Global Automotive Steer-by-wire System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive Steer-by-wire System Market Size by Region (2018-2029)
1.4 Global Automotive Steer-by-wire System Historic Market Size by Region (2018-2023)
1.5 Global Automotive Steer-by-wire System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive Steer-by-wire System Market Size (2018-2029)
1.6.1 North America Automotive Steer-by-wire System Market Size (2018-2029)
1.6.2 Europe Automotive Steer-by-wire System Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive Steer-by-wire System Market Size (2018-2029)
1.6.4 Latin America Automotive Steer-by-wire System Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive Steer-by-wire System Market Size (2018-2029)
2 Automotive Steer-by-wire System Market by Type
2.1 Introduction
2.1.1 Pure Electronic
2.1.2 Backup Mechanical
2.2 Global Automotive Steer-by-wire System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive Steer-by-wire System Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive Steer-by-wire System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive Steer-by-wire System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive Steer-by-wire System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive Steer-by-wire System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive Steer-by-wire System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive Steer-by-wire System Revenue Breakdown by Type (2018-2029)
3 Automotive Steer-by-wire System Market Overview by Application
3.1 Introduction
3.1.1 Passenger Vehicles
3.1.2 Commercial Vehicles
3.2 Global Automotive Steer-by-wire System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive Steer-by-wire System Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive Steer-by-wire System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive Steer-by-wire System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive Steer-by-wire System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive Steer-by-wire System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive Steer-by-wire System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive Steer-by-wire System Revenue Breakdown by Application (2018-2029)
4 Automotive Steer-by-wire System Competition Analysis by Players
4.1 Global Automotive Steer-by-wire System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Steer-by-wire System as of 2022)
4.3 Date of Key Players Enter into Automotive Steer-by-wire System Market
4.4 Global Top Players Automotive Steer-by-wire System Headquarters and Area Served
4.5 Key Players Automotive Steer-by-wire System Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive Steer-by-wire System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Bosch
5.1.1 Bosch Profile
5.1.2 Bosch Main Business
5.1.3 Bosch Automotive Steer-by-wire System Products, Services and Solutions
5.1.4 Bosch Automotive Steer-by-wire System Revenue (US$ Million) & (2018-2023)
5.1.5 Bosch Recent Developments
5.2 JTEKT
5.2.1 JTEKT Profile
5.2.2 JTEKT Main Business
5.2.3 JTEKT Automotive Steer-by-wire System Products, Services and Solutions
5.2.4 JTEKT Automotive Steer-by-wire System Revenue (US$ Million) & (2018-2023)
5.2.5 JTEKT Recent Developments
5.3 Nexteer Automotive
5.3.1 Nexteer Automotive Profile
5.3.2 Nexteer Automotive Main Business
5.3.3 Nexteer Automotive Automotive Steer-by-wire System Products, Services and Solutions
5.3.4 Nexteer Automotive Automotive Steer-by-wire System Revenue (US$ Million) & (2018-2023)
5.3.5 Nissan Recent Developments
5.4 Nissan
5.4.1 Nissan Profile
5.4.2 Nissan Main Business
5.4.3 Nissan Automotive Steer-by-wire System Products, Services and Solutions
5.4.4 Nissan Automotive Steer-by-wire System Revenue (US$ Million) & (2018-2023)
5.4.5 Nissan Recent Developments
5.5 Thyssenkrupp
5.5.1 Thyssenkrupp Profile
5.5.2 Thyssenkrupp Main Business
5.5.3 Thyssenkrupp Automotive Steer-by-wire System Products, Services and Solutions
5.5.4 Thyssenkrupp Automotive Steer-by-wire System Revenue (US$ Million) & (2018-2023)
5.5.5 Thyssenkrupp Recent Developments
6 North America
6.1 North America Automotive Steer-by-wire System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automotive Steer-by-wire System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive Steer-by-wire System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive Steer-by-wire System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive Steer-by-wire System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive Steer-by-wire System Market Dynamics
11.1 Automotive Steer-by-wire System Industry Trends
11.2 Automotive Steer-by-wire System Market Drivers
11.3 Automotive Steer-by-wire System Market Challenges
11.4 Automotive Steer-by-wire System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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