The global Automotive Steer-by-wire System market was valued at US$ 91 million in 2022 and is projected to reach US$ 112.6 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Automotive Steer-by-wire System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steer-by-wire System. This report contains market size and forecasts of Automotive Steer-by-wire System in global, including the following market information:
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- Global Automotive Steer-by-wire System Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
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Global key players of vehicle steer-by-wire system include KYB Corporation, Nexteer Automotive, ZF, JTEKT Corporation, Bosch and Schaeffler Paravan, etc. Japan is the largest market, with a share about 36%, followed by North America and Europe. In terms of product, electronic control unit is the largest segment, with a share over 34%. In terms of application, L3 vehicle steer-by-wire system is the largest market, with a share over 95%.
We surveyed the Automotive Steer-by-wire System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Steer-by-wire System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Steer-by-wire System Market Segment Percentages, by Type, 2022 (%)
Pure Electronic
Backup Mechanical
Global Automotive Steer-by-wire System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Steer-by-wire System Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Automotive Steer-by-wire System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Steer-by-wire System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Steer-by-wire System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Steer-by-wire System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
JTEKT
Nexteer Automotive
Nissan
Thyssenkrupp
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Steer-by-wire System, market overview.
Chapter 2: Global Automotive Steer-by-wire System market size in revenue.
Chapter 3: Detailed analysis of Automotive Steer-by-wire System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Automotive Steer-by-wire System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Automotive Steer-by-wire System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automotive Steer-by-wire System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automotive Steer-by-wire System Overall Market Size
2.1 Global Automotive Steer-by-wire System Market Size: 2022 VS 2029
2.2 Global Automotive Steer-by-wire System Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Automotive Steer-by-wire System Players in Global Market
3.2 Top Global Automotive Steer-by-wire System Companies Ranked by Revenue
3.3 Global Automotive Steer-by-wire System Revenue by Companies
3.4 Top 3 and Top 5 Automotive Steer-by-wire System Companies in Global Market, by Revenue in 2022
3.5 Global Companies Automotive Steer-by-wire System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Automotive Steer-by-wire System Players in Global Market
3.6.1 List of Global Tier 1 Automotive Steer-by-wire System Companies
3.6.2 List of G
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