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2019

Drive by Wire Market

Drive by Wire Market Size, Share, Competitive Landscape and Trend Analysis Report by Application, Vehicle Type and Component : Global Opportunity Analysis and Industry Forecast, 2019-2026

AT : Automotive systems and accessories

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Author's: Lalit Katare & Anvay Sonpimple | Lalit Janardhan Katare
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Drive by Wire Market Outlook - 2026

The global drive by wire market size was valued at $18.76 billion in 2018 and is projected to reach $35.18 billion by 2026, registering a CAGR of 8.3% from 2019 to 2026. Asia-Pacific accounted for the highest share in 2018 and is anticipated to maintain its lead in the global market throughout the forecast period. 

Factors such as rise in development of autonomous vehicles is driving the growth of the drive by wire market. In addition, increase in connected infrastructure is anticipated to boost the growth of the market. However, high cost of drive by wire system and threat of data hacking and malfunctioning is expected to hinder the growth of the market. Furthermore, development of smart cities present remarkable growth opportunities for the key players operating in the drive by wire market.

Drive by Wire Market

Drive by wire systems can be defined as adoption of electro-mechanical systems for controlling and performing vehicle functions, which were previously done by mechanical linkages. Drive by wire control systems are used as replacement for mechanical systems and energy-intensive systems in a vehicle. In the initial phase, only electronic throttle system was used, however, in recent days, even steering and braking systems are being controlled by electronics. Drive by wire system is one of the preconditions for fully autonomous and semi-autonomous driving functions. In addition, this system also improves fuel economy and reduces emission of pollutants from the vehicle.

Drive by Wire Market
By Application
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Throttle-By-Wire is projected as the most lucrative segments

The global drive by wire market is segmented into application, vehicle type, component and region. Depending on application, the market is divided into throttle by wire, shift by wire, brake by wire, park by wire, and steer by wire. On the basis of vehicle type, it is categorized into passenger car, commercial vehicle, electric vehicle, and off-highway vehicles.  Components are categorized as Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors, and others. Based on region, the drive by wire market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The government in U.S. is adopting autonomous military vehicle component in the form of robotic combat vehicles. Such adoption of autonomous military vehicle component is anticipated to propel the growth of drive by wire system, as this system is mandatory for autonomous vehicles.

Leading automotive giants are acquiring other mobility solutions providers for the development of drive by wire solutions for the future self-driving cars. For instance, on August 6, 2018, Schaeffler, automotive solutions provider acquired drive-by-wire component from Paravan, a mobility solution provider, which plays a key role in the development of autonomous vehicle. In addition, this component allows vehicle to be steered and stopped by purely electronic systems and will be great help to the people with physical disabilities.

China is formulating new policies to promote autonomous vehicle testing in the country. For instance, the National Development and Reform Commission, China’s economic planning agency, unveiled a three-year plan in December 2017, making the development of smart cars a national priority. In April 2018, Alibaba tested autonomous cars and is aiming to achieve Level 4 autonomous capability which can drive even in most drastic environmental conditions without human intervention, which in turn is expected to boost the growth of the drive by wire industry in this country.

Drive by Wire Market
By Type
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Electric vehicle is projected as the most lucrative segments

Continental AG, Robert Bosch GmbH, ZF Friedrichshafen, Nissan Motor Corporation, DENSO Corporation, NEXTEER AUTOMOTIVE GROUP LIMITED, Kongsberg Automotive, Ficosa Corporation (Panasonic Corporation), Curtiss-Wright Corporation, Hitachi Automotive and other Key players hold major drive by wire market share. 

Key Developments

  • In June 2018, ZF Friedrichshafen introduced world’s first prototype for electric steering system for autonomous trucks and buses. In addition, this ZF’s Electrically Powered Steering (EPS) system is designed with a focus to support future steer-by-wire application.
  • In April 2018, Nexteer Automotive announced incorporation of new software center in Bengaluru. In addition, this software center in India will be the first software center focusing on critical aspect of steer-by-wire (SbW) and electric power steering systems (EPS) which are key technologies for autonomous driving and advance driving assistance.
  • In November 2017, Ficosa closed its first contract for rotary shift-by-wire system from an Asia automobile manufacturer and allows company to add new product to its product portfolio. In addition, Ficosa is also supplying the whole system which includes electronic control unit (ECU) and gearbox actuator.
  • In January 2017, Continental AG and Nexteer Automotive announced joint venture with a focus on electronic steering and braking systems for autonomous driving applications. In addition, this venture will work on braking and steering integration enhance by-wire development.

Top Impacting Factors: 

Rise in development of autonomous vehicles

Autonomous vehicles have several advantages over traditional vehicles from improved safety to reduction in fuel and traffic congestion and emissions. An autonomous vehicle is installed with a number of sensors including LiDAR, RADAR, camera, GPS, and drive by wire system. These sensors are short range (providing details of moving objects near the vehicle) as well as long range (providing details of high-speed oncoming vehicles) to help the vehicle sense any object or obstacle in its way, thus eliminating the chances of accidents. Whereas, drive by system is used to electronically control the functions of vehicle rather than traditional mechanical linkages. Autonomous vehicles can also help reduce traffic congestion. Based on a study by University of Illinois, it was proved that one autonomous car stuck in a traffic congestion with 20 other human driven cars, can ease congestion by controlling its pace and hence speed of all the other cars in the jam. However, rise in focus on development of autonomous vehicle is anticipated to propel the growth of the drive by wire system.

Drive by Wire Market
By Component
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Actuator is projected as the most lucrative segments

Growth of connected infrastructure

The transportation infrastructure around the globe is evolving remarkably owing to rapid adoption of Internet of Things (IoT). Companies such as Cisco and IBM have created digital platforms, which can automate street and traffic lights, optimize trash pickup, and augment surveillance. For instance, installation of IoT sensors in Las Vegas streets has managed to control traffic congestion and solve environmental issues. Connected infrastructure includes car parks, toll booths, and smart street and traffic lights, which in turn boosts the growth of the autonomous vehicle market and eventually drive by wire market. Thus, growth of connected infrastructure creates favorable conditions for the adoption of autonomous vehicle, which in turn drives the growth of the global market. 

Drive by Wire Market
By Region
2026
Asia-pacific 
North America
Europe
LAMEA

Europe would exhibit the highest CAGR of 9.8% during 2019-2026.

High cost of drive by wire system

Adoption of drive by wire systems began about 20 years ago, first in military, and later in commercial aircrafts and now in ground transportation sector. Traditional vehicles used hydraulic pressure, cables, and other ways to provide driver with direct and physical control over the direction and speed of the vehicle. Whereas, drive by wire technology uses electronics control to carry out the functioning of brakes, steering, and operate other systems. In addition, the cost of designing, manufacturing, and installing drive by wire systems is high and adds up to the cost of vehicle. Thus, high price associated to drive by wire system is anticipated to hinder the growth of the drive by wire market.

Development of smart cities

Top home security manufacturers are launching new home security systems with IoT and wireless technologies that allow users to remotely access home security. Addition of such technologies in home security systems resulted in emergence of new range of smarter home security systems with improved intrusion detection quality. However, adoption of artificial intelligence and deep learning in security systems is expected to deliver advanced level of security and comfort to the customer. Thus, adoption of deep learning and artificial intelligence in home security system is anticipated to provide potential growth opportunities for the players operating in the drive by wire market. 

Key Benefits for Drive by Wire Market:

  • This study presents the analytical depiction of the global drive by wire market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the drive by wire market with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Drive by Wire Market Report Highlights

Aspects Details
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By Application
  • THROTTLE BY WIRE
  • SHIFT BY WIRE
  • BRAKE BY WIRE
  • PARK BY WIRE
  • STEER BY WIRE
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By Vehicle Type
  • Passenger car
  • Commercial vehicle
  • Electric vehicle
  • Off-highway vehicles
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By Component
  • Actuator
  • Electronic Control Unit (ECU)
  • Engine Control Module (ECM)
  • Electronic Throttle Control Module (ETCM)
  • Electronic Transmission Control Unit (ETCU)
  • Feedback Motor
  • Parking Pawl
  • Sensors
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (U.K., Germany, Italy, France, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Curtiss-Wright Corporation, Ficosa Corporation (Panasonic Corporation), ZF Friedrichshafen, DENSO Corporation, Kongsberg Automotive, NEXTEER AUTOMOTIVE GROUP LIMITED, Nissan Motor Corporation, Continental AG., Hitachi Automotive Systems, Ltd., Robert Bosch GmbH

Analyst Review

Drive by wire systems are used to control vehicle function with the help of electronic-mechanical systems and is a replacement of traditional mechanical linkages. This system is one of the preconditions for the self-driving feature in vehicle. In addition, many leading automobile companies are working with a focus on development of autonomous driving feature in vehicle, which in turn is anticipated to propel the growth of the drive by wire market.

Rise in development of autonomous vehicles drives the growth of the drive by wire market. In addition, developments in connected infrastructure are anticipated boost the growth of the market. However, high cost of drive by wire system and threat of data hacking and malfunctioning is expected to hinder the growth of the drive by wire market. Furthermore, development of smart cities present remarkable growth opportunities for the key players operating in the market.

Among the analyzed regions, currently, Asia-Pacific is the highest revenue contributor, and is expected to maintain the lead during the forecast period, followed by Europe, North America, and LAMEA. 
 

Author Name(s) : Lalit Katare & Anvay Sonpimple | Lalit Janardhan Katare

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Drive by Wire Market

Global Opportunity Analysis and Industry Forecast, 2019-2026